Senior Environmental Markets Correspondent
Gerard's Feed
Jul 8, 2011

UK green energy plans risk frustrating investors

LONDON (Reuters) – Britain will exclude details of support for green energy under power market reform plans it is due to unveil next week, say sources familiar with the statement which may disappoint investors and developers.

The proposals will center around a guaranteed purchase price for low carbon electricity, critically widening existing renewable energy support to include nuclear power.

Jul 4, 2011

Asia pollution blamed for halt in warming: study

LONDON (Reuters) – Smoke belching from Asia’s rapidly growing economies is largely responsible for a halt in global warming in the decade after 1998 because of sulphur’s cooling effect, even though greenhouse gas emissions soared, a U.S. study said on Monday.

The paper raised the prospect of more rapid, pent-up climate change when emerging economies eventually crack down on pollution.

Jun 26, 2011

Boosting water creates energy, CO2 problems – study

LONDON (Reuters) – Growing global demand for more and cleaner water is sapping energy, throwing a focus on efficiency for example in world farming sector trying to feed more people, said a study published in the journal Nature.

Concerns have grown about scarcity of food, water and energy as the world tries to feed an extra 2 billion people by 2050.

Jun 23, 2011

Analysis: Polluters winners from carbon scheme

LONDON (Reuters) – A European plan to raise funds for clean energy has backfired spectacularly, helping trigger a rout on its carbon trading scheme, and so cutting available green funds and benefiting polluting coal plants.

Additional causes for the latest sell-off included eurozone woes over Greece, and an EU efficiency directive announced this week which could send carbon emissions lower.

Jun 16, 2011

Analysis: Gas is killing green energy in price war

LONDON (Reuters) – A widening shale gas revolution is killing the economics of renewable energy, even as falling costs allow wind and solar to overtake fossil fuels in niche areas, say energy executives and analysts.

Solar panel prices are down about 10 percent this year, but chasing a moving target as discovery of cheap shale gas spreads beyond the United States, experts told Reuters energy and climate summit.

Jun 15, 2011

Weather, economy may spur climate “tipping point”

BONN/LONDON (Reuters) – More weather disasters and economic recovery could bring a “tipping point” that jolts governments into far tougher action to combat climate change, the U.N. climate chief said on Wednesday.

Christiana Figueres also told Reuters that government efforts so far to combat global warming were nowhere near enough to avert heatwaves, droughts, mudslides and rising sea levels projected by the U.N. panel of climate scientists.

Jun 15, 2011

Tougher EU climate target less realistic: E.ON

LONDON (Reuters) – A tougher European Union climate target may no longer be realistic after Germany announced plans to phase out low-carbon nuclear power, a group board member at Germany utility E.ON EONGn.De told Reuters on Wednesday.

The European Union has said for years that it will cut carbon emissions faster than now if the rest of the world followed suit under a broad climate deal. [ID:nLDE72D1CL]

Jun 14, 2011

Shell says must explain CO2 storage better

LONDON (Reuters) – Oil giant Shell (RDSa.L: Quote, Profile, Research, Stock Buzz) says that it is working to explain to Canadians that underground carbon storage is safe, following rejection in the Netherlands.

Energy companies want to show they can both burn cheap coal and gas and hit climate targets by trapping carbon emissions and pumping these underground.

Jun 10, 2011

Analysis – Climate talks floundering without ministers

BONN, Germany (Reuters) – Negotiations meant to avert dangerous climate change are stuck over future emissions restrictions in wrangling at meetings below the ministerial level, undermining the U.N.-backed process.

The pace of talks has slowed since a two-year campaign for a binding deal ending at a Copenhagen summit in 2009, when world leaders failed to deliver, and acrimony lingers.

Jun 9, 2011

Climate talks floundering without ministers

BONN, Germany, June 9 (Reuters) – Negotiations meant to
avert dangerous climate change are stuck over future emissions
restrictions in wrangling at meetings below the ministerial
level, undermining the U.N.-backed process.

The pace of talks has slowed since a two-year campaign for a
binding deal ending at a Copenhagen summit in 2009, when world
leaders failed to deliver, and acrimony lingers.

    • 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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