Climate change in Japan of crude oil annually must reduce emissions by 15–20% of the average volume from the three years before this bylaw. Even with emissions trading or cap-and-trade, if the targeted reduction not is achieved by 2020, a penalty of up to JPY500,000 will be charged. This penalty chargeable regulation is the first in Japan. Japan created the Kyoto Protocol Target Achievement Plan to lay out the necessary measures required to meet their 6% reduction commitment under the Kyoto Protocol. It was first established as an outcome of the evaluation of the Climate Change Policy Program carried out in 2004. The main
2011 United Nations Climate Change Conference said: "I salute the countries who made this agreement. They have all laid aside some cherished objectives of their own to meet a common purpose, a long-term solution to climate change." Kumi Naidoo of Greenpeace International said: "Right now the global climate regime amounts to nothing more than a voluntary deal that's put off for a decade. This could take us over the 2 °C threshold where we pass from danger to potential catastrophe." U.S. Senator Jim Inhofe, who opposes government energy regulations such as cap-and-trade and has called man-made climate change a hoax, cheered what he called the setting