Expectations for Carbon Pricing in Japan in the Global Climate Policy Context
Realizing a decarbonized society in consistent with the Paris Agreement, a fundamental transformation of the entire economic and social system is needed, and not only carbon intensive sectors but also all sectors and all stakeholders including households
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Toshi H. Arimura Shigeru Matsumoto Editors
Carbon Pricing in Japan 123
Economics, Law, and Institutions in Asia Pacific Series Editor Makoto Yano, Research Institute of Economy, Trade and Industry (RIETI), Tokyo, Japan
The Asia Pacific region is expected to steadily enhance its economic and political presence in the world during the twenty-first century. At the same time, many serious economic and political issues remain unresolved in the region. To further academic enquiry and enhance readers’ understanding about this vibrant region, the present series, Economics, Law, and Institutions in Asia Pacific, aims to present cutting-edge research on the Asia Pacific region and its relationship with the rest of the world. For countries in this region to achieve robust economic growth, it is of foremost importance that they improve the quality of their markets, as history shows that healthy economic growth cannot be achieved without high-quality markets. High-quality markets can be established and maintained only under a well-designed set of rules and laws, without which competition will not flourish. Based on these principles, this series places a special focus on economic, business, legal, and institutional issues geared towards the healthy development of Asia Pacific markets. The series considers book proposals for scientific research, either theoretical or empirical, that is related to the theme of improving market quality and has policy implications for the Asia Pacific region. The types of books that will be considered for publication include research monographs as well as relevant proceedings. The series show-cases work by Asia-Pacific based researchers but also encourages the work of social scientists not limited to the Asia Pacific region. Each proposal and final manuscript is subject to evaluation by the editorial board and experts in the field. All books and chapters in the Economics, Law and Institutions in Asia Pacific book series are indexed in Scopus. Editorial Board Aoki, Reiko (Commissioner, Japan Fair Trade Commission, Japan) Chun, Youngsub (Professor of Economics, Seoul National University, Korea) Dixit, Avinash K. (John J. F. Sherrerd ‘52 University Professor of Economics, Emeritus, Princeton University, USA) Fujita, Masahisa (Fellow, The Japan Academy, Japan) Kamihigashi, Takashi (Director and Professor, Center for Computational Social Science (CCSS), Kobe University, Japan) Kawai, Masahiro (Project Professor, Graduate School of Public Policy, The University of Tokyo, Japan) Lo, Chang-fa (Honourable Justice, The Constitutional Court, Taiwan) Matsushita, Mitsuo (Professor Emeritus, The University of Tokyo, Japan) Nishimura, Kazuo (Professor, Research Institute for Economics and Business Administration (RIEB) and Interfaculty Initiative in the Social Sciences (IISS), Kobe University, Japan; Fellow, The Japan Academy, Japan) Yabushita, Shiro (Professor Emeritus, Waseda University, Japan) Yoshino, Naoyuki (Professor Emeritus of Keio University; Director of Financial Research Center, Financial Services Agency, Go
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