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Impact of Climate Change on Economics and Society

By: Priyanka Moorthy & Furyah Futo #WeOutHere
by

priyanka moorthy

on 14 January 2013

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Transcript of Impact of Climate Change on Economics and Society

Impact of Climate Change What You'll be Learning From Us - What is Climate Change
- What Causes Climate Change
- The Effect on Economic Systems
- Production and Distribution of Goods
- Food Production
- The Effect of Climate Change in Society
- Global Consequences
- The Positive Effects of Climate Change
- Reducing the Impact of Climate Change
- Comparisons of Climate Change
- Interesting Facts What is Climate Change? Climate change occurs when long-term weather patterns are altered. It may be that the season comes in at a different time of the year or the climate may be less or more harsh than it already was. Human activities have a lot to do with the altering of the climate in a lot of places. But there is also some natural causes. Effects on Economic Systems An economic system is the organized way in which a country or region sets up activities related to how good are services and produce, distributed and consumed.
Climate change is affecting some of the economic and social functioning in Canada and the rest of the world. Food Production and Distribution of Goods - Humans rely on a system of production and distribution of goods to get what they need. Some people rely on themselves to grow their own food (vegetables and fruits), make their own house hold items and clothing, This reduces the need to manufacture new goods.
- Production of goods requires natural resources for raw materials; it needs energy to run the machinery involved and transportation for raw materials from their sources. This is where the toxic chemicals come from. From these factories trying to make these products.
- Raw materials travel long distances from around the world to get to developed countries such as Canada and America, and then products are transported huge distances to stores. These two journeys increase the cost of the product and its impact on the environment. This happens frequently because of labor costs are lower in developing countries than in North America. Therefore, even if business spend more money on fuel, the savings in labor offset this cost.
- Consumers are becoming aware and concerned about climate change and consider the environmental and financial costs of goods they buy. Some people shop locally for furniture, or buy used furniture instead of new, which reduces the need to product new goods. This avoids transportation of raw materials and products Food Production Food production has become an important issue with climate change. Most of Ontario’s food is grown and produced on specialized farms. In 1956, the census reported over 140, 000 farms in Ontario; by 2006, that number had dropped to 57,000.
Some people eat locally produced foods in order to minimize the use of fossil fuels to ship food long distance. Some foods can be grown in greenhouses, but fossil fuels are needed to heat greenhouses in winter. Effects on Society A society is a group of people who have a distinctive way of life and economic system. Different societies have different impacts on the Earth’s climate. People who live in a developed society have a bigger impact on it than people who live in a developing society.
The G8 or the Group of Eight are all developed countries. Residents from these countries live in high standards, they use more energy per person than people who live elsewhere, and they are all responsible for emitting greenhouse gases
People who live in developing countries tend to be most vulnerable to the effects of climate change. The poorest societies already experience extreme climate conditions such as droughts, earthquakes, tornadoes, etc. People who live in developed countries are more able to deal with severe conditions. Global Consequences The smallest change in the climate, can create the biggest impact. You may already have noticed some climate change happening right here in Toronto. This is an example of "positive feedback loop". This is when a series of events that cycles back to one of the earlier events in the series and increases outcome.
In other words, the event that has caused climate change may be a positive change. This event may keep continuing causing positive change; but in the long run, this "change" might turn into something bad. Reducing Climate Change There are many things you can do to reduce the effects that change the climate. Like every other environmental issues this Earth has, we must take the same procedures . Taking the smallest action like using public transportation, your bike or walk more often than taking your car. Reduce, reuse, and recycling your products, or even offing your light when you're not in the room. Small actions like this will make a big impact. Comparisons of Climate Change What Causes Climate Change? There are natural causes and human activities that causes climate change. Natural Causes:
One of the natural causes of climate change are volcanic eruptions. When a volcano erupts, it throws out large volumes of sulfur dioxide (SO2), water vapor, dust and ash into the atmosphere. Large volumes of gases and ash cause atmospheric cooling.
More natural causes are ocean currents, global warming, solar variation, earth orbital changes, and Continental drift. Human Activities:
Industries have created more jobs and over the years that burn fossil fuels, and people moved from rural areas to the cities. More and more land that was covered with vegetation has been cleared to make way for houses. Our population has increased to an incredible extent. All of this has contributed to a rise in greenhouse gases in the atmosphere. Fossil fuels such as oil, coal and natural gas supply most of the energy needed to run vehicles, generate electricity for industries, households
Carbon dioxide is undoubtedly, the most important greenhouse gas in the atmosphere. Changes in land use pattern, deforestation, land clearing, agriculture, and other activities have all led to a rise in the emission of carbon dioxide. Bibliography
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"SinoShip - News Content - Unipec among Trio of Charterers Choosing Green." SinoShip - News Content - Unipec among Trio of Charterers Choosing Green. N.p., n.d. Web. 13 Jan. 2013.
"Take Action: Reduce, Reuse, and Recycle â We Study Earth's Climate â Beyond Weather & The Water Cycle." Beyond Weather The Water Cycle Take Action Reduce Reuse and Recycle Comments. N.p., n.d. Web. 13 Jan. 2013.
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