Ecological economics after Island Volcanic ashes

In The Time, Europe's biggest tour operator reported that Iceland's Eyjafjallajokull volcano has cost the firm $30 million. Each day did cost about 9 millions. Five days later the airfares are high. International airfares were pricey now they will be probably spicy, despite the Directorate General of Civil Aviation warning airlines against high fares. Globalization without airplanes is painful. For example Kenyan farmers have lost about $2 million a day on exported flowers for Europe. In contrast hotels, boats and buses benefit from this natural disaster. Worldwide airlines were facing a $2.8 billion in loss. Now they have to add 60,000 canceled flights.

On top of this, research scientists are telling us that global effects are unlikely. But at the same time, Icelandic Volcanoes can be unpredictable and dangerous. And if we use history has an indicator, Island’s volcanic activity in the 1783 caused major global climatic changes. It will be interesting to see what will happen.UCS climate scientist Brenda Ekwurzel said  that “Climate change isn’t just about the Earth’s thermostat. It’s about rapidly shifting our climate in ways we might not even be able to fully anticipate. The prudent thing to do is dramatically reduce our emissions to avoid finding out just how bad climate change could become."So let’s pray, then try to deal with the emission of released carbon dioxide, and find a way to balance our ecological economics. By the way Eyjafjallajokull means “the island's mountain glacier”

Please go to http://www.irinnews.org/report.aspx?ReportID=88931.
Another point of view:
Great article about " a No Fly day".
(JOHANNESBURG, 26 April 2010 (IRIN) - Iceland's Eyjafjallajökull volcano - unlike Mount Pinatubo in the Philippines in 1991, the 20th century's second largest eruption - will not contribute to climate change; on the contrary, by grounding flights over Europe for almost a week it helped save thousands of tonnes of greenhouse gas emissions....The SO2 is converted into sulphate aerosol - droplets of highly concentrated sulphuric acid - which has a "long lifetime and reflects solar radiation". Reduced solar radiation lowers temperatures and changes atmospheric circulation patterns, but the "Icelandic eruption emitted 5,000 times less SO2 than Pinatubo, so there will be no detectable climate effect", Stenchikov said.)