Economy of Global Warming
One of the most difficult aspect of dealing with climate change and global warming is its economic aspect. Here are a few questions to get you started:
- How much will it cost?
- Who is going to pay for it?
- How should the cost be divided among nations?
- Can developing countries afford this cost?
- Is success guaranteed after spending all this money?
Related Cases:
Kyoto ProtocolThe Kyoto Protocol is an international treaty which extends the 1992 United Nations Framework Convention on Climate Change (UNFCCC) that commits State Parties to reduce greenhouse gases emissions, based on the following premises:
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Paris AgreementThe Paris Agreement is an agreement within the framework of the United Nations Framework Convention on Climate Change (UNFCCC) dealing with greenhouse gases emissions mitigation, adaptation and finance starting in the year 2020. An agreement on the language of the treaty was negotiated by representatives of 195 countries at the 21st Conference of the Parties of the UNFCCC in Paris and adopted by consensus on 12 December 2015. It was signed on 22 April 2016 (Earth Day) by 175 UNFCCC members, 15 of which immediately ratified it. It has not entered into force.
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Wasteful Climate ResearchGovernments are gearing up to spend billions of dollars in the name of war against global warming, but are they spending it wisely? Who will decide on how this money should be spent? Who is supervising this spending?
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