Japan’s mills join hands for carbon trading

Dec 15, 2008 | 11:30 AM |

Japanese steelmakers said they are to join the newly launched domestic carbon trading scheme as a group, rather than as individual companies, as they attempt to cut the sector's carbon dioxide emissions by 9 percent in 2008 to 2012 compared with 1990 levels.

The Japan Iron and Steel Federation, which brings together 130 steelmakers and traders, said its industry-wide efforts to cut emissions had led to the joint application.....

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