This case study covers the experimental Japanese voluntary ETS, the J-Credit System, the Tokyo Cap-and-Trade Program, the Joint Crediting Mechanism, Commentary on Market Functioning, and Policy Distinction. Remarks: This case study is co-authored by the IGES, the International Emissions Trading Association (IETA), and the Environmental Defense Fund...
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- Publication Year: (-) 2016
- Type: (-) Issue Brief
- Region/Country: (-) Japan
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Assuming all thermal power plants currently planned for construction and replacement are put into operation, coal-fired and gas-fired power plants need to operate below 56% and 43%, respectively, of their capacity factor in order to achieve Japan’s electric power sector’s voluntary emissions intensity targets for 2030. However, the voluntary...