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Europe

Analysts say EU industry emissions flat in 2007
Reuters  Apr 2 2008 2:42PM UTC

(Reuters) - European Union industry emissions were roughly flat in 2007, preliminary analysis of EU emissions trading scheme data suggested on Wednesday.
TABLE-German plant tops EU's dirty dozen CO2 emitters
Reuters UK  Apr 2 2008 2:38PM UTC

German utility RWE AG's lignite coal plant at Niederaussem topped the list, spewing the equivalent of 31.3 million tonnes of earth-warming carbon dioxide (CO2) last year -- comparable to the total greenhouse gas emissions of Croatia. RWE (RWEG.
Kyoto market

Essar Steel submits 3.3 million carbon credits project for CDM registration
Carbon Yatra  Apr 2 2008 12:07PM UTC

Essar Steel Limited has submitted its 340 MW Gas based combined cycle power project expansion at Hazira for CDM registration. The project hopes to generate a total of 3.33 million CERs over the 10 year crediting period.
Business says carbon-trade law too strict
New Zealand Herald  Apr 2 2008 4:30PM UTC

Images of job losses and the economic reforms of the 1980s are being raised by business groups wanting to amend the Government's emissions trading system, a flagship climate change policy.
North America market

New measure allowing coal-fired plants in SW Kansas emerges
Nebraska TV  Apr 3 2008 4:59AM UTC

PM ET TOPEKA, Kan. (AP) - A new proposal for allowing two coal-fired power plants in southwest Kansas has emerged, this time in the Senate. Like a House bill drafted last week, the measure would let Sunflower Electric Power Corp.
Post 2012

African activists urge 1 pct GDP to fight global warming
Breitbart.com  Apr 3 2008 7:57AM UTC

African activists, who say the continent is getting a 'raw deal' in climate talks, called Thursday for major polluters to commit one percent of GDP to fight the ravages of global warming.
US Cites Recession Fear in Climate Talks
Springfield News Sun  Apr 3 2008 5:49AM UTC

The EU has proposed that industrialized countries slash emissions of greenhouse gases by 25 percent to 40 percent below 1990 levels by 2020 as part of global climate pact.
Australia

Emissions trading start faces 'hurdles'
The Age  Apr 2 2008 9:12AM UTC

Australia has three key hurdles to overcome if it wants an emissions trading system to operate by its scheduled 2010 starting date, the global head of carbon emissions for Merrill Lynch says.
Industry News

Global Warming ELEMENTS(SM) ETNs Linked to Credit Suisse Global Warming Index Begin Trading Today
Yahoo! Canada  Apr 2 2008 4:14PM UTC

NEW YORK--(BUSINESS WIRE)--Credit Suisse announced the launch of ELEMENTSSM exchange-traded notes (?ETNs?) linked to the Credit Suisse Global Warming Index, Exchange Series (?Global Warming ELEMENTS ETNs?).
Fog lifts to reveal carbon trading
Sustain-Online  Apr 3 2008 1:12AM UTC

- Investors in the fledgling market in greenhouse gas emissions have seen their share of volatility and shocks in the past three years.
CCS

Ferguson backs coal-fired power stations
The Australian  Apr 2 2008 6:48PM UTC

NEW coal-fired power stations in Australia are inevitable and proposals to bury carbon dioxide emissions deep underground are essential if the country it is to tackle climate change, federal Resources and Energy Minister Martin Ferguson says.
Other

Porsche challenges London congestion charge
Reuters UK  Apr 3 2008 8:15AM UTC

LONDON (Reuters) - Luxury carmaker Porsche launched a legal challenge on Wednesday to a tax on gas-guzzling cars proposed by London mayor Ken Livingstone who is campaigning for a third term in office.

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Copyright 2007 (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.