TOKYO -- More than 100 businesses in Asia will work together to develop carbon storage technology under a public-private initiative launched by Japan, hoping to bring down the prohibitive costs that currently stand in the way of commercialization.
Japan's economy and trade ministry will form the Asia CCUS Network on Tuesday to share technological know-how in carbon capture, utilization and storage technology, with the 10 Association of Southeast Asian Nations members, Australia and the U.S. taking part.
