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Environmental policies are designed to deal with externalities either by internalizing environmental costs or imposing specific standards for environmental pollution. This study aims to examine the impact of environmental regulations related to End-of Life Vehicles (ELV) on innovation in Japan. We determined whether there is any statistical...

Criticisms raised against the Clean Development Mechanism (CDM) have placed the development of alternative market mechanisms on the official agenda of international climate change negotiations for the past few years. The Joint Crediting Mechanism (JCM), initiated by the Japanese government, intends to offer a simpler and more flexible crediting...