Climate Change Correspondent, Asia, Singapore
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Jun 6, 2011

Airline profits to tumble in 2011 on fuel, global turmoil-IATA

SINGAPORE, June 6 (Reuters) – Global airlines cut their 2011
profit forecast by more than half to $4 billion on Monday as
high oil prices and turmoil in Japan, North Africa and the
Middle East weigh on the industry’s recovery.

The International Air Transport Association (IATA), which
represents most global carriers, also warned of a looming trade
war if Europe moves ahead with plans to force airlines to join
an emissions trading scheme next year. China said it would
support legal action.

Jun 5, 2011

Airline profit fears as trade fight looms with Europe

SINGAPORE, June 6 (Reuters) – Global airlines will spell
out the cost of a whirlwind of disasters, political unrest and
high oil prices on Monday while mounting an all-out offensive
against European plans to make them pay extra for carbon
emissions.

The International Air Transport Association, whose airlines
carry more than 90 percent of global air traffic, may be forced
to cut its benchmark forecast for 2011 industry profits at a
major annual gathering in Singapore. [ID:nLDE752002]

Jun 5, 2011

Airlines, EU in escalating trade row over emissions

SINGAPORE/BRUSSELS (Reuters) – Global airlines attacked the European Union on Sunday over its plan to force them into the bloc’s emissions trading scheme, as the EU vowed to stand firm against threats of retaliation.

Aviation chiefs spoke out against the EU move in Singapore at the start of a meeting in a glitzy casino resort, with some warning of the danger of a trade war and airlines from poorer nations saying they would pay a high price.

Jun 3, 2011

Global study reveals climate peril for millions of poor

SINGAPORE (Reuters) – Millions of people already living in poverty are on a collision course with hotter and more variable weather that threatens crop yields and livestock, a global study on climate change “hotspots” has found.

The study released on Friday identifies regions where millions of people are already living close to the edge in terms of food security and then maps the expected impacts of changes in temperature, rainfall and other factors by 2050.

Jun 3, 2011

Global study reveals climate peril for millions of poor

SINGAPORE (Reuters) – Millions of people already living in poverty are on a collision course with hotter and more variable weather that threatens crop yields and livestock, a global study on climate change “hotspots” has found.

The study released on Friday identifies regions where millions of people are already living close to the edge in terms of food security and then maps the expected impacts of changes in temperature, rainfall and other factors by 2050.

Jun 3, 2011

Global study reveals climate picture of peril for millions of poor

SINGAPORE, June 3 (Reuters) – Millions of people already
living in poverty are on a collision course with hotter and more
variable weather that threatens crop yields and livestock, a
global study on climate change “hotspots” has found.

The study released on Friday identifies regions where
millions of people are already living close to the edge in terms
of food security and then maps the expected impacts of changes
in temperature, rainfall and other factors by 2050.

Jun 2, 2011

Australia releases rules for CO2 credits from culling camels

SINGAPORE (Reuters) – Killing camels to earn carbon credits might seem an extreme way to fight climate change, but the Australian government on Thursday issued detailed rules that will help investors do just that.

Adelaide-based Northwest Carbon, a carbon project developer, has developed the rules, or methodology, governing a strict camel culling program that would also cut greenhouse gas emissions.

May 31, 2011

Indonesia forest decree to help CO2 projects, enforcement key

SINGAPORE, May 31 (Reuters) – A landmark forest protection
ruling by Indonesia might be good for investors trying to save
carbon-rich forests, but only if a ban is enforced and progress
is made in using the market to save the environment.

President Susilo Bambang Yudhoyono signed an order this
month imposing a two-year ban on new licences to clear primary
forests and peatlands, a key part of a $1 billion climate deal
with Norway last year.

May 11, 2011

Australia’s booming LNG sector poses carbon conundrum

SINGAPORE (Reuters) – Australia’s rising liquefied natural gas LNG.L exports may make for bluer skies over Chinese power plants, but back home LNG producers will pump out more carbon emissions than the coal sector.

Natural gas is the cleanest of the fossil fuels when it is burned, so energy-hungry Asian nations are snapping up stakes in LNG projects as they look to guarantee fuel supplies to meet fast-growing energy needs while weaning economies off coal and cutting emissions.

May 10, 2011

Analysis: Australia’s booming LNG sector poses carbon conundrum

SINGAPORE (Reuters) – Australia’s rising liquefied natural gas (LNG) exports may make for bluer skies over Chinese power plants, but back home LNG producers will pump out more carbon emissions than the coal sector.

Natural gas is the cleanest of the fossil fuels when it is burned, so energy-hungry Asian nations are snapping up stakes in LNG projects as they look to guarantee fuel supplies to meet fast-growing energy needs while weaning economies off coal and cutting emissions.

    • About David

      "I report on climate policy, climate science and the carbon market (CDM, emissions trading) in Asia. I'm based in Singapore. It's a great story in a fast-growing and fast-changing region. I've been writing about climate change since university in Canberra, where I did a life sciences degree, with a communications major on the side. I started writing science articles for newspapers and, soon after completing my studies, joined as a cadet on The Canberra Times. After a few years there, it was off to London and then Hong Kong."
      Hometown:
      Canberra, Australia
      Joined Reuters:
      1994
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