NCF News:

New Carbon Finance voted Best Advisory firm for EU ETS in 2007 by Environmental Finance readers.

Join us on 28/29 February in London at our first, exclusive, global New Energy Finance Summit and Awards.

We will be celebrating the winners of the 2008 New Energy Finance Awards at a Black Tie Gala Dinner during the Summit. If you are interested in joining the Summit as a participant or partner, please send an email to summit@newenergyfinance.com


EU ETS

CO2 Trading To Have Marginal Impact On EU Competition-UK Body
Lloyd's  Jan 15 2008 4:20AM UTC

LONDON -(Dow Jones)- The European Union Emissions Trading Scheme will have a 'marginal' impact on competitiveness of E.U. industry, even if deeper carbon dioxide emission cutbacks are introduced after 2012, the U.K. government funded body the Carbon

EU members braced for emissions targets
Yahoo! UK and Ireland  Jan 14 2008 2:37PM UTC

BRUSSELS (AFP) - EU members are bracing for proposed greenhouse gas emission targets due next week as they fret over how much of the burden they will have to bear in the fight against climate change.

State sued over new coal power stations
DutchNews  Jan 14 2008 10:29AM UTC

The Dutch state faces legal action from a number of environmental organisations for granting licences for the construction of new coal-fired power plants, reports Monday?s Financieele Dagblad.

Kyoto market

Russia won't exceed 1990 level in CO2 emissions until 2020
Russian Information Agency Novosti  Jan 14 2008 7:30PM UTC

MOSCOW, January 14 (RIA Novosti) - Russia's power industry is unlikely to exceed the 1990 level of greenhouse gas emissions until 2020, the general director of an ecological fund told RIA Novosti Monday.

Exchangesto study carbon trading
Asahi.com  Jan 15 2008 2:24AM UTC

The Tokyo Stock Exchange Group Inc. (TSE) and the Tokyo Commodity Exchange (TOCOM) will jointly study carbon trading systems with an eye to possibly creating a domestic market, sources said.

North America market

Energy Issues Fire them up
Topeka Capital-Journal  Jan 15 2008 7:45AM UTC

The essence of Kansas' energy debate is as simple and complex as flipping a light switch. Consumers reasonably expect immediate access to affordable, reliable electricity, but from what source should the energy to light the bulb be derived?

Lakeside Energy Announces Entry Into North American Renewable Energy Partnership
PR Newswire via Yahoo!  Jan 14 2008 7:51PM UTC

CHICAGO, Jan. 14 /PRNewswire/ -- Lakeside Energy LLC (Lakeside), a Chicago-based energy company, today announced that it has made a significant investment in a North American renewable energy partnership, Dongara Pellet Plant LP (Dongara). The

Post 2012

Beyond the 'Bali roadmap'
EurActiv.com  Jan 14 2008 5:39PM UTC

Trade ministers convening for the first time in the framework of the 'Informal Trade Ministers Dialogue on Climate Change' concluded that international trade, development and climate change are 'mutually supportive', with international trade playing

Present new strategy to stop global warming
Yomiuri Shimbun  Jan 14 2008 7:09PM UTC

Signs of global warming can now be seen in various places across the globe. The area of the Arctic Ocean covered by ice shrunk to its smallest ever in the summer of 2007.

CCS

Air Liquide: Reducing Carbon Dioxide Emissions Using Oxy-Combustion Processes
FinanzNachrichten.de  Jan 14 2008 5:47PM UTC

Regulatory News: Air Liquide (News/Aktienkurs) (Paris:AI) is taking part in several large-scale research projects in Europe and in North America, testing processes that use oxygen (so-called "oxy-combustion"¯) to minimize carbon dioxide (CO2)

Other

Climate Exchange PLC announces Trading Statement
Market Wire  Jan 15 2008 7:05AM UTC

CLIMATE EXCHANGE PLC ('Company' or 'Group') PRE CLOSE PERIOD TRADING UPDATE CONTINUED GROWTH IN EXISTING PRODUCTS STRONG NEW PRODUCT PIPELINE INTERNATIONAL EXPANSION In keeping with past practice, Climate Exchange plc, the leading international

EU promises new biofuel rules won't harm the environment
International Herald Tribune  Jan 14 2008 3:34PM UTC

BRUSSELS, Belgium: Europe and the United States are planning to use more transport fuel made from crops, such as corn, rapeseed or sugar cane, to replace polluting oil aiming also to cut down on expensive energy imports.

GE to pump $2 billion more into renewable projects
MarketWatch  Jan 14 2008 5:12PM UTC

NEW YORK (MarketWatch) -- GE Energy Financial Services said Monday it would boost by $2 billion its purse for stakes in renewable energy projects such as wind, solar, hydro, geothermal and biomass projects to a total of $6 billion by 2010.

Virgin plans world first biofuel flight in Feb
Reuters India  Jan 14 2008 10:58AM UTC

LONDON (Reuters) - British airline Virgin Atlantic said on Monday it would run the world's first commercial jet flight powered by biofuel between London Heathrow and Amsterdam next month.

Westerners 'outsourcing pollution'
CHINAdaily  Jan 15 2008 2:46AM UTC

Western nations are contributing to China's CO2 emissions, according to a report from the World Wide Fund for Nature (WWF) and Norwegian University of Science and Technology.



SUBSCRIBE
If this newsletter has been forwarded to you and you wish to benefit from this free service, Click Here to receive our daily Carbon Market Headlines direct to your inbox.

UNSUBSCRIBE
If you are currently subscribed to Carbon Market Headlines and no longer wish to receive this service, please email: info@newcarbonfinance.com.

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.