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<P>Mitsubishi Corporation is trying to build a dirty new
coal plant in a Vietnamese community that’s<STRONG>
still recovering from industrial
disaster.</STRONG><BR><BR>Mitsubishi’s partners have
walked out. <STRONG>Tell Mitsubishi to abandon this
dirty new coal plant now.</STRONG></P><A
href="https://act.sumofus.org/go/516544?t=8&akid=70255%2E15424008%2EiBVk5O"><IMG
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<P>In Ha Tinh province, Vietnam, fishermen have already fought
off one company which poisoned their coastline. Now they're fighting
back against another: Mitsubishi Corporation.<BR><BR><STRONG>Japan’s
largest trading company is making a last ditch effort to secure
finance for a big, dirty new coal plant</STRONG> <STRONG>called
Vung Ang 2.</STRONG></P>
<P>The site Mitsubishi has chosen is very same location as the
infamous Formosa Steel Plant disaster in 2016, which wiped out the
local fishing industry and poisoned 200km of pristine coastline with
cyanide. </P>
<P>The local community has taken on powerful companies like
Mitsubishi before and right now the company is keenly away of the
controversy this project is causing. The future of the project hangs
on negotiations over the next two
months. <BR><BR><STRONG>I</STRONG><STRONG>f we create enough
outcry, we can force Mitsubishi to scrap this dirty coal plant for
good.</STRONG></P>
<P><A style="COLOR: #00abbd; FONT-WEIGHT: bold"
href="https://act.sumofus.org/go/516544?t=1&akid=70255%2E15424008%2EiBVk5O">Tell
Mitsubishi: don’t fuel ecological disaster. Abandon Vung Ang 2 now.
</A><BR><BR>We know we can because we've done it before. Last year
almost 20,000 SumOfUs members helped push British bank Standard
Chartered to adopt a new policy that <STRONG>forced the bank to
withdraw from the Vung Ang 2 plant.</STRONG></P>
<P>Now three more companies which were originally backing the
project have joined Standard Chartered and pulled out.</P>
<P>Which leaves Mitsubishi isolated and with<STRONG> only months
left to secure a loan</STRONG> or it could be forced to abandon the
project too.</P>
<P>We know that to avoid catastrophic climate change all countries
must have phased out coal fired power by 2040. But economics don’t
stack up either: <STRONG>by 2021 it will already be cheaper in
Vietnam to invest in solar and wind than coa</STRONG>l -- and with
significantly less danger posed to community health and the
climate.</P>
<P><A style="COLOR: #00abbd; FONT-WEIGHT: bold"
href="https://act.sumofus.org/go/516544?t=2&akid=70255%2E15424008%2EiBVk5O">Add
your voice. Call on Mitsubishi to walk away from the Vung Ang 2
project now.</A></P><IMG alt=""
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href="https://act.sumofus.org/go/516544?t=10&akid=70255%2E15424008%2EiBVk5O"> Sign
the petition </A></P>
<P>Thanks for all that you do, <BR>Nick and the team at
SumOfUs</P><BR>
<P><EM><SPAN style="TEXT-DECORATION: underline">More
information:</SPAN></EM></P>
<P><A
href="https://act.sumofus.org/go/516545?t=14&akid=70255%2E15424008%2EiBVk5O">Anger
burns on Vietnam's poisoned coast a year after spill</A> Reuters,
April 4 2017<BR><A
href="https://act.sumofus.org/go/516546?t=15&akid=70255%2E15424008%2EiBVk5O">Vietnamese
provinces say “no” to coal plants–government and industry still want
more</A> Mekong Eye, March 7 2019<BR><A
href="https://act.sumofus.org/go/516547?t=16&akid=70255%2E15424008%2EiBVk5O">Factsheet:
Vung Ang 2</A>, Market Forces, updated February 2020</P></TD></TR>
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<DIV align=left><FONT size=2 face=Arial></FONT> </DIV>
<DIV
style="FONT: 10pt arial; BACKGROUND: #e4e4e4; font-color: black"
align=left><B>From:</B> <A title=us@sumofus.org
href="mailto:us@sumofus.org">Nick Haines, SumOfUs</A> </DIV>
<DIV style="FONT: 10pt arial" align=left><B>Sent:</B> Friday,
February 28, 2020 6:07 PM</DIV>
<DIV style="FONT: 10pt arial" align=left><B>Subject:</B>
Mitsubishi</DIV>
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