The Economics of Global Warming

Monday, 15 September 2008 14:28 by Joe

Global warming can prove to be a costly occurrence.  For many reasons, financial considerations have already been impacted.  For anyone who looks to the wallet for an indicator of disaster, trouble can be seen in global warming. 

The deadly and destructive storms that are now being seen have caused tremendous financial losses.  Hurricane Katrina cost roughly 81 billion dollars in damage, and the actual rebuilding has barely even begun.  Storms like Katrina have most likely been boosted to their extreme levels of force by warm ocean waters.  These are caused by global warming. 

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