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SCIENCE > Environment

17 trillion yen investment in decarbonization needed by 2030, METI estimate

  • April 23, 2022
  • , Yomiuri , p. 10
  • JMH Translation

Ministry of Economy, Trade and Industry (METI) estimate of key investments

in decarbonization needed by 2030 (Estimated total: 17 trillion yen)

Conversion of power sources and fuel: 5 trillion yen

 

Facilities for renewable energies

2.0 trillion

Factories to manufacture batteries

0.6 trillion

Development of supply chains for hydrogen and ammonia

0.3 trillion

Manufacturing processes: 2 trillion yen

 

Introduction of next-generation manufacturing facilities and energy-saving technologies

1.4 trillion

Housing and automobiles: 4 trillion yen

 

Introduction of energy-efficient housing and buildings

1.8 trillion

Introduction of electric cars

1.8 trillion

Infrastructure: 4 trillion yen

 

Development of semiconductor factories

3.5 trillion

Reinforcement of power grid

0.5 trillion

Installation of hydrogen stations

0.2 trillion

Research and development: 2 trillion yen

 

Carbon dioxide capture and storage, next-generation aviation fuel, etc.

0.5 trillion

(Abridged)

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