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METI State Minister Muto Attended the G20 Energy Ministerial Meeting

June 18, 2018

The Agency for Natural Resources and Energy, The Industrial Science and Technology Policy and Environment Bureau

From June 13 (Wed.) to 18 (Mon.), 2018, Mr. Yoji Muto, State Minister of Economy, Trade and Industry, visited the Argentine Republic to attend the G20 Energy Ministerial Meeting and also visited the United States.

1. G20 Energy Ministerial Meeting

On June 15, 2018, State Minister Muto attended the G20 Energy Ministerial Meeting held in San Carlos de Bariloche, Argentina.

G20 Energy Ministerial Meeting

G20 members account for over 80% of both global GDP and energy demands. The G20 Energy Ministerial Meeting brought together ministers and officials responsible for energy from G20 members and participants held discussions on energy transitions towards cleaner, more flexible and transparent systems.

At the meeting, the participating ministers reached consensus, including those below, and issued G20 Energy Ministers Communique.

  1. There are different possible paths, under the term “transitions” (in plural), to achieve energy transitions according to each member’s circumstance.
  2. Energy transitions can play an important role in reducing greenhouse-gas (GHG) emissions.
  3. Innovation is one of the key drivers of the energy transitions processes and G20 will foster cooperation in this area.

State Minister Muto delivered a speech and stated that, aiming to achieve energy transitions, Japan will seek the potential of groups of technologies for all decarbonization systems and will promote changes in energy structures, such as electrification, hydrogenation and decentralization of equipment. Moreover, he explained the importance of collaboration among G20 members in advancing these efforts.

As the 2019 G20 chair, Japan will hold the G20 Ministerial Meeting on Energy Transitions and Global Environment for Sustainable Growth in Karuizawa Town, Nagano Prefecture, on June 15 and 16, 2019. State Minister Muto stressed that as the next G20 chair, Japan hopes that the G20 will further develop the outcomes of discussion based on Argentine Presidency, and, to this end, hold in-depth discussions next year focusing on the role that innovation should play to achieve energy transitions, and develop more quality discussions to facilitate energy transitions worldwide balancing energy security, economic growth and countermeasures against global warming at the same time.

2. Meeting with other participating minister

Taking the opportunity of the G20 Energy Ministerial Meeting, State Minister Muto exchanged views with Minister Carr, Canada, concerning cooperation under a variety of multilateral fora and Japan-Canada energy cooperation in LNG and other fields, bearing in mind Japan’s G20 presidency in 2019.

3. Visiting the site of the Petra Nova project for CCUS (carbon capture, utilization and storage) on June 13

Prior to visiting Argentina, State Minister Muto visited Petra Nova, Texas, the United States, and toured the site of the CCUS project,; capture, utilization and storage of carbon dioxide emitted from a power plant, in which Japanese companies are participating.

Appendix

Division in Charge

  1. International Affairs Division, Agency for Natural Resources and Energy
  2. Global Environment Partnership Office, Industrial Science and Technology Policy and Environment Bureau, Ministry of Economy, Trade and Industry