When taken into perspective, these theories can help analyze current event articles and the diversity of globalization. BBC News recently reported that “Bank of England’s Carney warns of climate change risk”. It was stated that there was an increase in weather-related catastrophes which led to an increase in economic costs. Carney states that this financial hit did not affect this generation, and that this would only disregard that there will be future issues. This would just push the problems onto future generations, most likely with a larger impact. He stresses the significance of the role humans play in how climate change plays out. Carney said, “In other words, once climate change becomes a defining issue for financial stability,
