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The Latest Breaking News from COP

What the Options Market Tells Us About ConocoPhillips

High-rolling investors have positioned themselves bullish on ConocoPhillips (NYSE:COP), and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in COP often signals that…

Benzinga

Is ConocoPhillips Stock Underperforming the S&P 500?

ConocoPhillips has substantially underperformed the S&P 500 over the past year, yet analysts remain immensely bullish on the stock’s prospects.

Barchart

UK increases World Bank contribution, boosting climate finance prospects

Government puts forward £1.98bn in funding over three years, an increase of about 40% on last pledge

The Guardian - UK

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UN climate talks face a credibility crisis as countries disengage

In Baku, Azerbaijan, the so-called “finance-Cop” was a disappointment. Now, the UN’s framework convention on climate change (UNFCCC) is facing a credibility crisis.

The Conversation

Miliband warns of ‘extreme’ climate change impacts in UK while defending Cop29

The Energy Secretary said reducing UK carbon emissions is ‘absolutely in our national interest’.

The Independent UK

China’s influence grows at COP29 climate talks as US leadership fades

The 2024 U.N. climate talks ended in Baku, Azerbaijan, on Nov. 24 after two weeks of arguments, agreements and side deals involving 106 heads of states and over 50,000 business leaders, activists and government representatives of almost every country.

The Conversation

Backroom deals and betrayal: how Cop29’s late $300bn deal left nobody happy

While an agreement on climate finance was eventually reached, many poorer countries were outraged

The Guardian - UK

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Cop29 deal fails to consider inflation so is not tripling of target, economists say

Experts say financial movements mean poor nations will in effect get billions less in value from £300bn pledge

The Guardian - UK

Here’s what I learned at Cop29. Rows aside, an unstoppable transition to clean energy is happening

Britain wanted much better outcomes on many issues, but seeing the ambition at the conference gives me hope for the future, says energy secretary Ed Miliband

The Guardian - UK

Cop29 key moments: from $300 billion deal to controversial 'oil and gas are a gift from God' statement

One common goal among negotiators in Baku was preventing a second Donald Trump presidency from undermining years of careful climate discussions

Evening Standard

Monday briefing: Where Cop29 failed – and the limited reasons for hope

In today’s newsletter: The view from Azerbaijan is of disappointingly low direct finance guarantees to the developing world, although it is ‘less bad than nothing’

The Guardian - UK

After nearly 10 years of debate, COP29’s carbon trading deal is seriously flawed

Negotiators at the COP29 climate conference in Baku have struck a landmark agreement on rules governing the global trade of carbon credits, bringing to a close almost a decade of debate over the controversial scheme.

The Conversation

As Cop29 wraps up and the climate crisis gathers pace, Australia’s dash for gas is confounding

Nearly all observers believe Chris Bowen is strongly committed to action. Most agree that can’t be said for his party

The Guardian - AU

The silver lining at a disappointing Cop29? It showed climate progress can survive Trump 2.0

Away from the brutal main negotiations, there were important strides forward. The science can – and must – rise above politics, says environment writer Geoffrey Lean

The Guardian - UK

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Al Jazeera

‘Optical illusion’: Key takeaways from COP29 at Baku

Climate finance deal criticised at COP29 as inadequate, lacking real money and clear grants for developing countries.

The National (Scotland)

Scottish Greens slam ‘hopeless’ COP29 climate deal

THE SCOTTISH Greens have slammed the new COP29 climate financial package for falling short on the funds requested by developing nations.

The Independent UK

Here's what to know about the new funding deal that countries agreed to at UN climate talks

In the wee hours Sunday at the United Nations climate talks, countries from around the world reached an agreement on how rich countries can cough up the funds to support poor countries in the face of climate change

The Guardian - UK

Row over who will pay $1tn climate fund drags Cop29 talks past the deadline

Rich countries resist increasing their contributions to poor countries that are bearing the brunt of global heating

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The Guardian - UK

Revealed: Saudi Arabia accused of modifying official Cop29 negotiating text

Exclusive: News of changes to usually non-editable document ‘risks placing climate summit in jeopardy'

The Conversation

Nations at Cop29 have emphasised the role culture can play in climate recovery – as a playwright, I’m sceptical

For many, the advent of the 29th UN Cop has elicited as much despair as hope – especially with the long shadow of the US election result darkening proceedings. Add in the grim irony of its setting in Baku, Azerbaijan – capital city of a petrostate maxing out on fossil…

The Guardian - UK

UAE urges countries to honour fossil fuels vow amid Cop29 impasse

Petrostate’s rebuke comes as Saudi Arabia and allies try to derail transition promise made at climate talks last year

The Guardian - UK

Friday briefing: The pressure is on at Cop29 to fill in the blanks in the climate finance deal

In today’s newsletter: After two weeks of fraught negotiations, the draft text still contains an ‘X’ in place of a number. Is consensus on a trillion-dollar funding target for developing nations possible?

Al Jazeera

Mapping the impact of climate change on global displacement

As COP29 concludes, Al Jazeera examines the 359 million weather-related displacements recorded worldwide since 2008.

The Guardian - UK

US and India lead G20 on climate action, report says

Exclusive: world’s biggest emitters making most progress in introducing policies, study shows, but emissions still set to rise by 2.7C

Evening Standard

UK calls for strong stance on fossil fuel phase out amid major split at Cop29

Tensions at Cop29 in Baku intensified on Thursday after backlash against the latest proposals on a global climate agreement.

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