Bloomberg Tax
June 14, 2021, 12:06 PM

Japan Business Lobby Signals Hesitance on Carbon Pricing: Nikkei

Lily Nonomiya
Lily Nonomiya
Bloomberg News

The Keidanren, Japan’s largest business lobby, indicated a reluctance to embrace certain environmental policies including a carbon tax and emissions trading, Nikkei reports, citing comments published by the industry body.

  • Carbon pricing should set incentives for companies instead of penalizing them for carbon emissions
  • Need to explore ways to reduce the burden of the increased costs companies encounter when using renewable energy by examining schemes used overseas

To contact the reporter on this story:
Lily Nonomiya in Tokyo at lnonomiya@bloomberg.net

To contact the editors responsible for this story:
Yusuke Miyazawa at ymiyazawa3@bloomberg.net

Gareth Allan

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