- Author
- Giedraitis Vincentas Rolandas (Vilnius University, Lithuania), Girdenas Sarunas (Vilnius University, Lithuania), Rovas Adomas (Vilnius University, Lithuania)
- Title
- Feeling the heat: Financial crises and their impact on global climate change
- Source
- Perspectives of Innovations, Economics and Business, 2010, vol. 4, nr 1, s. 7-10, rys., tab., bibliogr. 16 poz.
- Keyword
- Kryzys finansowy, Zmiany klimatyczne, Recesja gospodarcza
Financial crisis, Climate change, Economic recession - Abstract
- This interdisciplinary paper uses world-systems analysis as a theoretical framework to argue that both the 1870s, 1930's economic depressions reduced mean global temperatures. As global consumer demand fell, factories worldwide began producing less commodities and, as a result, emitted less greenhouse gasses. We find that in both instances there is evidence to support the hypothesis that financial crises lead to cooler temperatures.(original abstract)
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- Bibliography
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- Cited by
- ISSN
- 1804-0519
- Language
- eng
- URI / DOI
- http://dx.doi.org/10.15208/pieb.2010.1
