Browse By

Tag Archives: Australia

Economic and Environmental Risks in Abe’s Energy Investments in Russia

In 2019, Japan’s involvement in the Russian energy sector increased significantly, most notably with the purchase by a Japanese consortium of a 10% stake in Russia’s Arctic LNG-2 project. The Abe administration evidently hopes that these new investments will bring benefits, both in terms of energy economics, and as a means of furthering Prime Minister Shinzo Abe’s ambition to settle Japan’s territorial dispute with Russia. In both respects, the Japanese leadership risks disappointment.

Japan-Backed Power Plant in Indonesia Caught Avoiding Taxes and Violating Rights

The Indonesian coal mining conglomerate Adaro Energy, which is allied with the Japanese companies J-Power, Itochu, as well as a number of public and private Japanese banks, has been avoiding local taxes for more than a decade, depriving the Indonesian government of about US$125 million in income from 2009 to 2017, and has even been accused of provoking human rights abuses in the country.