Question Earthority!

“Japan is looking to over 1,000 companies, including big firms, to join in a local over-the-counter market for carbon offsets that is being launched to spur voluntary efforts to cut emissions, a government official said. ‘We’re expecting major companies which currently take part in the voluntary action plan to join in,’ Yasuo Takahashi, director at Ministry of the Environment’s office of market mechanisms, said in an interview for Reuters’ global environment summit. Japan will start later this month to accept applications from companies joining in the new market, which will be floated on a trial basis.” (10/08/08)