Economic Impacts by mtPjMYC

VIEWS: 3 PAGES: 2

									Economic Impacts
  1) From 2000 to 2005, hurricanes left a staggering bill of $273 billion.
     Insurance companies may go bankrupt. Global Warming leads to more
     frequent and stronger hurricanes.
  2) Increasingly warmer temperatures led to lower crop yields of the
     world’s six main food crops (eg rice). Those lower crop yields
     amounted to a net economic loss of $5 billion a year.
  3) If we tackle Global Warming by raising fuel prices. Electricity costs go
     up 90% by 2035, gasoline by 58%, and natural gas by 55% by 2035.
     The cumulative higher energy costs for a family of four by then will be
     nearly $20,000.
  4) Vineyards will be displaced more than 1,000 km beyond their traditional
     boundaries by 2100. It is becoming difficult to produce fine wines using
     the Pinot Noir grape on its traditional territory in Burgundy, France.
  5) Global Warming may allow minerals to be extracted from the Arctic and
     the NE Passage trade route to open up. The Arctic will become a major
     source of energy resources and a key global transport hub in the next
     50 years.

Environmental Impacts
  1) As the Arctic sea ice reduces with global warming - and arrives later
     every winter - the bears, like ones spotted in Hudson Bay, Canada,
     face a long summer without fat reserves from seals.
  2) Animals that dwell on or near glaciers may be pushed towards
     extinction by the disappearance of their icy habitats
  3) Over 16 percent of the world's reefs … were lost in that one year. Small
     but prolonged rises in sea temperature force coral colonies to expel
     their symbiotic, food-producing algae, a process known as bleaching.
  4) Greenland's ice sheet holds 10% of the world's freshwater reserves
     and its rate of reduction has tripled in the last ten years.
  5) As temperatures rise, levels of rainfall are likely to decrease. Scientists
     estimate that Spanish rain could decrease by around 40%. Less rain
     means longer dry seasons and dry soil is vulnerable to erosion.




Social Impacts
  1) global warming and biofuels expansion is likely to worsen the situation
     of hunger in developing countries. crop yields are likely to fall by 10 to
     20 per cent in developing countries in the next two decades and by up
     to 50 per cent in some African countries
  2) A 1-meter sea level rise will directly affect about 145 million people (more
     than 100 million of which live in Asia).
  3) Around 1.5 billion people currently live in water-stressed regions. Climate
     change and population growth could increase this to seven billion by the
     2050s
  4) In Europe in 2010, an estimated 20,000 people died due to extremely hot
     temperatures (also 2003).
   5) Thanks to global warming, “Malaria has spread to higher altitudes in
      places like the Colombian Andes, 7,000 feet above sea level.”




International Action
   1) The major feature of the Kyoto Protocol is that it sets binding targets for
        37 industrialized countries and the European community for reducing
        greenhouse gas (GHG) emissions .These amount to an average of five
        per cent against 1990 levels over the five-year period 2008-2012.
   2)   Double pane windows keep more heat inside your home so you use
        less energy. Save 10,000 lbs. of carbon dioxide and $436 per year.
   3)   Buy local produce. If you seriously want to reduce global warming,
        shop at your local farmer's markets, or see if they have locally grown
        products in your usual supermarket.
   4)   The UK aims to produce 15% of its energy from renewables by 2020.
   5)   Electric car plug in facilities and hydrogen, compressed natural gas and
        bio methane refueling points will initially be installed along the Welsh
        section of the M4.


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