japan-torn-on-carbon-trading

Japan torn on carbon trading

The first meeting of Japan's new government advisory panel on climate change was convened Wednesday, but the development of a national carbon trading scheme could be some way off.

Dan Slater

March 06, 2008

With the name of its former capital attached to the 1997 Kyoto Protocol û the most significant international agreement on global warming yet devised û Japan is facing pressure to take a leading role in the fight against climate change, and carbon trading is the topic currently getting most attention.

In July this year, the G8 group meets in Japan, and during a parallel climate change summit, the Japanese host government will be keen to announce some breakthrough. ItÆs perceived as embarrassing that Japan is not keeping to its Kyoto Protocol commitment of reducing its greenhouse gas emissions to 6% below 1990 levels by 2012, a year which marks the end of the Kyoto Protocol...

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