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Europe

EU carbon surges late, boosted by German auction
Reuters  Jan 14 2010 6:49AM UTC

Defying a weaker energy complex, European carbon prices surged by two percent late on Wendesday, boosted by a German permit auction, after the spending much of the day in negative territory, traders said.

Snubbed in Copenhagen, EU weighs climate options
Reuters  Jan 14 2010 6:52AM UTC

The bloc's environment ministers will conduct a post-mortem on Copenhagen when they hold an informal meeting in the Spanish city of Seville on Saturday.

International Markets

CPC completes 1st carbon reduction plan
The China Post  Jan 14 2010 6:44AM UTC

CPC Corp., Taiwan's state-run refiner, has completed its first five-year carbon reduction effort, its supervisory agency, Ministry of the Economic Affairs said yesterday.

Exporters warned of carbon standards
Bangkok Post  Jan 14 2010 6:29AM UTC

Thai exporters must act to be ready to comply with upcoming stringent carbon emission standards to be imposed by the United States and Japan, a United Nations agency warns.

S. Korea authorizes 'low carbon, green growth' law
Xinhua News Agency  Jan 14 2010 6:35AM UTC

South Korean president Lee Myung-bak formally put through the "low carbon, green growth" law Wednesday, reinforcing his pledge to become a leader in green growth in the international community.

India Plans USD 16bn Energy-Saving Market to Curb Emissions
Business Week  Jan 14 2010 6:54AM UTC

India, the world’s fourth-largest polluter, plans to start a market to trade energy-saving credits that may reach USD 16bn in five years as it seeks to curb emissions that cause global warming.

Post 2012

China-led group to meet ahead of climate deadline
Reuters  Jan 14 2010 6:48AM UTC

Four of the world's largest and fastest-growing carbon emitters will meet in New Delhi this month ahead of a Jan 31 deadline for countries to submit their actions to fight climate change.

Voluntary market

Voluntary carbon market hoping for growth in 2010
Reuters  Jan 14 2010 6:46AM UTC

The market for voluntary carbon offsets is pinning its hopes on growth this year after demand stalled in 2009 as companies cut back spending on reducing their carbon footprints due to the economic slowdown.

North America market

Suit could block state action on carbon emissions
New Mexico Business Weekly  Jan 14 2010 6:41AM UTC

Local utilities, businesses and some state legislators said they filed a joint lawsuit Jan. 13 to challenge the state Environmental Improvement Board’s authority to regulate greenhouse gas emissions in New Mexico.

Australia

Cull camels to cut emissions: Opposition
ABC News  Jan 14 2010 6:56AM UTC

The Federal Opposition's agriculture spokesman says eliminating Australia's feral camels would mean huge savings in carbon emissions. The Commonwealth has committed USD 18m to cull the huge camel population.

Reconsider carbon plan, says adviser
The Age  Jan 14 2010 6:45AM UTC

One of the Government's key business advisers on the emissions trading scheme has called for a fresh look at whether the plan should go ahead.

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