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.
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U.S. negotiators Steve Witkoff and Jared Kushner will visit Russia then Ukraine over the weekend, Russian state news agency TASS has reported, citing an unnamed source. Ukrainian President Volodymyr Zelenskyy has also said American envoys will visit the capitals of both countries.
U.S. negotiators Steve Witkoff and Jared Kushner have arrived in Moscow for peace talks on the Russia-Ukraine conflict, two people familiar with the matter said. They were met by Russian Presidential Envoy Kirill Dmitriev.
U.S. efforts to squeeze Iran’s economy through an oil blockade and sanctions are becoming increasingly difficult for Tehran to withstand, according to three senior Iranian sources. Washington is escalating pressure in hopes of securing concessions in future negotiations.
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An Iranian tanker was hit by U.S. forces on Saturday near Iran's key oil export hub, Kharg Island, in the Gulf, the semi-official Iranian news agency Tasnim reported.
A Chinese national was pulled alive from a tunnel in Nepal on Saturday, authorities said, 10 days after a wall of ice, rock and mud tore through a Himalayan valley, killing more than 1,300 people and leaving more than 5,600 missing.
U.S. negotiators Steve Witkoff and Jared Kushner have arrived in Moscow for peace talks on the Russia-Ukraine conflict, two people familiar with the matter said. They were met by Russian Presidential Envoy Kirill Dmitriev.
Spanish authorities are preparing a new site in Ceuta to accommodate hundreds of migrants who remain on the streets following large-scale arrivals in July, local media reported Saturday.
At least two people were killed and dozens injured on Friday after an explosion at a military barracks in the Bolivian municipality of Viacha, about 30 km (20 miles) from La Paz, Defence Minister Ernesto Justiniano said.
The resolution, sponsored by African countries and led by Togo, passed by 164 votes to one, with six abstentions. The United States was the only country to vote against it.
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