Senior Environmental Markets Correspondent
Gerard's Feed
May 20, 2011

Wood fuel poised to be next global commodity

LONDON (Reuters) – Wood fuel, one of the oldest energy sources on the planet, could become the newest commodity market if it can overcome supply limits and green concerns as demand grows for renewable energy.

Supply constraints are starting to put wood fuel into competition with the paper industry, experts say, in an uneasy reminder of existing tension between the food industry and companies making biofuels from food crops.

May 19, 2011

Analysis: Wood fuel poised to be next global commodity

LONDON (Reuters) – Wood fuel, the oldest energy source on the planet may emerge as the newest commodity market if it can overcome supply limits and green concerns as demand grows for renewable energy.

Supply constraints are starting to see competition with the pulp and paper market, experts say, in an uneasy reminder of the competition between food and liquid biofuels made from corn.

May 18, 2011

UK nuclear power gets green light

LONDON (Reuters) – Britain is to push on with its nuclear plant building plans and let existing reactors run as normal, the government said on Wednesday after its nuclear watchdog dismissed fears of a Fukushima-like disaster in the UK.

Britain’s position contrasts with Japan, Germany and Italy which are re-thinking their nuclear plans after a huge earthquake and tsunami sparked the world’s worst nuclear disaster in 25 years on March 11.

May 18, 2011

UK green light for new nuclear, sees no quake risk

LONDON, May 18 (Reuters) – Britain is to push on with its
nuclear plant building plans and let existing reactors run as
normal, the government said on Wednesday after its nuclear
watchdog dismissed fears of a Fukushima-like disaster in the UK.

Britain’s position contrasts with Japan, Germany and Italy
which are re-thinking their nuclear plans after a huge
earthquake and tsunami sparked the world’s worst nuclear
disaster in 25 years on March 11.

May 17, 2011

UK to halve greenhouse gases by 2025, if EU follows

LONDON (Reuters) – Britain on Tuesday committed to halve its greenhouse gas emissions by 2025 but made the binding target conditional on the European Union taking similar climate action.

“By making this commitment, we will position the UK a leading player in the global low-carbon economy, creating significant new industries and jobs,” Prime Minister David Cameron said.

May 16, 2011

Dutch exchange plans world’s first biomass product

LONDON (Reuters) – The APX-Endex energy exchange and the Port of Rotterdam will launch an exchange-traded wood fuel product by the end of the year, the first of its kind, the exchange told Reuters on Monday.

The global biomass market is growing as a result of emerging economy demand and European Union targets to replace fossil fuels with renewable sources of energy, but there are still few international pricing benchmarks.

May 6, 2011

Climate change has spurred food prices: study

LONDON (Reuters) – Climate change cut global wheat and corn output by more than 3 percent over the past three decades compared to growth projections without a rise in temperatures, a study found on Friday. The impacts translated into up to 20 percent higher average commodity prices, before accounting for other factors, according to the paper published in the journal Science.

Crop yields rose over the period for example as a result of improvements in practices and plant breeding, and the isolated, negative impact of climate change was equivalent to about one tenth of those advances.

May 6, 2011

Climate change has spurred food prices: study

LONDON (Reuters) – Climate change cut global wheat and corn output by more than 3 percent over the past three decades compared to growth projections without a rise in temperatures, a study found on Friday. The impacts translated into up to 20 percent higher average commodity prices, before accounting for other factors, according to the paper published in the journal Science.

Crop yields rose over the period for example as a result of improvements in practices and plant breeding, and the isolated, negative impact of climate change was equivalent to about one tenth of those advances.

May 5, 2011

Analysis – Green energy can wean off subsidies, gradually

LONDON (Reuters) – Government support for renewable energy must end gradually and in tandem with cuts in fossil fuel subsidies, say investors and lobbyists who complain bitterly about unpredictable chopping of incentives.

Most green energy sources still struggle to compete with fossil fuels except in favourable areas, for example for onshore wind in coastal areas of western Europe or in Texas.

May 5, 2011

Green energy can wean off subsidies, gradually

LONDON (Reuters) – Government support for renewable energy must end gradually and in tandem with cuts in fossil fuel subsidies, say investors and lobbyists who complain bitterly about unpredictable chopping of incentives.

Most green energy sources still struggle to compete with fossil fuels except in favorable areas, for example for onshore wind in coastal areas of western Europe or in Texas.

    • 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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