Accessing non-renewable resources

Assignment Help Financial Management
Reference no: EM132518004

Accessing Non-Renewable Resources

Countries that claim the most access to the planet's resources continue to grow in population and economy at an increasing pace. This growth reduces the amount of non-renewable energy resources on the planet. However, contrary to popular belief, the earth has so much of these non-renewable fuels that it the planet is not going to run out for quite a long time.

Consider, however, the recent push for increasing our use of renewable and clean energy sources such as solar and wind. While these energy sources sound great on paper, they are massively expensive to setup and operate, and they are also very inefficient. In same cases, like the electric car or ethanol fuel, they are actually more damaging to the environment than fossil fuels.

There is a lot of hidden activities going on in the world of natural resources where countries try to keep prices high by playing with environmental laws in other countries or by causing political instability in areas of the world where these resources are produced.

Oil is very abundant in the earth, and quite a few countries have access to it that are not located in the Middle East. However, it is illegal in many countries including the United States to drill for this oil on land where many of these massive oil fields are located. Instead, environmental laws force companies to drill off shore in the water, where it is more expensive and much more dangerous for the environment. What motivations would environmental groups have for making environmental laws that seem to hurt the environment? Which countries have the most to gain from oil prices? Which countries are the largest donor to the environmental movements?

Reference no: EM132518004

Questions Cloud

BUS 306 Quantitative Business Analysis Assignment : BUS 306 Quantitative Business Analysis Assignment Help and Solution, Emirates College of Technology - Assessment Writing Service
Is reason for corporation to maintain accounting records : Baker Construction is a small corporation owned, Under these circumstances, is there any reason for this corporation to maintain accounting records?
Prove mathematically that marginal tax rate : Prove MATHEMATICALLY that Marginal Tax Rate is higher/bigger than Average Tax Rate in progressive tax scheme.
International stage and the impact of a downgrade : Through a statement explain Moody's credit ratings system,its importance on the international stage and the impact of a downgrade on the bond's yields
Accessing non-renewable resources : Countries that claim the most access to the planet's resources continue to grow in population and economy at an increasing pace.
What is the quantity traded in the market : Q =10 - 2P and supply function: Q = 5 - 3P. Given the market price 4 what is the quantity traded in the market?
How the processes that foodco employed could be implemented : As explained in the case study in Chapter 21 (Biron, 2018), Foodco was able to link a new product launch design with a reward system. Since almost the beginning
Effective mobile app help company to communicate : How does an effective mobile app help a company to communicate with, sell or serve customers more effective?
What particular item of financial or operating data appears : What particular item of financial or operating data appears on both the income statement and the statement of owner's equity? What item appears

Reviews

Write a Review

Financial Management Questions & Answers

  What would be the nominal and effective cost of such credit

What would be the nominal and effective cost of such a credit? what would be the effective cost of the bank loan?

  During subscription period-what will market value of right

You work in the Finance Department for Flynn, Inc. Your firm needs to raise $8,250,000,000 ($8.25B) to finance new capital investments. Your boss is considering raising this capital using a rights offering. He has asked you to analyze the effect of s..

  What will be the value of the account at the end

Please provide the steps to solving this problem using a financial calculator: You just opened a brokerage account, depositing $3,500. You expect the account to earn an interest rate of 9.652%. You also plan on depositing $4,500 at the end of years 5..

  What is the value of option to abandon

What is the value of the option to abandon?

  In which the role of ethics in managerial accounting differs

Suggest one key way in which the role of ethics in managerial accounting differs from the role of ethics in financial accounting.

  Explain the basic purpose of the statistics in each category

Statistical techniques are classified into two major categories: descriptive and inferential. Explain the basic purpose of the statistics in each category.

  Actions increase the stock price

Will the following actions increase the stock price (at least in the short run)? Managing earnings to meet (or beat) expectations? Bribing or otherwise inducing analysts to set the bar low? Do the following actions create value? Lying to investors ab..

  What is the net profitability in dollar of insurance company

Loss adjustment expenses amounted to 7.1 percent and dividends paid to policyholders totaled 1.7 percent.

  What is profitability index given assigned discount rate

What is the profitability index given an assigned discount rate of 15 percent?

  What are different levels of market efficiency

What does it mean for a market to be efficient? What are different levels of market efficiency? Explain.

  Expected rate of return on this stock

You recently purchased a stock that is expected to earn 24 percent in a booming economy, 13 percent in a normal economy, and lose 2 percent in a recessionary economy. There is a 24 percent probability of a boom, a 61 percent chance of a normal econom..

  Considering creating marketing and retail divisons

Newtown Propane currently has only a wholesale divison and uses only equity capital; however, it is considering creating marketing and retail divisons. Its beta is currently 1.5. The marketing division is expected to have a beta of 1.8, because it wi..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd