Mitsubishi Corp. pivots back to natural gas as Iran war slows climate efforts
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Mitsubishi Corp. pivots back to natural gas as Iran war slows climate efforts

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Japan’s trading houses counter geopolitical risks with investment diversification, discipline

Cameron LNG, a U.S.-based joint project with Japanese trading houses Mitsubishi Corp. and Mitsui & Co., is planning to boost production. (Mitsubishi Corp.)

KEIICHI FURUKAWA, KENTO HIRASHIMA and YUI SATO

TOKYO — Mitsubishi Corp. has moved the goalpost for one of its climate goals as energy supply instability pushes Japan’s biggest trading house to expand investment in natural gas and other sources beyond the Middle East.

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