Global Warming Carbon Trading - 1105 Words

Jason Dumawa ENG 7 Robert Lorette 11/18/2014 â€Å"Global Warming: Carbon Trading† The world’s climate is changing, and the effects will have a great impact on our planet’s ecosystem, biodiversity, and people’s lives. The average air temperature is already 1.5 degrees than they were at the start of 20th century, and a rise of 1 degree in just over 30 years makes a big difference on our ozone. Climate change is a general term for a change in climate of a long period of time, climate being the long-term weather pattern of a geographical area: temperature and precipitation averages and extremes. When people today talk about climate change they usually refer to the present human-induced climate change caused by burning fossil fuels. This is also called global warming although scientists prefer the term climate change because even though the general pattern is a warming, some areas are expected to get colder, have more extremes in weather. By burning fossil fuels from industry, transport, energy productio n etc., greenhouse gases (GHGs) are released. Carbon dioxide is the main GHG of concern, but others are methane, nitrous oxide, water vapor, and ozone. These GHGs trap escaping energy emitted by the Earth and heat up the atmosphere, causing a general warming of the planet. However, there is a solution to slow climate change and enforce a limit to how much an industrialized corporations can burn GHG, and that is carbon trading. Humans have been burning fossil fuels such as oil,Show MoreRelatedEconomic Policy Options for Addressing Global Warming980 Words   |  4 PagesEconomic Policy Options for Addressing Global Warming Introduction The topic of global warming has taken center stage recently as one of the most pressing environmental concerns of our time. Scientists generally agree that the temperature of the earth is rising and that the greenhouse effect is the primary culprit. Greenhouse gases, like carbon dioxide, absorb significant amounts of outgoing radiation while also allowing incoming solar radiation, thereby warming the surface of the earth (NordhausRead MoreTrading Eligible Emissions Units in the Carbon Market990 Words   |  4 PagesTrading Eligible Emissions Units in the Carbon Market Starting from the Kyoto protocol and culminating in the 2011 Durban agreement, world leaders have put into motion, a coordinated effort to save the world through concerted actions by their countries to reduce the carbon emissions. The reason for this agreement was the perspective that the world will not survive at the rate of the present emissions. Hence, the World Congress is has no option but to act strongly on these lines. The Kyoto protocolRead MoreHow Does Cap And Trade System Work?1224 Words   |  5 PagesCap-and-trade is environmentally and economically approach to capping and controlling greenhouse gas emissions which is the primary cause of global warming. 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