Japanese oil refiner taps into blue carbon, eyeing crediting business
One of Japan’s largest oil refiners has teamed up with an international aquaculture accelerator to explore the potential of blue carbon in the country, seeking the creation of domestically issued blue credits.
Read MoreAustralia Market Roundup: Santos signs MoU on Bayu-Undan CCS, NZ hydrogen company secures NSW funding
Australian oil and gas company Santos has signed an agreement with Timor-Leste’s national oil company Timor Gap to explore cooperation opportunities on its Bayu-Undan CCS project.
Read MoreJapan assigns three companies to conduct study on overseas CCS value chain
The government of Japan has commissioned three companies to jointly conduct a feasibility study on the establishment of an overseas carbon capture and storage (CCS) value chain as part of the country’s broad decarbonisation strategy, which includes awarding carbon credits for domestic and international CCS projects.
Read MoreCross-border loans a key driver of coal investment in Global South, with risk of same trend emerging for gas -report
Cross-border loans from public banks could become a key driver of investment in gas-fired power plants in the Global South, researchers said in a report published on Wednesday that flagged signs of interest in fossil fuel financing caused by Russia’s war of aggression against Ukraine.
Read MoreJapanese energy firm enters Australian carbon market
A Tokyo-listed industrial gas and hydrogen supplier has teamed up with a government-backed forestry company in Western Australia for a forestry project in the hope of acquiring carbon credits abroad.
Read MoreJapanese telecom company latest to target domestic offsets from paddy rice cultivation projects
A major telecommunication company in Japan has become the latest in the country to initiate an offset generation initiative that can reduce emissions from paddy rice cultivation, based on a newly announced methodology under the domestic scheme.
Read MoreAir carrier ANA inks carbon removal credit offtake with Texas direct air capture project
Japan-based airline ANA on Tuesday announced it will purchase tens of thousands of tonnes of carbon removals from a direct air capture project in the Lone Star State.
Read MoreJapanese power company launches J-Credit generation services for solar power operators
A power company in Japan has introduced a self-consignment service for businesses to generate domestically issued J-Credits from solar projects, the first of its kind in the country, aiming to streamline the credit creation process.
Read MoreSouth Korea joins Japan in raising concerns over Australia’s Safeguard Mechanism
South Korea has joined Japan in expressing concern over how Australia’s strengthened Safeguard Mechanism will impact current and future LNG projects it has invested in.
Read MoreJapanese firms strike carbon credit marketing deals with Kenyan developer
Two major Japanese companies have signed MoUs with a carbon project developer in Kenya to fund the expansion of its business and market a share of the resulting carbon credits to buyers in Japan and elsewhere in the Asia-Pacific.
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