Nikkei Asia: J-Power, Apple and Mitsui O.S.K. give blue carbon credits a try
TOKYO -- An increasing number of companies are paying attention to the ability of algae and other marine plants to capture the perilous emissions being released into the atmosphere.
Electric Power Development, better known as J-Power, has begun using carbon credits it gains by raising algae in the sea near its facility in Kitakyushu, Fukuoka Prefecture, in the southwest of Japan.
What is being called blue carbon could become a key weapon in the fight against global warming. According to one estimate, coastal ecosystems might have the same or even higher carbon absorption power as forests. Companies like Mitsui O.S.K. Lines are already purchasing algae-derived credits.