GLOBAL ARMING IS A MORE OF A HOAX

“ECONOMIC IMPACT OF GLOBAL WARMING IS MORE OF A HOAX”: 

“ECONOMIC IMPACT OF GLOBAL WARMING IS MORE OF A HOAX” Ozone Ordealists : Sai Vaishnavi Hemalatha Mohit Ruhil Rahul Kumar Mahesh Kumar

INTRODUCTION: 

INTRODUCTION

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The Global Warming alarm is dressed up as the science; but its not science, it is a propaganda created by the West. The word global warming itself is a lie and definitely there is no question of Economic Impact because of it. Earth’s climate is always changing .

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Reasons why Global Warming is a Hoax: Earth’s Climate Carbon Emission Statistics Temperature Readings Solar Activity

Earth’s Climate : 

Earth’s Climate The Earth’s temperature is always fluctuating. Little Ice Age. Temperatures during the Medieval Warm Period. (800-1200AD) Climatic optimum period. (5000-3000 BC)

Carbon Emission Statistics: 

Carbon Emission Statistics Only 3% of atmosphere consists of Green house gases, of which 96.5% are water vapor and clouds. Only 0.037 % consists of CO 2 in Green House Gas, of which the human portion is incredibly small.

Temperature Readings : 

Temperature Readings 1. Ground Station Readings: Average ground station readings do show a mild warming of 0.6 to 0.8 C over the last 100 years. This Temperature rise is well within the natural variations recorded in the last millennium. The ground station network suffers from an uneven distribution across the globe. Heat Islands - S tations are preferentially located in growing urban and industrial areas which is called HEAT ISLANDS.

TEMPERATURE READINGS: 

TEMPERATURE READINGS 2. Satellite Readings: Satellite Temperature readings has been taken since last 23 years. Temperatures in the lower troposphere show no warming since readings began. These readings are accurate to within 0.01ºC, and are consistent with data from weather balloons.

WHY IS IT A HOAX : 

WHY IS IT A HOAX

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World Economy: Progressive Growth line

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The world’s Economy is growing in a constant phase. The Trade Cycles in an economy occurs due to poor income distribution, s urplus money etc., but not because of global rumours . Third world nations are growing substantially higher than developed countries because of availability of resources. Example: India has skilled labour for IT and other service sector. China has cheap labour force.

STORY OF INDIAN ECONOMIC DEVELOPMENT: 

STORY OF INDIAN ECONOMIC DEVELOPMENT

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Factors of Economic Development: Literacy Rate Increasing Working Population Exploding of Middle Class Productivity is rising

1.India’s Literacy Rate: 

1.India’s Literacy Rate Source: The Consuming Class , National Council of Applied Economic Research, 2009

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Countries worldwide are anticipating a shortage of working population in the future. India is expected to emerge as a clear winner, and by 2050, it will have the largest working age population. India : Increasing Working Population Stock Position 2005 South East Asia 362 Southern Asia 132 India 691 Africa 500 China 934 Latin America 359 USA 200 Europe 497 Japan 85 World 4,168 In Million Addition to Working Age Population by 2010 Growth in Global Working Age Population (15-64)

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Source: The Consuming Class , National Council of Applied Economic Research, 2002 3. Middle Class Exploding

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30% to 40% of GDP growth is due to rising productivity Source: The Consuming Class , National Council of Applied Economic Research, 2002 4.Productivity Is Rising

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Rise Of Globally Competitive Indian Companies Reliance, Jet Airways, Infosys, Wipro, Ranbaxy, Bharat Forge, Tata Motor, TCS, Bharati , ICICI and HDFC Banks Source: The Consuming Class , National Council of Applied Economic Research, 2002

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Major M&A Deals Undertaken Abroad by India Inc. USD 12.1 billion Tata Steel buys Corus Plc USD 6 billion Hindalco acquired Novelis Inc. USD 1.58 billion Essar Steel acquired Algoma Steel USD 730 million Videocon Industries acquired Daewoo Electronics Corporation Limited USD 1.6 billion Suzlon Energy Ltd. acquires RE power

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Major M&A and Investments Announcements in India USD 11 billion Vodafone buys Hutch USD 0.98 billion Aditya Birla Group increased its stake in Idea Cellular by acquiring 48.14-percent stake USD 1 billion Plans investment in private equity, real estate, and private wealth management USD 1.7 billion Plans to spend on its development operations in India over the next four years USD 0.905 billion Renault, Nissan and Mahindra & Mahindra has initiated a Greenfield automobile plant project in Chennai. Mylan Laboratories acquired a majority stake in Matrix Laboratories USD 0.74 billion

OPPORTUNITIES: 

OPPORTUNITIES

NATURAL RESOURCES: 

NATURAL RESOURCES

: 

Melting Arctic ice cap opening up access to massive Natural Resources. Creating shipping shortcuts for many countries like Russia, Canada, Norway, Denmark etc. New opportunity in shipping business. http://astuteanalysis.blogspot.com/2009/11/w-o-r-l-d-g-e-o-s-t-r-at-e-g-i-c-l-o-c.html

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According to USGS and NORWEGIAN company STATE OIL HYDRO, Arctic hides 25% of worlds undiscovered OIL and GAS. Means 9 billion barrels of oil and 86 trillion cubic feet of gas. Thick ice cover over the Antarctica continent is holding 30 million cubic km of ice (i.e.75% of earth’s fresh water).

RENEWABLE RESOURCES: 

RENEWABLE RESOURCES

1. Hydro Energy: 

1. Hydro Energy In India, we can produce 1,48,000 MW electricity. Arunachal Pradesh alone has the capacity of producing 50,000 MW electricity with the help of 162 projects on17 dams. GMR Energy and JP Associates.

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It’s estimated that the state would be able to earn 70 billion as revenue by sale of generated power from these projects. Currently executed projects are Subansiri Project and Tohal Project. Source :- Indian Economic Review 2010

2.Wind Energy: 

2.Wind Energy Currently India is ranked 5 th in creating wind energy. Our capacity is producing 65,000 MW energy . It’s mainly in South India. For more information, please visit: http://www.wwindea.org

3. SOLAR ENERGY: 

3. SOLAR ENERGY Unlimited source of energy. No pollution no decline. Currently we are using this energy in cooking , hot water, and as electricity in homes or offices. Can use in transport vehicles. Source: www.solarenergy.com

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Source :- IIPM CAMPUS room no 6 and 2 nd FLOOR

CONCLUSION: 

CONCLUSION

Earth’ s Climate is always changing with respect to solar activity. There is no SIGNIFICANT CHANGE in the Earth’s temperature according to SATELLITE and GROUND STATION. Only 3% of the atmosphere consists of Green house gases, of which 96.5% are water vapor and clouds. Only 0.037 % consists of CO2 in Green House Gas, of which the human portion is incredibly small. : 

Earth’ s Climate is always changing with respect to solar activity. There is no SIGNIFICANT CHANGE in the Earth’s temperature according to SATELLITE and GROUND STATION. Only 3% of the atmosphere consists of Green house gases, of which 96.5% are water vapor and clouds. Only 0.037 % consists of CO 2 in Green House Gas, of which the human portion is incredibly small.

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How Developed nation trying to fox the people? By the stamp of international authority By the Media

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IPCC-under the control of U.S.A IPCC reports are driven by politicians Scientist who all are disagreed were thrown out Government officials were brought into panel

USELESS CLIMATE CHANGE SUBMIT: 

USELESS CLIMATE CHANGE SUBMIT Their only agenda is to cut emission from developing countries It not even care about Adaptation to Climate Change It also not even care about ecosystem imbalance