Japan
Japanese Banks Pour Billions Into Fossil Fuel Industry
Analysts warn that the continued fossil fuel support from the Japanese financial industry, showcased by the actions of various banks, insurance companies, asset owners and asset managers, is enabled by loose policies or loopholes. Fixing them is critical for addressing the climate crisis.
The Environmental and Climate Impacts of False Solutions on Japan
Japan is the leading proponent of the mass adoption of ammonia co-firing and CCS technologies for power generation domestically and across Asia. However, scientists warn that such steps will not only fail to reduce emissions but could also result in adverse impacts, including air pollution, water contamination and ecosystem degradation.
False Solutions to Climate Change Promoted in Southeast Asia Pose Various Risks
Instead of helping Southeast Asia wean itself off fossil fuels, ammonia-hydrogen co-firing solutions and CCS risk perpetuating their use and locking climate-vulnerable countries into a future of high emissions, air pollution and ecosystem disruption.
LNG Demand Decline in Japan To Cause Oversupply Through 2030
Considering the economic, environmental and energy security arguments, investing in new LNG capacity to accommodate the oversupply of Japan’s utilities instead of clean energy is a short-sighted, strategic misstep for developing Asia.
The Impact on Japan as President Biden Halts LNG Exports From New Plants
While President Biden’s decision doesn’t threaten energy security and short-term deliveries, it is yet another nail in the coffin of the theory that natural gas is the reliable “bridge fuel” the world needs.
Clean Coal vs Renewables: Economic Costs and Gains For Southeast Asia
Despite the subsidies and industry support, Japan’s proposed technologies are struggling to prove promising even at home. Yet, it aims to export them to countries with much more fragile economies and significant challenges. Crunching the numbers reveals that Southeast Asia has a lot to gain if its pursues renewables instead.
Why Does Japan Rely on Fossil Fuels?
Japan is often overlooked in the conversation about the biggest climate offenders. However, in their current form, Japan’s plans for “clean coal” and hydrogen pose a major risk, extending the life of fossil fuels.
The Problem With Japan’s Carbon Neutrality Targets and Climate Strategy
Japan is a hotspot for technology advancements, research and development. Few can rival its ability to create and scale new technologies and bring them to the market. Yet, the leadership has been questionable at best regarding climate progress and energy policy ambition.
Wind Energy in Japan: Prospects, Benefits and Future
While Japan’s government increasingly considers wind energy a viable option, the progress is still sluggish. Accelerating it requires addressing various administrative burdens and introducing more ambitious policies.
Taxation in Japan Jeopardises its Solar Sector
Japan has been grappling with how to decrease its disproportionate carbon emissions relative to its population of only 123 million people. Part of that solution includes developing solar power. However, there's a growing movement in more than 200 Japanese municipalities to levy prohibitive taxes on new solar power projects.
ASEAN Countries Need to Prioritise Renewable Energy Not Ammonia, Hydrogen and CCS
While Japan argues that its GX strategy can help countries accelerate their energy transition and ensure a reliable power supply, experts accuse the government of trying to export its fossil fuel lobby's interests. Southeast Asian countries shouldn’t be the ones paying the price.
Japan’s Energy Policy Is Turning It Into the World’s Climate Villain
Japan is quickly becoming the odd one at the table of the G7 regarding climate policies. Scientists, analysts and environmental and societal groups see it as the culprit of climate change inaction. It is time for Japanese governmental and corporate leadership to change that perception.
G7 Ministers’ Meeting 2023: What Is the Desired Outcome?
The G7 Climate and Energy Ministerial Meeting is shaping up to be a roadshow for Japan's questionable technologies. If the world is to stand a chance in limiting climate change to 1.5°C, the G7 reject the proposals, speed up coal phase-out and limit gas investments.
Japan-Vietnam Energy Relations: Opportunities and Risks
Vietnam needs a partner that will prioritise its decarbonisation and access to affordable and ready-to-be deployed solutions to make the most of its clean energy potential. It doesn't need to be pushed towards distracting technologies with questionable decarbonisation credentials. The approach that Japan will take in its cooperation remains to be seen.
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