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Japan Carbon Emissions Trading System
June 6 , 2025
7 hrs 0 min
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- Japan's parliament has enacted a law obliging hundreds of firms to join a carbon emissions trading scheme starting April 2026.
- Under the revised law, companies producing 100,000 tons of carbon dioxide or more a year are to join the Green Transformation-Emissions Trading System.
- The government estimates that the companies account for nearly 60% of domestic greenhouse gas emissions.
- Under the trading system, the companies will be allotted a maximum emission allowance.
- Carbon credits will have to be purchased on the market for any emissions above the threshold.
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