According to me it can be both BOON and small scale BANE.
Explaination -The internal combustion engine has become an integral part of the lives of every person on earth. They are the devices which are mainly use to Generate electricity mainly in remote control areas and to travel all around the world in an matter of hours. IC engine also plays an important role in Railway, marine, power plant, industries etc. All these engines work on burning a fuels and generate a energy to produce a useful work. It's these heat engine that have really change the world. We can't imagine a life in a current situation without a transportation system or other systems which directly uses the IC engines. this is the Boon of an IC engines. Now, the Bane is in small scale of IC engine, but it is bad for pollution. Almost at all the places where we use IC engine, we uses the filter to reduce the level of pollution made by burning of fuels. Overall It causes the environmental damage, It is only now we are beginning to realise the full extent of this damage. But when we talk about our present and future, then I think IC engine is Bane For us.