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
Climate change in Europe their climate change emissions from coal during 2000-2008. There is in place national legislation, international agreements and EU directives. The EU directive 2001/77/EU promotes renewable energy in electricity production. The climate sub programme will provide €864 million in co-financing for climate projects between 2014 and 2020. Its main objectives are to contribute to the shift towards a low carbon and climate resilient economy and improve the development, implementation and enforcement of EU climate change policies and laws. British government and economist Nicholas Stern published the Stern report in 2006. The Review states that climate change is the greatest and widest-ranging