Media coverage of climate changeMedia coverage of climate change has had effects on public opinion on climate change, as it conveys the scientific consensus on climate change that the global temperature has increased in recent decades and that the trend is caused by human-induced emissions of greenhouse gases. Climate change communication research shows that coverage has grown and become more accurate. Some researchers and journalists believe that media coverage of politics of climate change is adequate and fair, while a few feel that it is biased.
Effects of climate changeClimate change affects the physical environment, ecosystems and human societies. Changes in the climate system include an overall warming trend, more extreme weather and rising sea levels. These in turn impact nature and wildlife, as well as human settlements and societies. The effects of human-caused climate change are broad and far-reaching, especially if significant climate action is not taken. The projected and observed negative impacts of climate change are sometimes referred to as the climate crisis.
General equilibrium theoryIn economics, general equilibrium theory attempts to explain the behavior of supply, demand, and prices in a whole economy with several or many interacting markets, by seeking to prove that the interaction of demand and supply will result in an overall general equilibrium. General equilibrium theory contrasts with the theory of partial equilibrium, which analyzes a specific part of an economy while its other factors are held constant.
Scientific consensus on climate changeThere is a strong scientific consensus that the Earth is warming and that this warming is mainly caused by human activities. This consensus is supported by various studies of scientists' opinions and by position statements of scientific organizations, many of which explicitly agree with the Intergovernmental Panel on Climate Change (IPCC) synthesis reports. Nearly all actively publishing climate scientists say humans are causing climate change. Surveys of the scientific literature are another way to measure scientific consensus.
Computable general equilibriumComputable general equilibrium (CGE) models are a class of economic models that use actual economic data to estimate how an economy might react to changes in policy, technology or other external factors. CGE models are also referred to as AGE (applied general equilibrium) models. A CGE model consists of equations describing model variables and a database (usually very detailed) consistent with these model equations. The equations tend to be neoclassical in spirit, often assuming cost-minimizing behaviour by producers, average-cost pricing, and household demands based on optimizing behaviour.
Global surface temperatureIn earth science, global surface temperature (GST; sometimes referred to as global mean surface temperature, GMST, or global average surface temperature) is calculated by averaging the temperature at the surface of the sea and air temperature over land. Periods of global cooling and global warming have alternated during Earth's history. of reliable global temperature measurements began in the 1850—1880 time frame. Through 1940, the average annual temperature increased, but was relatively stable between 1940 and 1975.
Dynamic stochastic general equilibriumDynamic stochastic general equilibrium modeling (abbreviated as DSGE, or DGE, or sometimes SDGE) is a macroeconomic method which is often employed by monetary and fiscal authorities for policy analysis, explaining historical time-series data, as well as future forecasting purposes. DSGE econometric modelling applies general equilibrium theory and microeconomic principles in a tractable manner to postulate economic phenomena, such as economic growth and business cycles, as well as policy effects and market shocks.
Ice ageAn ice age is a long period of reduction in the temperature of Earth's surface and atmosphere, resulting in the presence or expansion of continental and polar ice sheets and alpine glaciers. Earth's climate alternates between ice ages and greenhouse periods, during which there are no glaciers on the planet. Earth is currently in the ice age called Quaternary glaciation. Individual pulses of cold climate within an ice age are termed glacial periods (or, alternatively, glacials, glaciations, glacial stages, stadials, stades, or colloquially, ice ages), and intermittent warm periods within an ice age are called interglacials or interstadials.
Climate variability and changeClimate variability includes all the variations in the climate that last longer than individual weather events, whereas the term climate change only refers to those variations that persist for a longer period of time, typically decades or more. Climate change may refer to any time in Earth's history, but the term is now commonly used to describe contemporary climate change. Since the Industrial Revolution, the climate has increasingly been affected by human activities.
Competitive equilibriumCompetitive equilibrium (also called: Walrasian equilibrium) is a concept of economic equilibrium, introduced by Kenneth Arrow and Gérard Debreu in 1951, appropriate for the analysis of commodity markets with flexible prices and many traders, and serving as the benchmark of efficiency in economic analysis. It relies crucially on the assumption of a competitive environment where each trader decides upon a quantity that is so small compared to the total quantity traded in the market that their individual transactions have no influence on the prices.
