Japan Needs Innovation to Decarbonize, Minister Says

The transcript discusses Japan's current tax system, emphasizing the need for innovation and consensus to implement a carbon tax. It highlights the challenges of gaining public support due to upcoming elections. The discussion shifts to COP 26, where Japan played a significant role in reaching a consensus on the 1.5-degree goal. The transcript concludes with Japan's potential to upgrade its carbon emission goals and the historical success of COP 26.

What is the main reason Japan needs to innovate its tax system according to the first section?

• To increase government revenue

• To improve international relations

• To support decarbonization efforts

• To reduce public spending

Why is the term 'carbon pricing' avoided in the political context discussed in the second section?

• It might cause confusion during the election period

• It is not supported by the government

• It is not well understood by the public

• It is already implemented

What was a significant outcome of COP26 as mentioned in the third section?

• A new tax system was introduced

• Countries agreed on a 2-degree target

• Consensus on market mechanism rules was achieved

• Japan withdrew from the agreement

How did Japan contribute to the success of COP26?

• By proposing a new draft for market mechanisms

• By increasing its carbon emissions

• By opposing the 1.5-degree target

• By reducing its environmental tax

What was the British desire highlighted at COP26?

• To implement a new carbon tax

• To increase trade with Japan

• To keep the 1.5-degree target alive

• To reduce taxes