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Some of the more radical proposals to address and mitigate climate change involve geoengineering, which involves deliberately modifying Earth's climate. Evaluate how the actions listed would affect the global climate and global biogeochemical cycles by answering the questions that follow.
Option 1: Plant more trees.
Option 2: Build one or more giant reflective mirrors and send them into Earth's orbit.
Option 3: Fertilize ocean water with iron.
Option 4: Spray sulfuric acid as aerosol into the stratosphere.
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Based only on its effect on the carbon cycle, how would you expect option 1 to impact the global climate? How long would it take for the effects to be seen? How long would you expect these effects to last? What potential problems are there with this option?
Net Capital Outflow
The difference between the purchase of foreign assets by domestic residents and the purchase of domestic assets by foreigners over a specific time period, indicating the flow of capital out of a country.
Mexican Assets
Financial investments or physical properties located in Mexico, including stocks, bonds, real estate, and other forms of assets.
Pesos
The official currency of Mexico and several other Latin American countries.
Purchasing Power Parity
An economic theory that compares different countries' currencies through a "basket of goods" approach to estimate the exchange rate at which two currencies will be at parity, or have the same purchasing power.
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