- The greenhouse gas business in Japan is still in its infancy.
The government of Japan is studying how to implement a system that would allow domestic firms to buy and sell greenhouse gas-emission credits. The foreign minister, economy, trade and industry minister met and discussed the best way to move forward.
Two global trading partners are about to introduce such a plan, and the European Union already has one in force.
These standards are expected to be in force worldwide this year. Great concern exists among the nations to this proposal that it is difficult to determine parity.
The government needs innovative ideas because they want to be seen as visionaries in the environmental field. The plan they want will unlikely arise from a bureaucracy which doesn’t understand market forces in a free-wheeling economy.
The idea for credits will most likely come from an entrepreneur who can develop a model which is a win-win for the companies and countries involved.
Are you such an entrepreneurial visionary? If so, you could well become the designer and consultant for an emerging commodity market.
(For more information on the risks of carbon trading, CLICK HERE)
Twitter
Facebook