Japan will combine two emission credit programs as the government seeks to improve efficiency in the country’s efforts to curb production of greenhouse gases.
“It’s important for Japan to keep promoting measures to cut and absorb emissions,” a study group set up this year to review the country’s incentives said today in a report. “We need to keep the credit programs for fiscal 2013 and after.”
The industry, environment and agriculture ministries began a program in 2008 to spur low-carbon energy investment by small- and medium-size businesses by offering larger companies credits in return for providing their smaller peers with financial and technical help.
Read the rest of the story: Japan to Combine Emission Credit Programs to Improve Efficiency.