Ecowise on Carbon Credit Deal ! (CNA News)

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Uploaded by on Nov 5, 2007

SINGAPORE: A Singapore-based company, ecoWise, has tied up with Japan's Kansai Electric Power Company to tackle climate change.

Under the four-year deal, the first to be signed in Singapore, ecoWise will trade carbon credits for Kansai, Japan's second largest power firm.

Carbon trading is a market-based mechanism to help mitigate the increase of carbon dioxide in the atmosphere.

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