Japan - CCUS Incentives

Legislation/Regulation: Draft CCS Business Act
Date: In progress, with major steps in 2023 and 2024
Summary: Japan has selected seven large-scale CCUS projects to capture and store approximately 13 million metric tons of CO2 annually by 2030. The draft CCS Business Act will establish a legal framework for CCUS activities.
Link: Ministry of Economy, Trade and Industry - Draft CCS Business Act