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Keidanren chief wants national debate on decarbonization

  • June 16, 2022
  • , Jiji Press , 9:06 p.m.
  • English Press

Tokyo, June 16 (Jiji Press)–Masakazu Tokura, chairman of the Japan Business Federation, or Keidanren, on Thursday underlined the need to have national discussions on ways to share the costs to achieve a carbon-free society.


Decarbonization efforts are “highly likely to generate additional public burdens, such as higher electricity costs,” Tokura said in a speech at a meeting organized by the Research Institute of Japan, a Jiji Press affiliate.


Such sectors as steel, auto and chemical that have nearly half of the 5.3 million manufacturing jobs are set to be forced to undergo structural reforms to realize a carbon-free society.


“The impact on workers from the structural reforms will be huge,” he said, calling on them to face what he said is an inconvenient truth.


Tokura said that “new businesses that will play a major role in decarbonization efforts will emerge, creating new employment opportunities.”


In April, Keidanren called for promoting the use of renewable energy sources and nuclear power to realize a carbon-free society.


The Keidanren chief said, “Energy security has become important due to Russia’s invasion of Ukraine.”


“It’s necessary for now to increase the proportion of energy sources purely produced in the country by accelerating efforts to restart nuclear power plants and increase the use of renewable energy sources,” he said.

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