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ASEAN and Japan, U.S., Australia agree to cooperate on carbon storage

  • November 21, 2020
  • , Nikkei
  • JMH Summary

Saturday’s Nikkei reported that the energy ministers of 18 nations participating in the East Asia Summit, including Japan, the U.S., Australia and ASEAN members, met online on Friday and released a joint statement confirming their close cooperation on carbon capture, utilization, and storage (CCUS) toward the realization of a decarbonized society. Economic Minister Kajiyama, who represented Japan at the meeting, reportedly stressed that securing low cost, stable energy is a shared goal and proposed that Japan and ASEAN members cooperate on CCUS. He reportedly added: “Some nations have no choice but to select fossil fuels for the time being. Storage and carbon recycling will be the key to decarbonization.”

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