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Global Warming and Its Effects on Business

In: Business and Management

Submitted By iceprin506
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Global Warming and its Effects on Business:
“The beginning of the Industrial Revolution brought many new, exciting inventions into our lives to simplify our lives and made them more efficient.” (Garrett, 1994, pp 234-235). Such inventions included cars, household appliances and plants that burn solid waste, fossil fuels such as oil, natural gas, and coal, and wood and wood products for fuel. Before the Industrial Revolution, human activities caused very few gases to be released into the atmosphere, but now scientists say, through the burning of fossil fuels, a large population growth and deforestation, humans are affecting the mixture of gases in the atmosphere. This mixture of gases in the atmosphere is causing the worldwide problem known as Global Warming. (Garrett, 1994). There are many links between global warming and the future of business, investments and the economy. Global Warming is very detrimental to our future, both scientifically and in the business world. The effects of global warming will have a profound impact on the way we live and therefore the way we carry out our business and investments. According to the United States Environmental Protection Agency, “the earth has a natural “greenhouse effect” which is caused by energy from the sun controlling the earth’s weather and climate, and heats the earth’s surface. In response to the sun, the earth radiates energy back into space.” (Clean Air Act. 2006. Retrieved January 3, 2007, from http://www.epa.gov/air/oaq_caa.html/ ). Atmospheric greenhouse gases such as water vapor, carbon dioxide, and other gases, trap the energy leaving the earth and retaining it as heat, much like a greenhouse ceiling. “This is a natural and necessary effect, without it temperatures on earth would be much lower than they are now and life as it is today would not be possible, but with the greenhouse effect the earth’s

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