Is Global Warming a Hoax?

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 “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...

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...ources Defense Council (NRDC), “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. “The cost of Climate Change: What We’ll Pay if Global Warming Continues Unchecked.” nrdc.org. Natural Resources Defense Council, May 2008. Web. 26 April 2014.

Bell, Larry. “The Greening of Gore’s Bank Account.” Forbes. 21 May 2013. Web. 25 April 2014.

United States Environmental Protection Agency. Future Climate Change. Epa.gov. n.d. Web. 25 April 2014.