Japan to consider emissions trading system
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TOKYO (Reuters) – Japan will consider a scheme for trading greenhouse gas emissions, the government said on Friday, a week after a powerful business lobby and the trade ministry softened their strong opposition.
In a report of new steps aimed at slashing its greenhouse gas emissions in line with the Kyoto protocol, the government also proposed deeper but voluntary cuts for industry, adding to existing measures such as preserving forests and purchasing emissions rights from abroad.