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Filed from Singapore 1/4/2008 3:57:27 PM GMT
JAPAN: Japan is planning to introduce more tax incentives to promote the use of biofuel this year as the country struggles to meet its 1997 Kyoto Protocol target to cut greenhouse gas emissions, according to a report on the Asahi Shimbun.
The government is set to propose amendments to legislation to exempt the use of bioethanol derived from plants from national and local gasoline taxes and the removal of the import tariff on ethyl tertiary-butyl ether (ETBE), a synthesized additive for gasoline.
The government has asked the oil industry to include 210,000 kilolitres (55,476,130 gallons) of biofuel in products sold annually, in a bid to expand biofuel use to 500,000 kilolitres (132,086,025 gallons) by fiscal year 2010.
Nathan what is interesting to note here as Japan is a fair example is all countrie who have signed up to the Kyot agreement CO2 emmisions have risen significantly. This is why I think it is a waist of time and peoples money to persue such policies as it is not possible to stop the trend.
Dereck
dereckbc: Nathan what is interesting to note here as Japan is a fair example of all countries who have signed up to the Kyoto agreement- CO2 emmisions have risen significantly. This is why I think it is a waist of time and peoples money to persue such policies as it is not possible to stop the trend.
Nathan what is interesting to note here as Japan is a fair example of all countries who have signed up to the Kyoto agreement- CO2 emmisions have risen significantly. This is why I think it is a waist of time and peoples money to persue such policies as it is not possible to stop the trend.
That's bad news if true. Can you provide evidence that all the signatories of the Kyoto Protocol have increased rather than decreased CO2 emissions since their signing?
We had better hope we can stop the trend of increased CO2 emissions. If we can't, the best scientific evidence we have so far says that mammalian life on earth is headed for a catastrophic die off.
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