Origins of the 1973 world oil shock World competition over resources The Arab-Israeli conflict triggered an energy crisis in the making. Before the embargo‚ the industrialized West‚ especially the United States‚ had taken cheap and plentiful petroleum for granted. (Indeed‚ the form American cities took after World War II - with expansive suburbs full of detached‚ single-family homes - depended on the automobile as the principal means of transportation - a form that consumes oil en masse as fuel
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Federalism – A Legitimate Crisis Solution Jonas Hirschnitz Maastricht University‚ B.A. European Studies candidate For: Montesquieu Institute‚ Den Haag J.Hirschnitz@student.maastrichtuniversity.nl Final Version: 31.05.2012 1 Montesquieu Institute Den Haag – Masterclass Programme – Final Paper 31 Mai 2012 Introduction 1. What is the Euro-Crisis? – Finding the gist 2. Does an “Optimal Solution” Exist? 3. EU Initiatives and Shortcomings 4. A Fiscal Federalist Solution? a. Fiscal Federalism
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Renew the Energy Crisis: The Bright Future of Renewable Sources The growing energy crisis has drawn the whole world’s attention. Voices coming from various roles in society have offered speakers’ worries‚ warnings‚ and solutions. Among them‚ Richard Heinberg‚ a leading educator on peak oil‚ is regarded as the world’s most effective communicators of the urgent need to transition away from fossil fuels. In his book‚ The Party’s Over‚ Richard Heinberg emphasizes the emergent condition that energy resources
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An Analysis of the Financial Crisis of 2008: Causes and Solutions By Austin Murphy* ________________________________________________________________________ *by Austin Murphy‚ Professor of Finance‚ Oakland University‚ SBA‚ Rochester‚ MI 48309-4493 (248-370-2125; jamurphy@oakland.edu). Electronic copy available at: http://ssrn.com/abstract=1295344 Abstract This research evaluates the fundamental causes of the current financial crisis. Close financial analysis indicates that theoretical
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Good Governance is Key to Solving Pakistan’s Energy Crisis By Majyd Aziz In Pakistan’s energy scenario‚ the chickens have‚ literally‚ come home to roost. Years of indecisiveness coupled with the hackneyed assertions that Pakistan has more electricity than required has manifested into a situation where the nation’s foundations are now shaking. New words have entered the domestic lexicon and even the uninitiated are recognising and understanding the ramifications of these new or oft-used words
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Analysis and solution for the debt crisis of New Brunswick Facts and assumptions: 1. The debt of the Province is approximately $8.3 Billion dollars 2. There are projected deficits for the next several years which will add significantly to the debt. 3. The debt of NBPower is not included (approximately $4.5 Billion dollars) and increasing because of significant difficulties with the refurbishment of the Point Lepreau Nuclear station. 4. The civil service per capita in the province is one
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The Crisis in Syria: A Simple Solution to a Complex Situation A worldwide debate is in progress as countries weigh in on their intended involvement in a high stakes‚ limited missile strike on Syria. Some believe it is their responsibility to intervene after a large-scale chemical weapons attack recently occurred during the Syrian civil war. Others can admit that the event was terribly wrong and unjust‚ but it is simply not their responsibility‚ nor is it their best interest to get involved. With
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Exhibit 4: Segment Revenues GE is one of the largest and most diversified technology and financial services corporations in the world. It has a wide exposure to different sectors of economy ranging from energy infrastructure‚ aviation‚ healthcare‚ transportation‚ and home and business solutions to financial services. Based on the peer group information from MorningStar.com‚ GE has several competitors‚ such as Siemens AG‚ 3M Co‚ Honeywell International‚ Inc.‚ ABB‚ Ltd.‚ Danaher Corporation‚ and Emerson
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Business Ethics‚ Individual assignment (Crisis Management) Student ID: SCM-006035 Lecturer: Puan Zuraida Introduction As I had been attended the Business Ethics class‚ I learn something about crisis. On my own knowledge‚ crisis is some kind of unexpected event happens that we couldn’t predict at all. Crisis could bring us a lot of effects. For example we would experience depression or stress when we met a serious crisis. There are few types of crisis. Natural disaster‚ industrial accident‚
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Li‚ 1 2-16-13 Solar Energy: The Energy of the Future Our Earth’s resorvoir of resources seem to be limitless‚ but with the exponential growth of the human population; the need for efficient alternative energy sources is becoming urgent. Therefore‚ research companies and individuals are focusing on creating new energy systems. Fossil fuels are are depleting and becoming more difficult to obtain. The earth will face an energy crisis in the near future if humans are not careful with their consumption
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