SA inks deal with Japan in green hydrogen push

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South Africa and Japan have entered into a new agreement whereby the countries together will pursue decarbonisation technologies related to the green hydrogen economy and carbon capture.

Japan and South Africa have entered into a new agreement to support the decarbonisation of the domestic economy.

The agreement will allow for the transfer of technologies from Japan to help South Africa decarbonise, especially industries that have proved hard to abate or reduce emissions. Notably, the two countries mean to work on carbon capture technologies – which remove carbon dioxide from the atmosphere. This is a very expensive technology, and some researchers believe it should be a last resort when cheaper alternatives like rolling out more solar and wind technology are more feasible to reduce emissions."South Africa will use the Memorandum of Cooperation to increase commercial partnerships with Japan in the Carbon Capture and Use technologies," Nzimande said.

Source: Financial Digest (financialdigest.net)

 

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