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Japan to Create New Carbon Credits Exchange for Home and Overseas Credits
In 2022, Japan hopes to have a market price for carbon. The government wants to launch a new exchange that will trade carbon credits issued locally and overseas, creating a public and liquid price me...
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Japan’s Self-Defense Forces Open a New Front: War on Climate Destruction
In just one year, the Japanese state’s biggest emitter morphed into its most progressive clean power buyer. And more dramatic developments are yet to come.Japan’s Self-Defense Forces (SDF) are best k...
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New Prime Minister in Japan Won’t Stop Net-Zero Goals, But May Change Approach
On Friday, Sept. 3, Prime Minister Suga announced that he will resign his post when his term as Liberal Democratic Party (LDP) president expires at the end of the month. Suga’s resignation will not a...
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Japan’s Green Energy Hero? Changing the Power System
Few companies have such outsized ambitions to transform Japan’s power industry as Erex Co. In the last few months, the firm of 182 people has engaged in talks to take over several coal power plants a...
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How Likely is Japan’s Electricity Price Spike Repeat Itself?
On Jan. 13, 2021 a power crunch sent Japan’s wholesale electricity price to a record ¥154.57/ kWh. The 2,400% jump in price in the course of a month was partly due to events outside Japan and the wea...
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