An urban heat island (UHI) is an urban area or metropolitan area that is significantly warmer than its surrounding rural areas due to human activities. The temperature difference is usually larger at night than during the day, and is most apparent when winds are weak. UHI is most noticeable during the summer and winter. The main cause of the urban heat island effect is from the modification of land surfaces. Waste heat generated by energy usage is a secondary contributor. As a population center grows, it tends to expand its area and increase its average temperature. The term heat island is also used; the term can be used to refer to any area that is relatively hotter than the surrounding, but generally refers to human-disturbed areas.
Climate change and agriculture are interrelated processes, both of which take place on a global scale, with the adverse effects of climate change affecting agriculture both directly and indirectly. This can take place through changes in average temperatures, rainfall, and climate extremes ; changes in pests and diseases; changes in atmospheric carbon dioxide and ground-level ozone concentrations; changes in the nutritional quality of some foods; and changes in sea level.
Social cost in neoclassical economics is the sum of the private costs resulting from a transaction and the costs imposed on the consumers as a consequence of being exposed to the transaction for which they are not compensated or charged. In other words, it is the sum of private and external costs. This might be applied to any number of economic problems: for example, social cost of carbon has been explored to better understand the costs of carbon emissions for proposed economic solutions such as a carbon tax.
The green gross domestic product is an index of economic growth with the environmental consequences of that growth factored into a country's conventional GDP. Green GDP monetizes the loss of biodiversity, and accounts for costs caused by climate change. Some environmental experts prefer physical indicators, which may be aggregated to indices such as the "Sustainable Development Index".
The economics of climate change concerns the economic aspects of climate change; this can inform policies that governments might consider in response. A number of factors make this and the politics of climate change a difficult problem: it is a long-term, intergenerational problem; benefits and costs are distributed unequally both within and across countries; and both scientific and public opinions need to be taken into account.
William Dawbney Nordhaus is an American economist, a Sterling Professor of Economics at Yale University, best known for his work in economic modeling and climate change, and one of the 2 recipients of the 2018 Nobel Memorial Prize in Economic Sciences. Nordhaus received the prize "for integrating climate change into long-run macroeconomic analysis".
The Stern Review on the Economics of Climate Change is a 700-page report released for the Government of the United Kingdom on 30 October 2006 by economist Nicholas Stern, chair of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics (LSE) and also chair of the Centre for Climate Change Economics and Policy (CCCEP) at Leeds University and LSE. The report discusses the effect of global warming on the world economy. Although not the first economic report on climate change, it is significant as the largest and most widely known and discussed report of its kind.
The social cost of carbon (SCC) is the marginal cost of the impacts caused by emitting one extra tonne of greenhouse gas at any point in time, inclusive of 'non-market' impacts on the environment and human health. The purpose of putting a price on a ton of emitted CO
2 is to aid policymakers or other legislators in evaluating whether a policy designed to curb climate change is justified. The social cost of carbon is a calculation focussed on taking corrective measures on climate change which can be deemed a form of market failure. An intuitive way of looking at this is as follows: if the price of carbon is $50 per tonne in 2030, and we currently have a technology that can reduce emissions by 1 million metric tonnes in 2030, then any investment amount below $50 million minus interests would make economic sense, while any amount over that would lead us to consider investing the money somewhere else, and paying to reduce emissions in 2030.
The effects of climate change on South Asia are significant, and are expected to intensify as global temperatures rise due to climate change. In the 2017 edition of Germanwatch's Climate Risk Index, two countries in South Asia — Bangladesh and Pakistan — ranked sixth and seventh respectively as the countries most affected by climate change in the period from 1996–2015, while another — India — ranked fourth among the list of countries most affected by climate change in 2015. The region, home to 1.947 billion people, is one of the most vulnerable regions globally to a number of direct and indirect effects of climate change, including sea level rise, cyclonic activity, and changes in ambient temperature and precipitation patterns. Ongoing sea level rise has already submerged several low-lying islands in the Sundarbans region, displacing thousands of people.
Climate change and the effects of global warming with regard to the climate in California primarily revolve around issues such as drought and the subsequent risk of wildfire and related occurrences. A 2011 study projected that the frequency and magnitude of both maximum and minimum temperatures would increase significantly as a result of global warming. The same study further projected that the frequency and magnitude of both maximum and minimum temperatures would likely increase as a result of global warming.
Marine cloud brightening also known as marine cloud seeding and marine cloud engineering is a proposed solar radiation management climate engineering technique that would make clouds brighter, reflecting a small fraction of incoming sunlight back into space in order to offset anthropogenic global warming. Along with stratospheric aerosol injection, it is one of the two solar radiation management methods that may most feasibly have a substantial climate impact. The intention is that increasing the Earth's albedo, in combination with greenhouse gas emissions reduction, carbon dioxide removal, and adaptation, would reduce climate change and its risks to people and the environment. If implemented, the cooling effect is expected to be felt rapidly and to be reversible on fairly short time scales. However, technical barriers remain to large-scale marine cloud brightening. There are also risks with such modification of complex climate systems.
Mark Zachary Jacobson is a professor of civil and environmental engineering at Stanford University and director of its Atmosphere/Energy Program. Jacobson has developed computer models to study the effects of fossil fuel and biomass burning on air pollution, weather, and climate.
The 1997 group of forest fires in Indonesia that lasted well into 1998 were probably among the two or three, if not the largest, forest fires group in the last two centuries of recorded history.
The natural environment, commonly referred to simply as the environment, includes all living and non-living things occurring naturally on Earth.
The environmental impact of the energy industry is diverse. Energy has been harnessed by human beings for millennia. Initially it was with the use of fire for light, heat, cooking and for safety, and its use can be traced back at least 1.9 million years. In recent years there has been a trend towards the increased commercialization of various renewable energy sources.
The economics of climate change mitigation is the part of the economics of climate change related to climate change mitigation, that is actions that are designed to limit the amount of long-term climate change. Mitigation may be achieved through the reduction of greenhouse gas (GHG) emissions or through the enhancement of sinks that absorb GHGs, for example forests.
Natural capital accounting is the process of calculating the total stocks and flows of natural resources and services in a given ecosystem or region. Accounting for such goods may occur in physical or monetary terms. This process can subsequently inform government, corporate and consumer decision making as each relates to the use or consumption of natural resources and land, and sustainable behaviour.
The Dynamic Integrated Climate-Economy model, referred to as the DICE model or Dice model, is a neoclassical integrated assessment model developed by 2018 Nobel Laureate William Nordhaus that integrates in the economics, carbon cycle, climate science, and impacts allowing a weighing of the costs and benefits of taking steps to slow climate change. Nordhaus also developed the RICE model, a variant of the DICE model that was updated and developed alongside the DICE model. Researchers who collaborated with Nordhaus to develop the model include David Popp, Zili Yang, and Joseph Boyer.
Deforestation is a primary contributor to climate change. Land use changes, especially in the form of deforestation, are the second largest anthropogenic source of atmospheric carbon dioxide emissions, after fossil fuel combustion. Greenhouse gases are emitted during combustion of forest biomass and decomposition of remaining plant material and soil carbon. Global models and national greenhouse gas inventories give similar results for deforestation emissions. As of 2019, deforestation is responsible for about 11% of global greenhouse gas emissions. Peatland degradation also emits GHG. Growing forests are a carbon sink with additional potential to mitigate the effects of climate change. Some of the effects of climate change, such as more wildfires, may increase deforestation. Deforestation comes in many forms: wildfire, agricultural clearcutting, livestock ranching, and logging for timber, among others. The vast majority of agricultural activity resulting in deforestation is subsidized by government tax revenue. Forests cover 31% of the land area on Earth and annually 75,700 square kilometers of the forest is lost. Mass deforestation continues to threaten tropical forests, their biodiversity and the ecosystem services they provide. The main area of concern of deforestation is in tropical rain forests since they are home to the majority of the planet's biodiversity.
Nadine Unger is a Professor of Atmospheric Chemistry at the University of Exeter. She has studied the role of human activities and forests on the Earth's climate.
