TOKYO — Fully 50 years ago, Japan, reeling from rocketing oil prices, began investigating how to develop an energy source that’s now among the world’s favorites for future decarbonization strategies: hydrogen.
Then decades ahead of its time, Japan is now confronted with an all-too-familiar risk, experts say. Just like with solar panel and battery technology, it faces being overtaken by dynamic rivals — the European Union, U.S., South Korea and China — unless it accelerates and goes big in the nascent technology’s commercialization.
Source: asia.nikkei.com
