Global Warming Affects International Business - 1182 Words

During the 20th century, the earth s average surface temperature increased by 0.6 °  ± ().2 °C (Folland et al. 2001), and there’s strong evidence that human activities are the main cause of this trend (Mitchell et al. 2001). This increase in global surface temperature is thought to have at least some effect on the frequency of extreme weather events due to climate changes (Folland et al. 2001), and there is concern that these changes will have an enormous impact on various industries (Hitz and Smith 2004). Balancing environmental measures with economic development, that is, working toward sustainable development, is the fundamental goal of global environmental policies, including those for global warming (Hijioka, Masui, Takahashi, Matsuoka,†¦show more content†¦For example, forestry projects are one of the important outcomes of joint implementation in agriculture industry. Planting trees in reforestation or afforestation projects enhances the absorptive capacit y of the biosphere and leads to carbon dioxide reductions in the atmosphere(Robert and Sally, 1995). Besides, Tesco, a European supermarket chain, is beginning a program to provide a global warming rating for everything it sells (Scot, 2007). The chain is creating an index to measure the â€Å"carbon footprint† required to produce, package, and transport each product in its stores. Consumers can then include the carbon footprint along with price and product quality when making purchasing decisions. Weather and climate are ‘‘core business’’ for the insurance industry. Many extreme weather events such as cyclones, hailstorms, bushfires and floods are projected to increase in either intensity or frequency under climate change. A changing, less predictable climate has the potential to reduce the insurance industry’s capacity to calculate, price and spread this weather-related risk. In Australia, 19 out of the 20 most costly natural disasters, in t erms of property insurance losses, haveShow MoreRelatedThe Reality Of Climate Change1579 Words   |  7 Pagespeople like to decipher the fact that global warming is nothing more than just a perpetuate myth, but if the recent weather especially in the state of New Jersey hasn t told you anything, the weather can be extremely bipolar at times. One day it s sixty degrees Fahrenheit, and the day after its thirty degrees with heavy snow crashing to the ground below. There are several different reasons out there that help describe the fact that global warming is real and why climate change will neverRead MoreThe Threat Of Global Warming988 Words   |  4 Pagescatastrophic global warming have been found, after nearly two decades of temperature stasis, to be in error,† writes Maurice Newman, chief business advisor to Australian Prime Minister Tony Abbott (Dunn). 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Though many haveRead MoreThe Economics Of Climate Change1400 Words   |  6 Pagescomplex 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 haveRead MoreImpact Of Global Warming On The Everglades1316 Words   |  6 PagesCorporations affecting Global Warming in the Everglades A marshy region with tall grasses that are almost underwater, the Everglades are wetlands expanding across the southern tip of Florida. The Everglades consists of a variety of ecosystems that are habitats to a multitude of diverse species of amphibians, reptiles, mammals, and birds. However, this National Park is deteriorating as it is exposed to the harmful effects of global warming. Global warming is caused by the excessive build-up of greenhouseRead MoreThe Threat Of Global Warming1023 Words   |  5 Pagescatastrophic global warming have been found, after nearly two decades of temperature stasis, to be in error,† writes Maurice Newman, chief business advisor to Australian Prime Minister Tony Abbott (Dunn). With this bold declaration, Australia thrust itself onto the international stage where it was widely criticized and condemned by the United Nations and environmental supporters worldwide. Already behind the world in climate change legislation, Australia quickly became the face of global warming denialRead MoreBusiness and Government Essay1540 Words   |  7 Pagescurrent relationship between government and business in the United States The government’s position is to ensure that citizens do not suffer harm resulting from business operations, such as selling tainted food or preparing foods in unsanitary conditions, causing ecological harm, or dealing unscrupulously in financial matters. The larger the government grows, the more it introduces regulations and taxes onto businesses (Carney, 2006). The business’ position is that they want the government toRead MoreEssay on The Global Warming Debate768 Words   |  4 PagesThe Global Warming Debate We are polluting the atmosphere and with an increasingly wide range of polluting substances and these are due to the fact that there are now so many people and their human activities are altering the chemical compositing of the atmosphere through the buildup of gases. By the end of this article, you will start to wonder about what this is doing to our world. What is global warming? Global warming takes place because human activitiesRead MoreThe Environmental Movement Has Changed Over The Last Few Decades1096 Words   |  5 Pageschanged over the last few decades, encompassing science, political activism and our social conscience. It is one of the fastest growing political and social movements in the world. Since the mid 1970s, this international movement has engaged the global community indluding many countries, the business world, media, and non-governmental organizations, all who have pushed for increased regulations and compliance towards protecting the environment. Nations within and outside of the UN have been pressured