Reuters: Japan is planning to buy up carbon credits yielded by its investments in emissions-cutting projects in China, a newspaper said on Thursday. The two governments agreed the deal on Wednesday and will formally sign it when President Hu Jintao visits Japan, probably in late March, the Yomiuri Shimbun said. Tokyo and Beijing will then select emissions-cutting projects to be funded by yen-denominated loans, the Yomiuri said. A third of the projects funded by such loans …