IntroductionThere has been a growing consensus at the global level indicating the impacts of climate change on different aspects of life are majorly attributed to greenhouse gases emissions.
These nations do not have access to the technologies that result in lower carbon emission, thus, the road to development for these nations leads to further emission in greenhouse gases affect economic growth, and further share in dealing with greenhouse warming.On the part of the United Kingdom, the nation has already dealt with severe consequences of greenhouse warming and has been subsequently deploying approaches of decoupling to reduce the impact of greenhouse emissions and climate change on its economic growth.
The emission of these gases combined tends to endanger the health and welfare of the public, their ability to contribute to economic growth, and the adverse impact on future generations as well (EPA, 2021).Figure: Tradeoff Between The Consumption Goods And Non-Renewable Sources Of EnergySource: (Pettinger, 2021)The production possibility curve showed above reflects the tradeoff between the consumption level of goods and subsequent non-renewable sources of energy that are deployed at the production level of these goods.
This was the time of significant industrial growth of the United Kingdom and industries require all sorts of exhaustible resources to be deployed for constant production and exports (Friedrich & Damassa, 2014).Subsequently, this started to show adverse impact on the economic growth of the UK resulting in polluted water bodies, affecting the cycle of air pollution, dense smog, leading the nation to pass the clean air act as well as climate change act to address these seeping issues from affecting the health of the population and having an adverse impact on the economic growth as well.
To know more take assistance from Coursework help experts of SourceEssay.Many parts of UK have become severely prone to flooding in recent years which have directly corresponded to the risks to which the businesses are exposed to, due to rising exposure of business sites to these disasters.
United Kingdom is also an island nation, so due to constant flooding, coastal erosion is one such significant economic loss as numerous industries rely on these for robust international trade.The United Kingdom has a global supply chain from its coastal regions which extend to global markets.