LONDON, Sept 19 (Reuters) – A 90-year-old helium reservoir
in Texas could shut down next month causing disruptions and
raising costs for makers of high-tech products from MRI scanners
to semiconductors and threaten medical treatments and research.
More than 100 organisations, universities and companies,
including Siemens, Philips, Samsung
, and General Electric, wrote to the U.S.
Congress last week urging it to keep the reservoir open or risk
a disruption to the U.S. economy, putting millions of jobs at
LONDON (Reuters) – Britain’s energy secretary tried on Monday to reassure the public about shale gas fracking, downplaying any risk of groundwater contamination from the exploration technique but calling it no silver bullet to solve the UK’s energy problems.
Edward Davey was speaking just weeks after protests erupted at a southern English exploration site owned by shale gas firm Cuadrilla Resources that led to the arrest of dozens of protesters including a senior politician.
OSLO/LONDON (Reuters) – The strongest scientific warning to date that global warming is man-made may have a muted impact when it is released later this month with many governments more focused on nursing weak economies than on fixing the planet.
Many are also still smarting from a failure to agree a global pact to fight climate change at a summit in Copenhagen in 2009 and wary of making bold promises under a new timetable meant to agree a global U.N. deal in 2015.
LONDON, Sept 3 (Reuters) – Sharp Energy Solutions Europe
said its solar photovoltaic (PV) factory in Wales had reached
almost full capacity at a time that many solar companies are
shutting or cutting back their European operations.
The plant in Wrexham, with a production capacity of PV
modules totalling 400 megawatts, appears to have survived a
severe cost-cutting programme by its parent company, even while
the European solar industry has suffered from overcapacity,
falling prices and a trade dispute.
LONDON, Aug 9 (Reuters) – Britain’s Environment Agency (EA)
proposed new guidance on Friday that could further delay the
already lengthy application process for launching shale and
other unconventional oil and gas exploration.
Beset by protests that have made the question of whether to
allow shale drilling a national issue, shale firms complain that
the UK’s complex application process takes months longer than in
the United States, discouraging investment.
LONDON, July 24 (Reuters) – A release of methane in the
Arctic could speed the melting of sea ice and climate change
with a cost to the global economy of up to $60 trillion over
coming decades, according to a paper published in the journal
Researchers at the University of Cambridge and Erasmus
University in the Netherlands used economic modelling to
calculate the consequences of a release of a 50-gigatonne
reservoir of methane from thawing permafrost under the East
LONDON, July 19 (Reuters) – The British government unveiled
what it described as the world’s most generous incentives for
shale gas on Friday, offering tax breaks to drive investment in
a sector that has already transformed the U.S. energy market.
Finance minister George Osborne said the government wanted
to create the right conditions in Britain for industry to unlock
the potential of shale gas.
BRUSSELS/LONDON (Reuters) – Members of the European Parliament on Wednesday will vote on a compromise plan to try to prop up the EU emissions market, the world’s biggest carbon trading scheme.
The market has priced in a yes vote, which would be a vote of confidence for the future of the scheme, but politicians and analysts said it was likely to be tight.
LONDON (Reuters) – Britain’s recovery from an economic slump will make it harder to meet its legally-binding goals to cut emissions from 2018, meaning the cost of moving to low-carbon energy sources will rise next decade, a government adviser said on Wednesday.
Britain has set four so-called carbon budgets which restrict the amount of greenhouse gases that can be emitted over a five-year period. They are intended to help Britain reduce greenhouse gas emissions by at least 80 percent by 2050.
LONDON (Reuters) – The world should stop arguing about whether humans are causing climate change and start taking action to stop dangerous temperature rises, the president of the World Bank said on Wednesday.
Kim Jim Yong Kim said there was 97 to 98 percent agreement among scientists that global warming was real and caused by human activity.