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Japan invests in game-changing carbon capture technology. Go green, go

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TLDR:

Japan is doubling down on Carbon Capture and Storage (CCS) technology to achieve decarbonization goals and green transformation. The CCS Business Bill aims to support operators of hydrogen, ammonia, and CCS technologies, with plans to develop an environment for CCS businesses by 2030. Japan has selected seven advanced CCS projects, including domestic and overseas ones. CCS technology is crucial for producing “blue hydrogen” and “blue ammonia” as low-carbon energy. Despite challenges, CCS has global support and is seen as a critical piece of the low-carbon puzzle. Collaboration with other countries and technological breakthroughs are key to achieving carbon neutrality.

Key Points:

  • Japan is focusing on CCS technology for decarbonization and green transformation.
  • The CCS Business Bill aims to support operators of hydrogen, ammonia, and CCS technologies.

On February 13, the Kishida government approved the Hydrogen Society Promotion Bill and CCS Business Bill to financially support operators of hydrogen, ammonia, and CCS technologies. The legislation is aimed at achieving Japan’s decarbonization goals and green transformation as per the Paris Agreement. The CCS Business Bill plans to create a supportive environment for CCS operators by 2030, with measures for monitoring and accountability in place to ensure safe operations.

Japan has selected seven advanced CCS projects, including domestic projects in various regions and overseas projects in Malaysia and Oceania. The technology is crucial for the production of “blue hydrogen” and “blue ammonia,” seen as cleaner alternatives to traditional fossil fuel-derived options. While CCS technology is not without challenges, it is considered a critical component of the low-carbon energy puzzle as countries strive towards carbon neutrality.


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