Japan set ambitious 2050 goals, feed-in tariffs
Japan seems to become pretty serious about climate change as it will soon make official a law mandating for 80 percent cuts of greenhouse gases emissions by 2050 (compared to 1990, just in line with IPCC recommendations)
Not totally unrelated to these most commendable goals, the country enacted generous feed-in tariffs for solar, wind and geothermal. This takes place in a country which recently took the decision to close its nuclear reactors.
Let us hope the feed-in tariffs won’t lead to another boom and bust market and that the country will gives itself the means to reach those ambitious goals…