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

EDF completes 12.5bn nuclear takeover of British Energy
BusinessGreen  Jan 6 2009 10:01AM UTC

French energy giant says it could work with partners to build new generation of low carbon nuclear reactors The UK took a major step towards its goal of building a new fleet of low carbon nuclear reactors yesterday after EDF completed its £12.
Government advisors call for coal emission standards
BusinessGreen  Jan 7 2009 11:26AM UTC

Sustainable Development Commission latest to warn that an effective ban on new coal power stations without CCS is
Eon and Statkraft complete power asset swap
Utility Week  Jan 6 2009 2:11PM UTC

agriculture, anaerobic digestion, Anglian Water, antitrust, BG, billing, biomass, blackout, Bristol Water, British Energy, British Gas, carbon capture, CCWater, Centrica, CHP, climate change, coal, coal plant, competition, complaints, conference,
Kyoto/Global

Russia, Ukraine leave EU without gas
Euractiv  Jan 7 2009 11:36AM UTC

Russia and Ukraine have left Europe without gas for Orthodox Christmas Day (7 January), with each country continuing to blame the other for unprecedented supply disruptions which have totally eclipsed the 2006 crisis.
Bulgaria threatens to restart nuclear plant
Euractiv  Jan 7 2009 11:36AM UTC

Hit worst by the current Russia-Ukraine gas dispute, Bulgaria is poised to restart one of the nuclear reactors at its Kozloduy nuclear power plant, the closure of which was one of the conditions of the country's EU accession.
Japan mulls expanding green business market
Scientific American  Jan 7 2009 7:31AM UTC

TOKYO (Reuters) - Japan aims to expand the 'green business' market and create up to 1 million new jobs, the environment ministry said on Wednesday, to simultaneously fight climate change and boost the economy amid a global downturn.
North America market

RGGI market monitor declares December allowance auction 'robust'
Platts  Jan 6 2009 8:29PM UTC

The Regional Greenhouse Gas Initiative's independent market monitor on Tuesday declared the organization's December 17 emission allowance auction 'robust,' with 69 separate entities submitting bids for nearly 3.5 times the number of available
RGGI States to Develop Low Carbon Fuel Standard
GreenBiz  Jan 6 2009 11:08PM UTC

You are going to email the following: Message Subject: (Your Name) has forwarded a page to you from GreenBiz.com® Message Body: (Your Name) thought you would like to see this page from GreenBiz.com®. Your Personal Message: * OAKLAND, Calif.
Oil price slump undermines controversial tar sand projects
BusinessGreen  Jan 7 2009 10:07AM UTC

Plunging oil prices might have spelled bad news for renewable energy projects, but they are also undermining the commercial viability of some of the world's most carbon intensive energy projects.
Australia

Farms die for Rudd's trees
The Australian  Jan 7 2009 11:35AM UTC

CATTLE farmer Neil Graham can see the landscape changing around him as his neighbours sell their properties for plantations, unable to compete against the Rudd Government's generous tax concessions for forestry companies.

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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.