In this issue:

POLICY
1.1. Fresh talks but little hope on climate change, No new pledges as US objections scupper action
1.2. G 8 leaders boost climate negotiations
1.3. EU Commission Targets Member States over Biofuels

ENERGY AND EMISSIONS
2.1. Next steps for EU carbon trading explored
2.2. Japan Delays Biofuel Introduction, Scarcity Seen
2.3. Europe 's pollution penalties up 10% to record

CLIMATE IMPACTS
3.1. NASA Able to Pinpoint Changes in Sea Levels, New Satellites May Help Explore Global Warming 3.2. North Atlantic Ocean Temps Hit Record High

PUBLICATIONS
4.1. "How attractive are forest carbon sinks? Economic insights into supply and demand of CER"
4.2. New publications by Henderson Global Investors
4.3. The political declaration of the APPCRE
4.4. G8 Climate Scorecards
4.5. Modelling 2 °C global warming
4.6. Climate Change & the Financial Sector: An Agenda for Action
4.7. A Guide to Bundling Small-scale CDM Projects
4.8. Tiempo Climate Newswatch
4.9. A new policy brief by CEPS on the US budget for climate change
4.10. Climate deniers' toolkit

ANNOUNCEMENTS
5.1. JI project in Ukraine for comments
5.2. Vacancy for Ukrainian JI specialist
5.3. Internship at Friends of the Earth Europe: Anti-nuclear campaign 2005-2006