2009). At the same time, a careful scientific study that attempted to account for the natural temperature cycle of the Earth, which is mainly driven by oceanic currents, found that even with natural variability accounted for the trend in the twentieth century has been an unrelenting warming trend (Swanson et al. 2009).

Discussion

These results lead to varying conclusions regarding the causes of global warming and the effects it will have on both the environment and the global economy. The modeling studies seem to suggest that the economic impact of transitioning to lower carbon emission in developing countries, though still considerable, is definitely manageable and even advantageous in the long run from cost savings to rural and developing communities (Urban 2009). In addition, the economic ties between carbon emissions and the use of fossil fuels and economic growth that are stressed by many political economists appear to be less direct...
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