Agreement reached despite rising geopolitical tensions and US cuts to climate programmes
Wind and solar generators stop production at rising rates as grids and battery storage lags
Inability to produce text will intensify questions over body’s relevance in era of waning US support for multilateral forums
Bloc has to balance protection of the planet and economic growth, Teresa Ribera argues
Government advisers call for an overhaul of domestic heating systems and suggest airfares could rise
Slower-than-expected climate action blamed for move to cut back dedicated teams
Developers are constructing more in high-risk areas — illustrating the twin challenges of adapting to severe weather while addressing a housing shortage
Incoming chancellor Friedrich Merz says he will try to adopt a constitutional change in the next 30 days
Lenders warn that slow government action may force a rethink
Asset manager upbeat on sector despite Donald Trump’s anti-green agenda
Decision to wind down free emission allowances is an ‘earthquake moment’ for producers
US commodities trader at odds with other American groups that have scaled back environmental targets
Also in today’s newsletter, Asian Development Bank unlocks billions for climate finance
Commission expected to approve greater use of Renure, a product based on dung, to reduce revenues going to Moscow
Chief executive of Arla blames drop in milk production on lack of clarity about EU regulation
Detroit carmaker is still committed to chief executive Mary Barra’s vision of “an all-electric future”, Kurt Kelty says
Loss of cover in Alps and Pyrenees part of ‘alarming’ global acceleration in melting of ice mass
Ecommerce groups will be forced to cover costs of collecting, sorting and recycling
UK leads handful of countries to submit plans to tackle global warming in next decade
Party members whose states have benefited from Biden’s Inflation Reduction Act — which Trump vowed to ‘terminate’ — to decide its fate
Shareholders in potential clash with US activist Elliott over direction of oil major
A searchable dashboard of 193 countries’ historical emissions and future climate targets
Tokyo aims to disrupt Beijing’s dominance of renewables and reduce fossil fuel dependence
Jesper Brodin says he needs help from authorities if furniture retailer is to achieve any more gains
Hedge fund boss speaks ahead of right-leaning Arc conference in London next week
Report of 94.5GW of capacity being added last year undermines vow to start reducing carbon emissions by 2030
Contentious tie up with Indian billionaire sparked protests and scrutiny of his conglomerate’s coal business
Companies had retreated from California’s market before catastrophe struck in January
The UK government’s deal to retain the biomass electricity generating station is a painful but necessary compromise
Asset manager bets fears over threat to solar and wind power from US administration are overdone
Move would dilute rule designed to protect auditor independence
