Source: NDTV [India]
Japan’s parliament enacted a law on Wednesday obliging hundreds of major companies to participate in a carbon emission trading system as part of its efforts to achieve the country’s climate goals. The revised law requires companies producing 100,000 tonnes of carbon emissions to participate in a trading system, which will be introduced in the fiscal year starting April 2026. An industry ministry official told AFP that the companies — which include electricity generation firms and manufacturers of steel, chemical products, cement and paper — account for roughly 60 percent of Japan’s greenhouse gas emissions.” (05/28/25)