Subscribe to our free daily newsletters
  Space Travel News  

Subscribe to our free daily newsletters

Japan to fund emission-curbing projects across Asia: report

by Staff Writers
Tokyo (AFP) Aug 12, 2007
Japan plans to invest in emission-curbing projects in developing Asian nations in exchange for credits that add to its own anti-global warming effort, a press report said Sunday.

The Ministry of the Environment aims to obtain 3.5 million tonnes worth of emission credits through the investment, the major Japanese daily Yomiuri Shimbun said.

The Kyoto Protocol, a landmark pact against global warming, allows industrialised nations to lighten their commitments to reduce harmful greenhouse gases by investing in gas-cutting projects in developing countries.

Under the protocol's clean development mechanism (CDM), industrialised nations can count the gas cuts through such projects as reductions in their own emission-curbing targets.

The ministry is due to select six projects for the investment among eight projects planned in five countries, the daily said.

Some private Japanese companies, including trading houses and power utilities, have already invested in CDM projects. They include the manufacture of fuel by processing cocunut shells in Indonesia, development of a diesel substitute from a vegetable oil in India, collection of methane gas from drainage of tapioca plants in Thailand and recycling of urban garbage in Vietnam, the report said.

The ministry plans to seek 1.5 billion yen (12.7 million dollars) for the year from April 2008 in going ahead with CDM projects, the daily said.

Under the Kyoto Protocol, Japan has committed to cut its annual greenhouse gas emissions to 1,180 million tonnes in five years from 2008, down from the 2005 level of 1,360 million tonnes, the daily said.

A government panel called on the nation last month to step up efforts to cut greenhouse gas emissions, warning the homeland of the Kyoto Protocol was on course to miss its own obligations.

Japan is obligated by the protocol to reduce emissions by an average of six percent between 2008 and 2012 compared with 1990 levels.

Japan's emissions rose eight percent in the financial year to March 2006 as the world's second largest economy enjoys a record expansion after recession in the 1990s.

Related Links
Powering The World in the 21st Century at

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

British officials say no chance of hitting renewables target: report
London (AFP) Aug 13, 2007
British officials have told government ministers that the country has no chance of meeting its commitments under European Union plans to raise the proportion of energy made from renewable sources by 2020, The Guardian reported on Monday.

  • NASA Awards First Stage Contract For Ares Rockets
  • UC Experts Detail New Standard For Cleaner Transportation Fuels
  • Indigenous Cryogenic Stage Tested For Eight Minutes
  • Ecliptic Celebrates A Decade Of Successful RocketCam Launches

  • ILS to Launch Inmarsat Satellite On Proton Vehicle Next Spring
  • Russian Proton-M Rocket To Launch Japanese Telecoms Satellite
  • A Double Transfer At The Spaceport For The Next Two Ariane 5 Launchers
  • European Automated Space Truck Arrive At South American Spaceport

  • NASA weighs repair to shuttle, extends mission by 3 days
  • Damage to Endeavour appears less serious
  • NASA to take close look at Endeavour shield damage
  • Endeavour mission hit by apparent shuttle damage

  • Astronauts prepare for first spacewalk of Endeavour mission
  • Astronauts To Conduct Study Of Bacterial Growth In Space
  • Progress Cargo Ship With Computer Equipment Docks With ISS
  • Progress 26 To Dock Sunday At Station

  • NASA Seeks Launch Logistics Help
  • Historic Phoenix Mars Mission Flies Actel RTAX-S Devices
  • Spaceport America Design Team Selected
  • Making the Transition From Shuttle To Constellation

  • China Trains Rescue Teams For Third Manned Space Program
  • Chinese Astronauts Begin Training For Spacewalk
  • China Prepares To Select New Taikonauts
  • Dongfanghong 4 Ready For More International Satellite Orders

  • Successful Jules Verne Rendezvous Simulation At ATV Control Centre
  • Robotic Einstein Wows Spanish Technology Fair
  • Robotic Ankle For Amputees Is Developed
  • iRobot Receives New Military Orders 14 PackBot Robots

  • Phoenix Adjusts Course Successfully For Journey To Mars
  • What Makes Mars Magnetic
  • Helping Phoenix Land
  • Brighter Skies Lifts Rover Spirit As MER-A Gets Active

  • The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement