Japan to extend tax breaks to green investment, low-emission cars

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Japan will extend tax breaks on low-emission cars and offer incentives to promote green investment to help Prime Minister Yoshihide Suga meet his carbon-neutral goal, according to the ruling bloc's tax reform proposal to be approved on Thursday.

FILE PHOTO: A school student holds a sign as she takes part in the global students strike for action on climate change in Tokyo, Japan, March 15, 2019. REUTERS/Kim Kyung-hoon/File Photo

Suga has vowed to cut greenhouse gas emissions to zero in 2050, bringing Japan in line with the European Union and ahead of China’s pledge to achieve the same goal by 2060. The proposal will also call for extending tax breaks on low emission cars and adopting incentives for next-generation lithium-ion batteries used in electric vehicles, they said.

The ruling coalition will also call for steps to ease the blow from the coronavirus pandemic on households and businesses, such as an extension of tax breaks on mortgages and a lower levy for jet fuel, the lawmakers said.

 

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And what about Fukushima radioactive wastewater? Still a tone of radiation ☣ there

'Save the Earth' but kill the whales...

Here's a plan DanielAndrewsMP

And then you have the tax hungry US who are charging extra taxes on green cars because they’re not spending money on gas tax.

Save the Earth (from human over population)...this is the subtext...

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