In September 2012, The Japan Times reported that the
Japanese government is to introduce a new tax to curb carbon emissions. It is expected to generate revenue of 262 billion Japanese yen (JPY) (USD2.7 billion) from fiscal year 2016.1
Also in 2012, China announced increases in resource taxes on six minerals, including iron and tin ore. Reports attributed the increases to China’s policy objective of conserving domestic mineral resources and the environment.2
In February 2013, the US Department of Energy announced USD150 million in Advanced Energy Manufacturing Tax Credits for clean energy and energy efficiency manufacturing projects across the US.3