(Bloomberg) -- Trading on Japan’s first carbon-credit exchange started Wednesday, as the nation looks to put a price on emissions to help zero them out by...
-- Trading on Japan’s first carbon-credit exchange started Wednesday, as the nation looks to put a price on emissions to help zero them out by 2050.China Mulls New Stimulus, Higher Deficit to Meet Growth Goal
Japan’s move comes as governments across Asia attempt to price pollution, though the region’s carbon markets have so far fallen short of delivering any meaningful impact, unlike more developed ones such as the European Union’s. Japan aims to cut greenhouse gas emissions by 46% from 2013 levels by 2030 and plans “full-scale” emissions trading by 2026, although details haven’t yet been released.
“Through carbon credit trading, carbon emissions reduction can be priced, thereby improving the predictability of decarbonization investment and encouraging companies to implement them,” Trade Minister Yasutoshi Nishimura said Wednesday at the market opening ceremony.Ontario woman wants mandatory signs on private beaches after husband drowned in Lake Erie
-- Bank of Nova Scotia is partnering with Sun Life Financial Inc.’s asset-management division to give the lender’s affluent clients in Canada the chance to tap into private credit and other alternative assets growing in popularity.
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