Unless global heating is reduced to 1.2C ‘as fast as possible’, warm water coral reefs will not remain ‘at any meaningful scale’, a report by 160 scientists from 23 countries warns Sign up for climate and environment editor Adam Morton’s free Clear Air newsletter here The earth has reached its first catastrophic tipping point linked to greenhouse gas emissions, with warm water coral reefs now facing a long-term decline and risking the livelihoods of hundreds of millions of people, according to a new report. The report from scientists and conservationists warns the world is also “on the brink” of reaching other tipping points, including the dieback of the Amazon, the collapse of major ocean currents and the loss of ice sheets. Sign up to get climate and environment editor Adam Morton’s Clear Air column as a free newsletter Continue reading... from The Guardian https://ift.tt/O0bGgzr via IFTTT
Lower mortgage rates prompt property firm to change its outlook from 3% drop to a 2.5% increase
A decline in mortgage rates has prompted a forecaster to reverse its predictions of a fall in UK house prices in 2024, instead suggesting the average cost of a property could rise by £61,500 over the next five years.
The property company Savills had forecast in November that it expected the average price of a home to fall by 3% this year because recent rises in the Bank of England base rate had heightened the affordability pressures on would-be buyers.
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