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Japan aims to issue 'green transformation' bonds in FY2023

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A government draft said Japan plans to use revenue from carbon pricing, a system that requires polluters to pay when they emit carbon dioxide, to redeem the bonds.

carbon reduction measures are a good thing for the environment to cut fossil fuel use.

But if polluters receive the green subsidies from the LDP and then still pass on higher costs to the consumers, it is a regressive tax and just corporate welfare.

Unfortunately this is almost always the case.

-2 ( +1 / -3 )

The patterns are in place:

“My Number” will also become social credit.

This “green” insanity wants to control the world and its inhabitants.

Warm water slowly boiling a frog.

And P.S. mods, this is not “off-topic” if you have any deductive faculties to connect dots.

4 ( +4 / -0 )

"Carbon pricing" has failed in Canada. Why will it succeed in Japan?

4 ( +4 / -0 )

Carbon pricing" has failed in Canada

Carbon pricing is a total fail on the planet, but it's a win for investment banks.

These are at best a distraction to the environmental vandalism.

I have a significant investment in Osaka Gas, and they have stake in a gas project in the Timor sea. The project manager (Woodside) has always stood firm by environmental standards and outright refused to develop an LNG station on East Timor because that would entail crossing the earthquake prone, 3,300m deep Timor trench/trough.

Well it seems because East Timor has threaten they'll give it to China (who is willing to do it) instead, all of a sudden it's now doable to run a gas pipeline accross the Timor trough. Sigh, and I bet the average Joe would not be aware of this and other reckless activities around the world because of China. Carbon is nothing compared to tge disasters in the name of mining in tenuous areas.

3 ( +3 / -0 )

No thanks, I can burn away my money better and maybe even faster.

2 ( +2 / -0 )

How about putting lightweight solar on all the massive roofs in Japan?

The tech is out there but the self obsessed, greedy, stupid politicos in Tokyo just don’t have a clue!

0 ( +0 / -0 )

The patterns are in place:

“My Number” will also become social credit.

This “green” insanity wants to control the world and its inhabitants.

Warm water slowly boiling a frog.

And P.S. mods, this is not “off-topic” if you have any deductive faculties to connect dots.

Glad to see other people have cottoned on to this...

The bonds are to create a 'sunk cost' for the system to be implemented. They don't need them because they can just add a zero on the bank accounts (what, do you think central bank loans create real money?) but any fool that buys them becomes invested in it themselves and will cry foul if they don't get what they want..

1 ( +1 / -0 )

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