Corporate heavyweights back Japan’s CCS push
Inpex and Mitsubishi Heavy Industries among participants in seven large-scale projects as government sets ambitious expansion targets
Japan is turning to some of its biggest energy and industrial companies to spearhead development of nascent CCS technologies that Tokyo hopes will help the world’s fifth-largest carbon emitter reach net zero by 2050. Tokyo believes CCS could play a significant role in decarbonising Japan—particularly in the power and industry sectors, which generated 646mt of CO₂, or 62.5% of total emissions, in 2021, according to the National Institute for Environmental Studies. Japan’s Long-Term CCS Roadmap, released this summer, calls for developing enough CCS capacity to store up to 6–12mt/yr of CO₂ by 2030 and as much as 120–240mt/yr by 2050. The near-term target for the end of this decade is ambitious
Also in this section
14 January 2025
Bioenergy will be a key part of the energy transition as the world decarbonises, and Brazil is set to be a major player in the sector
14 January 2025
The region has ample resources of both gas and renewable energy and developing both will be vital to the global effort to reduce emissions
13 January 2025
The region’s fast-growing economies stand at a pivotal juncture, with the opportunity to drive a sustainable growth strategy that will keep the world’s net-zero ambitions alive
10 January 2025
Global energy demand keeps rising, and digital technology will play a crucial role in both meeting that demand and doing so in a sustainable way