Japan to invest 15 tril. yen in hydrogen supply for decarbonization


The Japanese government on Tuesday decided on a plan to generate 15 trillion yen ($107 billion) of investment in the supply of hydrogen over the next 15 years from the public and private sectors in a push to increase its use and speed up decarbonization.

Under the revised Basic Hydrogen Strategy, approved at a meeting between relevant ministers, the country also plans to increase its hydrogen supply sixfold from the current level of 2 million tons to around 12 million tons by 2040.

Since hydrogen does not emit carbon dioxide or other greenhouse gases when combusted, the utility sector can sign...

Kyodo News

Kyodo News