The Natural Resources and Energy Agency will formulate a plan to offer Japan’s energy saving technologies and methods to rapidly growing Asian economies, agency officials said.
The agency, an arm of the Ministry of Economy, Trade and Industry, wants to incorporate the project in its new energy strategy report to be compiled this month according to the officials.
The agency envisions dispatching experts to the countries to be selected, including China, India, Indonesia, Thailand and Vietnam, to help them implement energy saving methods that have proven successful in Japan.
The methods include setting energy saving criteria for automobiles and home appliances and requiring companies to report their energy saving efforts to authorities.
The agency hopes to provide financial support, including public loans, to encourage Japanese companies with energy saving technologies to do business in other Asian countries.
The plan calls for Japan to help make electrical generation plants in other Asian countries more energy efficient and join hands with nongovernmental environmental advocacy groups to work out energy saving criteria for electronic appliances.
The agency said Japan’s energy use is so efficient that it needs one-ninth the amount of oil as China to produce the same profit.
The projects are aimed at helping stabilize oil and other energy prices, and encouraging China, India and other developing economies to join an international framework to curb greenhouse gases after the current requirements under the Kyoto Protocol expire.