Senior Environmental Markets Correspondent
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Jan 19, 2011

2010 was second hottest year on record – data

LONDON/OSLO (Reuters) – Last year was the world’s second hottest behind 1998 in a temperature record dating back to 1850, the director of research at Britain’s Climatic Research Unit (CRU) Phil Jones said on Wednesday.

Jones’ unit, compiling data with the Met Office Hadley Centre, is one of three main groups worldwide tracking global warming. Last week the other two, based in the United States, said 2010 was tied for the hottest on record.

Jan 19, 2011

Exclusive – 2010 was second hottest year on record

LONDON/OSLO (Reuters) – Last year was the world’s second hottest behind 1998 in a temperature record dating back to 1850, the director of research at Britain’s Climatic Research Unit (CRU) Phil Jones said on Wednesday.

Jones’ unit, compiling data with the Met Office Hadley Centre, is one of three main groups worldwide tracking global warming. Last week the other two, based in the United States, said 2010 was tied for the hottest on record.

Jan 19, 2011

Exclusive: 2010 was second hottest year on record – data

LONDON/OSLO (Reuters) – Last year was the world’s second hottest behind 1998 in a temperature record dating back to 1850, the director of research at Britain’s Climatic Research Unit (CRU) Phil Jones said on Wednesday.

Jones’ unit, compiling data with the Met Office Hadley Center, is one of three main groups worldwide tracking global warming. Last week the other two, based in the United States, said 2010 was tied for the hottest on record.

Jan 13, 2011

Roaring fossil fuels outpace green energy

LONDON (Reuters) – Fossil fuel investments will continue to outstrip low-carbon alternatives this year, darkening a sector struggling to shake off the financial crisis and sagging political momentum on climate change.

Soaring fossil fuel prices, where the European oil benchmark is pushing $100 a barrel, favour oil and coal producers, while falling gas prices have undermined wind power generation especially in the United States.

Jan 13, 2011

Analysis: Roaring fossil fuels outpace green energy

LONDON (Reuters) – Fossil fuel investments will continue to outstrip low-carbon alternatives this year, darkening a sector struggling to shake off the financial crisis and sagging political momentum on climate change.

Soaring fossil fuel prices, where the European oil benchmark is pushing $100 a barrel, favor oil and coal producers, while falling gas prices have undermined wind power generation especially in the United States.

Jan 9, 2011

Analysis: High food prices cloud UK grass-for-energy plans

LONDON (Reuters) – Record high world food prices threaten to limit the use of land for low-carbon energy crops just as British efforts to pioneer growth of the giant grass miscanthus in Europe are poised to gather pace.

Miscanthus giganteus is a 3-meter high Asian elephant grass whose tawny leaves are now at their tallest before harvesting next month.

Dec 13, 2010

Business needed to crack climate stalemate

CANCUN, Mexico (Reuters) – Evidence of green business profits and more direct industry engagement may be needed to push U.N. climate talks out of stale rich-poor rivalries to a global agreement.

Negotiations like the just-finished 190-nation U.N. climate talks in the Mexican resort of Cancun do not give businesses or investors a formal role, consigning them instead to hold side events in hotels far from the conference centre.

Dec 12, 2010

Analysis: Business needed to crack climate stalemate

CANCUN, Mexico (Reuters) – Evidence of green business profits and more direct industry engagement may be needed to push U.N. climate talks out of stale rich-poor rivalries to a global agreement.

Negotiations like the just-finished 190-nation U.N. climate talks in the Mexican resort of Cancun do not give businesses or investors a formal role, consigning them instead to hold side events in hotels far from the conference center.

Dec 12, 2010

Climate talks end with modest steps, no Kyoto deal

CANCUN, Mexico (Reuters) – The world’s governments agreed on Saturday to modest steps to combat climate change and to give more money to poor countries, but they put off until next year tough decisions on cutting greenhouse gas emissions.

The deal includes a Green Climate Fund that would give $100 billion a year in aid to poor nations by 2020, measures to protect tropical forests and ways to share clean energy technologies.

Dec 11, 2010

Climate talks win lifeline, but may sink in 2012

CANCUN, Mexico (Reuters) – A new deal among 190 nations to slow climate change throws a lifeline to U.N.-led talks but they will still struggle to find a deal extending the Kyoto Protocol for cutting carbon emissions beyond 2012.

Most delegates said the main achievement of the two-week conference in Cancun, Mexico was simply to have an agreement, and thereby restore some faith in a damaged U.N. process after a Copenhagen summit in 2009 failed to agree a treaty.

    • 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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