LONDON, Feb 8 (Reuters) – A brewing green energy trade
war, with mooted U.S. retaliation against Chinese makers of
solar panels and wind turbine parts, is high on rhetoric but
distracts from a bigger technology race.
Washington is considering punitive import duties to balance
the perceived injustice of Chinese industry subsidies.
LONDON, Feb 1 (Reuters) – New U.S. limits on mercury
and other toxic pollution from coal power plants may prove a
back door to carbon emissions cuts and show visible local
benefits win support.
Beijing and Washington are locked in stalemate on
international curbs on carbon emissions while the United States
is also deadlocked domestically on a climate bill.
LONDON (Reuters) – Serious entrenchment of wind and solar in the world’s power supply looks decades off unless China and India can beat already ambitious targets, through cost cuts, as meteoric growth in developed countries slows.
The renewable energy sector has been on the back foot in the past 12 months, as the financial crisis and falling subsidies created over-capacity in solar panels and wind turbines.
LONDON, Jan 17 (Reuters) – Green investing a loser’s
Investors have had to navigate treacherous shoals to hunt a
few niche environmental winners, but there are glimmers of clean
technology opportunities among the wreckage.
Renewable energy may merit a stock-picking approach, after
momentum, or index-based investing deserted the sector last
LONDON, Jan 12 (Reuters) – Turbulence at Danish wind
turbine maker Vestas reflects a flagging sector and
demand pressures through 2014, but that only just merits chief
executive Ditlev Engel holding his job.
Engel in three months has presided over two profit warnings,
and on Thursday over an axe to a tenth of the workforce, job
cuts mostly in Denmark. Shares have fallen two-thirds in a year.
LONDON, Jan 9 (Reuters) – A glut in solar power will
drive yet more bankruptcies this year among panel producers
after a brutal 2011, but falls in equipment prices will slow and
leading firms may recover as spare capacity goes to the wall.
At the heart of solar power problems is a chronic
over-capacity now almost double demand.
LONDON, Jan 4 (Reuters) – The European Commission is
poised to propose the only short-term fix available for the
plunge in carbon prices, removing surplus emissions permits in a
move that may still do little to boost low-carbon investment.
The European Union’s emissions trading scheme needs rescuing
from a 10-year glut in supply of carbon dioxide (CO2) permits,
which has left prices near record lows.
LONDON, Dec 15 (Reuters) – Ambitious targets for
renewable electricity in the medium-term are likely unfeasible,
given they demand forced, early write-offs of fossil fuel power
plants and may downplay rival shale gas and the unpredictability
of wind and solar power.
The European Commission on Thursday unveiled its “Energy
Roadmap 2050″ laying out options for making sweeping carbon
emissions cuts through a combination of efficiency and renewable
energy and other low-carbon technology.
LONDON, Dec 12 (Reuters) – Even by the standards of
U.N. climate meetings, with their jargon, rhetoric and countless
committees, when a whole conference overruns by 36 hours
something must be up.
Environment ministers tried to sweep aside a 16-year-old
divide between industrialised and developing countries at a
meeting in Durban, South Africa, which finally wrapped up at
5.00 a.m. on Sunday.
LONDON, Dec 9 (Reuters) – Solar power prices have
plunged to levels that are nearly competitive with conventional
grid power, without subsidies, and at a pace that has
wrong-footed lagging estimates by consultants.
Prices of solar equipment are dropping as Chinese
manufacturers ramp up capacity at the same time as key markets
Italy and Germany pare subsidies. New economic turmoil will curb
demand and pressure prices further.