Posted by: Grant | October 21, 2011

Japan Bows Out

WALL STREET JOURNAL
BUSINESS
OCTOBER 19, 2011, 4:15 P.M. ET.
Japan Reconsiders Plan to Cut Carbon Emissions
By MARI IWATA
http://online.wsj.com/article/SB10001424052970204618704576640493862577426.html

“TOKYO—Japan is reconsidering plans to cut carbon-dioxide emissions by 25% by 2020 due to a rethinking of its energy future, and the country is worried that it is spending too much on carbon-credit programs, a senior government official said on Wednesday.

Japan currently plans to cut carbon-dioxide emissions by 25% by 2020. Above, two people walk near turbines at a wind farm in Kamisu City in August.

Japan’s doubts, prompted in part by its nuclear disaster in March, come at a time the European Union is questioning whether it should press ahead with plans to cut greenhouse-gas emissions if others don’t follow suit.

“We don’t want to give a wrong message to the international community, that’s why I’m talking about the possible revision now,” said Kazushige Nobutani, director of the Global Environmental Affairs Office at the Ministry of Economy, Trade and Industry…. “

Also here…

REUTERS
Japan sees no progress on new CO2 schemes in Durban
TOKYO | Wed Oct 19, 2011 11:02am EDT
http://www.reuters.com/article/2011/10/19/us-climate-japan-idUSTRE79I4EO20111019

“TOKYO (Reuters) – Japan does not expect climate delegates to come to any conclusions in South Africa next month on how to include new emission-cut schemes in rich countries in a new global climate deal, a government official said on Wednesday…. “

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