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Europe

Stora Enso invests E137 million to build new power plant in Poland
Energy Business Review  Nov 4 2008 4:58AM UTC

The new power plant, which will be able to use multiple fuels, will improve Ostroleka Mill's energy self-sufficiency and efficiency, helping reduce CO2 emissions. The aim is to increase biofuel usage depending on its availability.
Ecocem says carbon credit scheme 'rewards polluter'
Aggregate Research Industries  Nov 3 2008 11:52PM UTC

(Ireland) -- GENEROUS ALLOCATIONS of carbon emissions to cement manufacturers at a time when the economy was booming mean that they can now make money by selling carbon credits in a 'perversion of the 'polluter pays' principle', it has been claimed.
Defra launches GBP6 million greener living fund
Government News Network  Nov 3 2008 7:23PM UTC

Department for Environment, Food And Rural Affairs (National) A new £6 million fund to help charitable and voluntary organisations support and develop environmental projects throughout England is being announced by Environment Secretary Hilary Benn
Britain and Abu Dhabi to sign clean energy accord
Reuters UK  Nov 3 2008 1:33PM UTC

ABU DHABI (Reuters) - Britain and an Abu Dhabi renewable energy company are to sign an agreement to cooperate on clean energy technologies, British Prime Minister Gordon Brown said on Monday.
Kyoto/Global

GDF Suez signs ERPAs for 1600000 CERs
Carbon Yatra  Nov 4 2008 8:06AM UTC

Source: Mumbai (GDF Suez) GDF Suez, a leading energy provider, has signed two ERPAs with China Guodian Corp, a major power producer, for purchasing carbon credits. The contracts cover about 1.6 million CERs from the 2009-2012 vintages.
Vietnam announces plan to build two nuclear power plants in central province
Electric Light and Power - Utility Automation  Nov 3 2008 5:36PM UTC

(BBC Monitoring via COMTEX) -- [Unattributed report 'Nuclear power plan in the pipeline'] The Ministry of Industry and Trade has announced a plan to build two nuclear power plants in the central province of Ninh Thuan, which will be operational from
Doha Bank to offer carbon trading services in India
Carbon Yatra  Nov 4 2008 1:31AM UTC

Doha Brokerage & Financial Services, a Doha Bank associate, has entered into an MoU with Bunge Investment Management through its affiliate Ecoinvest, for developing carbon projects.
North America market

CCFE RGGI products crosses record level of 5,860,000 million short tons CO2
Carbon Yatra  Nov 4 2008 8:06AM UTC

Chicago Climate Futures Exchange (CCFE), a wholly-owned subsidiary of CCX, has announced that open interest in its futures and options complex for U.S. carbon emissions, which includes Carbon Financial Instrument (CFI) futures and options and Regional
CORRECTED: Next president faces economy hurdle on climate
Reuters UK  Nov 3 2008 5:30PM UTC

NEW YORK (Reuters) - Presidential candidates Barack Obama and John McCain both tout plans to slash U.S. greenhouse gas emissions but the winner of next week's election will face difficulties signing such a law during the next year at least.
CCS

DOE funds Midwest carbon sequestration partnership
Power Engineering  Nov 3 2008 3:54PM UTC

-- The awarded $61 million to fund the third phase of the Midwest Regional Carbon Sequestration Partnership (MRCSP). The venture will attempt to determine if large amounts of carbon dioxide can be safely stored underground.
Other

Dry mushrooms could slow climate change
Reuters UK  Nov 3 2008 9:29PM UTC

WASHINGTON (Reuters) - Sometimes it's just too hot to eat, even if you're a mushroom -- and that could help curb climate change.

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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.