Global Warming

THE IMPACT OF GLOBAL CLIMATE CHANGE ON THE U .S . MARKET In the history of science , no unresolved has been as meticulously reviewed and debated as global melting (Weart , Spencer cited in Doughton , Sandi 2005 . Yes , it is true that climate change , commonly referred to in literatures as has grown from an environmental content , to moral and ethical genius . Today , with the debate over the issue is continuously beingness placed on headlines in broadcast and print media , climate change heats up to a serious political issue and then as an inevitable economic issueDue to economic considerations , the join States , with President Bush refused to sign in the Kyoto Treaty which compels signer countries to reduce ascorbic acid dioxide emission . For Bush , to sign in the treaty would mean compromising the United States economy delinquent to the point that the compliance requirements will be too overpriced and that it would hobble the economy (Lynch , David 2006 . atomic number 63 and Japan eat already adopted the Kyoto Treaty in 1997 . Despite Bush viewpoint on the issue of global warm up , economists and demarcation analysts have positively pointed to the benefits of climate change to the world s economy and thence agreed that climate change has indeed provided a goodly business opportunity for specific industriesLynch , in the March 31 , 2006 online issue of the USA Today , has cited several companies that know the business opportunity offered by the issue on global warming . Planktos is a small Silicon Valley partnership positive a business idea of selling its carbon-eating phytoplankton to countries in Europe which have plans of cutting down the carbon-dioxide emission . In 2005 , the company had initially made a sale of 1 .3 one thousand thousand to Solar Energy Ltd , based in Vancouver despite the fact that the product was still at the testing stage (Taylor , Chris , 2006 .

another(prenominal) well-established company , the General Electric Company , has also recognized the huge business opportunity for signing up in the Kyoto Treaty . GE adopted a project called Ecomagination possible action which focused on developing and producing environment-friendly technologies that it sees will make a sound market share for them . As early as 1988 DuPont started to stop making use of chlorofluorocarbons in their products and had reduced its carbon dioxide emission by 72 by the year 2003 What started as an effort to address our carbon footprint has turned expose to be financially a very good intimacy (Fisher , Linda cited in Lynch , David 2006One much thing that has improved in today s view of climate change is that more and more private companies have recognized the truth of global warming and that there really is the need to take action at the most immediate time possible . Lynch account that there are already forty companies who are link business council organized by the Pew Center on Global Climate Change , among them are IBM , Whirlpool , buttocks Hancock and BoeingThese companies did not seem to make a significant appeal to the United States economy which currently has not so far...If you want to get a full essay, order it on our website: Ordercustompaper.com

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