Prime Minister Yasuo Fukuda unveiled his new climate change initiative Monday, including an "experimental" debut of greenhouse gas emissions trading in Japan starting this fall, and also voiced his support for introduction of daylight saving time.
During a speech at the Japan National Press Club, Fukuda also said Japan will aim to cut its emissions by 60 percent to 80 percent from the current level by 2050.
But as for Japan's medium-term reduction goals, Fukuda only said he would reveal the target sometime next year. He added, however, that recent studies show it would be possible for Japan to cut its emissions by 14 percent by 2020 — equivalent to the target set by the European Union.
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