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Advocates and officials argue that consequences of Israeli siege are inextricably linked to tackling the climate crisis

As countries negotiate over climate finance, Palestinian officials and advocates have come to Cop29 in Baku to highlight global heating’s intersection with another crisis: Israel’s siege on Gaza.

“The Cop [meetings] are very keen to protect the environment, but for whom?” said Ahmed Abu Thaher, director of projects and international relations at Palestine’s Environment Quality Authority, who had travelled to Cop29 from Ramallah. “If you are killing the people there, for whom are you keen to protect the environment and to minimise the effects of climate change?”

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RGGI compliance entities hold a permit shortfall in Q3 from an earlier surplus through the prior quarter, while RGGI credit prices in the secondary market rose to new records, according to the latest market monitor report.

Massachusetts this week published final GHG reporting requirements for entities to be regulated under the Clean Heat Standard (CHS) with minor changes, but nevertheless extended the registration deadline for enrollment.

Magnesium hydroxide (MgOH2) is one of the most effective materials for capturing and storing atmospheric CO2, according to a new study that evaluated the potential for commonly-used hydrated rock, mineral powders, and industrial cement waste in enhanced rock weathering (ERW).

These caves were unexplored for thousands of years, protected by swirling mists and terrifying tales.

Financial entities continued to trim V24 California Carbon Allowance (CCA) exposure and build V25 length this week as futures prices spiralled lower into the Q4 WCI allowance sale after sentiment soured with news of regulatory delays, while traders added to RGGI Allowance (RGA) net length even as price action stalled, according to data released Friday from the US Commodity Futures Trading Commission (CFTC).

Maine released an updated plan for the state's climate priorities on Thursday, teeing up a number of proposals for consideration in the next state legislative session.

California's electricity sector emissions in September rose year-on-year (YoY), even as the share of natural gas in the power mix decreased, according to a report from the state's grid operator.

Negotiators from nearly 200 countries could be on the verge of a historic agreement on international carbon markets at COP29, after presidency proposal texts were published late on Friday and multiple sources said that consensus may now be present on the key outstanding technicalities of international carbon trade under Article 6.

Talk grows of a walkout from poor countries in response to ‘unacceptable’ and ‘insulting’ finance proposal

Developing countries were being urged by civil society groups to reject “a bad deal” at the UN climate talks on Friday night, after rich nations refused to increase an “insulting” offer of finance to help them tackle the climate crisis.

The stage is set for a bitter row on Saturday over how much money poor countries should receive from the governments of the rich world, which have offered $250bn a year by 2035 to help the poor shift to a low-carbon economy and adapt to the impacts of extreme weather.

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Greece has unveiled an multi-billion-euro investment vehicle with the EU to decarbonise its islands’ energy sources, raising funding in part from the sale of 25 million carbon allowances.

Chancellor understood to be determined to keep policy despite Treasury analysing ways to soften impact

Rachel Reeves is holding firm against a U-turn on inheritance tax for farmers, despite the Treasury analysing ways of softening the impact.

The chancellor is understood to be determined not to drop the policy even though some Labour MPs – and even ministers – are worrying about the political fallout of the policy that has seen farmers protesting in Westminster this week.

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The UK risks facing a tax on electricity exports to the EU in the range of £40-50 (€43-55) per megawatt-hour under the bloc's Carbon Border Adjustment Mechanism (CBAM), experts told a webinar Friday about the UK's need for electricity market reform.

Great British Energy, the UK government-owned company being set up to spearhead the country's energy transition, will make investments in risky technologies that governments usually avoid, a conference heard this week.

The Bahamas government has signed a deal to refinance $300 million of its external debt, in a move that is expected to unlock more than $120 mln for marine conservation over the next 15 years.

A new climate finance goal of $250 billion by 2035 was proposed in a draft presidency text published on Friday at COP29, falling well below the $1.3 trillion figure requested by developing nations, while provisions that would encourage carbon markets were deleted from the latest version.

India is in talks with the governments of South Korea and Singapore to sign agreements on a framework for the transaction of Internationally Transferred Mitigation Outcomes (ITMOs) under Article 6 of the Paris Agreement, sources have told Carbon Pulse on the sidelines of COP29 in Baku.

Food and garden rubbish is sorted and then cooked to produce rich compost at this waste management centre

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Ash Turner sizes up a four-metre-high, 60-tonne mound of food waste and garden rubbish and points out the problematic interlopers amid the grass clippings, hedge trimmings, mango seeds, calla lilies and biodegradable bags full of food.

“So that’s a biodegradable bag … that’s not … that’s oversized,” he says, pointing to a tree stump that will be too big to be broken down by the various machines in the plant.

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European carbon prices were modestly weaker at midday on Friday amid some end-of-week profit taking that also pushed natural gas prices down, despite a shift in power generation economics that analysts said puts coal above gas for the next three months.

Cop29 is taking place in a country whose economy has long been dependent on its oil reserves

Oil runs deep in Azerbaijan, the host country of this year’s UN climate summit. Just 30 minutes south-west of the Cop29 conference centre lies the site of the world’s first industrially drilled oil well, opened in 1846.

Just metres away sit a handful of operating oil wells, nodding away. The Guardian spoke to an employee of Azerbaijan’s state-owned oil and gas company, Socar, who was working on one of the wells. Asked what oil meant for Azerbaijan, the 47-year-old worker said: “Too much!”

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