Japan Industry Minister Akazawa to Attend AZEC Summit in the Philippines November 16 to 17 as Tokyo Plans 521.9 Billion Yen in Winter Utility Subsidies
Japan's Industry Minister Ryosei Akazawa will attend the Asia Zero Emission Community summit in the Philippines on November 16 to 17 and report on the October ministerial meeting held in Manila.
The Japanese government plans to spend 521.9 billion yen, about 3.3 billion dollars, from its reserve fund to subsidise household electricity and gas bills from December through February.
The government also plans 130 billion yen in grants to local governments to support users of high-voltage electricity, liquefied petroleum gas and kerosene.
On regional energy cooperation, ASEAN countries aim to launch a joint oil-product stockpiling scheme as early as 2027, with storage sites in Indonesia and Thailand and Japan as a promoter, according to a Nikkei report cited by Reuters.
Source: Reuters
Published by GSM · USA (original Chinese edition)
Photo: 图：日本经济产业省大楼。维基共享资源 CC BY 2.0。 / Photo: Japan's Ministry of Economy, Trade and Industry building. Wikimedia Commons (CC BY 2.0).
