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EU ETS

Member States to object to tighter limits on CERs/ERUs in Phase 3: Deutsche Bank
Carbon Yatra  Jan 24 2008 8:32PM UTC

Deutsche Bank has released the following reaction to the new EU ETS Phase 3 proposals yesterday: The cap will be cut to 1,720Mt by 2020, with much more auctioning.
Italy wants to discuss EU climate targets
Reuters  Jan 24 2008 5:28PM UTC

BARI, Italy (Reuters) - Italy wants to discuss with the European Commission its new targets under the EU plan to fight climate change and expects Brussels to be flexible in the debate, Italy's Economic Development Minister said on Thursday.
Poland may fight for concessions on EU climate change package
Interactive Investor International  Jan 24 2008 12:02PM UTC

WARSAW (Thomson Financial) - Poland is likely to fight to change the European Union's new plan to produce cleaner energy, which it says may hurt its fast-growing emerging economy by forcing coal-fired power companies to raise prices as they seek funds
Wrap-up: reactions to EU climate and energy package
EurActiv.com  Jan 24 2008 12:17PM UTC

The CO2 reduction and renewable energy targets put forward by the Commission yesterday (23 January) have evoked a flood of reactions from member states, industry, NGOs and other stakeholders. EurActiv provides an overview.
Kyoto market

Swiss Re closes CER sale for Government of Luxembourg
Carbon Yatra  Jan 25 2008 12:51AM UTC

Swiss Re has announced it has closed a carbon markets transaction with the Ministry of Environment of the Government of Luxembourg.
Innovations could cut CO2 emissions by 45 bil. tons in 2050+
Calibre Macro World  Jan 24 2008 12:54PM UTC

TOKYO, Jan. 24-(Kyodo), Global emissions of carbon dioxide could be reduced by 45 billion tons by 2050 and help the world halve greenhouse gas emissions from the 2005 level if innovative energy-saving technologies envisioned by the Japanese government
Baosteel Unit Inked 1st CDM Pact with UK, Swiss Firms
TradingMarkets  Jan 24 2008 10:13AM UTC

(SinoCast via COMTEX) -- BAOSF | news | PowerRating | PR Charts -- Shanghai-based steelmaker Baoshan Iron & Steel Co., Ltd. (SHSE: 600019) will sell carbon dioxide emission reduction credits to UK's Arreon Carbon Ltd.
North America market

Alberta green plans would see first real reduction in emissions in 2020
Yahoo! Canada  Jan 24 2008 10:41PM UTC

EDMONTON - Alberta has rolled out a plan that allows total greenhouse gas emissions to increase another 12 years before starting a gradual reduction.
CCS

Aker says to build $159 million carbon unit
Reuters  Jan 24 2008 2:33PM UTC

OSLO (Reuters) - Norwegian industrial group Aker ASA said it and a partner will invest 875 million crowns ($159.3 million) to build a facility to capture carbon dioxide emissions, saying it will be the first and biggest of its kind.
Other

Kite-powered cargo ship sets sail [Date: 2008-01-24] The world's first commercial cargo ship partially powered
Cordis  Jan 24 2008 4:36PM UTC

powered cargo ship sets sail [Date: 2008-01-24] The world's first commercial cargo ship partially powered by a giant kite has set off on its maiden voyage to cross the Atlantic om Germany to Venezuela.

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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.