Global Warming and Economy

Global warming's effect on economy
Global warming has been ignored and one of the reasons is because there isn't enough money to stop what we are doing to the environment. The cost of using different methods would be extremely high and the companies who are spreading the most toxins in the air would lose profit if they were to be more eco friendly. Though if global warming were to keep on going on then the weather will be much more worst and destructive than it has been and the damages it causes will end up costing more than it cost to stop the change.

Some other reasons for global warming not being dealt with is because some businesses think more of what earns them the most money at the moment without seeing how that could effect them later. If global warming were to continue then it would cost the bussiness more then what they are doing now so some businessess want to earn more while they have the chance. Some other thing that is also preventing the stop is that some people don't believe that the scientists who are telling about Global warming are right.

Statistics
If global warming were to continue then by the year of 2075, then 0.2 to 2.0 percent of everyone's income will go towards the damages of climate change.

The average annual growth rate in poor regions is cut from 3.2% to 2.6%, which means that by 2100 per-capita GDP is 40% below reference.”

There is predicted to be a new coastline in the U.S. in about 25 to 50 years.