Tag Archives: Japan Times

Japan Likely Needs New Reactors to Meet Carbon Goal

Japan must consider building new nuclear reactors to meet the government’s lofty goal of going carbon-neutral by 2050, according to the nation’s former economy and energy minister. Prime Minister Yoshihide Suga’s net-zero emissions pledge announced Monday is “very ambitious” and presents a number of difficulties, said Hiroshige Seko, broadcaster NHK …

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Oil Exploration up in the Air as Prices Dive

The coronavirus pandemic that has slammed oil demand and prices is forcing energy majors to tighten their belts on exploration, even if finding new deposits remains essential to their existence. While the sector is increasingly diversifying into greener energies such as wind power, its core business remains oil and gas. …

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