Globalization- Energy FactsWorld Template: presentationmagazine.com

What is Globalization?  Globalization is the process of international unification arising from the interchange of world views, products, ideas and other aspects of culture.  Globalization is the unification of the world's economy.  Globalization refers to the trend toward countries joining together economically, through education, society and politics

Vocabulary  Globalization- worldwide integration and development  Renewable energy- a form of energy that uses renewable sources, that is, sources that can be replenished over time and the Earth will never run out of it  Fossil fuels- a natural fuel formed in the geological past from the remains of living organisms  Greenhouse gas- a gas that contributes to the greenhouse effect by absorbing infrared radiation  World Trade Organization (WTO)- an intergovernmental organization which regulates international trade  Energy Security- the association between national security and the availability of natural resources for energy consumption

Energy in Globalization

What is Energy?  Energy is power derived from the utilization of physical or chemical resources.  Two types of energy we use come from renewable and non-renewable sources.  Popular sources include oil, gas, nuclear, wind, sun and water.

What is Energy? (continued)  The modern world is built and driven on the abundance of affordable energy stored in our planet.  Major inputs into this sector include major fossil fuels and renewable energy sources.  Globalization has led to an increase in energy use worldwide, especially in China and India

Energy in Globalization  Globalization has led to an increase in energy use worldwide  Many countries use fossil fuels such as coal and oil  Oil is the most imported good in the world.  Not all countries use only fossil fuels, they also use other alternatives.  Globalization has a big impact on technology, food, and the energy we use to power our homes.

Energy Industries  We are facing an energy crisis today, in both production and consumption.  Exploiting the world’s energy reserves of fossil fuels, especially the ones of oil and natural gas, comes with great risks of outstripping supplies, destroying habitats, and disrupting societies.  Energy sources are under the control of both private and public sectors around the world.  The importance of energy to the world economy and oil production to several economies makes the government want to play an active role in these industries  Energy use is growing by time worldwide

Energy Industries (continued)  Countries have now begun to think of energy security in the same way as they think of food and their defense industries.  Access to cheap energy has become essential to the functioning of modern economies  The uneven distribution of energy supplies has led to significant vulnerabilities  Not only is renewable energy good for the environment, rapid deployment of these energy sources would also results in significant energy security and economic benefits

Energy Security  Energy security is a problem worldwide due to the lack of resources found for a growing population.  Energy plays an important role in food production- growing food, packaging, running farm equipment, etc.  There are many threats to energy production- these can be something like natural disasters  Foreign oil supplies are vulnerable to unnatural disruptions from in-state conflict, exporter’s interest, etc.

2007 Russia-Belarus Energy Dispute  Began when Russian state-owned gas supplier Gazprom demanded an increase in gas prices paid by Belarus  The peak point of this dispute was on January , when Russian state-owned pipeline company Transneft stopped pumping oil into the Druzhba pipeline.  The main reason why they stopped Belarus was siphoning oil from the pipeline without mutual agreement  2 days later Transneft resumed oil exports through the pipeline after Belarus ended the tariffs that began the shutdown.

Crude Oil Consumption US crude oil production. based on EIA (US Energy Information Administration) data data estimated based on partial year data.

Energy in Developing Countries  In developing countries with big populations, like China and India, these is a big demand for energy.  Over the past years, China’s and India’s demand for energy has increased significantly.  From these advances come energy consuming tools, such as cars, ovens, etc.  Worldwide energy use is one of the main contributors of global warming.

Energy Consumption Graphs Globalization uses up fossil fuels more quickly. China joined the world trade organization in December There is also an increase in world coal consumption. As the years go by, countries use of coal is growing.

Carbon Dioxide Emission Rate Globalization of energy increases world dioxide emissions.

Sources  Bella, Laura. How Globalization Works. New York: Rosen Pub., Print.  Newell, E. (2014). Energy (p. 48). Gareth Stevens Publishing.  Sernau, Scott. Contemporary Readings in Globalization. Thousand Oaks: Pine Forge, Print.  Gopinath, C. Globalization: A Multidimensional System. Los Angeles: Sage Publications, Print.  "Energy Vocabulary Word List - EnchantedLearning.com." Energy Vocabulary Word List - EnchantedLearning.com. Web. 9 Oct  "Energy Security." Wikipedia. Wikimedia Foundation. Web. 9 Oct  Tverberg, Gail. "12 Reasons Why Globalization Is a Huge Problem." RSS. Web. 9 Oct  "2007 Russia–Belarus Energy Dispute." Wikipedia. Wikimedia Foundation. Web. 9 Oct  Caldioli, Giovanni. "Political and Economic Analyses." Pecob: News about Central Eastern Europe and the Balkan Countries. Web. 9 Oct