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This article focuses on the upcoming challenges and goals of the United Nations climate talks in Doha, Qatar. The talks aim to discuss how to remedy global warming that could lead to a planet up to 6 degrees warmer in the future. To do this, carbon emissions must decrease by about 5% each year. Topics at the talks may include current issues of greenhouse gas pollution and deforestation, especially with improvements of the carbon market. Businesses may soon face strong encouragement to accept these proposals, as climate change begins to result in not only impact on society but also private costs of businesses. These externalities, previously external but becoming increasingly internal, may soon force large business leaders to reconsider their impact on the environment.

The Russian government is holding debates on whether to allow private oil companies to begin exploring for oil in the oil rich arctic shelf. Russia is holding these debates because it does not have the resources to properly explore and drill at the rate that it wants to. Donsky warms that only in 2030 will Russia see any profit if they continue at the same tempo.