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The bill to amend the Energy Conservation Act has been approved by the Cabinet (March 1, 2022). It is expected to be passed during the current ordinary session of the Diet and come into effect on April 1, 2023. This amendment will require companies with high energy consumption to set targets for the use of non-fossil energy. While certain businesses were already required to calculate and report their greenhouse gas emissions to the government, this amendment will go further, requiring them to formulate and implement reduction targets. […]