Leading Japanese companies want to reduce carbon emissions in Malaysia

Leading Japanese companies want to reduce carbon emissions in Malaysia shutterstock
Katerina Belousova

JAPEX is working with energy partners to create a "decarbonized society" in Asia

Japan Petroleum Exploration Co (JAPEX), JGC Corporation and Kawasaki Kisen Kaisha have signed a contract to study the viability of carbon capture and storage (CCS) technology in Malaysia.

They will study suitable sites for carbon storage, methods of capturing and transporting gas from the Petronas complex in Sarawak, reports Gasworld.

The companies will also study the possibility of transporting carbon from outside the country.

This will include an assessment of CO2 storage technologies such as:

  • calculation of storage capacity and optimal storage methods;
  • optimal capture and transport options, including estimation of emissions and capture volumes;
  • monitoring of the underground CO2 storage method.

Having previously signed a Memorandum of Understanding with Petroliam Nasional Berhad, JAPEX is working with its energy partner to create a decarbonized society in Asia as highlighted by the Asian Energy Transition Initiative (AETI).

AETI is an initiative of the Japanese government that was announced in May 2021. It aims to achieve sustainable economic growth and carbon neutrality in Asia.

Earlier, EcoPolitic wrote, that China will build two hydrogen production facilities with the technology carbon capture.

As EcoPolitic previously, the automotive giant Toyota will work on the development together with partners light electric trucks on fuel cells with the aim of bringing them to Japan in 2023.

Related
Has the battle against global warming been lost? Progress on climate action in EU countries has stalled
Has the battle against global warming been lost? Progress on climate action in EU countries has stalled

According to the UN, the global target of limiting the rise in global temperature to 1.5°C is now out of reach

Almost half a billion: the Decarbonisation Fund’s summer performance review
Almost half a billion: the Decarbonisation Fund’s summer performance review

The fund has also received funding from UNIDO for industrial decarbonisation. It is not known exactly which projects the funds will be spent on

The business community has called for further refinement of the draft legislation on the Ukrainian quota market
The business community has called for further refinement of the draft legislation on the Ukrainian quota market

According to the business community, a separate fund should be established to manage the revenues from the NETS, and the priority for the use of these funds should be the decarbonisation of industry

There is no ideal candidate for NETS: experts’ views on the proposed draft laws
There is no ideal candidate for NETS: experts’ views on the proposed draft laws

Spoiler: the experts do not have a single clear favourite, but their list of necessary improvements turned out to be fairly unanimous