Toward the realization of a "carbon-free society," the Ministry of the Environment has set up a committee of experts to consider the possibility of introducing "carbon pricing," which puts a price on carbon dioxide and bears the cost according to the amount of carbon dioxide emitted. We have decided to hold the event for the first time in about a year and a half at the beginning of the year.
"Carbon pricing" is a mechanism that puts a price on carbon dioxide and asks companies and households to bear the cost according to the amount of emissions. Specifically, there are carbon tax and emissions trading system.
The Central Environment Council set up a subcommittee of experts considering the use of "carbon pricing" and started discussions, but the industry gave a series of negative opinions about the introduction, and in August of last year, " Since the announcement of "Interim Arrangement", the committee has never been held due to the spread of the new coronavirus infection.
However, the Ministry of the Environment said that it is essential to consider the possibility of introducing "carbon pricing" in order to achieve the government's goal of realizing a "decarbonized society" by 2050. We have decided to hold a committee meeting for the first time in about a year and a half.
The Ministry of the Environment has positioned "carbon pricing" as a powerful policy to achieve both emission reduction and economic growth, and would like to accelerate discussions.