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Search resuls for: "Yuka Obayashi Katya Golubkova"


4 mentions found


☆ Japan's JERA sees more LNG going to Asia as domestic demand shrinks
  + stars: | 2023-04-30 | by ( Yuka Obayashi Katya Golubkova | Yuka Obayashi | Katya Golubkova | ) www.reuters.com   time to read: +3 min
"Japan may not need LNG for 20 years ... but other Asian countries need to replace coal with something and LNG will play an important role," he said, adding that JERA could supply fuel to those countries likely to need it. "We don't view LNG demand just for Japan, but for Asia as well," he said. Last December, JERA signed a key deal with Oman LNG to buy up to 12 cargoes, or about 800,000 tonnes a year for a decade, beginning from 2025. Asian spot LNG prices held at 22-month lows in April as demand stayed weak in the key north Asian markets of China, Japan and South Korea. Apart from its integrated gas-to-power business, which covers fossil fuel procurement through power generation, JERA is expanding use of renewable power to decarbonise.
☆ Canada ready to become critical minerals provider -minister
  + stars: | 2023-04-14 | by ( Yuka Obayashi Katya Golubkova | Yuka Obayashi | Katya Golubkova | ) www.reuters.com   time to read: +2 min
SAPPORO, Japan, April 14 (Reuters) - Canada is ready to become a reliable provider of critical minerals to its international allies including Japan, a senior official said, as the Group of Seven (G7) countries deem such minerals essential for climate goals and energy security. Canada has signed a joint action plan with the United States to advance secure supply chains for critical minerals. It has similar critical minerals cooperation agreements with Japan and the European Union. China dominates the market for critical minerals used to make electric vehicle batteries, central to developed nation goals to decarbonise, and Russia - which invaded Ukraine last year - is also a major player. "We have a lot of those critical minerals, we have almost all of them in Canada with a few exceptions.
☆ Explainer: Japan's carbon pricing scheme being launched in April
  + stars: | 2023-03-31 | by ( Yuka Obayashi Katya Golubkova | Yuka Obayashi | Katya Golubkova | ) www.reuters.com   time to read: +5 min
TOKYO, March 31 (Reuters) - Japan, the world's fifth-biggest carbon dioxide (CO2) emitter, will begin a carbon pricing scheme in stages from April to encourage companies to curb emissions and achieve its goal of carbon neutrality by 2050. The country is the latest among Asian nations to formulate plans to create a carbon pricing mechanism and emissions trading system. The scheme, based on METI proposals and approved by the cabinet this year, consists of emissions trading and a carbon levy. The carbon levy will be introduced from around 2028/29 on fossil fuel importers such as refiners, trading houses and electricity utilities. The introduction of emissions trading and carbon surcharges mark "a significant shift in Japan's climate change policy", said Tohru Shimizu, senior researcher at the Japan's Institute of Energy Economics.
☆ Japan pledges financial support to help ASEAN's decarbonisation
  + stars: | 2023-03-04 | by ( Yuka Obayashi Katya Golubkova | Yuka Obayashi | Katya Golubkova | ) www.reuters.com   time to read: +1 min
TOKYO, March 4 (Reuters) - Japan's government pledged financial and technological support to help ASEAN countries accelerate their efforts to decarbonise their economies and combat global climate change, its industry minister said on Saturday. Energy-poor Japan aims to turn into the world's leading hydrogen economy to reduce dependence on traditional polluting fossil fuels such as coal and oil. "Japan will take a lead in providing generous support in finance, technology and personal resources to help Asia's decarbonisation," Industry Minister Yasutoshi Nishimura told a ministerial meeting of the Asia Zero Emission Community (AZEC). The AZEC was proposed by Japanese Prime Minister Fumio Kishida last year with the aim of sharing the philosophy of promoting decarbonisation in Asian nations and cooperating to push forward energy transition. Reporting by Yuka Obayashi and Katya Golubkova; Editing by Himani SarkarOur Standards: The Thomson Reuters Trust Principles.
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