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According to the article “Japan to subsidize energy-efficient plants” (August 19, 2010) by Leika Kihara, published on www.reuters.com. Japan’s government plans to support the domestic plants to produce clean energy and economical goods such as Lithium battery cells for electric vehicles. Another purpose of this subsidize is to straighten out the dead line of subsidy cripple at householder to acquire the energy-efficient consumer.
It will also broaden a housing loan program, which was planned to be end by this year. This will be lead to the decrease in fixed rate loans on energy efficient and quake resistant homes for the next 35 years.
In my opinion, it is very courageous for Japan to start dealing with the global warming issues seriously. Many countries are happier seeing their economic growth high while pollution is getting worse. Japan has always been the first to tackle the issue and now seeing opportunity in the crisis it has made green energy its top priority products.