In order to achieve both the realization of a decarbonized society and economic growth, a bill that includes the introduction of "carbon pricing," in which companies bear the cost according to the amount of carbon dioxide emissions, was introduced at the plenary session of the House of Representatives on the 9th. I entered deliberation.
Minister of Economy, Trade and Industry Nishimura emphasized the significance of the bill, stating that amid intensifying global investment competition for decarbonization, Japan also needs to make large-scale investments.
The "GX = Green Transformation Promotion Bill" is
intended to introduce "carbon pricing" such as emissions trading that allows companies to trade the amount of carbon dioxide emissions they have reduced in the market
; In order to boost private sector investment in carbon, the plan includes the issuance of a new government bond, the GX Economic Transition Bond, for 10 years from next fiscal year.
At the plenary session of the House of Representatives on the 9th, an explanation of the purpose and a question-and-answer session were held, during which Minister of Economy, Trade and Industry Nishimura said, ``The competition for large-scale investments aimed at achieving carbon neutrality is intensifying on a global scale. In Japan as well, in order to realize GX, which simultaneously achieves international pledges such as carbon neutrality by 2050 and economic growth through strengthening industrial competitiveness, the public and private sectors will work together to achieve 150 trillion yen in the next 10 years. It is necessary to realize an investment exceeding that," he said, emphasizing the significance of the bill.
The government is aiming for passage of this bill in the current Diet session.