The Yomiuri Shimbun reports, “Introduction of Renewable Energy, Mandatory Targets to be Set for 12,000 Companies in Japan.
The government will require 12,000 companies in Japan to set targets for the introduction of renewable energy sources, such as solar power, that emit carbon dioxide (CO2). The company has decided to mandate the formulation of targets for the introduction of energy sources that do not emit CO This will encourage the use of renewable energy in place of fossil fuels, and will help companies work toward decarbonization. …
(Yomiuri Shimbun December 22, 2022)
https://www.yomiuri.co.jp/economy/20211221-OYT1T50310/
This story is new in that it is about amending the Energy Conservation Law to encourage the introduction of renewable energy in 2023 at the earliest.
The idea is to target large companies with high energy use and penalize them to force them to introduce a certain percentage of renewable energy.
It can be said that this is a regulation created to address environmental issues by taking a step beyond the conventional content of merely curbing energy use and taking into account the type of energy used.
We believe that this regulation will only be possible if there is a balance between the supply side and the use side of renewable energy.
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The Energy Conservation Law (Law Concerning the Rational Use of Energy) was enacted in 1979 and has since been revised in 2008 and 2022.
It was originally enacted to promote the efficient use of energy in factories and transportation facilities in the wake of the oil crisis.