Minister of Economy, Trade and Industry Kajiyama said at a press conference that new economic measures will include the creation of a 2 trillion yen fund to realize the government's goal of reducing greenhouse gas emissions to zero as a whole by 2050. So, he expressed his intention to promote corporate R & D and capital investment by utilizing the fund, which will lead to technological innovation.
To achieve decarbonization by 2050, the government will create a 2 trillion yen fund to support companies working on the development of innovative technologies for 10 years with a new economic measure decided on the 8th.
Regarding this, Minister of Economy, Trade and Industry Kajiyama said at a press conference after the Cabinet meeting on the 8th, "I would like to use the fund as a priming water to induce R & D and capital investment of private companies and lead to ambitious innovation."
In addition, Minister Kajiyama said that hydrogen is one of the fields expected for decarbonization, and said, "We will consider the use of all policy tools such as the utilization of a 2 trillion yen fund and the regulatory reform of hydrogen stations." Showed the idea to support.