Asia

| Sourced From Ibtimes.com |

Nissan Motor Co. will unveil its new electric car on August 2 in Japan but just as a prototype, according to British site AutoCar.

[click to continue...]

| Sourced From Environmental-expert.com |

Japan has approved its first set of domestic carbon credits, authorising three energy efficiency projects designed to cut annual carbon emissions by an estimated 990 tonnes.

[click to continue...]

| Sourced From Koreaherald.co.kr |

GS Caltex, a Korean refinery, will transfer engineering techniques on reducing carbon emissions and increasing energy efficiency to a state-run oil company in Oman, the company said yesterday.

[click to continue...]

| Sourced From Thenews.com |

ISLAMABAD: Paul Ross, the resident chief of the International Monetary Fund (IMF) in Pakistan, said on Monday that the imposition of fixed carbon surcharge on petroleum products was the choice of the government to generate revenues and the IMF did not impose it as a condition under the standby arrangement (SBA).

[click to continue...]

| Sourced From Khaleejtimes.com |

ABU DHABI - Abu Dhabi Future Energy Company, or Masdar, signed a framework agreement with Bahrain’s National Oil and Gas Authority on Monday to develop carbon emission reduction projects and monetise carbon reductions under the Kyoto Protocol’s Clean Development Mechanism or CDM.

The partnership provides a framework for cooperation under which Masdar will work alongside NOGA to identify, study and develop CDM projects within the oil and gas sector in Bahrain.

[click to continue...]

| Sourced From Thenews.com.pk |

ISLAMABAD: Pakistan has vast potential for carbon credit in sugar and cement industries and the ministry of environment is making all possible efforts to realise this potential.

Being a party to Kyoto Protocol, Pakistan is eligible to benefit from the projects under Clean Development Mechanism (CDM) and exploring carbon credit potential in different industries.

[click to continue...]

TOKYO, June 19 (Reuters) - The Japanese government on Friday approved the first set of domestic carbon credits generated from energy-saving projects at small businesses to help contain the country’s greenhouse gas emissions under the Kyoto Protocol.

Continue Reading on Reuters

| Sourced From News.xinhuanet.com |

BEIJING, June 19 (Xinhua) — Asia’s first regional low-carbon forum kicked off here Friday with a call for more cooperation among Asia-Pacific nations in the development of a low-carbon economy.

Delegates pushed for stronger regional ties, specifying that much more needs to be done to advance low-carbon research, promote renewable energy in the Asia-Pacific, and establish an evaluation benchmark system.

[click to continue...]

| Sourced From Ft.com |

Bluenext, Europe’s largest carbon credit exchange, is planning to set up a joint venture with China Beijing Environmental Exchange, in a sign that foreign players are positioning themselves for a fight over running secondary carbon trading in China once Beijing allows the launch of such a market.

“We are aiming at launching a joint venture, which would also direct us to other countries, not only to China,” Serge Harry, Bluenext chief executive, told the Financial Times.

[click to continue...]

| Sourced From Wheelsunplugged.com |

Mazda Motor Corporation announced the successful launch of the newly developed Aqua-tech Paint System for vehicle body painting at its Ujina Plant No.1 in Japan. The innovative new technology achieves the world’s highest standards for limiting emissions of volatile organic compounds (VOC) contained in paint as well as carbon dioxide (CO2) gas generated from the energy consumed during the vehicle painting process.

[click to continue...]

| Sourced From Greeninc.blogs.nytimes.com |

An offer by Prime Minister Taro Aso of Japan this week to cut emissions by 15 percent compared with 2005 levels by the end of the next decade prompted an immediate outpouring of dismay from United Nations climate officials, European Union policy makers and environmentalists.

[click to continue...]

| Sourced From Guardian.co.uk |

BEIJING, June 12 (Reuters) - China must stop chasing “low-hanging fruit” and instead use world carbon trading initiatives to achieve more effective CO2 cuts, a European Union delegation representative told Reuters on Friday.

With the first phase of the Kyoto Protocol set to expire in 2012, the international community is now locked in talks on a new climate change accord, and the E.U. is pushing China to reject easy and low-cost options like the elimination of industrial gases, Magnus Gislev, first secretary with the European Commission delegation in Beijing, said.

[click to continue...]

| Sourced From Google.com |

BONN, Germany (AP) — Japan unveiled a new target Wednesday for reducing greenhouse gas emissions 15 percent by 2020, but the plan was slammed by environmentalists and the U.N. climate chief as leaving the industrial world dangerously short of its pollution goals.

Prime Minister Taro Aso said in Tokyo the plan was ambitious and in line with efforts by the United States and Europe to trim carbon emissions over the next decade. He said Japan calculated its target on a 2005 base year — but environmentalists said that move was designed to deliberately mask the real effect of the Japanese cut.

[click to continue...]

| Sourced From Insidejapantours.com |

Japan hopes to cut its greenhouse gas emissions by 15 per cent from 2005 levels over the next 11 years.

Prime minister Taro Aso made the announcement at a press conference today and described this target as “ambitious”.

[click to continue...]