Japan: We can meet Kyoto goals

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"Japan: We can meet Kyoto goals"

Reuters reports:

Japan will be able to meet its greenhouse gas emissions limits agreed under the Kyoto Protocol through additional, mainly voluntary, agreements with industry, a government panel said.

The measures will help Japan cut 37 million tonnes or more of carbon dioxide (CO2) equivalent a year, a joint panel on climate change under the Ministry of Economy, Trade and Industry (METI) and the Ministry of Environment said in a final report approved on Friday.

Offered in the spirit of actually posting some Climate Progress now and then….

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One Response to Japan: We can meet Kyoto goals

  1. David says:

    Well, at least they’re giving the impression that they’re meeting their Kyoto targets.

    http://blogs.wsj.com/environmentalcapital/2008/02/11/cheap-carbon-credits-to-japan-from-russia-with-love

    “Japanese and Russian officials agreed over the weekend to launch talks about Japan buying surplus greenhouse-gas emission permits from Russia.”

    “The economies of Eastern European countries imploded after 1990 – and thus their emissions did too. As a result, Kyoto gives those Eastern European countries massive numbers of paper emission permits that they can sell to the highest bidder. The credits are known in the trade as “hot air.” No country has more of them than Russia.”