The fund generates credits that commensurate to the amount of CO2 emissions reduced by driving 100% electric Nissan LEAF.
Credits generated in the fund are certified by the Ministry of Economy, Trade and Industry (METI) and are sold to the Green Investment Promotion Organization which promotes investment in low carbon emissions.
Installation of quick charging facilities and forest conservation initiatives will be driven by the profits generated through the sale of credits.
Launched in December of 2010 Nissan LEAF unlike gasoline powered vehicles emits zero CO2 when driven.
Calculation of credits is by taking an average of CO2 emissions of a gasoline powered vehicle over the same distance that a LEAF has been driven.
An onboard communications unit automatically calculates the annual distance travelled by a Nissan LEAF this allows for accurate data and ease in optimize their EV driving experience.
