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Politics

Japan aims to slash price of hydrogen fuel

Goal is to push adoption by making it cost competitive

Japan plans to promote fuel cell vehicles and hydrogen-based electricity generation.   © Reuters

TOKYO -- Japan has formulated a basic strategy for promoting the adoption of hydrogen as an energy resource that aims to make it cost competitive with rival fuels.

The plan, endorsed Tuesday by a ministerial group under Prime Minister Shinzo Abe, calls for the public and private sectors to work together to promote fuel cell vehicles and hydrogen-based electricity generation.

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