search icon
search icon
Flag Arrow Down
Română
Română
Magyar
Magyar
English
English
Français
Français
Deutsch
Deutsch
Italiano
Italiano
Español
Español
Русский
Русский
日本語
日本語
中国人
中国人

Change Language

arrow down
  • Română
    Română
  • Magyar
    Magyar
  • English
    English
  • Français
    Français
  • Deutsch
    Deutsch
  • Italiano
    Italiano
  • Español
    Español
  • Русский
    Русский
  • 日本語
    日本語
  • 中国人
    中国人
Sections
  • News
  • Exclusive
  • INSCOP Surveys
  • Podcast
  • EU
  • Diaspora
  • Republic of Moldova
  • Politics
  • Economy
  • Current Affairs
  • International
  • Sport
  • Health
  • Education
  • IT&C knowledge
  • Arts & Lifestyle
  • Opinions
  • Elections 2025
  • Environment
About Us
Contact
Privacy policy
Terms and conditions
Quickly scroll through news digests and see how they are covered in different publications!
  • News
  • Exclusive
    • INSCOP Surveys
    • Podcast
    • EU
    • Diaspora
    • Republic of Moldova
    • Politics
    • Economy
    • Current Affairs
    • International
    • Sport
    • Health
    • Education
    • IT&C knowledge
    • Arts & Lifestyle
    • Opinions
    • Elections 2025
    • Environment
130 new news items in the last 24 hours
  1. Home
  2. International

The Japanese government has approved a massive economic program, supporting traditional fuels by eliminating excise taxes on gasoline and reducing prices, instead of a rapid transition to electrification.

Radu Burcă
whatsapp
facebook
linkedin
x
copy-link copy-link
20 December 2025, 16:59
main event image
International
Foto: pixabay.com
google-preference

Always see our news on Google

Japan, known for its automotive giants and promotion of electrification, has surprised markets by approving a massive economic program that supports traditional fuels. Under the leadership of Prime Minister Sanae Takaichi, the government will eliminate excise taxes on gasoline and will intervene to reduce pump prices by up to 50%. This decision comes at a time when the global transition to green energy is slowing down, and Japanese automakers seem to be buying time in the face of pressures to adopt 100% electric vehicles.

The government is allocating approximately 117 billion euros, the largest economic program since the pandemic, to reduce fuel prices, considering the persistent inflation that has affected household incomes. In Japan, where personal transport is essential, quick and visible measures are prioritized. Although electric cars have not achieved the anticipated success, the government believes that internal combustion vehicles, including hybrids, will continue to play an important role in the next decade. The elimination of excise taxes on gasoline suggests that a rapid energy transition is currently too socially and economically costly, and this approach could influence other countries to reassess their electrification goals. Analysts suggest that we may witness a 'new energy realism', where electric vehicles coexist with hybrids and gasoline cars.

Sources

sursa imagine
Business Magazin
Visul electric a murit? Unul dintre cei mai mari constructori auto la nivel global, elimină accizele pe benzină şi vrea să reducă la jumătate preţul pentru un litru de combustibil

Latest News

20:28

Lionel Messi donated 80,000 euros for the reconstruction of the Sierra Oeste area near Madrid, devastated by fires.

20:16

UN: Acute child malnutrition reaches alarming levels in Afghanistan

20:00

Spider-Man: Brand New Day generated $1.05 billion in the first six days, becoming the second fastest grossing film after Avengers: Endgame

19:50

Timișoara and Oradea reduce public lighting to save energy

19:50

ISU Buzău intervenes to extinguish a wildfire in the commune of Podgoria, affecting 20 hectares

See more news

NEWS ON THE SAME TOPICS

event image
International
The Japanese government has approved a budget supplement of 19 billion dollars to support households affected by the rising cost of living due to the war in Iran.
event image
International
The Bank of Japan has raised the interest rate to 1%, the highest level since 1995, amid rising global energy prices.
event image
Economy
Honda records its first annual loss in 70 years due to electric vehicles
event image
International
The administration in Tokyo encourages employees to give up suits and wear shorts to reduce energy consumption.
event image
International
The demand for electric cars is exploding in Russia due to the fuel crisis.
event image
International
Japan will propose the creation of a common reserve of critical minerals at the G7 summit in Evian.
app preview
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
app preview app preview
Japan excise duties fossil fuels electrification Sanae Takaichi

Editor’s Recommendations

main event image
Exclusive
2 hours ago

ANALYSIS Gianni Infantino and the front of discontent: can the head of FIFA be shaken?

main event image
Current Affairs
9 hours ago

The Bucharest Court of Appeal suspended the Bolojan Government's regulations regarding the suspension of licenses for drivers with unpaid fines, at the request of the PSD.

Sources
imagine sursa
imagine sursa
imagine sursa
main event image
Exclusive
8 hours ago

EXCLUSIVE Romania, Trump and the new Atlantic equation: how much is the bet on a single man worth

main event image
Exclusive
10 hours ago
Original Content

August 4, 2026. TV: What was discussed last night on the news channels

app preview
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
app preview
app store badge google play badge
  • News
  • Exclusive
  • INSCOP Surveys
  • Podcast
  • EU
  • Diaspora
  • Republic of Moldova
  • Politics
  • Economy
  • Current Affairs
  • International
  • Sport
  • Health
  • Education
  • IT&C knowledge
  • Arts & Lifestyle
  • Opinions
  • Elections 2025
  • Environment
  • About Us
  • Contact
Privacy policy
Cookies Policy
Terms and conditions
Open source licenses
All rights reserved Strategic Media Team SRL

Technology in partnership with

anpc-sal anpc-sol