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Climate change is happening because of man. The scientific evidence is undeniable and anyone but the most stubborn eristics would be hard fought to disagree. The human influence on climate change is by increased use of fossil fuels, deforestation, increasingly intensive agriculture and large-scale livestock farming, all of which are required to support a spiraling global population.
Over the last decade, governments and policy makers have finally begun taking some positive action to mitigate climate change. Many scientists, activists and the environmentally aware would argue, however, that the steps being taken are too little, too late. Many would also point out that all we are really doing (collectively as a species) is attempting to stick a small bandaid over a large open wound.
Experts that are prepared to address the sensitive issue of overpopulation claim that the world’s climate crisis calls for non-emissions-based solutions and, furthermore, that contraception is an overlooked approach. Population Council experts claim that improved access to birth control could slow population growth and reduce global greenhouse gas emissions by as much as 40%.
Making contraception and health education more universally accessible, in order to avoid unwanted pregnancies, seems to be an approach largely ignored when it comes to tackling climate change.
Whilst the religious and moral arguments may be widespread and emotional ones, they must surely be balanced against the greater needs of the planet as a whole. If we are to tackle climate change effectively, and before it is too late, then human population growth must be slowed.
Extreme weather, rising sea levels and warmer temperatures will cause damage to property and infrastructure. This will also impact productivity and human health. It will also negatively affect other sectors like agriculture, forestry and tourism.
As power generation becomes less reliable, the demand for energy will rise and water supply will be more stressed. If you want to learn more about the economic effects of climate change visit http://yanvanathemessage.com/climate-change/.
These are just a few of the many ways climate change could affect our economy in a direct or indirect way:
Agriculture is the most vulnerable sector to climate risk. Many commodities crops like corn, soybeans, wheat, rice and cotton do not thrive above certain temperatures. Crops will also be affected by a decrease in water availability and groundwater, increased pests, weeds, fire risk, and reduced groundwater. As farmers try to survive by adapting to changing circumstances, prices will likely rise and be passed on to consumers.
Flooding is threatening much of the critical infrastructure in our society. Heal stated that sea level rise could cause an estimated loss of trillions of dollars in assets, probably between two and five trillion dollars by the end of this century.
That's loss due to damage to housing, damage at airports along the coasts, and damage to docks. The railway line that runs up the East Coast is also within a few feet from the sea level. I-95, which runs along the coast, will also be affected. This is just the East Coast. This is a global view. Much of this infrastructure will need to be replaced or repaired.
Productivity and human health
Increased warmth and precipitation will increase the risk of foodborne and waterborne diseases. It can also encourage the spread of insects like Zika, West Nile and Lyme disease to new areas. Mental health problems can also be exacerbated by extreme weather or climate-related natural catastrophes.
These health effects will have the greatest impact on vulnerable populations such as children, elderly, low-income communities, and communities of color.
These are some of the economic impacts of climate change. The economic impact of climate change depends on how we adapt and prepare.