Japan
Country indicators
Fossil fuel subsidies (USD, billions):
Fossil fuel subsidies with externalities (% of GDP):
News
EU Unveils Planned Carbon Tax on Imports Amid U.S., Japanese Concerns
protect the EU’s domestic industry from carbon leakage, when goods that would normally be bought locally are instead imported from companies that don’t face the same emissions regulations. The United States and Japan have voiced concerns about the planned tax.
EU’s border tax gives countries 5 years to clean up industries or face penalties
Unpopular among the bloc’s trading partners, countries are seeking exemptions to the carbon levy, as Brussels hints alternatives to pricing may be considered to dodge the tax The European Union
G7 Governments: End Fossil Fuel Subsidies
G7 member countries should take immediate and concrete action to end fossil fuel subsidies, Human Rights Watch said in a question-and-answer document released today. Ending these subsidies is key to countries meeting
Reports
Taxing Energy Use 2015 (OECD)
This OECD report provides a systematic analysis of the structure and level of energy taxes in OECD and selected partner countries, which together cover 80% of global energy use. The
OECD-IEA inventory of fossil fuels and other support
The OECD-IEA Inventory of Support Measures for Fossil Fuels provides updated fossil fuel support data for 34 OECD member countries and six partner countries, including a number of measures applied