Abstract

The whole world is on the terrifying cross-roads of global environmental threat. Last several years, particularly the last two years dominated the headlines about the serious threat climate change posed to the world. The more frequent severe weather conditions which result from climate change or global warming in the form of storms, tornadoes, tsunamis, floods, droughts, rising sea level and such other catastrophes have raised the economic cost of the natural disasters. The result, it appears, is beyond our control and, perhaps, there is no immediate answer to it

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