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of global warming are of concern both for the environment and human
life. Scenarios studied by the Intergovernmental Panel on Climate Change
(IPCC) predict that global warming will continue and get worse much
faster than was expected even in their last report.
Research by NOAA indicate that the effects of global warming are already irreversible. The IPCC reports attribute many specific natural phenomena to human causes. The expected long range effects of recent climate change may already be observed.
Rising sea levels, glacier retreat, Arctic shrinkage, and altered patterns of agriculture are cited as direct consequences of human activities. Predictions for secondary and regional effects include extreme weather events, an expansion of tropical diseases, changes in the timing of seasonal patterns in ecosystems, and drastic economic impact.
The Economics of Global Warming
Global warming can prove to be a costly occurrence. For many reasons, financial considerations have already been impacted. For anyone who looks to the wallet for an indicator of disaster, trouble can be seen in global warming.
The deadly and destructive storms that are now being seen have caused tremendous financial losses. Hurricane Katrina cost roughly 81 billion dollars in damage, and the actual rebuilding has barely even begun. Storms like Katrina have most likely been boosted to their extreme levels of force by warm ocean waters. These are caused by global warming.
Agriculture can be spoiled by global warming. Crops die during droughts brought on by global warming. Storms intensified by global warming can damage agricultural buildings and injure animals. Floods resulting from these storms can drown out crops before they can be harvested.
This all translates into lost revenues for both farmers and investors. It also means higher prices for consumers of agricultural products. Consumers already know what it is like to pay exorbitant prices for foods that have been damaged while in the fields. If global warming continues on its present course, this will be a common occurrence.
Gasoline prices have an effect on the economics of communities. When gas prices are high, people will patronize business establishments that are close to their homes. This hurts the chances of success for a business that is not in a heavily populated area. Global warming is directly affecting the economics of businesses in this way.
The family economics of global warming are undeniable, too. As the climate changes, more energy is needed to cool houses. Those extra degrees of heat in the atmosphere mean that families will have to set their thermostats higher, or pay a higher price.
Sometimes it is the poorer families that pay for global warming the most. For example, new cars are outfitted with a new kind of air conditioning system that uses environmentally friendly Freon. A poorer family might have an older car that does not have this type of system.
However, if their air conditioner needs Freon, they might have to pay several hundred dollars to have the new system put in to use the new Freon. This will help the cause of preventing global warming. At the same time, the family will be paying for the mistakes of the past.
In many regions, everyone pays for the energy mistakes of earlier times. Coal burning power plants are now being refitted to reduce emissions. This will have a big impact on preventing global warming. Yet, the economics of it show that people at the present time have to pay with higher utility bills to make this advantage come true.
There are thousands of ways that global warming is affecting the world's economy at this moment. People are paying for the harm global warming is doing. They are also paying for adjustments to their homes, cars, and city infrastructures to reduce global warming. With time, changes will be completed. If everyone helps, these costs should go down.
More ArticlesForecasting The Future Of Global Warming
... perpetuate global warming by changing the evaporation rates of the sea. The courses and speeds of the oceans currents cannot be predicted with accuracy, but they will have an affect on global warming. The proliferation of dark areas can lead to global warming. The trouble with using this fact to predict ...
... methods in both houses and commercial buildings. This group of people from the building industry is a part of the Green Building Initiative. The state of Washington has required builders of buildings larger than 5000 square feet to use green building practices. Their law was enacted in 2005. It should ...
... dioxide encourage the growth of more pollen-producing weeds. Because more pollen means worse air quality, those with allergies and asthma suffer. Global warming can also affect the incidence of tropical disease. Mosquitoes have been found in places that were once too cold for them. High elevations, such ...
... the earth and the temperatures in the ocean are rising. Since 1990, there have been 10 years that have been hotter than any others in recorded history. The greenhouse effect is said to be responsible for global warming. The greenhouse effect causes certain vapors and gases to form a sort of blanket that ...
... clear-cutting, a practice that totally destroys acres upon acres of old growth trees. Several studies have been done to estimate the amount potential global warming caused by the deforestation of tropical rainforests. Loggers do not just take out mature trees for lumber. People who want to clear a place ...
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