Japan Climate Group Urges More Renewable Energy, Effective Carbon Pricing

Yuka Obayashi
Wednesday, April 12, 2023

Japanese companies and climate groups called on the nation's government on Wednesday to step up the introduction of renewable energy and quickly adopt carbon pricing to tackle global warming.

The Japan Climate Initiative (JCI), an alliance of companies, local governments and NGOs, issued the message ahead of the meeting of climate ministers of the Group of Seven (G7) countries on April 15-16 in Sapporo where Japan will chair the event to discuss efforts to address climate change.

"We urged the Japanese government to overcome climate crisis and energy crisis by accelerating the introduction of renewable energy and early adoption of highly effective carbon pricing," the JCI said in a statement which was endorsed by 303 organizations.

To achieve a goal which was agreed by G7 last year to decarbonize all or most of the power sector by 2035, Japan should take appropriate measures and implement regulatory reforms to boost renewable energy, it said, urging support for the faster development of offshore wind power and mandatory installation of solar power generation in new buildings.

A transition to clean energy is especially important to the Asian nation, as it is critically dependent on imports for a majority of its energy needs, including for oil to LNG.

Japan aims to cut emissions by 46% versus 2013 levels by boosting renewable energy in its electricity mix to 36%-38%, double of 2019's levels. 

But its G7 allies such as Canada, Germany, the UK, and Italy have already reached Japan's 2030 targets, the JCI said.

Japan is introducing a carbon pricing scheme this fiscal year in stages, combining emissions trading and a carbon levy to encourage companies to curb pollution. But the levy will be introduced only from around the 2028/29 fiscal year.

Japan should introduce carbon pricing earlier and more effectively so that the companies' efforts toward decarbonization are properly recognized internationally, JCI said.

Other climate groups have also expressed frustration with the government's slow action on climate.

"Japan's green transformation plan promotes industry rather than decarbonization," Kimiko Hirata, executive director of Climate Integrate, told reporters on Tuesday, noting it does not include plans to increase renewables targets.

"Japan has a strong interest in maintaining its existing energy infrastructure. Companies tied to the industry ministry have a lot to gain from the fossil fuel-based energy system."   

(Reuters - Reporting by Yuka Obayashi; Additional reporting by Kate Abnett; editing by Muralikumar Anantharaman and Jason Neely)

Categories: Energy Renewable Energy Industry News Offshore Wind Activity

Related Stories

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

Sapura Energy Rebrands to Vantris Energy

CNOOC Brings New Offshore Gas Field On Stream

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

China Rolls Out 17MW Floating Wind Turbine Prototype

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

Santos and QatarEnergy Agree Mid-Term LNG Supply

Current News

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

Sapura Energy Rebrands to Vantris Energy

BP, ONGC, Reliance Industries Ink Deal for Offshore Exploration in India

Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

CNOOC Brings New Offshore Gas Field On Stream

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com