(Carbon Positive News) – Japan is the latest developed nation to see emissions trading plans delayed but has vowed to see legislation passed in time for the UN climate conference in Mexico at the end of the year.

The government has conceded it would not get climate legislation passed on schedule through the upper house in the current session of parliament ending this week. A mandatory emissions trading scheme is an important plank in the ruling Democratic Party of Japan’s climate change policy which has ambitious targets to cut greenhouse emissions by 25 per cent below 1990 levels by 2020.

The United States and Australia have also seen government-supported cap and trade schemes run into trouble in the upper houses of their federal legislatures. Australia has put off its scheme until at least 2013 while the Obama administration is trying to rescue chances for the passing of a climate and energy bill in the US Senate this year amid fading hopes.

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