Friday, November 2, 2012

Element of Ecology! Topic: Impact of climate change on economical sector!

The rise in climate change will cost the US economy and we will mention five keys lesson that we must know as result of climate change as follow below:
  1. Economic impacts of climate change will occur throughout the country, which means that the impact of climate change will affect the US economy all round the country and is not limited to certain states but all as whole. 
  2. Economic impacts will be unevenly distributed across regions and within the economy and society, meaning the impact of the climate change will vary depending on certain region and their topography.
  3. Negative climate impacts will outweigh benefits for most sectors that provide essential goods and services to society. As we all nkow that the rise in climate change has benefit, but the negative impact will out-weigh the benefit. 
  4. Climate change impacts will place immense strains on public sector budgets. We must know that change in climate will have negative impact in budget of US, because more money wil be spend and other sector might be cut spending and that is not good.
  5. Secondary effects of climate impacts can include higher prices, reduced income and job losses. As we know that uneployment rate is high around United State as nation, but the impact of climate change plays a major role in it, by incraese in gasoline and less employment opportunity for citizens, except the qualified educated ones that meet the standard jobs.
References:

www.epa.org.

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