Accounting Theroy
Introduction
According to a team of US scientists led by David Lobell, of Stanford University, due to climate change, directly influence in rainfall and temperature and result in yields of agriculture and increasing price of necessary food. Their findings indicate that, from 1980 to 2008, climate change declined global wheat output by 5.5% and corn output by 3.8%, compared to growth projections without warming (Anonymous, 2011). However, their research is only a little part of ice. Like ice shelf melting, sewage discharge and waste energy, the series of environmental problem lead to global warming, resource exhaustion and destruction of ecological balance in different countries. Therefore, in recent years, public opinion of worldwide regarding the environment and climate change has become increasingly highlighted, as government’s think tanks, political and others worked to focus on an important topic into a political issue in the world.
Traditionally, ‘… Change of climate which is attributed directly or indirectly to human activity that alters the composition of the global atmosphere and which is in addition to natural climate variability observed over comparable time periods’ is as more narrowly defined (Article of the United Nation Framework Convention on Climate Change, Xynas, 2011). Nevertheless, now the environment and climate change has become a significant issue for business due to the financial impact and unpredictability of increasingly frequent natural disasters. Thus, the issue is excessive considered from scientists, economists and political leaders. Meanwhile, the global response to the issue and need different countries’ public sectors make an effort to the issue’s mitigation, while many countries relief their climate change via political regulation and political pressure in economic perspective. What’s more, some researchers argue that environmental control has largely been driven by legislation, and government through commanding and controlling
According to a team of US scientists led by David Lobell, of Stanford University, due to climate change, directly influence in rainfall and temperature and result in yields of agriculture and increasing price of necessary food. Their findings indicate that, from 1980 to 2008, climate change declined global wheat output by 5.5% and corn output by 3.8%, compared to growth projections without warming (Anonymous, 2011). However, their research is only a little part of ice. Like ice shelf melting, sewage discharge and waste energy, the series of environmental problem lead to global warming, resource exhaustion and destruction of ecological balance in different countries. Therefore, in recent years, public opinion of worldwide regarding the environment and climate change has become increasingly highlighted, as government’s think tanks, political and others worked to focus on an important topic into a political issue in the world.
Traditionally, ‘… Change of climate which is attributed directly or indirectly to human activity that alters the composition of the global atmosphere and which is in addition to natural climate variability observed over comparable time periods’ is as more narrowly defined (Article of the United Nation Framework Convention on Climate Change, Xynas, 2011). Nevertheless, now the environment and climate change has become a significant issue for business due to the financial impact and unpredictability of increasingly frequent natural disasters. Thus, the issue is excessive considered from scientists, economists and political leaders. Meanwhile, the global response to the issue and need different countries’ public sectors make an effort to the issue’s mitigation, while many countries relief their climate change via political regulation and political pressure in economic perspective. What’s more, some researchers argue that environmental control has largely been driven by legislation, and government through commanding and controlling