politics

Japan eyes bolder emissions target, carbon pricing scheme next year

2 Comments
By Leika Kihara and Takahiko Wada

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© Thomson Reuters 2020.

©2021 GPlusMedia Inc.

2 Comments
Login to comment

Doesn’t the imposition of a ‘carbon tax’ require funding?

Governments do not pay taxes, they collect them!

How will people be impacted?

In the near future fossil fueled cars will be unavailable.

Will the manufacturers of current models still produce parts?

Will the consumers be forced to buy new cars at a rapid rate?

The moderators at JT delete comments about this question?

I am incredulous...

0 ( +1 / -1 )

Kurispisu, I share your suspicion that carbon pricing like this as a scam. If you haven't already, look up technocracy and proposals for shifting the basis for money as we know it from fiat currency to resource-based currency, and the pursuit carbon credits will become clearer. I think this is also linked to governments such as Japan's considering digital currencies that would eventually lock people into this resource-based currency once countries go fully cashless, among other reasons for these digital national currencies. Under such a system, we would buy and sell using credits based on what resources we produce and consume. On the surface this is not necessarily a bad idea, but there are downsides such as potentially being forced to pay more for using the "wrong" kind of energy even if it's more efficient, or being penalised for using what is arbitrarily deemed to be too much energy above one's quota.

There's also been a spate of articles recently, including opinion pieces here on JT, insinuating that the sharp economic downturn triggered by reactions to the coronavirus has been a blessing, and is something they would like to see continue. They marvel about how much CO2 emissions have fallen due to reduced industrial activity and the slump in air travel. Of course, they don't really care about all the jobs that have disappeared and other social problems that responses to the virus has produced as well, primarily affecting the very people that these types pretend to champion.

Suga's comment that carbon pricing will have "huge implications" on Japan's economy is no exaggeration, but I'm sot sure whether he understands what those implications might be. But I might be wrong. Suga is nothing if not a nationalist, and he might even have the backbone to stand up for Japan against the unelected globalist bureaucrat types at the UN and its agencies:

"Carbon pricing must be designed in a way so it serves as a tool of Japan's growth strategy," Nakai said. Even if a carbon tax were to be introduced, it should be timed in a way that does not hurt the economy, he added.

Suga's pledge to make Japan carbon neutral by 2050 brings it into line with the European Union. But Tokyo remains under pressure to take stronger steps towards a carbon-free society.

Japan stuck to its 2030 target of cutting emissions by 26% from 2013 levels in an updated plan submitted to the United Nations in March, drawing criticism from investors for being too weak in its resolve to combat climate change.

Nakai said Japan is discussing the possibility of setting a more ambitious target next year, as it succeeded in trimming emissions for six straight years.

"We don't have a specific number yet, but the direction is toward a reduction" in emissions beyond the 26% goal, he said.

Japan's expertise at dithering - or pretending to - might be the government's way of intentionally putting this off indefinitely while promising to do "something" about reducing its emissions for no net benefit to Japan to keep the trough-feeders happy.

-1 ( +0 / -1 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites