Japan’s greenhouse gas emissions drop to record low
![Japan's greenhouse gas emissions drop to record low](https://sustainabilityeconomicsnews.com/wp-content/uploads/2024/04/26538930.webp)
Government data revealed that Japan experienced a 2.5% decline in greenhouse gas emissions, reaching a historic low during the fiscal year ending in March 2023. This reduction was attributed to decreased emissions within the industrial and service sectors.
According to data from the Environment Ministry, emissions for the 2022/23 period decreased to 1.135 billion metric tons of carbon dioxide from 1.164 billion tons recorded the previous year.
Also read: Japan and US partner to reduce floating offshore wind costs
This latest figure represents the lowest level since data collection began in 1990/91 and follows a trend of rising emissions in 2021/22, which marked the first increase in eight years.
According to the ministry, emissions in the industrial sector decreased by 5.3% and in the commercial and services sector by 4.2%. However, the transportation sector saw a 3.9% increase, attributed to heightened passenger traffic as socioeconomic activities recovered from the pandemic.
Also read: Ingka explores offshore wind investments in South Korea and Japan
Japan, the world’s fifth-largest emitter, targets a 46% reduction in emissions from 2013 levels by 2030. If successful, 2030 emissions are projected to reach 0.76 billion tons.
Following the 2011 Fukushima nuclear disaster, Japan experienced a surge in emissions due to reactor shutdowns, leading to increased reliance on fossil fuels. Emissions peaked at 1.4 billion tons in 2013/14 but have declined.
This decline has been aided by the expanded use of renewable energy and the gradual restart of reactors.
In the fiscal year 2022/23, renewable energy contributed 21.7% of the total electricity generation of 1.01 trillion kilowatt-hours, marking a 1.4 percentage point increase from the previous year.
![](https://sustainabilityeconomicsnews.com/wp-content/uploads/2024/07/30341f8d-32ff-4c5a-ad4e-dcdb01497bd9-150x150.jpg)
EIB Global supports €271 million Egyptian climate and...
-
During the EU-Egypt Investment Conferenc...
- 02/07/2024
![](https://sustainabilityeconomicsnews.com/wp-content/uploads/2024/07/Asset-Management-150x150.png)
Eco-gamers launch online video game to target asset...
-
A team of eco-gamers known as Serious Pe...
- 01/07/2024
![](https://sustainabilityeconomicsnews.com/wp-content/uploads/2024/06/Depositphotos_73537517_S-150x150.jpg)
EU regulators push for revisions in landmark ESG...
-
Regulators overseeing the markets, banki...
- 19/06/2024
Related News
Iberdrola, a Spanish renewables company, announced that it has acquired the “80% it did not control of Balantia”. Iberdrola had initially entered the firm’s capital […]
Japan’s largest steelmaker, Nippon Steel and trading house, Sumitomo Corp, announced that they have renewed a long-term contract with Norway’s Equinor to supply seamless steel pipes […]
Cepsa announced that it has entered a strategic partnership with PreZero Spain to advance objectives related to decarbonization. According to the agreement, PreZero Spain will […]
In a new critique of the voluntary carbon market, over 80 non-governmental organizations have urged corporations to exclude carbon offsets from their transition plans, arguing […]
Luxcara, an independent German asset manager for clean energy infrastructure projects, announced that it has signed a “preferred turbine supplier”. The asset manager has signed […]
Genex Power announced that it has secured a five-year $107 million senior debt facility for its 50MW Kidston and Jemalong solar projects in Australia. The […]