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How Does Climate Change Affect The Economy

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There are many climate changes that will affect the economy and the amount of debt that we are in as a country. As global warming changes and the weather changes that causes different natural disasters to occur. When different storms strike different areas that causes us to make the move and help those lives who have been affected by the tragic disaster. Glaciers are melting, sea levels are rising, cloud forests are dying, and wildlife is scrambling to keep pace. It's becoming clear that humans have caused most of the past century's warming by releasing heat-trapping gases as we power our modern lives. Called greenhouse gases, their levels are higher now than in the last 650,000 years. We call the result global warming, but it is causing …show more content…

As a country we have a lot of money issues. No matter how much money we have as a nation and country we will always be in debt. When natural disasters and global warming the United States sends out disaster help to those who are desperate need of good and supplies. We have organizations such as the red cross and there are many hospitals that have trailer that are set up to go out if things were to get bad. It is also know that sometimes disaster even causes economic growth. Sometimes it's not a bad thing that disasters strike some places, it only causes them to become stronger and to help the economy grow economically stronger and it will help strengthen us. In the short term, therefore, disasters have a negative impact on output, income, and employment. Measured by GDP, recovery spending may lead to higher output and employment after a period of time. Even this positive effect, however, is somewhat of an illusion because GDP typically does not account for all the economic losses from the disaster, notably loss of capital. I feel that these disasters could either affect the economy positively or …show more content…

There are many organizations that will reach out to anybody who needs the help and supplies and that is all supplied by the government which put us in een more debt because that's all being paid for out of the governments pockets. There are many positive and negative effects that global warming and natural disasters have on the world and on the economy as a whole. There are many supply and demand curves for all of the needs and the prices of them after things tragic

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The Stafford Act was enacted in 1988 and determines how and when the federal government is allowed to intervene in a natural disaster. It also defines the type of assistance to be provided as well as the distribution of funds among the federal, state and local governments. FEMA is responsible for coordinating the assistance identified in the Stafford Act. However, FEMA has to answer to the Secretary of Homeland Security rather than making their own decisions. The authors describe how our current governmental system isn’t well equipped to deal with major devastation such as Hurricane Katrina.

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Personnel and equipment come into the devastated area from all over the country, as well as Puerto Rico and the U.S. Virgin Islands” (Bell, 2006, p. 26). 2005 brought the largest national response to natural disasters. Hurricane’s Katrina and Rita affected numerous states. The states affected were unable to help themselves, as would be responders were now victims. In addition to the lack of responders, the local infrastructure was decimated and local and state officials were unable to respond.

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Increasing temperatures, increasing sea levels, melting glaciers, and extreme weather events like storms, droughts, and floods are all direct results of global warming. Experts foresee severe effects for the planet's future, including severe food shortages, climate refugees, and the extinction of numerous species, if global warming continues at its current rate. “This warming trend is alarming. Our warming climate is already making a mark: Forest fires are intensifying; hurricanes are getting stronger; droughts are wreaking havoc and sea levels are rising. NASA is deepening our commitment to do our part in addressing climate change.

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Hurricane Katrina shift the position of the Department of Homeland Security from making natural disasters an equally as important as terrorism. This even showed that disaster planning requires a great deal of collaboration. The Department of Homeland Security who swallowed up FEMA where not quick to react to Hurricane Katrina because all their focus was spend on planning for a prevent terrorist attacks. The failure of the disaster response system resulted in over 1,200 lives lost in Louisiana and Mississippi. FEMA failed to work closely with its State and local counterparts and communications between these partners and the public were strained at best.

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In its initial years, FEMA's emphasis was on the national security worry with readiness for atomic war. As Kapucu and Ozerdem (2013) emphasized, since 1989, on the other hand, tranquil relations with the previous Soviet Union, combined with late common catastrophes (the Loma Prieta seismic tremor and Hurricanes Hugo, Andrew, and Iniki), have provoked a reconsideration of the national government's part in crisis administration. ("About the Agency” FEMA 2012), In the wake of a fiasco, the Federal Emergency Management Agency (FEMA) assumes a basic part in addressing the needs of influenced populaces in the United States. Consider Tropical Storm Irene, a noteworthy catastrophe that hit the East Coast in September 2011.

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These natural disasters can drive distrust within communities. For example, in an analysis of natural disaster data, evidence was found by Dawn Brancati and Rakhi Bhavnani that “...natural disasters result in a high likelihood of conflict because victims compete with one another for scarce resources such as relief aid, housing and so forth” (Kang 1-2). Due to the scarcity of essential resources, those affected are fighting over them promoting conflict within a community. Instead of connecting, the people are competing against each other to survive. However, the use of the resources in a more efficient way can help to reduce fighting over resources.

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Global warming can cause many changes in our environment. Polar ice caps can start to melt which can cause rising sea levels and can easily lead to coastal flooding on the eastern seaboard. There can also be affects on the types of storms that can occur if global warming continues. Scientists say that category three storms can turn into a more dangerous category fours. Farms and cities will face new pests, heatwaves, heavy downpours, and increased flooding.

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