Chapter 7, Problem 16BS

Summary Introduction

To explain:

The decision of Paris agreement is agreeable or not and the ways of effort to reduce the greenhouse gases might hurt the economy and also how the cost to be weighed against the costs of global climate change and whether an individual would like to vote to stay in Paris agreement or will withdraw from it.

Introduction:

The Paris agreement is related to global warming, which was conducted on 12 December 2015 in Paris. The agreement plans to work to minimize the causes that lead to climate change or global warming. The global warming occurs due to the gradual increase in the temperature of the earth due to the increased level of carbon dioxide or greenhouse gases. The greenhouse gases ( ${\text{CO}}_{\text{2}}$ and $\text{CFCs}$ that is chlorofluorocarbons) absorb the infrared rays and radiates heat, which increases the temperature of earth. The sources of the greenhouse gases are: burning of fossil fuels like coal and oil, deforestation and so on.