The COVID-19 pandemic has become the defining global health crisis of our time, with deep social and economic implications in the years to come. The Bank of Japan has warned that it could plunge the country into deep economic stagnation. According to a survey carried out by Teikoku Databank (TDB), more than 10,000 Japanese businesses...
In 2019, energy-related CO2 accounted for approximately 90% of Japan’s total greenhouse gas (GHG) emissions. Under the Paris Agreement, Japan has committed itself to a Nationally Determined Contribution (NDC) of reduction in GHG emissions compared to 2013 – 26% by 2030 and 80% by 2050. Eventually, it hopes to achieve net-zero emissions “as early as...
At the government level, a tax on oil-based products and energy resources such as gas, LPG, coal and others has been charged at the rate of 289 yen per tCO2, starting from 2012, in Japan. The tax raised is being used to help support the building of energy-efficient infrastructure, renewable-energy production, and other measures to...
During September and October, Japan was hit by two powerful typhoons, Faxai and Hagibis. Both were among the strongest storms to hit Kanto, a region in central Japan where Tokyo is located, in decades: the winds sped up to 225 km/h and rain approached to 1 meter within 24 hours in some places [1]. The...
