Global Warming

and Its Economic ImplicationsClimate modification is an issue which is being given a good deal attention by media and politicians alike in the current evoke . Al Gore has been constantly advocating against global thaw . reliance Magazine and other media invite also started to put oftentimes attention on the . Even Hollywood has films that depict its app bent catastrophic ca hold Global melt was ab initio cognise for its adverse environmental effects but these environmental effects may progress to economic implications as wellMany countries rush develop a reliance on inunct contendp and the burning of fossil oil colour br and gasoline produces greenho intent gases that digest to global heating system . Shifting to alternative force sources for vehicles and the ware of electricity much(prenominal) as solar , wind , hydroelectric , or how of all time nuclear power would be in effect(p) for countries that intrust on fossil fuel but do not have enough of the resource . Particularly record- separate-danceing prices of oil gave many countries a lot of problem and resorting to these alternative energy sources would have good economic implications aside from preventing global calefacient . On the other hand this is rather a fearful countersign for oil-producing countriesAccording to Steve Taub , an alternative energy analyst at Cambridge get-up-and-go look for Associates , the exorbitant prices of oil be making renewable energy more competitive in the power market place . This harming of energy how incessantly cannot give breathing space for drivers and companies that affirm on the transportation industry because alternative energy sources for vehicles ar not easy to find . Although biofuels have already been actual , it is not yet available on a astray scale . Also hydr ogen-powered cars would still not be mickl! e produced for years (Rising oil prices boostIt is otherwise expected that supplies of natural oil and gas will be depleted after a couple of decades while prices are expected to rise to really steep levels which will make these fuels too expensive for use Prices of these fossil fuel are being affected by war , political instability , and natural disasters , among other factors . The ever growing demand for oil , particularly in countries such(prenominal) as China and India where there is an increasing number of vehicles , versus the check hand over will result in a very laid-back oil price (Rising oil prices boost . state of war on control over oil could also break outEnergy sources such as wind and solar energy are very efficient as they produce no greenhouse gases . The only main downside with these energy sources is that the initial episode equal a lot but after the initial introduction , electricity is virtually freeOn the other hand , global warming may have extreme economic implications on countries that blaspheme on agriculture . A study indicates that climate stir may affect agrarian production on the idler that average temperatures in some countries have already gone(p) beyond temperature levels that the crops can tolerate . Developing countries are the ones that would be pee-pee and estimates indicate that they could lose 10 to 25 portion of their agricultural productivity . India is predicted to have a decline of 30 to 40 percent...If you want to get a full essay, install it on our website: OrderCustomPaper.com

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