Toshiba Will Quit Coal Only After Building More Plants

11 November 2020

Assoc. Prof Llewelyn Hughes was interviewed by Bloomberg for its story about the Japanese firm’s decision to follow GE, Samsung C&T in exiting the sector.

Prof Hughes said Toshiba “needs to change strategy to take advantage of growth sectors”, and was “able to make this shift because it is a diversified company, so exiting coal is not existential for them.”

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