Post Reply: Global Warming and it effects on economy

<blockquote><div class="quotetitle">Quote from <a class="profile-link highlight-default" href="https://suab.org/summit/forum/profile/ismotech/">Ismaila Adepoju</a> on November 9, 2022, 10:29 pm</div>Definition of global warming and it relationship with Economy.

Global warming can be explained as the long-term heating of Earth's surface. Global warming mostly does not occur on a natural phenomenon, but due to some human activities, primarily fossil fuel burning, which increases heat-trapping greenhouse gas levels in Earth's atmosphere, and it could cause an harmful effect on the economy because a lot of damages like reduction of agricultural produce, danger to human health and so on are caused when it erupts. This term is not interchangeable with the term "climate change" because climate change happens on a natural phenomenon and has less or no harmful effect on economy.

Effect of global warming on economy
Global warming as it explanation entails can be caused due to depletion of Ozone layer. Ozone layer in a lay man explanation is like a shield between the sun and earth surface. It prevent the earth from radiation (ultraviolet radiation) and some other harmful effect that could be coming from the sun. Global warming that's caused due to the depletion of the Ozone layer primarily affect the growth of the economy by causing damages to properties and infrastructure, causing lost of productivity, drought, mass migration and security threats. All these aforementioned terms are very crucial and contribute to the sustainability of economy.

Causes of global warming and solution Electricity and Transportation: Generation of electricity and using of Transportation facilities are mostly achieved by burning fossil fuel, coal and others relating to unclean energy. These causes lots of chunk due to global emissions.

Most source of electricity and mobile facilities are based on fossil fuels, and only about less percentage of the people has adopted clean energy like wind, solar and other renewable sources. If most of the people can adopt clean energy, the rate at which Ozone layer is being affected would be reduced.

Deforestation: This means cutting down of forest trees without to create farms or pastures, or for other reasons without replacement. This activity causes emissions, since trees releases the carbon they have been storing when they are cut down. The forests absorb carbon dioxide as generally known, this implys that destroying them limits nature’s ability to keep emissions out of the atmosphere. This particular problem can be solved with Reforestation and Afforestation.  Afforestation is the conversion of abandoned and <span class="povykd" role="button" data-disable-dismiss-event-bubbling="true" data-enable-toggle-animation="true" data-extra-container-classes="ZLo7Eb" data-hover-hide-delay="1000" data-hover-open-delay="500" data-send-dismiss-event="true" data-send-open-event="true" data-theme="0" data-width="250" data-ved="2ahUKEwiqm8L54aL7AhXLO-wKHcetAiIQmpgGegQIDhAE">degraded agricultural lands into forests, while reforestation is the replantation of trees in deforested land.

Some other things could be,
Too much consumption and wastage of resources

Do you agree that global warming can actually affect economy?
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Post Reply: Global Warming and it effects on economy

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