China, · Increased coral bleaching, which inhibits carbon dioxide

China,
India, and the United States are the most populated countries in the world, in
that order. Alternatively, we can order them as the top three contributors to
climate change: China, United States, and India. These three powerhouses produce
almost 50 percent of global emissions that attribute to climate change and need
to work together to reverse the path of climate change.

The Impact

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Climate
change already has an observable impact. Rising temperatures, shrinking
glaciers, shifting snow and rainfall patterns, frozen bodies of water thawing
sooner than expected, and shifting plant and animal habitats have been observed
and attributed to climate change.

Projected
Impact:

·       
Hundreds
of millions of people will be exposed to water stress

·       
Up
to 30% of species will have an increased risk of extinction

·       
Increased
coral bleaching, which inhibits carbon dioxide absorption and leads to ocean acidification

·       
Increased
cost of food due to more complicated/shifting weather patterns

·       
Increased
natural disasters, including hurricanes and wildfires

·       
Substantial burden
on health services                              

The impacts of
our actions today will reach far into the future, affecting generations to come.

The Economics of Climate Change

Climate
change is far reaching, impacting more than the environment. It is estimated
that climate change will cost the world
economy over $1.95 trillion a year
in lost productivity by 2030, if the current trend continues

Perhaps
the most impacted facet of industry would be disruption in the global and local
supply chain. At the start of 2017, the Global Risks Report stated extreme weather events are
the most likely events to disrupt a supply chain and that disruptions due to
extreme weather have increased 29% since 2012. The report was just a foreshadow
of the record hurricanes, flooding, and wildfires that impacted business.

Companies
old and new need to embrace efforts to become more environmentally friendly and
collaborate with governments to achieve these goals. This not only helps the
environment, but helps business as well. In fact, the Organization for Economic
Cooperation and Development recently stated that planning for and intertwining
company growth with climate-change policy could raise the world economic output
by 2.8 percent in 2050.    

Sharing Responsibility

Three
countries are at the forefront of the destruction of the environment and the
economy. Therefore, these three countries need to act as one to help slow and
reverse climate change. Global powers need to give up the nationalist mentality
and share their renewable energy technology and policy with others.

China and
India are continuously growing in population and developing as nations. This
has a significant impact on climate because newly developing and/or poor
countries rely on cheap, dirty, fossil-fuels. With combined effort, the top
three polluting countries can counteract and invest in green technology. This
will help reduce the cost of clean energy, leading to cleaner developing and
poor countries.

The slogan
“Think Globally, Act Locally” has been adopted by many, but never has there
been a time where it rings true. It begins by thinking bigger than our
respective countries and ends with a cleaner future.

The Path Ahead

The Trump Administration’s
has chosen to pull out of the Paris Climate Agreement, while both China and
India have committed to the Paris Climate agreement. As such, the future of
renewable energy has fallen on China.

Although
China has buckled down their efforts by committing to addressing climate change
through both policy and action, it won’t be enough without cooperation between
the big three offenders. One can only hope they will be the neon light that
flashes “Green Energy” that the world may follow.

 

Not-so-fun Climate Change Bonus
Facts:

·       
Climate
change is real. Despite the nay-sayers and climate deniers, we have measurable
results that affect
everyone, not only those who agree. It’s hard to argue with 97% of climate researchers

·       
Climate
change has already killed. Studies have shown that the risk of dying from a heat-related
illness has substantially increased over the past two decades and deaths due to
high pollution levels have skyrocketed as well.

·       
We
use more ecological resources than nature can generate—and it happens quicker every year.

 

 

 

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