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Japan to Announce Greenhouse Gas Reduction Targets by November

Jan. 25 (Bloomberg) -- Japan will set its targets for cutting greenhouse gas emissions by November after reviewing the current 25 percent reduction goal that the government has said is out of reach.

The timetable was announced today by Minister of the Environment Nobuteru Ishihara around the same time as Prime Minister Shinzo Abe said the review will take place. The current target covers the period from 1990 to 2020.

“We are not able to set precise figures yet, because the future of nuclear power hasn’t been decided,” Ishihara told reporters after a cabinet meeting.

Chief Cabinet Secretary Yoshihide Suga yesterday said the 25 percent cut in emissions is impossible to achieve, public broadcaster NHK reported. Climate envoys around the world meet every year to discuss ways to cut emissions of heat-trapping gases blamed for global warming. This year’s meeting will take place in Poland in November.

Japan’s current emission reduction goal was set by the Democratic Party of Japan, which was ousted from power by the Liberal Democratic Party in December. The DPJ also set a policy to phase out use of atomic power following the Fukushima nuclear disaster in March 2011. The LDP has also indicated it will review that policy.

To contact the reporter on this story: Chisaki Watanabe in Tokyo at cwatanabe5@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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