Japan needs to significantly increase its carbon tax as soon as possible in order to get on track for meeting its climate goals, according to a former senior official at the Finance Ministry.

“Carbon pricing should be made a policy priority,” Rintaro Tamaki, 68, who served as vice minister and currency chief, said in an interview. “The government should help people’s mindset change through a price signal, and get on with it quickly.”

91AV原创 current levy on fossil fuel charges ?0.76 per liter. Tamaki says that level is too low and needs to be raised significantly to encourage behavioral change among consumers.