NEW YORK – Nov. 15, 2004 – A new energy newsletter debuts this week with a far-reaching forecast of multi-trillion-dollar growth in energy commodities markets, plus an urgent warning about potential shortages in “mineable” coal in the United States due to a change in federal environmental regulations.

The premiere issue of Fusaro Focus , an electronic publication from noted energy and environmental analyst Peter Fusaro, chairman of Global Change Associates Inc., also explores the hidden world of energy hedge funds (including a guided tour of a hedge fund “hotel” in New York City), and gives investors “Tomorrow's Headlines” on nanophotovolatics, sulfur dioxide trading, and more.

This first issue of Fusaro Focus is being emailed free-of-charge to approximately 200,000 energy professionals throughout the world. Starting in January, Fusaro Focus will be sent twice a month to paid subscribers. (For complete ordering information, go to http://www.energymediagroup.com.)

As reported exclusively in the first issue of Fusaro Focus , global commodities trading is expected to surge to more than $9 trillion by 2010 from about $2 trillion currently, paced by huge increases in crude, natural gas, and carbon dioxide trading. Meanwhile, despite being known as the Saudi Arabia of coal, Fusaro Focus reports that the United States could face a shortage of mineable coal given the recent change in federal environmental regulations, which encourages the use of high-btu, low-sulfur coal, instead of low-btu, low-sulfur coal.

Fusaro Focus's publisher, Peter Fusaro, has been on the forefront of global environmental issues impacting the energy industry for 30 years. He holds the annual Green Trading Summit in New York . Fusaro Focus's editor, Bill Paul, covered energy and the environment as a Wall Street Journal staff reporter for 20 years and as CNBC TV's special energy correspondent. He also publishes an environmental newspaper for schoolchildren.

Contact :

Fusaro Focus: (212) 316 0223 or (908) 654 9293