The competitive trend of developing technology to reduce emissions in the world

To realize the goal of a coal-free society, Japan, the US, Europe and China alone will require an investment of up to 8.5 trillion yen in the period 2021-2050.

The solar power market has many attractive factors for investors. Photo: VNA According to the Japan Economic Times, the revised law to promote countermeasures to prevent global warming was approved by the Japanese National Assembly on May 26. The content that attracted attention was that the goal of carbon neutrality before 2050 was first recorded in a Japanese law. To realize the goal of a coal-free society, Japan, the US, Europe and China alone will require an investment of up to 8.5 trillion yen in the period 2021-2050. The world will enter fierce competition in the field of technology that can change the world economic map. Japan’s Law on Promoting Countermeasures to Prevent Warming is expected to come into effect in April 2022, which clearly states the provision stipulating the basic perception of the government’s goals related to the implementation ” carbon neutral” to ensure a balance between greenhouse gas emissions and the amount of gas absorbed by vegetation. The regulation in the law shows the commitment of the Japanese Government to inherit the policy even when the government has a transfer, and is the basis for promoting business investment in the long run. Around the goal of carbon neutrality, the European-American countries have expressed their intention to achieve this goal before 2050. Countries around the world are also urgently using the public-private partnership mechanism to develop the carbon neutrality. new techniques to achieve the goal of a zero-emission society. Japan is currently at the forefront of the world in the development of next-generation battery technology and is realizing hydrogen-related techniques. The development of CO2 landfilling techniques is also being evaluated in Japan. The battery needed to develop electric cars is considered as one of the indispensable techniques to realize a zero-emissions society. However, in the field of lithium-ion battery production, Japan has not shown an advantage over Chinese manufacturers such as Contemporary Amperex Technology (CATL) and South Korean chemical company LG. Perhaps Japan can only create an advantage in this area by developing a new generation of solid batteries that can extend the travel distance on a single charge that companies like Toyota and Panasonic are at the forefront of this trend. this direction. Renewable energy production devices are also said to be the key to building a zero-emission society. During the 2000s, the Sharp and Sanyo Electric companies swept the world market for solar panel development and manufacturing. However, to date, about 80% of the world’s shipments are made in China. Japanese businesses have lost in the bidding war. Expectations are being held for solar panels using materials with a special crystalline structure (Perovskite) researched and developed by Toshiba and Ricoh. The technique of using hydrogen is expected to bring about a breakthrough in achieving the goal of carbon neutrality in the iron and steel manufacturing sector, which uses a large amount of energy source and is currently the three major Japanese steel corporations as well. is collaborating on research into hydrogen-using steelmaking technology. A test furnace has been set up at Nippon Steel’s factory (Kimitsu City, Chiba Prefecture) with the goal of realizing the technique before 2030. According to calculations by chemists, hydrogen is used instead of coke, combined with the use of carbon dioxide (CO2) separation and recovery techniques, can reduce CO2 emissions into the environment by 30%. According to Astamuse, a company that analyzes patent application trends, Japan can maintain its number one position in the world in terms of patents related to hydrogen engineering. In the context that countries around the world are increasing the speed of technical development, the issue of concern is how Japan will promote public-private partnership to bring hydrogen technology to applications in industries. industry of this country. For a country as highly dependent on fossil fuels as Japan, the turning point is CCS – capturing and burying CO2 underground. Currently in the world, the US is the leading country in research, development and realization of this technology. Some companies in Japan such as J-Power and Toshiba are also promoting the development of techniques to capture and landfill CO2 generated from thermal power plants. Car manufacturers in Japan have pioneered the world in the development and popularization of the hybrid vehicle (HV) model that combines an electric motor with a gasoline engine and has made a great contribution to cutting reduce greenhouse gas emissions. Hybrid cars are widely used in Japan, but in European and American countries, the trend of using electric vehicles (EVs) is more prevalent. If they can take advantage of the electrification technique used in HV cars, Japanese enterprises are fully capable of dominating the EV development competition in the world.