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

Slovaks drop suit against EU over CO2 limit -Reuters
Guardian Unlimited  Jan 16 2008 12:51PM UTC

BRATISLAVA, Jan 16 (Reuters) - The Slovak government has dropped a law suit it filed against the European Commission over the national allocation of carbon emission allowances for 2008-2012, a spokeswoman said on Wednesday.
EU's Barroso hits back at critics of climate plan
Reuters  Jan 16 2008 12:23PM UTC

(Reuters) - European Commission President Jose Manuel Barroso hit back on Wednesday at criticism from member states and industry of planned radical proposals to fight climate change and save energy.
EU threatens 50,000 jobs with CO2 plan: German steelmakers
Yahoo! UK and Ireland  Jan 16 2008 7:45PM UTC

BERLIN (AFP) - The German steel industry warned Thursday of huge job losses if the European Commission went ahead with a new emissions trading scheme in its climate protection drive.
Euroclear launches carbon emission rights settlement service
Finextra Research  Jan 16 2008 4:17PM UTC

Euroclear Bank will be the first international settlement infrastructure provider to offer settlement and safekeeping services for European Union Allowance units (EUAs) and Certified Emission Rights (CERs).Leveraging its expertise in settling trades
Kyoto market

HKEx looks to carbon trading
Financial Times  Jan 16 2008 11:19PM UTC

Hong Kong Exchanges and Clearing on Wednesday said it was looking to partner with an overseas exchange this year to create a trading platform for carbon credits or other emissions-related products.
Australia appeals US to ratify Kyoto protocol
The Hindu  Jan 17 2008 6:10AM UTC

Melbourne (PTI): Australia has appealed the US to ratify the Kyoto protocol ahead of the second round of climate change talks in Hawaii.
Post 2012

British PM puts climate change on China agenda
China Economic Review  Jan 17 2008 4:34AM UTC

British prime minister Gordon Brown will try to get China's support for a new climate change regime when he visits today, AFP reported. Brown, who will visit India after China, said he wants the two countries' support for a post-Kyoto Protocol deal.
Norway says aims to go carbon neutral by 2030
Reuters  Jan 17 2008 8:52AM UTC

(Reuters) - The Norwegian government has reached an agreement with three opposition parties to bring forward a goal for Norway to go 'carbon neutral' to 2030 from an earlier target of 2050, officials said on Thursday.
Activists lament lack of action post-Bali
Jakarta Post  Jan 17 2008 4:26AM UTC

Adianto P. Simamora, The Jakarta Post, JakartaEnvironmental campaigners expressed regret Wednesday about the absence of concrete government action to follow up on the UN-sponsored Bali conference on climate change.
CCS

Siemens, E.ON to cooperate on climate-friendly power plant technology
FinanzNachrichten.de  Jan 16 2008 11:42AM UTC

MUNICH (Thomson Financial) - Siemens AG (News/Aktienkurs) and E.ON AG (News/Aktienkurs) are to cooperate on the development of climate-friendly power plant technology, the companies said in a joint statement. No financial details were disclosed.
State seeks deep sites to hold greenhouse gas
Times Union  Jan 16 2008 11:39AM UTC

ALBANY -- The state is joining the hunt for the holy grail of global warming -- a way to reach deep underground to permanently entomb fossil fuel-emitted carbon dioxide, a greenhouse gas that fuels rising temperatures.
Other

Exchanges bet on change in climate for carbon trading
Financial Times  Jan 16 2008 8:59PM UTC

On the UN's website for the Framework Convention on Climate Change, there is an interactive map showing the location of all the emissions reduction projects under its clean development mechanism.
BA to examine effect of air travel on climate
The Times  Jan 16 2008 1:11PM UTC

British Airways aircraft are to be used to gather data about the hidden impact of air travel on climate change in research that could result in much higher environmental surcharges on tickets than expected.

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.