Economics Cost of Affecting Climate Change

THE MAJOR PROBLEM with determining the economics of affecting climate change is the number of variables involved and the inability, even using advanced modeling theories, to accurately project these variables for more than a few years. Projecting the economic costs of doing nothing to combat climate change, or the costs of attempting to do something, are hampered not only by understanding the effects of the climate change on national, regional, and global economies, but also by the infinite variables that must be incorporated into the economic models. These variables are contingent on the infinite variables incorporated into the currently evolving and competing climate change models.

Renewable Energy 101

Renewable Energy 101

Renewable energy is energy that is generated from sunlight, rain, tides, geothermal heat and wind. These sources are naturally and constantly replenished, which is why they are deemed as renewable. The usage of renewable energy sources is very important when considering the sustainability of the existing energy usage of the world. While there is currently an abundance of non-renewable energy sources, such as nuclear fuels, these energy sources are depleting. In addition to being a non-renewable supply, the non-renewable energy sources release emissions into the air, which has an adverse effect on the environment.

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