Japan Economy Watch β’ 219 implied HN points β’ 21 Jul 23
- Achieving 70% renewable energy in Japan by 2035 is technically and economically feasible.
- Japan's Ministry of Economy, Trade, and Industry (METI) has a more pessimistic view on renewable energy due to geographical and physical challenges, suggesting the need for more modest goals and continued reliance on nuclear and fossil fuels.
- Regulations, business practices, and government policies are the main hurdles to faster adoption of renewable energy in Japan, not geographical limitations or costs.