Sunday, 11 January 2015

Global Warming and Externalities: Sri Lanka

Global Warming and Externalities: Sri Lanka

Global Warming is defined as a gradual increase in the overall temperature of the earth's atmosphere generally attributed to the greenhouse effect caused by increased levels of carbon dioxide and other greenhouse gases. The issue of Global Warming has risen to great prominence over the last 15-20 years. The rate at which the average global temperature is increasing is constantly rising and the trend is accelerating.
Fossil fuels are natural fuels such as coal or gas, formed in the geological past from the remains of living organisms. Coal and petroleum are two of the most commonly used fossil fuels. Coal is used to produce electricity and is also used to power steam engine trains. Petroleum is used to fuel cars and airplanes. However, the production and the use of fossil fuels leads to negative externalities. A negative externality is a cost that is suffered by a third party as a result of an economic transaction. Usage of fossil fuels leads to various negative externalities such as pollution and global warming.

Burning of coal and petroleum leads to emission of smoke and toxic fumes which cause air pollution and affect the quality of the air that humans breathe in. These toxic fumes also tend to cause smog and can lead to various respiratory diseases due to the large amounts of impurities present in the air. Also, with an ever-increasing demand for fossil fuels nowadays, more and more land is being dug up to mine for fossil fuels. Increased amount of mining leads to soil and ground pollution and destruction of the environment.
The burning of fossil fuels also leads to the release of carbon dioxide and other greenhouse gases and this leads to an increase in the percentage of greenhouse gases present in the atmosphere and an increase in the percentage of greenhouse gases present in the atmosphere leads to global warming. Greenhouse gases prevent heat radiations emitted from the Earth’s surface from escaping its atmosphere. With a larger amount of greenhouse gases present in the atmosphere, a larger amount of heat radiation emitted from the Earth’s surface will be absorbed and this will lead to an increase in the Earth’s temperature. Global Warming leads to an increase in the average global temperature and also leads to melting of polar ice caps and rising sea levels around the globe.

National level modelling, undertaken by the Sri Lankan Centre for Climate Change Studies, suggest that the changes in Sri Lanka broadly – but not completely – follow the regional expectations: The regional temperature trends are played out in Sri Lanka. By 2100, the increase in temperature during the southwest monsoon season (May to September) is anticipated to be 2.5 ºC, whilst the northeast monsoon season (December to February) is expected to yield a temperature increase of 2.9 ºC. The rainfall change is expected to be greater during the southwest monsoons (May to September) than northeast monsoons (December to February).

Also most Sri Lankan crops, and particularly rice, are produced at the top end of the optimum temperature range for cultivation, meaning that the anticipated increases in temperature could have a profound effect on yields.

There are several non-profit organizations within Sri Lanka petitioning for a more sustainable environment for both humans and species alike. The Sri Lanka Wildlife Conservation Society’s main purpose is to conserve the dwindling biodiversity of Sri Lanka. They have completed several conservation projects including a wetlands conservation project along with many habitat restoration missions in Sri Lanka.

 The National Climate Change Adaption Strategy (NCCAS) has prioritized a framework for combating and coping with climate change. There framework includes some key components that will be assessed from 2011 to 2016. The following is the framework the NCCAS will follow; Enable Climate Resilient and Healthy Human Settlement. Minimize Climate Change Impacts on Food and Security. Improve Climate Resilience of Key Economic Drivers. Safeguard Natural Resources and Biodiversity from Climate Change Impacts. This framework will help Sri Lanka offset potential climate changes in the near future. The NCCAS understands that stopping climate change is unrealistic, so many of their goals have to do with preparing and understanding what they need to do to prepare both economically and environmentally. 

Strategies to reduce air pollution in Sri Lanka include changes from biomass to other fuels (e.g. gas), the dissemination of improved cook stoves and improved kitchen design in households which will help reduce overall levels of pollution.

Sri Lanka also has ample scope for bioethanol and biodiesel production as well as wind power. Also the imposition of a 'carbon tax' of 15 to 41 dollar a tonne could cut emissions by 22 percent in the country.

Sri Lanka as a country has a plan set up to reduce pollution and global warming and to combat and cope with climate change. International Policies such as the Kyoto Protocol and the Copenhagen Accord are important because cooperation among governments is crucially important as a method of controlling and preventing negative consequences on certain resources such as the global climate and the ozone layer. International protocols bring countries together to fight the issues of carbon emission levels and pollution and global warming. International agreements are the only way global warming can be reduced and the rate of increase of average global temperature can be reduced.



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