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Europe

Budget puts UK on course to hit green energy goals
Reuters† Apr 27 2009 10:55AM UTC

LONDON (Reuters) - This week's UK budget has revived hopes wind energy could become sufficiently cost effective to generate around a fifth of Britain's power and put the nation on course to meet its carbon reduction targets.

EU carbon futures down, track oil and German power
EuroInvestor.co.uk† Apr 27 2009 7:48AM UTC

LONDON, April 27 (Reuters) - European carbon prices were lower in Monday's early trade, tracking crude oil and German power losses, traders said. Benchmark EU Allowances Href='QuoteRef'>CFI2Z9 fell 14 cents or 1.02 percent to 13.60 euros ($17.

Ban gasoline cars from 2015: Norway Finance Minister
Reuters† Apr 27 2009 10:55AM UTC

OSLO (Reuters) - A proposal to ban sales of new gasoline-powered cars in Norway from 2015 could help spur struggling carmakers to shift to greener models, Finance Minister Kristin Halvorsen said Saturday.

Kyoto/Global

UN approves India SRF's emission reduction plan
Forbes.com† Apr 27 2009 8:46AM UTC

MUMBAI, April 27 (Reuters) - The UN climate change body has approved an emission reduction project by Indian tyre cord maker SRF Ltd that will earn 1.78 million carbon credits for the firm, the UN website showed on Monday.

J-Power to up coal plant construction in Asia
Japan Times† Apr 24 2009 11:57PM UTC

Electric Power Development Co., better known as J-Power, plans to enhance construction of advanced coal-based thermal power plants in Asia, incoming President Masayoshi Kitamura said in a recent interview.

Post 2012

Japan eyes energy-efficiency targets for emerging economiesnull
Kyodo† Apr 25 2009 2:38PM UTC

Emerging countries need to be obliged to fulfill energy-efficiency targets under a new international framework for the fight against global warming beyond the expiration of the Kyoto Protocol in 2012, according to a draft new protocol presented Friday

North America market

Gore pushes for U.S. climate law this year
Reuters Africa† Apr 24 2009 7:11PM UTC

WASHINGTON, April 24 (Reuters) - Global warming activist Al Gore on Friday urged passage this year of a U.S. law to slash greenhouse emissions, saying failure to pass legislation could cause the collapse of world climate negotiations.

UPDATE 1-Alberta wary of California low-carbon fuel rule
Interactive Investor International† Apr 24 2009 10:37PM UTC

HOUSTON, April 24 (Reuters) - Canada's biggest energy-producing province, Alberta, is wary of the new California low-carbon fuel rule and its potential effects on exports of oil sands production, the province's energy minister said on Friday.

Utilities amp up lobbying over climate debate
USA Today† Apr 27 2009 4:31AM UTC

WASHINGTON - Fifty of the nation's largest electric utilities amped up spending on lobbyists by 30% late last year to influence the debate in Congress just underway on one of the biggest issues facing lawmakers: climate change.

Australia

Santos confident of LNG demand
The Australian† Apr 26 2009 3:54PM UTC

SANTOS chief executive David Knox says there is enough customer interest in liquefied natural gas to justify a number of large-scale LNG projects in the region.

CCS

Power industry welcomes Miliband's CCS commitment
BusinessGreen† Apr 24 2009 7:06PM UTC

Two of the UK's leading energy firms have expressed interest in developing carbon capture and storage (CCS) hubs on the east coast of the UK after the government announced yesterday that it would not allow any new coal-fired power plants to be built

Carbon capture and storage company Powerspan closes $50m in new financing
AltAssets.net† Apr 24 2009 4:56PM UTC

AltAssets. Powerspan Corp., a clean energy technology company, has closed over $50m in new financing from a group of new investors including George Soros, Tenaska Energy, Inc.



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Copyright 2009 (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 worldís 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.