Carbon Pricing in Japan (Economics, Law, and Institutions in Asia Pacific)

This open access book evaluates, from an economic perspective, various measures introduced in Japan to prevent climate change. Although various countries have implemented such policies in response to the pressing issue of climate change, the effectiveness of those programs has not been sufficiently compared. In particular, policy evaluations in the Asian region are far behind those in North America and Europe due to data limitations and political reasons. The first part of the book summarizes measures in different sectors in Japan to prevent climate change, such as emissions trading and carbon tax, and assesses their impact. The second part shows how those policies have changed the behavior of firms and households. In addition, it presents macro-economic simulations that consider the potential of renewable energy. Lastly, based on these comprehensive assessments, it compares the effectiveness of measures to prevent climate change in Japan and Western countries. Providing valuable insights, this book will appeal to both academic researchers and policymakers seeking cost-effective measures against climate change. Front Matter ....Pages i-xiv Expectations for Carbon Pricing in Japan in the Global Climate Policy Context (Satoshi Kojima, Kenji Asakawa)....Pages 1-21 Climate Policy in the Commercial Sector: A Survey of Commercial Buildings in Japan (Hiroki Onuma, Toshi H. Arimura)....Pages 23-43 Climate Policy in Household Sector (Jiaxing Wang, Shigeru Matsumoto)....Pages 45-60 Climate Policy in Transportation Sector: Role of Carbon Pricing (Kazuyuki Iwata)....Pages 61-78 Climate Policy in Power Sector: Feed-in Tariff and Carbon Pricing (Yukihide Kurakawa)....Pages 79-95 An Empirical Study of the Tokyo EmissionsTrading Scheme: An Ex Post Analysis of Emissions from University Buildings (Tatsuya Abe, Toshi H. Arimura)....Pages 97-116 Target-Setting Emissions Trading Program in Saitama Prefecture: Impact on CO2 Emissions in the First Compliance Period (Mitsutsugu Hamamoto)....Pages 117-127 Energy Consumption in Transition: Evidence from Facility-Level Data (Naonari Yajima, Toshi H. Arimura, Taisuke Sadayuki)....Pages 129-150 An Assessment of Carbon Taxation by Input–Output Analysis: Upstream or Downstream? (Ayu Washizu, Satoshi Nakano)....Pages 151-179 The Competitiveness Issue of the Japanese Economy Under Carbon Pricing: A Computable General Equilibrium Analysis of 2050 (Shiro Takeda)....Pages 181-196 The Economic Effects of Equalizing the Effective Carbon Rate of Sectors: An Input-Output Analysis (Makoto Sugino)....Pages 197-215 Inequalities in the Impact of the Carbon Tax in Japan (Nozomu Inoue, Shigeru Matsumoto, Minoru Morita)....Pages 217-234 Double Dividend of the Carbon Tax in Japan: Can We Increase Public Support for Carbon Pricing? (Kenji Asakawa, Kouichi Kimoto, Shiro Takeda, Toshi H. Arimura)....Pages 235-255 Back Matter ....Pages 257-265