TOKYO -- Japan will put the introduction of a carbon emissions surcharge on hold, abandoning plans to include it in fiscal 2023 tax reform as it seeks to avoid adding to the burden on companies and consumers already struggling with skyrocketing energy costs.
Climate Change
Japan shelves carbon tax as energy prices soar
Lawmakers weigh emissions trading and power surcharge to fund green transition
Japan will wait on introducing a carbon tax in light of soaring energy prices caused by Russia's invasion of Ukraine and the weak yen.
Read Next
.JPG?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
Latest on Climate Change
