Japanese ratification of the Kyoto Protocol

This paper discusses Japan's quantitative Kyoto target in the context of the country's socio-economic and political background and its desire to express international leadership. Japan's initial negotiating target was developed as a compromise between domestic industrial considerations and its international ambitions, and was strengthened further under the pressures to achieve success at Kyoto. The original projections relied heavily upon nuclear expansion that will not be realized. Though economic stagnation has helped emissions to decline from their mid-1990s peak, it has also reduced the attention devoted to climate change and the willingness to bear costs, and Japan's commitment remains daunting. Japanese bureaucrats and diplomats are called to work closer together and in an integrated manner in order to develop a new, more realistic policy package for achieving their target. This report analyses various scenarios for additional policies for Japan, including fuel switching, carbon taxation and emissions trading, and concludes that the introduction of gas in the context of energy market liberalization is a key possibility. It also considers the sink and the nuclear energy issues both of high importance for the country.