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conferenceseries
.com
Volume 8, Issue 10 (Suppl)
J Earth Sci Clim Change, an open access
ISSN: 2157-7617
Climate Change 2017
October 19-21, 2017
CLIMATE CHANGE
October 19-21, 2017 | Rome, Italy
4
th
World Conference on
The key issues in optimizing policy instruments for commercializing carbon capture and storage in
Japan
Akihiro Nakamura, Yanagi Kenichiro
and
Komatsu Eiji
Meiji University, Japan
T
his article is a part of our Japanese Government funded research project, which is to develop a comprehensive policy
and legal framework for commercializing Carbon Capture and Storage (CCS) in Japan. In November 2016, the Japanese
government signed the Paris agreement. Japan is now aiming at achieving the GHG reduction target of 26% by 2030 below
2013 level. The government also targets an 80% reduction of GHG emissions by 2050. The government has acknowledged CCS
can play a significant role in potentially reducing a large amount of CO2 domestically, which could reduce 7.1 billion tonnes
of CO
2
by 2050. This would allow the country to achieve approximately 21% of potential contribution to reduce CO
2
. Thus,
the future CCS deployment associated with an appropriate legislative framework in Japan will create potential benefits and
meet Japan’s climate policy goals. However, to date, a number of the CCS leading nations and regions have been struggling
with their failures in policy design such as the United States, the United Kingdom and the European Union (e.g. the lack of
financial support for CCS development in the EU primarily incorporated with EU-ETS (Emission Trading Scheme). This
article addresses a framework for optimizing policy instruments and will discuss the key issues of the relevant policy mix and
instrument selections in order to successfully promote and regulate the future CCS industry in Japan. Throughout this study, a
framework is proposed for optimizing policy instrument selections and identifying potential barriers to the relevant selection
of the instruments by using the appropriate literature (see table 1). Accessing relevant literature, we have proposed a framework
for optimizing a policy mix approach and have addressed the key issues for our future study.
Biography
Akihiro Nakamura is a Research Fellow at Centre for Environmental Law, Meiji University, Japan and Adjunct Researcher working with Associate Professor Kate
Crowley, School of Social Sciences, University of Tasmania, Australia. He completed his Graduation with PhD in Public Policy from the University of Tasmania,
and has also considerable experience in these fields both in Australia and Japan. His research expertise is in the field of policy instrument analysis in relation to
climate change policy.
akihiro_nccs16@meiji.ac.jpAkihiro Nakamura et al., J Earth Sci Clim Change 2017, 8:10(Suppl)
DOI: 10.4172/2157-7617-C1-036