Coming to grips with the economics of climate change

Global economic system

The issue of global warming and sustainable development can no longer be a matter of passing interest.  The international community is on a mission to ensure that the life-sustaining features of the earth are there for future generations.  But to achieve its objective, it must bring the issue of global warming under control.  The issue has been around for many years, but its significance has risen since it is connected to the way that the existing global economic system operates.

20130728rawle's business pageAny consideration of global warming will bring one to the issue of climate change because climate change is the consequence of global warming.  In essence, climate change refers to “a change in the pattern of weather, and related changes in oceans, land surfaces and ice sheets, occurring over time scales of decades or longer.”   The implication that global warming has for the future of life on earth makes it something that everyone should care about, including what is causing it to happen.  No country can claim to be ready for climate change and no one can say with any degree of certainty what readiness for climate change would look like.  It is known though that global warming is caused by the emission of greenhouse gases into the atmosphere.  This article is not intended to be a scientific discourse on the subject, but the nature and importance of the matter leaves this writer with no choice but to identify with some of the reported science.