Japan seen shelving carbon emission trading scheme

Newswire

* Japan ruling party likely to stall CO2 trade plan -analysts * Party under intense pressure from business groups * Worries over costs, recovery from economic downturn By Kiyoshi Takenaka TOKYO, Dec 22 (Reuters) - Japan is likely to shelve a plan to introduce carbon emissions trading as the troubled ruling Democratic Party bows to powerful business groups still recovering from a costly downturn. If confirmed, it would be a massive reversal by the party, which has backed one of the ...

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