Senior Market Analyst, Commodities and Energy
John's Feed
Feb 3, 2014

EU weighs competitiveness and climate policy: Kemp

LONDON, Feb 3 (Reuters) – “I don’t want us to be the only
people out there in front of the rest of the world,” Britain’s
finance minister George Osborne said last September, speaking
about the country’s role in tackling climate change.

“I certainly don’t think we should be further ahead of our
partners in Europe,” Osborne went on, in comments that were
seized on by the government’s critics to question its commitment
to reducing greenhouse emissions and be “the greenest government
ever.”

Feb 3, 2014

EU weighs competitiveness and climate policy: Kemp

LONDON, Feb 3 (Reuters) – “I don’t want us to be the only
people out there in front of the rest of the world,” Britain’s
finance minister George Osborne said last September, speaking
about the country’s role in tackling climate change.

“I certainly don’t think we should be further ahead of our
partners in Europe,” Osborne went on, in comments that were
seized on by the government’s critics to question its commitment
to reducing greenhouse emissions and be “the greenest government
ever.”

Jan 31, 2014

Critical minerals and mining reform in the U.S.: Kemp

LONDON, Jan 31 (Reuters) – Critical minerals like rare
earths, lithium and tellurium are becoming ever more essential
to the modern economy, yet production in the United States
remains limited, leaving the country relying on imports from
just a handful of countries led by China.

For many of these materials, there are few substitutes,
raising obvious concerns about supply security.

Jan 30, 2014

Oil industry starts to squeeze costs, wages: Kemp

LONDON, Jan 30 (Reuters) – Cutting the cost of everything
from salaries and steel pipes to seismic surveys and drilling
equipment is the central challenge for the oil and gas industry
over the next five years.

The tremendous increase in exploration and production
activity around the world over the last ten years has strained
the global supply chain and been accompanied by a predictable
increase in operating and capital costs.

Jan 28, 2014

America’s energy revolution transforms international relations: Kemp

LONDON, Jan 28 (Reuters) – North America’s energy revolution
is remaking all aspects of the global economy and international
relations in what has turned out to be the most profound shift
in the second decade of the 21st century.

Policymakers and climate scientists prefer to talk about the
transformational potential of clean technologies like wind,
solar and electric vehicles.

Jan 27, 2014

Insurers weigh risks of an oil-train catastrophe: Kemp

LONDON, Jan 27 (Reuters) – In the event of a mass-casualty
accident involving the derailment of a crude-carrying train in a
densely populated urban area, who would be responsible for the
compensation for deaths, injuries, damage to property and
environmental clean up?

The short answer is the railroad operator. By law, the
operator of any railroad in the United States or Canada cannot
refuse to transport any cargo, no matter how hazardous, provided
it conforms to applicable regulations.

Jan 24, 2014

Class 111 tank car dangers demand action by 2017: Kemp

LONDON, Jan 24 (Reuters) – Accident investigators have told
regulators in the United States and Canada that safety
regulations have failed to keep pace with the risks of moving
large volumes of crude oil by train.

The U.S. National Transportation Safety Board (NTSB) and
Canada’s Transportation Safety Board (TSB) wrote on Thursday to
the Pipeline and Hazardous Materials Safety Administration
(PHMSA), the Federal Railroad Administration (FRA) and Transport
Canada.

Jan 23, 2014

Cars or mass transit? Future trends in emerging markets: Kemp

LONDON, Jan 23 (Reuters) – Rapidly growing populations and
rising incomes will drive an enormous rise in car use and
greenhouse gas emissions across Latin America, Africa, the
Middle East and Asia by 2050.

But deliberate policy choices about urban planning, road
building and the provision of public transport will determine
whether the increase is manageable or becomes a nightmare for
congestion and climate change.

Jan 21, 2014

Nuclear power is set to disappoint, again: Kemp

LONDON, Jan 21 (Reuters) – Nuclear power is the energy dream
that refuses to die, despite serious accidents at Windscale
(1957), Three Mile Island (1979), Chernobyl (1986) and Fukushima
(2011).

Many of the arguments that were employed in favour of
nuclear in the 1950s and 1960s as a solution to oil supplies
running out are now being resurrected in favour of nuclear as a
solution to climate change.

Jan 20, 2014

Plateauing car use across the developed world: Kemp

LONDON, Jan 20 (Reuters) – Car use appears to have levelled
off and even started falling in many of the world’s advanced
economies long before the global downturn in 2008, according to
transport experts.

The slowdown brings to an end several decades in which car
use grew roughly twice as fast as real GDP and incomes.

    • About John

      "John joined Reuters in 2008 as one of its first financial columnists, specialising in commodities and energy. While his main focus is on oil markets, he has written broadly on the emergence of commodities as an asset class, regulatory issues and macroeconomic themes. Before joining Reuters, John spent seven years as a senior analyst for Sempra Commodities (now part of JP Morgan) covering base metals and crude oil. Previously, he worked as an analyst on world trade, banking and financial regulation for consultancy Oxford Analytica."
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