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Tokyo Stock Exchange begins trade in carbon credits

TOKYO, Oct 12 (Reuters) - Japan's Tokyo Stock Exchange (TSE) started trading carbon credits on Wednesday, as the world's fifth-largest carbon dioxide (CO2) emitter put in place a key element of its strategy to tackle climate change.

Seeking to become carbon neutral by 2050, Japan is following a similar path to other major economies. In April, it began the phased introduction of a carbon pricing scheme to encourage companies and cities to curb emissions.

Via the new market, registered members can trade the existing carbon credit, known as J-Credit, on the TSE, a unit of Japan Exchange Group Inc (8697.T).

Under the J-Credit system, the government certifies as a "credit" the amount of greenhouse gas emissions, such as CO2, reduced or removed through efforts to introduce renewable energy or energy-saving equipment or managing forests. ...continue reading

Source: TBS NEWS

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Lime, the world’s largest electric scooter-sharing service, has announced a collaboration with a major insurance company to pursue a full-scale entry into the Japanese market.

A man was arrested in Higashi-Osaka for allegedly abducting three girls, one of whom has died, with around 80 empty medicine shells discovered in his home.

Prince Hisahito, the eldest son of Japan's Crown Prince and Crown Princess Akishino, turned 18 on September 6, officially becoming an adult member of the Imperial family.

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