Natural Resources & Energy Newsletter

Recent Regulatory Developments for Utilization of Hydrogen Energy in Japan

Natural Resources & Energy Newsletter

In his 26 October 2020 policy speech, Prime Minister Yoshihide Suga announced that Japanese society would have to aim for “carbon neutrality” and “substantially zero CO2 emissions” by 2050, and thereafter domestic discussions regarding promoting the use of hydrogen energy gained intensity. For example, in the “Green Growth Strategy Aiming for Carbon Neutral by 2050” as formulated by the Ministry of Economy, Trade and Industry (“METI”) on 25 December 2020, it is noted that “Hydrogen is a key carbon neutral technology expected to be utilized in a wide range of fields such as power generation, transportation and industry.” In addition to the targets of “aiming for a maximum of 3 million tons of hydrogen to be introduced by 2030” and…To read the full article, please see the PDF file

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