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One of the main goals of the action plan is to generate $ 2 billion in growth in investment and green production by mid-century. They want to encourage utilities to switch to renewable energy and hydrogen as quickly as possible, and that by the mid-2030s, car factories will only produce electric vehicles.
Prime Minister Suga Josihide spoke about this as early as October, when they began to draw up an action plan. With the environmental challenges facing the world, green investing should be seen as an opportunity, not a burden, he said.
To implement the strategy, the country will need 30 to 50 percent more electricity,
and three times more from renewable energy sources, which will represent 50 to 60 percent of total energy consumption. They also want to maximize the production of nuclear energy as a “clean energy source.”
According to the AP news agency, it is not known whether Suga has the political clout to achieve a gradual disconnection of the energy-poor country from oil and gas imports. The plan sets tasks in 14 areas, including the construction of offshore wind farms that would generate 45 gigawatts of electricity by 2040.
Cover image: Getty Images
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