The first New Energy Finance Summit and Awards takes place in London on 28/29 February.

Tickets are going fast, so make sure not to miss out on what is set to be a great event.

We are pleased to invite suppliers to the Voluntary Carbon Market to participate in our survey for our forthcoming free report “State of the Voluntary Carbon Market 2007”.


EU ETS

Member states reaffirm concern over new EU emission trading scheme
EUobserver  Feb 19 2008 8:51AM UTC

19.02.2008 - 09:15 CET | By Renata Goldirova A group of EU states has written to the European Commission, demanding clarification of its recently proposed overhaul of the union's emissions trading scheme, the cornerstone of its strategy against

Kyoto market

Saudi, Norway back carbon capture for CDM: paper
Reuters  Feb 18 2008 12:22PM UTC

OSLO (Reuters) - Oil exporters Saudi Arabia and Norway will cooperate to get carbon capture and storage (CCS) -- burying greenhouse gases -- recognized as a way for rich countries to offset their emissions, a Norwegian daily reported.

SA still lacks incentive to go CDM route
Engineering News  Feb 18 2008 1:24PM UTC

It has been highlighted that there was no single sector of industry that was emerging as a leader in the development of clean development mechanism (CDM) projects in South Africa.

North America market

Kansas House OKs coal plant bill; final approval set for Tuesday
Lawrence Journal-World  Feb 18 2008 9:44PM UTC

A bill allowing two coal-fired power plants in southwest Kansas won first-round approval Monday in the House after members rejected proposed limits on carbon dioxide emissions. The vote to advance the bill was 73-45.

Environmentalists press Ottawa to clean up Alberta oil sands
Sustain-Online  Feb 18 2008 2:45PM UTC

- Canada's vast oil sands are the 'most destructive project on the planet,' environmentalists said Friday, accusing Ottawa of not enforcing its environmental laws to allow projects to blossom.

Voluntary market

N. Carolina utilities want to offer carbon offsets
Reuters UK  Feb 18 2008 9:30PM UTC

WILMINGTON, N.C., Feb 18 (Reuters) - The North Carolina utilities owned by Duke Energy Corp (DUK.N: Quote, Profile, Research) and Progress Energy Inc (PGN.

Norway mall offers shoppers greenhouse gas credits
Reuters  Feb 18 2008 4:31PM UTC

OSLO (Reuters) - Half a kg of salmon; two kg of potatoes; a tonne of greenhouse gas reductions -- shoppers at one Norwegian mall can now buy cuts in their carbon footprint as they pick up their weekly groceries.

Australia

Former Cabinet officials say Australia should have ratified Kyoto Protocol years ago
International Herald Tribune  Feb 18 2008 10:49AM UTC

Peter Costello, who was former Prime Minister John Howard's deputy in the Liberal Party which ruled Australia for 11 years, said in a television interview broadcast Monday that Australia should have ratified the U.N. agreement when it was first signed

CCS

World's Most Advanced Carbon Capture Technology Comes to Australia
Calibre Macro World  Feb 18 2008 3:38PM UTC

BRISBANE, Australia, Feb. 18 /PRNewswire-FirstCall/ -- An Australian-based company has acquired the Asia-Pacific rights to the world's most advanced carbon capture and storage system. EESTech Inc., (EESH.

U.S. CCS enters new phase
Scandinavian Oil-Gas Magazine  Feb 18 2008 2:22PM UTC

Oslo conference on CCS The United States Department of Energy recently awarded the Midwest Geological Sequestration Consortium a contract to begin a large-scale carbon capture and storage (CCS) project in Decatur, Illinois-the first of its kind in

Other

UK Government: Benn announces statutory review of 2050 climate target
Macro World Investor  Feb 19 2008 12:02AM UTC

A review of the target to reduce the UK's CO2 emissions by at least 60 per cent by 2050 will become a statutory duty under the Climate Change Bill, Environment Secretary Hilary Benn said today.



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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.