Climate Solution and Boosting Economy: Friends or Enemy?
The issue of climate change is a multidimensional problem globally that can no longer be pushed aside. The question of how to deal with it is a controversial theme of discussion that forces the people involved to wonder whether it is a global issue and whether or not it should be revolutionized in a justice perspective. Climate change is the name of the new movement that best blends a mixture of progressive political, economic and ecological currents to fight with the most serious threat humanity and most other species face in the 21st century. Currently, it has already formed to an undeniable truth that climate is still changing with global warming and other related issues. In front
…show more content…
In most developed countries, climate change and climate solutions are always two focuses for the global. However, at the same time, opposition voice has never stopped. Most of them pointed out that if they shut down factories it also means that hundreds and thousands people will lose their jobs and the economy will be stagnant. Skeptics worry that having climate solutions needs to be at the expense of stopping economy is just an excuse and lie that capitalism made and they are the main cause of climate change. The realization that great climate change starts since human civilization and it has strong connection to the production of capitalism. Creating surplus value is the essence of capitalism, according to Marx, “Capital as such creates a specific surplus value because it cannot create an infinite one all at once; but it is the constant movement to create more of the same.” (Marx, Nicolus, 334) In the whole process of production, each department wouldn’t care about the value of their productions, what they need is just surplus value. Greedy is the most obvious character for capitalism:
Capital is equivalently intolerant of necessity; it constantly seeks to go beyond the limits that it itself has imposed, and so can neither rest nor find equilibrium: it is irremediably self-contradictory.
Climate change is known as one of the greatest threats to the planet. It is not only a threat to the planet environmentally, but it is a threat socially and economically. As we all could feel, see, and know, the weather patterns globally and carbon dioxide in the atmosphere have been increasing over an extended period of time. Although it may seem like it’s not a dramatic change since it is data from over a large amount of time, it is considering the fact that the large amount of time is not that large as it should be. Climate change is nothing new to us. It’s happened many years ago in the past because a variety of reasons but as the years go on, the rate on charts are just getting higher. As much as I would like to blame this predicament on nature, humans has a fault as well. We release thousands of greenhouse gases into the air through many procedures, but there are things that we cannot entirely control. However, whoever’s fault it is to blame I believe that if we work together and think we will more likely be able to find effective solutions for this problem.
The world economy is a very complex system; in the system harmful externalities disrupt capital flows and determine economic productivity. Most notable of these externalities is inadvertent global warming. Spending towards research and regulation of climate change at both the national and international level are very important in determining current and future business trends. Economists and scientists worldwide continuously debate the pros and cons of emissions reduction and what consequences can quickly follow. Though many have different views on the issue, all can agree that the immediate and long term effects of climate change have become an economic matter of paramount importance. The sweeping impact from climate change will have important fiscal, financial, and macroeconomic ramifications that influence global commerce standards.
Temperatures are reaching a new high, snow and rainfall patterns are shifting, and more extreme climate events, such as drought, flooding, are taking place. It is not a forecast anymore; greenhouse gases are intensifying the global warming. In 2013, 81.2% of the energy consumption in the world are produced by fossil fuel (International Energy Agency). Could you imagine how much greenhouse gases are produced? Ever since 1980s, scientist has found that the emission of the greenhouse gases is the major factor contributes to the global warming, which intensify the climate change that the human civilization may collapse one day. In the book This Changes Everything: Capitalism vs. the Climate, the author Naomi Klein describes that we are headed toward a catastrophic levels of warming. She suggests that the solution to climate change, in short, is to fight for a change in the economic model of capitalism and move towards a low-carbon economy. Making this adjustments will affect every aspects of our life--from how the energy generate, what we consume, and the technologies we use. “Change of this magnitude creates risks but also opportunities. There will be both winners and losers as the world moves towards a low-carbon economy (**).” One of the important aspects which many people care about is the impact of climate change policy on employment. Does the movement improve the employment? Klein suggests that climate change policy has a huge
In recent years , there is a colossal upsurge in the number of environmental concerns with climate change being a pivotal one. Although convergent efforts, be it an individual , company or a government, are made to ease this concern. I think government play a vital role in this regard.
The Western existence of modernization, especially technological and industrial development, economic growth, material prosperity, urbanization, and democracy, has been built upon a long line of industrial capitalism, an economic system predicated on the accelerating extraction and consumption of fossil fuels for energy (Clark & York, 2005). A major unintended consequence of the use of fossil fuels is an increase in the average temperature of the earth; known as global warming or climate change. Recognizing and responding to climate change, arguably the most challenging social problem of the modern era (Giddens, 2009), thus poses a fundamental critique of continued modernization processes around the world (Freudenburg, 2003). Climate change is a major issue that affects all life across the
The author first starts off his argument by claiming that the climate change issue is no longer a problem for the next generation ; instead a trouble that the current generation will face and will have to solve. In order to raise awareness and the seriousness of the issue, Eduardo describes the issue as something that ‘we’ cannot do to prevent it ; an issue that is
With the rise of calamitous news regarding extremists groups taking over certain states, countries threatening to go to war, and viruses spreading throughout the world; the outlook of humanity does not look good. In addition to these dire headlines is the matter of climate change, which, unfortunately, is not as alarming to the public eye. Nonetheless, climate change is a pressing matter as it will impact every facet of society from economy to even human survival. Perhaps the general public find climate change as a vapid subject because of its nature to react belatedly to human activity, and how it is often represented with numbers, graphs, and projections; things that are not compelling to those that do not understand its importance. Even
In the words of Barack Obama, “climate change is no longer some far-off problem; it is happening here, it is happening now.” (J. S. World Economic Forum, 2015) This global phenomenon is causing many problems around the world and is affecting both developed countries like Canada and other countries in the process of developing. This report investigates how climate change can pose significant impacts on all countries despite economic stability. Places like Canada are affected by the severe storms and drastic changes in weather and these changes can hurt the environment and the economy. They can also pose threats to crop production and public health. Climate change can also hurt the developmental progression of low-income countries
Climate change is worsening for as time goes on. As the author, Stephen M. Gardiner, of Chapter 64 argues, climate change is an ethical issue because it is immoral for humans to create pollution and harm the environment, creating more problems for the planet. Climate change does not only affect current living beings, but affects all living things and human beings to come. The more harm we cause, the worse it will be to fix in years to come. “Climate change is not caused by a single agent but, by a vast number of individuals and institutions) including economic, political and social institutions.)”
In the contemporary world, the importance of the environment, human lives in, which was always debatable, has now become controversial. The substantial influence of global warming has sparked the controversy over the potential impact of this trend on climate change in recent years. It can be agreed that governments as a more powerful body is responsible to control this unwanted change, however, multitude individuals claim that all companies and citizens themselves are part of the solution. This essay will examine all arguments on this contentious issue under scrutiny prior to reaching an informed conclusion.
Climate change is a major problem worldwide, the actions of one country inevitably have an impact on the rest of the world, some places more than others. Consequently, it is vital for the entire world to be on board with efforts to resolve the issues. The main cause of “climate change” is an increase in the amount of greenhouse gases in the atmosphere, both naturally occurring and man made, cause the earth’s average temperature to slowly rise. Especially in the past 50 years, the rate of deforestation and the burning of fossil fuels such as gas, oil and coal have significantly increased the amount of greenhouse gases in the earth’s atmosphere (Climate Change and Health). Efforts from a few countries, although beneficial can not fix the problem
People who support Climate Change believe that issues such as extreme weather, poverty, droughts and floods, family violence, middle eastern violence, prostitution and alcoholism are causes of it.
Everyday, people are waking up to climate change. What scientists predicted decades ago is happening now; we have little time left to preclude desolation. The governments look on the world is an hallucination. Those in power have not yet woken up,from their “dream world” to see the harsh reality we live in, and those that have are unwilling to act. In September 2014 there was the ‘‘People’s Climate March’ which was shortly followed by the ‘Time to Act on Climate Change March’ on March 7th 2015 which brought people together again on the
The economics of climate change is a very controversial and disputed. To even discuss what should be done economists have to either state whether or not global warming and climate change exist. According to the CATO article, Climate Change vs. Climate Models (Michaels and Knappenberger, 2013), “The models’ estimate of the increase in temperature resulting from a doubling of carbon dioxide concentration may simply be too high.” As questioned in the article, is there such thing as climate change? Next, if climate change does exist, are carbon emissions a relevant cause of such a phenomena? With all of these questions at hand, how do we deal or cope with the current environmental state through economic means?
People unrealized that the way of our lives and conduct of our business lead into vulnerability. In this case into global warming, which potentially create many problems more clearly. But the issue becomes complicated since the cause of global warming itself derived from industrial and agricultural activities that give people prosperity and welfare standards of living (Philander, 2004).