This document presents the draft benchmark methodology for emissions trading system implementation in Japan's manufacturing sector. The working group deliberated on greenhouse gas emission benchmarks for key industries including petroleum refining, naphtha crackers, and paper manufacturing.
The benchmark setting process involves establishing reference standards for emissions intensity across different industrial processes, enabling fair allocation of emission allowances under the planned emissions trading system. Industry representatives provided input on current operational challenges and technical constraints.
Key considerations include:
- Industry-specific production processes and emission patterns
- Technological feasibility of emission reductions
- International competitiveness and carbon leakage concerns
- Implementation timeline and compliance mechanisms
The draft benchmarks will undergo further consultation before finalization, ensuring they reflect both environmental ambitions and practical implementation considerations for affected industries.