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Industry claims climate bill burdensome
Monday, 15, March 2010


The basic climate bill approved by the Cabinet last week has prompted concerns and criticism from the industrial sector that measures stipulated by the bill may lead to increased burdens on business.The bill passed by the Cabinet on Friday stipulates measures to deal with global warming, notably a midterm target to cut greenhouse gas emissions by 25 percent from 1990 levels by 2020.

Nine industry organizations, including the Japan Iron and Steel Federation and the Petroleum Association of Japan, issued a joint statement opposing the bill, which said: "We have been opposed to the stipulation of mid- and long-term reductions targets or other individual measures. The Cabinet approval of the basic bill is extremely disappointing." Masamitsu Sakurai, chairman of the Japan Association of Corporate Executives (Keizai Doyukai), also said in a statement, "The government has failed to provide sufficient explanation about the merits and burdens on the economy and the lives of the public."
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