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COP 21

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Oil has a reality check for those elated by the climate deal

For anyone elated by the climate-change accord in Paris, the commodity markets have a reality check for you. World leaders may have vowed to wean the world from fossil fuels, but prices for oil, coal and natural gas are at their lowest in years. Crude, which touched an 11-year low Monday, will probably decline even more with the US ending its 40-year ban on oil exports. So is that bad news for people hoping to switch the world to cleaner fuels?

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Climate talks in France extended in bid to reach deal

High-stakes climate talks in France will not end today as planned but will last at least until Saturday, French foreign minister Laurent Fabius has announced. Diplomats and other top officials from more than 190 countries are trying to agree on the text of what would be an unprecedented deal for all countries to reduce man-made carbon emissions and co-operate to adapt to rising seas and increasingly extreme weather caused by human activity.

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COP 21: Ministers work through night in bid for deal

Ministers from around the world have worked through the night as the talks for a new deal on climate change enter their final days. Efforts are being made to break divisions on key issues in the agreement which aims to avoid dangerous climate change and provide finance for poor countries to deal with the impacts of global warming. A draft of the text for the agreement released on Wednesday contained the potential for ambitious targets on curbing rising global temperatures and cutting emissions over the coming decades, as well as weaker options, and a new text is expected later today.

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COP 21 climate change march cancelled after Paris attacks

A huge march through Paris on the eve of international climate talks in the French capital will not go ahead following Friday’s terror attacks. The organisers of the march, which had been expected to draw as many as several hundred thousand people on Sunday November 29 calling for strong action on climate change, had hoped to go ahead with the demonstration despite the attacks. But in the wake of the killings in Paris, French authorities have told the coalition of campaigners it cannot proceed.