The FT reported this week that Russian energy giant Gazprom has announced plans to enter the carbon emissions market in a joint venture with Dresdner Kleinwort.
“The joint venture between Gazprombank, part of the Gazprom Group, and Dresdner Kleinwort will invest in projects generating “carbon credits” under the Kyoto protocol, mainly in Russia and eastern Europe.
Analysts have [...]

The US National Oceanic and Atmospheric Administration (NOAA) first released and then withdrew December 2006 data regarding carbon dioxide emissions.  According to this Guardian report, even the data which has been officially published shows that CO2 emissions are still increasing.
“Pieter Tans, the scientist in charge of the data, said: “It doesn’t affect the trend, there [...]

Over at New Values Community (NVC), they report on an analysis of carbon prices by investment bank UBS.  Money quotes (with speaker indicated):
[UBS:] “We… believe there is further downside risk in the 2007 CO2-price… We reduce our average 2007 CO2 price estimate from €5.00 per tonne to €3.00 per tonne. We believe that the carbon [...]

The UK Treasury has made available a Postcript and Technical Annex on the Stern Report into the economics of climate change.  The Postscript is a reaction to some of the comments made when the original report was released in November 2006, while the Technical Annex presents a Sensitivity Analysis of the model used in the study.  [...]

British supermarket chain, Marks and Spencer, announced plans yesterday to spend GBP 200 million (300 million euros) to become carbon-neutral by 2012. 
A cynic would note that the target market for M&S groceries is wealthier on average than is the British population as a whole, so this high-profile focus on environmental issues would play well to [...]