Energy Recycling Crucial To Reducing CO2 Emissions: Keppel CEO

Friday, May 22, 2009

TOKYO (Nikkei)--Keppel Corp. Chief Executive Ko Kheng Hwa said at the annual Future of Asia conference here Thursday that the Singapore government-affiliated company is building a new type of eco-friendly city capable of energy recycling.

Rapid migration into urban areas has created a situation where as much as 70% of greenhouse gas is emitted from cities, Ko said, adding energy recycling -- using energy that would otherwise be wasted by converting it into electricity or thermal energy -- would be essential to reducing heat-trapping gas emissions.

Keppel is redeveloping areas in Tianjin and two other Chinese cities to create green zones. The one in Tianjin will be 30 sq. kilometers in size and be able to house 350,000 people, Ko said.

Titles of speakers, names of companies, etc., were correct as of the time when the forum was held.