Japan to Consider Emissions Trading in Climate Change Planby and
Plan to be put together by early next year, government says
Plan will include measures to fulfill Japan's pledge to U.N.
Japan may consider introducing national-emissions trading as part of a set of measures it intends to put together by early next year to tackle climate change.
The government will compile the climate change plan to fulfill its pledge to reduce emissions by 26 percent by 2030 from 2013 levels, according to a statement issued Tuesday. The pledge was made earlier this year to the United Nations.
Two government panels -- one set up by the Ministry of Economy, Trade and Industry and another by the Ministry of the Environment -- will discuss the plan’s details, according to the statement.
A preliminary draft, released Tuesday, proposed Japan should promote efforts to bring about a “green economy” and financially support actions to cut emissions.
It also commits to “carefully consider” national-emissions trading, while closely examining any possible burden placed on domestic industries and employment at the same time as it takes account of trends in emissions trading overseas.
One trade ministry panel member said he opposes including national-emissions trading in the government plan.
“At this point, there is little reason to position national emissions trading as an effective candidate,” Taishi Sugiyama, a senior researcher for the Central Research Institute of Electric Power Industry, said in a statement. “We should rather give more consideration about how to bring about innovation,” he said.
Japan has previously considered a nationwide emissions-trading system. The plan was put on hold in December 2010 after the government said it decided to closely examine the impact on businesses and the effectiveness of other climate-change measures, according to a document posted on the environment ministry’s website.