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Global Warming Research Paper

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Global Warming Research Paper
Global Warming: Its effects on the Economy

by
Vincent Colletti

Professor Shakely
English Composition II
July 1, 2008

Outline
THESIS: From the findings of experts on Global Warming and Climatology, it can be concluded that Global Warming has a direct effect on our current global economy and the instability of the future.
Introduction
I. Background A. The study of Environmental Economics B. Economic issues and relations to past and future global warming estimates II. The effects on GDP A. Increase of natural disasters B. Impact on agriculture C. Rise in health care cost 1. Heat waves 2. Spread of disease D. Further subjugation those who have a lower standard of living 1. Displacement III. Opposing arguments A. Efforts to prevent global warming are to costly B. Low Winter mortality rate C. Possible Profit lies in the Arctic IV. What is being done to counteract climate change’s affects and plans for the future A. Kyoto Protocol 1. Acceptance/Refusal 2. Funds created B. “Green Collar” Jobs and Alternative Energy Sources 1. Wind/Water Power 2. Fuel efficient automobiles 3. Carbon Capture Conclusion
Global Warming: It’s affects on the economy In considering climate change policies, the fundamental trade-off principal that society faces is between, consumption today and consumption in the nearing future. It is a question of economics; the return on this environmental investment is lower damages and thus higher consumption in the future. Now is the time that nations must decide whether or not they will make investments in understanding the economics of the environment and act accordingly to slow the climate change over the coming centuries. According to the National Bureau of Environmental Research (NBER) environmental economics is defined as “… studies of the economic effects of



Cited: ---. “EU energy: Revolution for the UK?” BBC News 24 Jan. 2008. 6 June 2008 http://news.bbc.co.uk/2/hi/science/nature/7206008.stm. Gelbspan, Ross. The Heat Is On: The Climate Crisis, The Cover-up, The Prescription. Perseus, 1998. Gore, Al. An Inconvenient Truth. Emmaus: Rodale, 2006. Horner, Christopher C. The Politically Incorrect Guide to Global Warming and Environmentalism. Washington: Regnery, 2007. Kellner, Thomas. “Global Warming for Dummies.” Forbes.com 31 Oct. 2005. 4 June 2008 http://www.forbes.com/free_forbes/2005/1031/058a.html. May, Cliff. “Energetic Economics: An Alternative to the Usual Stimulus Packages.” Bucks County Courier Times. 31 January. 2008: 8A Meuser, Michael R Pelley, Scott. “A Global Warming.” 60 Minutes. CBS Broadcasting Inc. 19 Feb. 2006. 4 June 2008 http://www.cbsnews.com/stories/2006/02/16/60minutes/main1323169.shtml. Stern, Nicholas. “At-a-Glance: The Stern Review.” BBC News 30 Oct. 2006. 6 June 2008 http://news.bbc.co.uk/2/hi/business/6098362.stm. Walker, Gabrielle and Sir David King. The Hot Topic. Harcourt: New York, 2008.

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