Senior Environmental Markets Correspondent
Gerard's Feed
Mar 29, 2012

World wind market faces US tax credit hit: Gerard Wynn

LONDON, March 29 (Reuters) – A struggling green energy
industry faces a further drag next year as the proposed renewal
of U.S. wind power tax credits languishes in Congress, adding to
project finance woes and falling subsidies in Europe.

Wind power is feeling pangs as western governments trim
subsidies, whose costs fall on austerity-hit populations,
leading to over-capacity and falling equipment prices.

Mar 28, 2012

US, UK rules cement idea that gas is low-carbon:Gerard Wynn

LONDON, March 28 (Reuters) – Proposed U.S. limits on carbon
emissions from fossil fuel power plants follow British rules in
stigmatising coal and could store up new CO2 problems if a wave
of gas plants follows.

Both proposals drive a wedge between gas and coal by setting
emissions limits which would allow gas, but stop new coal-fired
power plants unless these were fitted with expensive, unproven
carbon capture and storage (CCS) technology.

Mar 27, 2012

EU safety-first view on shale gas makes sense: Gerard Wynn

LONDON, March 27 (Reuters) – The European Union lags the
United States in developing shale gas but leads it on safety – a
cautious approach that may pay off in averting the sort of
environmental backlash that’s scuppered the best laid energy
plans in the past.

This approach ultimately could lead to greater production of
European shale gas than otherwise, if it stops countries from
joining France and Bulgaria in banning exploration.

Mar 21, 2012

European shale gas still a bargaining chip: Gerard Wynn

LONDON, March 21 (Reuters) – Europe’s shale gas was always
chiefly a bargaining chip for price negotiations with Russian
and other imports, and remains so after Poland found it was no
longer an energy behemoth – with reserves about a tenth of
previous estimates.

Hopes of a shale gas revolution in the European Union were
over-blown. While shale gas became a game-changer to the U.S.,
flooding the domestic market, in Europe, it will supply a useful
diversification.

Mar 21, 2012

Column: Airline CO2 friction is hint of new climate politics

LONDON (Reuters) – Threats of retaliation by China and India against a European Union plan to charge airlines for their carbon emissions is misplaced, given their weak legal case and a drift towards more such unilateral climate action.

Countries in Durban at the end of last year topped off years of lumbering U.N. talks by agreeing that a new climate protocol should come into force by 2020, with more vagueness about exactly what that should be, leaving a vacuum in national action in the meantime.

Mar 20, 2012

Airline CO2 friction is hint of new climate politics

LONDON (Reuters) – Threats of retaliation by China and India against a European Union plan to charge airlines for their carbon emissions is misplaced, given their weak legal case and a drift towards more such unilateral climate action.

Countries in Durban at the end of last year topped off years of lumbering U.N. talks by agreeing that a new climate protocol should come into force by 2020, with more vagueness about exactly what that should be, leaving a vacuum in national action in the meantime.

Mar 20, 2012

Airline CO2 friction is hint of new climate politics-Gerard Wynn

LONDON, March 20 (Reuters) – Threats of retaliation by China
and India against a European Union plan to charge airlines for
their carbon emissions is misplaced, given their weak legal case
and a drift towards more such unilateral climate action.

Countries in Durban at the end of last year topped off years
of lumbering U.N. talks by agreeing that a new climate protocol
should come into force by 2020, with more vagueness about
exactly what that should be, leaving a vacuum in national action
in the meantime.

Mar 16, 2012

Oil price gift to efficiency sector: Gerard Wynn

LONDON, March 16 (Reuters) – Sustained high oil prices
plus growing political support are boosting the energy
efficiency sector, which equity index data shows has long been a
less glamorous relation of struggling wind and solar stocks.

Conventional wisdom is that achieving energy
savings across homes and industry is a struggle, with uptake
obstructed by apathy and high up-front costs.

Mar 15, 2012

Drought risk adds energy headache-Gerard Wynn

LONDON, March 15 (Reuters) – Countries struggling to
plot a greener energy mix face the extra headache of water
scarcity from drought, squeezing their options as they look to
cut carbon emissions and source locally.

Energy choices are still wide open, from hydrogen to wind
power and clean coal, in electricity generation and road
transport.

Mar 8, 2012

Export credit helps plug green finance gap-Gerard Wynn

LONDON, March 8 (Reuters) – Clean energy projects in
Europe are increasingly turning to export credits to plug a
financing gap, a valuable sticking plaster as some banks desert
the sector due to the global economic crisis.

Government export credit agencies (ECAs) boost deals either
through direct project lending or loan insurance, and supplied
new business worth over $800 billion last year, according to the
Berne Union trade association.

    • About Gerard

      "Based in London, for four years I have helped coordinate Reuters global coverage of green business and environmental markets. I focus on policies and investment related to renewable energy, carbon markets, energy efficiency and emerging clean technologies including electric cars. I also cover UN climate negotiations, biodiversity, land use and climate science. Previously I covered distressed M&A and credit markets on the corporate finance desk."
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