31.05.2016 - Tokyo’s cap and trade scheme goes beyond hitting the bullseye
The city-wide Tokyo Cap and Trade Program has stimulated energy efficiency in the commercial and industrial sector so effectively it has achieved double its emissions reduction goal across the 1300 properties covered, according to a recent research report. The commercial office sector outperformed all others, achieving a reduction of emissions intensity of 27 per cent by financial year 2013, compared to the year 2000 baseline. The target had been set at eight per cent by FY 2015, and 20 per cent by 2020...............................................Full Article: Source
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