A computable general equilibrium analysis of environmental tax reform in Japan with a forward-looking dynamic model

Article Green & Sustainable Science & Technology

EMF 35 JMIP study for Japan's long-term climate and energy policy: scenario designs and key findings

Masahiro Sugiyama et al.

Summary: The study evaluates Japan's climate policies using five models and finds that Japan needs to implement various emission reduction strategies on a large scale to achieve its 2050 emission reduction goal.

SUSTAINABILITY SCIENCE (2021)

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Article Economics

Impact of the Saitama Prefecture Target-Setting Emissions Trading Program on the adoption of low-carbon technology

Mitsutsugu Hamamoto

Summary: The study found that the TSET program in Saitama Prefecture encouraged the adoption of high-efficiency equipment, especially during the second compliance period. Manufacturing facilities may have opted for relatively cheaper emissions reduction plans in the first compliance period, while in the second period, they invested in high-efficiency equipment as emissions targets became stricter.

ENVIRONMENTAL ECONOMICS AND POLICY STUDIES (2021)

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Article Economics

The impact of the Tokyo emissions trading scheme on office buildings: what factor contributed to the emission reduction?

Toshi H. Arimura et al.

Summary: Tokyo ETS is the first emissions trading scheme targeting GHG emissions from office buildings. While the Tokyo government claimed its success, research showed that half of the emission reduction was attributed to ETS, and the other half to electricity price increases triggered by the 2011 earthquake. The lack of publicly available permit price due to its design is another unique feature of Tokyo ETS.

ENVIRONMENTAL ECONOMICS AND POLICY STUDIES (2021)

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Article Economics