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How Climate Change is Affecting Our Economy - College Essay

How Climate Change is Affecting Our Economy

How Climate Change is Affecting Our Economy

Most people have probably heard about all of the major natural disasters happening in the past few years. Ocean warming has accelerated very fast which has a huge impact on sea life and weather change. It seems as if the weather has only gotten worse in some areas. There have been extreme wildfires, causing certain species to almost go extinct. Many states, especially southern states, have been experiencing awful weather that results in bad thunderstorms, tornadoes, and floods. We are already seeing the economic impacts of the changing climate. According to Morgan Stanley, climate disasters have cost North America over four hundred and ...

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and caused about one hundred and eight billion dollars in damages. The following year, a hotspot in the Atlantic Ocean near the Carolinas led to Hurricane Florence. the storm caused 53 deaths and between thirty-eight and fifty-billion dollars in economic damage. 2019 broke previous records for global warming, and the effects are already appearing in the form of more extreme weather, rising sea levels and harm to animals. As temperatures continue to rise, more and more water vapor could evaporate into the atmosphere, and water vapor is the fuel for storms. If we are creating an atmosphere more loaded with humidity, any storm that does develop has greater potential to develop into an intense storm. Higher temperatures could also place further stress on water-scarce regions and make it harder to rear animals and grow food crops. Climate change can affect plant growth and production by spreading pests and diseases, increasing exposure to heat stress and causing soil erosion due to ...

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How Climate Change is Affecting Our Economy. (2021, March 4). Retrieved May 27, 2025, from http://www.essayworld.com/essays/How-Climate-Change-Affecting-Our-Economy/107628

"How Climate Change is Affecting Our Economy." Essayworld.com. Essayworld.com, 4 Mar. 2021. Web. 27 May. 2025. <http://www.essayworld.com/essays/How-Climate-Change-Affecting-Our-Economy/107628>

"How Climate Change is Affecting Our Economy." Essayworld.com. March 4, 2021. Accessed May 27, 2025. http://www.essayworld.com/essays/How-Climate-Change-Affecting-Our-Economy/107628.

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PAPER DETAILS

Added: 3/4/2021 01:18:12 AM
Submitted By: agabner
Category: Environment
Type: Premium Paper
Words: 539
Pages: 2

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