NCF’s newly launched CDM/JI Analytics tool allows users to analyse CDM/JI project risk by country, technology, status of project and other criteria; conducting real-time analysis of time delays, CER yields and registration rates.

For more information on the tool, and to request a trial, please email us at info@newcarbonfinance.com or call us on +44 207 092 8800.

Europe

EU lawmakers approve deal on airline CO2 emissions
Reuters  Jul 8 2008 11:39AM UTC

STRASBOURG, France (Reuters) - European Union lawmakers approved a deal with governments on Tuesday to include aviation from 2012 in the EU's Emission Trading Scheme, a key tool to fight climate change.
Transport: Long-haul flights to cost ÂGBP30 more after carbon deal
Guardian Unlimited  Jul 8 2008 11:53PM UTC

Passengers could face a further increase in air fares after the European parliament yesterday approved a carbon emissions trading scheme that will include airlines from 2012. Green campaigners said the plans were not harsh enough.
North America market

AB 32 Cosponsor Says CARB Draft Implementation Plan Needs More Recommendations to Cut Land Use, Transportation
Macro World Investor  Jul 8 2008 5:13PM UTC

DIAMOND BAR, Calif., July 8 /PRNewswire-USNewswire/ -- The draft scoping plan by the California Air Resources Board (CARB) to implement The Global Warming Solution Act (AB 32) (ftp://ftp.arb.ca.gov/carbis/board/books/2008/062608/08-6-4pres.
Landfill gas capture becomes mandatory in Ontario
Environmental Data Interactive Exchange  Jul 8 2008 4:03PM UTC

The Canadian province of Ontario has introduced regulations which will force landfill operators to capture methane leaking from their tips.
Post 2012

Big polluters agree deep emissions cuts needed
Reuters  Jul 9 2008 10:39AM UTC

TOYAKO, Japan (Reuters) - The world's biggest polluters agreed on Wednesday on the need for "deep cuts" in greenhouse gas emissions, but differences between developed and emerging economies kept them from setting specific targets.
Fukuda vows to lead global debates for long-term emission cut goal+
Macro World Investor  Jul 9 2008 8:14AM UTC

AM TOYAKO, Japan, July 9-(Kyodo), (EDS: INCORPORATING STORIES HEADLINED 'G-8 TO IMPOSE SANCTIONS ON ZIMBABWE IF UNSC REACHES ACCORD: FUKUDA' AND 'JAPAN TO HOST ENERGY-SAVING FORUM OF OIL PRODUCING, CONSUMING NATIONS') Japanese Prime Minister Yasuo
India, outreach countries hit out at rich nations
Business Standard India  Jul 8 2008 4:11PM UTC

19:29 IST Concerned over global economic slowdown, soaring oil and food prices, five emerging economies, including India, today hit out at rich countries for hampering food production in developing nations through trade-distorting subsidies.
Africa to get much of G8 energy investment: Brown
Reuters South Africa  Jul 9 2008 9:15AM UTC

TOYAKO, Japan (Reuters) - Much of the new money pledged at a Group of Eight summit for investment in cleaner energy will go to Africa, British Prime Minister Gordon Brown said on Tuesday.
Voluntary market

Large market potential for high quality VER projects: T?V S?D
Carbon Yatra  Jul 9 2008 12:59AM UTC

In its first year of operation, the BlueRegistry incorporated projects have generated more than 1 million tons of VER+ credits. Main host countries of these VER+ projects have been: China, Russia and Turkey.
Industry News

UPDATE 1-UK carbon firm Camco on track for profit this year
Reuters UK  Jul 9 2008 8:50AM UTC

(Reuters) - British carbon credit firm Camco International Ltd (CAMIN.L: Quote, Profile, Research) said on Wednesday it is on track to make its first profit this year.
Cemtrex Signs a Memorandum of Understanding for Projects in Saudi Arabia
Stockwatch  Jul 8 2008 1:07PM UTC

FARMINGDALE, N.Y., July 8 /PRNewswire-FirstCall/ -- Cemtrex Inc. announced that it has signed a Memorandum of Understanding (MOU) with RAE Company for Environmental Service division of Development Works Co.
CCS

Alberta to spend C$4 billion to cut GHG emissions
Reuters UK  Jul 8 2008 9:31PM UTC

CALGARY, Alberta, July 8 (Reuters) - The oil-rich Canadian province of Alberta said on Tuesday it will put C$4 billion ($3.92 billion) into two funds that will be used to pay for carbon capture and storage programs and to boost use of public transit
Shell launches carbon-capture project
Globe Investor  Jul 9 2008 7:16AM UTC

CALGARY -- Royal Dutch Shell PLC has embarked on a major carbon-capture project to clean up its oil sands output on the same day the Alberta government created a $2-billion fund to promote just such solutions to the problem of its so-called dirty oil.
Other

Japan's Denso studying using algae to absorb emissions
AFP via Yahoo!  Jul 9 2008 7:20AM UTC

Major Japanese auto parts maker Denso Corp. has begun investigating if it can use algae to absorb carbon dioxide emissions from its factories, a company spokesman said Wednesday.

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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.