In May, the Group of Seven (G7) agreed to step up efforts to advance commercial scale hydrogen from low carbon and renewable sources across its economies, including support for fuel cell deployment globally. Following this news, and in the run up to the G7 Leaders’ Summit this weekend (Friday June 11 – Sunday June 13) in Cornwall, UK, H2 View is bringing you a series of thought leadership articles written by the hydrogen associations in the G7 countries. Next up is Japan.
In October 2020, Japanese Prime Minister Yoshihide Suga announced in his statement of belief that he would aim for carbon neutrality by 2050. After that, in December, the government announced the Green Growth Strategy Towards Carbon Neutrality by 2050. It includes five cross sectoral policy tools and action plans for 14 sectors. The hydrogen industry is one of these 14 sectors, and its target number is maximum demand 300MT, $3/kg in FY2030, 2,000MT in FY2050.
And more, in April 2021, at the virtual Leaders’ Summit on Climate hosted by the US, Prime Minister Suga expressed a very high and ambitious goal of reducing greenhouse gas emissions in Japan by 46% in fiscal year 2030 from its fiscal year 2013 levels. The US and other countries who participated in this summit, also announced high target about reduction of greenhouse gas emissions. In this way, not only Japan but also most of countries around the world are rapidly accelerating their movement toward decarbonisation.
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