NEW YORK—Japan is the most energy-efficient country in the world, using nearly half the energy consumption per GDP of the United States and nearly one-eighth less than India and China, said Shuhei Abe, portfolio manager of the Select SPARX Japan Funds.
As the world turns to energy alternatives to oil, “entire social infrastructures will have to change, and arbitrage of our technology over the next five to 10 years will turn Japan into the gateway to Asia,” Abe said.
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