Eneos is developing plans to deploy CCS
Japan’s oil sector steps up interest in CCS
Companies urge government to finalise carbon-capture roadmap and legal frameworks
Some of Japan’s biggest oil and gas companies are ramping up interest in carbon capture and storage (CCS), but efforts have been held back to an extent by the government’s slow progress in establishing the legal rights that would underpin commercialisation. Last October, Japan unveiled a target to reach net-zero emissions by 2050. But the world’s sixth-largest carbon polluter does not expect to launch its first CCS project until the end of the decade, according to an outline of a long-term roadmap for commercialising CCS technologies released recently by the Ministry of Economy, Trade and Industry (Meti). The ministry is scheduled to issue an interim summary of the roadmap shortly, with fina
Also in this section
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
10 December 2024
Tightened standards have helped improve the outlook for the voluntary carbon market, which is set for a record year and poised for long-term growth
