How does global warming effect the economy financially?
• This, in rich countries, will be the greatest impact. Overview. If we do nothing to fix it, we’ll have to: Move millions of people away from low lying coastal areas. Replace things lost to flooding. Redo our agriculture, as crop locations shift. The cost will be hundreds of billions of dollars. It could easily cause a depression worldwide. Details: http://news.bbc.co.uk/2/hi/business/6096084.stm http://observer.guardian.co.uk/uk_news/story/0,,1934381,00.html http://www.reuters.com/article/scienceNews/idUSL052735320070407 http://www.ipcc.ch/ipccreports/ar4-wg2.htm • It is very beneficial to the economy. It increases the amount of arable land and reduces the demand for heating fuels. • Yes, Bob is completely right! Or, if we do something to try and fix it, it could really benefit our economy! I have no doubt that the US could be the leader in a lot of these new advanced technologies, we just have to have the will to develop and implement them. Or…..we could just sit on our hands and
