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               On the evening of February 21, the Global Warming Countermeasures Headquarters 
                (Chair: DPJ Vice President Katsuya Okada), met at party headquarters 
                with officials from Nippon Keidanran (Japan Business Federation) and the 
                Federation of Electric Power Companies of Japan (FEPC) to hear their 
                presentations and exchanged opinions on measures to combat global warming 
                and reduce carbon dioxide emissions. 
                              At the start of the meeting, Acting   President Kan Naoto (Countermeasures 
                Headquarters Adviser) said that "we set up a   Strategy Headquarters on this 
                issue in the belief that it is a major threat   on a par with nuclear weapons 
                and terrorism. We hope this will be a   meaningful meeting and would like to 
                hear your frank opinions." 
                              Nippon   Keidanren told the strategy headquarters that they had established 
                the   Global Environmental Charter in 1991 to reflect the importance of 
                achieving   both environmental preservation and economic growth. They also 
                explained the   desire to spread Japanese energy-conserving and low-carbon 
                technology to   other countries in the belief that all nations should 
                participate in   anti-global warming efforts. Nippon Keidanren presented with 
                concrete   examples of measures to combat global warming in the steel-making 
                industry. 
                              The FEPC reported on demand-side initiatives to improve   efficiency and 
                release less carbon dioxide, such as energy-efficient water   heaters and 
                electric vehicles, in addition to technological developments on   the supply-side. 
                              Participating DPJ members agreed on the importance of having   all countries 
                participate in measures to combat global warming and thanked   both 
                organizations for their informative and concise presentations. Some   members 
                called for precautions to ensure that emissions trading is not used   the 
                speculative purposes while other members said they would also like to   see 
                information on international coordination in the fight against global 
                warming in industries other than the steel industry. 
               Nippon Keidanren   agreed that speculative emissions trading risked 
                preventing carbon dioxide   emissions reductions.               
              (08/02/21) 
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