13:05 ET Dow -154.48 at 10309.92, Nasdaq -37.61 at 2138.44, S&P -19.130 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 13:05 ET Dow -154.48 at 10309.92, Nasdaq -37.61 at 2138.44, S&P -19.1313:05 ET Dow -154.48 at 10309.92, Nasdaq -37.61 at 2138.44, S&P -19.13

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Tuesday, July 19, 2011

7/19/2011

'Carbon Market News from Point Carbon, a Thomson ReutersCompany

This is Carbon Market News delivered to you by Point Carbon http://www.pointcarbon.com http://www.thomsonreuters.com

You are welcome to forward this to anyone who may find its contents of interest.

Today's headlines

*EU picks seven biofuel schemes for renewable target *EUAs march higher with power, oil as CERs unfazed *Poland earmarks AAU cash for U.N. climate aid *EIB to launch NER300 tender this month,resultsdue Q4 *Japan asks for new bilateral offset proposals *EDF Trading and Mizuho ink carbon credit tie-up *Fortum’s ETS emissions unchanged in H1 *First Australian permit auction unlikely before mid-2014: Westpac

Markets

EUAs march higher with power, oil as CERs unfazed EU allowances firmed by 1.5 percent on Tuesday, buoyed by utility buying on the back of rising oil and power prices, while certified emissions reductions (CERs) failed to notch similar gains. http://www.pointcarbon.com/news/1.1560920

Poland earmarks AAU cash for U.N. climate aid Poland will this year contribute some 10 million euros to a U.N. climate fund - money it has raised from selling suprlus Kyoto emission rights. http://www.pointcarbon.com/news/1.1560896

EIB to launch NER300 tender this month, results due Q4 The European Investment Bank (EIB) on Tuesday said it will launch a tender later this month to select the exchanges and banks that will help it to start selling some 300 million EU carbon permits by the end of the year. http://www.pointcarbon.com/news/1.1560864

EDF Trading and Mizuho ink carbon credit tie-up EDF Trading has joined forces with Japan-based Mizuho Corporate Bankto launch a service offering carbon credits to Japanese customers. http://www.pointcarbon.com/news/1.1560818

Fortum’s ETS emissions unchanged in H1 Finnish utility Fortum on Tuesday said its carbon dioxide (CO2) emissions subject to EU carbon trading were flat in first-half 2011 versus a year ago, and that it had hedged half of its estimated forward power sales for 2012. http://www.pointcarbon.com/news/1.1560817

First Australian permit auction unlikely before mid-2014: Westpac Australia is unlikely to start auctioning permits under itsplanned emissions trading scheme until after caps for scheme participants have been set on 31 May 2014, bank Westpac said Tuesday. http://www.pointcarbon.com/news/1.1560738

Policy

EU picks seven biofuel schemes for renewable target The European Commission on Tuesday endorsed seven voluntary biofuel schemes designed to help firms comply with EU-wide renewable energy goals in the transport sector, but some green groups contest whether the schemeswillhelp cut emissions. http://www.pointcarbon.com/news/1.1560881

EIB to launch NER300 tender this month, results due Q4 The European Investment Bank (EIB) on Tuesday said it will launch a tender later this month to select the exchanges and banks that will help it to start selling some 300 million EU carbon permits by the end of the year. http://www.pointcarbon.com/news/1.1560864

Japan asks for new bilateral offset proposals Japan on Tuesday invited companies to bid for government funding to develop foreign offsets under a planned bilateral offset mechanism, the second such call this fiscal year. http://www.pointcarbon.com/news/1.1560848

Corporate

EDF Trading and Mizuho ink carbon credit tie-up EDF Trading has joined forces with Japan-based Mizuho Corporate Bankto launch a service offering carbon credits to Japanese customers. http://www.pointcarbon.com/news/1.1560818

STORIES FROM REUTERS GLOBAL ENERGY AND CLIMATE SUMMIT

More than 60 global decision-makers in the energy field spoke at the Reuters Global Energy and Climate Summit. Here is a sample of the exclusive storieson the powerchallenges of the 21st century:

http://graphics.thomsonreuters.com/11/06/EnergySummit.pdf

CONFERENCES

Point Carbon Thomson Reuters events:

CO Introductory course with focus in Australian market 27 July Sydney& 29July Melbourne, last time to register!!! Department of Climate Change and Energy Efficiency speakers now confirmed! This is an exceptional opportunity to discuss the proposed Carbon Pricing scheme directlywith high level government representatives. The course is designed forcompanies and organizationswith an interest in the Australian carbon markets. For more information and registration please visit: www.pointcarbon.com/events/trainingcourse/cointro/

Seventh Australia-New Zealand Climate Change and Business Conference 1-2 August 2011, Wellington, New Zealand Key 2011 Conference themes: * What has been the impact of a carbon price in NZ and learnings for Australia * Carbon price impacts on agriculture, energy markets and land use * Business action on C02 emissions amongst our keytrading partners * Policy development internationally and potentialimpact on our region * The necessity of adaptation and some best practice case studies For more information and registration please visit: www.climateandbusiness.com/

CO2 Intro and Advanced Course - Towards a Western Market 20 -21 September 2011, Los Angeles Do you have team members that require knowledge of the carbon markets? Thomson Reuters Point Carbon is holding a two-day course about all aspects of the California, the Western Climate Initiative (WCI) and global carbon markets. The courses are designed for companies and other organizationswith a stake in carbon markets who want a thorough understanding of the structure and dynamics. To find out more,or to register, click here - http://www.pointcarbon.com/events/trainingcourse/

If you have any questions and comments,contact Point Carbon News:

Email: news@pointcarbon.com

Disclaimer: The information provided to you through the links to otherwebsites is provided solely as a resource and convenience. Point Carbon makes no warranty, either expressed or implied, as to the accuracy, reliability or content of such information.

How to unsubscribe to Point Carbon’s mailing lists: To unsubscribe from Point Carbon’s e-mail services, please go to our website www.pointcarbon.com. Log in and click the “Myaccount”linkabove the loginfields. On the “My account” page you can administer your own subscriptions. If you do not have a user name and password, you may unsubscribe to this mailing list by visiting this page: http://www.pointcarbon.com/pages/user/unsubscribe.faces and follow the instructions. If you still have trouble, please contact our IT support at tech@pointcarbon.com'>Carbon Market News from Point Carbon, a Thomson ReutersCompany

This is Carbon Market News delivered to you by Point Carbon http://www.pointcarbon.com http://www.thomsonreuters.com

You are welcome to forward this to anyone who may find its contents of interest.

Today's headlines

*EU picks seven biofuel schemes for renewable target *EUAs march higher with power, oil as CERs unfazed *Poland earmarks AAU cash for U.N. climate aid *EIB to launch NER300 tender this month,resultsdue Q4 *Japan asks for new bilateral offset proposals *EDF Trading and Mizuho ink carbon credit tie-up *Fortum’s ETS emissions unchanged in H1 *First Australian permit auction unlikely before mid-2014: Westpac

Markets

EUAs march higher with power, oil as CERs unfazed EU allowances firmed by 1.5 percent on Tuesday, buoyed by utility buying on the back of rising oil and power prices, while certified emissions reductions (CERs) failed to notch similar gains. http://www.pointcarbon.com/news/1.1560920

Poland earmarks AAU cash for U.N. climate aid Poland will this year contribute some 10 million euros to a U.N. climate fund - money it has raised from selling suprlus Kyoto emission rights. http://www.pointcarbon.com/news/1.1560896

EIB to launch NER300 tender this month, results due Q4 The European Investment Bank (EIB) on Tuesday said it will launch a tender later this month to select the exchanges and banks that will help it to start selling some 300 million EU carbon permits by the end of the year. http://www.pointcarbon.com/news/1.1560864

EDF Trading and Mizuho ink carbon credit tie-up EDF Trading has joined forces with Japan-based Mizuho Corporate Bankto launch a service offering carbon credits to Japanese customers. http://www.pointcarbon.com/news/1.1560818

Fortum’s ETS emissions unchanged in H1 Finnish utility Fortum on Tuesday said its carbon dioxide (CO2) emissions subject to EU carbon trading were flat in first-half 2011 versus a year ago, and that it had hedged half of its estimated forward power sales for 2012. http://www.pointcarbon.com/news/1.1560817

First Australian permit auction unlikely before mid-2014: Westpac Australia is unlikely to start auctioning permits under itsplanned emissions trading scheme until after caps for scheme participants have been set on 31 May 2014, bank Westpac said Tuesday. http://www.pointcarbon.com/news/1.1560738

Policy

EU picks seven biofuel schemes for renewable target The European Commission on Tuesday endorsed seven voluntary biofuel schemes designed to help firms comply with EU-wide renewable energy goals in the transport sector, but some green groups contest whether the schemeswillhelp cut emissions. http://www.pointcarbon.com/news/1.1560881

EIB to launch NER300 tender this month, results due Q4 The European Investment Bank (EIB) on Tuesday said it will launch a tender later this month to select the exchanges and banks that will help it to start selling some 300 million EU carbon permits by the end of the year. http://www.pointcarbon.com/news/1.1560864

Japan asks for new bilateral offset proposals Japan on Tuesday invited companies to bid for government funding to develop foreign offsets under a planned bilateral offset mechanism, the second such call this fiscal year. http://www.pointcarbon.com/news/1.1560848

Corporate

EDF Trading and Mizuho ink carbon credit tie-up EDF Trading has joined forces with Japan-based Mizuho Corporate Bankto launch a service offering carbon credits to Japanese customers. http://www.pointcarbon.com/news/1.1560818

STORIES FROM REUTERS GLOBAL ENERGY AND CLIMATE SUMMIT

More than 60 global decision-makers in the energy field spoke at the Reuters Global Energy and Climate Summit. Here is a sample of the exclusive storieson the powerchallenges of the 21st century:

http://graphics.thomsonreuters.com/11/06/EnergySummit.pdf

CONFERENCES

Point Carbon Thomson Reuters events:

CO Introductory course with focus in Australian market 27 July Sydney& 29July Melbourne, last time to register!!! Department of Climate Change and Energy Efficiency speakers now confirmed! This is an exceptional opportunity to discuss the proposed Carbon Pricing scheme directlywith high level government representatives. The course is designed forcompanies and organizationswith an interest in the Australian carbon markets. For more information and registration please visit: www.pointcarbon.com/events/trainingcourse/cointro/

Seventh Australia-New Zealand Climate Change and Business Conference 1-2 August 2011, Wellington, New Zealand Key 2011 Conference themes: * What has been the impact of a carbon price in NZ and learnings for Australia * Carbon price impacts on agriculture, energy markets and land use * Business action on C02 emissions amongst our keytrading partners * Policy development internationally and potentialimpact on our region * The necessity of adaptation and some best practice case studies For more information and registration please visit: www.climateandbusiness.com/

CO2 Intro and Advanced Course - Towards a Western Market 20 -21 September 2011, Los Angeles Do you have team members that require knowledge of the carbon markets? Thomson Reuters Point Carbon is holding a two-day course about all aspects of the California, the Western Climate Initiative (WCI) and global carbon markets. The courses are designed for companies and other organizationswith a stake in carbon markets who want a thorough understanding of the structure and dynamics. To find out more,or to register, click here - http://www.pointcarbon.com/events/trainingcourse/

If you have any questions and comments,contact Point Carbon News:

Email: news@pointcarbon.com

Disclaimer: The information provided to you through the links to otherwebsites is provided solely as a resource and convenience. Point Carbon makes no warranty, either expressed or implied, as to the accuracy, reliability or content of such information.

How to unsubscribe to Point Carbon’s mailing lists: To unsubscribe from Point Carbon’s e-mail services, please go to our website www.pointcarbon.com. Log in and click the “Myaccount”linkabove the loginfields. On the “My account” page you can administer your own subscriptions. If you do not have a user name and password, you may unsubscribe to this mailing list by visiting this page: http://www.pointcarbon.com/pages/user/unsubscribe.faces and follow the instructions. If you still have trouble, please contact our IT support at tech@pointcarbon.com