This is New Carbon Finance’s Carbon Market Headlines: a free daily newsletter summarising the main developments in the world’s carbon markets.

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Europe

EU wants developing nations to do more on climate
Reuters  Mar 11 2008 2:04PM UTC

(Reuters) - The European Union's executive Commission wants developing countries to make more effort to cut their ballooning greenhouse gas emissions rather than rely on carbon offset schemes, a Commission official said.
EU carbon market lagging in climate fight-analysts
Reuters UK  Mar 11 2008 7:14PM UTC

By Gerard Wynn COPENHAGEN, March 11 (Reuters) - Evidence is slim that the European Union's four-year old carbon market is sufficiently penalising emissions of the greenhouse gas carbon dioxide, in the fight against climate change, analysts said on
Kyoto market

Kenya cement firm details planned CO2 emissions cut
Reuters South Africa  Mar 11 2008 12:12PM UTC

NAIROBI, March 11 (Reuters) - Kenya's Bamburi Cement Group

EXCLUSIVE-UPDATE 2-Japan wants cap-and-trade plan soon
Reuters UK  Mar 11 2008 8:21AM UTC

TOKYO, March 11 (Reuters) - Japan, the world's fifth-biggest emitter of greenhouse gases, wants to design an emissions trading scheme as soon as possible to help it fight climate change after the Kyoto protocol expires in 2012, the environment
RCF's phospho-gypsum wall panel to earn carbon credits: HBL Report
Carbon Yatra  Mar 11 2008 12:56PM UTC

The Hindu Business Line has reported that Rashtriya Chemicals and Fertilizers Ltd plans to earn carbon credits from phospho-gypsum, a by-product of its manufacturing process.
China launches carbon sequestration project in Hubei Province
Carbon Yatra  Mar 11 2008 3:22PM UTC

China has launched a forestation project in the central province of Hubei on Tuesday, as part of an effort to capture carbon dioxide.
North America market

Options for US Climate Legislation Outlined by House Energy Subcommittee Chairman at Platts Energy Podium
Calibre Macro World  Mar 11 2008 7:59PM UTC

Attention Business, Energy And Political Editors WASHINGTON, March 11 /CNW/ -- The chairman of the US House Energy and Air Quality Subcommittee told a Platts Energy Podium event in Washington on Tuesday that he supports a greenhouse gases (GHG)
Federal regulatory framework treats Quebec and Ontario unfairly
Calibre Macro World  Mar 11 2008 1:23PM UTC

AM Attention News Editors QUEBEC CITY, March 11 /CNW/ - On behalf of their respective governments, Ms.
Sebelius assures blockage of coal power bill
Topeka Capital-Journal  Mar 12 2008 7:17AM UTC

Gov. Kathleen Sebelius promised environmentalists Tuesday a veto awaited the controversial bill permitting a $3.5 million expansion of a coal-fired electric plant in southwest Kansas.
Voluntary market

Gold Standard VER Registry launched
Carbon Yatra  Mar 12 2008 4:30AM UTC

Source: Mumbai (APX) APX, Inc., a platform provider for environmental and energy markets, and the Gold Standard Foundation have announced the creation of the Gold Standard VER Registry.
CCS

StatoilHydro says ready for new Canadian CO2 rules
Reuters UK  Mar 12 2008 8:17AM UTC

OSLO (Reuters) - Norwegian oil and gas group StatoilHydro said it was ready to work with new Canadian rules on carbon dioxide emissions at its planned oil sands venture in Alberta.
Energy Quest Board Approves PyStR(TM) Hydrogen Demonstration Unit
Calibre Macro World  Mar 11 2008 2:24PM UTC

HENDERSON, NV, March 11 / MARKET WIRE/ -- Energy Quest, Inc.
Other

Biofuels maker says U.S. airlines worried about survival, not CO2
Reuters India  Mar 11 2008 10:46PM UTC

LOS ANGELES (Reuters) - U.S. airlines are too worried about survival to address the big impact their planes are having on the environment, the company behind the world's first commercial bio jet fuel plant said on Tuesday.
Aker's unique solution wins DOF contract
The Motor Ship  Mar 11 2008 9:38PM UTC

Aker Yards has been awarded a contract with DOF ASA to build an innovative LNG-powered platform supply vessel.

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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.