Tokyo kicks off Asia’s first trading scheme
9 Apr 2010
Plans for a national Japanese emissions trading scheme might still be mired in confusion, but that has not stopped Tokyo winning the race to launch Asia's first carbon trading initiative.
The city has kicked off its long-awaited carbon trading scheme, which will require 1400 of Tokyo's most energy and carbon intensive organisations to meet legally binding emission targets modeled on those used in Europe's cap-and-trade scheme.
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