Japan's planned POWERR GX Strategy

Thank you for your question. Japan will further strengthen the GX initiatives it has pioneered ahead of the rest of the world by enhancing resilience in two respects: fundamentally improving the stability of fossil fuel procurement and further accelerating and strengthening GX. We will further strengthen our GX initiatives from the perspective of resilience and advance this vigorously as “POWERR GX.” At the meeting of the GX Implementation Council held last month, in August, we decided to advance a wide range of measures simultaneously, including introducing a mechanism to provide incentives to businesses working to diversify their sources of crude oil and naphtha; strengthening the supply system for petroleum-related products, including naphtha and intermediate products; curbing energy prices by promoting the maximum use of nuclear power with safety as the overriding priority;...