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Energy

Japan to trade credits for carbon cut by individuals at home

Tepco and SoftBank among backers of blockchain system launching this month

Japan's feed-in tariff system will be phased out starting in November.

TOKYO -- Japanese consumers who power their homes with solar panels installed on their roofs will be able to sell credits for reducing carbon dioxide emissions under a framework set to launch this month, Nikkei has learned.

Companies backed by the likes of Tokyo Electric Power Co. Holdings and SoftBank Corp. will set up the online trading system, with the goal of further spreading renewable energy by assigning monetary value to carbon reductions.

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