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CO2 Free Village | AICHI EXPO

Cosmo Oil makes the 'NGO Global Village' a 'CO2 free village.'

Cosmo Oil makes the “ NGO Global Village ” a “ CO2 free village. ”
Cosmo Oil has provided “ carbon dioxide emission rights ” equivalent to the amount of CO2 emitted in generating the electricity used in the management and activities of the “ NGO Global Village, ” thereby making it a “ CO2 free village.”

[* Medicins Sans Frontieres Japan, Renewable Energy Promoting People's Forums, International Environmental NGO FoE Japan, Japan International Food for the Hungry, and NPO birth, and Eco Platform Tokai area not Participating in this activity.]

Overview of emission rights obtained by Cosmo Oil

Cosmo Oil agreed with and signed an option contract for the emission rights in Australia in June 2001.

Total amount when exercising the entire option: 2,800,000 CO2 ton / 11 years
Contract period: 2001 to 2012
Option contract: a contract in which Cosmo Oil can purchase the emission rights for the CO2 absorbed by eucalyptus trees (original predicted total: 2,800,000 CO2 ton (converted)) on a preferential basis every year for 11 years from 2001 to 2012. By exercising the option rights, we obtained emission rights for 24,000 tons in September 2002, and 47,489 tons in September 2003.
Planting Approximately 5,100 hectares of eucalyptus forest in Frankland, State of Western Australia, Australia
Purchased from Zurich Capital Markets (headquarters in the U.S.A.)
Primary verification Jaakko Poyry Consulting (headquarters in Finland)
Secondary verification Asahi & Co. (currently KPMG Azsa & Co.)
* The amounts of carbon dioxide absorption were measured in conformance with the regulations of the Australian Government, and verified by Jaakko Poyry Consulting (headquarters in Finland) and Asahi & Co. (currently KPMG Azsa & Co.), international authorities in this field.

About applying emission rights to the NGO Global Village

Power consumption of the NGO Global Village

Outdoor power source 336.2kW
Center House existing power source 97.5kW
Center House additional power source 599.2kW
Total 1032.9kW
Predicted demand factor of the NGO Global Village:45%464.8kW
Power consumption [kWh / year] = watts [kW] x hour of use [h / year] = 464.8kW x 2045h / year = 1,117,844kWh / year

About the amounts of carbon dioxide absorption amounts

These are calculated based on the “ Guideline for Calculating GHGs Emissions by Private Companies (Draft ver 1.5), ” issued by the Global Environment Bureau, Ministry of the Environment, where electrical power suppliers generate electricity using thermal power, hydraulic power, or nuclear power, in which CO2 is generated by burning fossil fuel in thermal electric power generation.Find the consumption (kWh) of supplied electricity and multiply with the emission coefficient.

Emission (kg CO2) = electricity consumption (kWh) x emission coefficient (kg CO2 / kWh)
Emission (kg CO2) = 1,117,844kWh/year x 0.378kg CO2 / kWh = 422,545kg CO2 ≒ 423t CO2
Emission coefficient = 0.378kg CO2 / kWh (Nine electrical power companies including Chubu Electric Power Company, and Okinawa Electric Power)

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