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 overall emissions by 25% of 2000 levels by 2020.
According to Kristian Tangen, carbon analyst at Point C
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