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<head< <title<Eyeforenergy Briefing</title< <meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1"< </head< <body bgcolor="#FFFFFF"< <table width="752" border="0" cellspacing="0" cellpadding="0" align="center" vspace="0" hspace="0"< <tr< <td height="57" width="203"<<img src="http://www.eyeforenergy.com/pics/newsletter/logo.gif" width="203" height="77" name="logo" border="0" vspace="0" hspace="0"<</td< <td height="57" width="55"<<img src="http://www.eyeforenergy.com/pics/newsletter/space.gif" width="55" height="77" border="0" vspace="0" hspace="0"<</td< <!--td height="57" bgcolor="#000066" colspan="4"<<img src="http://www.eyeforenergy.com/pics/newsletter/gearstick.gif" width="468" height="60"<</td--< <td height="57" bgcolor="#000066" colspan="4"<<a href="http://www.eyeforenergy.com/branch.shtml"<<img src="http://www.eyeforenergy.com/pics/weather2002.gif" width="468" height="60" border="0" vspace="0" hspace="0" align="right"< <td height="57" width="22" bgcolor="#000066"<<img src="http://www.eyeforenergy.com/pics/newsletter/blueend.gif" width="22" height="77" border="0" vspace="0" hspace="0" align="right"<</td< </tr< <tr< <td width="203" height="5"<<img src="http://www.eyeforenergy.com/pics/newsletter/ebrief.gif" width="203" height="30" border="0" vspace="0" hspace="0"<</td< <td width="55" height="5"<<a href="http://www.eyeforenergy.com/index.asp"<<img src="http://www.eyeforenergy.com/pics/newsletter/home.gif" width="55" height="30" border="0" vspace="0" hspace="0" alt="HOME"<</a<</td< <td width="62" height="5"<<a href="http://www.eyeforenergy.com/events.shtml"<<img src="http://www.eyeforenergy.com/pics/newsletter/event.gif" width="61" height="30" border="0" vspace="0" hspace="0" alt="EVENTS"<</a<</td< <td width="80" height="5"<<a href="http://www.eyeforenergy.com/advertise.shtml"<<img src="http://www.eyeforenergy.com/pics/newsletter/ads.gif" width="80" height="30" border="0" vspace="0" hspace="0" alt="ADVERTISE"<</a<</td< <td width="142" height="5"<<a href="http://www.eyeforenergy.com/directories.shtml"<<img src="http://www.eyeforenergy.com/pics/newsletter/ind.gif" width="142" height="30" border="0" vspace="0" hspace="0" alt="INDUSTRY DIRECTORY"<</a<</td< <td width="189" height="5"<<img src="http://www.eyeforenergy.com/pics/newsletter/inthis.gif" width="189" height="30" border="0" vspace="0" hspace="0"<</td< <td width="22" height="5"<<img src="http://www.eyeforenergy.com/pics/newsletter/end.gif" width="22" height="30" border="0" vspace="0" hspace="0"<</td< </tr< </table< <table width="752" border="0" cellspacing="0" cellpadding="0" align="center" valign="top" height="462" vspace="0" hspace="0"< <tr bgcolor="#000066"< <td height="714"< <table width="750" border="0" cellspacing="0" cellpadding="0" vspace="0" hspace="0" align="center" valign="TOP" height="480"< <tr valign="top" bgcolor="#FFFFFF"< <td height="731" width="555"<<!--Main table --< <table width="100%" border="0" cellspacing="2" cellpadding="2" name="Date & Issue" vspace="0" hspace="0"< <tr< <td width="66%"< <table width="95%" border="1"<<tr<<td align="center"<<font size="1" color="red" face="Arial, Helvetica, sans-serif"<Please find below a sample copy of the most recent Eyeforenergy Briefing, which is sent every two weeks to anyone in the energy industry who are interested in news, features and interviews about everything from <b<e-business</b< and <b<energy deregulation</b< to <b<risk management</b<, <b<online energy trading</b<, <b<renewable energy</b<, <b<emissions</b< and <b<weather derivative trading</b<.<br<<br<<u<IMPORTANT</u<: You are currently subscribed as kwatson@enron.com to receive this FREE Briefing each week in HTML format, with the next issue being published on the 7th February. If you wish to change your subscription to Text Only, please <a href="http://www.eyeforenergy.com/textonly.asp?email=kwatson@enron.com" target="_new"<click here</a<. If you wish to OPT OUT of this list, simply <a href="http://www.eyeforenergy.com/optout.asp?email=kwatson@enron.com" target="_new"<click here</a< at any time to ensure that you do not receive further mailings.</font<</td<</tr<</table< </td< <td width="34%" valign="top"< <div align="left"< <font face="Arial, Helvetica, sans-serif" size="1" color="#000066"< Monday, February 4, 2002<br< Issue 45 (sample copy) </font<</div< </td< </tr< </table< <p< <table width="96" border="0" cellspacing="0" cellpadding="0" vspace="0" hspace="0" name="editorial"< <tr< <td<<img src="http://www.eyeforenergy.com/pics/newsletter/hedit.gif" width="95" height="27" alt="EDITORIAL" border="0" vspace="0" hspace="0"<</td< </tr< </table< <!--Editorial content starts --< <!-- Main Editorial --< <table width="98%" border="0" cellspacing="2" cellpadding="2" vspace="0" hspace="0" name="content table"< <tr< <td height="15"<<font size="3" face="Arial, Helvetica, sans-serif" color="#000066"<<b<It remains an interesting time for the energy sector... </b<</font<</p< <font size="2" face="Arial, Helvetica, sans-serif" color="#000066"< In a scenario vaguely reminiscent of the California energy crisis, most of the news focuses around one big story- the continuing Enron saga. There's no lack of stories about the Enron disaster, and each one seems to be more dire than the last. With Congressional probes, security guards posted at Enron's headquarters and the recent sacking of an Andersen partner, it looks like the story's still got a way to play out. You can keep up with all the latest including Al Massey's ongoing articles and interviews at Eyeforenergy. <p< We've got a packed briefing for you this week. After focusing the last few editions on the developments surrounding deregulation and energy trading in both the US and Europe, we're taking a closer look at two other issues of interest to the energy community-emissions and weather. Two of the articles below focus on the growing market in emissions trading-the first a look at the market, how it's developing, where the money's to be made, and the second article takes a closer look at the regulations governing the market. We've also got an article on the latest developments in weather trading which seems to be a growing part of many energy traders portfolios and is increasingly popping up on Risk Managers' radar screens. <p< All these articles serve as an excellent segue into a few announcements here at Eyeforenergy. Just a quick reminder about the upcoming European Energy, Weather and Emissions Trading conferences in mid-February. We're quickly running out of hotel space, so if you're planning on registering make sure to do it soon before space runs out. Also, we're issuing a call for papers for our upcoming Emissions Trading show in the US... if you'd like to get involved drop our conference Director, Sarah Robinson a line at <a href="mailto:srobinson@eyeforenergy.com"<srobinson@eyeforenergy.com</a<. </font< <p< <font size="2" color="#333399" face="Arial, Helvetica, sans-serif"< --Allison Robertshaw, Editor </tr< </table< <p<<!--Editorial ends --<<!--What do you think starts --<</p< <!--End of what do you think --<<!--Start of Articles --< <!--End of Q&A --<<!--Start of Focus --< <table width="80" border="0" cellspacing="0" cellpadding="0"< <tr< <td<<img src="http://www.eyeforenergy.com/pics/newsletter/hfocus.gif" width="80" height="27" alt="FOCUS" border="0" vspace="0" hspace="0" name="Focus"<</td< </tr< </table< <table width="98%" border="0" cellspacing="2" cellpadding="2" name="Focus table" vspace="0" hspace="0"< <tr< <td<<font size="1" face="Arial, Helvetica, sans-serif" color="#000066"< <font size="3" face="Arial, Helvetica, sans-serif"<<b<<font color="#333399"< Emissions Trading: The Emerging Market </font<</b<<br< <font size="2"< <i<Mention greenhouse gas (GHG) today and you conjure up images of shrinking polar ice caps, rising oceans, depleted rain forests, expanding deserts and even rising crime rates. Although there is still much dissension among the ranks of scientists and environmentalists as to the impact GHG has on the environment, there can be little doubt the earth's climate is predicted to change because human activities are altering the chemical composition of the atmosphere through the buildup of greenhouse gases ? primarily carbon dioxide, methane, and nitrous oxide.</i<<br< <br< The heat-trapping property of these gases is undisputed. Although uncertainty exists about exactly how earth's climate responds to these gases, global temperatures are rising. In recognition of the role greenhouse gas plays in global warming and climatic change, representatives of more than... <a href="http://www.eyeforenergy.com/content.asp?nli=energy&;nld=1/24/2002&news= 25023"< <font size='2' color="red"<Click here for Full Story</font<</a<</font< <p< <font size="3" face="Arial, Helvetica, sans-serif"<<b<<font color="#333399"< Energy Policy in the U.S. </font<</b<<br< <font size="2"< <i<They say Washington is a town of give and take. The second session of the 107th Congress will resume later this month, and it is scheduled to take up the nation's energy policy legislation in February. These actions will amend the 1992 Energy Policy Act; renewable energy and climate change sections will probably be debated with significant vigor... <a href="http://www.eyeforenergy.com/content.asp?nli=energy&;nld=1/24/2002&news= 25021"< <font size='2' color="red"<Click here for Full Story</font<</a<</font< <p< </font<</td< </tr< </table< <!--End of focus --<<!--Start of Insight --< <table width="89" border="0" cellspacing="0" cellpadding="0" name="insight" vspace="0" hspace="0"< <tr< <td<<img src="http://www.eyeforenergy.com/pics/newsletter/hinsight.gif" width="89" height="27" border="0" vspace="0" hspace="0" alt="INSIGHT"<</td< </tr< </table< <table width="98%" border="0" cellspacing="2" cellpadding="2" name="Insight table" vspace="0" hspace="0"< <tr< <td<<font size="1" face="Arial, Helvetica, sans-serif" color="#000066"< <font size="3" face="Arial, Helvetica, sans-serif"<<b<<font color="#333399"< Energy and Weather, an Explosive Combination </font<</b<<br< <font size="2"< <i<With threats of a new El Ni?o forming in the tropical Pacific, predictions of warmer weather, where it is supposed to be cold and colder weather where it is supposed to warm, a new star is born, the meteorologist. Faced with paper-thin profit margins in a highly competitive market, risk managers have come to rely on meteorologist and weather forecasters as their secret weapon in developing strategies to keep their companies from being held hostage by the weather.</i<<br< <br< Weather forecasting is something akin to a black art, worthy of Merlin the Magician, for most of today's executives. Few can predict the impact each degree higher or lower than the expected temperature, will have on their company's financial statement. Fewer still have the skills necessary... <a href="http://www.eyeforenergy.com/content.asp?nli=energy&;nld=1/24/2002&news= 25026"< <font size='2' color="red"<Click here for Full Story</font<</a<</font< <p< <font size="3" face="Arial, Helvetica, sans-serif"<<b<<font color="#333399"< Despite the stance of the Bush Administration, state and industry action suggests a growing interest in greenhouse gas trading opportunities in the U.S. </font<</b<<br< <font size="2"< <i<Expect to see "Bush" and "Kyoto" back in the headlines as the U.S. Administration prepares to unveil its alternative plan for controlling greenhouse gas (GHG) emissions. In March 2001, the Bush Administration announced that it would be abandoning the Kyoto Protocol, suggesting that the treaty was "fatally flawed" and would harm the U.S. economy.</i<<br< <br< Despite protest from Europe, Japan, and other proponents of the treaty, the Administration has stuck to its decision. So for those of you that are anxiously anticipating the start of a vibrant, global market in the trade of greenhouse gas emissions, with the largest potential buyer participating... <a href="http://www.eyeforenergy.com/content.asp?nli=energy&;nld=1/24/2002&news= 25005"< <font size='2' color="red"<Click here for Full Story</font<</a<</font< <p< </font<</td< </tr< </table< <!--End of Insight --<<!--Start of Advertisment --< <table width="96" border="0" cellspacing="0" cellpadding="0" name="ad title" vspace="0" hspace="0"< <tr< <td<<img src="http://www.eyeforenergy.com/pics/newsletter/hadvert.gif" width="96" height="19" border="0" vspace="0" hspace="0" alt="ADVERTISEMENT"<</td< </tr< </table< <table width="98%" border="0" cellspacing="2" cellpadding="2" name="advert table" vspace="0" hspace="0"< <tr< <td< <div align="center"<<img src="http://www.eyeforenergy.com/pics/newsletter/line.gif" width="90%" height="1"< </div< </td< </tr< <tr< <td< <blockquote< <font size="2" face="Arial, Helvetica, sans-serif" color="#000066"<<b<Montel offers one of the most widely used information services in the northern European power markets.</b< A pioneer in the Nordic market, more than 600 companies throughout Europe now rely on the Montel Internet Service as an indispensable source for power markets data.<p<Montel provides the following services - and more:<p<<ul<<li<Montel Internet Service - real time prices, news and fundamental data<li<Powerchart.org - technical analysis for the power markets<li<Powernews.org - the European energy news provider<li<Conferences and seminars<li<Intra- and Extranet solutions tailor-made for European power companies<li<Content-on-demand</ul<Visit our website <a href="http://www.montel.no/" target="_new"<here</a<</font< </blockquote< </td< </tr< <tr< <td< <div align="center"<<img src="http://www.eyeforenergy.com/pics/newsletter/line.gif" width="90%" height="1"<</div< </td< </tr< <tr< <td< <blockquote< <font size="2" face="Arial, Helvetica, sans-serif" color="#000066"<<b<Energy Exchanges Online Europe: Energy Trading in the New Economy</b<<p<Places are filling up fast to attend next month's Energy Exchanges Online conference in Amsterdam (19-21 February). Recent efforts at deregulating the energy market in the European Union, combined with the rise of online energy exchanges, is set to make the next few months one of the most challenging and opportunity-filled periods the energy sector has seen.<p<This event, now in its 3rd year, is THE conference where the European Energy industry talks about the business of energy trading. Speakers will include: <b<Dynegy, Altra Energy, OM, Powergen, Bergen-energi, Amsterdam Power Exchange, RWE Trading, ENDESA, The Utilities Exchange, El Paso, SchlumbergerSema, TXU,</b< and many more.<p<<a href="http://www.eyeforenergy.com/eurotrading/programme.shtml"<Click here</a< to view the full conference programme.</font< </blockquote< </td< </tr< <tr< <td< <div align="center"<<img src="http://www.eyeforenergy.com/pics/newsletter/line.gif" width="90%" height="1"<</div< </td< </tr< </table< <!--End advert --<<!--Start news round up --< <table width="232" border="0" cellspacing="0" cellpadding="0"< <tr< <td<<img src="http://www.eyeforenergy.com/pics/newsletter/hweekin.gif" width="232" height="27" border="0" vspace="0" hspace="0" alt="NEWS ROUND UP - WEEK IN REVIEW"<</td< </tr< </table< <table width="98%" border="0" cellspacing="2" cellpadding="2" vspace="0" hspace="0" name="News round up"< <tr< <td width="87%" rowspan="2" valign="top"<<font face="Arial, Helvetica, sans-serif" size="1" color="#000066"< <font size="3" face="Arial, Helvetica, sans-serif"<<b<<font color="#333399"< Debate over Global Warming Heating Up </font<</b<<br< <font size="2"< <i<January 2, 2002--- New Zealand?s Business Roundtable has come out against the government ratifying the Kyoto Protocol on climate change while the minister, Pete Hodgson, has given more reasons why it should be done sooner rather than later.</i<<br< <br< In article just released, Mr Hodgson says New Zealand produces less than 0.2 per cent of world emissions but emissions per person are the fourth highest in the developed world, including large methane emissions from farming. <p< Carbon dioxide emissions have increased faster than the population... <a href="http://www.eyeforenergy.com/content.asp?nli=energy&;nld=1/24/2002&news= 25022"< <font size='2' color="red"<Click here for Full Story</font<</a<</font< <p< <font size="3" face="Arial, Helvetica, sans-serif"<<b<<font color="#333399"< Environmentalists Push for GHG Regulations </font<</b<<br< <font size="2"< <i<January 24, 2002----In what is shaping up t be a last ditch duel, pitting the oil and auto industries against environmental groups, battle lines are being drawn as California seeks to become the first state to regulate greenhouse gas emissions from cars.</i<<br< <br< The one-page measure would order the Air Resources Board to lower the amount of carbon dioxide -- one of several greenhouse gases -- spewing from the tailpipes of California's 29 million cars and light trucks. <p< If the bill doesn't pass the Assembly before the end of the month, it dies.... <a href="http://www.eyeforenergy.com/content.asp?nli=energy&;nld=1/24/2002&news= 25019"< <font size='2' color="red"<Click here for Full Story</font<</a<</font< <p< <font size="3" face="Arial, Helvetica, sans-serif"<<b<<font color="#333399"< Lay Out at Enron </font<</b<<br< <font size="2"< <i<January 24, 2002--- In an announcement that was met with surprise by some but inevitable by close observers Kenneth Lay resigned his post as CEO of embattled Enron late yesterday. Defiant in the face of mounting pressures from ex-employees and creditors, Lay said the bankrupt energy trader needs a fresh leader to turn the company around.</i<<br< <br< Lay, faced widening criminal and political investigations, finally agreed with creditors that the company needed new leadership, if it is to emerge from bankruptcy. <p< As more than a dozen regulators and congressional committees line up to take their shots at him, Enron spokesman Vance Meyer... <a href="http://www.eyeforenergy.com/content.asp?nli=energy&;nld=1/24/2002&news= 25010"< <font size='2' color="red"<Click here for Full Story</font<</a<</font< <p< <font size="3" face="Arial, Helvetica, sans-serif"<<b<<font color="#333399"< Australian Companies Face Fines over GHG </font<</b<<br< <font size="2"< <i<January 23, 2002---New South Wales is set to become the first state to establish compulsory greenhouse emission standards for its power industry. The Premier, Bob Carr, set the wheels in motion with a position paper that aims to end a failed voluntary scheme, under which standards have gone backwards, and replace it with a compulsory one which would fine companies if they did not comply.</i<<br< <br< The scheme, which could start as early as July, will almost certainly mean increased electricity bills for consumers, although the Government insists the increase will be small. <p< Mr Carr will also release a report by the Independent Pricing and Regulatory Tribunal that says power firms have... <a href="http://www.eyeforenergy.com/content.asp?nli=energy&;nld=1/24/2002&news= 24963"< <font size='2' color="red"<Click here for Full Story</font<</a<</font< <p< <font size="3" face="Arial, Helvetica, sans-serif"<<b<<font color="#333399"< U.S. Close to Kyoto Alternative </font<</b<<br< <font size="2"< <i<January 22, 2002---After receiving mounting criticism for pulling out of the Kyoto Protocol, the United States is close to formulating an alternative plan on global warming that stresses containing greenhouse gas emissions rather than cutting them, sources close to the government said Saturday.</i<<br< <br< But the initiative to be put forward by the world's largest emitter of greenhouse gases is likely to spark further international criticism as it links emission cuts to economic growth rates and fails to require companies to carry out reductions. <p< The plan, expected to be announced as early... <a href="http://www.eyeforenergy.com/content.asp?nli=energy&;nld=1/24/2002&news= 24911"< <font size='2' color="red"<Click here for Full Story</font<</a<</font< <p< <font size="3" face="Arial, Helvetica, sans-serif"<<b<<font color="#333399"< Dutch Announce $40 Million CO2 Plan </font<</b<<br< <font size="2"< <i<January 22, 20022---The Dutch government has inked an three-year $40 million contract with the World Bank's International Finance Corporation (IFC) will also provide the Netherlands with credits toward its carbon dioxide (CO2) reduction target laid out in the Kyoto treaty to trim greenhouse gas emissions.</i<<br< <br< In signing the deal, Environment Ministry spokeswoman Babette Graber said, "We are now the first country to use state money to buy C02 (credits)." She added, "The IFC will identify and select the projects in developing countries." <p< Under the Kyoto treaty, industrialized nations must cut emissions... <a href="http://www.eyeforenergy.com/content.asp?nli=energy&;nld=1/24/2002&news= 24910"< <font size='2' color="red"<Click here for Full Story</font<</a<</font< <p< <font size="3" face="Arial, Helvetica, sans-serif"<<b<<font color="#333399"< Enron?s Blame Game Continues; Andersen Points Finger at Company?s Business Model </font<</b<<br< <font size="2"< <i<January 22, 2002---The dot-com meltdown and the Enron debacle are combining to make Sir Walter Scott?s old adage ?Oh what a tangled web we weave, When first we practice to deceive,? a metaphor for the 21st Century. </i<<br< <br< Like schoolboys on the playground the Enron saga is full of charges, counter charges, finger pointing and blame. The blame game continued in full force Sunday as the head of Arthur Andersen blamed the energy company?s business model as the source of its failure. <p< "An important point here is... <a href="http://www.eyeforenergy.com/content.asp?nli=energy&;nld=1/24/2002&news= 24906"< <font size='2' color="red"<Click here for Full Story</font<</a<</font< <p< </font<</td<</tr< </table< <table<<tr< <td align="center"<<a href="http://www.eyeforenergy.com/channels.asp?ch2=83&;top=1&nli=energy"< <img src="http://www.eyeforenergy.com/pics/newsletter/latnews.gif" width="68" height="35" align="center" border="0" vspace="0" hspace="0" alt="Latest News Now!"<</a<</td< </tr< <tr< <td width="13%"< </td< </tr< <tr< <td colspan="2" valign="top"< <div align="center"<<img src="http://www.eyeforenergy.com/pics/newsletter/line.gif" width="90%" height="1"<</div< </td< </tr< </table< </td< <td height="731" width="195"< <!--Right Hand Column Start --< <table width="210" border="0" cellspacing="0" cellpadding="0" bgcolor="#FFFFCC" vspace="0" hspace="0" name="right hand column"< <tr< <td height="523" width="210"< <table width="210" border="0" cellspacing="0" cellpadding="0" name="Editorial Table" vspace="0" hspace="0"< <tr< <td colspan="2" width="40"<<font size="1" face="Arial, Helvetica, sans-serif"<<img src="http://www.eyeforenergy.com/pics/newsletter/edit.gif" width="210" height="20" border="0" vspace="0" hspace="0" alt="EDITORIAL"<</font<</td< </tr< <tr valign="top"< <td width="27"<<img src="http://www.eyeforenergy.com/pics/newsletter/bullet.gif" width="12" height="12" border="0" vspace="0" hspace="4" align=absmiddle<</td< <td width="179"<<font size="1" face="Arial, Helvetica, sans-serif"<It remains an interesting time for the energy sector...</font<</td< </tr< </table< <p< <table width="210" border="0" cellspacing="0" cellpadding="0" vspace="0" hspace="0" name="articles_table"< <tr< <td colspan="2" width="40"<<img src="http://www.eyeforenergy.com/pics/newsletter/articles.gif" width="210" height="20" border="0" vspace="0" hspace="0" alt="ARTICLES"<</td< </tr< <tr valign="top"< <td width="27"<<img src="http://www.eyeforenergy.com/pics/newsletter/bullet.gif" width="12" height="12" border="0" vspace="0" hspace="4" align=absmiddle valign="top"<</td< <td width="179"<<font size="1" face="Arial, Helvetica, sans-serif"<Emissions Trading: The Emerging Market</font<</td< </tr< <tr valign="top"< <td width="27"<<img src="http://www.eyeforenergy.com/pics/newsletter/bullet.gif" width="12" height="12" border="0" vspace="0" hspace="4" align=absmiddle valign="top"<</td< <td width="179"<<font size="1" face="Arial, Helvetica, sans-serif"<Energy Policy in the U.S.</font<</td< </tr< <tr valign="top"< <td width="27"<<img src="http://www.eyeforenergy.com/pics/newsletter/bullet.gif" width="12" height="12" border="0" vspace="0" hspace="4" align=absmiddle valign="top"<</td< <td width="179"<<font size="1" face="Arial, Helvetica, sans-serif"<Energy and Weather, an Explosive Combination</font<</td< </tr< <tr valign="top"< <td width="27"<<img src="http://www.eyeforenergy.com/pics/newsletter/bullet.gif" width="12" height="12" border="0" vspace="0" hspace="4" align=absmiddle valign="top"<</td< <td width="179"<<font size="1" face="Arial, Helvetica, sans-serif"<Despite the stance of the Bush Administration, state and industry action suggests a growing interest in greenhouse gas trading opportunities in the U.S.</font<</td< </tr< </table< <p< <table width="210" border="0" cellspacing="0" cellpadding="0" vspace="0" hspace="0"< <tr< <td colspan="2"<<img src="http://www.eyeforenergy.com/pics/newsletter/news.gif" width="210" height="20" border="0" vspace="0" hspace="0" alt="NEWS ROUND UP" name="News_table"<</td< </tr< <tr valign="top"< <td width="27"<<img src="http://www.eyeforenergy.com/pics/newsletter/bullet.gif" width="12" height="12" border="0" vspace="0" hspace="4" align=absmiddle valign="top"<</td< <td width="216"<<font size="1" face="Arial, Helvetica, sans-serif"<Debate over Global Warming Heating Up </font<</td< </tr< <tr valign="top"< <td width="27"<<img src="http://www.eyeforenergy.com/pics/newsletter/bullet.gif" width="12" height="12" border="0" vspace="0" hspace="4" align=absmiddle valign="top"<</td< <td width="216"<<font size="1" face="Arial, Helvetica, sans-serif"<Environmentalists Push for GHG Regulations </font<</td< </tr< <tr valign="top"< <td width="27"<<img src="http://www.eyeforenergy.com/pics/newsletter/bullet.gif" width="12" height="12" border="0" vspace="0" hspace="4" align=absmiddle valign="top"<</td< <td width="216"<<font size="1" face="Arial, Helvetica, sans-serif"<Lay Out at Enron </font<</td< </tr< <tr valign="top"< <td width="27"<<img src="http://www.eyeforenergy.com/pics/newsletter/bullet.gif" width="12" height="12" border="0" vspace="0" hspace="4" align=absmiddle valign="top"<</td< <td width="216"<<font size="1" face="Arial, Helvetica, sans-serif"<Australian Companies Face Fines over GHG </font<</td< </tr< <tr valign="top"< <td width="27"<<img src="http://www.eyeforenergy.com/pics/newsletter/bullet.gif" width="12" height="12" border="0" vspace="0" hspace="4" align=absmiddle valign="top"<</td< <td width="216"<<font size="1" face="Arial, Helvetica, sans-serif"<U.S. Close to Kyoto Alternative </font<</td< </tr< <tr valign="top"< <td width="27"<<img src="http://www.eyeforenergy.com/pics/newsletter/bullet.gif" width="12" height="12" border="0" vspace="0" hspace="4" align=absmiddle valign="top"<</td< <td width="216"<<font size="1" face="Arial, Helvetica, sans-serif"<Dutch Announce $40 Million CO2 Plan </font<</td< </tr< <tr valign="top"< <td width="27"<<img src="http://www.eyeforenergy.com/pics/newsletter/bullet.gif" width="12" height="12" border="0" vspace="0" hspace="4" align=absmiddle valign="top"<</td< <td width="216"<<font size="1" face="Arial, Helvetica, sans-serif"<Enron?s Blame Game Continues; Andersen Points Finger at Company?s Business Model </font<</td< </tr< <!--tr< <td width="47"<<img src="http://www.eyeforenergy.com/pics/newsletter/bullet.gif" width="12" height="12" border="0" vspace="0" hspace="4" align="right"<</td< <td width="196"<<font size="1" face="Arial, Helvetica, sans-serif"<Related Industry News</font<</td< </tr--< </table< <p< <table width="210" border="0" cellspacing="0" cellpadding="0" name="events_table" vspace="0" hspace="0"< <tr< <td colspan="2"<<font size="1" face="Arial, Helvetica, sans-serif"<<img src="http://www.eyeforenergy.com/pics/newsletter/events.gif" width="210" height="20" alt="EVENTS" border="0" vspace="0" hspace="0"<</font<</td< </tr< <tr valign="top"< <td width="27"<<img src="http://www.eyeforenergy.com/pics/newsletter/bullet.gif" width="12" height="12" border="0" vspace="0" hspace="4" align=absmiddle valign="top"<</td< <td width="216"< <font size="1" face="Arial, Helvetica, sans-serif"< <a href="http://www.eyeforenergy.com/eurotrading"< Energy Exchanges Online Europe</a< </font<</td< </tr< <tr valign="top"< <td width="27"<<img 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