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Kansai Electric Power Co. has agreed to buy carbon credits from a Malaysian fertilizer maker to help Japan meet its emissions targets under the Kyoto Protocol.

Kepco will buy 400,000 carbon credits generated from palm oil waste by MG Biogreen by 2012, Kyoto Energy Pte., a broker that facilitated the trade, said in a statement e-mailed Monday from Kuala Lumpur.

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