ID :
9398
Thu, 06/05/2008 - 13:35
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https://oananews.org//node/9398
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LDP PANEL CALLS FOR 60-80% GREENHOUSE GAS REDUCTION TARGET
TOKYO, June 5 (Kyodo) - A ruling Liberal Democratic Party panel discussing ways to tackle climate change agreed Wednesday on the need for Japan to set its own long-term target to reduce greenhouse gas emissions by 60 to 80 percent by 2050 from the current level.
In the ''basic idea'' of the panel's draft report, the panel, however, fell short of noting whether Japan should introduce an emissions-trading system or a specific medium-term emissions target and whether such a target should be announced before the Group of Eight summit meeting Japan will host in July.
The LDP task force aimed at promoting measures to tackle climate change is seeking to compile a midterm report around next week, Takeshi Noda, who leads the panel, said.
The ''basic idea'' was unveiled Wednesday in the task force's meeting as a portion to be included in the upcoming report. The portion was basically approved by meeting participants, Noda said.
According to what was unveiled Wednesday, the panel believes it is ''appropriate'' for Japan to present a 60 to 80 percent long-term reduction target as ''a developed country's responsibility.'' Meanwhile, it does not directly refer to the emissions-trading system, but acknowledges that it is ''efficient to reduce emissions through a market mechanism by setting prices on carbon.''Many major Japanese companies are reluctant to adopt the cap-and-trade program that will set a limit on greenhouse gas emissions and allow companies to trade carbon credits.
During Wednesday's meeting, some LDP lawmakers expressed concern that the system may result in a weakening of Japanese companies' international competitiveness, while others were in favor of the idea, Noda said.
On the medium-term emissions target, the draft said that the target year should be set at 2020, and a specific numerical target should be announced at an ''appropriate time'' before 2009 when U.N. negotiations to craft a new climate agreement that would replace the Kyoto Protocol are expected to conclude.
It also referred to the need to make a basic law to promote the creation of a low-carbon society, which would refer to the responsibility of the state and public to realize such society, and that the government should set the next 10 years as a ''period for special actions'' to reduce greenhouse gas emissions.
While proposing halving global emissions by 2050, Japan is struggling to attain the Kyoto goal, which requires the country to cut emissions by an average 6 percent from 1990 levels between 2008 and 2012.
The G-8 leaders from Britain, Canada, France, Germany, Italy, Japan, Russia and the United States will gather in the Lake Toya hot-spring resort area in Hokkaido for the annual summit, where climate change issues are to be taken up as a major topic.
In the ''basic idea'' of the panel's draft report, the panel, however, fell short of noting whether Japan should introduce an emissions-trading system or a specific medium-term emissions target and whether such a target should be announced before the Group of Eight summit meeting Japan will host in July.
The LDP task force aimed at promoting measures to tackle climate change is seeking to compile a midterm report around next week, Takeshi Noda, who leads the panel, said.
The ''basic idea'' was unveiled Wednesday in the task force's meeting as a portion to be included in the upcoming report. The portion was basically approved by meeting participants, Noda said.
According to what was unveiled Wednesday, the panel believes it is ''appropriate'' for Japan to present a 60 to 80 percent long-term reduction target as ''a developed country's responsibility.'' Meanwhile, it does not directly refer to the emissions-trading system, but acknowledges that it is ''efficient to reduce emissions through a market mechanism by setting prices on carbon.''Many major Japanese companies are reluctant to adopt the cap-and-trade program that will set a limit on greenhouse gas emissions and allow companies to trade carbon credits.
During Wednesday's meeting, some LDP lawmakers expressed concern that the system may result in a weakening of Japanese companies' international competitiveness, while others were in favor of the idea, Noda said.
On the medium-term emissions target, the draft said that the target year should be set at 2020, and a specific numerical target should be announced at an ''appropriate time'' before 2009 when U.N. negotiations to craft a new climate agreement that would replace the Kyoto Protocol are expected to conclude.
It also referred to the need to make a basic law to promote the creation of a low-carbon society, which would refer to the responsibility of the state and public to realize such society, and that the government should set the next 10 years as a ''period for special actions'' to reduce greenhouse gas emissions.
While proposing halving global emissions by 2050, Japan is struggling to attain the Kyoto goal, which requires the country to cut emissions by an average 6 percent from 1990 levels between 2008 and 2012.
The G-8 leaders from Britain, Canada, France, Germany, Italy, Japan, Russia and the United States will gather in the Lake Toya hot-spring resort area in Hokkaido for the annual summit, where climate change issues are to be taken up as a major topic.
