Global warming affects food production, energy production and even the recreational industry.
Most effects global warming has are adverse, although occasionally beneficial effects can be seen. The impact of climate change on the physical landscape means that some areas suited traditionally to certain uses like crop production, fishing or recreation can lose their business due to the effects of higher temperatures or changing weather. The energy industry has also been economically affected by climate change as governments enact laws restricting greenhouse emissions and encouraging the beneficial use of more environmentally friendly technology.
Crop Production
Crop yields can be adversely affected by global warming. The Select Committee on Energy Independence and Global Warming says that in southern Indiana and Illinois, crop yields are likely to decline in the coming years, with some areas projected to lose 10 to 20 percent of yield. The low yield could raise crop prices and affect the income of farmers. On the other hand, areas of crop land are being converted to produce bioethanol crops, which could be economically beneficial if the area becomes a leader in bioethanol production as a replacement for gasoline or diesel fuel.
Food Production
In areas that rely on fishing as a major source of income the economy can be impacted by rises in temperature. The select committee says that cod may disappear from the waters around Cape Cod, and the shellfish and overall industry could deteriorate from its present $700 million a year industry.
Energy Industry
The energy industry has been altered to become more environmentally friendly by the advent of global warming, and measures have been put in place by governments to encourage the use of greener technology. For example, since 2007 California has required that builders offer home buyers solar panels as an option on their new house. The state also provides financial incentives to buyers for green technology, boosting the sales of environmentally friendly energy systems. Laws stemming from climate change have altered the types of long-term energy industry projects permitted in the state. The projects must now use clean energy that emits less greenhouse gases than traditional fossil fuel energy.
Recreational Industry
The Select Committee on Energy Independence and Global Warming states that in areas where the climate is changing, traditional pursuits such as skiing and fishing will be impacted. In New England, for example, warmer winters result in less snow for skiers and therefore a shorter season for the ski industry. This will adversely affect businesses like lodge owners, equipment manufacturers and tourism service businesses. Tourism in places like Florida, which in 2010 earns $3.2 billion a year from tourism, could decline due to more intense hurricanes and beaches disappearing due to rising sea levels. Destroyed nature habitats could lead to less wildlife tourism, fishing and hunting that will affect the multi-billion dollar a year industry.
Tags: climate change, energy industry, environmentally friendly, Committee Energy, Committee Energy Independence, Energy Independence, Energy Independence Global
