761
Electricity generation and usage is a major source of climate change , which is considered one of the most consequential external costs of our lifetime.
799
Among the most significant economic issues facing the world today is the effect of human actions on the environment.
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Climate change refers to the gradual change in the Earth's climate due to an increase in average temperatures resulting from both natural and human actions.
800
Greenhouse gases created largely by human activities include carbon dioxide (CO2) from fossil fuel and industrial processes, carbon dioxide (CO2) from forestry and other land use (FOLU), methane (CH4), nitrous oxide (N2O), and fluorinated gases (F).
801
The largest portion of greenhouse gases is carbon dioxide, which is created by fossil fuel usage, industrial production, and deforestation. Fossil fuel usage includes the use of automobiles and airplanes, electricity and home heating fuels, and the production of products such as plastics and tires and even everyday items such as ink pens, cosmetics, and toothpaste. Deforestation contributes to greenhouse gases because trees absorb carbon dioxide, and when they are cut down or burned, the stored carbon dioxide is released into the atmosphere.
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Other forms of greenhouse gases include methane, nitrous oxide, and fluorinated gases. Methane is generated largely from livestock farming, landfills, and the production and use of fossil fuels. Nitrous oxide is produced on farms from the use of synthetic fertilizers along with fossil fuel usage.
802
Finally, fluorinated gases are created in products such as modern refrigerators, air conditioners, and aerosol cans. Because fluorinated gases do not harm the ozone layer and are energy efficient, products that emit these gases have grown in popularity over the past decade, though they still contribute significantly to global warming.