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Japan targets carbon neutrality by 2050

  • Market: Coal, Electricity, Emissions, Natural gas, Oil products
  • 26/10/20

Japan has set a target to achieve net zero greenhouse gas (GHG) emissions by 2050, bringing forward its timeline and committing to a specific date for the first time.

The country's new prime minister Yoshihide Suga pledged to achieve a decarbonised society by 2050. Tokyo previously set a goal to become carbon neutral at the earliest possible date in the second half of this century, after reducing GHG emissions by 26pc against 2013-14 levels by 2030, and 80pc by 2050.

Today's announcement comes after China last month set a 2060 date to achieve carbon neutrality and means the region's two biggest economies — and the second- and third-biggest national economies in the world behind the US — have now set out specific timelines to achieve net zero emissions.

Suga, who took over from his long-serving predecessor Shinzo Abe in September, made the commitment in his first general policy speech to an extraordinary session of Japan's parliament, the diet, which runs from 26 October to 5 December.

The government plans to meet the tougher 2050 target by reforming policies related to the coal-fired power sector, as well as by promoting the restart of nuclear reactors while keeping safety as its first priority, Suga said. Tokyo will also back green innovation through digitalisation, as well as by further developing technologies for next-generation batteries for solar power and carbon recycling.

Japan will increase the ratio of renewable energy sources by as much as it can, Suga said.

Today's declaration is likely to affect a review of Japan's long-term energy policy. Discussions began this month on the review, which could be completed next year. The energy policy review is generally carried out every three years.

Japan in 2015 set a 2030 target to generate 20-22pc of its power from nuclear, 22-24pc from renewable sources and 56pc from thermal fuels. The most recent policy review in 2018 added a 2050 goal to make renewables the main power source, while maintaining the 2030 power mix target.


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15/05/25

Austrian PV additions fall 100MW on year in 1Q

Austrian PV additions fall 100MW on year in 1Q

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UK establishes public energy company


15/05/25
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15/05/25

UK establishes public energy company

London, 15 May (Argus) — The UK parliament has passed a bill establishing a publicly owned energy company, Great British Energy (GBE), to support the nation's renewable energy ambitions. The company, funded with £8.3bn ($11.02bn) over the current parliamentary term, aims to accelerate renewable energy projects, enhance energy security, and support job creation, the department for energy security and net zero (Desnz) announced on Thursday. GBE will invest in clean energy initiatives, including technologies such as floating offshore wind, and collaborate with private companies to expand renewable energy capacity. The government states the company will help stabilise energy costs by reducing reliance on fossil fuels. The bill includes £200mn for renewable energy projects, such as rooftop solar for schools, hospitals, and communities. It has also committed £300mn to develop the UK's offshore wind supply chain, supporting manufacturing of components such as cables and platforms. The legislation received approval from the devolved governments of Scotland, Wales, and Northern Ireland, enabling GBE to operate across the UK. Desnz secretary of state Ed Miliband is expected to outline GBE's strategic priorities "soon", specifying technology focus areas and investment criteria. The government sees GBE as a key part of its plan to transition to clean energy and stimulate economic growth through a "modern industrial strategy", it said. Industry body Energy UK welcomed the bill's passage. "[GBE] can play a vital role in making the government's clean energy ambitions a reality by attracting extra private sector investment," chief executive Dhara Vyas said. By Timothy Santonastaso Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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Greece’s Alexandroupolis LNG off line until mid-Aug


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15/05/25

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SEFE sells only 900GWh of Rehden gas storage space


15/05/25
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15/05/25

SEFE sells only 900GWh of Rehden gas storage space

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France consults on expanded biofuels mandate


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15/05/25

France consults on expanded biofuels mandate

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