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December 24, 2024
 

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GAS

The average retail gasoline price is expected to rise by over ¥5 per liter as the government has announced that it will reduce subsidies to oil wholesalers.
BUSINESS / Economy
Dec 19, 2024
Gasoline prices rise as Japanese government cuts subsidies
Until now the industry ministry has subsidized 60% of gasoline costs over ¥168 and under ¥185, but from Thursday the subsidy dropped to 30% for prices in that range.
The entrance of the Sodegaura LNG Terminal, operated by Tokyo Gas, in Sodegaura, Chiba Prefecture
ENVIRONMENT / Energy
Dec 18, 2024
Japan's draft climate strategy spurs calls for bolder cuts in carbon emissions
The government last month presented a draft plan to aim for a 60% cut in greenhouse gas emissions by 2035 from 2013 levels.
Crystal Smith, the elected chief of the Haisla people, stands on the shoreline of the Douglas Channel in Kitamaat, British Columbia, Canada, on Oct. 1.
ENVIRONMENT / Climate change
Dec 15, 2024
Indigenous people in Canada weigh costs of a gas windfall
The promise of billions of dollars of gas investment has renewed a generations-old debate over Indigenous identity and environmental stewardship.
Cables connect to servers at a data center. The rapid global adoption of AI has triggered a boom in demand for the energy-hungry data centers on which the technology depends, putting power grids to the test.
JAPAN
Dec 12, 2024
Fossil fuels initially needed for AI boom, Tepco adviser says
While electricity demand has been trending downward in Japan, experts have suggested that the decline could be reversed as the nation builds more data centers.
A liquefied natural gas plant operated by Sakhalin Energy in Sakhalin, Russia. Japan, the world's second biggest LNG buyer, depends on Russia for 9% of its LNG.
BUSINESS / Companies / ANALYSIS
Dec 12, 2024
Rival supplies and depleting fields give Japan an exit from Russian gas
Japan, the world's second-biggest liquefied natural gas buyer, depends on Russia for 9% of its LNG.
Kansai Electric Power's Takahama nuclear power plant's No.1 reactor (right) in Fukui Prefecture, which surpassed 50 years of operation in November. On the left is the No. 2 reactor.
JAPAN
Dec 9, 2024
Renewables eyed as biggest source of Japan's energy mix in fiscal 2040
The government is also expected to aim for a 20% share for nuclear energy as part of efforts toward decarbonization.
Tokyo Gas' liquefied natural gas terminal in Sodegaura, Chiba Prefecture, last month. The utility is considering several wind power projects in Southeast Asia amid the global decarbonization push.
ENVIRONMENT / Energy
Dec 5, 2024
Tokyo Gas eyes wind power projects in Southeast Asia
The gas utility is expected to make final investment decisions on some of the envisaged projects as early as 2025.
Elliott Investment Management's stake in Tokyo Gas is centered around getting the utility to sell off its real estate holdings, including Shinjuku Park Tower, which houses the Park Hyatt Hotel Tokyo.
BUSINESS / Companies
Nov 28, 2024
Real estate worth ¥25 trillion puts Japan companies in spotlight
The hidden value of property on corporate balance sheets is a theme behind some of the biggest activist campaigns and mergers and acquisitions in Japan.
A thermal power plant in Takasago, Hyogo Prefecture. Policymakers suggest setting a target of cutting emissions by 60% by 2035.
JAPAN
Nov 26, 2024
Japanese panel suggests 60% emissions reduction target for 2035
Japan already has a goal to reduce 2013-level emissions by 46% by 2030.
A man walks past a gasoline station in Tokyo on Thursday.
ENVIRONMENT / Energy / OUR PLANET
Nov 24, 2024
How Japan can exit the fossil fuel subsidies it can’t seem to quit
While offering relief to low-income households, such measures encourage the continued use of the fossil fuels driving climate change.
In developing Asia, where coal dominates and imported liquefied natural gas is expensive, natural gas remains limited in electricity grids.
COMMENTARY / World
Nov 24, 2024
Gas got America off coal. Now, it's coming for Asia's oil.
It can work in concert with carbon-free energy to break the hold of the dirtiest sources of power.
An electrical substation in Tokyo. Japan's total power generation fell to its lowest in more than a decade in the year through March.
JAPAN / Society
Nov 22, 2024
Japan’s power output falls to lowest in more than a decade
The total amount of electricity generated fell 1.6% year on year to 985.4 terawatt hours in the 12 months to March.
Tokyo Gas’ LNG terminal in Sodegaura, Chiba Prefecture
BUSINESS / Companies
Nov 20, 2024
Tokyo Gas shares jump most since 1987 after activist fund discloses major stake
Elliott Investment Management said it now owns more than 5% of Tokyo Gas and may make "important proposals” to the utility provider.
Members of the Indigenous People Association stage a protest to demand action on climate change, holding cutouts of U.S. President Joe Biden and Chinese leader Xi Jinping on the waters of Botafogo Bay, ahead of the Group of 20 summit in Rio de Janeiro on Saturday.
ENVIRONMENT / Climate change
Nov 17, 2024
Biden weighs fossil fuel finance curbs that could outlast Trump
Landing the deal is seen as essential to deliver on a promise Biden made during his first year in the White House.
An oil pump jack in Midland, Texas
ENVIRONMENT / Energy
Nov 14, 2024
Republican sweep opens way to boost oil and gas development
Oil producers, however, may be reluctant to drill new wells with U.S. output already at a record high.
President of Azerbaijan Ilham Aliyev speaks at the Opening Ceremony of the United Nations climate change conference COP29 in Baku, Azerbaijan, on Tuesday.
WORLD / Politics
Nov 13, 2024
COP29 host Azerbaijan hits out at West in defense of using oil and gas
Some observers of the COP29 negotiations said the president of Azerbaijan's remarks did not bode well for a strong result from the two-week summit.
U.S. President Donald Trump signs one of five executive orders related to the oil pipeline industry in the Oval Office of the White House in Washington on Jan. 24, 2017.
BUSINESS / Markets
Nov 7, 2024
From oil to EVs, here’s how Trump’s victory affects energy
The prospect of a Trump-era pullback from some policies promoting emission-free energy has already helped spark a slide in shares of renewable power firms.
Russia's gas pipeline export monopoly Gazprom plunged to a net loss of $7 billion in 2023, its first annual loss since 1999, because of the loss of the EU's gas markets.
BUSINESS
Oct 9, 2024
What happens when Russian gas to Europe via Ukraine stops?
Ukraine will not extend its gas transit agreement with Russia after it expires at the end of December, said Ukrainian Prime Minister Denys Shmyhal.
The government is considering financial support for liquefied natural gas operators to secure storage tanks in Japan and abroad.
ENVIRONMENT / Energy
Sep 12, 2024
Japan considers company support measures for long-term LNG contracts
Possible measures included financial support for securing storage tank and a new program to assist LNG buyers committing to long-term contracts.
The government has decided to continue offering subsidies to curb electricity, gas and gasoline bills until the end of this year.
JAPAN
Aug 28, 2024
Japan to spend additional ¥980 billion to curb energy bills
Prime Minister Fumio Kishida said that his Cabinet plans to approve the additional spending on Sept. 3.
Bankruptcies and suicides rise as Japanese struggle with mounting debt
Lawyers estimate that personal bankruptcies in Japan are on track to reach the highest since 2012 this year.
Japan accuses Google of violating antimonopoly law
The Japanese antitrust watchdog said that Google forced smartphone makers to preinstall its search app on their devices, sources say.
Okinawa people stage rally against sexual assaults by U.S. servicemen
Sorane Sakihama, a 22-year-old college student, speaks at a rally in the city of Okinawa on Sunday protesting against sexual assaults by U.S. soldiers.
Zelenskyy to replace Ukraine ambassador to Japan
Ukrainian Ambassador to Japan Sergiy Korsunsky delivers a speech during a handover ceremony of Self-Defense Force vehicles to Ukraine, at the Defense Ministry in Tokyo, in May last year.
A brief history of ‘osechi ryōri,' Japan's edible tradition for the new year
Japan's traditional New Year cuisine has a long history, though modern developments have led to slight changes in the way things work.
Casual workouts, cool living, ‘complete’ food: Japan’s health trends of 2024
In 2024, efficiency trumped effort among Japan's fitness-focused aspirants.
Is Japan finally ready to tap its abundant geothermal energy potential?
Steam rises from a geothermal plan in Yuzawa, Akita Prefecture. Despite its long history and potential, geothermal provided just 0.3% of Japan's overall energy mix in the fiscal year from April 2023
Japanese officials inspect Yokota Air Base over PFAS concerns
The Yokota Air Base in western Tokyo in September 2019. An inspection of the base by Japanese government officials on Friday came amid public pressure to investigate suspected links between the use of PFAS-containing firefighting foam by the U.S. base and contamination of soil and groundwater in western Tokyo.
North Korea aiding Russia where it needs it most, Canadian general says
North Korean special forces soldiers march and shout slogans during a military parade marking the 105th birth anniversary of the country's founding father, Kim Il Sung, in Pyongyang in April 2017.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Visitors to Kyoto walk along a street near Kiyomizu Temple in April. A popular tourist spot, Kyoto has seen what locals feel to be an overwhelming amount of tourists in 2024.
Is Japan ready for 60 million tourists?
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