Japanese agricultural lender to promote seaweed feed additives, cut methane emissions

Published 11:14 on March 25, 2024  /  Last updated at 11:14 on March 25, 2024  / Chia-Erh Kuo /  Asia Pacific, Japan, Voluntary

A major agricultural lender in Japan has teamed up with two domestic partners to promote the commercialisation of cow feed additives using red seaweed, aiming to reduce methane emissions from cow burps and restoring marine ecosystems.

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EU carbon pricing policies could transform, bifurcate global LNG trade -consultancy

Published 19:40 on March 22, 2024  /  Last updated at 00:44 on March 23, 2024  / Mike Szabo /  Americas, Asia Pacific, Carbon Taxes, CBAM, EMEA, EU ETS, International, Japan, Shipping, South Korea, US, Voluntary

The global LNG market is at risk of major transformation and possible bifurcation if the EU extends its carbon pricing policies to include imports of the fuel, according to a major global consultancy.

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Japan updates carbon offset guidelines to align with international standards, selects latest JCM projects

Published 09:49 on March 22, 2024  /  Last updated at 09:49 on March 22, 2024  / Chia-Erh Kuo /  Asia Pacific, International, Japan, Other APAC, Voluntary

Japan has updated its guidelines to provide more clarity on the quality of offsets, as the country seeks to align its domestic framework with international efforts to improve the integrity of the voluntary carbon market.

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Asian steelmakers seek to weaken EU’s CBAM, lobbying study finds

Published 22:00 on March 20, 2024  /  Last updated at 10:47 on March 20, 2024  / Rebecca Gualandi /  CBAM, Climate Talks, EMEA, EU ETS, International, Japan, South Korea

Japanese and Korean steel industries appear to be actively lobbying the EU and other institutions to weaken the carbon border adjustment mechanism’s ambition, according to analysis by a think-tank.

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Automakers can set 1.5C-aligned targets for cars on the road, with new SBTi guidance

Published 11:36 on March 20, 2024  /  Last updated at 12:26 on March 20, 2024  / Sara Stefanini /  Americas, Asia Pacific, Canada, EMEA, International, Japan, South Korea, US, Voluntary

Automakers can now align voluntary emissions reductions from their largest source of pollution — people driving their vehicles — with a pathway to limiting global warming to 1.5C, based on revised guidance released Wednesday by the Science Based Targets initiative (SBTi). 

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Global trading house, Japanese gas supplier team up for Asian nature-based projects

Published 09:07 on March 19, 2024  /  Last updated at 09:07 on March 19, 2024  / Chia-Erh Kuo /  Asia Pacific, Japan, Nature-based, Other APAC, Voluntary

The carbon arm of an international commodities trader has partnered with one of Japan’s largest gas suppliers to grow their offset portfolios, eyeing nature-based solutions in Asia.

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Two groups sign on for low carbon, synthetic fuel collaborations

Published 05:50 on March 19, 2024  /  Last updated at 05:50 on March 19, 2024  / Helen Clark /  Asia Pacific, Australia, International, Japan

There has been another step towards low-carbon fuels this week, as two groups signed agreements to develop e-fuels, or synthetic replicas of traditional fossil fuels made with captured CO2 and renewable energy.

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US, Japanese gas giants join for CCS study

Published 05:48 on March 19, 2024  /  Last updated at 05:48 on March 19, 2024  / Helen Clark /  Asia Pacific, Australia, International, Japan

Chevron and JX Nippon Gas have signed a non-binding agreement to look at capturing CO2 in Japan and sending it to Australia and other nearby nations for permanent sequestration.

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VCM Report: Low price trade dominates voluntary carbon market as liquidity thins ahead of CCPs arrival

Published 16:39 on March 18, 2024  /  Last updated at 16:39 on March 18, 2024  / Paddy Gourlay /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, South Korea, Switzerland, US, Voluntary

Over-the-counter trade seems to have slowed in the voluntary carbon market and retirement levels have fallen ahead of the much-anticipated announcement at the end of the month of the first methodologies that will qualify for the Core Carbon Principles (CCPs) stamp of high integrity.

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J-Credit holders asked to suspend trading while regulator sorts out registry data mix-ups

Published 03:37 on March 18, 2024  /  Last updated at 03:37 on March 18, 2024  /  Asia Pacific, Japan

Holders of J-Credits from five projects registered under the scheme have been asked to not carry out any trades until faulty information in the scheme’s registry regarding their projects have been corrected.

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