Archives - Economics: Page 36
Author: amparo enriquez (Tue Jul 19, 2005 7:10 pm)
Title: climate change effect on economics
THE ECONOMICS OF CLIMATE CHANGE
Climate change could bring about enormous lost of economic resources to first world countries.
Among possible threats that could cause economic havoc we can find:
1. Higher, cost and spending due to an increase in the number of annual storms, floods, droughts and other similar phenomenon.
2. Change in humidity might affect agriculture for particular crops.
3. Intensive wave heat could become a threat to the old and the weak.
4. Glaciers meltdown and increase in water volume, due to higher temperature, could bring about beach erosion because of a rise in sea level.