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Japan’s industry unmoved despite carbon pricing calls growing louder

Published 10:52 on November 13, 2018  /  Last updated at 22:58 on November 13, 2018  /  Asia Pacific, Japan  /  No Comments

Japan’s biggest business lobby group on Tuesday reiterated that it wants to stick to its voluntary approach to cutting emissions despite growing calls for the government to put a price on carbon to help meet its Paris target at lower cost.

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Green group urges Japan coal phase-out by 2030, launch ETS next year

Published 11:44 on November 9, 2018  /  Last updated at 21:26 on November 9, 2018  /  Asia Pacific, Japan  /  No Comments

Japan should phase out all its coal-fired power plants by 2030, increase its ambition under the Paris Agreement, and introduce a price on carbon as soon as next year in order to do its share to limit global warming, green group Kiko Network said in a report Friday.

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Japan issues biggest batch of carbon credits yet under JCM, though volumes remain modest

Published 12:09 on November 6, 2018  /  Last updated at 22:15 on November 6, 2018  /  Asia Pacific, Japan, Other APAC  /  No Comments

Three Mongolian carbon offset projects have been issued credits under Japan’s Joint Crediting Mechanism (JCM), nearly doubling the amount of credits generated so far, although the Japanese government retained the majority of them.

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Cabinet reshuffle clouds way forward for Japan carbon pricing

Published 09:12 on October 3, 2018  /  Last updated at 16:28 on October 3, 2018  /  Asia Pacific, Carbon Taxes, Japan  /  No Comments

Japan’s latest push on carbon pricing was plunged into uncertainty this week after Prime Minister Shinzo Abe replaced Environment Minister Masaharu Nakagawa, who had launched twin processes to put the issue back on the government’s agenda.

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Japan picks 17 JCM projects for annual funding

Published 11:05 on June 26, 2018  /  Last updated at 11:06 on June 26, 2018  /  Americas, Asia Pacific, International, Japan, Mexico, New Market Mechanisms, Other APAC  /  No Comments

Japan has awarded small grants to 17 projects that aim to cut greenhouse gas emissions and generate carbon credits under its Joint Crediting Mechanism (JCM).

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Tokyo to launch consultation process on post-2020 ETS rules, cap

Published 11:31 on June 5, 2018  /  Last updated at 19:20 on June 5, 2018  /  Asia Pacific, Japan  /  No Comments

The Tokyo metropolitan government has begun discussions with experts on potential post-2020 reforms to its emissions trading scheme and will launch a public consultation process before making final decisions, an official said Tuesday.

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Japan’s coal plans to blow nation off Paris track -report

Published 11:27 on May 29, 2018  /  Last updated at 00:33 on May 30, 2018  /  Asia Pacific, Japan  /  No Comments

Japan’s plans to add 40% to its coal-fired power generation capacity will push the nation off track to meet its already inadequate Paris target unless it considers a raft of new energy policies such as carbon pricing, a report said Tuesday.

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Japan’s first non-fossil power auction might fuel offset trade

Published 11:24 on May 23, 2018  /  Last updated at 11:24 on May 23, 2018  /  Asia Pacific, Japan  /  No Comments

The Japan Electric Power Exchange (JEPX) has held its first auction of non-fossil fuel power certificates, which some observers say might spark more interest in using market-based tools to meet carbon targets.

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Future of global carbon markets rests on China success -survey

Published 10:00 on May 22, 2018  /  Last updated at 09:03 on May 22, 2018  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's National ETS, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, US, Voluntary Market  /  No Comments

The future of emissions trading globally rests on whether China’s carbon market is deemed a success by the international community.

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Japan’s Softbank, TEPCO back blockchain clean energy trading platform

Published 11:26 on May 9, 2018  /  Last updated at 16:44 on May 9, 2018  /  Asia Pacific, Japan  /  No Comments

Technology conglomerate Softbank and utility Tokyo Electric Power Co. (TEPCO) are among the participants in a new blockchain initiative in Japan that will allow rural consumers to trade renewable energy in a bid to cut emissions.

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