October 22, 2008

Japan launches voluntary CO2 market

My Green Japan article in ICIS Chemical Business is now available online. In it are some examples of how the chemical industry is responding to the issue of climate change.

The article also reported about how the carbon emissions of Japan's industrial manufacturing sector (including energy, steel, chemical, petroleum, pulp and paper, cement, etc.) is closely being scrutinized by several Japanese green groups.

In relation to this, I just came across this news from Reuters about yesterday's government launch of a "voluntary" carbon trading market in Japan, which could become a forerunner of a mandatory carbon cap-and-trade scheme in the future.

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