The Japanese government will provide subsidies to 153 corporate investment projects that aim to contribute to reducing carbon dioxide emissions in the country.
As part of its emergency economic stimulus measures compiled last September, the government will subsidize domestic investment projects by up to 180 million dollars each. The assistance will target such projects as the construction of a factory that will manufacture lithium-ion batteries for electric cars.
The Economy, Trade and Industry Ministry has selected 153 projects as recipients of the subsidies from 285 applications. The selected projects include a battery maker's program to build a new plant and an electronics company's plan to boost production of semiconductors.
The government earmarked a budget worth about 1.3 billion dollars for such subsidies while the amount of such corporate investment projects totals about 6.4 billion dollars. Officials say the projects are expected to create about 95,000 jobs and that the economic effect will be larger than the amount of money spent on subsidies.
Mon, 27 Dec 2010
NHK World: 153 eco-friendly projects to get subsidies
Do we really believe these government projects will help this country become more "eco-friendly" as they say? I would like to think so.
The companies are putting some serious cash on the table.
Nikkei is the news source for anyone who seriously cares about economic trends in this part of the world.
It is all in Japanese, but if that is not an issue, you know that all the major companies here have CSR reports in English.
ECO JAPAN is the website if you want to keep up with such stories.
If you think Japan is a leader in ways to create a sustainable future, you had better pay attention to news from companies here.
They invite you to subscribe to a number of different mail services, and a mail magazine.
Nikkei Ecology is a new magazine, published from Dec. 12, 2010. Top stories include Access and Benefit Sharing (a major issue at the recent Nagoya conference on biological diversity).
Also, Nikkei is talking about measures to deal with climate change:
RGG（I地 域温室効果ガス・イニシアティブ）、温暖化ガス（温室効果ガス）、CO２排出係数、国連気候変動枠組み条約、京都議定書／京都メカニズム、ポスト京都議定 書、国連の気候変動に関する政府間パネル（IPCC）、温暖化防止主要国会合（MEM）、排出枠／排出量取引、CDM／JI、クレジット、排出原単位、 COP、COP／MOP、CO２隔離貯留（CCS）、低炭素社会、セクター別アプローチ、省エネ法、温暖化対策推進法、京都議定書目標達成計画、キャッ プ・アンド・トレード ほか