The Japanese government is taking steps towards decarbonization by initiating a project to bury CO2 emissions produced by Japanese companies in Malaysia by 2028, as reported by the Nikkei newspaper.

Transportation of Carbon Dioxide

The carbon dioxide will be transported to Malaysia via sea tankers in its liquefied form.

Collaboration with Petronas

The Japanese government plans to discuss this initiative with Petronas, the Malaysian oil and gas company, as their gas fields can potentially serve as suitable disposal sites for this waste.

Impact on Carbon Dioxide Production

By utilizing underground storage facilities, Japan aims to eliminate 10-20% of its carbon dioxide emissions. The government plans to allocate approximately 4 trillion yen (around 26.9 billion dollars) over a period of 10 years for the implementation of this project.

Japan’s Carbon Neutrality Goal

Japan has set a target to completely eliminate carbon dioxide emissions from industrial and automotive vehicles by 2050. This requires the development of equipment capable of capturing and disposing of 120 million tons of CO2 annually.

Experiments in Underground Carbon Storage

Japan has been conducting experiments on burying carbon dioxide in underground layers since 2016.

Source: TASS