Some consider raising fuel prices as the most effective method to resolve global environmental issues. In my opinion, I firmly disagree with this argument as it has the potential to disrupt world recession and global peace severely.
To begin with, transportation, industrial production, and even energy generation sectors, run their operations on oil. If the oil prices are increasing, it raises the prices of the products and services of these sectors as well. As a result, this affects the general public’s ability to afford basic products and services which is known as inflation. This does not only affects the households, but also slows down the overall growth of the recession. For instance, in developing countries, it is often observed that whenever the petrol price jumps up, the economic growth jumps down.
Moreover, increasing the gas cost not just disturbs the economy, it can promote instability as well. When people are unable to afford the basic necessities, they get frustrated. This often leads to protest and sometimes these protests are converted into violent demonstrations, which not only results in the loss of public property, but also human lives. For example, in recent days, a protest against oil prices increase in Iran spread across the country which compelled the authorities to contain it by force and restricting mobile and internet services in the affected areas.
In conclusion, I think that without any alternative options for material, increasing the electricity prices is not the solution to the global environmental issues, but a trigger to affect the world economy and global peace and stability.
Some
consider raising fuel
prices
as the most effective method to resolve
global
environmental issues. In my opinion, I
firmly
disagree with this argument as it has the potential to disrupt world recession and
global
peace
severely
.
To
begin
with, transportation, industrial production, and even energy generation sectors, run their operations on oil. If the oil
prices
are increasing, it raises the
prices
of the products and services of these sectors
as well
.
As a result
, this affects the
general public
’s ability to afford basic products and services which
is known
as inflation. This does not
only
affects
the households,
but
also
slows down the
overall
growth of the recession.
For instance
, in
developing countries
, it is
often
observed that whenever the petrol
price
jumps up, the economic growth jumps down.
Moreover
, increasing the gas cost not
just
disturbs the economy, it can promote instability
as well
. When
people
are unable to afford the
basic necessities
, they
get
frustrated. This
often
leads to protest and
sometimes
these protests
are converted
into violent demonstrations, which not
only
results in the loss of public property,
but
also
human
lives
.
For example
, in recent days, a protest against oil
prices
increase in Iran spread across the country which compelled the authorities to contain it by force and restricting mobile and internet services in the
affected
areas.
In conclusion
, I
think
that without any alternative options for material, increasing the electricity
prices
is not the solution to the
global
environmental issues,
but
a trigger to affect the world economy and
global
peace and stability.