Tokyo carbon scheme: blueprint for Asia?
Tokyo’s recently launched carbon trading scheme could provide a blueprint for similar schemes across Asia, say carbon experts.
Under the scheme, which is the first of its kind in Asia, 1,400 of Tokyo's most carbon-intensive industrials, including commercial buildings and factories, will be required to meet legally binding emission reduction targets. The first phase of the scheme will finish in 2014 and requires participants to cut carbon emissions by 6% of 2000 levels. Overall, the scheme aims to cut the metropolis's
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