Open AccessThe Economic Theory Behind the Global Climate Change
Author(s) -
М. Жариков
Publication year - 2021
Publication title -
review of business and economics studies
Language(s) - English
Resource type - Journals
eISSN - 2311-0279
pISSN - 2308-944X
DOI - 10.26794/2308-944x-2020-8-4-33-43
Subject(s) - climate change , argument (complex analysis) , affect (linguistics) , work (physics) , global warming , natural resource economics , field (mathematics) , greenhouse gas , political economy of climate change , economics , political science , sociology , ecology , engineering , mechanical engineering , biochemistry , chemistry , mathematics , communication , pure mathematics , biology
This article touches on several polarising subjects in the world environmental crisis. The author attempts to classify the main ideas that can have the same venomous level of disagreements, such as the issue of climate change or global warming. The argument is supported by a healthy majority of people who work in the field with a vocal minority of dissenters as well. The article starts with models about economic growth and the energy industry and how those interact to produce carbon emissions. The author tries to analyse models of how carbon emissions affect climate. Finally, the article outlays the models of how climate affects economic output and health projecting into the future. The research concludes by adding some additional models of how policy changes might affect all of this.