Japan's parliament has officially passed a new law requiring hundreds of major firms to participate in a carbon emissions trading system starting in April 2026, according to Anadolu Agency.
The legislation is part of Japan's broader climate strategy and applies to companies emitting 100,000 tons or more of carbon dioxide annually. These firms must now join the Green Transformation-Emissions Trading System, designed to curb industrial greenhouse gas output.
The Japanese government estimates that the corporate sector is responsible for nearly 60% of the country’s greenhouse gas emissions. Under the newly revised law, between 300 and 400 companies will be obligated to take part in the system.
The trading mechanism will set a maximum emission allowance for each participant. If companies exceed their limit, they will need to purchase carbon credits from the market. Those with emissions below their allowance can sell surplus credits, creating a financial incentive to reduce emissions further.
The move signals a strong policy shift in Japan’s climate action, placing clear responsibility on large-scale emitters to contribute to national and global decarbonization efforts.
Japanese Prime Minister Shigeru Ishiba said that he exchanged views on tariff issues with U.S. President Donald Trump by phone on Thursday.
Foreign investors continue to retreat from Japan's long-term bonds for a fourth week, amid inflation and fiscal uncertainty, while stock markets remain a bright spot.
Japan has lost its decades long status as the global top creditor to Germany. A recent report suggests that a weakening yen, appreciating euro and American tariffs are responsible.
Despite pledging to halt fossil fuel funding at the 2022 G7 summit, Japan has continued pouring billions into LNG projects, prompting accusations of greenwashing and undermining its climate leadership in Asia.
Japan is considering more favorable terms for offshore wind developers, including longer project durations and regulatory changes, as it struggles to revive its ambitious renewable energy plans amid rising global costs and industry pullbacks.
Wildfires raging across Manitoba have led to a state of emergency and forced 20,000 people to evacuate, Premier Wab Kinew said Wednesday, calling it the largest evacuation the province has seen in recent memory.
Ukrainian President Volodymyr Zelenskyy accused Russia on Thursday of failing to deliver a promised peace memorandum more than a week after it was expected, calling Moscow’s delay a deliberate attempt to sabotage negotiations.
President Donald Trump is set to declare Syria no longer a state sponsor of terrorism, US envoy Thomas Barrack said Thursday during his visit to Damascus.
NATO Military Committee Chairman Admiral Giuseppe Cavo Dragone said on Wednesday that Türkiye will play a crucial role in the peace process between Russia and Ukraine, highlighting the country’s importance to the alliance.
A federal appeals court on Thursday granted the Trump administration’s request to temporarily reinstate most of Donald Trump’s sweeping tariffs, pausing a lower court ruling that had struck them down.
AnewZ takes to the streets of Yerevan and Baku to ask a simple yet deeply complex question: How do you see peace between Armenia and Azerbaijan? In the first part of our special report, we hear the hopes, doubts, and scars still shaping people’s perspectives on both sides.
On May 28, the inauguration ceremony of Lachin International Airport was held.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Kyiv faced a large-scale Russian drone and missile assault overnight, with explosions and gunfire echoing throughout the city, forcing residents to shelter in subway stations.
Wildfires raging across Manitoba have led to a state of emergency and forced 20,000 people to evacuate, Premier Wab Kinew said Wednesday, calling it the largest evacuation the province has seen in recent memory.
Ukrainian President Volodymyr Zelenskyy accused Russia on Thursday of failing to deliver a promised peace memorandum more than a week after it was expected, calling Moscow’s delay a deliberate attempt to sabotage negotiations.
President Donald Trump is set to declare Syria no longer a state sponsor of terrorism, US envoy Thomas Barrack said Thursday during his visit to Damascus.
NATO Military Committee Chairman Admiral Giuseppe Cavo Dragone said on Wednesday that Türkiye will play a crucial role in the peace process between Russia and Ukraine, highlighting the country’s importance to the alliance.
A federal appeals court on Thursday granted the Trump administration’s request to temporarily reinstate most of Donald Trump’s sweeping tariffs, pausing a lower court ruling that had struck them down.
Wildfires raging across Manitoba have led to a state of emergency and forced 20,000 people to evacuate, Premier Wab Kinew said Wednesday, calling it the largest evacuation the province has seen in recent memory.
Ukrainian President Volodymyr Zelenskyy accused Russia on Thursday of failing to deliver a promised peace memorandum more than a week after it was expected, calling Moscow’s delay a deliberate attempt to sabotage negotiations.
President Donald Trump is set to declare Syria no longer a state sponsor of terrorism, US envoy Thomas Barrack said Thursday during his visit to Damascus.
NATO Military Committee Chairman Admiral Giuseppe Cavo Dragone said on Wednesday that Türkiye will play a crucial role in the peace process between Russia and Ukraine, highlighting the country’s importance to the alliance.
A federal appeals court on Thursday granted the Trump administration’s request to temporarily reinstate most of Donald Trump’s sweeping tariffs, pausing a lower court ruling that had struck them down.
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