Question

You are tasked with producing an Economic Impact Assessment of Australia’s Agriculture, Forestry and Fishing Support Services industry. In addition, you need to assess in general terms how climate change impacts in developing countries, e.g. China can impact Australia’s Agriculture, Forestry and Fishing Support Services industry in the long run.

f) Discuss how climate change can impact Australia’s exports in general. Outline three things you can do to reduce the impact of climate change in Australia.

Minimum 150 words

Answer 1

[ Please note that the answer given below is just a framework and you can add or remove points accordingly ]

f) Impact of climate change in Australia's exports are as follows -

• the composition of its export will drastically change. For example, if fishing was the main source of trading, it will drastically decrease owing to the fact that the lakes and other water bodies will be highly polluted and the number of fish will fall.
• the export of non durable goods such as food items (say, meat) , beverages, etc will also decline owing to the low yeilds in selected regions of the nation.
• argriculture will be highly effected as a result of which the export of agricultural items (such as wheat) will also see a sharp decline
• climate changes will also affect the health of workers which will in turn reduce its effieciency and thus production capacity

Three things you can do to reduce the impact of climate change in Australia -

• in order to retain the level of nutrients in the soil, organic ways of agriculture can be mandated. With this, the irrigation ways can also be improved so that less fresh water is wasted but also the job gets done.
• in order to reduce the emissiom of carbon dioxide, governmnet can induce carbon tax to abate the high level of carbon emission. Such abatement policies will reduce the carbon levels upto some extend. Many countries have already taken steps to control carbon emission
• encourage to use more sustainable sources of energy, such as renewable energy ( like, wind, solar, etc). It will accelerate efficiency through sustainable development.