• Subject Name : Economics

Climate Crisis

As leaders and corporations keep betraying generation after generation in the name of development, I can’t help but wonder what are we to do with all these riches if the very core of our existence ceases to exist. The 9 warmest years on earth have occurred since 2005. Every year our amount of carbon emission into the atmosphere is only increasing thus destroying the ozone layer. It is now evident that the Australian bushfires got worse due to the effects of global warming. Researchers have concluded that despite statistics showing that 2019 bushfires were the most dangerous and devastating such fires are most likely to happen again this year. How can our leaders till tag this as a land management issue? Australia is one of the world's biggest per capita greenhouse gas emitters, and there's been a long-running debate and our leader still want to keep talking about how we must have a sustainable rate of development yet continue to take decisions that will only help the economy.

Under the Paris Climate Agreement to tackle rising global temperatures, Australia set a target for 2030 of making a 26-28% reduction in its emissions compared with 2005 levels. There have been absolutely no changes in the Australian government climate policy since 2017 and emission levels for 2030 are projected to be well above the target. These are unrealistic targets and show how the government is simply trying to subvert us with more clever quips.

In the last decade, the talk of climate change has picked up. The latest results (April, 2020) of a research conducted by Yale programme on Climate Change, in the US, showed that 74% of Americans believe that global warming is happening with 54% being very sure it is happening right now. While 56% of people understand that scientists believe climate change is happening, only 21% understand the level of consensus amongst scientists.

But since then, up until now, very little has improved. Some of the major developed countries who were party to major efforts like the Kyoto Protocol, either refused to ratify the deal, or simple failed to meet the agreed upon agendas. Through all these years of whispered talk, the world remains witnesses to its destruction.

Today we see the impact of climate crisis before our eyes. Studies suggest, most of the world will have a 16%-24% increase in heavy precipitation intensity by 2100. Relative humidity, which is the amount of water vapour in the air, has declined by 14% since 1948. Meaning air has become more dry and in turn means, there is an increased production and use of alternate thermal comforting devices like air conditioners and refrigerators, which are heavy contributors to greenhouse gases. Rising concentration of greenhouse gases as a result of human activity is by far one of the leading causes of the climate crisis.

More than half the world now lives in urban settings and according to UN reports, 68% of world population is projected to live in urban areas by 2050. Globally, 1.4 million people move to urban areas per week. Urbanization increases the risks generated from man-made causes of disasters. It puts immense pressure on basic necessities like food, water and shelter. It also increases chronic pressure on traffic, pollution, waste disposal and overall leads to an increase in urban poverty.

Climate Crisis also makes it difficult for oceans to survive. Unfortunately, as much as 40% of the ocean area is heavily affected by pollution. Plastic accumulating from beaches and fishing lines are a major contributor. This affects the ocean biodiversity, its ability to provide oxygen, food, livelihoods etc. If we continue at the same pace, according to a report by Ellen Macarthur Foundation, the oceans will have more plastics than fish, by 2050!Because of our delayed awareness and will to shift into action, today we stand-by as the death of ecosystems and eco-sensitive areas takes place. People have to understand the global impact of climate change. They have to go off this need to be apolitical and uninterested when their own lives are at risk. Climate illiteracy has to be dealt with so as to educate youngsters and teenagers as much as possible.

Remember, at the center of any academic work, lies clarity and evidence. Should you need further assistance, do look up to our Economics Assignment Help

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