Japan to spend 209 billion yen on next-generation cars and biofuels
Japan's Ministry for Economy, Trade and Industry (METI) will spend ¥209 billion (€1.27/US$1.72 billion) over five years to help companies develop next-generation cars and fuels that would cut carbon dioxide emissions.
In the five years to March 2012, the government will subsidize development of batteries and hydrogen fuel cells for vehicles, gas-to-liquid (GTL) technology for producing synthetic diesel from natural gas, and next-generation biofuels. The goal is to meet cuts in greenhouse gas emissions, to improve energy security and to lead the development of efficient and green mobility technologies that can be exported world wide.
Japan, a signatory to the Kyoto protocol, has lagged behind its target under the treaty, emitting more greenhouse gases compared with 1990. The government is relying on new technologies to meet its aim of cutting emissions 6 percent from the 1990 level by 2012 in the world's second-biggest economy. Prime Minister Shinzo Abe recently added a long term target to cut emissions in half by 2050.
bioenergy :: biofuels :: energy :: sustainability :: ethanol :: biodiesel :: cellulose :: biomass :: batteries :: GTL :: hybrids :: hydrogen :: fuel cells :: Japan ::
Exporting green technologies worldwide
Takashi Shimada added that Japan can develop these technologies and export them worldwide to help halve carbon dioxide emissions on the planet.
The ministry, together with the Petroleum Association of Japan and the automaker's association, will form a study group in July to discuss measures to cut costs.
Japan emitted 8.1 percent more greenhouse gases in the year ended March 31, 2006, than in 1990, according to the environment ministry, led by a 37 percent surge from households and a 42 percent jump from commercial users like office-building owners.
In the five years to March 2012, the government will subsidize development of batteries and hydrogen fuel cells for vehicles, gas-to-liquid (GTL) technology for producing synthetic diesel from natural gas, and next-generation biofuels. The goal is to meet cuts in greenhouse gas emissions, to improve energy security and to lead the development of efficient and green mobility technologies that can be exported world wide.
Japan, a signatory to the Kyoto protocol, has lagged behind its target under the treaty, emitting more greenhouse gases compared with 1990. The government is relying on new technologies to meet its aim of cutting emissions 6 percent from the 1990 level by 2012 in the world's second-biggest economy. Prime Minister Shinzo Abe recently added a long term target to cut emissions in half by 2050.
"Currently Japan relies almost completely on oil products the meet the fuel needs of its transport sector, and we need to curb it. Consumers bear additional costs for environmentally friendly products, but our aim is to not burden them for choosing ecologically-friendly products." - Satoshi Kusakabe, director of METI's auto divisionThe subsidy plan includes the following targets:
- To bring down costs of hydrogen fuel-cell cars (currently more than 20 times the price of a gasoline-driven vehicle) to those of cars powered by ICE's. ¥32 billion per year has been allocated for at least the next five years to achieve this goal.
- ¥24.5 billion will be invested in the development of batteries
- ¥24 billion for gas-to-liquid technology in the five years ending March 2012
- To promote the use of biofuels and to cut prices for cellulosic biofuels to about ¥20 per liter. Such second-generation biofuels currently cost around ¥150 per liter (€0.91 per liter/US$4.66 per gallon).
bioenergy :: biofuels :: energy :: sustainability :: ethanol :: biodiesel :: cellulose :: biomass :: batteries :: GTL :: hybrids :: hydrogen :: fuel cells :: Japan ::
Exporting green technologies worldwide
Takashi Shimada added that Japan can develop these technologies and export them worldwide to help halve carbon dioxide emissions on the planet.
The ministry, together with the Petroleum Association of Japan and the automaker's association, will form a study group in July to discuss measures to cut costs.
Japan emitted 8.1 percent more greenhouse gases in the year ended March 31, 2006, than in 1990, according to the environment ministry, led by a 37 percent surge from households and a 42 percent jump from commercial users like office-building owners.
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