Sunday, October 2, 2011

Climate Change 'Could Hit Canada GDP'



The article is warning Canada of its vulnerability of increasing world climate. Higher temperatures could kill Canadian forests, flood low-lying coastal areas and spread disease. The damages resulting from this could cost Canada the equivalent of 1% of its GDP by 2050 and 2.5% by 2075, about 41 billion Canadian dollars! The proposed measures in reducing the damage included enhanced forest fore protection, pest control and an effor to forster the growth of climate-resilient trees.

After I read this article, I recalled some of the documentaries I've watched about global warming and island countries which are suffering from it. Many island countries were suffering from rising sea levels, including islands such as the Maldives. I felt pity for them because they weren't emitting much of carbon gases while other highly developed countries were causing most of the harms.

That's why I found this article a little surprising - I never thought the highly developed countries could someday become a victim of global warming. That also reflected the disastrous impact of global warming on our lives - and to Canada GDP.


Recalling from what I've learned from class, GDP (Gross Domestic Product) refers to the market value of all final goods and services produced within a country in a given period. The possibility of decline of GDP as 1% means huge, since in economy, a change of a percent of tenth of a decimal is a news. As shown in the map above, Canada has high GDP as the U.S. The map also shows the vulnerability of Canada of climate change, since Canada is located in the northern hemisphere and is surrounded by big bodies of water. 

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