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A theory proposed by Harold Hotelling states that owners of nonrenewable resources will only produce that resource if it wills the yield will have more value than other financial instruments available in the market, such as interest bearing securities and bonds. This assumes such owners are only motivated by profit and that markets are efficient. The theory is used by economists to predict the price of nonrenewable resources like oil, based on prevailing interest rates.
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Answer:
Climate change threatens coastal areas, which are already stressed by human activity, pollution, invasive species, and storms. Sea level rise could erode and inundate coastal ecosystems and eliminate wetlands. Warmer and more acidic oceans are likely to disrupt coastal and marine ecosystems.
The ozone layer protects us from the harmful emission of rays directly to the environment. Absent this added layer of protection we humans will be susceptible to various forms of cancer due to over radiation and eye problems such as cataracts. It is estimated that 10% of the world's population will face the consequences of ozone depletion this year and these numbers were continue to rise as time progresses.
