In Magna Carta II, elemental energy or magic is called Kan. It’s really an interesting concept, and takes a different approach to how MP (magic points) is received in an RPG.
Kan Orbs randomly appear in the air around the game characters when they are fighting. When players are fighting, characters absorb the Kan floating around them in order to use their abilities. The video demonstrates the ability to also break things in the environment, such as icicles, to generate more Kan.
Magna Carta II releases for Xbox 360 tomorrow, October 13th. I’m pretty sure most stores are already selling it though as I’ve seen it in a couple of GameStops and mom and pop shops.