Today's Carbon Market Headlines, compiled and delivered by New Carbon Finance, the leading provider of analysis and research for the global carbon markets.

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Europe

UPDATE 1-EU agrees to cut car emissions in climate fight
Interactive Investor International  Dec 1 2008 7:56PM UTC

By Pete Harrison and Ilona Wissenbach BRUSSELS, Dec 1 (Reuters) - European carmakers must cut emissions of global warming gases from new vehicles by 18 percent within the next six years, the EU agreed, after a long battle between environmentalists and
UK govt wants airlines in carbon trading scheme
Sharewatch  Dec 2 2008 3:36PM UTC

LONDON, December 2 (Reuters) - The British government said on Tuesday, it wanted airlines included in a European scheme to cut carbon emissions but business leaders voiced scepticism about the UK's ability to hit its emission reduction targets.
Kyoto/Global

France gives Indonesia 200 mln dollars to fight climate change
Tocqueville Connection  Dec 2 2008 4:15AM UTC

(AFP) - France is set to hand Indonesia 200 million dollars in aid to fight climate change in the Southeast Asian archipelago nation, the French Development Agency said Tuesday.
Post 2012

Developing nations urge cash in U.N. warming fight
Reuters UK  Dec 2 2008 4:14PM UTC

POZNAN, Poland (Reuters) - Developing countries urged rich nations on Tuesday to provide cash quickly to help them cope with global warming and safeguard tropical forests at 187-nation talks in Poland on a new climate treaty.
China minister unusually upbeat on climate talks
Reuters South Africa  Dec 2 2008 8:05AM UTC

HONG KONG, Dec 2 (Reuters) - China's foreign minister was unusually upbeat on Tuesday about prospects for agreement on a new pact to tackle global warming by an ambitious 2009 deadline, as top negotiators gathered in Poland for key UN talks.
Industry News

Cement sector can cut 90% of projected emissions
World Wildlife Foundation  Dec 2 2008 10:17AM UTC

Poznan, Poland – The global cement industry can avoid up to 90 per cent of emissions projected according to a new WWF report.
Global CCS Institute receives strong support
Modern Power Systems  Dec 1 2008 8:37PM UTC

An Australian-led initiative to support the development of carbon capture and storage (CCS) technology has received strong support from the international energy community.
North America market

Growth in US renewable investments will weather the current economic downturn
Datamonitor  Dec 2 2008 12:31AM UTC

In the last two years, the US federal and state-level legislative climate change landscape has become broader, deeper and more complex.
Australia

Giants pulls plug on clean-coal
The Australian  Dec 2 2008 2:35PM UTC

Article from: The Australian SHELL and Anglo American to shelve development of an Australian-based clean-coal-to-liquids project worth an estimated $5 billion.
Other

Brazil sets plan to cut deforestation by 70% over 10 years
AFP via Yahoo!  Dec 1 2008 11:10PM UTC

AFP/HO/File ? Handout picture released by the Brazilian Environment Ministry showing a deforested area in the rainforest ? BRASILIA (AFP) ? The Brazilian government on Monday announced a plan under which it would cut deforestation of the Amazon

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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.