๐ The Scoop
Japanโs commitment to achieve net zero emissions by 2050 will likely require substantial carbon pricing. Corporates appear to be able to absorb a sharp increase in carbon taxes on average, but there is a substantial weak tail of firms that could face financial stress. The analysis underscores the need to align the private sector and public policies with Japanโs climate targets to ensure a smooth transition to net zero.
Genre: Business & Economics / Money & Monetary Policy (fancy, right?)
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