Yes. To be clear though, the idea is already hard enough to implement, but it would be incomprehensibly hard in the JVM ecosystem. The JVM directly implements allocation decisions, but the analysis necessary for ASAP is done mostly in higher level reprensentations of code, and there is no direct API in java byte code to tell the JVM to statically allocate or reference count a specific object.

Guess so. That paper is pretty well known.