Japan’s automotive industry is driving — slowly — toward a greener future
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Source: The Japan Times
Published: 2026-05-24 13:50 UTC+10:00
Section: ENVIRONMENT
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Transport, Asia, Energy, Tax & Budget, Environment & Climate, Asia Pacific
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Snippet:
As the closure of the Strait of Hormuz continues, the Japanese government is spending up to ¥500 billion per month to keep gasoline and other fuel prices artificially low. According to estimates as of April, the subsidy could run out by June and Prime Minister Sanae Takaichi is now considering an extra outlay, in part to cushion consumers from rising energy prices.
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