5
Outcome of the Program
Most reduction targets and plans remain at abasic level.
Planning in-depth measures to achievesignificant CO
₂
reductions under a voluntarysystem is exceedingly difficult
Emission reduction costs necessary to beacknowledged as indispensable expense
Introduction ofmandatory CO
₂
reduction andemissions trading program
6
Introduction of the Tokyo-ETS
The world’s first urban cap and tradeprogram to cover office buildings as itsemissions reduction targets
Cap coverage
:
1,400installations
(
including 1,100businessfacilities and 300industrial facilities
)
Start:
April 1
st
2010
■
Reference
■
・
EUETS coverage
: combustion plants,oil refineries, iron and steel plants,cement factories, etc.
・
US RGGI coverage
:thermal power plant
・
UKCRC coverage
:
business and public sector organizations
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