Japan’s government took a step back from plans to start carbon trading in 2013 amid opposition from industries that say emission-trading rules would add to costs and limit their ability to compete against rivals in China and India who don’t face the same restrictions.
Environment Minister Ryu Matsumoto declined to commit to the 2013 date in a press conference today after a meeting with other ministers to discuss the nation’s emissions trading plans. In August, an environment ministry panel recommended starting emission trading in fiscal 2013
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