Monday, August 19, 2019

Is Global Warming a Hoax? Essay -- environmental issues, climate change

Is global warming a hoax? Anyone who listens to the news for sure very often comes across a news anchor stating how the Earth’s climate is changing. Global warming is a term that creates fear among many. But with all the open and uncensored media out there how do we know that this is not a lie or cover-up? So what does global warming actually mean and is it really true? If global warming is such a big deal why are we taking our time to act? The climate of the Earth has been changing way before the industrialization era began; way before we started to dig up fossil fuel, burn it and put carbon into the air. So if this has been happening for a long time, what is the huge fuss about it? Many believe this is just a fuss. Looking at the financial perspective, many beneficiaries have popped up due to the investment in green-friendly materials. One of the notable people who made sky rocketing financial gains after his investment within the green-industry riches is Al Gore, an American politician, advocate and philanthropist, who was the 45th Vice President of the United States, under President Bill Clinton. Larry Bell states: In 2004, Gore co-founded London-based Generation Investment Management (GIM) with Senator Feinstein’s husband, former Goldman Sachs Group, Inc. Managing Director David Blood to invest money in businesses that were â€Å"going green†. Public filings show that GIM raised profits of nearly $218 million between 2008 and 2011, split among 26 partners. By 2008 Gore was able to put together $35 million into hedge funds and private partnerships through Capricorn Investment Group, a Palo Alto company founded by his Canadian billionaire buddy Jeffrey Skoll, the first president of EBay Inc (Bell). One main blow comes from the co... ...ources Defense Council (NRDC), â€Å"Four global warming impacts alone—hurricane damage, real estate losses, energy costs, and water costs—will come with a price tag of 1.8 percent of U.S. GDP, or almost $1.9 trillion annually (in today’s dollars) by 2100† (Akerman 4). Climate change or global warming is neither today’s nor tomorrow’s problem. It is a long term problem that has been affecting us, is affecting us, and at an even much higher rate will affect us. Works Cited Ackerman, Frank, and Elizabeth A. Station. â€Å"The cost of Climate Change: What We’ll Pay if Global Warming Continues Unchecked.† Natural Resources Defense Council, May 2008. Web. 26 April 2014. Bell, Larry. â€Å"The Greening of Gore’s Bank Account.† Forbes. 21 May 2013. Web. 25 April 2014. United States Environmental Protection Agency. Future Climate Change. n.d. Web. 25 April 2014.

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