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As the primary contributors to carbon emissions and other factors which contribute to climate change, Western nations should bear the financial burdens associated with mitigating its effects -ASIF GANI (2018)

Introduction In this essay, I have tried to establish a hypothesis that the Western nations should bear the majority of financial burdens in pertinent to the mitigating of the effects of climate change since these nations are more considered to be the major contributors towards carbon emission and other factors leading to climate change. By Western nations, we are referring only to those countries which are economically developed, such as Western Europe, North America and Oceania (Australia and New Zealand only), whose per capita income, consumption and gross domestic products (GDPs) are greater than that of Asia, Africa, and Latin America. We have highlighted the economic implications of climate change on different geographies. Economic implications for climate changes Climate change is an inevitable process, but over the past century, the pace of change has increased at an alarming rate due to the growing use of fossil fuels in more advanced and industrialised countries (Ca...

A Brief Insight on the Impact of the Modernisation of Railway Technologies (2014)

Technologies have pervaded in almost every sphere of our lives, in other words, we live in a technology-driven society. In this article, we are going to talk about the impact of different formations of railway technologies. The invention of the steam engine marked the beginning of a new era in the history of world railways. That was more than three hundred years ago; however, in the present era, the railway technologies have gone through a wide-scale modernisation. Such transformations of the railway technologies have taken place only in the last hundred years or so. To be more precise, such technological developments have actually got highly intensified only in the last one decade in some of the modern economies. The uses of the latest technologies are very much prevalent in the developed and some of the developing countries of the world. In any country, railway transport plays a very crucial role in the progress of the economy, where both public and private bodies have been tryin...

A Brief Comparative Insight on the Developments of International and Chinese Railway Equipment Manufacturing Industries (2014)

The railway equipment manufacturing industry in China mainly consists of the Electric Multiple Units, railway freight cars, and locomotives as per with the China’s railway planning. The great railway carriers and bullet trains are the key focus areas of the expansion policies of China’s railway equipment manufacturing industry. The hiatus of locomotive manufacturing industry between China and advanced nations is rather huge, particularly in the high-power electrical locomotive and Electric Multiple Units. Following a technology acquisition, China has procured the high-power electrical trains, diesel trains and 200 km per hour Electric Multiple Units. Currently, the concentration proportions of the components of an electric train and Electric Multiple Units have touched 70% and 75% respectively on the basis of assimilating foreign innovative technologies. On the other side, the international railway equipment manufacturing industry is having an extra controlling edge like situation. ...