japan is not a big oil and gas producer, it is a oil and gas consumer. so why is japan not moving to renewable energy instead? that would seem logical to many people, and i think the answer is thatjapan just has a lot of legacy industrial capacity, old industries, big steel industry, big chemicals industry and what we have seen here is the electricity generating industry here is still today building new coal fired power stations. when looked at a brand new facility south of tokyo the other day, which will go online in 2023, and will run through 2060 or 2070 that will burn coal. now, if that is going to continue to be used, if they are going to essentially get their return on investment they are going to have to find some other way of doing it. and that is to do is carbon capture and storage. and that s the japanese government s argument. i have to say, many climate scientists and the ipcc report suggests this