ieej june 2006 japan long term energy outlook a projection up to 2030 under environmental constraints and changing markets kokichi ito yuji morita akira yanagisawa shigeru suehiro ryoichi komiyama zhongyuan shen introduction the persistent trend of high oil prices since 2004 continues even today despite brief rises falls price remains historically geopolitical risks in middle east have been increasing new security are becoming manifest such as an ever demand china india other consuming countries along with economic growth limited supply from non opec unpredictable ability eastern producing expand their concerning problem global warming kyoto protocol s first commitment period is fast approaching therefore maximum efforts toward achieving goals required preparation post framework for second another important challenge looking at domestic trends economy japanese finally emerging more than ten years stagnation gradual solution three excesses labor power facilities debt business sector conditions ready