Japan needs to implement measures to lower greenhouse gas emissions and avoid a bill of as much as 1.2 trillion yen ($10.5 billion) to buy carbon credits in global markets, a government report says.
Bloomberg: Japan Needs Measures to Avert $10.5 Billion Carbon Credit Cost

Jennifer Marohasy BSc PhD has worked in industry and government. She is currently researching a novel technique for long-range weather forecasting funded by the B. Macfie Family Foundation.
What, Kyoto is too expensive? They should have thought of that first.