Japan To Cut LNG, Coal In Power Sector As It Bets On Renewables

Japan To Cut LNG, Coal In Power Sector As It Bets On Renewables

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The world's largest importer of liquefied natural gas (LNG) and one of the biggest importers of coal, Japan, aims to significantly raise the share of renewable power in its electricity sector and reduce its reliance on fossil fuels, according to a draft energy policy plan through 2030. Japan, like many other developed nations, aims to achieve net-zero emissions by 2050, or as Japan's Ministry of Economy, Trade, and Industry (METI) said last month "a carbon neutral society by 2050." Under the draft new policy, Japan will target to have renewable…

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