The Japanese are aiming to get a climate change bill passed before the next UN climate conference in Mexico this December.
The bill will lead to emission cuts of 25% over 1990 figures by 2020. That's more than the current EU target! They also hope to bring in a mandatory emissions trading system that will effectively force their industry to cut emissions whilst stimulating investment in renewable energy technology.
The driver behind all this seems to be that Japan are looking to reduce their dependence on increasingly expensive fossil fuels whilst attempting to catch up with the Chinese in terms of renewable energy tech. Basically, the Chinese are threatening to dominate the entire renewables market, so Japan wants a piece of the action. More here.
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