Japan needs to lift carbon price to at least $30/t to accelerate clean transition in power sector -report

Published 11:44 on October 26, 2022  /  Last updated at 11:44 on October 26, 2022  /  Asia Pacific, Carbon Taxes, Japan  /  No Comments

A carbon price of at least $30 per tonne of CO2 would enable Japan to bring forward a phase-out of fossil-fuel fired power generation and accelerate the transition to renewables in the electricity sector, a report released on Wednesday has found.

A carbon price of at least $30 per tonne of CO2 would enable Japan to bring forward a phase-out of fossil-fuel fired power generation and accelerate the transition to renewables in the electricity sector, a report released on Wednesday has found.

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