Japan, U.S. agree to form 'clean tech' fund
KOBE (Kyodo) Japan and the United States agreed Saturday to set up a multilateral "clean technology fund" to spark the development of technology aimed at combating global warming, a Japanese official said. Stephen Johnson, administrator of the U.S. Environmental Protection Agency, was quoted as telling Environment Minister Ichiro Kamoshita in a meeting in Kobe that Washington wants Japan to consider establishing a global fund because the research involves considerable money. Kamoshita agreed.