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

Euro 1-1.5 billion in carbon emissions costs for RWE
Carbon Yatra  Feb 23 2008 8:54AM UTC

bln in annual costs from carbon dioxide emissions until 2012. Also by 2012, RWE aims to more than triple its installed renewable generation capacity.
NYMEX to Launch First Contracts in Green Exchange Initiative
Earthtimes.org  Feb 25 2008 10:05AM UTC

NEW YORK, Feb. 25 -- The New York Mercantile Exchange, Inc., a subsidiary of NYMEX Holdings, Inc.
EU's Dimas orders Greece to step up efforts to meet climate change targets
Interactive Investor International  Feb 22 2008 3:44PM UTC

BRUSSELS (Thomson Financial) - EU environment commissioner Stavros Dimas ordered Greece to adopt additional measures to meet CO2 reduction goals set out by the bloc and the Kyoto Protocol.
Kyoto market

Russia pledges to honor obligations under Kyoto protocol
Calibre Macro World  Feb 23 2008 7:10PM UTC

(Xinhua via COMTEX) -- Russian Deputy Foreign Minister Alexander Yakovenko said on Saturday that Russia will perform its obligations under the Kyoto Protocol and has all the necessary instruments for that.
EcoSecurities signs 4 emission reduction purchase agreements in China
FinanzNachrichten.de  Feb 25 2008 9:06AM UTC

LONDON (Thomson Financial) - EcoSecurities Group PLC (News) said it has signed four emission reduction purchases agreements in China, the first transactions under its 1 bln eur carbon purchase facility agreed with Credit Suisse.
Australia says carbon emissions keep growing
Reuters  Feb 25 2008 6:45AM UTC

(Reuters) - Australia's carbon emissions would continue to grow due to a heavy reliance on coal for electricity, a government report said on Monday, although the country would meet its Kyoto emissions targets by 2012.
Carbon credits can't be traded for long-term ECBs
Times of India  Feb 22 2008 9:01PM UTC

MUMBAI: Companies wanting to settle carbon credits against overseas borrowings for a period exceeding one year are facing regulatory hurdles.
Sugarcane waste power project in Pakistan seeks carbon credits
Carbon Yatra  Feb 23 2008 11:42PM UTC

Pakistan's FESCO has signed a power purchase agreement for a 7 MW project using molasses, a waste product from sugarcane, to produce bio gas for electricity generation. The project is by Shakarganj Sugar Mills, Jhang, in Faisalabad.
India demands change in the definition of forest
Times of India  Feb 24 2008 10:04AM UTC

NEW DELHI: India has asked the Clean Development Mechanism (CDM) Executive Board, set up under the Kyoto Protocol, to change the definition of 'forest' for the country so as to encourage small farmers to take up the projects in the forestry sector.
North America market

O'Malley pushes forward on the environment
Macro World Investor  Feb 24 2008 1:50PM UTC

David NitkinThe Baltimore Sun Feb. 24--IN FOCUS // POLITICS Maryland Gov.
Post 2012

INTERVIEW-Tokyo eyes pioneer emissions trade scheme for 2010
Reuters UK  Feb 22 2008 10:04AM UTC

BEIJING, Feb 22 (Reuters) - Tokyo could set up a pioneering emissions trading scheme by the end of the decade, a city official said, potentially adding to pressure for a nationwide exchange but also providing a model for the country.
Other

London mayor plans to contest Porsche legal action
Reuters  Feb 23 2008 11:39AM UTC

(Reuters) - London Mayor Ken Livingstone will contest luxury car maker Porsche's threatened legal challenge over his plan to tax gas guzzling cars driving in the city centre, a mayoral spokeswoman said on Saturday.
Virgin Atlantic flies Boeing 747 powered by biofuel
NWCN.com  Feb 25 2008 6:00AM UTC

LONDON - Virgin Atlantic carried out the world's first flight of a commercial aircraft powered with biofuel on Sunday in an effort to show it can produce less carbon dioxide than normal jet fuels.

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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.