Global warming is something that threatens to impact us all: both environmentally (with the loss of natural marvels such as the great barrier reef) and economically. But humans aren't actually contributing as significantly as you may think to global warming. In fact, the vast majority of the world's population lives a relatively low-carbon emission lifestyle compared to "the developed world".
Yet, ironically, the world's poorest citizens are the ones most likely to be impacted by the potential byproducts of a warmer planet. In this video, let's explore the economic impacts of climate change – both in terms of its potential consequences and the feasibility of available solutions.
Related: Fossil Fuel Workers Deserve Better: Video
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📚 Want to learn more about the economics of climate change? We recommend reading "The Climate Casino: Risk, Uncertainty, and Economics for a Warming World ", by William Nordhaus 👉 https://amzn.to/37kQRdO (as an Amazon Associate, we earn from qualifying purchases)
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Sources & Citations - Okereke, C., 2007. An exploration of motivations, drivers, and barriers to carbon management: The UK FTSE 100. European Management Journal. Dr. Paul Griffin 2017. "The Carbon Majors Database CDP Carbon Majors Report" "100 fossil fuel producers and nearly 1 trillion tonnes of greenhouse gas emissions" Climate Accountability Institute. Change, I.C., 2014. Mitigation of climate change. Contribution of Working Group III to the Fifth Assessment Report of the Intergovernmental Panel on Climate Change. Zenghelis, D., 2006. Stern Review: The economics of climate change. London, England: HM Treasury. Fankhauser, S., 2013. Valuing climate change: the economics of the greenhouse. Routledge. Burke, M., Craxton, M., Kolstad, C.D., Onda, C., Allcott, H., Baker, E., Barrage, L., Carson, R., Gillingham, K., Graff-Zivin, J. and Greenstone, M., 2016. Opportunities for advances in climate change economics. Science. Metcalf, G.E., 2009. Designing a carbon tax to reduce US greenhouse gas emissions. Review of Environmental Economics and Policy. Hassett, K.A., Mathur, A., and Metcalf, G.E., 2009. The incidence of a US carbon tax: A lifetime and regional analysis. The Energy Journal. Heal, G., 2009. The economics of renewable energy (No. w15081). National Bureau of Economic Research. Mathews, J.A., and Tan, H., 2014. Economics: Manufacture renewables to build energy security.
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#climatechange, #economy, #corporations, #bigbusiness, carbonmanagement, industrialised farming, extreme heat, #farming,
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