Japan PM Suga eyes study on carbon pricing to cut emissions

Japanese Prime Minister Yoshihide Suga is expected to ask his Cabinet’s industry and environment ministers to study the feasibility of introducing a “carbon pricing” scheme in an effort to reduce greenhouse gas emissions, a government source said Friday. Suga has pledged that Japan will achieve carbon neutrality, or net zero emissions of carbon dioxide, by 2050, as many countries set similar goals to address climate change. Carbon pricing is supposed to encourage businesses and households to reduce emissions by creating cost incentives. According to the source, arrangements are underway for Su…

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