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Globalization

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Globalization is the process of the world becoming more connected. Like any process that involves economic choices, it has positive and negative consequences. China is one of the world's fastest-gro ... wing economies, and it has experienced many consequences as the result of globalization. One severe consequence has been a sharp increase in air pollution. In an informative essay, describe the effects of globalization on air pollution in China's largest cities. Use outside research to gather anecdotes and data to help you demonstrate your findings. Globalization is the process where the economics of various countries in the world become more and more connected to one another. In a globalized economy, people from one country can buy goods quite easily from other countries. Nowadays though, it has a positive and negative consequences to it. China, for example, is affected by coal, oil, and natural gas. China has a very widespread of environmental problems, one of them being coal. On a average, China consumes nearly “four time as much as coal ad the US.” In numbers, the US consumes 20 fossil fuels while China consumes 76. This increases carbon dioxide emissions and if the world burn its coal more quickly, and does not cut back on other fossil fuels use, carbon dioxide emissions increase. Globalization also acts to increase world oil prices. The world has undergone two sets of oil price spikes. The first one in the 1973-1983 period, occurred after US oil supply began to decline in 1970. After that, it was impossible to bring oil prices back to the $30 to $40 barrel range, compared to the $20 barrel price available prior to 1970. This was done mainly by ramping oil production in the china and partly by reducing consumptions. The reduction in consumption was accomplished by cutting back oil use for electricity and by encouraging the use of more fuel – efficient cars. Part of our problem now is that with globalization, world oil demand is rising very rapidly. Chinese buyers purchased more cares in 2012 than the European buyers. Rapidly rising world demand, together with oil supply, which is barely rising, pushes world prices upward. [Show More]

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