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Gordon Pointe is going for a snip at $295m – but set in a location particularly vulnerable to sea-level rises, buyers should beware

Reality deniers with big pockets are sought by a family of Floridian property developers hoping to sell the most expensive home in the US: a waterfront property on the market for $295m (£234m). The compound squats on Gordon Pointe peninsula, a spit of beachfront in south-west Florida, extending perilously into the Gulf of Mexico. The late financier John Donahue bought the land for $1m in 1985, when it was a beautiful remote nature spot, protected by mangroves, with a small fisherman’s cottage on it. He soon razed this and replaced it with McMansions with de rigueur swimming pools and lawns. Offered for your $295m are three houses with parking for yachts and other conveniences for the wealthy sea-level-rise gambler. The Donahue family is selling at the right time. This is one of the parts of the world most vulnerable to climate impacts, with sea levels rising three times faster than the global average, and increasing risk from hurricane damage. The whole neighbourhood, Port Royal, has been categorised as at “extreme risk of flooding” over the next 30 years, and is regularly hit by weather disasters, making it very expensive to get home insurance. Buyer beware, as Canute might say. Diminishing returns…

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Organiser of go-slow protest says farmers in Europe have ‘shown us what can be accomplished’

The organiser of a protest in which tractor-driving farmers caused traffic jams around the Port of Dover has said there could be more demonstrations.

Road traffic in and out of the coastal town in Kent was disrupted by the go-slow demonstration on Friday night.

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Housebuilders and campaigners warn of cold, damp homes and UK missing legally binding targets

Labour’s slashing of proposed spending on home insulation will leave millions of people on low incomes in cold, damp homes and could prevent the UK meeting its legally binding carbon targets, campaigners and housebuilders have warned.

The Federation of Master Builders criticised the drastic scaling back of Labour’s low-carbon policies, announced by Keir Starmer on Thursday after months of speculation.

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The Focus exhibition at the National Archives of Australia contains pictures drawn from its collection of almost 11m images. Government photography is usually associated with politics but the photographers also documented the lives and work of well-known and everyday Australians

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Scientists think eruptions on the Reykjanes Peninsula could continue for decades or even centuries.

Activists opposed to energy projects shouted outside federal parliament on the anniversary of Black Saturday, as survivors of the firestorm called for communities everywhere to support the shift to renewable power.

The post Bushfire survivors call for communities to support shift to renewables appeared first on RenewEconomy.

Regulated entities increased net holdings of California Carbon Allowances (CCAs) and RGGI Allowances (RGAs), while speculators reduced net length across North American carbon markets, data published by the US Commodities Futures Trading Commission (CFTC) Friday showed.

Global carbon markets expanded for a fifth straight year in 2023, though the 2% annual growth rate was significantly slower compared to the prior year, analysts said.

California should initiate a process of linkage with Washington’s carbon market, undertake a series of reforms in its greenhouse gas (GHG) accounting, keep affordability of emissions reductions in mind, and outline carbon management guardrails to achieve its statewide GHG reduction goals, an annual ARB watchdog report published Friday argued.

In 1984 the presence of dinosaur fossils in Scotland was confirmed for the first time.

California fires have burned through nearly a third of ARB’s offset buffer pool reserves intended to compensate for losses from wildfires for 100 years, researchers said in a blog post Thursday, adding to a string of similar concerns voiced over the years.

An Italian decarbonisation technology firm has joined forces with a US-headquartered ocean carbon capture startup and a European energy major to launch a pilot removals project in Norway.

Collapse in system of currents that helps regulate global climate would be at such speed that adaptation would be impossible

The circulation of the Atlantic Ocean is heading towards a tipping point that is “bad news for the climate system and humanity”, a study has found.

The scientists behind the research said they were shocked at the forecast speed of collapse once the point is reached, although they said it was not yet possible to predict how soon that would happen.

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A Toronto-headquartered voluntary carbon credit financier announced Friday that it has signed a streaming agreement for some 92,000 credits with a Seattle-based reforestation company.

Many hotels in Baku have paused selling rooms for this year’s COP29 climate summit, triggering fears of imminent, government-mandated price hikes, while costs to book other accommodations have skyrocketed.

European ambassadors decided to postpone a vote, scheduled for Friday, on a bill setting due diligence rules for large companies, including an obligation to adopt Paris Agreement-aligned climate plans.

Members of a joint European Parliament committee will vote on rules regulating the use of carbon credits by EU companies next week, including whether those from schemes outside the bloc will be accepted, according to a draft document seen by Carbon Pulse.

The sale of different ecosystem services from the same piece of land, known as ‘stacking’, could be a key way for farmers to maximise their returns via the UK biodiversity net gain (BNG) scheme when managed correctly, a lawyer has said.

Barclays will end direct finance to upstream oil and gas expansion projects and require energy clients to set methane reduction targets under its latest climate statement, though critics say the plan doesn't go far enough.

A voluntary carbon removals standard has updated its rules in a bid to align with the UN's CORSIA international aviation offsetting scheme as well as the Integrity Council for Voluntary Carbon Markets (ICVCM)’s stamp of quality, the company announced.