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Japan’s government accepted a revision to the country’s Basic Hydrogen Strategy to use more hydrogen as fuel, which acts as a part of efforts to reduce carbon emissions.
The Japanese government on June 6 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.
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.
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Japan plans to invest 15 trillion yen ($107.5 billion) over the next 15 years to supply the country with hydrogen, the government said on Tuesday, as it accelerates efforts to use the gas to shift to a low carbon economy.
TOKYO: Japan plans to invest 15 trillion yen ($107.5 billion) over the next 15 years to supply the country with...