These days, natural disasters believed to be attributable to global warming are having extremely serious effects on living environments. These effects can no longer be dismissed in corporate activities; indeed, many investors now carefully scrutinize companies’ efforts to deal with global warming. The environment surrounding companies is undergoing a dramatic change.
In April 2019, Japan enacted the “Act of Promoting Utilization of Sea Areas in Development of Power Generation Facilities Using Maritime Renewable Energy Resources.” For Japan, a nation surrounded by the sea, generating power through offshore wind power on those seas has potential that exceeds the nation’s total electric power demand. This fact is driving the rapid spread of offshore wind power as a means of tackling the global warming problem.