The Econmist - USA (2021-10-30)

(Antfer) #1

Japan:


Global climate co-operation


Japanisfosteringinnovativetechnologiesandleadinginternational
co-operationtospeedtheworld’sprogresstowardsnetzero.

Themainimageshowsthehydrogensupplychainandtheworld’s firstliquid-hydrogencarriership,theSuisoFrontier
Theinsetimage,bottom right,isCO2-absorbingconcrete,CO2-SUICOM


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DECARBONISATIONMUSTBECOLLABORATIVE

Climatechangeisanimminentthreat to humankind.“Consider


theworldcrisis,whichisclimate,whichalsoinvolvescovid and
vaccines.Allofthemare majorcrises[for]humanity,”warned


DrSyukuroManabe,oneofthree recipientsofthisyear’s Nobel


Prize inPhysics,atarecent press conference.TheJapanese-
bornprofessor’sresearchonclimatechangehasledto amore


systematicunderstandingofclimatemechanicsandhelped


predict theimpactofgreenhousegasesonglobalclimate
change.Despitetheseadvances,muchworkremainsto halt


globalwarming.


“Internationalco-operationispivotal forachievingnet-zero
emissionsby 2050,” theInternationalEnergy Agency(IEA)


reports inits2021roadmapfortheglobalenergy sector. Each


nationfacesitsownuniquesetofcircumstances,soachieving


carbonneutralityto stemclimatechangecannotbedone
by asinglecountry.Collaborativeinnovationto create new


technologieswillacceleratetheworld’s efforts to decarbonise.


Supportingemergingmarketsanddevelopingeconomies,
whichareexperiencinga rapidincreaseinenergydemanddue


to populationandeconomicgrowth, isalsoimportant.Without


adequateinternationalco-operation,theIEAforeseesthat
globalCO2emissionswillnotfallto netzero by 2050.


Asaresponsiblestakeholderintheglobalsystem,Japanis

steppingupandbuildingalliancesbasedaround internationalco-
operationondecarbonisation.TheUS-JapanClimatePartnership,


signedinApril2021,iscommittedto achievingcarbonneutrality.


Thisincludesincreasingco-operationandinnovationin areas
suchasrenewableenergy, hydrogen,andcarboncapture,


utilisationandstorage,alongwithanagreementto aidthe


transitionto netzero indevelopingcountries.TheEU-JapanGreen
Alliance,alsosignedthisyear, hassimilargoals.

JAPANISSHARINGINNOVATIONONTHEROAD
TOGLOBALCARBONNEUTRALITY
Individually, Japan aims to achieve carbon neutrality by 2050,
with a 2030 milestone of a 46% reduction from 2013 levels. A
key to reaching these goals is Japan’s Green Growth Strategy,
which was formulated in 2020. The strategy is intended to
drive technological innovation together with economic growth,
promoting major industrial fi elds such as carbon recycling
and hydrogen. From 2010 to 2019, Japan has fi led over 9,000
renewable energy-related patent applications under the
Patent Cooperation Treaty (PCT), more than any other country,
and the Green Growth Strategy will accelerate its innovation
even further. CO2-absorbing concrete, “CO2-SUICOM”,
developed by Kajima Corporation, is one example of a creative
Japanese innovation. Japan is also ready to work together
with other countries and international organisations to deploy
these innovations worldwide.

Onearea where Japanisleadingtheway isintherealisationof
a“hydrogensociety”—asocietyandeconomypoweredmainlyby

“The creation of a hydrogen economy


can signifi cantly move the needle against


climate change.”


David Crane, director, JERA

Production Transportation Storage Utilisation
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