Climate negotiators ended two weeks of talks in Bonn with mixed results, as geopolitical conflicts over climate finance and fossil fuels limited technical and diplomatic movement in most areas, largely leaving the international climate community eyeing November's COP31 summit for greater progress.

California Carbon Allowance (CCA) prices climbed steadily through the week to break past $32, while Washington Carbon Allowance (WCA) prices dropped over 8% week-on-week (WoW).

Clean energy clash - The Trump administration on Wednesday said it will appeal a federal judge’s refusal to dismiss a lawsuit from clean energy developers challenging federal policies targeting wind and solar projects, E&E News reported. Judge Denise Casper of the US District Court for the District of Massachusetts issued an order Tuesday reiterating that Renew Northeast and other regional wind and solar developers had standing to sue and were likely to succeed in their challenge. The developers are contesting five Interior Department and Army Corps of Engineers policies, including a memorandum requiring senior Interior officials to review wind and solar project authorisations, which they say are part of a broader federal effort to hinder renewable energy development while supporting oil, natural gas, and coal production.