Act now or risk climate disaster, warns UN secretary general
The Guardian|November 09, 2024
The world is still underestimating the risk of catastrophic climate breakdown and ecosystem collapse, the UN secretary general has warned in the run-up to Cop29, acknowledging that the rise in global heating is on course to soar past 1.5C (2.7F) over pre-industrial levels.
Patrick Greenfield
Act now or risk climate disaster, warns UN secretary general

Humanity is approaching potentially irreversible tipping points such as the collapse of the Amazon rainforest and the Greenland ice sheet as global temperatures rise, António Guterres has said, warning that governments are not making the deep cuts to emissions needed to limit warming to safe levels.

Speaking to the Guardian, the UN secretary general said that a second US departure from the Paris climate agreement under a new Donald Trump presidency would risk crippling the process but said the accord would survive.

With wildfires, drought and extreme weather already ravaging parts of the planet, new research raises concerns about the stability of natural carbon sinks that underpin decarbonisation efforts. Forests, plants and soil - as a net category - absorbed almost no carbon in 2023 during the hottest year on record. While the collapse of land carbon sinks may be temporary, scientists have warned that cracks in the resilience of the Earth's systems are beginning to show.

Guterres urged greater coordination on the interlinked environmental crises of the 21st century, warning that it was impossible to take action on global heating without action on biodiversity loss to protect forests and other carbon stores and sinks.

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Money hacks How to save on winter sports holidays
The Guardian

Money hacks How to save on winter sports holidays

When it comes to skiing and snowboarding, going to Europe will always be cheaper than flying to somewhere such as the US or Canada - but costs vary massively on the continent.

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4 mins  |
November 23, 2024
Scam refund claims
The Guardian

Scam refund claims

Some victims of bank transfer scams will not get a penny back despite beefed-up rules designed to better protect consumers from fraudsters because several big banks have introduced an excess on refund claims.

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1 min  |
November 23, 2024
Packaged accounts Are the perks worth the money?
The Guardian

Packaged accounts Are the perks worth the money?

For a monthly fee, banks offer everyday banking with all kinds of enticing extras. Laura Whateley examines how the 'freebies' stack up

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6 mins  |
November 23, 2024
Spain floods force firms to look south for oranges
The Guardian

Spain floods force firms to look south for oranges

Some British retailers and wholesalers have been forced to switch to sourcing oranges from South Africa and South America earlier than usual after last month's floods in eastern Spain left farmers struggling to harvest and ship their crops.

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2 mins  |
November 23, 2024
Northvolt boss resigns after EV battery firm files for bankruptcy
The Guardian

Northvolt boss resigns after EV battery firm files for bankruptcy

The chief executive of Northvolt has resigned after the Swedish battery startup filed for bankruptcy protection in the US.

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2 mins  |
November 23, 2024
Electric dream sours Carmakers fight strict EV rules as fines loom
The Guardian

Electric dream sours Carmakers fight strict EV rules as fines loom

When Ford announced this week that it was cutting 800 jobs in the UK, the US carmaker had stern words for the government.

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2 mins  |
November 23, 2024
The Guardian

Irish tycoon bids to buy out Yorkshire Post owner

National World, the owner of the Scotsman and Yorkshire Post - and underbidder in the auction for the Telegraph - has received a buyout proposal from largest shareholder.

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1 min  |
November 23, 2024
Bitcoin rises after US SEC chair says he will step down
The Guardian

Bitcoin rises after US SEC chair says he will step down

Cryptocurrencies rose sharply immediately after one of the industry's biggest critics, Gary Gensler, said he would stand down as the head of the US financial regulator when president-elect Donald Trump was inaugurated in January.

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1 min  |
November 23, 2024
Feeling the strain Rising bills and Trump policies to add to pressure on households
The Guardian

Feeling the strain Rising bills and Trump policies to add to pressure on households

Labour swept to power in the wake of a punishing cost of living crisis that hit households hard, with the price of food and energy rocketing, alongside the impact on mortgage rates of Liz Truss's disastrous mini-budget.

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4 mins  |
November 23, 2024
Budget blamed for end to 12 months of expansion as optimism slumps
The Guardian

Budget blamed for end to 12 months of expansion as optimism slumps

Labour's first budget in 14 years has been given the \"thumbs down\" by private sector businesses, with Rachel Reeves's measures blamed for the end to a 12-month run of expansion and a fall in retail sales.

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2 mins  |
November 23, 2024