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  • Published: Dec 29th, 2010
  • Category: Asia
  • Comments: None

UPDATE 2-Japan shelves carbon emissions trading scheme

* Japan min says plan needs more study, but not abandoned

* Japan firms fear emissions rules could lead to job cuts

* Japan to seek other ways to meet ambitious emissions goals

* Delay a blow to EU hopes others would launch trade schemes

TOKYO, Dec 28 (Reuters) – Japan postponed plans for a national emissions trading scheme on Tuesday, bowing to powerful business groups that warned of job losses as they compete against overseas rivals facing fewer emissions regulations.

Continue Reading at Reuters

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