Japan plans first carbon capture and storage project

Refiner Eneos and utility J-Power aim to begin operations by 2030

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A Japanese national flag flutters near a flare from a chimney at a steel plant in Kawasaki. The country is targeting net zero emissions by 2050. © Reuters

JUNTARO ARAI, Nikkei staff writer

TOKYO -- Japanese oil refiner Eneos Holdings and utility J-Power have joined forces to launch the nation's first permanent carbon capture and storage operation by the end of this decade, the two companies said Tuesday.

The partners have agreed to execute a feasibility study for the project, with plans to begin exploring a site in western Japan later this year.

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