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Europe

Hutton tells global nuclear investors to build in Britain
BERR  Jun 12 2008 12:19PM UTC

UK new nuclear action plan announced The UK is a leader in a new global nuclear investment 'league table' and looks set to attract the world's leading energy companies to build its next generation of nuclear power stations, research commissioned by
MIT gives thumbs up to EU ETS
Carbon Positive  Jun 13 2008 6:48AM UTC

Despite a number of teething problems, the European Union's Emissions Trading Scheme (EU ETS) is proving successful and serves as a useful guide for the United States and other nations moving towards capping and trading greenhouse gas emissions.
Commission hopes to revive blocked EU soil law
EurActiv.com  Jun 13 2008 7:54AM UTC

Soils are crucial for storing CO2 and must be protected as part of the fight against climate change, according to the Commission, which wants to breathe new life into a proposed framework directive on soil protection that was rejected by a small group
German utility RWE to build US$2.32 billion coal fired power plant in Wola, Poland
Macro World Investor  Jun 12 2008 11:51AM UTC

AMFRANKFURT, Germany-German energy company RWE AG said Thursday the company is planning to build a €1.5 billion (US$2.3 billion) hard coal-fired power plant in Poland to go on stream in 2015.
Kyoto market

Fewer trees unless govt changes policies
Scoop  Jun 12 2008 12:18PM UTC

NZ FOREST OWNERS ASSOCIATIONMEDIA RELEASEIMMEDIATE Major flaws in New Zealands land-use policies will become more obvious as the world food crisis grows, says the NZ Forest Owners Association.
UAE company to implement large scale emission reduction project
NetIndia123.com  Jun 13 2008 4:26AM UTC

AM IST The United Arab Emirates-based sustainable energy company Masdar has signed an agreement with infrastructure developer Abu Dhabi Ports Company (ADPC) to implement greenhouse gas reduction solutions at its industrial zone in Taweelah, WAM news
North America market

Bingaman: Defense bill resolves Canadian oil sands issue
Oil and Gas Journal  Jun 12 2008 3:02PM UTC

Nick SnowWashington Editor WASHINGTON, DC, June 12 -- The US Senate's Democratic energy leader does not expect a provision of the 2007 Energy Independence and Security Act (EISA) to restrict sales of oil produced from Canadian oil sands to US
NH governor signs global warming initiative
Sharewatch  Jun 12 2008 8:15AM UTC

CONCORD, N.H. (AP) - New Hampshire became the 10th state Wednesday to participate in a regional effort to cut greenhouse gas emissions. Gov. John Lynch signed a law to implement the Regional Greenhouse Gas Initiative known as RGGI.
Post 2012

G-8 urged to set 2020, 2050 emissions targets at July summit
Kyodo  Jun 13 2008 11:53AM UTC

Danish Climate and Energy Minister Connie Hedegaard urged the Group of Eight countries on Friday to set both medium-term and long-term targets to reduce greenhouse gas emissions during July's G-8 summit in Hokkaido.
Nuclear power among options for UN greenhouse cuts
Reuters  Jun 12 2008 1:11PM UTC

BONN (Reuters) - Developing nations might get help to build nuclear power plants under proposals at 170-nation climate talks in Bonn for expanding a fast-growing U.N. scheme for curbing greenhouse gases.
UN climate chief spurs talks on new global warming pact
AFP via Yahoo!  Jun 12 2008 5:16PM UTC

UN climate chief Yvo de Boer called on industrialised countries on Thursday to start showing some of their cards in a poker game whose prize will be a new pact to tackle global warming.
IPCC Final Climate Warning Before Bali
Institute of Sciences in Society  Jun 12 2008 6:23PM UTC

Evidence for global warming unequivocal and most likely due to human activities, but there is high confidence for effective adaptation as well as high agreement and much evidence of substantial economic potential for mitigation; the cost of fighting
Voluntary market

Stirling pledges to become first UK carbon neutral city
Building  Jun 12 2008 4:39PM UTC

Scottish city receives £1.25m to fund community-led project to reduce residents' CO2 emissions Stirling is aiming to become the UK's first carbon neutral city following a £1.25m cash injection from the Big Lottery Fund and Scottish government.
Madagascar to sell carbon credits to protect forest
Reuters  Jun 12 2008 5:33PM UTC

PORT LOUIS (Reuters) - Madagascar will sell nine million tons of carbon offsets in a voluntary scheme to help protect one of its biggest and most pristine forests, a conservation group said on Thursday.
Australia

Australian PM pledges cooperation with Indonesia president
CNBC  Jun 13 2008 11:43AM UTC

JAKARTA (Thomson Financial) - Australian Prime Minister Kevin Rudd promised on Friday a 'new phase of cooperation' with Indonesia on issues such as disaster response and the environment during his first state visit to Jakarta.
Australia has huge potential to reduce the threat of both anthropogenic climate change and nuclear weapons pro
Business Spectator  Jun 12 2008 7:01PM UTC

Prime Minister Kevin Rudd has now seen for himself that the Japanese are incredibly sensitive about carbon emissions and nuclear weapons.
Industry News

Dana Gas inks emissions trading pact with
Steel Guru  Jun 13 2008 10:33AM UTC

EcoSecurities Arabian Business reported that Dubai Multi Commodities Centre and EcoSecurities have formed a strategic alliance agreement with Dana Gas and Crescent Petroleum of Sharjah to develop emissions reduction projects in the oil and gas sector
UPDATE 1-Suez unit bids for UK's Econergy, tops rival offer
Reuters UK  Jun 13 2008 9:50AM UTC

LONDON, June 13 (Reuters) - Suez Energy South America (SESA), a unit of France's Suez Group, made a cash offer for Econergy International (ECG.
Natsource Announces First Close of the Natsource Carbon Asset Pool
Earthtimes.org  Jun 12 2008 10:37AM UTC

Company Launches 2nd Compliance Fund for Industrials Required to Cut Emissions Participants Include Union Fenosa and Eneco NEW YORK and LONDON, June 12 NEW YORK and LONDON, June 12 -- Natsource LLC, a leading global provider of asset management,
CCS

OPTI Canada and AERI Collaborate on Innovative CO(2) Solutions
Yahoo! Canada  Jun 12 2008 8:33AM UTC

CALGARY, June 12 /CNW/ - OPTI Canada Inc. (OPTI) announced today that it is collaborating with the Alberta Energy Research Institute (AERI) to research cost-effective and realistic approaches to carbon dioxide (CO(2)) capture and storage.
US Rep. Boucher offers bill to create CCS demonstration fund
Platts  Jun 12 2008 5:47PM UTC

US Representative Rick Boucher, who chairs the House Energy and Air Quality Subcommittee, introduced a bill on Thursday that would establish a private multi-billion-dollar fund to finance large-scale projects designed to demonstrate carbon-capture
Other

Six industries vow to cut CO2 emissions by 830,000 tons
MyEGov Taiwan  Jun 13 2008 12:49AM UTC

(CNA) Taipei, June 12 (CNA) Taiwan's six major industries have vowed to reduce carbon dioxide emissions by 830,000 metric tons this year as part of their efforts to cut greenhouse gas volumes, a Ministry of Economic Affairs (MOEA) official said
Should the World Bank be left to manage climate change funds?
BusinessGreen  Jun 12 2008 10:52AM UTC

The suitability of the World Bank as the administrator of two planned new multi-billion dollar climate change investment funds was openly questioned yesterday with the publication of a new report highlighting the bank's continuing support for carbon

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Copyright 2008 (c) New Energy Finance Limited. Carbon Market Headlines is a free service provided as a courtesy by New Carbon Finance, a Division of New Energy Finance for the personal use of those interested in tracking developments in the world’s carbon markets. New Carbon Finance and New Energy Finance Limited select articles from publicly available sources they believe to have reasonable editorial standards, but take no responsibility for the accuracy or comprehensiveness of any articles. Articles to which the headlines refer are not written by, nor do they represent the views of, New Carbon Finance or New Energy Finance. New Carbon Finance and New Energy Finance Limited are not registered investment advisers, and are not regulated under the UK Financial Services Act. Under no circumstances shall any of the information provided herein be construed as a buy or sell recommendation, or investment advice of any kind. New Carbon Finance Market Headlines is a service mark of New Energy Finance Limited.