By refusing to sign on to the Kyoto climate treaty, Americans have insulated ourselves from the complexities of the carbon market the European Union has been trading in for the last three years. But that state of ignorance, while not exactly blissful, is about to end. Read more »

Exploration and production major Oil & Natural Gas Corporation is in talks with 12 international players for developing deep and ultra-deep fields in Mahanadi and KG basins, the company chairman and managing director RS Sharma saidon Tuesday. Read more »

TrustPower has agreed to sell carbon credits from its Tararua 111 wind farm to Japan's Kansai Electric Power Company until 2012. Under an emission reduction purchase agreement brokered by TFS Energy, TrustPower will sell 300,000 credits to Kansai Electric, which serves around 20 million customer in western Japan including Osaka and Kyoto. Read more »

Electricity generator TrustPower has agreed to sell carbon credits from its Tararua 111 wind farm to Japan's Kansai Electric Power Company until 2012. Read more »