TOKYO: More than 20 countries, led by Japan, have agreed to boost output of low-emission hydrogen to at least 90 million tonnes a year by 2030 from 1 million tonnes now, the Japanese industry ministry said on Monday .
Many countries, including resource-poor Japan, are facing a historic energy security risk following Moscow's invasion of Ukraine, with the threat of gas supply disruptions at a time when global supply is tight and spot prices are sky-high. Hydrogen is seen as the future green fuel of choice and key to decarbonising industries that rely on coal, gas and oil - such as steel and chemicals - in turn helping in the fight against global warming. It is also key to Japan's goal to achieve net-zero emissions by 2050.
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