Nuclear resurgence locked and loaded as SMRs lead the way to a new finance era -IEA
Nuclear energy is set to see a resurgence for a complex conflagration of drivers including decarbonisation plans coupled with the need for reliable baseload power, new electricity demand from the computing sector, nations’ interest in energy self-sufficiency, and a projected fall in costs for new types of nuclear energy like small modular reactors (SMRs), according to the International Energy Agency (IEA).
Read MoreJapanese player partners with coal miner for SAF project
A Japanese conglomerate is partnering with a coal miner and an agricultural startup in a further step toward sustainable aviation fuel (SAF) in Australia this week, with a view to earning carbon credits.
Read MoreCountries must standardise MRV systems to scale carbon removals -report
Governments should align their measurement, reporting, and verification (MRV) frameworks to streamline global carbon removal (CDR) efforts, according to a recent Japan-sponsored report.
Read MoreBeverage giant launches third round of APAC emissions reduction innovation grant programme
A global food and beverage multinational has kicked off its third annual sustainability incubator programme, offering grants to pilot projects focussed on sustainable agriculture, climate tech, and GHG emissions reduction.
Read MoreEU’s CBAM to face legal scrutiny under WTO rules, Japan finmin report portends
The EU’s recently enacted Carbon Border Adjustment Mechanism (CBAM), designed to prevent carbon leakage and support the bloc’s ambitious climate goals, faces potential legal challenges under World Trade Organization (WTO) rules, according to a new analysis published by Japan’s Ministry of Finance.
Read MoreJapan, Indonesia adopt CCS/CCUS regulations, approve new methods at Joint Crediting Mechanism meeting
Indonesia and Japan at a recent meeting adopted guidelines for carbon capture, utilisation, and storage (CCS/CCUS) projects under the latter’s Joint Crediting Mechanism (JCM), as well as approving seven new eligible crediting methodologies.
Read MoreJapan to ramp up renewables, give place to CDR in energy and climate strategy
Japan has released the draft version of its 7th Energy Basic Plan, proposing to ramp up the share of renewables in its energy mix while saying carbon dioxide removal (CDR) will be needed to offset emissions it can’t otherwise eliminate.
Read MoreJapanese shipping firm signs five-year offtake deal for credits from US DACCS project
A Japanese shipping firm has agreed a five-year deal to buy credits from a Direct Air Capture with Carbon Storage (DACCS) project in the US, using petroleum company ENEOS as a middle man.
Read MoreJapan, Philippines reject firewood cookstove methodology for JCM
The joint committee (JC) regulating the Japan-Philippines Joint Crediting Mechanism (JCM) has rejected two proposed methodologies amid concerns they might lead to over-crediting, including one for high-efficiency firewood cookstoves.
Read MoreJapanese exchange to list J-Blue credits
A Tokyo-based firm will soon list J-Blue credits on its carbon credit exchange in a bid to provide high quality credits to the market, it announced Tuesday.
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