WorldWideScience

Sample records for generating carbon finance

  1. Generating carbon finance through avoided deforestation and its potential to create climatic, conservation and human development benefits.

    Science.gov (United States)

    Ebeling, Johannes; Yasué, Maï

    2008-05-27

    Recent proposals to compensate developing countries for reducing emissions from deforestation (RED) under forthcoming climate change mitigation regimes are receiving increasing attention. Here we demonstrate that if RED credits were traded on international carbon markets, even moderate decreases in deforestation rates could generate billions of Euros annually for tropical forest conservation. We also discuss the main challenges for a RED mechanism that delivers real climatic benefits. These include providing sufficient incentives while only rewarding deforestation reductions beyond business-as-usual scenarios, addressing risks arising from forest degradation and international leakage, and ensuring permanence of emission reductions. Governance may become a formidable challenge for RED because some countries with the highest RED potentials score poorly on governance indices. In addition to climate mitigation, RED funds could help achieve substantial co-benefits for biodiversity conservation and human development. However, this will probably require targeted additional support because the highest biodiversity threats and human development needs may exist in countries that have limited income potentials from RED. In conclusion, how successfully a market-based RED mechanism can contribute to climate change mitigation, conservation and development will strongly depend on accompanying measures and carefully designed incentive structures involving governments, business, as well as the conservation and development communities.

  2. Carbon finance options in renewable energy

    Energy Technology Data Exchange (ETDEWEB)

    Nahar, P. [Evolution Markets India Private Ltd., New Delhi (India)

    2010-07-01

    The Kyoto Protocol splits the world into two categories, notably Annex 1 with binding targets; and non-Annex 1 without any binding targets. This presentation discussed the Kyoto Protocol, with particular reference to the flexibility mechanisms which allow countries to achieve their emission targets in a cost effective way through emission trading, joint implementation, or clean development mechanisms (CDM). The CDM was outlined in detail in terms of how it works. The CDM key concepts include baseline use, additionality, and monitoring. Reasons for risk and CDM renewable energy projects were also outlined. Other topics that were presented included the impact of carbon finance; United States federal climate policy; European Union policy; EVO structured carbon; portfolio management; and EVO structured carbon. tabs., figs.

  3. Environmental Capital, Negative Externality and Carbon Finance Innovation%Environmental Capital, Negative Externality and Carbon Finance Innovation

    Institute of Scientific and Technical Information of China (English)

    Tang Yuejun; Li Defu

    2011-01-01

    In the context of global climate change, the internalization of negative externality, which is brought about by the traditional mode of economic growth, has become an inevitable choice. In order to achieve the internalization, it is necessary to make innovations on the market mechanism and system, find the value of environmental capital, establish a new mode of economic growth based on environmental capital, and then transform the environ- mental capital, an exogenous factor of economic growth, into an endogenous factor. Of this, the key of market mechanism and sys- tem innovation is the financial innovation that is based on environmental capital and negative externality; the government defines the initial property right of environmental resources and establishes environment energy trading market, so as to guide enterprises to trade environmental resources (represented by carbon emission permit trading) based on the Clean Development Mechanism, and to vigorously develop environmental finance and carbon finance.

  4. Finance

    OpenAIRE

    2013-01-01

    Voici la 17e édition du Rapport moral sur l’argent dans le monde, publié chaque année depuis 1994 par l’Association d’économie financière avec le soutien de la Caisse des Dépôts. Abordant une nouvelle fois les grands débats qui traversent actuellement le monde de la finance, il se consacre dans un premier temps à la lutte contre la criminalité et les délits financiers, et plus particulièrement à la lutte contre la corruption, la délinquance dans la finance et la fraude fiscale. Dans un second...

  5. Finance

    OpenAIRE

    2011-01-01

    Ces deux ouvrages tirent les enseignements de l’impact de la crise de la finance mondiale sur l’économie réelle et se focalisent, dans ce contexte, sur le financement du Mittelstand. Le banquier JASCHINSKI, lorsqu’il passe en revue le système bancaire allemand, constate ainsi que si les moyennes entreprises trouvent les crédits nécessaires auprès de leurs solides partenaires de toujours que sont les Sparkassen, les grandes sociétés, internationales, que compte le Mittelstand n’ont pas de part...

  6. Research on the Development of Green Finance in Shenzhen to Boost the Carbon Trading Market

    Science.gov (United States)

    Zhou, Jiping; Xiong, Siqin; Zhou, Yucheng; Zou, Zijian; Ma, Xiaoming

    2017-08-01

    This paper analyses the current development situations of Shenzhen carbon trading market and China’s green finance, and makes the policy recommendations for promoting the carbon trading market by developing green finance in Shenzhen. Shenzhen should take the lead in driving the localized application of green principle, and formulate Shenzhen green bond guidelines ASAP, to promote carbon trading associated enterprises to finance by using green bonds; it shall work to lower the threshold for financial institutions to participate in carbon trading market, and explore development of carbon derivatives.

  7. Finance

    OpenAIRE

    Spremann, Klaus

    2007-01-01

    Bisher veröffentlicht unter dem Titel: "Modern Finance" Das Buch beinhaltet ebenso einige Portraits: Die didaktische Erfahrung lehrt, dass man sich wissenschaftliche Ergebnisse und Ansätze besser merken kann, wenn eine Assoziation zu jener Person bildlich konkret wird, der wir den betreffenden Denkansatz verdanken. Aus Fragen der Finanzierung und der Investitionsentscheidungen von Unternehmen ist in der Verschmelzung mit der Analyse von Kapitalmärkten ein grosses Gebiet entstanden, da...

  8. Finance

    OpenAIRE

    2013-01-01

    Régulièrement au cœur de l'actualité, les trois agences de notation (Standard & Poor's, Moody's et Fitch) règnent sur le monde de la finance internationale. Mais quelles sont-elles et à qui appartiennent-elles véritablement ? Détenues par de puissants fonds d'investissements, elles ont progressivement renforcé leurs rôles et pouvoirs. L'auteur interpelle le citoyen sur un système dans lequel les fonds d'investissements profitent des agences de notation (et de leur rôle de « gardien des marché...

  9. Finance

    OpenAIRE

    2008-01-01

    Les investisseurs financiers et a fortiori les hedge fonds sont accusés de tous les maux. Ces « sauterelles » tomberaient sur les entreprises allemandes pour s’enrichir en les dépeçant. Un journaliste économique du quotidien des affaires Frankfurter Allgemeine Zeitung publie là un portrait objectif et factuel de ces « nouvelles stars » de la finance mondiale. Un portrait de branche, doublé d’une analyse de l’impact sur le « capitalisme rhénan » de la montée en puissance de ces nouveaux acteur...

  10. Institute a modest carbon tax to reduce carbon emissions, finance clean energy technology development, cut taxes, and reduce the deficit

    Energy Technology Data Exchange (ETDEWEB)

    Muro, Mark; Rothwell, Jonathan

    2012-11-15

    The nation should institute a modest carbon tax in order to help clean up the economy and stabilize the nation’s finances. Specifically, Congress and the president should implement a $20 per ton, steadily increasing carbon excise fee that would discourage carbon dioxide emissions while shifting taxation onto pollution, financing energy efficiency (EE) and clean technology development, and providing opportunities to cut taxes or reduce the deficit. The net effect of these policies would be to curb harmful carbon emissions, improve the nation’s balance sheet, and stimulate job-creation and economic renewal.

  11. The Status Quo and Developing Trend Analysis of Global Carbon Finance

    Institute of Scientific and Technical Information of China (English)

    Liu Qian; Wang Yao

    2011-01-01

    This paper gives a systematic view of the new trends of global carbon finance innovation under the challenge of global climate change and in the process of transition to achieve economic growth from "high carbon" to 'low carbon', covering the following aspects: the structure, status quo and developing trend of global carbon market. The paper discusses the innovation in financial organization and service systems and governments' overall guidance and policy support, and draws the conclusion that the world is undergoing massive changes with governments actively responding to carbon finance to embrace the tremendous opportunities for clean energy and climate change in financial industry. To seize the opportunity, a complete and overall carbon finance system of China should be put in the top of the agenda. Given the current tasks of energy conservation and pollution reduction and the growing demand for capital input, China needs to construct an clear of policy guidance, a diversified financia service system, and a multi-approach carbon finance system to intensify and widen the participation of financial industry, to expand financing channels for sustainable economy and spread risks, and finally, work out an inexpensive solution to the realization of China's low carbon target.

  12. Carbon Finance in the World and in Brazil: A Study on Financing, Investment Funds and Indices of Environmental Sustainability To Promote A Low Carbon Economy

    Directory of Open Access Journals (Sweden)

    André Luis Souza

    2013-12-01

    Full Text Available The objective of this research was to study and discuss the main actors and public and private carbon finance initiatives towards a low carbon economy in the world and in Brazil. It was held an exploratory study of bibliographic and documentary nature, with a qualitative approach and descriptive, made through research in journals, official documents, reports and national and international books. Research has indicated that climate finance have contributed to creating business opportunities and markets instruments towards a low carbon economy in the world and in Brazil, especially creating sustainability indices in the financial market, emerging investment funds referenced as result. On the other hand, on initiatives targeting funding actions to transition to a low carbon economy, Brazil is still incipient, particularly for the development of projects to reduce GHG emissions. The main institutions are Caixa Economica Federal (CEF, National Bank for Economic and Social Development (NBESD, Financier of Studies and Research (FSR and Foundation for Support of scientific and Technological Research of the State of Santa Catarina (FSTRSC.

  13. Using Carbon Pricing Revenues to Finance Infrastructure Access

    OpenAIRE

    2015-01-01

    Introducing a price on greenhouse gas emissions would not only contribute to reducing the risk of dangerous anthropogenic climate change, but would also generate substantial public revenues. Some of these revenues could be used to cover investment needs for infrastructure providing access to water, sanitation, electricity, telecommunications and transport. In this way, emission pricing could promote sustainable socio-economic development by safeguarding the stability of natural systems which ...

  14. Carbon abatement potential of solar home systems in India and their cost reduction due to carbon finance

    Energy Technology Data Exchange (ETDEWEB)

    Chaurey, A. [TERI, Darbari Seth Block, Habitat Place, Lodhi Road, New Delhi 110003 (India); Kandpal, T.C. [Centre for Energy Studies, Indian Institute of Technology, Hauz Khas, New Delhi 110016 (India)

    2009-01-15

    About 78 million rural households in India reportedly lack access to grid electricity. About 67 million of them use kerosene for lighting. Government of India is promoting the use of solar home systems (SHS) as one of the options for meeting lighting requirements in households in remote and less inhabited villages. About 363,399 SHS were reportedly disseminated across the country by December 2007. Apart from meeting the basic lighting need of the households, SHS also help in abating the emissions of green house gases (GHGs) by directly displacing the use of kerosene in households that currently use it for lighting. This study has attempted at estimating the CO{sub 2} mitigation potential of SHS in India by studying the potential for their diffusion and the appropriate baseline. Subsequently, the scope for cost reduction to the user due to carbon finance, if received, is also studied. It is found that carbon finance could reduce the effective burden of SHS to the user by 19% if carbon prices were $10/tCO{sub 2} and no transaction costs were involved in getting the carbon revenues. These benefits are also estimated for scenarios where transaction costs are incurred by the project proponent in getting the carbon benefits. (author)

  15. Wind power projects in the CDM: Methodologies and tools for baselines, carbon financing and substainability analysis

    DEFF Research Database (Denmark)

    Ringius, L.; Grohnheit, Poul Erik; Nielsen, Lars Henrik

    2002-01-01

    The report is intended to be a guidance document for project developers, investors, lenders, and CDM host countries involved in wind power projects in the CDM. The report explores in particular those issues that are important in CDM project assessment anddevelopment - that is, baseline development......, carbon financing, and environmental sustainability. It does not deal in detail with those issues that are routinely covered in a standard wind power project assessment. The report tests, compares, andrecommends methodologies for and approaches to baseline development. To present the application...

  16. Reports from Ministry of Finance: China Nay Begin to Collect Carbon Tax in the Next Five Years

    Institute of Scientific and Technical Information of China (English)

    2010-01-01

    The investigation team of Research Institute for Fiscal Science, Ministry of Finance, just published a report on the "Study on the Issue of Beginning to Levy Carbon Tax in China." The report said that the beginning of the collection of carbon tax could be considered in the next five years.

  17. Stakeholder views on financing carbon capture and storage demonstration projects in China.

    Science.gov (United States)

    Reiner, David; Liang, Xi

    2012-01-17

    Chinese stakeholders (131) from 68 key institutions in 27 provinces were consulted in spring 2009 in an online survey of their perceptions of the barriers and opportunities in financing large-scale carbon dioxide capture and storage (CCS) demonstration projects in China. The online survey was supplemented by 31 follow-up face-to-face interviews. The National Development and Reform Commission (NDRC) was widely perceived as the most important institution in authorizing the first commercial-scale CCS demonstration project and authorization was viewed as more similar to that for a power project than a chemicals project. There were disagreements, however, on the appropriate size for a demonstration plant, the type of capture, and the type of storage. Most stakeholders believed that the international image of the Chinese Government could benefit from demonstrating commercial CCS and that such a project could also create advantages for Chinese companies investing in CCS technologies. In more detailed interviews with 16 financial officials, we found striking disagreements over the perceived risks of demonstrating CCS. The rate of return seen as appropriate for financing demonstration projects was split between stakeholders from development banks (who supported a rate of 5-8%) and those from commercial banks (12-20%). The divergence on rate alone could result in as much as a 40% difference in the cost of CO(2) abatement and 56% higher levelized cost of electricity based on a hypothetical case study of a typical 600-MW new build ultrasupercritical pulverized coal-fired (USCPC) power plant. To finance the extra operational costs, there were sharp divisions over which institutions should bear the brunt of financing although, overall, more than half of the support was expected to come from foreign and Chinese governments.

  18. The evolving role of carbon finance in promoting renewable energy development in China

    Energy Technology Data Exchange (ETDEWEB)

    Lewis, Joanna I. [Georgetown University, Edmund A. Walsh School of Foreign Service, ICC 305-Q, 37th and O Street NW, Washington, DC 20057 (United States)

    2010-06-15

    The world is negotiating what the international climate change regime will look like after 2012 - the year that current Kyoto Protocol greenhouse gas emissions reduction targets expire - and the future of the Clean Development Mechanism (CDM) is under discussion. Critics claim the scale of reductions that the CDM is driving in the developing world is insufficient from a scientific perspective if we are to avoid dangerous climate change, that the project-by-project crediting process is inefficient, and that the reductions being achieved are not 'additional - meaning they would have happened anyway and thus should not be financially supported. Yet, the efficacy of CDM must be examined in the broader context of carbon mitigation in the developing world and the actions that are taking place. This paper examines the role that the CDM has played in promoting renewable energy development in China in order to assess how international carbon finance can best be used to help promote emissions mitigation in the developing world. It also assesses how several options under consideration for reforming the current structure of the CDM in particular and developing country engagement in general may impact renewable energy development in China in the coming years. (author)

  19. CO2 and H2O: Understanding Different Stakeholder Perspectives on the Use of Carbon Credits to Finance Household Water Treatment Projects.

    Directory of Open Access Journals (Sweden)

    Sarah K Summers

    Full Text Available Carbon credits are an increasingly prevalent market-based mechanism used to subsidize household water treatment technologies (HWT. This involves generating credits through the reduction of carbon emissions from boiling water by providing a technology that reduces greenhouse gas emissions linked to climate change. Proponents claim this process delivers health and environmental benefits by providing clean drinking water and reducing greenhouse gases. Selling carbon credits associated with HWT projects requires rigorous monitoring to ensure households are using the HWT and achieving the desired benefits of the device. Critics have suggested that the technologies provide neither the benefits of clean water nor reduced emissions. This study explores the perspectives of carbon credit and water, sanitation and hygiene (WASH experts on HWT carbon credit projects.Thirteen semi-structured, in-depth interviews were conducted with key informants from the WASH and carbon credit development sectors. The interviews explored perceptions of the two groups with respect to the procedures applied in the Gold Standard methodology for trading Voluntary Emission Reduction (VER credits.Agreement among the WASH and carbon credit experts existed for the concept of suppressed demand and parameters in the baseline water boiling test. Key differences, however, existed. WASH experts' responses highlighted a focus on objectively verifiable data for monitoring carbon projects while carbon credit experts called for contextualizing observed data with the need for flexibility and balancing financial viability with quality assurance.Carbon credit projects have the potential to become an important financing mechanism for clean energy in low- and middle-income countries. Based on this research we recommend that more effort be placed on building consensus on the underlying assumptions for obtaining carbon credits from HWT projects, as well as the approved methods for monitoring

  20. CO2 and H2O: Understanding Different Stakeholder Perspectives on the Use of Carbon Credits to Finance Household Water Treatment Projects.

    Science.gov (United States)

    Summers, Sarah K; Rainey, Rochelle; Kaur, Maneet; Graham, Jay P

    2015-01-01

    Carbon credits are an increasingly prevalent market-based mechanism used to subsidize household water treatment technologies (HWT). This involves generating credits through the reduction of carbon emissions from boiling water by providing a technology that reduces greenhouse gas emissions linked to climate change. Proponents claim this process delivers health and environmental benefits by providing clean drinking water and reducing greenhouse gases. Selling carbon credits associated with HWT projects requires rigorous monitoring to ensure households are using the HWT and achieving the desired benefits of the device. Critics have suggested that the technologies provide neither the benefits of clean water nor reduced emissions. This study explores the perspectives of carbon credit and water, sanitation and hygiene (WASH) experts on HWT carbon credit projects. Thirteen semi-structured, in-depth interviews were conducted with key informants from the WASH and carbon credit development sectors. The interviews explored perceptions of the two groups with respect to the procedures applied in the Gold Standard methodology for trading Voluntary Emission Reduction (VER) credits. Agreement among the WASH and carbon credit experts existed for the concept of suppressed demand and parameters in the baseline water boiling test. Key differences, however, existed. WASH experts' responses highlighted a focus on objectively verifiable data for monitoring carbon projects while carbon credit experts called for contextualizing observed data with the need for flexibility and balancing financial viability with quality assurance. Carbon credit projects have the potential to become an important financing mechanism for clean energy in low- and middle-income countries. Based on this research we recommend that more effort be placed on building consensus on the underlying assumptions for obtaining carbon credits from HWT projects, as well as the approved methods for monitoring correct and

  1. Carbon dioxide generation rates for building occupants.

    Science.gov (United States)

    Persily, A; de Jonge, L

    2017-09-01

    Indoor carbon dioxide (CO2 ) concentrations have been used for decades to characterize building ventilation and indoor air quality. Many of these applications require rates of CO2 generation from the building occupants, which are currently based on approaches and data that are several decades old. However, CO2 generation rates can be derived from well-established concepts within the fields of human metabolism and exercise physiology, which relate these rates to body size and composition, diet, and level of physical activity. This paper reviews how CO2 generation rates have been estimated in the past and discusses how they can be characterized more accurately. Based on this information, a new approach to estimating CO2 generation rates is presented, which is based on the described concepts from the fields of human metabolism and exercise physiology. Using this approach and more recent data on body mass and physical activity, values of CO2 generation rates from building occupants are presented along with the variability that may occur based on body mass and activity data. © 2017 The Authors. Indoor Air published by John Wiley & Sons Ltd.

  2. Research on Carbon Finance Intermediary Business Innovation of Commercial Banks%商业银行碳金融中间业务创新研究

    Institute of Scientific and Technical Information of China (English)

    李平

    2013-01-01

    As a major player in carbon finance in commercial banks , carbon finance innovation , in addition to green cred-it, can play its own professional expertise to expand the intermediate business , providing customers with carbon financial planning, trust, credit cards, account management, financial advisers, and credit assessment guarantees and other serv-ices.The paper combs the background of the rise of carbon finance , the concept of simple innovative practice by focusing on domestic and foreign commercial banks in the middle of the carbon finance business .It analyzes the typical case , aiming at the innovative carbon financial intermediary business operation mode to tap the carbon finance market service quality and level of the potential , enhance the fee-based business , foster the international competitiveness of China's commercial bank carbon finance .%作为碳金融主要参与者的商业银行,除了绿色信贷,还可以发挥自己的专业特长,拓展中间业务,为客户提供碳金融理财、信托、信用卡、账户管理、财务顾问以及信用评估与保函等服务。对碳金融兴起的背景、概念进行简单梳理,重点对国内外商业银行碳金融中间业务的创新实践、典型案例进行分析借鉴,旨在创新中间业务运作模式,挖掘碳金融市场潜力,提升中间业务的服务质量和水平,以提升我国商业银行碳金融的国际竞争力。

  3. 我国碳交易市场机制及碳金融发展前景初探%Brief Discussion on Development Prospect of Carbon Market Mechanism and Carbon Finance

    Institute of Scientific and Technical Information of China (English)

    武琪

    2012-01-01

    通过介绍国内外的碳交易市场与碳金融的发展现状,结合碳交易市场与碳金融的优势与缺陷,明确了发展碳交易市场机制与碳金融的意义,进而得出碳交易市场机制与碳金融的发展前景。%Through analyzing development status of carbon market and carbon finance, combining advantages and disadvantages of carbon market and carbon finance, the author made definite significance of developing carbon market mechanism and carbon finance as well as development prospect.

  4. Financing options and economic impact: distributed generation using solar photovoltaic systems in Normal, Illinois

    Directory of Open Access Journals (Sweden)

    Jin H. Jo

    2016-04-01

    Full Text Available Due to increasing price volatility in fossil-fuel-produced energy, the demand for clean, renewable, and abundant energy is more prevalent than in past years. Solar photovoltaic (PV systems have been well documented for their ability to produce electrical energy while at the same time offering support to mitigate the negative externalities associated with fossil fuel combustion. Prices for PV systems have decreased over the past few years, however residential and commercial owners may still opt out of purchasing a system due to the overall price required for a PV system installation. Therefore, determining optimal financing options for residential and small-scale purchasers is a necessity. We report on payment methods currently used for distributed community solar projects throughout the US and suggest appropriate options for purchasers in Normal, Illinois given their economic status. We also examine the jobs and total economic impact of a PV system implementation in the case study area.

  5. Health and Climate-Relevant Pollutant Concentrations from a Carbon-Finance Approved Cookstove Intervention in Rural India.

    Science.gov (United States)

    Aung, Ther W; Jain, Grishma; Sethuraman, Karthik; Baumgartner, Jill; Reynolds, Conor; Grieshop, Andrew P; Marshall, Julian D; Brauer, Michael

    2016-07-05

    Efforts to introduce more efficient stoves increasingly leverage carbon-finance to scale up dissemination of interventions. We conducted a randomized intervention study to evaluate a Clean Development Mechanism approved stove replacement impact on fuelwood usage, and climate and health-relevant air pollutants. We randomly assigned 187 households to either receive the intervention or to continue using traditional stoves. Measurements of fine particulate matter (PM2.5) and absorbance were conducted in cooking areas, village center and at upwind background site. There were minor and overlapping seasonal differences (post- minus preintervention change) between control and intervention groups for median (95% CI) fuel use (-0.60 (-1.02, -0.22) vs -0.52 (-1.07, 0.00) kg day(-1)), and 24 h absorbance (35 (18, 60) vs 36 (22, 50) × 10(-6) m(-1)); for 24 h PM2.5, there was a higher (139 (61,229) vs 73(-6, 156) μg m(-3))) increase in control compared to intervention homes between the two seasons. Forty percent of the intervention homes continued using traditional stoves. For intervention homes, absorbance-to-mass ratios suggest a higher proportion of black carbon in PM2.5 emitted from intervention compared with traditional stoves. Absent of field-based evaluation, stove interventions may be pursued that fail to realize expected carbon reductions or anticipated health and climate cobenefits.

  6. 我国商业银行碳金融业务发展研究%Analysis on the Development of Carbon Finance Business in Chinese Commercial Banks

    Institute of Scientific and Technical Information of China (English)

    刘洋; 张健威

    2014-01-01

    随着二氧化碳排放的不断增加造成的温室效应加剧,节能减排背景下的低碳经济模式已成为全球共识,而低碳经济的发展也带动了碳金融的蓬勃发展。商业银行作为不可缺少的中介机构,在推动碳金融业务发展中的作用不容忽视,而支持低碳经济发展和开展碳金融业务也已成为国内外商业银行新的业务增长点。通过分析我国商业银行发展碳金融业务的意义及当前存在的问题,指出国内商业银行应抓住机遇向碳金融领域拓展,并就商业银行如何拓展碳金融业务提出了建议。%With the aggravation of greenhouse effect and steady increasing of carbon dioxide emis-sion,all governments are taking measures to reduce greenhouse gas emission and low-carbon e-conomy under the background of energy conservation has become a global consensus.Develop-ment of low-carbon economy has also led to carbon finance boom,as the indispensable intermedi-aries,commercial banks′role in promoting the development of carbon finance business can not be ignored.However,support of low-carbon economic development and carbon finance business has also become a new business growth point in both national and oversea commercial banks.This pa-per analyzes the significance and the existing problems of the development of Chinese commercial banks′carbon finance business.It also points out that domestic commercial banks should seize the opportunity to expand into the carbon finance field and finally put forward some proposals on how to expand the carbon finance business for commercial banks.

  7. Carbon Multicharged Ion Generation from Laser Plasma

    Science.gov (United States)

    Balki, Oguzhan; Elsayed-Ali, Hani E.

    2014-10-01

    Multicharged ions (MCI) have potential uses in different areas such as microelectronics and medical physics. Carbon MCI therapy for cancer treatment is considered due to its localized energy delivery to hard-to-reach tumors at a minimal damage to surrounding tissues. We use a Q-switched Nd:YAG laser with 40 ns pulse width operated at 1064 nm to ablate a graphite target in ultrahigh vacuum. A time-of-flight energy analyzer followed by a Faraday cup is used to characterize the carbon MCI extracted from the laser plasma. The MCI charge state and energy distribution are obtained. With increase in the laser fluence, the ion charge states and ion energy are increased. Carbon MCI up to C+6 are observed along with carbon clusters. When an acceleration voltage is applied between the carbon target and a grounded mesh, ion extraction is observed to increase with the applied voltage. National Science Foundation.

  8. How to use SVMAs to reduce the Carbon Pricing and Climate Finance Gap: numerical illustrations

    DEFF Research Database (Denmark)

    Hourcade, Jean-Charles; Pryadarshi, Shukla; La Rovere, Emilio

    that swamp it. We first illustrate, based on five case studies, the equivalence curves between carbon prices and percentages of reduction of capital costs. We argue then that a notional price equated to the SVMA can maximize the economic efficiency of financial devices that reduce the capital costs of a low...... and to economic incentives. We analyze here how to combine an explicit carbon price that rewards mitigation activities every year and a notional price embedded in devices that reward low carbon investments beforehand through lowering their risk-weighted capital costs.The latter option is essential in order...... to hedge against two uncertainties that adversely affect technologies having high capital costs1. The first relates to technologies which are at the beginning or mid-way of their experience curve. The second relates to the net signal launched by explicit carbon prices given the presence of noises...

  9. FINANCING OF INTERNATIONAL TRANSACTIONS

    Directory of Open Access Journals (Sweden)

    RADU NICOLAE BĂLUNĂ

    2013-02-01

    Full Text Available Financing (funding is essentially the purchase of funds necessary for a business. This can be done from internal sources (company’s own funds or external (borrowed funds. The high value of goods traded in international trade makes revenues generated from internal resources not sufficient to settle the value of the goods. Thus, it is frequent to resort to borrowed funds. In International Business Transactions, external financing is done both by classical techniques of credit (credit supplier and buyer credit and modern techniques of financing (factoring, forfeiting, leasing all trade tailored. In terms of the length of financing, accounting funding is short-term (1-12 months and long-term financing (over a year. In principle, export and import operations prevailing short-term financing techniques, while international investment and industrial cooperation actions are specific long-term funding

  10. BANKING RETAIL CONSUMER FINANCE DATA GENERATOR – CREDIT SCORING DATA REPOSITORY

    Directory of Open Access Journals (Sweden)

    Karol Przanowski

    2013-05-01

    Full Text Available This paper presents two cases of random banking data generators based on migration matrices and scoring rules. The banking data generator is a breakthrough in researches aimed at finding a method to compare various credit scoring techniques. These data are very useful for various analyses to understand the complexity of banking processes in a better way and are also of use for students and their researches. Another application can be in the case of small samples, e.g. when historical data are too fresh or are connected with the processing of a small number of exposures. In these cases a data generator can extend a sample to an adequate size for advanced analysis. The influence of one cyclic macro-economic variable on client characteristics and their stability over time is analyzed. Some stimulating conclusions for crisis behavior are presented, namely that if a crisis is impacted by both factors: application and behavioral, then it is very difficult to clearly indicate these factors in a typical scoring analysis and the crisis becomes widespread in every kind of risk report.

  11. Financing investment in new electricity generation capacity in Northwest Europe. Policy brief

    Energy Technology Data Exchange (ETDEWEB)

    Ozdemir, O.; De Joode, J.; Koutstaal, P.R. [ECN Policy Studies, Amsterdam (Netherlands)

    2013-05-15

    Current Northwest European electricity markets are designed as 'energy-only' markets. In an energy-only market the price received for electricity produced is set by the marginal generation unit and potentially leaves the owners of these units with 'missing money': i.e. money that is required to recover investment cost. With a much higher penetration of intermittent electricity sources such as wind and solar PV, these markets may not be capable of providing sufficient incentives for investment in generation capacity, because operating hours and scarcity rents for peak and mid-merit order capacity will be considerably reduced. There are a number of options available to address this missing money problem. First of all, options should be explored which focus on improving the existing electricity markets. These options include increasing flexibility in both supply and demand improving the profitability of investments, for example by means of removing (implicit) price caps and allowing for long-term contracts. Next to these options which can help increase the revenue for generation investments some form of capacity mechanism such as capacity payments or capacity markets could be introduced. These capacity mechanisms have attracted considerable attention in recent years, both in the literature and in the policy debate, with a number of countries considering the introduction of such mechanisms. However, unilateral introduction of capacity mechanisms in integrated electricity markets can have a considerable impact on cross border electricity flows and investment decisions. It might negatively affect security of supply in neighbouring countries and will result in price differences between consumers within a country which have to bear the costs of capacity mechanisms and those outside those countries. Moreover, unilateral capacity mechanisms can disrupt the functioning of the internal energy market. Before the implementation of capacity mechanisms

  12. Development of Carbon Finance in Chinese Commercial Banks:problems and countermeasures%我国商业银行碳金融业务的发展现状、问题及对策

    Institute of Scientific and Technical Information of China (English)

    谢伟杰

    2014-01-01

    Carbon finance is an important trend and it is of great significance for commercial banks to develop carbon finance. However, in the process of developing carbon finance, Chinese commercial banks have encountered many problems. To solve these problems, several suggestions are put forward, such as fostering the concept of carbon finance, reducing commercial′s banks′ risk in carrying out carbon finance business, improving the supporting environment of carbon finance business, enhancing international competitiveness of Chinese commercial banks, cultivating carbon finance professionals through multi-channels.%碳金融是未来金融发展的一个重要趋势,商业银行发展碳金融业务具有重要意义。我国商业银行碳金融业务的发展还存在较多问题,需要多渠道加以解决,主要有:树立发展碳金融业务的理念,提升商业银行碳金融业务的风险防范水平,完善开展碳金融业务的配套环境,提升碳金融业务管理水平及创新能力,多途径培养碳金融专业人才。

  13. Can conservation funding be left to carbon finance? Evidence from participatory future land use scenarios in Peru, Indonesia, Tanzania, and Mexico

    Science.gov (United States)

    Ravikumar, Ashwin; Larjavaara, Markku; Larson, Anne; Kanninen, Markku

    2017-01-01

    Revenues derived from carbon have been seen as an important tool for supporting forest conservation over the past decade. At the same time, there is high uncertainty about how much revenue can reasonably be expected from land use emissions reductions initiatives. Despite this uncertainty, REDD+ projects and conservation initiatives that aim to take advantage of available or, more commonly, future funding from carbon markets have proliferated. This study used participatory multi-stakeholder workshops to develop divergent future scenarios of land use in eight landscapes in four countries around the world: Peru, Indonesia, Tanzania, and Mexico. The results of these future scenario building exercises were analyzed using a new tool, CarboScen, for calculating the landscape carbon storage implications of different future land use scenarios. The findings suggest that potential revenues from carbon storage or emissions reductions are significant in some landscapes (most notably the peat forests of Indonesia), and much less significant in others (such as the low-carbon forests of Zanzibar and the interior of Tanzania). The findings call into question the practicality of many conservation programs that hinge on expectations of future revenue from carbon finance. The future scenarios-based approach is useful to policy-makers and conservation program developers in distinguishing between landscapes where carbon finance can substantially support conservation, and landscapes where other strategies for conservation and land use should be prioritized.

  14. Payments for environmental services – Carbon finance options for smallholders’ agroforestry in Indonesia

    Directory of Open Access Journals (Sweden)

    Christina Seeberg-Elverfeldt

    2009-04-01

    Full Text Available Up to 25 percent of all anthropogenic greenhouse gas emissions are caused by deforestation, and Indonesia is the third largest greenhouse gas emitter worldwide due to land use change and deforestation. On the island of Sulawesi in the vicinity of the Lore Lindu National Park (LLNP, many smallholders contribute to conversion processes at the forest margin as a result of their agricultural practices. Specifically the area dedicated to cocoa plantations has increased from zero (1979 to nearly 18,000 hectares (2001. Some of these plots have been established inside the 220,000 hectares of the LLNP. An intensification process is observed with a consequent reduction of the shade tree density. This study assesses which impact carbon sequestration payments for forest management systems have on the prevailing land use systems. Additionally, the level of incentives is determined which motivates farmers to desist from further deforestation and land use intensification activities. Household behaviour and resource allocation is analysed with a comparative static linear programming model. As these models prove to be a reliable tool for policy analysis, the output can indicate the adjustments in resource allocation and land use shifts when introducing compensation payments. The data was collected in a household survey in six villages around the LLNP. Four household categories are identified according to their dominant agroforestry systems. These range from low intensity management with a high degree of shading to highly intensified systems with no shade cover. At the plot level, the payments required for inducing the adoption of more sustainable land use practices are the highest for the full shade cocoa agroforestry system, but with low carbon prices of €5 tCO2e-1 these constitute 5 percent of the cocoa gross margin. Focusing on the household level, however, an increase up to 18 percent of the total gross margin can be realised. Furthermore, for

  15. DEPOSITION CARBON NANOSTRUCTURES BY SURFATRON GENERATED DISCHARGE

    Directory of Open Access Journals (Sweden)

    Marina Davydova

    2014-12-01

    Full Text Available Carbon nanostructures were deposited by surface wave discharge using various Ar/CH4/ CO2 gas mixture ratios. The morphology was controlled by adjusting of gas concentration and was investigated by scanning electron microscopy (SEM. Also, the influence of the low temperature plasma treatment and process time on the wettability of the diamond films has been studied. The results indicate that for hydrogen termination of diamond surface indicate that the temperature as low as 400°C and treatment time of 15 min is sufficient to attain the p-type surface conductivity of diamond.

  16. X-ray generation using carbon nanotubes

    Science.gov (United States)

    Parmee, Richard J.; Collins, Clare M.; Milne, William I.; Cole, Matthew T.

    2015-01-01

    Since the discovery of X-rays over a century ago the techniques applied to the engineering of X-ray sources have remained relatively unchanged. From the inception of thermionic electron sources, which, due to simplicity of fabrication, remain central to almost all X-ray applications, there have been few fundamental technological advances. However, with the emergence of ever more demanding medical and inspection techniques, including computed tomography and tomosynthesis, security inspection, high throughput manufacturing and radiotherapy, has resulted in a considerable level of interest in the development of new fabrication methods. The use of conventional thermionic sources is limited by their slow temporal response and large physical size. In response, field electron emission has emerged as a promising alternative means of deriving a highly controllable electron beam of a well-defined distribution. When coupled to the burgeoning field of nanomaterials, and in particular, carbon nanotubes, such systems present a unique technological opportunity. This review provides a summary of the current state-of-the-art in carbon nanotube-based field emission X-ray sources. We detail the various fabrication techniques and functional advantages associated with their use, including the ability to produce ever smaller electron beam assembles, shaped cathodes, enhanced temporal stability and emergent fast-switching pulsed sources. We conclude with an overview of some of the commercial progress made towards the realisation of an innovative and disruptive technology.

  17. Laser-generated plasma by carbon nanoparticles embedded into polyethylene

    Science.gov (United States)

    Torrisi, L.; Ceccio, G.; Cutroneo, M.

    2016-05-01

    Carbon nanoparticles have been embedded into polyethylene at different concentrations by using chemical-physical processes. The synthesized material was characterized in terms of physical modifications concerning the mechanical, compositional and optical properties. Obtained flat targets have been irradiated by Nd:YAG laser at intensities of the order of 1010 W/cm2 in order to generate non-equilibrium plasma in vacuum. The laser-matter interaction produces charge separation effects with consequent acceleration of protons and carbon ions. Plasma was characterized using time-of-flight measurements of the accelerated ions. Applications of the produced targets in order to generate carbon ion beams from laser-generated plasma are presented and discussed.

  18. Consumer Finance

    OpenAIRE

    Peter Tufano

    2009-01-01

    Although consumer finance is a substantial element of the economy, it has had a smaller footprint within financial economics. In this review, I suggest a functional definition of the subfield of consumer finance, focusing on four key functions: payments, risk management, moving funds from today to tomorrow (saving/investing), and from tomorrow to today (borrowing). I provide data showing the economic importance of consumer finance in the American economy. I propose a historical explanation fo...

  19. Laser-generated plasma by carbon nanoparticles embedded into polyethylene

    Energy Technology Data Exchange (ETDEWEB)

    Torrisi, L., E-mail: lorenzo.torrisi@unime.it [Dipartimento di Scienze Fisiche MIFT, Università di Messina, V.le F.S. D’Alcontres 31, 98166 S. Agata, Messina (Italy); Ceccio, G. [Dipartimento di Scienze Fisiche MIFT, Università di Messina, V.le F.S. D’Alcontres 31, 98166 S. Agata, Messina (Italy); Cutroneo, M. [Nuclear Physics Institute, AS CR, 25068 Rez (Czech Republic)

    2016-05-15

    Highlights: • Advanced targets are prepared using UHMWPE containing CNT at different concentrations. • The composite has different optical, mechanical, electrical and compositional properties with respect to polyethylene. • Higher ion accelerations with respect to the pure polyethylene are obtained from laser generated plasmas at 10{sup 10} W/cm{sup 2} intensity. • High carbon ion yields with respect to the pure polyethylene are obtained from laser generated plasmas at 10{sup 10} W/cm{sup 2} intensity. • Advanced targets were prepared to be irradiated in TNSA regime using laser at 10{sup 18} W/cm{sup 2} intensity. - Abstract: Carbon nanoparticles have been embedded into polyethylene at different concentrations by using chemical–physical processes. The synthesized material was characterized in terms of physical modifications concerning the mechanical, compositional and optical properties. Obtained flat targets have been irradiated by Nd:YAG laser at intensities of the order of 10{sup 10} W/cm{sup 2} in order to generate non-equilibrium plasma in vacuum. The laser–matter interaction produces charge separation effects with consequent acceleration of protons and carbon ions. Plasma was characterized using time-of-flight measurements of the accelerated ions. Applications of the produced targets in order to generate carbon ion beams from laser-generated plasma are presented and discussed.

  20. Adsorbent Carbon Fabrics : New Generation Armour for Toxic Chemicals

    Directory of Open Access Journals (Sweden)

    K. Gurudatt

    1997-04-01

    Full Text Available Activated carbon in the form of a regular fabric obtained using viscose rayon precursor is a new generation adsorbent material having superior sorptional properties and is finding varied defence applications. Carbonisation and activation mechanisms and properties and applications of adsorbent carbort fibres made from viscose rayon precursor are reviewed in this paper.

  1. Novel Carbon Films for Next Generation Rotating Equipment Applications

    Energy Technology Data Exchange (ETDEWEB)

    Michael McNallan; Ali Erdemir; Yury Gogotsi

    2006-02-20

    This report describes the results of research performed on a new generation of low friction, wear resistant carbon coatings for seals and bearings in high speed rotating equipment. The low friction coatings, Near Frictionless Carbon (NFC), a high hydrogen content diamondlike carbon, and Carbide Derived Carbon (CDC), a conversion coating produced on the surfaces of metal carbides by halogenation, can be applied together or separately to improve the performance of seals and bearings, with benefits to energy efficiency and environmental protection. Because hard carbide ceramics, such as silicon carbide, are widely used in the seals industry, this coating is particularly attractive as a low cost method to improve performance. The technology of CDC has been licensed to an Illinois company, Carbide Derivative Technologies, Inc. (CDTI) to implement the commercialization of this material.

  2. Behavioral finance

    Directory of Open Access Journals (Sweden)

    Kapor Predrag

    2014-01-01

    Full Text Available This paper discuss some general principles of behavioral finance Behavioral finance is the dynamic and promising field of research that mergers concepts from financial economics and cognitive psychology in attempt to better understand systematic biases in decision-making process of financial agents. While the standard academic finance emphasizes theories such as modern portfolio theory and the efficient market hypothesis, the behavioral finance investigates the psychological and sociological issues that impact the decision-making process of individuals, groups and organizations. Most of the research behind behavioral finance has been empirical in nature, concentrating on what people do and why. The research has shown that people do not always act rationally, nor they fully utilise all information available to them.

  3. Highly Increased Flow-Induced Power Generation on Plasmonically Carbonized Single-Walled Carbon Nanotube .

    Science.gov (United States)

    Kim, Jangheon; Lee, Janghyeon; Kim, Soohyun; Jung, Wonsuk

    2016-11-09

    We generate networks and carbonization between individualized single-walled carbon nanotubes (SWCNTs) by an optimized plasmonic heating process using a halogen lamp to improve electrical properties for flow-induced energy harvesting. These properties were characterized by Raman spectra, a field-emission-scanning probe, transmission electron microscopy, atomic force microscopy and thermographic camera. The electrical sheet resistance of carbonized SWCNTs was decreased to 2.71 kΩ/□, 2.5 times smaller than normal-SWCNTs. We demonstrated flow-induced voltage generation on SWCNTs at various ion concentrations of NaCl. The generated voltage and current for the carbonized-SWCNTs were 9.5 and 23.5 times larger than for the normal-SWCNTs, respectively, based on the electron dragging mechanism.

  4. The hydrocarbon generation mechanism and the threestage type model of hydrocarbon generation for carbonate source rocks

    Institute of Scientific and Technical Information of China (English)

    王兆云; 程克明

    1997-01-01

    The diagenetic mechanism and process of carbonate rocks, which is different to that of clastic rocks, decides the existence of different existing state organic matters in carbonate rocks. This has been verified by both the microscopic observation of organic petrology and the analysis of organic geochemistry of many samples. Based on the hydrous pyrolysis simulation experiment of the low-mature carbonate rocks, the contrasting study on the yield and their geochemistry characteristics of different existing state soluble organic matters of a series of various maturity samples shows that the different existing state organic matters make different contributions to hydrocarbon generation during every evolution state. So that, the hydrocarbon generation process of carbonate rocks can be summarized as the following three stages; the first is the direct degradation of biogenic bitumen macromolecules during the immature stage, the second is the thermal degradation of a large amount of kerogen at the mature stage,

  5. Aerosol generation and measurement of multi-wall carbon nanotubes

    Science.gov (United States)

    Myojo, Toshihiko; Oyabu, Takako; Nishi, Kenichiro; Kadoya, Chikara; Tanaka, Isamu; Ono-Ogasawara, Mariko; Sakae, Hirokazu; Shirai, Tadashi

    2009-01-01

    Mass production of some kinds of carbon nanotubes (CNT) is now imminent, but little is known about the risk associated with their exposure. It is important to assess the propensity of the CNT to release particles into air for its risk assessment. In this study, we conducted aerosolization of a multi-walled CNT (MWCNT) to assess several aerosol measuring instruments. A Palas RBG-1000 aerosol generator applied mechanical stress to the MWCNT by a rotating brush at feed rates ranging from 2 to 20 mm/h, which the MWCNT was fed to a two-component fluidized bed. The fluidized bed aerosol generator was used to disperse the MWCNT aerosol once more. We monitored the generated MWCNT aerosol concentrations based on number, area, and mass using a condensation particle counter and nanoparticle surface area monitor. Also we quantified carbon mass in MWCNT aerosol samples by a carbon monitor. The shape of aerosolized MWCNT fibers was observed by a scanning electron microscope (SEM). The MWCNT was well dispersed by our system. We found isolated MWCNT fibers in the aerosols by SEM and the count median lengths of MWCNT fibers were 4-6 μm. The MWCNT was quantified by the carbon monitor with a modified condition based on the NIOSH analytical manual. The MWCNT aerosol concentration (EC mass base) was 4 mg/m3 at 2 mm/h in this study.

  6. Relationship finance, market finance and endogenous business cycles

    OpenAIRE

    Deidda, Luca Gabriele; Fattouh, Bassam

    2010-01-01

    This paper develops an overlapping generation model with asymmetric information in the credit market such that the interplay between relationship finance supplied by investors who monitor investment decisions ex-ante and market finance supplied by investors who relay on public information can be the source of endogenous business fluctuations. Monitoring helps reducing the inefficiency caused by moral hazard. However, the incentives of entrepreneurs to demand relationship finance to induce mon...

  7. Financing Investment

    DEFF Research Database (Denmark)

    Hirth, Stefan; Flor, Christian Riis

    Intuition suggests that corporate investment should be decreasing in financing constraints. We show that even when financing is obtained using a standard debt contract and there is symmetric information between the firm and outside investors, the relation is actually U-shaped. We thus provide a new...... theoretical explanation for the recent empirical findings of Cleary et al. (2007). We split up the endogenously implied financing costs and propose a trade-off between expected liquidation costs and second-best investment costs. For rather unconstrained firms, the risk of costly liquidation dominates the cost...

  8. Carbon fiber enhanced bioelectricity generation in soil microbial fuel cells.

    Science.gov (United States)

    Li, Xiaojing; Wang, Xin; Zhao, Qian; Wan, Lili; Li, Yongtao; Zhou, Qixing

    2016-11-15

    The soil microbial fuel cell (MFC) is a promising biotechnology for the bioelectricity recovery as well as the remediation of organics contaminated soil. However, the electricity production and the remediation efficiency of soil MFC are seriously limited by the tremendous internal resistance of soil. Conductive carbon fiber was mixed with petroleum hydrocarbons contaminated soil and significantly enhanced the performance of soil MFC. The maximum current density, the maximum power density and the accumulated charge output of MFC mixed carbon fiber (MC) were 10, 22 and 16 times as high as those of closed circuit control due to the carbon fiber productively assisted the anode to collect the electron. The internal resistance of MC reduced by 58%, 83% of which owed to the charge transfer resistance, resulting in a high efficiency of electron transfer from soil to anode. The degradation rates of total petroleum hydrocarbons enhanced by 100% and 329% compared to closed and opened circuit controls without the carbon fiber respectively. The effective range of remediation and the bioelectricity recovery was extended from 6 to 20cm with the same area of air-cathode. The mixed carbon fiber apparently enhanced the bioelectricity generation and the remediation efficiency of soil MFC by means of promoting the electron transfer rate from soil to anode. The use of conductively functional materials (e.g. carbon fiber) is very meaningful for the remediation and bioelectricity recovery in the bioelectrochemical remediation.

  9. Integrated biofuel facility, with carbon dioxide consumption and power generation

    Energy Technology Data Exchange (ETDEWEB)

    Powell, E.E.; Hill, G.A. [Saskatchewan Univ., Saskatoon, SK (Canada). Dept. of Chemical Engineering

    2009-07-01

    This presentation provided details of an economical design for a large-scale integrated biofuel facility for coupled production of bioethanol and biodiesel, with carbon dioxide capture and power generation. Several designs were suggested for both batch and continuous culture operations, taking into account all costs and revenues associated with the complete plant integration. The microalgae species Chlorella vulgaris was cultivated in a novel photobioreactor (PBR) in order to consume industrial carbon dioxide (CO{sub 2}). This photosynthetic culture can also act as a biocathode in a microbial fuel cell (MFC), which when coupled to a typical yeast anodic half cell, results in a complete biological MFC. The photosynthetic MFC produces electricity as well as valuable biomass and by-products. The use of this novel photosynthetic microalgae cathodic half cell in an integrated biofuel facility was discussed. A series of novel PBRs for continuous operation can be integrated into a large-scale bioethanol facility, where the PBRs serve as cathodic half cells and are coupled to the existing yeast fermentation tanks which act as anodic half cells. These coupled MFCs generate electricity for use within the biofuel facility. The microalgae growth provides oil for biodiesel production, in addition to the bioethanol from the yeast fermentation. The photosynthetic cultivation in the cathodic PBR also requires carbon dioxide, resulting in consumption of carbon dioxide from bioethanol production. The paper also discussed the effect of plant design on net present worth and internal rate of return. tabs., figs.

  10. A carbon-air battery for high power generation.

    Science.gov (United States)

    Yang, Binbin; Ran, Ran; Zhong, Yijun; Su, Chao; Tadé, Moses O; Shao, Zongping

    2015-03-16

    We report a carbon-air battery for power generation based on a solid-oxide fuel cell (SOFC) integrated with a ceramic CO2-permeable membrane. An anode-supported tubular SOFC functioned as a carbon fuel container as well as an electrochemical device for power generation, while a high-temperature CO2-permeable membrane composed of a CO3(2-) mixture and an O(2-) conducting phase (Sm(0.2)Ce(0.8)O(1.9)) was integrated for in situ separation of CO2 (electrochemical product) from the anode chamber, delivering high fuel-utilization efficiency. After modifying the carbon fuel with a reverse Boudouard reaction catalyst to promote the in situ gasification of carbon to CO, an attractive peak power density of 279.3 mW cm(-2) was achieved for the battery at 850 °C, and a small stack composed of two batteries can be operated continuously for 200 min. This work provides a novel type of electrochemical energy device that has a wide range of application potentials.

  11. Generation and Amplification of Terahertz Radiation in Carbon Nanotubes

    OpenAIRE

    Abukari, S. S.; Mensah, S. Y.; Mensah, N. G.; Adu, K. W.; Rabiu, M; Dompreh, K. A.; Twum, A.

    2012-01-01

    We investigate theoretically the feasibility of generation and amplification of terahertz radiation in aligned achiral carbon nanotubes (zigzag and armchair) in comparison with a superlattice in the presence of a constant (dc) and high-frequency (ac) electric fields. The electric current density expression is derived using the semiclassical Boltzmann transport equation with a constant relaxation time with the electric field applied along the nanotube axis. Our analysis on the current density ...

  12. Flow-driven voltage generation in carbon nanotubes

    Indian Academy of Sciences (India)

    A K Sood; S Ghosh; Anindya Das

    2005-10-01

    The flow of various liquids and gases over single-walled carbon nanotube bundles induces an electrical signal (voltage/current) in the sample along the direction of the flow. The electrical response generated by the flow of liquids is found to be logarithmic in the flow speed over a wide range. In contrast, voltage generated by the flow of gas is quadratically dependent on the gas flow velocity. It was found that the underlying physics for the generation of electrical signals by liquids and gases are different. For the liquid, the Coulombic interaction between the ions in the liquid and the charge carriers in the nanotube plays a key role while electrical signal generation due to gas flow is due to an interplay of Bernoulli's principle and Seebeck effect. Unlike the liquid case which is specific to the nanotubes, the gas flow effect can be seen for a variety of solids ranging from single and multi-walled carbon nanotubes, graphite and doped semiconductors.

  13. Wind power projects in the CDM: Methodologies and tools for baselines, carbon financing and substainability analysis[CDM=Clean Development Mechanism

    Energy Technology Data Exchange (ETDEWEB)

    Ringius, L.; Grohnheit, P.E.; Nielsen, L.H.; Olivier, A.L.; Painuly, J.; Villavicencio, A.

    2002-12-01

    The report is intended to be a guidance document for project developers, investors, lenders, and CDM host countries involved in wind power projects in the CDM. The report explores in particular those issues that are important in CDM project assessment and development - that is, baseline development, carbon financing, and environmental sustainability. It does not deal in detail with those issues that are routinely covered in a standard wind power project assessment. The report tests, compares, and recommends methodologies for and approaches to baseline development. To present the application and implications of the various methodologies and approaches in a concrete context, Africa's largest wind farm-namely the 60 MW wind farm located in Zafarana, Egypt- is examined as a hypothetical CDM wind power project The report shows that for the present case example there is a difference of about 25% between the lowest (0.5496 tCO2/MWh) and the highest emission rate (0.6868 tCO{sub 2}/MWh) estimated in accordance with these three standardized approaches to baseline development according to the Marrakesh Accord. This difference in emission factors comes about partly as a result of including hydroelectric power in the baseline scenario. Hydroelectric resources constitute around 21% of the generation capacity in Egypt, and, if excluding hydropower, the difference between the lowest and the highest baseline is reduced to 18%. Furthermore, since the two variations of the 'historical' baseline option examined result in the highest and the lowest baselines, by disregarding this baseline option altogether the difference between the lowest and the highest is reduced to 16%. The ES3-model, which the Systems Analysis Department at Risoe National Laboratory has developed, makes it possible for this report to explore the project-specific approach to baseline development in some detail. Based on quite disaggregated data on the Egyptian electricity system, including the wind

  14. Financing Investment

    DEFF Research Database (Denmark)

    Hirth, Stefan; Flor, Christian Riis

    Intuition suggests that corporate investment should be decreasing in financing constraints. We show that even when financing is obtained using a standard debt contract and there is symmetric information between the firm and outside investors, the relation is actually U-shaped. We thus provide a new...... theoretical explanation for the recent empirical findings of Cleary et al. (2007). We split up the endogenously implied financing costs and propose a trade-off between expected liquidation costs and second-best investment costs. For rather unconstrained firms, the risk of costly liquidation dominates the cost...... of underinvestment and, hence, induces cutting down investment. On the other hand, severely constrained firms benefit more by getting closer to the first-best investment implying higher investment....

  15. Quantum Finance

    Science.gov (United States)

    Baaquie, Belal E.

    2007-09-01

    Foreword; Preface; Acknowledgements; 1. Synopsis; Part I. Fundamental Concepts of Finance: 2. Introduction to finance; 3. Derivative securities; Part II. Systems with Finite Number of Degrees of Freedom: 4. Hamiltonians and stock options; 5. Path integrals and stock options; 6. Stochastic interest rates' Hamiltonians and path integrals; Part III. Quantum Field Theory of Interest Rates Models: 7. Quantum field theory of forward interest rates; 8. Empirical forward interest rates and field theory models; 9. Field theory of Treasury Bonds' derivatives and hedging; 10. Field theory Hamiltonian of forward interest rates; 11. Conclusions; Appendix A: mathematical background; Brief glossary of financial terms; Brief glossary of physics terms; List of main symbols; References; Index.

  16. Dark pulse generation in fiber lasers incorporating carbon nanotubes.

    Science.gov (United States)

    Liu, H H; Chow, K K

    2014-12-01

    We demonstrate the generation of dark pulses from carbon nanotube (CNT) incorporated erbium-doped fiber ring lasers with net anomalous dispersion. A side-polished fiber coated with CNT layer by optically-driven deposition method is embedded into the laser in order to enhance the birefringence and nonlinearity of the laser cavity. The dual-wavelength domain-wall dark pulses are obtained from the developed CNT-incorporated fiber laser at a relatively low pump threshold of 50.6 mW. Dark pulses repeated at the fifth-order harmonic of the fundamental cavity frequency are observed by adjusting the intra-cavity polarization state.

  17. The Finance Curse

    DEFF Research Database (Denmark)

    Christensen, John; Shaxson, Nick; Wigan, Duncan

    2016-01-01

    The Global Financial Crisis placed the utility of financial services in question. The crash, great recession, wealth transfers from public to private, austerity and growing inequality cast doubt on the idea that finance is a boon to the host economy. This article systematizes these doubts...... to highlight the perils of an oversized financial sector. States failing to harness natural resources for development led to the concept of the Resource Curse. In many countries, resource dependence generated slower growth, crowding out, reduced economic diversity, lost entrepreneurialism, unemployment......, economic instability, inequality, conflict, rent-seeking and corruption. The Finance Curse produces similar effects, often for similar reasons. Beyond a point, a growing financial sector can do more harm than good. Unlike the Resource Curse, these harms transcend borders. The concept of a Finance Curse...

  18. Sustainable finance

    NARCIS (Netherlands)

    dr. Margreet F. Boersma-de Jong

    2012-01-01

    Presentation for Springschool of Strategy, University of Groningen, 10 October 2012. The role of CSR is to stimulate ethical behaviour, and as a result, mutual trust in society. Advantage of CSR for the company and the evolution of CSR. From CSR to Sustainable Finance: how does CSR influence

  19. Computational Finance

    DEFF Research Database (Denmark)

    Rasmussen, Lykke

    One of the major challenges in todays post-crisis finance environment is calculating the sensitivities of complex products for hedging and risk management. Historically, these derivatives have been determined using bump-and-revalue, but due to the increasing magnitude of these computations does...

  20. Computational Finance

    DEFF Research Database (Denmark)

    Rasmussen, Lykke

    One of the major challenges in todays post-crisis finance environment is calculating the sensitivities of complex products for hedging and risk management. Historically, these derivatives have been determined using bump-and-revalue, but due to the increasing magnitude of these computations does...

  1. Sustainable finance

    NARCIS (Netherlands)

    Boersma-de Jong, Margreet F.

    2012-01-01

    Presentation for Springschool of Strategy, University of Groningen, 10 October 2012. The role of CSR is to stimulate ethical behaviour, and as a result, mutual trust in society. Advantage of CSR for the company and the evolution of CSR. From CSR to Sustainable Finance: how does CSR influence Sustai

  2. Household Finance

    OpenAIRE

    Campbell, John

    2006-01-01

    The welfare benefits of financial markets depend in large part on how effectively households use these markets. The study of household finance is challenging because household behavior is difficult to measure accurately, and because households face constraints that are not captured by textbook models, including fixed costs, uninsurable income risk, borrowing constraints, and contracts that are non-neutral with respect to inflation. Evidence on participation, diversification, and the exercise ...

  3. 碳金融在鄱阳湖生态经济区建设中的应用分析%Analysis on the Application of Carbon Finance in the Construction of Poyang Lake Ecological Economic Zone

    Institute of Scientific and Technical Information of China (English)

    彭玉镏; 付彦琪

    2011-01-01

    美国金融危机后,低碳经济将成为经济发展的又一强有力引擎,而碳金融的支持将是低碳经济发展的保障。2009年鄱阳湖生态经济区正式上升为国家战略规划,生态区建设的本质是要大力发展低碳经济,而这离不开碳金融的支持。因此利用碳金融来促进鄱阳湖生态经济区建设将是一个有效途径。%After the financial crisis in the United States,low carbon economy will become a powerful engine of economic development, while the support of carbon finance will become the security of development of low carbon economy. In 2009, the Poyang Lake ecological economic zone has been considered as a national strategic plan. Eco- logical zone construction essence is to develop the low carbon economy, and it is inseparable from the support of carbon finance. Therefore the use of carbon finance which can promote the construction of Poyang Lake ecological economic zone will be a effective way

  4. Generation of mirage effect by heated carbon nanotube thin film

    Energy Technology Data Exchange (ETDEWEB)

    Tong, L. H. [Department of Modern Mechanics, University of Science and Technology of China, Hefei, Anhui 230026 (China); USTC-CityU Joint Advanced Research Centre, Suzhou, Jiangsu 215123 (China); Lim, C. W., E-mail: bccwlim@cityu.edu.hk [USTC-CityU Joint Advanced Research Centre, Suzhou, Jiangsu 215123 (China); Department of Civil and Architectural Engineering, City University of Hong Kong, Kowloon, Hong Kong, People’s Republic of China and City University of Hong Kong Shenzhen Research Institute, Shenzhen 518057 (China); Li, Y. C. [Department of Modern Mechanics, University of Science and Technology of China, Hefei, Anhui 230026 (China); Zhang, Chuanzeng; Quoc Bui, Tinh [Department of Civil Engineering, University of Siegen, Paul-Bonatz-Str. 9-11, D-57076 Siegen (Germany)

    2014-06-28

    Mirage effect, a common phenomenon in nature, is a naturally occurring optical phenomenon in which lights are bent due to the gradient variation of refraction in the temperature gradient medium. The theoretical analysis of mirage effect generated by heated carbon nanotube thin film is presented both for gas and liquid. Excellent agreement is demonstrated through comparing the theoretical prediction with published experimental results. It is concluded from the theoretical prediction and experimental observation that the mirage effect is more likely to happen in liquid. The phase of deflected optical beam is also discussed and the method for measurement of thermal diffusivity of medium is theoretically verified. Furthermore, a method for measuring the refractive index of gas by detecting optical beam deflection is also presented in this paper.

  5. New generation fiber reinforced polymer composites incorporating carbon nanotubes

    Science.gov (United States)

    Soliman, Eslam

    The last five decades observed an increasing use of fiber reinforced polymer (FRP) composites as alternative construction materials for aerospace and infrastructure. The high specific strength of FRP attracted its use as non-corrosive reinforcement. However, FRP materials were characterized with a relatively low ductility and low shear strength compared with steel reinforcement. On the other hand, carbon nanotubes (CNTs) have been introduced in the last decade as a material with minimal defect that is capable of increasing the mechanical properties of polymer matrices. This dissertation reports experimental investigations on the use of multi-walled carbon nanotubes (MWCNTs) to produce a new generation of FRP composites. The experiments showed significant improvements in the flexure properties of the nanocomposite when functionalized MWCNTs were used. In addition, MWCNTs were used to produce FRP composites in order to examine static, dynamic, and creep behavior. The MWCNTs improved the off-axis tension, off-axis flexure, FRP lap shear joint responses. In addition, they reduced the creep of FRP-concrete interface, enhanced the fracture toughness, and altered the impact resistance significantly. In general, the MWCNTs are found to affect the behaviour of the FRP composites when matrix failure dominates the behaviour. The improvement in the mechanical response with the addition of low contents of MWCNTs would benefit many industrial and military applications such as strengthening structures using FRP composites, composite pipelines, aircrafts, and armoured vehicles.

  6. Will the use of a carbon tax for revenue generation produce an incentive to continue carbon emissions?

    Science.gov (United States)

    Wang, Rong; Moreno-Cruz, Juan; Caldeira, Ken

    2017-05-01

    Integrated assessment models are commonly used to generate optimal carbon prices based on an objective function that maximizes social welfare. Such models typically project an initially low carbon price that increases with time. This framework does not reflect the incentives of decision makers who are responsible for generating tax revenue. If a rising carbon price is to result in near-zero emissions, it must ultimately result in near-zero carbon tax revenue. That means that at some point, policy makers will be asked to increase the tax rate on carbon emissions to such an extent that carbon tax revenue will fall. Therefore, there is a risk that the use of a carbon tax to generate revenue could eventually create a perverse incentive to continue carbon emissions in order to provide a continued stream of carbon tax revenue. Using the Dynamic Integrated Climate Economy (DICE) model, we provide evidence that this risk is not a concern for the immediate future but that a revenue-generating carbon tax could create this perverse incentive as time goes on. This incentive becomes perverse at about year 2085 under the default configuration of DICE, but the timing depends on a range of factors including the cost of climate damages and the cost of decarbonizing the global energy system. While our study is based on a schematic model, it highlights the importance of considering a broader spectrum of incentives in studies using more comprehensive integrated assessment models. Our study demonstrates that the use of a carbon tax for revenue generation could potentially motivate implementation of such a tax today, but this source of revenue generation risks motivating continued carbon emissions far into the future.

  7. Organizing the finances for and the finances from transnational corporate bribery

    OpenAIRE

    Lord, Nicholas; Levi, Michael

    2016-01-01

    This article analyses the finances for and the finances from corporate bribery in international business transactions and how they are organized. Transnational corporate bribery involves non-criminal commercial enterprises that operate in licit markets but that use corrupt means to win or maintain business contracts in foreign jurisdictions. This article first considers what needs to be financed, how much finance is needed, and how the bribes can be generated and distributed. Second, the arti...

  8. Characteristics of hydrocarbon generation and expulsion in matrix and stylolite of carbonate rocks

    Institute of Scientific and Technical Information of China (English)

    高岗; 郝石生; 王晖

    1999-01-01

    Characteristics of organic matter content, hydrocarbon generation and expulsion of carbonate rocks are discussed by analysis of organic carbon and pyrolysis. There is a strong inhomogeneity in distribution of organic matter in carbonate rocks. The organic matter abundance is higher in stylolites, carbonate varves or marls, while it is the lowest in matrixes (purer carbonate rocks around stylolites). Because of stable thickness and broad area, marls and carbonate varves may become good source rocks. At the same depth, stylolites, carbonate varves and matrixes generate and expel hydrocarbons almost at the same time. Expulsion efficiency of carbonate varve is the highest; that of matrixes is the lowest and that of stylolites is between marl’s or carbonate varve’s and matrix’ s.

  9. Selective coherent phonon mode generation in single wall carbon nanotubes

    CERN Document Server

    Nugraha, Ahmad R T; Saito, Riichiro

    2016-01-01

    The ultrafast pulse-train technique is theoretically investigated to enhance a specific coherent phonon mode while suppressing the other phonon modes generated in single wall carbon nanotubes (SWNTs). In particular, we focus on the selectivity of the radial breathing mode (RBM) and the G-band for a given SWNT. We find that if the repetition period matches with integer multiple of the RBM phonon period, the RBM amplitude could be enhanced while the amplitudes of the other modes are suppressed. As for the G-band, when we apply a repetition rate of half-integer multiple of the RBM period, the RBM could be suppressed because of destructive interference, while the G-band still survives. It is also possible to keep the G-band and suppress the RBM by applying a repetition rate that matches with integer multiple of the G-band phonon period. However, in this case we have to use a large number of laser pulses.

  10. Conceptual Framework and Recent Trends in Project Financing

    OpenAIRE

    Dr Sunil Kumar,

    2012-01-01

    Project financing is a non-recourse financing which provides leverage, contractual structure, creates a special purpose vehicle and considers the revenue generated by the project not the general assets of the business at the time of financing. Project financingtechnique is prominently used for mines, toll road, pipeline, power station, hospital and other infrastructure projects. Past studies show that the Public-Private-Partnership, Take-out Finance, BondFinance, Securitisation, Viability Gap...

  11. IEA CCS finance meeting in New York

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-09-15

    The IEA Clean Coal Centre, World Coal Institute and the IEA Greenhouse Gas R & D Programme with sponsorship from Chevron held an Expert Meeting on Financing Carbon Capture and Storage Projects in New York on 28-29 May 2008.

  12. Natural Gas, Wind and Nuclear Options for Generating Electricity in a Carbon Constrained World

    NARCIS (Netherlands)

    Kooten, van G.C.

    2012-01-01

    A linear programming model is used to examine the impact of carbon taxes on the optimal generation mix in the Alberta electrical system. The model permits decommissioning of generating assets with high carbon dioxide emissions and investment in new gas-fired, wind and, in some scenarios, nuclear

  13. Natural Gas, Wind and Nuclear Options for Generating Electricity in a Carbon Constrained World

    NARCIS (Netherlands)

    Kooten, van G.C.

    2012-01-01

    A linear programming model is used to examine the impact of carbon taxes on the optimal generation mix in the Alberta electrical system. The model permits decommissioning of generating assets with high carbon dioxide emissions and investment in new gas-fired, wind and, in some scenarios, nuclear cap

  14. Inorganic membranes for carbon capture and power generation

    Science.gov (United States)

    Snider, Matthew T.

    Inorganic membranes are under consideration for cost-effective reductions of carbon emissions from coal-fired power plants, both in the capture of pollutants post-firing and in the direct electrochemical conversion of coal-derived fuels for improved plant efficiency. The suitability of inorganic membrane materials for these purposes stems as much from thermal and chemical stability in coal plant operating conditions as from high performance in gas separations and power generation. Hydrophilic, micro-porous zeolite membrane structures are attractive for separating CO2 from N2 in gaseous waste streams due to the attraction of CO2 to the membrane surface and micropore walls that gives the advantage to CO2 transport. Recent studies have indicated that retention of the templating agent used in zeolite synthesis can further block N2 from the micropore interior and significantly improve CO2/N2 selectivity. However, the role of the templating agent in micro-porous transport has not been well investigated. In this work, gas sorption studies were conducted by high-pressure thermo-gravimetric analysis on Zeolite Y membrane materials to quantify the effect of the templating agent on CO2, N2, and H2O adsorption/desorption, as well as to examine the effect of humidification on overall membrane performance. In equilibrium conditions, the N2 sorption enthalpy was nearly unchanged by the presence of the templating agent, but the N2 pore occupation was reduced ˜1000x. Thus, the steric nature of the blocking of N2 from the micropores by the templating agent was confirmed. CO2 and H2O sorption enthalpies were similarly unaffected by the templating agent, and the micropore occupations were only reduced as much as the void volume taken up by the templating agent. Thus, the steric blocking effect did not occur for molecules more strongly attracted to the micropore walls. Additionally, in time-transient measurements the CO 2 and H2O mobilities were significantly enhanced by the presence

  15. Electricity generation: options for reduction in carbon emissions.

    Science.gov (United States)

    Whittington, H W

    2002-08-15

    Historically, the bulk production of electricity has been achieved by burning fossil fuels, with unavoidable gaseous emissions, including large quantities of carbon dioxide: an average-sized modern coal-burning power station is responsible for more than 10 Mt of CO(2) each year. This paper details typical emissions from present-day power stations and discusses the options for their reduction. Acknowledging that the cuts achieved in the past decade in the UK CO(2) emissions have been achieved largely by fuel switching, the remaining possibilities offered by this method are discussed. Switching to less-polluting fossil fuels will achieve some measure of reduction, but the basic problem of CO(2) emissions continues. Of the alternatives to fossil fuels, only nuclear power represents a zero-carbon large-scale energy source. Unfortunately, public concerns over safety and radioactive waste have still to be assuaged. Other approaches include the application of improved combustion technology, the removal of harmful gases from power-station flues and the use of waste heat to improve overall power-station efficiency. These all have a part to play, but many consider our best hope for emissions reduction to be the use of renewable energy. The main renewable energy contenders are assessed in this paper and realistic estimates of the contribution that each could provide are indicated. It appears that, in the time-scale envisaged by planners for reduction in CO(2) emission, in many countries renewable energy will be unlikely to deliver. At the same time, it is worth commenting that, again in many countries, the level of penetration of renewable energy will fall short of the present somewhat optimistic targets. Of renewable options, wind energy could be used in the short to medium term to cover for thermal plant closures, but for wind energy to be successful, the network will have to be modified to cope with wind's intermittent nature. Globally, hydroelectricity is currently the

  16. Carbon finance and pro-poor co-benefits: The Gold Standard and Climate, Community and Biodiversity Standards

    Energy Technology Data Exchange (ETDEWEB)

    Wood, Rachel

    2011-04-15

    This paper assesses the practical contribution of the Gold Standard (GS) and Climate Community and Biodiversity (CCB) Standards to local development through the identification of high quality carbon offset projects and ensuring high standards of consultation with local communities during project development and implementation. It is based on desk research, involving analysis of the GS and CCB Standards' project databases, project design documents, and secondary literature. In addition, over 20 representatives of the two standards systems, project developers, NGO representatives, and researchers were interviewed. The paper concludes that both standard systems successfully reward high quality projects which have a demonstrated commitment to local consultations and sustainable development benefits. Moreover, they serve to give well-meaning project developers frameworks with which to ensure that a wide range of criteria are considered in planning and implementing projects. As voluntary standards, it is unrealistic to expect either the GS or CCB Standards to improve poor-quality or unsustainable projects.

  17. Tools for computational finance

    CERN Document Server

    Seydel, Rüdiger U

    2017-01-01

    Computational and numerical methods are used in a number of ways across the field of finance. It is the aim of this book to explain how such methods work in financial engineering. By concentrating on the field of option pricing, a core task of financial engineering and risk analysis, this book explores a wide range of computational tools in a coherent and focused manner and will be of use to anyone working in computational finance. Starting with an introductory chapter that presents the financial and stochastic background, the book goes on to detail computational methods using both stochastic and deterministic approaches. Now in its sixth edition, Tools for Computational Finance has been significantly revised and contains:    Several new parts such as a section on extended applications of tree methods, including multidimensional trees, trinomial trees, and the handling of dividends; Additional material in the field of generating normal variates with acceptance-rejection methods, and on Monte Carlo methods...

  18. Phase heterogeneity in carbonate production by marine fish influences their roles in sediment generation and the inorganic carbon cycle.

    Science.gov (United States)

    Salter, Michael A; Harborne, Alastair R; Perry, Chris T; Wilson, Rod W

    2017-04-10

    Marine teleost fish are important carbonate producers in neritic and oceanic settings. However, the fates of the diverse carbonate phases (i.e., mineral and amorphous forms of CaCO3) they produce, and their roles in sediment production and marine inorganic carbon cycling, remain poorly understood. Here we quantify the carbonate phases produced by 22 Bahamian fish species and integrate these data with regional fish biomass data from The Bahamas to generate a novel platform-scale production model that resolves these phases. Overall carbonate phase proportions, ordered by decreasing phase stability, are: ~20% calcite, ~6% aragonite, ~60% high-Mg calcite, and ~14% amorphous carbonate. We predict that these phases undergo differing fates, with at least ~14% (amorphous carbonate) likely dissolving rapidly. Results further indicate that fisheries exploitation in The Bahamas has potentially reduced fish carbonate production by up to 58% in certain habitats, whilst also driving a deviation from natural phase proportions. These findings have evident implications for understanding sedimentary processes in shallow warm-water carbonate provinces. We further speculate that marked phase heterogeneity may be a hitherto unrecognised feature of fish carbonates across a wide range of neritic and oceanic settings, with potentially major implications for understanding their role in global marine inorganic carbon cycling.

  19. Behavioral finance: Finance with normal people

    Directory of Open Access Journals (Sweden)

    Meir Statman

    2014-06-01

    Behavioral finance substitutes normal people for the rational people in standard finance. It substitutes behavioral portfolio theory for mean-variance portfolio theory, and behavioral asset pricing model for the CAPM and other models where expected returns are determined only by risk. Behavioral finance also distinguishes rational markets from hard-to-beat markets in the discussion of efficient markets, a distinction that is often blurred in standard finance, and it examines why so many investors believe that it is easy to beat the market. Moreover, behavioral finance expands the domain of finance beyond portfolios, asset pricing, and market efficiency and is set to continue that expansion while adhering to the scientific rigor introduced by standard finance.

  20. Accessing international financing for climate change mitigation - A guidebook for developing countries

    Energy Technology Data Exchange (ETDEWEB)

    Limaye, D.R.; Zhu, X.

    2012-08-15

    This guidebook has been prepared by the UNEP Risoe Centre (URC) as part of its Technology Needs Assessment (TNA) project. The TNA project assists developing countries to identify national mitigation and adaptation technology priorities and to develop Technology Action Plans (TAPs) for mitigation of greenhouse gas (GHG) emissions and climate change adaptation. This guidebook provides information to help TNA countries better identify and access financial resources for the mitigation activities included in their national TAPs. This guidebook covers both mitigation 'projects' (such as a wind farm or a solar PV generation facility) and 'programmes' (such as a credit line for financing energy efficiency projects in small and medium-sized enterprises (SMEs), or bulk procurement and distribution of compact fluorescent lamps to households). The primary emphasis is on multilateral and bilateral sources of financing but the guidebook also includes an overview of private funding sources and public-private partnerships (PPPs). This guidebook only covers international financing for mitigation actions in developing countries. For example, EU funding for EU member countries and Chinese funding for mitigation in China are not covered in this guidebook. However, the EU funding for mitigation in developing countries and Chinese funding supporting mitigation in other developing countries are included. Special funds established in some developing countries by pooling financing support from developed countries are also covered in this guidebook. Information on the financing sources was compiled in a standard format and reviewed and analysed to categorise the financing sources. For the multilateral and bilateral financing sources, the available information was used to define their major characteristics (such as geographic coverage, technology/sector focus, funding sources, financing objectives, financing mechanisms, and management and governance). In addition, the

  1. An evaluation method of hydrocarbon generating potential of highly mature and over-mature marine carbonate

    Institute of Scientific and Technical Information of China (English)

    程克明; 王兆云

    1997-01-01

    How to restore the residual organic carbon and residual hydrocarbon-generating potential is discussed based on the hydrocarbon degradability of source rock. The results indicate there is linear function relationship between the restoring coefficient of residual organic carbon (Kc) and the vitrinite reflectance (Ro% ) of various kinds of source rock, but the relationship is secondary functional between the restoring coefficient of residual hydrocarbon-generating potential (Ks) and the vitrinite reflectance (R0%). It is pointed out that Kc= (1 - Dresidual)/(1-Dprimary), Xs=Kc (Dprimary/Dresidual). The restoration of residual organic carbon and hydrocarbon-gen era ting potential of the Cambrian and Ordovician highly mature marine carbonate in the Tarim Basin and North China region shows that the lower limit value of hydrocarbon generating potential and the organic matter abundance of carbonate source rock are basically the same as that of clastic rock. The technical difficulty in hydrocarbon generating eva

  2. Second Hydrocarbon—Generation from Organic Matter Trapped in Fluid Inclusions in Carbonate Rocks

    Institute of Scientific and Technical Information of China (English)

    施继锡; 余孝颖

    1999-01-01

    The mechanism and significance of second hydrocarbon-generation from organic matter trapped in fluid inclusions in carbonate rocks are discussed.The types of organic matter and the relationship between them are also reviewed.The organic matter trapped in inclusions and crystals,which account for more than 20%of the total organic matter in carbonate rocks,may be of great significance in the generation of hydrocarbons.High-temperature oil resulting from second hydrocarbon-generation should be an important target,in addition to natural gas,in oilgas prospecting in regions of high-maturity carbonate rocks.

  3. Do SMEs follow Pecking Order Financing?

    DEFF Research Database (Denmark)

    Bartholdy, Jan; Mateus, Cèsario; Olson, Dennis

    This paper tests for "pecking order" financing of small and medium size firms. The main sources and "pecking order" of financing for SMEs are equity (internally generated cash), trade credit paid on time, credit provided by institutions such as banks and leasing companies, other sources of debt...

  4. Photocurrent generation in carbon nitride and carbon nitride/conjugated polymer composites.

    Science.gov (United States)

    Byers, Joshua C; Billon, Florence; Debiemme-Chouvy, Catherine; Deslouis, Claude; Pailleret, Alain; Semenikhin, Oleg A

    2012-09-26

    The semiconductor and photovoltaic properties of carbon nitride (CNx) thin films prepared using a reactive magnetron cathodic sputtering technique were investigated both individually and as composites with an organic conjugated polymer, poly(2,2'-bithiophene) (PBT). The CNx films showed an increasing thickness as the deposition power and/or nitrogen content in the gas mixture increase. At low nitrogen content and low deposition power (25-50 W), the film structure was dominated by the abundance of the graphitic sp(2) regions, whereas at higher nitrogen contents and magnetron power CNx films started to demonstrate semiconductor properties, as evidenced by the occurrence of photoconductivity and the development of a space charge region. However, CNx films alone did not show any reproducible photovoltaic properties. The situation changed, however, when CNx was deposited onto conjugated PBT substrates. In this configuration, CNx was found to function as an acceptor material improving the photocurrent generation both in solution and in solid state photovoltaic devices, with the external quantum efficiencies reaching 1% at high nitrogen contents. The occurrence of the donor-acceptor charge transfer was further evidenced by suppression of the n-doping of the PBT polymer by CNx. Nanoscale atomic force microscopy (AFM) and current-sensing AFM data suggested that CNx may form a bulk heterojunction with PBT.

  5. Generation of terahertz radiation by hot electrons in carbon nanotubes.

    Science.gov (United States)

    Kibis, O V; da Costa, M Rosenau; Portnoi, M E

    2007-11-01

    We demonstrate theoretically that quasi-metallic carbon nanotubes emit terahertz radiation induced by an applied voltage. It is shown that in the ballistic transport regime their spontaneous emission spectra have a universal frequency and bias voltage dependence, which raises the possibility of utilizing this effect for high-frequency nanoelectronic devices.

  6. Next Generation Structural Composite Using Surface Grown Carbon Nanotubes

    Science.gov (United States)

    2012-10-01

    Marwan  Al‐Haik (Virginia Tech, Mechanical Engineering)  3‐ Claudi Luhrs (Co‐PI, UNM, Mechanical Engineering)  4‐ Hamid Garmestani (Georgia Tech, Mechanical...Taha  Army  Office  of  Research  Award:  DURIP:  High  Velocity  Impact  Equipment, May 2010.  5. Dr  Marwan   Al‐Haik  and  Dr. Mahmoud  Reda  Taha...Chavez.   Honor Undergraduate Thesis, Growth of carbon nanotubes/nanofibers on the  surface  of  carbon  fibers.  Advisor  Marwan   Al‐Haik  May  2009

  7. Energy Finance Data Warehouse Manual

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Sangkeun [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Chinthavali, Supriya [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Shankar, Mallikarjun [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Zeng, Claire [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Hendrickson, Stephen [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

    2016-11-30

    The Office of Energy Policy and Systems Analysis s finance team (EPSA-50) requires a suite of automated applications that can extract specific data from a flexible data warehouse (where datasets characterizing energy-related finance, economics and markets are maintained and integrated), perform relevant operations and creatively visualize them to provide a better understanding of what policy options affect various operators/sectors of the electricity system. In addition, the underlying data warehouse should be structured in the most effective and efficient way so that it can become increasingly valuable over time. This report describes the Energy Finance Data Warehouse (EFDW) framework that has been developed to accomplish the defined requirement above. We also specifically dive into the Sankey generator use-case scenario to explain the components of the EFDW framework and their roles. An excel-based data warehouse was used in the creation of the energy finance Sankey diagram and other detailed data finance visualizations to support energy policy analysis. The framework also captures the methodology, calculations and estimations analysts used for the calculation as well as relevant sources so newer analysts can build on work done previously.

  8. Ceramic Oxygen Generator for Carbon Dioxide Electrolysis Systems Project

    Data.gov (United States)

    National Aeronautics and Space Administration — In this SBIR Phase I proposal (Topic X9.01), NexTech Materials, Ltd. proposes to develop a high efficiency ceramic oxygen generation system which will separate O2...

  9. Greener power generation technologies. Solutions for carbon capture

    Energy Technology Data Exchange (ETDEWEB)

    Reimuth, Oliver; Kremer, Hermann; Vortmeyer, Nicolas [Siemens AG, Erlangen (Germany)

    2011-07-01

    Fossil-based power generation will continue to account for a dominant share of over 50 % in the future energy mix. In order to meet the requirements of climate protection, a combination of highly-efficient, flexible combined cycle power plants and the use of CCS in coal-based power generation will be necessary. In addition to funding of the first demonstration projects comprehensive statutory framework and public acceptance are necessary for launching CCS technology. (orig.)

  10. Statistics for Finance

    DEFF Research Database (Denmark)

    Lindström, Erik; Madsen, Henrik; Nielsen, Jan Nygaard

    Statistics for Finance develops students’ professional skills in statistics with applications in finance. Developed from the authors’ courses at the Technical University of Denmark and Lund University, the text bridges the gap between classical, rigorous treatments of financial mathematics...

  11. Statistics for Finance

    DEFF Research Database (Denmark)

    Lindström, Erik; Madsen, Henrik; Nielsen, Jan Nygaard

    Statistics for Finance develops students’ professional skills in statistics with applications in finance. Developed from the authors’ courses at the Technical University of Denmark and Lund University, the text bridges the gap between classical, rigorous treatments of financial mathematics...

  12. State Policy Initiatives for Financing Energy Efficiency in Public Buildings.

    Science.gov (United States)

    Business Officer, 1984

    1984-01-01

    Alternative financing methods (other than state financing) for developing cost-effective energy efficiency projects are discussed. It is suggested that by properly financing energy efficiency investments, state campuses can generate immediate positive cash savings. The following eight initiatives for maximizing energy savings potential are…

  13. Essays in household finance

    NARCIS (Netherlands)

    Djordjevic, Ljubica

    2015-01-01

    Household finance is a young and vibrant research field that continuously attracts public attention. There may be very few matters that people care so much about as their personal finance. Recent rise of academic interest in household finance is to a great extent due to households’ more active role

  14. SME Finance in Africa

    OpenAIRE

    Beck, T.; Cull, R

    2014-01-01

    This paper uses cross-country firm-level surveys to gauge access to financial services and the importance of financing constraints for African enterprises. The paper compares access to finance in Africa and other developing regions of the world, within Africa across countries, and across different groups of firms. It relates firms' access to finance to firm and banking system characteristi...

  15. Yellow luminescence of gallium nitride generated by carbon defect complexes.

    Science.gov (United States)

    Demchenko, D O; Diallo, I C; Reshchikov, M A

    2013-02-22

    We demonstrate that yellow luminescence often observed in both carbon-doped and pristine GaN is the result of electronic transitions via the C(N)-O(N) complex. In contrast to common isolated defects, the C(N)-O(N) complex is energetically favorable, and its calculated optical properties, such as absorption and emission energies, a zero phonon line, and the thermodynamic transition level, all show excellent agreement with measured luminescence data. Thus, by combining hybrid density functional theory and experimental measurements, we propose a solution to a long-standing problem of the GaN yellow luminescence.

  16. Photocurrent generation efficiency of a carbon nanotube pn junction

    Science.gov (United States)

    McCulley, Daniel; Aspitarte, Lee; Minot, Ethan

    Carrier multiplication effects can enhance the quantum efficiency of photovoltaic devices. For example, quantum dot solar cells have demonstrated photon-to-electron conversion efficiencies greater than 100% when photon energies exceed twice the band gap. Carbon nanotube photodiodes exhibit carrier multiplication effects (Gabor et al., Science 2009), but the quantum efficiency of such photodiodes has not previously been characterized. We have reproduced the carrier multiplication phenomena in individual CNT pn junctions and investigated the conditions under which it occurs. We will present early results quantifying the internal quantum efficiency of the process.

  17. Renovating? Take a look at the new short-term paths to financing.

    Science.gov (United States)

    Kluger, M

    1984-02-01

    A hospital's renovation project can be financed through a diversity of financing techniques. Although the traditional vehicle for hospital capital financing is long-term, fixed-rate debt, there are a growing number of short-term financing alternatives that can provide greater flexibility and generate debt service savings. The author describes some of the new short-term financing techniques, as well as the advantages and disadvantages of short- versus long-term financing.

  18. Water Finance Forum-Texas

    Science.gov (United States)

    Regional Finance Forum: Financing Resilient and Sustainable Water Infrastructure, held in Addison, Texas, September 10-11, 2015.Co-sponsored by EPA's Water Infrastructure and Resiliency Finance Center and the Environmental Finance Center Network.

  19. Quantum finance

    Science.gov (United States)

    Schaden, Martin

    2002-12-01

    Quantum theory is used to model secondary financial markets. Contrary to stochastic descriptions, the formalism emphasizes the importance of trading in determining the value of a security. All possible realizations of investors holding securities and cash is taken as the basis of the Hilbert space of market states. The temporal evolution of an isolated market is unitary in this space. Linear operators representing basic financial transactions such as cash transfer and the buying or selling of securities are constructed and simple model Hamiltonians that generate the temporal evolution due to cash flows and the trading of securities are proposed. The Hamiltonian describing financial transactions becomes local when the profit/loss from trading is small compared to the turnover. This approximation may describe a highly liquid and efficient stock market. The lognormal probability distribution for the price of a stock with a variance that is proportional to the elapsed time is reproduced for an equilibrium market. The asymptotic volatility of a stock in this case is related to the long-term probability that it is traded.

  20. Interfacial enhancement of carbon fiber composites by generation 1–3 dendritic hexamethylenetetramine functionalization

    Energy Technology Data Exchange (ETDEWEB)

    Ma, Lichun; Meng, Linghui [School of Chemical Engineering and Technology, Harbin Institute of Technology, Harbin 150001 (China); Fan, Dapeng [College of Material and Chemical Engineering, Heilongjiang Institute of Technology (China); He, Jinmei; Yu, Jiali; Qi, Meiwei; Chen, Zhongwu [School of Chemical Engineering and Technology, Harbin Institute of Technology, Harbin 150001 (China); Huang, Yudong, E-mail: ydhuang.hit1@yahoo.com.cn [School of Chemical Engineering and Technology, Harbin Institute of Technology, Harbin 150001 (China)

    2014-03-01

    Highlights: • A new chemical grafting method for carbon fibers was proposed. • The oxidation system adopts K{sub 2}S{sub 2}O{sub 8} and AgNO{sub 3}. • The interfacial shear strength (IFSS) of carbon fiber increased by 61%, and the interfacial adhesion increased with dendritic generation number. • The tensile strength of carbon fiber does not decrease distinctly. • The treatment conditions are mild and convenient. - Abstract: PAN-based carbon fibers (CF) were functionalized with generation (n) 1–3 dendritic hexamethylenetetramine (HMTA) (denoted as CF-G{sub n}-HMTA, n = 1, 2 and 3) in an attempt to improve the interfacial properties between carbon fibers and epoxy matrix. Scanning electron microscopy (SEM), X-ray photoelectron spectroscopy (XPS), dynamic contact angle analysis (DCA), interfacial shear strength (IFSS) and single fiber tensile testing were carried out to investigate the functionalization process of carbon fibers and the interfacial properties of the composites. Experimental results showed that generation (n) 1–3 dendritic hexamethylenetetramine was grafted uniformly on the fiber surface through the chemical reaction, and then it increased significantly the fiber surface polarity and roughness. The surface energy and IFSS of carbon fibers increased obviously after the graft CF-G{sub 3}-HMTA, by 147.6% and 81%, respectively. Generation (n) 1–3 dendritic hexamethylenetetramine enhanced effectively the interfacial adhesion of the composites by improving resin wettability, increasing chemical bonding and mechanical interlocking, and the interfacial adhesion increased with dendritic generation number. Moreover, the grafting of generation (n) 1–3 dendritic hexamethylenetetramine on the carbon fiber surface improved the fiber tensile strength, which is beneficial to the in-plane properties of the resulting composites.

  1. Generation of nitric oxide from nitrite by carbonic anhydrase:

    DEFF Research Database (Denmark)

    Aamand, Rasmus; Dalsgaard, Thomas; Jensen, Frank Bo;

    2009-01-01

    bicarbonate and nitrite, we hypothesized that CA uses nitrite as a substrate to produce the potent vasodilator nitric oxide (NO) to increase local blood flow to metabolically active tissues. Here we show that CA readily reacts with nitrite to generate NO, particularly at low pH, and that the NO produced...

  2. Hybrid Carbon Fibers/Carbon Nanotubes Structures for Next Generation Polymeric Composites

    Directory of Open Access Journals (Sweden)

    M. Al-Haik

    2010-01-01

    Full Text Available Pitch-based carbon fibers are commonly used to produce polymeric carbon fiber structural composites. Several investigations have reported different methods for dispersing and subsequently aligning carbon nanotubes (CNTs as a filler to reinforce polymer matrix. The significant difficulty in dispersing CNTs suggested the controlled-growth of CNTs on surfaces where they are needed. Here we compare between two techniques for depositing the catalyst iron used toward growing CNTs on pitch-based carbon fiber surfaces. Electrochemical deposition of iron using pulse voltametry is compared to DC magnetron iron sputtering. Carbon nanostructures growth was performed using a thermal CVD system. Characterization for comparison between both techniques was compared via SEM, TEM, and Raman spectroscopy analysis. It is shown that while both techniques were successful to grow CNTs on the carbon fiber surfaces, iron sputtering technique was capable of producing more uniform distribution of iron catalyst and thus multiwall carbon nanotubes (MWCNTs compared to MWCNTs grown using the electrochemical deposition of iron.

  3. Fabrication and evaluation of an electrodialytic carbonate eluent generator for ion chromatography.

    Science.gov (United States)

    Shen, Guobin; Lu, Yifei; Chen, Feifei; Zhang, Feifang; Yang, Bingcheng

    2016-10-01

    An electrodialytic potassium carbonate eluent generator and its associated potassium bicarbonate eluent generator have been fabricated for ion chromatography (IC). The device can withstand high backpressure up to ∼32MPa and no observable leakage under such pressure is found during 2h. In the range of 0-13.7mM, potassium carbonate concentration can be generated linearly with the applied current with a slope that is essentially Faradaic. At least 10mM potassium carbonate can be online changed into 10mM potassium bicarbonate via a potassium bicarbonate eluent generator, which offers an easy way to manipulate the separation selectivity. When coupled with IC system, the device demonstrated good reproducibility indicated by less than 0.52% of the relative standard deviation of the retention times.

  4. Generation of nitric oxide from nitrite by carbonic anhydrase

    DEFF Research Database (Denmark)

    Aamand, Rasmus; Dalsgaard, Thomas; Jensen, Frank B;

    2009-01-01

    In catalyzing the reversible hydration of CO2 to bicarbonate and protons, the ubiquitous enzyme carbonic anhydrase (CA) plays a crucial role in CO2 transport, in acid-base balance, and in linking local acidosis to O2 unloading from hemoglobin. Considering the structural similarity between...... in the reaction induces vasodilation in aortic rings. This reaction occurs under normoxic and hypoxic conditions and in various tissues at physiological levels of CA and nitrite. Furthermore, two specific inhibitors of the CO2 hydration, dorzolamide and acetazolamide, increase the CA-catalyzed production...... of vasoactive NO from nitrite. This enhancing effect may explain the known vasodilating effects of these drugs and indicates that CO2 and nitrite bind differently to the enzyme active site. Kinetic analyses show a higher reaction rate at high pH, suggesting that anionic nitrite participates more effectively...

  5. Nano surface generation of grinding process using carbon nano tubes

    Indian Academy of Sciences (India)

    S Prabhu; B K Vinayagam

    2010-12-01

    Nano surface finish has become an important parameter in the semiconductor, optical, electrical and mechanical industries. The materials used in these industries are classified as difficult to machine materials such as ceramics, glasses and silicon wafers. Machining of these materials up to nano accuracy is a great challenge in the manufacturing industry. Finishing of micro components such as micro-moulds, micro-lenses and micro-holes need different processing techniques. Conventional finishing methods used so far become almost impossible or cumbersome. In this paper, a nano material especially multi wall carbon nano tube is used in the machining process like grinding to improve the surface characteristics from micro to nano level.

  6. What is project finance?

    Directory of Open Access Journals (Sweden)

    João M. Pinto

    2017-05-01

    Full Text Available Project finance is the process of financing a specific economic unit that the sponsors create, in which creditors share much of the venture’s business risk and funding is obtained strictly for the project itself. Project finance creates value by reducing the costs of funding, maintaining the sponsors financial flexibility, increasing the leverage ratios, avoiding contamination risk, reducing corporate taxes, improving risk management, and reducing the costs associated with market imperfections. However, project finance transactions are complex undertakings, they have higher costs of borrowing when compared to conventional financing and the negotiation of the financing and operating agreements is time-consuming. In addition to describing the economic motivation for the use of project finance, this paper provides details on project finance characteristics and players, presents the recent trends of the project finance market and provides some statistics in relation to project finance lending activity between 2000 and 2014. Statistical analysis shows that project finance loans arranged for U.S. borrowers have higher credit spreads and upfront fees, and have higher loan size to deal size ratios when compared with loans arranged for borrowers located in W.E. On the contrary, loans closed in the U.S. have a much shorter average maturity and are much less likely to be subject to currency risk and to be closed as term loans.

  7. Carbon as a fuel for efficient electricity generation in carbon solid oxide fuel cells

    Directory of Open Access Journals (Sweden)

    Skrzypkiewicz Marek

    2016-01-01

    Full Text Available In this paper, the impact of the physicochemical properties of carbonaceous solid fuels on the performance of a direct carbon solid oxide fuel cell (DC-SOFC was investigated. High-purity synthetic carbon powders such as carbon black N-220 and Carbo Medicinalis FP5 were chosen for analytical and electrochemical investigations in a DC-SOFC. The research focussed on choosing an optimised, cost-effective, high-purity carbon powder which could be applied as a solid reference fuel for all tests performed on a single DC-SOFC cell as well as on DC-SOFC stack constructions. Most of the electrochemical investigations described in this paper were performed using square DCSOFCs with dimensions of 5 × 5 cm. The relationship between structure, physicochemical properties, and electrochemical reactivity in a DC-SOFC was analysed.

  8. Conceptual Framework and Recent Trends in Project Financing

    Directory of Open Access Journals (Sweden)

    Dr. Sunil Kumar

    2012-06-01

    Full Text Available Project financing is a non-recourse financing which provides leverage, contractual structure, creates a special purpose vehicle and considers the revenue generated by the project not the general assets of the business at the time of financing. Project financingtechnique is prominently used for mines, toll road, pipeline, power station, hospital and other infrastructure projects. Past studies show that the Public-Private-Partnership, Take-out Finance, BondFinance, Securitisation, Viability Gap Funding, and Infrastructure SPV are the prominent project finance structures being used now a day. The foremost advantage of project financing is that it is a nonrecourse financing which results in high leverage for the firms. It also helps in distributing the risk and provides efficient returns in comparison to conventional financing techniques. The shortcoming of project financing is that it is a time consumingprocess which is relatively expensive. Also, the transactions of project financing are very complex in comparison to traditional corporate financing. With the impact of privatization, deregulation and spread of globalisation project finance has emerged as a keyfinancing technique throughout the world. A year wise analysis of the project finance investment shows that in the year 2004 project finance investment rose by 466.59% over 1994. Region-wise analysis ofproject financing in the world shows that Western Europe and North America contributed nearly 53% of the total investments in the year 2000 but it was reduced to 36% only by the year 2004. Sector-wiseanalysis shows that Power sector accounted for maximum project finance followed by Infrastructure, Oil & Gas, Petrochemicals and Telecom etc. The study further reveals that project finance is catching up steadily in India because of emphasis given toinfrastructure given to infrastructure by the government. At present nearly 300 PPP projects are going on in the country.

  9. Interfacial enhancement of carbon fiber composites by generation 1-3 dendritic hexamethylenetetramine functionalization

    Science.gov (United States)

    Ma, Lichun; Meng, Linghui; Fan, Dapeng; He, Jinmei; Yu, Jiali; Qi, Meiwei; Chen, Zhongwu; Huang, Yudong

    2014-03-01

    PAN-based carbon fibers (CF) were functionalized with generation (n) 1-3 dendritic hexamethylenetetramine (HMTA) (denoted as CF-Gn-HMTA, n = 1, 2 and 3) in an attempt to improve the interfacial properties between carbon fibers and epoxy matrix. Scanning electron microscopy (SEM), X-ray photoelectron spectroscopy (XPS), dynamic contact angle analysis (DCA), interfacial shear strength (IFSS) and single fiber tensile testing were carried out to investigate the functionalization process of carbon fibers and the interfacial properties of the composites. Experimental results showed that generation (n) 1-3 dendritic hexamethylenetetramine was grafted uniformly on the fiber surface through the chemical reaction, and then it increased significantly the fiber surface polarity and roughness. The surface energy and IFSS of carbon fibers increased obviously after the graft CF-G3-HMTA, by 147.6% and 81%, respectively. Generation (n) 1-3 dendritic hexamethylenetetramine enhanced effectively the interfacial adhesion of the composites by improving resin wettability, increasing chemical bonding and mechanical interlocking, and the interfacial adhesion increased with dendritic generation number. Moreover, the grafting of generation (n) 1-3 dendritic hexamethylenetetramine on the carbon fiber surface improved the fiber tensile strength, which is beneficial to the in-plane properties of the resulting composites.

  10. Fresh Water Generation from Aquifer-Pressured Carbon Storage

    Energy Technology Data Exchange (ETDEWEB)

    Aines, R D; Wolery, T J; Bourcier, W L; Wolfe, T; Haussmann, C

    2010-02-19

    Can we use the pressure associated with sequestration to make brine into fresh water? This project is establishing the potential for using brine pressurized by Carbon Capture and Storage (CCS) operations in saline formations as the feedstock for desalination and water treatment technologies including reverse osmosis (RO) and nanofiltration (NF). Possible products are: Drinking water, Cooling water, and Extra aquifer space for CO{sub 2} storage. The conclusions are: (1) Many saline formation waters appear to be amenable to largely conventional RO treatment; (2) Thermodynamic modeling indicates that osmotic pressure is more limiting on water recovery than mineral scaling; (3) The use of thermodynamic modeling with Pitzer's equations (or Extended UNIQUAC) allows accurate estimation of osmotic pressure limits; (4) A general categorization of treatment feasibility is based on TDS has been proposed, in which brines with 10,000-85,000 mg/L are the most attractive targets; (5) Brines in this TDS range appear to be abundant (geographically and with depth) and could be targeted in planning future CCS operations (including site selection and choice of injection formation); and (6) The estimated cost of treating waters in the 10,000-85,000 mg/L TDS range is about half that for conventional seawater desalination, due to the anticipated pressure recovery.

  11. Cement Manufacturing Plant Guidelines: An Approach to Reconciling the Financing of Cement with Climate Change Objectives

    OpenAIRE

    2010-01-01

    Cement manufacturing is an energy-intensive process, requiring high fuel consumption to operate cement kilns, which in turn generates carbon dioxide (CO2). These Guidelines aim to provide clear and quantitative Minimum Climate Change Performance Criteria necessary for IDB to support projects, as well as guidance on assessing and reducing the greenhouse gas (GHG) emissions of projects. The purpose of the Cement Manufacturing Plant guidelines is to set forth an approach for the financing of new...

  12. Generation of Guanine – Thymidine Cross-links in DNA by Peroxynitrite/Carbon Dioxide

    OpenAIRE

    Yun, Byeong Hwa; Geacintov, Nicholas E.; Shafirovich, Vladimir

    2011-01-01

    Nitrosoperoxycarbonate derived from the combination of carbon dioxide and peroxynitrite, is an important chemical mediator of inflammation. In aqueous solutions, it rapidly decomposes to the reactive species CO3•− and •NO2 radicals that are known to initiate the selective oxidation and nitration of guanine in DNA. We have previously demonstrated that the reactions of carbonate radical anions with guanine in 2′-deoxyoligoribonucleotides generate a previously unknown intrastrand cross-linked gu...

  13. IF-WS2/Nanostructured Carbon Hybrids Generation and Their Characterization

    Directory of Open Access Journals (Sweden)

    Claudia C. Luhrs

    2014-05-01

    Full Text Available With the aim to develop a new generation of materials that combine either the known energy absorbing properties of carbon nanofibers (CNF, or the carbon-carbon bond strength of graphene sheets (G, with the shock resistance properties reported for Inorganic Fullerene type WS2 structures (IF-WS2, hybrid CNF/IF-WS2 and G/IF-WS2 were generated, characterized and tested. Experimentation revealed that in situ growth of carbon nanostructures with inorganic fullerene tungsten disulfide particulates had to be performed from particular precursors and fabrication conditions to avoid undesirable byproducts that hinder fiber growth or deter graphene generation. The novel protocols that allowed us to integrate the IF-WS2 with the carbon nanostructures, producing dispersions at the nanoscale, are reported. Resulting hybrid CNF/IF-WS2 and G/IF-WS2 products were analyzed by X-ray Diffraction (XRD, Scanning Electron Microscope (SEM and TEM (Transmission Electron Microscopy. The thermal stability of samples in air was evaluated by Thermogravimetric Analysis (TGA. CNF/IF-WS2 and G/IF-WS2 hybrids were introduced into epoxy matrices, and the mechanical properties of the resulting composites were analyzed using nanoindentation. Epoxy composite samples showed drastic improvements in the Young’s modulus and hardness values by the use of only 1% hybrid weight loadings. The carbon nanofiber inclusions seem to have a much greater impact on the mechanical properties of the composite than the graphene based counterparts.

  14. Hybrid Carbon Fibers/Carbon Nanotubes Structures for Next Generation Polymeric Composites

    Science.gov (United States)

    2010-01-01

    carbon fiber surfaces. Electrochemical deposition of iron using pulse voltametry is compared to DC magnetron iron sputtering. Carbon nanostructures...04 5E − 04 6E − 04 Figure 2: Cyclic Voltammogramm 0f 0.05 M FeCl3. 6H2O/KOH (pH = 3), with scan rate 50 mV/s. 0 100 200 300 400 500 600 Time (s) C u...deposition the electrolyte-electrode interface was studies to set suitable parameters for the deposition experiment. Cyclic voltammetry was utilized to set

  15. Essays in Finance and Environmental Economics

    OpenAIRE

    Becker, Thomas A.

    2010-01-01

    This dissertation is comprised of three chapters, each of which contributes to the field of behavioral finance. Two of the chapters focus on topics in environmental economics and the third on U.S. household finance. All of the papers analyze the incentives and behavior of individuals (or firms in the case of the first chapter) to provide insight into macro phenomena."The Effects of Carbon Markets on Equity Prices and Volatility" uses a firm-level dataset of carbon assets and liabilities betwe...

  16. Generation of Microcellular Biodegradable Polycaprolactone Foams in Supercritical Carbon Dioxide

    Institute of Scientific and Technical Information of China (English)

    Xu Qun; Ren Xian-wen; Chang Yu-ning; Yu Long; Wang Jing-wu

    2004-01-01

    Present now the application of microcellular polymeric materials in biomedical field is growing rapidly, as that of guided tissue regeneration and cell transplantation. As far as guided tissue regeneration is concerned, porous implants are used as size selective membrane to promote the growth of a special tissue in a healing site. Ideally, the implant should be inherently biocompatible,have well-defined cell size and be resorbable with appropriate biodegradation rates.Poly(a-caprolactone) (PCL) is a kind of materials suit for the demands above. PCL is biocompatible and biodegradable aliphatic polyester which is nontoxic for living organisms and bioresorbable after a period of implantation. Because of its unique combination of biocompatibility, permeability and biodegradability, PCL and some of its copolymer with lactides and glycolide have been widely applied in medicine as artificial skin, artificial bone and containers for sustained drug release.Goel and Beckman have reported a new method to generate microcellular poly(methy l methacrylate) foams in which the samples are saturated with CO2 under a series of supercritical (SC)conditions, and then the system is rapidly depressurized to atmospheric pressure at constant temperature. Unlike traditional methods, it reduces glass-transition temperature (Tg) of the mixture to below the experimental temperature rather than directly heat the system above Tg. In this process of nucleation, no phase separation occurs as well as no phase boundary meets, so the cellular structure of the foam can be retained better.In this work, we have generated PCL foams by using supercritical CO2. Because of the low glass transition temperature (Tg = -60 ℃) of PCL far below the ice point, the experimental temperature in our study is much higher than Tg, which is different from the studies by others before. A series of variable factors on the foam structure as saturation temperature, saturation pressure, saturation time and depressurization

  17. PRIVATE FUNDS FINANCING OF EUROPEAN HIGHER EDUCATION

    Directory of Open Access Journals (Sweden)

    MARIA MĂCRIŞ

    2010-01-01

    Full Text Available Higher education plays an important part in the European society, creating knowledge applicable to society and economy, and generating the process of economic and social evolution. Higher education institutions in Europe try to modernize both at the level of the courses they offer and at the level of their acting manner; European states as well as the private agents involved try to find out new, improved means of coordinating and financing. Starting from this idea, we would like to carry out an analysis of the manner of financing European higher education out of private funds with a view to identify new financing sources.

  18. What is Project Finance?

    OpenAIRE

    Pinto, João

    2017-01-01

    Project finance is the process of financing a specific economic unit that the sponsors create, in which creditors share much of the venture’s business risk and funding is obtained strictly for the project itself. Project finance creates value by reducing the costs of funding, maintaining the sponsors financial flexibility, increasing the leverage ratios, avoiding contamination risk, reducing corporate taxes, improving risk management, and reducing the costs associated with market ...

  19. Digitally Financed Energy

    OpenAIRE

    Waldron, Daniel; Faz, Xavier

    2016-01-01

    The expansion of digital finance systems in the developing world has altered this financial context and enabled new business models that rely on small, regular payments. In the off-grid energy sector a group of solar companies, primarily in East Africa and South Asia, are leveraging digital finance to offer pay-as-you-go (PAYG) energy. This brief explains how digital finance is enabling PA...

  20. Two-dimensional carbon-based nanocomposites for photocatalytic energy generation and environmental remediation applications.

    Science.gov (United States)

    Kumar, Suneel; Kumar, Ashish; Bahuguna, Ashish; Sharma, Vipul; Krishnan, Venkata

    2017-01-01

    In the pursuit towards the use of sunlight as a sustainable source for energy generation and environmental remediation, photocatalytic water splitting and photocatalytic pollutant degradation have recently gained significant importance. Research in this field is aimed at solving the global energy crisis and environmental issues in an ecologically-friendly way by using two of the most abundant natural resources, namely sunlight and water. Over the past few years, carbon-based nanocomposites, particularly graphene and graphitic carbon nitride, have attracted much attention as interesting materials in this field. Due to their unique chemical and physical properties, carbon-based nanocomposites have made a substantial contribution towards the generation of clean, renewable and viable forms of energy from light-based water splitting and pollutant removal. This review article provides a comprehensive overview of the recent research progress in the field of energy generation and environmental remediation using two-dimensional carbon-based nanocomposites. It begins with a brief introduction to the field, basic principles of photocatalytic water splitting for energy generation and environmental remediation, followed by the properties of carbon-based nanocomposites. Then, the development of various graphene-based nanocomposites for the above-mentioned applications is presented, wherein graphene plays different roles, including electron acceptor/transporter, cocatalyst, photocatalyst and photosensitizer. Subsequently, the development of different graphitic carbon nitride-based nanocomposites as photocatalysts for energy and environmental applications is discussed in detail. This review concludes by highlighting the advantages and challenges involved in the use of two-dimensional carbon-based nanocomposites for photocatalysis. Finally, the future perspectives of research in this field are also briefly mentioned.

  1. 试析我国商业银行发展低碳金融的风险及对策%Risks and Countermeasures of China’s Commercial Banks’ Development of Low-carbon Finance in an International Perspective

    Institute of Scientific and Technical Information of China (English)

    王燕

    2013-01-01

    近些年来,发展低碳经济已经成为包括我国在内的世界各国(地区)寻求持续发展的重要战略选择,在这一背景下,对环境不利的劣质信贷使得商业银行面临的信贷风险、声誉风险和诉讼风险急剧增加,为了规避这些风险,实现经营战略转型和提高竞争力,国际主流商业银行纷纷开发有利于低碳经济发展的金融业务和金融产品,从而促使碳金融业务成为国际金融领域内又一新的竞争热点。因此,我国商业银行应树立可持续发展理念,培养专业人才,政府应加大政策激励与扶持力度,打造发达的碳交易市场和中介服务机构,以促进我国商业银行碳金融业务的快速发展。%In recent years,developing low-carbon economy has become an important strategic choice for all the countries and regions,including China,to seek sustainable development.In this context,due to inferior credits unfavorable to the banking milieu,the risks of credit,reputation and lawsuit confronting commercial banks have increased dramatically.To evade such risks so as to achieve their strategic trans-formation and to enhance their competitiveness,international main commercial banks have developed one after another their financial services and products favorable to low-economy development,thus making carbon finance become another new hot competition in international finance.Therefore,China’s commer-cial banks should establish the concept of sustainable development and train professionals while our gov-ernment should increase more policy incentives and supports in building a well-developed carbon trading market and intermediary service agencies so as to accelerate the development of carbon finance business of commercial banks in our country.

  2. Emission reduction of NOx, PM, PM-carbon, and PAHs from a generator fuelled by biodieselhols.

    Science.gov (United States)

    Tsai, Jen-Hsiung; Chen, Shui-Jen; Huang, Kuo-Lin; Lin, Wen-Yinn; Lee, Wen-Jhy; Chao, How-Ran; Lin, Chih-Chung; Hsieh, Lien-Te

    2014-06-15

    This investigation examines the particulate matter (PM), particulate carbon, polycyclic aromatic hydrocarbons (PAHs), and nitrogen oxides (NOx) emitted from a generator fueled by petroleum diesel blended with waste-edible-oil-biodiesel and water-containing acetone. Experimental results show that using biodieselhols with water-containing (or pure) acetone as the fuel of generator, in comparison to using petroleum diesel, significantly reduces PM emission; roughly, this reduction increased as percentage of water-containing acetone increased. When the percentages of waste-edible-oil-biodiesel were ≤ 5 vol%, adding pure or water-containing acetone (1-3 vol%) to biodieselhols generated emission reductions of NOx, PM, particle-bound organic carbon (OC), total-PAHs, and total-BaPeq. Consequently, using water-containing acetone biodieselhols as an alternative generator fuel is feasible and helps recycle and reuse waste solvents containing water-containing acetone.

  3. Modeling and assessing international climate financing

    Science.gov (United States)

    Wu, Jing; Tang, Lichun; Mohamed, Rayman; Zhu, Qianting; Wang, Zheng

    2016-06-01

    Climate financing is a key issue in current negotiations on climate protection. This study establishes a climate financing model based on a mechanism in which donor countries set up funds for climate financing and recipient countries use the funds exclusively for carbon emission reduction. The burden-sharing principles are based on GDP, historical emissions, and consumptionbased emissions. Using this model, we develop and analyze a series of scenario simulations, including a financing program negotiated at the Cancun Climate Change Conference (2010) and several subsequent programs. Results show that sustained climate financing can help to combat global climate change. However, the Cancun Agreements are projected to result in a reduction of only 0.01°C in global warming by 2100 compared to the scenario without climate financing. Longer-term climate financing programs should be established to achieve more significant benefits. Our model and simulations also show that climate financing has economic benefits for developing countries. Developed countries will suffer a slight GDP loss in the early stages of climate financing, but the longterm economic growth and the eventual benefits of climate mitigation will compensate for this slight loss. Different burden-sharing principles have very similar effects on global temperature change and economic growth of recipient countries, but they do result in differences in GDP changes for Japan and the FSU. The GDP-based principle results in a larger share of financial burden for Japan, while the historical emissions-based principle results in a larger share of financial burden for the FSU. A larger burden share leads to a greater GDP loss.

  4. Comparison of adsorption behavior of PCDD/Fs on carbon nanotubes and activated carbons in a bench-scale dioxin generating system.

    Science.gov (United States)

    Zhou, Xujian; Li, Xiaodong; Xu, Shuaixi; Zhao, Xiyuan; Ni, Mingjiang; Cen, Kefa

    2015-07-01

    Porous carbon-based materials are commonly used to remove various organic and inorganic pollutants from gaseous and liquid effluents and products. In this study, the adsorption of dioxins on both activated carbons and multi-walled carbon nanotube was internally compared, via series of bench scale experiments. A laboratory-scale dioxin generator was applied to generate PCDD/Fs with constant concentration (8.3 ng I-TEQ/Nm(3)). The results confirm that high-chlorinated congeners are more easily adsorbed on both activated carbons and carbon nanotubes than low-chlorinated congeners. Carbon nanotubes also achieved higher adsorption efficiency than activated carbons even though they have smaller BET-surface. Carbon nanotubes reached the total removal efficiency over 86.8 % to be compared with removal efficiencies of only 70.0 and 54.2 % for the two other activated carbons tested. In addition, because of different adsorption mechanisms, the removal efficiencies of carbon nanotubes dropped more slowly with time than was the case for activated carbons. It could be attributed to the abundant mesopores distributed in the surface of carbon nanotubes. They enhanced the pore filled process of dioxin molecules during adsorption. In addition, strong interactions between the two benzene rings of dioxin molecules and the hexagonal arrays of carbon atoms in the surface make carbon nanotubes have bigger adsorption capacity.

  5. The International Finance Corporation and financing of sustainable energy

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-12-01

    The International Finance Corporation (IFC), a member of the World Bank Group, is the largest multilateral source of loan and equity financing for private sector projects in the developing world. IFC participates in an investment only when it can make a special contribution that complements the role of market operators. Since its founding 40 years ago, IFC has provided more than $18.8 billion in financing for 1,706 companies in developing countries. Its share capital is provided by its 170 member countries, which collectively determine its policies and activities. Strong shareholder support and a substantial paid-in capital base have allowed IFC to raise funds for its lending activities through its triple-A rated bond issues in international financial markets. IFC created an Infrastructure Department in 1992 in response to the growing demand for its services in this area. During fiscal 1996 IFC approved 33 projects for new investments of $715 million of which 27% were in the power sector. In recognition of the continuing demand growth for private power investments an expanded Power Department has been formed to handle IFC`s investments in electric power generation projects using renewable resources such as: run-of-the-river hydro, geothermal, biomass cogeneration, wind energy, and solar (photovoltaic, solar thermal, etc.), as well as conventional thermal generation projects, transmission and distribution projects, and energy efficiency investments.

  6. Counting the cost of carbon. Low carbon economy index 2011

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-11-15

    Achieving the rates of decarbonisation needed to stay within the 2 degrees target agreed by governments in Cancun in 20101 requires a revolution in the way the world produces and uses energy. A transformation in financing will also be necessary to achieve the transition at the scale and speed needed. PwC published the first Low Carbon Economy Index ahead of the COP15 in Copenhagen, 2009. This looked at the progress of the G20 economies against a 2000-based carbon budget estimated by PwC. Carbon intensity is our preferred metric for analysing countries' movements towards a low carbon economy, as it accounts for expected economic growth, and can generate comparable targets. The carbon intensity of an economy is the emissions per unit of GDP and is affected by a country's fuel mix, energy efficiency and the proportion of industrial versus service sectors. Since COP 16 in Cancun, there has been an increasing focus on the cost of meeting the low carbon challenge and raising the capital required to finance it. This year's Low Carbon Economy Index focuses on this global financing gap and the reforms that might help to fill it. In section one we present our analysis of economic and emissions growth and ask whether we are decarbonising fast enough. The second section asks how much it will cost and can we afford it. We highlight the global financing gap, and focus on efforts to increase low carbon generation in the UK and South Africa. The report concludes by outlining some steps that could be taken to help meet the low carbon challenge.

  7. Reactions of carbon radicals generated by 1,5-transposition of reactive centers

    Directory of Open Access Journals (Sweden)

    ZIVORAD CEKOVIC

    2005-03-01

    Full Text Available Radical intermediates can undergo specific reactions, such as intramolecular rearrangements, i.e., the transpositions of radical centers, which are not known in classical ionic organic reactions. 1,5-Transposition of a radical center to a non-activated carbon atom are of great synthetic importance. It can be successfully applied for the introduction of different functional groups (oxygen, nitrogen, sulfur, halogens onto a carbon atom remote from the present functional group. In addition to functionalization of a remote non-activated carbon atom, the formation of new C-C bonds on the d-carbon atom have also been achieved. 1,5-Transposition of the radical centers takes place from alkoxyl, aminyl and carbon radicals to a remote carbon atom. Relocation of the radical centers preferentially involves 1,5-transfer of a hydrogen atom, although migrations of some other groups are known. The reactions of the carbon radical generated by 1,5-relocation of the radical center are presented and their synthetic applications are reviewed.

  8. Synthesis and applications of carbon nanomaterials for energy generation and storage

    Directory of Open Access Journals (Sweden)

    Marco Notarianni

    2016-02-01

    Full Text Available The world is facing an energy crisis due to exponential population growth and limited availability of fossil fuels. Over the last 20 years, carbon, one of the most abundant materials found on earth, and its allotrope forms such as fullerenes, carbon nanotubes and graphene have been proposed as sources of energy generation and storage because of their extraordinary properties and ease of production. Various approaches for the synthesis and incorporation of carbon nanomaterials in organic photovoltaics and supercapacitors have been reviewed and discussed in this work, highlighting their benefits as compared to other materials commonly used in these devices. The use of fullerenes, carbon nanotubes and graphene in organic photovoltaics and supercapacitors is described in detail, explaining how their remarkable properties can enhance the efficiency of solar cells and energy storage in supercapacitors. Fullerenes, carbon nanotubes and graphene have all been included in solar cells with interesting results, although a number of problems are still to be overcome in order to achieve high efficiency and stability. However, the flexibility and the low cost of these materials provide the opportunity for many applications such as wearable and disposable electronics or mobile charging. The application of carbon nanotubes and graphene to supercapacitors is also discussed and reviewed in this work. Carbon nanotubes, in combination with graphene, can create a more porous film with extraordinary capacitive performance, paving the way to many practical applications from mobile phones to electric cars. In conclusion, we show that carbon nanomaterials, developed by inexpensive synthesis and process methods such as printing and roll-to-roll techniques, are ideal for the development of flexible devices for energy generation and storage – the key to the portable electronics of the future.

  9. Synthesis and applications of carbon nanomaterials for energy generation and storage.

    Science.gov (United States)

    Notarianni, Marco; Liu, Jinzhang; Vernon, Kristy; Motta, Nunzio

    2016-01-01

    The world is facing an energy crisis due to exponential population growth and limited availability of fossil fuels. Over the last 20 years, carbon, one of the most abundant materials found on earth, and its allotrope forms such as fullerenes, carbon nanotubes and graphene have been proposed as sources of energy generation and storage because of their extraordinary properties and ease of production. Various approaches for the synthesis and incorporation of carbon nanomaterials in organic photovoltaics and supercapacitors have been reviewed and discussed in this work, highlighting their benefits as compared to other materials commonly used in these devices. The use of fullerenes, carbon nanotubes and graphene in organic photovoltaics and supercapacitors is described in detail, explaining how their remarkable properties can enhance the efficiency of solar cells and energy storage in supercapacitors. Fullerenes, carbon nanotubes and graphene have all been included in solar cells with interesting results, although a number of problems are still to be overcome in order to achieve high efficiency and stability. However, the flexibility and the low cost of these materials provide the opportunity for many applications such as wearable and disposable electronics or mobile charging. The application of carbon nanotubes and graphene to supercapacitors is also discussed and reviewed in this work. Carbon nanotubes, in combination with graphene, can create a more porous film with extraordinary capacitive performance, paving the way to many practical applications from mobile phones to electric cars. In conclusion, we show that carbon nanomaterials, developed by inexpensive synthesis and process methods such as printing and roll-to-roll techniques, are ideal for the development of flexible devices for energy generation and storage - the key to the portable electronics of the future.

  10. Geothermal Financing Workbook

    Energy Technology Data Exchange (ETDEWEB)

    Battocletti, E.C.

    1998-02-01

    This report was prepared to help small firm search for financing for geothermal energy projects. There are various financial and economics formulas. Costs of some small overseas geothermal power projects are shown. There is much discussion of possible sources of financing, especially for overseas projects. (DJE-2005)

  11. Solar thermal financing guidebook

    Energy Technology Data Exchange (ETDEWEB)

    Williams, T.A.; Cole, R.J.; Brown, D.R.; Dirks, J.A.; Edelhertz, H.; Holmlund, I.; Malhotra, S.; Smith, S.A.; Sommers, P.; Willke, T.L.

    1983-05-01

    This guidebook contains information on alternative financing methods that could be used to develop solar thermal systems. The financing arrangements discussed include several lease alternatives, joint venture financing, R and D partnerships, industrial revenue bonds, and ordinary sales. In many situations, alternative financing arrangements can significantly enhance the economic attractiveness of solar thermal investments by providing a means to efficiently allocate elements of risk, return on investment, required capital investment, and tax benefits. A net present value approach is an appropriate method that can be used to investigate the economic attractiveness of alternative financing methods. Although other methods are applicable, the net present value approach has advantages of accounting for the time value of money, yielding a single valued solution to the financial analysis, focusing attention on the opportunity cost of capital, and being a commonly understood concept that is relatively simple to apply. A personal computer model for quickly assessing the present value of investments in solar thermal plants with alternative financing methods is presented in this guidebook. General types of financing arrangements that may be desirable for an individual can be chosen based on an assessment of his goals in investing in solar thermal systems and knowledge of the individual's tax situation. Once general financing arrangements have been selected, a screening analysis can quickly determine if the solar investment is worthy of detailed study.

  12. When Art & Finance Collide

    Institute of Scientific and Technical Information of China (English)

    2011-01-01

    Fine art and big finance are proving a profitable combination in China but questions of authenticity need to be addressed CHINA’S art market is on fire.As sales and prices break records,a new force has appeared in the market - organized art finance in the form of art trust funds and artwork exchanges.

  13. POST BEHAVIORAL FINANCE ADOLESCENCE

    Directory of Open Access Journals (Sweden)

    ADRIAN MITROI

    2016-12-01

    Full Text Available The study of behavioral finance combines the investigation and expertise from research and practice into smart portfolios of individual investors’ portfolios. Understanding cognitive errors and misleading emotions drive investors to their long-term goals of financial prosperity and capital preservation. 10 years ago, Behavioral Finance was still considered an incipient, adolescent science. First Nobel Prize in Economics awarded to the study of Behavioral Economics in 2002 established the field as a new, respected study of economics. 2013 Nobel Prize was awarded to three economists, one of them considered the one of the founders of the Behavioral Finance. As such, by now we are entering the coming of age of behavioral finance. It is now recognized as a science of understanding investors behaviors and their biased patterns. It applies quantitative finance and provides practical models grounded on robust understanding of investors behavior toward financial risk. Financial Personality influences investment decisions. Behavioral portfolio construction methods combine classic finance with rigorously quantified psychological metrics and improves models for financial advice to enhance investors chances in reaching their lifetime financial goals. Behavioral finance helps understanding psychological profile dissimilarities of individuals and how these differences manifest in investment decision process. This new science has become now a must topic in modern finance.

  14. Caring finance practices

    NARCIS (Netherlands)

    I.P. van Staveren (Irene)

    2013-01-01

    textabstractThe 2008 financial crisis has demonstrated the failure of both utilitarian and deontological ethics in finance. Alternatives do not need to be created from nothing, because the crisis itself has stimulated the emergence of ethically sound finance practices from within the sector. This ar

  15. Public Library Finance.

    Science.gov (United States)

    Mason, Marilyn Gell

    This study reviews trends in public library finance; examines recent political, economic, and technological changes; and assesses the impact of these changes on public library services. A history of the public library in America is presented, as well as an analysis of the principles of economics and public finance which reveals that current…

  16. Caring finance practices

    NARCIS (Netherlands)

    I.P. van Staveren (Irene)

    2013-01-01

    textabstractThe 2008 financial crisis has demonstrated the failure of both utilitarian and deontological ethics in finance. Alternatives do not need to be created from nothing, because the crisis itself has stimulated the emergence of ethically sound finance practices from within the sector. This

  17. Public Education Finances, 2006

    Science.gov (United States)

    US Census Bureau, 2008

    2008-01-01

    The United States Census Bureau conducts an Annual Survey of Government Finances as authorized by law under Title 13, United States Code, Section 182. The 2006 survey, similar to other annual surveys and censuses of governments conducted for many years, covers the entire range of government finance activities--revenue, expenditure, debt, and…

  18. Public Education Finances, 2008

    Science.gov (United States)

    US Census Bureau, 2010

    2010-01-01

    The United States Census Bureau conducts an Annual Survey of Government Finances as authorized by law under Title 13, United States Code, Section 182. The 2008 survey, similar to other annual surveys and censuses of governments conducted for many years, covers the entire range of government finance activities--revenue, expenditure, debt, and…

  19. Public Education Finances, 2007

    Science.gov (United States)

    US Census Bureau, 2009

    2009-01-01

    Every five years, the U.S. Census Bureau conducts a Census of Government Finance, as authorized by law under Title 13, U.S. Code, Section 182. The 2007 Census, similar to annual surveys and censuses of governments conducted for many years, covers the entire range of government finance activities--revenue, expenditure, debt, and assets (cash and…

  20. Public Education Finances, 2003

    Science.gov (United States)

    US Department of Commerce, 2005

    2005-01-01

    The United States Census Bureau conducts an Annual Survey of Government Finances as authorized by law under Title 13, United States Code, Section 182. The 2003 survey, similar to other annual surveys and censuses of governments conducted for many years, covers the entire range of government finance activities--revenue, expenditure, debt, and…

  1. Public Education Finances, 2005

    Science.gov (United States)

    US Census Bureau, 2007

    2007-01-01

    The United States Census Bureau conducts an Annual Survey of Government Finances as authorized by law under Title 13, United States Code, Section 182. The 2005 survey, similar to other annual surveys and censuses of governments conducted for many years, covers the entire range of government finance activities--revenue, expenditure, debt, and…

  2. Debt Financing: Academia's Funding Alternative.

    Science.gov (United States)

    Baum, Rudy M.

    1981-01-01

    Discusses debt financing as a way to help universities alleviate the problems of obsolete scientific equipment and facilities for research. Reviews several forms of tax-exempt financing and takes note of some of the advantages of debt financing. (CS)

  3. Water Finance Forum - New Jersey

    Science.gov (United States)

    Presentations and materials from the Regional Finance Forum, Financing Resilient and Sustainable Water Infrastructure, held in Iselin, New Jersey, on December 2, 2015. The forum was co-sponsored by EPA's Water Infrastructure and Resiliency Finance Center,

  4. Private Housing or Alternative Financing?

    Science.gov (United States)

    Bruno, Nick

    1999-01-01

    Explores the history of privatizing university housing and some current financing options, including use of developer and private foundations. Examples of successful alternative financing methods are highlighted. (GR)

  5. Generation of quasi-monoenergetic carbon ions accelerated parallel to the plane of a sandwich target

    Energy Technology Data Exchange (ETDEWEB)

    Wang, J. W., E-mail: wang-jw@ile.osaka-u.ac.jp [Institute of Laser Engineering, Osaka University, Osaka 565-0871 (Japan); Shanghai Institute of Optics and Fine Mechanics, Chinese Academy of Sciences, Shanghai 201800 (China); Murakami, M.; Weng, S. M. [Institute of Laser Engineering, Osaka University, Osaka 565-0871 (Japan); Xu, H. [National Laboratory for Parallel and Distributed Processing, School of Computer Science, National University of Defense Technology, Changsha 410073 (China); Ju, J. J.; Luan, S. X.; Yu, W. [Shanghai Institute of Optics and Fine Mechanics, Chinese Academy of Sciences, Shanghai 201800 (China)

    2014-12-15

    A new ion acceleration scheme, namely, target parallel Coulomb acceleration, is proposed in which a carbon plate sandwiched between gold layers is irradiated with intense linearly polarized laser pulses. The high electrostatic field generated by the gold ions efficiently accelerates the embedded carbon ions parallel to the plane of the target. The ion beam is found to be collimated by the concave-shaped Coulomb potential. As a result, a quasi-monoenergetic and collimated C{sup 6+}-ion beam with an energy exceeding 10 MeV/nucleon is produced at a laser intensity of 5 × 10{sup 19} W/cm{sup 2}.

  6. [Involvement of carbonate/bicarbonate ions in the superoxide-generating reaction of adrenaline autoxidation].

    Science.gov (United States)

    Sirota, T V

    2015-01-01

    An important role of carbonate/bicarbonate ions has been recognized in the superoxide generating reaction of adrenaline autooxidation in an alkaline buffer (a model of quinoid adrenaline oxidation in the body). It is suggested that these ions are directly involved not only in formation of superoxide anion radical (О(2)(-)) but also other radicals derived from the carbonate/bicarbonate buffer. Using various buffers it was shown that the rate of accumulation of adrenochrome, the end product of adrenaline oxidation, and the rate of О(2)(-)· formation depend on concentration of carbonate/bicarbonate ions in the buffer and that these ions significantly accelerate adrenaline autooxidation thus demonstrating prooxidant properties. The detectable amount of diformazan, the product of nitro blue tetrazolium (NBT) reduction, was significantly higher than the amount of adrenochrome formed; taking into consideration the literature data on О(2)(-)· detection by NBT it is suggested that adrenaline autooxidation is accompanied by one-electron reduction not only of oxygen dissolved in the buffer and responsible for superoxide formation but possible carbon dioxide also dissolved in the buffer as well as carbonate/bicarbonate buffer components leading to formation of corresponding radicals. The plots of the dependence of the inhibition of adrenochrome and diformazan formation on the superoxide dismutase concentration have shown that not only superoxide radicals are formed during adrenaline autooxidation. Since carbonate/bicarbonate ions are known to be universally present in the living nature, their involvement in free radical processes proceeding in the organism is discussed.

  7. PM, carbon, and PAH emissions from a diesel generator fuelled with soy-biodiesel blends.

    Science.gov (United States)

    Tsai, Jen-Hsiung; Chen, Shui-Jen; Huang, Kuo-Lin; Lin, Yuan-Chung; Lee, Wen-Jhy; Lin, Chih-Chung; Lin, Wen-Yinn

    2010-07-15

    Biodiesels have received increasing attention as alternative fuels for diesel engines and generators. This study investigates the emissions of particulate matter (PM), total carbon (TC), e.g., organic/elemental carbons, and polycyclic aromatic hydrocarbons (PAHs) from a diesel generator fuelled with soy-biodiesel blends. Among the tested diesel blends (B0, B10 (10 vol% soy-biodiesel), B20, and B50), B20 exhibited the lowest PM emission concentration despite the loads (except the 5 kW case), whereas B10 displayed lower PM emission factors when operating at 0 and 10 kW than the other fuel blends. The emission concentrations or factors of EC, OC, and TC were the lowest when B10 or B20 was used regardless of the loading. Under all tested loads, the average concentrations of total-PAHs emitted from the generator using the B10 and B20 were lower (by 38% and 28%, respectively) than those using pure petroleum diesel fuel (B0), while the emission factors of total-PAHs decreased with an increasing ratio of biodiesel to premium diesel. With an increasing loading, although the brake specific fuel consumption decreased, the energy efficiency increased despite the bio/petroleum diesel ratio. Therefore, soy-biodiesel is promising for use as an alternative fuel for diesel generators to increase energy efficiency and reduce the PM, carbon, and PAH emissions.

  8. Essays in Household Finance

    DEFF Research Database (Denmark)

    Hanspal, Tobin

    This Ph.D. thesis, entitled Essays in Household Finance, analyzes the determinants and implications of investment biases, personal experiences in financial markets, and financing disruptions on households, individual investors, and entrepreneurs and small business owners. The first essay...... on risk taking is the potential bias resulting from inertia and inattention, which has been shown to be endemic in household finance. If individuals are inert or inattentive, it is difficult to establish whether changes in risk taking are caused by personal experiences or whether the change in risk taking...

  9. Essays in Household Finance

    DEFF Research Database (Denmark)

    Hanspal, Tobin

    This Ph.D. thesis, entitled Essays in Household Finance, analyzes the determinants and implications of investment biases, personal experiences in financial markets, and financing disruptions on households, individual investors, and entrepreneurs and small business owners. The first essay...... on risk taking is the potential bias resulting from inertia and inattention, which has been shown to be endemic in household finance. If individuals are inert or inattentive, it is difficult to establish whether changes in risk taking are caused by personal experiences or whether the change in risk taking...

  10. Financing Sustainable Small-Scale Forestry: Lessons from Developing National Forest Financing Strategies in Latin America

    Directory of Open Access Journals (Sweden)

    Herman Savenije

    2010-12-01

    Full Text Available The problems that hamper the financing of sustainable forest management (SFM are manifold and complex. However, forestry is also facing unprecedented opportunities. The multiple functions and values of forests are increasingly recognized as part of the solution to pressing global issues (e.g., climate change, energy scarcity, poverty, environmental degradation, biodiversity loss and raw material supply. Emerging initiatives to enhance forest carbon stocks and cut greenhouse gas emissions associated with forest clearing (known as REDD+, together with voluntary carbon markets, are offering additional funding options for SFM. Indigenous peoples, local communities and small scale farmers feature as key players in the discourse on implementing such initiatives. Based on the experience of countries developing national forest financing strategies and instruments, we suggest the following points be considered when financing such initiatives, particularly for small scale forestry: (1 Integrate financing of REDD+ and similar initiatives within broader national strategies for SFM financing; (2 Design REDD+ finance mechanisms that are ‘community ready’, i.e., tailored to local realities; (3 Consider existing livelihood strategies as the starting point; (4 Build on existing structures, but be mindful of their strengths and weaknesses; (5 Be strategic with your priority actions; and (6 Promote innovation, knowledge sharing and information exchange.

  11. Carbon and hydrogen isotopic composition and generation pathway of biogenic gas in China

    Institute of Scientific and Technical Information of China (English)

    SHEN Ping; WANG Xiaofeng; XU Yin; SHI Baoguang; XU Yongchang

    2009-01-01

    The carbon and hydrogen isotopic composition of biogenic gas is of great importance for the study of its generation pathway and reservoiring characteristics. In this paper, the formation pathways and reservoiring characteristics of biogenic gas reservoirs in China are described in terms of the carbon and hydrogen isotopic compositions of 31 gas samples from 10 biogenic gas reservoirs. The study shows that the hydrogen isotopic compositions of these biogenic gas reservoirs can be divided into three intervals:δDCH4>-200‰,-250‰<δDCH4<-200‰ and δDCH4<-250‰. The forerunners believed that the main generation pathway of biogenic gas under the condition of continental fresh water is acetic fermentation. Our research results showed that the generation pathway of biogenic gas under the condition of marine facies is typical CO2- reduction, the biogenic gas has heavy hydrogen isotopic composition: its δDCH4 values are higher than -200‰; that the biogenic gas under the condition of continental facies also was generated by the same way, but its hydrogen isotopic composition is lighter than that of biogenetic gas generated under typical marine facies condition: -250‰<δDCH4<-200‰, the δDCH4 values may be related to the salinity of the water medium in ancient lakes. From the relevant data of the Qaidam Basin, it can be seen that the hydrogen isotopic composition of biogenic methane has the same variation trend with increasing salinity of water medium. There are biogenic gas reservoirs formed in transitional regions under the condition of continental facies. These gas reservoirs resulted from both CO2- reduction and acetic fermentation, the formation of which may be related to the non-variant salinity of ancient water medium and the relatively high geothermal gradient, as is the case encountered in the Baoshan Basin. The biogenic gas generating in these regions has light hydrogen isotopic composition: δDCH4<-250‰, and relatively heavy carbon isotopic

  12. Oxy-fuel combustion for power generation and carbon dioxide (CO2) capture

    Energy Technology Data Exchange (ETDEWEB)

    Zheng, Ligang (ed.) [Canmet, Natural Resources Canada, Ottawa, Ontario (Canada)], email: lzheng@nrcan-rncan.gc.ca

    2011-07-01

    An important part of the world's electricity is produced from coal. It is a predominant resource for power generation because of its abundance and world-wide distribution. However the use of coal results in emissions of carbon monoxide, oxides of sulphur and nitrogen (NOx) and particle matter which have a negative impact on the environment. In order to reduce CO2 emissions, the plant's efficiency can be increased or the carbon can be captured, liquefied, and transported to an underground storage site through the carbon capture and storage (CCS) process. Three options can be used for CCS; oxy-fuel combustion is the most promising as it does not require CO2 separation. This book presents the oxy-fuel combustion technology, its current state, development needs and prospective timeline. The book's 15 chapters were all analyzed separately for inclusion in this database.

  13. Collisionless shocks driven by 800 nm laser pulses generate high-energy carbon ions

    Energy Technology Data Exchange (ETDEWEB)

    Zhang, H.; Shen, B. F., E-mail: bfshen@mail.shcnc.ac.cn; Wang, W. P.; Xu, Y.; Liu, Y. Q.; Liang, X. Y.; Leng, Y. X.; Li, R. X., E-mail: ruxinli@mail.shcnc.ac.cn; Xu, Z. Z. [State Key Laboratory of High Filed Laser Physics, Shanghai Institute of Optics and Fine Mechanics, Chinese Academy of Sciences, Shanghai 201800 (China); Yan, X. Q.; Chen, J. E. [State Key Laboratory of Nuclear Physics and Technology, Institute of Heavy Ion Physics, Peking University, Beijing 100871 (China)

    2015-01-15

    We present experimental studies on ion acceleration from diamond-like carbon (DLC) foils irradiated by 800 nm, linearly polarized laser pulses with peak intensity of 1.7 × 10{sup 19 }W/cm{sup 2} to 3.5 × 10{sup 19 }W/cm{sup 2} at oblique incidence. Diamond-like carbon foils are heated by the prepulse of a high-contrast laser pulse and expand to form plasmas of near-critical density caused by thermal effect before the arrival of the main pulse. It is demonstrated that carbon ions are accelerated by a collisionless shock wave in slightly overdense plasma excited by forward-moving hot electrons generated by the main pulse.

  14. Access to finance from different finance provider types

    NARCIS (Netherlands)

    Wulandari, Eliana; Meuwissen, Miranda P.M.; Karmana, Maman H.; Oude Lansink, Alfons G.J.M.

    2017-01-01

    Analysing farmer knowledge of the requirements of finance providers can provide valuable insights to policy makers about ways to improve farmers’ access to finance. This study compares farmer knowledge of the requirements to obtain finance with the actual requirements set by different finance

  15. Scaling up climate finance for sustainable infrastructure in developing cities

    Energy Technology Data Exchange (ETDEWEB)

    Li, Jun

    2010-09-15

    This article investigates the role of carbon finance and seeks to establish a policy framework that allows reorientation of upfront investment in urban infrastructure for facilitating transition towards low-carbon development trajectory in developing cities. It draws on an in-depth exploration of different climate finance mechanisms and their applicability in the context of fast urbanization. We suggest an integrated approach should be adopted to aggregate city-based multiple individual GHG mitigation projects dealing with buildings and transport efficiency. The sectoral approach and NAMAs-based financing schemes be included in post-Kyoto regime for shifting the current trajectories in fast growing developing cities.

  16. Electricity generation from carbon monoxide and syngas in a microbial fuel cell.

    Science.gov (United States)

    Hussain, Abid; Guiot, Serge R; Mehta, Punita; Raghavan, Vijaya; Tartakovsky, Boris

    2011-05-01

    Electricity generation in microbial fuel cells (MFCs) has been a subject of significant research efforts. MFCs employ the ability of electricigenic bacteria to oxidize organic substrates using an electrode as an electron acceptor. While MFC application for electricity production from a variety of organic sources has been demonstrated, very little research on electricity production from carbon monoxide and synthesis gas (syngas) in an MFC has been reported. Although most of the syngas today is produced from non-renewable sources, syngas production from renewable biomass or poorly degradable organic matter makes energy generation from syngas a sustainable process, which combines energy production with the reprocessing of solid wastes. An MFC-based process of syngas conversion to electricity might offer a number of advantages such as high Coulombic efficiency and biocatalytic activity in the presence of carbon monoxide and sulfur components. This paper presents a discussion on microorganisms and reactor designs that can be used for operating an MFC on syngas.

  17. Hydrothermal Carbonization of Spent Osmotic Solution (SOS Generated from Osmotic Dehydration of Blueberries

    Directory of Open Access Journals (Sweden)

    Kaushlendra Singh

    2014-09-01

    Full Text Available Hydrothermal carbonization of spent osmotic solution (SOS, a waste generated from osmotic dehydration of fruits, has the potential of transformation into hydrochars, a value-added product, while reducing cost and overall greenhouse gas emissions associated with waste disposal. Osmotic solution (OS and spent osmotic solution (SOS generated from the osmotic dehydration of blueberries were compared for their thermo-chemical decomposition behavior and hydrothermal carbonization. OS and SOS samples were characterized for total solids, elemental composition, and thermo-gravimetric analysis (TGA. In addition, hydrothermal carbonization was performed at 250 °C and for 30 min to produce hydrochars. The hydrochars were characterized for elemental composition, Brunauer-Emmett-Teller (BET surface area, particle shape and surface morphology. TGA results show that the SOS sample loses more weight in the lower temperature range than the OS sample. Both samples produced, approximately, 40%–42% (wet-feed basis hydrochar during hydrothermal carbonization but with different properties. The OS sample produced hydrochar, which had spherical particles of 1.79 ± 1.30 μm diameter with a very smooth surface. In contrast, the SOS sample produced hydrochar with no definite particle shape but with a raspberry-like surface.

  18. Guidebook to financing CDM projects

    Energy Technology Data Exchange (ETDEWEB)

    Kamel, S.

    2007-07-01

    One of the challenges facing Clean Development Mechanism (CDM) projects today is their limited ability to secure financing for the underlying greenhouse gas emission reduction activities, particularly in the least developed countries. Among the key reasons for this is the fact that most financial intermediaries in the CDM host countries have limited or no knowledge of the CDM Modalities and Procedures. Moreover, approaches, tools and skills for CDM project appraisal are lacking or are asymmetrical to the skills in comparable institutions in developed countries. Consequently, developing country financial institutions are unable to properly evaluate the risks and rewards associated with investing or lending to developers undertaking CDM projects, and therefore have, by-and-large, refrained from financing these projects. In addition, some potential project proponents lack experience in structuring arrangements for financing a project. This Guidebook - commissioned by the UNEP Risoe Centre as part of the activities of the Capacity Development for CDM (CD4CDM) project (http://www.cd4cdm.org) - addresses these barriers by providing information aimed at both developing country financial institutions and at CDM project proponents. It should be noted that while the Guidebook was developed particularly with the CDM in mind, most sections will also be relevant for Joint Implementation (JI) project activities. For more detailed information on JI modalities and procedures please consult: http://ji.unfccc.int The purpose of this Guidebook is two-fold: 1) To guide project developers on obtaining financing for the implementation of activities eligible under the CDM; and 2) To demonstrate to developing country financial institutions typical approaches and methods for appraising the viability of CDM projects and for optimally integrating carbon revenue into overall project financing. The target audiences for the Guidebook are therefore, primarily: 1) CDM project proponents in

  19. Interacting agents in finance

    NARCIS (Netherlands)

    C. Hommes

    2008-01-01

    Interacting agents in finance represent a behavioural, agent-based approach in which financial markets are viewed as complex adaptive systems consisting of many boundedly rational agents interacting through simple heterogeneous investment strategies, constantly adapting their behaviour in response t

  20. PUBLIC FINANCE FUNCTIONS

    Directory of Open Access Journals (Sweden)

    VEZURE OANA SABINA

    2011-09-01

    Full Text Available The emergence of public finances is due to objective causes needs and determined their main function being to obtain the financial resources it needs for the State to exercise its powers and on the way to intervene in the economy and society general. Public finances are necessary, subjectively and objectively, as it contributes to accomplishing the tasks and functions of the state, which could not be realized without financial leverage. Public finances are inextricably linked to the existence of the state, and public sector's role in the economy. Thus, they express "social relations, economic arising in the establishment and use of public funds between the state, on the one hand, and members of society on the other hand, to meet the needs of general interest of society" [1]. Thus, the role of public finance is to meet the needs of general interest or collective needs.

  1. Interacting agents in finance

    NARCIS (Netherlands)

    Hommes, C.; Durlauf, S.N.; Blume, L.E.

    2008-01-01

    Interacting agents in finance represent a behavioural, agent-based approach in which financial markets are viewed as complex adaptive systems consisting of many boundedly rational agents interacting through simple heterogeneous investment strategies, constantly adapting their behaviour in response

  2. Clean Energy Finance Tool

    Science.gov (United States)

    This tool is for state and local governments interested in developing a financing program to support energy efficiency and clean energy improvements for large numbers of buildings within their jurisdiction.

  3. Financing Professional Sports Facilities

    OpenAIRE

    Baade, Robert A.; Victor A. Matheson

    2011-01-01

    This paper examines public financing of professional sports facilities with a focus on both early and recent developments in taxpayer subsidization of spectator sports. The paper explores both the magnitude and the sources of public funding for professional sports facilities.

  4. Financing Sustainable Development

    DEFF Research Database (Denmark)

    Fejerskov, Adam Moe; Funder, Mikkel; Engberg-Pedersen, Lars

    In the fall of 2015, world leaders adopted the most ambitious global development agenda in history. Meeting the aspiring targets of the Sustainable Development Goals will require financing far beyond traditional aid. At the same time, aid itself is under major pressure as European governments cut...... aid budgets or divert them to meet refugee and migration issues. In this context of massive global ambition and concurrent uncertainty on the future of aid, other actors and sources of development financing seem ever more critical, such as the private sector, private foundations and the BRICS....... But what are in fact the interests and modes of operation of such actors in the context of development financing, and to what extent do they align with the aims of the SDGs? And how do national governments of developing countries themselves perceive and approach these new sources of financing?...

  5. Financing Public Service Broadcasting

    DEFF Research Database (Denmark)

    Berg, Christian Edelvold; Lund, Anker Brink

    2012-01-01

    Broadcasting (PSB) financing regimes in Europe, concluding that Denmark, Finland, Iceland, Norway, and Sweden may still be considered conventional, licence fee PSB countries, but with some interesting differences in relation to competitive and market oriented alternatives of resource provision...

  6. Carbon-emission Risk Decision of Power Generation Enterprises under Carbon Trading System%碳交易体系下发电企业的排放风险决策

    Institute of Scientific and Technical Information of China (English)

    万育红; 霍小江; 程浩

    2014-01-01

    对碳交易体系在未来可能出现的多种情形进行了阐述,依据“技术和排放”性能将发电企业分为3类,并分析了其面临的风险。针对独立的碳税、配额和市场机制,给出了3类发电企业的风险决策框架;针对配额与市场机制并存环境,根据金融资产组合理论,建立了发电企业的排放风险决策模型,并给出了有效前沿,为发电企业实际管理排放风险提供理论支持。%In this paper, various possible situations that may appear in the carbon trading system in the future were discussed, the power generation enterprises were classified into three categories according to the “technology and emission”performance, and the risk that the enterprises to be faced with was analyzed. The risk decision-making framework for three kinds of power generation enterprises was proposed according to the independent carbon tax, quotas and market mechanism; the emission risk decision model for them was established according to the quota and the market mechanism environment and the finance-asset combination theory; and the efficient frontier was presented, this thus provided the theoretical support for the emission risk management of the power generation enterprises.

  7. Generation of planar blast waves using carbon nanotubes-poly-dimethylsiloxane optoacoustic transducer

    Science.gov (United States)

    Moon, C.; Fan, X.; Ha, K.; Kim, D.

    2017-01-01

    We have generated planar blast waves over the large area using carbon nanotubes(CNT)-poly-dimethylsiloxane(PDMS) optoacoustic transducer. Pulse laser is absorbed by CNT and converted to heat, and the heat is transferred to PDMS inducing its thermal expansion and blast wave generation. To theoretically describe the planar blast wave generation, we build one-dimensional simulation model and find analytical solutions for temperature and pressure distributions. The analytical solution validated by the experimental data sheds light on how to improve the performance of the new transducer. Resonance of acoustic waves inside the transducer is also discussed. The new optoacoustic transducer optimized based on the fundamental understandings will be useful in generating high quality blast waves for research and industrial applications.

  8. Micro-bubble generated by laser irradiation on an individual carbon nanocoil

    Energy Technology Data Exchange (ETDEWEB)

    Sun, Yanming, E-mail: amandaming@mail.dlut.edu.cn [School of Physics and Optoelectronic Technology, DUT, Linggong Road, Dalian 116024 (China); Pan, Lujun, E-mail: lpan@dlut.edu.cn [School of Physics and Optoelectronic Technology, DUT, Linggong Road, Dalian 116024 (China); Liu, Yuli, E-mail: liuyuli2005@163.com [School of Physics and Optoelectronic Technology, DUT, Linggong Road, Dalian 116024 (China); Sun, Tao, E-mail: 332077309@qq.com [School of Energy and Power Engineering, DUT, Linggong Road, Dalian 116024 (China)

    2015-08-01

    Highlights: • We have investigated laser irradiated microbubbles which can be generated at fixed point on surface of an individual carbon nanocoil (CNC) immerged in deionized water. • The microbubble can be operated easily and flexibly. • Based on classical heat and mass transfer theories, the bubble growth data is in good agreement with the simplified model. - Abstract: We have investigated the micro-bubbles generated by laser induction on an individual carbon nanocoil (CNC) immerged in deionized water. The photon energy of the incident focused laser beam is absorbed by CNC and converted to thermal energy, which efficiently vaporizes the surrounding water, and subsequently a micro-bubble is generated at the laser location. The dynamics behavior of bubble generation, including its nucleation, expansion and steady-state, has been studied experimentally and theoretically. We have derived equations to analyze the expansion process of a bubble based on classical heat and mass transfer theories. The conclusion is in good agreement with the experiment. CNC, which acts as a realistic micro-bubble generator, can be operated easily and flexibly.

  9. Short run effects of a price on carbon dioxide emissions from U.S. electric generators.

    Science.gov (United States)

    Newcomer, Adam; Blumsack, Seth A; Apt, Jay; Lave, Lester B; Morgan, M Granger

    2008-05-01

    The price of delivered electricity will rise if generators have to pay for carbon dioxide emissions through an implicit or explicit mechanism. There are two main effects that a substantial price on CO2 emissions would have in the short run (before the generation fleet changes significantly). First, consumers would react to increased price by buying less, described by their price elasticity of demand. Second, a price on CO2 emissions would change the order in which existing generators are economically dispatched, depending on their carbon dioxide emissions and marginal fuel prices. Both the price increase and dispatch changes depend on the mix of generation technologies and fuels in the region available for dispatch, although the consumer response to higher prices is the dominant effect. We estimate that the instantaneous imposition of a price of $35 per metric ton on CO2 emissions would lead to a 10% reduction in CO2 emissions in PJM and MISO at a price elasticity of -0.1. Reductions in ERCOT would be about one-third as large. Thus, a price on CO2 emissions that has been shown in earlier workto stimulate investment in new generation technology also provides significant CO2 reductions before new technology is deployed at large scale.

  10. Potassium superoxide oxygen generation rate and carbon dioxide absorption rate in coal mine refuge chambers

    Institute of Scientific and Technical Information of China (English)

    Gao Na; Jin Longzhe; Hu Haohao; Huang Xiao; Zhou Li; Fan Linyu

    2015-01-01

    The effects of the molding pressure of a KO2 oxygen plate and the initial concentration of CO2 on the oxygen generation rate, the oxygen generation efficiency, and the carbon dioxide absorption rate were studied using a YES-300 hydraulic press to alter the pressure when forming the oxygen plate used in a coal mine refuge chamber. In addition, changes in the initial concentration of CO2 used in the closed-box model were made by adjusting the CO2 supply system, and a CD-7 multi-function parameter instrument was employed to monitor and record the changes of O2 and CO2 concentration in the closed-box model. Results indicate that the oxygen generation rate of KO2 oxygen plates, the oxygen generation efficiency, and the carbon dioxide absorption rate decrease when there is an increase in the pressure used to mold the oxygen plates, but those values increase when the initial CO2 concentration increases. When the initial concentration of CO2 in the closed-box model is 3.5%and the forming pressure is 10 kN, the average oxygen generation rate of 15 g KO2 oxygen plate is 11.88 ? 10?3 L/min, the oxygen generation efficiency is 80.3%, and the average CO2 absorption rate is 11.0 ? 10?3 L/min. Compared with the condition where the initial CO2 concentration is 1.5%, the results show that average oxygen genera-tion rate of oxygen plates increases by 88.9%, the oxygen generation efficiency increases by 88.9%, and the CO2 absorption rate increases by 100%.

  11. Study of CO2 recovery in a carbonate fuel cell tri-generation plant

    Science.gov (United States)

    Rinaldi, Giorgio; McLarty, Dustin; Brouwer, Jack; Lanzini, Andrea; Santarelli, Massimo

    2015-06-01

    The possibility of separating and recovering CO2 in a biogas plant that co-produces electricity, hydrogen, and heat is investigated. Exploiting the ability of a molten carbonate fuel cell (MCFC) to concentrate CO2 in the anode exhaust stream reduces the energy consumption and complexity of CO2 separation techniques that would otherwise be required to remove dilute CO2 from combustion exhaust streams. Three potential CO2 concentrating configurations are numerically simulated to evaluate potential CO2 recovery rates: 1) anode oxidation and partial CO2 recirculation, 2) integration with exhaust from an internal combustion engine, and 3) series connection of molten carbonate cathodes initially fed with internal combustion engine (ICE) exhaust. Physical models have been calibrated with data acquired from an operating MCFC tri-generating plant. Results illustrate a high compatibility between hydrogen co-production and CO2 recovery with series connection of molten carbonate systems offering the best results for efficient CO2 recovery. In this case the carbon capture ratio (CCR) exceeds 73% for two systems in series and 90% for 3 MCFC in series. This remarkably high carbon recovery is possible with 1.4 MWe delivered by the ICE system and 0.9 MWe and about 350 kg day-1 of H2 delivered by the three MCFC.

  12. Private sector finance for adaptation

    NARCIS (Netherlands)

    Atteridge, A.; Pauw, W.P.; Terpstra, P.; Bedini, F.; Bosi, L; Costella, C.

    2016-01-01

    An emphasis on private finance has emerged in climate finance discussions, particularly in the context of international climate change negotiations. This is partly because the overall volume of finance needed to support adaptation in developing countries is beyond what many expect public finance to

  13. Exploring Higher Education Financing Options

    Science.gov (United States)

    Nkrumah-Young, Kofi K.; Powell, Philip

    2011-01-01

    Higher education can be financed privately, financed by governments, or shared. Given that the benefits of education accrue to the individual and the state, many governments opt for shared financing. This article examines the underpinnings of different options for financing higher education and develops a model to compare conditions to choices and…

  14. Private sector finance for adaptation

    NARCIS (Netherlands)

    Atteridge, A.; Pauw, W.P.; Terpstra, P.; Bedini, F.; Bosi, L; Costella, C.

    2016-01-01

    An emphasis on private finance has emerged in climate finance discussions, particularly in the context of international climate change negotiations. This is partly because the overall volume of finance needed to support adaptation in developing countries is beyond what many expect public finance to

  15. Land cover uncertainty generates substantial uncertainty in earth system model carbon and climate projections

    Science.gov (United States)

    Di Vittorio, Alan; Mao, Jiafu; Shi, Xiaoying

    2017-04-01

    Several climate adaptation and mitigation strategies incorporate Land Use and Land Cover Change (LULCC) to address global carbon balance and climate. However, LULCC is not consistent across the CMIP5 model simulations because only the land use input is harmonized. The associated LULCC uncertainty generates uncertainty in regional and global carbon and climate dynamics that obfuscates the evaluation of whether such strategies are effective in meeting their goals. For example, the integrated Earth System Model (iESM) overestimates 2004 atmospheric CO2 concentration by 14 ppmv, and we explore the contribution of historical LULCC uncertainty to this bias in relation to the effects of CO2 fertilization, climate change, and nitrogen deposition on terrestrial carbon. Using identical land use input, a chronologically referenced LULCC that accounts for pasture, as opposed to the default year-2000 referenced LULCC, increases this bias to 20 ppmv because more forest needs to be cleared for land use. Assuming maximum forest retention for all land conversion reduces the new bias to 19 ppmv, while minimum forest retention increases the new bias to 24 ppmv. There is a 33 Pg land carbon uncertainty range due to maximizing versus minimizing forest area, which is 80% of the estimated 41 PgC gain in land carbon due to CO2 fertilization combined with climate change from 1850-2004 and 150% of the estimated 22 PgC gain due to nitrogen deposition. These results demonstrate that LULCC accuracy and uncertainty are critical for estimating the carbon cycle, and also that LULCC may be an important lever for constraining global carbon estimates. Furthermore, different land conversion assumptions can generate local differences of over 1.0 °C between the two forest retention cases with less than 5% difference in tree cover within a grid cell. Whether these temperature differences are positive or negative depends more on region than on latitude. Sensible heat appears to be more sensitive than

  16. Direct radiative effect due to brownness in organic carbon aerosols generated from biomass combustion

    Science.gov (United States)

    Rathod, T. D.; Sahu, S. K.; Tiwari, M.; Pandit, G. G.

    2016-12-01

    We report the enhancement in the direct radiative effect due the presence of Brown carbon (BrC) as a part of organic carbon aerosols. The optical properties of organic carbon aerosols generated from pyrolytic combustion of mango tree wood (Magnifera Indica) and dung cake at different temperatures were considered. Mie codes were used to calculate absorption and scattering coefficients coupled with experimentally derived imaginary complex refractive index. The direct radiative effect (DRE) for sampled organic carbon aerosols was estimated using a wavelength dependent radiative transfer equation. The BrC DRE was estimated taking virtually non absorbing organic aerosols as reference. The BrC DRE from wood and dung cake was compared at different combustion temperatures and conditions. The BrC contributed positively to the direct top of the atmosphere radiative effect. Dung cake generated BrC aerosols were found to be strongly light absorbing as compared to BrC from wood combustion. It was noted that radiative effects of BrC from wood depended on its generation temperature and conditions. For BrC aerosols from dung cake such strong dependence was not observed. The average BrC aerosol DRE values were 1.53±0.76 W g-1 and 17.84±6.45 W g-1 for wood and dung cake respectively. The DRE contribution of BrC aerosols came mainly (67-90%) from visible light absorption though they exhibited strong absorption in shorter wavelengths of the UV-visible spectrum.

  17. Optimization of finances into regional energy

    Directory of Open Access Journals (Sweden)

    Alexey Yuryevich Domnikov

    2014-06-01

    Full Text Available The development of modern Russian energy collides with the need for major investments in the modernization and renewal of generation and transmission capacity. In terms of attracting sufficient financial resources and find ways to increase, energy sector profitability and investment attractiveness of particular importance is the problem of investment financing optimizing aimed at minimizing the cost of financing while maintaining financial stability of the power companies and the goals and objectives of Russian energy system long-term development. The article discusses the problem of investment projects financing in power generation from the point of view of the need to achieve optimal investment budget. Presents the author’s approach to the investment financing optimization of power generation company that will achieve the minimum cost of resources involved, taking into account the impact of the funding structure for the power generating company financial sustainability. The developed model is applied to the problem of investment budget optimizing, for example, regional power generating company. The results can improve the efficiency of investment in energy, sustainable and competitive development of regional energy systems.

  18. Issues in energy finance

    Science.gov (United States)

    Khokher, Zeigham Islam

    As opposed to the well developed and understood equity markets, the energy markets are still in their infancy. The explosion of contracts, of both the primary and derivative types, are testament both to the existing size and the untapped growth potential of this exciting industry. However, because of its relative youth many basic issues in the energy markets remain unresolved. This thesis introduces some interesting questions and provides insights into these issues. Thematically, the chapters of this thesis are linked by an emphasis on valuation and risk management decisions. A contribution of this thesis is to show that subtle differences between the endogenous price process in our general equilibrium setting and the exogenous processes considered in earlier papers can generate significant differences in both financial and real option values. In addition to these valuation concerns there has been much debate about the corporate risk management function. Finance theory suggests that a value maximizing corporation should either be indifferent to hedging or, in the presence of certain imperfections, it should completely hedge all exposures. Both these extremes contradict empirical evidence. We show that existing corporate hedging behaviour is best explained in light of both physical market imperfections and directional predictions on future prices. While these speculative motives may arise from corporate hubris or genuine informational advantages, we argue that it would be difficult to implement private information in the absence of noise traders. Related to the risk management decision is the existence of futures risk premia. These premia have been thought to be cause by covariance with priced factors or due to the hedging demands of consumers and producers. This thesis argues that inventories serve as a signal of available quantity, which coupled with consumers fears regarding stockouts can induce a positive relationship between premia and inventories. In

  19. Policy and Financing – Why is Sea Transport Currently Invisible in the Search for a Low Carbon Future for Pacific Island Countries?

    Directory of Open Access Journals (Sweden)

    Peter Roger Nuttall

    2014-07-01

    Full Text Available The role of financing and policy in research, development, trialling and introduction of renewable energy technologies in the Pacific maritime sector is considered. Key research and trials of renewable energy technologies for sea transport in the Pacific from the 1980s and the critical role played by agencies such as the United Nations in leveraging support from funders such as the Asian Development Bank and European Union are reviewed. The lack of current policy on potential renewable energy technology use in sea transport at national, regional and development agency levels is discussed with the Asian Development Bank used as a case study. The urgent need for such technology to be commercially trialled as a means of reducing the region’s dependency on fossil fuels given the importance of sea transport to socio-economic development in the Pacific is outlined in light of the proportion of fossil fuel currently used by the maritime sector. The paper concludes that review of current funding strategies and policies to include both sea transport and the potential for use of renewable energy technologies in the maritime sector in the Pacific is a priority and current reliance on the private sector acting alone needs review.

  20. The Impact of a Carbon Tax on the Chilean Electricity Generation Sector

    Directory of Open Access Journals (Sweden)

    Carlos Benavides

    2015-04-01

    Full Text Available This paper aims to analyse the economy-wide implications of a carbon tax applied on the Chilean electricity generation sector. In order to analyse the macroeconomic impacts, both an energy sectorial model and a Dynamic Stochastic General Equilibrium model have been used. During the year 2014 a carbon tax of 5 US$/tCO2e was approved in Chile. This tax and its increases (10, 20, 30, 40 and 50 US$/tCO2e are evaluated in this article. The results show that the effectiveness of this policy depends on some variables which are not controlled by policy makers, for example, non-conventional renewable energy investment cost projections, natural gas prices, and the feasibility of exploiting hydroelectric resources. For a carbon tax of 20 US$/tCO2e, the average annual emission reduction would be between 1.1 and 9.1 million tCO2e. However, the price of the electricity would increase between 8.3 and 9.6 US$/MWh. This price shock would decrease the annual GDP growth rate by a maximum amount of 0.13%. This article compares this energy policy with others such as the introduction of non-conventional renewable energy sources and a sectorial cap. The results show that the same global greenhouse gas (GHG emission reduction can be obtained with these policies, but the impact on the electricity price and GDP are lower than that of the carbon tax.

  1. Cashing in on VAM : capturing value by generating carbon offset credits from ventilation air methane abatement

    Energy Technology Data Exchange (ETDEWEB)

    Lakhan, S.; Buchanan, M. [Verdeo Group, Washington, DC (United States)

    2010-07-01

    The recent developments in greenhouse gas (GHG) policies and carbon offset markets have created an opportunity for coal mines to extract value from their ventilation air methane (VAM) emissions. The methane that is discharged from ventilation systems accounts for nearly half of all methane emissions from active coal mines in the United States. Some mining companies have already begun capitalizing on this revenue opportunity, and are in the process of designing and implementing VAM oxidation for emission abatement purposes. Using existing regenerative thermal oxidizer technology, coal mines with sufficiently high methane concentrations in their discharged ventilation air can develop projects with internal rates of return greater than 25 per cent, merely by monetizing the emission reduction to generate a tradable carbon offset credit. Although the federal carbon offset program in the United States depends on the passage of federal climate change legislation, many States have already begun developing their own cap-and-trade programs. Several voluntary programs have also developed frameworks to certify carbon offset projects and register credits. The Climate Action Reserve program has approved VAM oxidation as an eligible project type. 6 refs., 4 tabs.

  2. Life cycle analysis of geothermal power generation with supercritical carbon dioxide

    Science.gov (United States)

    Frank, Edward D.; Sullivan, John L.; Wang, Michael Q.

    2012-09-01

    Life cycle analysis methods were employed to model the greenhouse gas emissions and fossil energy consumption associated with geothermal power production when supercritical carbon dioxide (scCO2) is used instead of saline geofluids to recover heat from below ground. Since a significant amount of scCO2 is sequestered below ground in the process, a constant supply is required. We therefore combined the scCO2 geothermal power plant with an upstream coal power plant that captured a portion of its CO2 emissions, compressed it to scCO2, and transported the scCO2 by pipeline to the geothermal power plant. Emissions and energy consumption from all operations spanning coal mining and plant construction through power production were considered, including increases in coal use to meet steam demand for the carbon capture. The results indicated that the electricity produced by the geothermal plant more than balanced the increase in energy use resulting from carbon capture at the coal power plant. The effective heat rate (BTU coal per total kW h of electricity generated, coal plus geothermal) was comparable to that of traditional coal, but the ratio of life cycle emissions from the combined system to that of traditional coal was 15% when 90% carbon capture efficiency was assumed and when leakage from the surface was neglected. Contributions from surface leakage were estimated with a simple model for several hypothetical surface leakage rates.

  3. Assessing the environmental impact of energy production from hydrochar generated via hydrothermal carbonization of food wastes.

    Science.gov (United States)

    Berge, Nicole D; Li, Liang; Flora, Joseph R V; Ro, Kyoung S

    2015-09-01

    Although there are numerous studies suggesting hydrothermal carbonization is an environmentally advantageous process for transformation of wastes to value-added products, a systems level evaluation of the environmental impacts associated with hydrothermal carbonization and subsequent hydrochar combustion has not been conducted. The specific objectives of this work are to use a life cycle assessment approach to evaluate the environmental impacts associated with the HTC of food wastes and the subsequent combustion of the generated solid product (hydrochar) for energy production, and to understand how parameters and/or components associated with food waste carbonization and subsequent hydrochar combustion influence system environmental impact. Results from this analysis indicate that HTC process water emissions and hydrochar combustion most significantly influence system environmental impact, with a net negative GWP impact resulting for all evaluated substituted energy-sources except biomass. These results illustrate the importance of electricity production from hydrochar particularly when it is used to offset coal-based energy sources. HTC process water emissions result in a net impact to the environment, indicating a need for developing appropriate management strategies. Results from this analysis also highlight a need for additional exploration of liquid and gas-phase composition, a better understanding of how changes in carbonization conditions (e.g., reaction time and temperature) influence metal and nutrient fate, and the exploration of liquid-phase treatment. Copyright © 2015 Elsevier Ltd. All rights reserved.

  4. Carbon Capture and Water Emissions Treatment System (CCWESTRS) at Fossil-Fueled Electric Generating Plants

    Energy Technology Data Exchange (ETDEWEB)

    P. Alan Mays; Bert R. Bock; Gregory A. Brodie; L. Suzanne Fisher; J. Devereux Joslin; Donald L. Kachelman; Jimmy J. Maddox; N. S. Nicholas; Larry E. Shelton; Nick Taylor; Mark H. Wolfe; Dennis H. Yankee; John Goodrich-Mahoney

    2005-08-30

    2025. Other potential benefits of the demonstration include developing a passive technology for water treatment for trace metal and nutrient release reductions, using power plant by-products to improve coal mine land reclamation and carbon sequestration, developing wildlife habitat and green-space around production facilities, generating Total Maximum Daily Load (TMDL) credits for the use of process water, and producing wood products for use by the lumber and pulp and paper industry. Project activities conducted during the five year project period include: Assessing tree cultivation and other techniques used to sequester carbon; Project site assessment; Greenhouse studies to determine optimum plant species and by-product application; Designing, constructing, operating, monitoring, and evaluating the CCWESTRS system; and Reporting (ongoing). The ability of the system to sequester carbon will be the primary measure of effectiveness, measured by accessing survival and growth response of plants within the CCWESTRS. In addition, costs associated with design, construction, and monitoring will be evaluated and compared to projected benefits of other carbon sequestration technologies. The test plan involves the application of three levels each of two types of power plant by-products--three levels of FGD gypsum mulch, and three levels of ash pond irrigation water. This design produces nine treatment levels which are being tested with two species of hardwood trees (sweet gum and sycamore). The project is examining the effectiveness of applications of 0, 8-cm, and 15-cm thick gypsum mulch layers and 0, 13 cm, and 25 cm of coal fly ash water for irrigation. Each treatment combination is being replicated three times, resulting in a total of 54 treatment plots (3 FGD gypsum levels X 3 irrigation water levels x 2 tree species x 3 replicates). Survival and growth response of plant species in terms of sequestering carbon in plant material and soil will be the primary measure of

  5. Power generation enhancement in novel microbial carbon capture cells with immobilized Chlorella vulgaris

    Science.gov (United States)

    Zhou, Minghua; He, Huanhuan; Jin, Tao; Wang, Hongyu

    2012-09-01

    With the increasing concerns for global climate change, a sustainable, efficient and renewable energy production from wastewater is imperative. In this study, a novel microbial carbon capture cell (MCC), is constructed for the first time by the introduction of immobilized microalgae (Chlorella vulgaris) into the cathode chamber of microbial fuel cells (MFCs) to fulfill the zero discharge of carbon dioxide. This process can achieve an 84.8% COD removal, and simultaneously the maximum power density can reach 2485.35 mW m-3 at a current density of 7.9 A m-3 and the Coulombic efficiency is 9.40%, which are 88% and 57.7% greater than that with suspended C. vulgaris, respectively. These enhancements in performance demonstrate the feasibility of an economical and effective approach for the simultaneous wastewater treatment, electricity generation and biodiesel production from microalgae.

  6. Supercritical Carbon Dioxide Power Generation System Definition: Concept Definition and Capital Cost Estimate

    Energy Technology Data Exchange (ETDEWEB)

    Stoddard, Larry [Black & Veatch, Kansas City, MO (United States); Galluzzo, Geoff [Black & Veatch, Kansas City, MO (United States); Andrew, Daniel [Black & Veatch, Kansas City, MO (United States); Adams, Shannon [Black & Veatch, Kansas City, MO (United States)

    2016-06-30

    The Department of Energy’s (DOE’s) Office of Renewable Power (ORP) has been tasked to provide effective program management and strategic direction for all of the DOE’s Energy Efficiency & Renewable Energy’s (EERE’s) renewable power programs. The ORP’s efforts to accomplish this mission are aligned with national energy policies, DOE strategic planning, EERE’s strategic planning, Congressional appropriation, and stakeholder advice. ORP is supported by three renewable energy offices, of which one is the Solar Energy Technology Office (SETO) whose SunShot Initiative has a mission to accelerate research, development and large scale deployment of solar technologies in the United States. SETO has a goal of reducing the cost of Concentrating Solar Power (CSP) by 75 percent of 2010 costs by 2020 to reach parity with base-load energy rates, and 30 percent further reductions by 2030. The SunShot Initiative is promoting the implementation of high temperature CSP with thermal energy storage allowing generation during high demand hours. The SunShot Initiative has funded significant research and development work on component testing, with attention to high temperature molten salts, heliostats, receiver designs, and high efficiency high temperature supercritical CO2 (sCO2) cycles. DOE retained Black & Veatch to support SETO’s SunShot Initiative for CSP solar power tower technology in the following areas: 1. Concept definition, including costs and schedule, of a flexible test facility to be used to test and prove components in part to support financing. 2. Concept definition, including costs and schedule, of an integrated high temperature molten salt (MS) facility with thermal energy storage and with a supercritical CO2 cycle generating approximately 10MWe. 3. Concept definition, including costs and schedule, of an integrated high temperature falling particle facility with thermal energy storage and with a supercritical CO2 cycle

  7. Integration of direct carbon and hydrogen fuel cells for highly efficient power generation from hydrocarbon fuels

    Energy Technology Data Exchange (ETDEWEB)

    Muradov, Nazim; Choi, Pyoungho; Smith, Franklyn; Bokerman, Gary [Florida Solar Energy Center, University of Central Florida, 1679 Clearlake Road, Cocoa, FL 32922-5703 (United States)

    2010-02-15

    In view of impending depletion of hydrocarbon fuel resources and their negative environmental impact, it is imperative to significantly increase the energy conversion efficiency of hydrocarbon-based power generation systems. The combination of a hydrocarbon decomposition reactor with a direct carbon and hydrogen fuel cells (FC) as a means for a significant increase in chemical-to-electrical energy conversion efficiency is discussed in this paper. The data on development and operation of a thermocatalytic hydrocarbon decomposition reactor and its coupling with a proton exchange membrane FC are presented. The analysis of the integrated power generating system including a hydrocarbon decomposition reactor, direct carbon and hydrogen FC using natural gas and propane as fuels is conducted. It was estimated that overall chemical-to-electrical energy conversion efficiency of the integrated system varied in the range of 49.4-82.5%, depending on the type of fuel and FC used, and CO{sub 2} emission per kW{sub el}h produced is less than half of that from conventional power generation sources. (author)

  8. The use of renewable energy in the form of methane via electrolytic hydrogen generation using carbon dioxide as the feedstock

    Science.gov (United States)

    Hashimoto, Koji; Kumagai, Naokazu; Izumiya, Koichi; Takano, Hiroyuki; Shinomiya, Hiroyuki; Sasaki, Yusuke; Yoshida, Tetsuya; Kato, Zenta

    2016-12-01

    The history reveals the continuous increase in world energy consumption and carbon emissions. For prevention of intolerable global warming and complete exhaustion of fossil fuels we need complete conversion from fossil fuel consumption to renewable energy. We have been performing the research and development of global carbon dioxide recycling for more than 25 years to supply renewable energy to the world in the form of methane produced by the reaction of carbon dioxide captured from chimney with hydrogen generated electrolytically using electricity generated by renewable energy. We created the cathode and anode for electrolytic hydrogen generation and the catalyst for carbon dioxide methanation by the reaction with hydrogen. The methane formation from renewable energy will be the most convenient and efficient key technology for the use of renewable energy by storage of intermittent and fluctuating electricity generated from renewable energy and by regeneration of stable electricity. Domestic and international cooperation of companies for industrialization is in progress.

  9. Increasing National Energy Mix through Carbon Sequestration of Coal for Improved Power Generation

    Directory of Open Access Journals (Sweden)

    H. U. Ugwu

    2012-12-01

    Full Text Available In this paper, a novel technology of increasing national energy mix through carbon sequestration of coal has been advocated as a panacea for improving the nation’s power generation for electricity utilization and consumption. Consequently, electricity and petroleum products which have become the energy forms relied upon in most economic sectors of the world significantly exist with some changes in time vis-à-vis the energy consumption due to changes in the structure of the economy, energy prices, level of production of goods and services, technology and population, etc. Also, the exclusive dependence on income from oil for infrastructural development thus became the order of the day. These, are considered unsustainable especially with the total neglect of the agrarian nature of the country and the unproductive capabilities of other goods and services derivable from electricity generated. Hence, these seriously portend that urgent and drastic engineering strategies must be introduced in the energy sector to revamp the dwindling power generation. Thus, carbon sequestration of coal is the suggested option as a clean coal energy technology for power plant optimization. In this study, some air-dried Nigerian coals collected from different coal deposits across the country were utilized for the analyses to investigate their characteristics and rheology. The result obtained shows that chemically re-characterized Enugu sub-bituminous air dried coal has the highest carbon content ranging from 3.8% to 46.27% while its calorific value was found to be also high among others at the range of 22.3 to 28.4MJ/Kg, respectively. The result also shows that increase in carbon contents for all the coal samples resulted to increase in calorific value which would reduce the accumulation of greenhouse gases in the atmosphere if released by the burning of these fossil fuels. The technology of a good sequestered carbon if adopted will help in revamping the dwindling

  10. Guidebook to Geothermal Finance

    Energy Technology Data Exchange (ETDEWEB)

    Salmon, J. P.; Meurice, J.; Wobus, N.; Stern, F.; Duaime, M.

    2011-03-01

    This guidebook is intended to facilitate further investment in conventional geothermal projects in the United States. It includes a brief primer on geothermal technology and the most relevant policies related to geothermal project development. The trends in geothermal project finance are the focus of this tool, relying heavily on interviews with leaders in the field of geothermal project finance. Using the information provided, developers and investors may innovate in new ways, developing partnerships that match investors' risk tolerance with the capital requirements of geothermal projects in this dynamic and evolving marketplace.

  11. Rethinking SMEs’ Financing Predicament

    Institute of Scientific and Technical Information of China (English)

    2009-01-01

    A waveofsharpcriticism has been aimed atthebanks concerning the difficulties for China’ss mallandmedium-sized enterprises(SMEs)in acquiring financing,whilethe Central Government began to strongly urge banks to provide loans for SMEs.Shouldall SMEs be financed while the bankst ake theblame?Is there anyother viable way to pull SMEs outof the financial predicament?Qiu Haiping,a professor with the School of Economics at Renmin University of China,recentlye xamined the issue and offered insights in the Guangming Daily.Edited excerpts follow

  12. Advanced Electron Beam Ion Sources (EBIS) for 2-nd generation carbon radiotherapy facilities

    CERN Document Server

    Shornikov, A.

    2016-01-01

    In this work we analyze how advanced Electron Beam Ion Sources (EBIS) can facilitate the progress of carbon therapy facilities. We will demonstrate that advanced ion sources enable operation of 2-nd generation ion beam therapy (IBT) accelerators. These new accelerator concepts with designs dedicated to IBT provide beams better suited for therapy and, are more cost efficient than contemporary IBT facilities. We will give a sort overview of the existing new IBT concepts and focus on those where ion source technology is the limiting factor. We will analyse whether this limitation can be overcome in the near future thanks to ongoing EBIS development.

  13. Co-Generation and Renewables: Solutions for a Low-Carbon Energy Future

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-07-01

    Co-generation and renewables: solutions for a low-carbon energy future shows that powerful synergies exist when co-generation and renewables work together. The report documents, for the first time, some of the little-known complementary aspects of the two technologies. It also re-emphasises the stand-alone benefits of each technology. Thus, decision makers can use the report as a 'one-stop shop' when they need credible information on co-generation, renewables and the possible synergies between the two. It also provides answers to policy makers' questions about the potential energy and environmental benefits of an increased policy commitment to both co-generation and renewables. Secure, reliable, affordable and clean energy supplies are fundamental to economic and social stability and development. Energy and environmental decision-makers are faced with major challenges that require action now in order to ensure a more sustainable future. More efficient use of, and cleaner primary energy sources can help to achieve this goal. Co-generation -- also known as combined heat and power (CHP) -- represents a proven, cost-effective and energy-efficient solution for delivering electricity and heat. Renewable sources provide clean and secure fuels for producing electricity and heat.

  14. Carbon monoxide poisoning from hurricane-associated use of portable generators--Florida, 2004.

    Science.gov (United States)

    2005-07-22

    The four major hurricanes that struck Florida during August 13-September 25, 2004, produced electric power outages in several million homes. After the hurricanes, the Consumer Product Safety Commission (CPSC) investigated six deaths in Florida attributed to carbon monoxide (CO) poisoning (CPSC, unpublished data, 2004). The Florida Department of Health and CDC analyzed demographic and CO exposure data from these fatal poisoning cases and from nonfatal poisoning cases among 167 persons treated at 10 hospitals, including two with hyperbaric oxygen (HBO2) chambers. This report describes the results of that analysis, which determined that misplacement of portable, gasoline-powered generators (e.g., indoors, in garages, or outdoors near windows) was responsible for nearly all of these CO exposures. Public health practitioners should recognize that post-hurricane environments present challenges to the safe operation of portable generators and should educate the public on the hazards of CO poisoning in these settings.

  15. Second harmonic generation in carbon nanotubes induced by transversal electrostatic field.

    Science.gov (United States)

    Trolle, Mads Lund; Pedersen, Thomas Garm

    2013-08-14

    Carbon nanotubes (CNTs) of armchair and zigzag type contain an inversion centre, and are thus intrinsically unable to generate dipole even-order nonlinearities, such as second harmonic generation (SHG). Breaking the inversion symmetry by application of an external voltage transversal to the CNT axis will, however, induce a second harmonic response. Similarly, additional non-vanishing second harmonic tensor elements will be induced in chiral tubes already displaying an intrinsic response. Many geometries realizing such a setup can be envisaged, e.g., an experimental gate setup or deposition of CNTs on, or integration in, strongly polarized host media, perhaps facilitating a tunable second harmonic response. In this work, we calculate the SHG signal from CNTs under transversally applied electric fields based on a tight-binding model.

  16. Major design issues of molten carbonate fuel cell power generation unit

    Energy Technology Data Exchange (ETDEWEB)

    Chen, T.P.

    1996-04-01

    In addition to the stack, a fuel cell power generation unit requires fuel desulfurization and reforming, fuel and oxidant preheating, process heat removal, waste heat recovery, steam generation, oxidant supply, power conditioning, water supply and treatment, purge gas supply, instrument air supply, and system control. These support facilities add considerable cost and system complexity. Bechtel, as a system integrator of M-C Power`s molten carbonate fuel cell development team, has spent substantial effort to simplify and minimize these supporting facilities to meet cost and reliability goals for commercialization. Similiar to other fuels cells, MCFC faces design challenge of how to comply with codes and standards, achieve high efficiency and part load performance, and meanwhile minimize utility requirements, weight, plot area, and cost. However, MCFC has several unique design issues due to its high operating temperature, use of molten electrolyte, and the requirement of CO2 recycle.

  17. Thermo-optical Properties of Gold Nanoparticles and Carbon Nanotubes: Characterization of Heat Generation

    Science.gov (United States)

    Hernandez-Martinez, Pedro L.; Richardson, Hugh H.; Govorov, Alexander O.

    2010-03-01

    We investigate the system of optically excited nanostructures in a matrix aiming to understand heat generation at the nanoscale level. We study two kinds of structures: spherical gold nanoparticles (NPs) and carbon nanotubes (CNTs). The heating processes occur under light illumination and for Au NPs involve the plasmon resonance[1,2,3]. For the matrix, we consider air, AlGaN and Si. Theoretical calculations and experimental data are combined to make a quantitative measure of the amount of heat generated by optically excited Au NPs and CNTs. [1] Richardson H.H, Carlson M.T, Tandler, P.J, Hernandez P, Govorov A.O, Nano Letters 9(3) 1139-1146 (2009). [2] Govorov A.O, Richardson H.H, NanoToday 2(1) 30-38 (2007). [3] Govorov A.O, Zhang W, Skeini T, Richardson H., Lee J, and Kotov N, Nanoscale Res. Lett. 1:84--90 (2006).

  18. Trends in Global Demonstrations of Carbon Management Technologies to Advance Coal- Based Power Generation With Carbon Capture and Storage

    Science.gov (United States)

    Cohen, K. K.; Plasynski, S.; Feeley, T. J.

    2008-05-01

    conditions with geophysics. Borehole-based technologies include a novel geochemical two-phase reservoir sampler deployed at Otway, and thermal-based measurements at CO2SINK for coupled hydrologic-geochemical reservoir analyses. Seismic, geomechanical, hydrologic, geochemical, and core studies are used in a multidisciplinary approach to assess CO2 trapping and reservoir integrity at In Salah. With estimated lifetime storage of 17 MtCO2 at In Salah, this and other CCS demonstrations provide opportunities to gain commercial experience for advancing coal-based power generation-CCS for carbon management.

  19. Aligning climate policy with finance ministers' G20 agenda

    Science.gov (United States)

    Edenhofer, Ottmar; Knopf, Brigitte; Bak, Céline; Bhattacharya, Amar

    2017-07-01

    There is no longer a choice between climate policy and no climate policy. G20 finance ministers have to play a key role in implementing smart climate policies like carbon pricing. Yet they remain reluctant to take advantage of the merits of carbon pricing for sound fiscal policy.

  20. Finance Law Reviews

    Science.gov (United States)

    Journal of Education Finance, 1975

    1975-01-01

    Reviews recent state and federal court decisions dealing with issues relevant to educational finance. Within the broad area of elementary-secondary education, specific cases involve allocation of federal school aid, fees charged by public schools for textbooks and instructional materials, property acquisition and school construction, and…

  1. Campaign Finance: Reporter Guide

    Science.gov (United States)

    Wieder, Ben

    2014-01-01

    Campaign finance might seem like the exclusive province of political reporters, but there are many good reasons why authors should be paying attention--both in races for education positions and in other key races at the local, state, and federal levels with implications for education. Basic math is a necessary skill and familiarity with a…

  2. Nuclear Physicists in Finance

    Science.gov (United States)

    Mattoni, Carlo

    2017-01-01

    The financial services industry presents an interesting alternative career path for nuclear physicists. Careers in finance typically offer intellectual challenge, a fast pace, high caliber colleagues, merit-based compensation with substantial upside, and an opportunity to deploy skills learned as a physicist. Physicists are employed at a wide range of financial institutions on both the ``buy side'' (hedge fund managers, private equity managers, mutual fund managers, etc.) and the ``sell side'' (investment banks and brokerages). Historically, physicists in finance were primarily ``quants'' tasked with applying stochastic calculus to determine the price of financial derivatives. With the maturation of the field of derivative pricing, physicists in finance today find work in a variety of roles ranging from quantification and management of risk to investment analysis to development of sophisticated software used to price, trade, and risk manage securities. Only a small subset of today's finance careers for physicists require the use of advanced math and practically none provide an opportunity to tinker with an apparatus, yet most nevertheless draw on important skills honed during the training of a nuclear physicist. Intellectually rigorous critical thinking, sophisticated problem solving, an attention to minute detail and an ability to create and test hypotheses based on incomplete information are key to both disciplines.

  3. Water Finance Webinars and Forums

    Science.gov (United States)

    The Center hosts a series of water finance forums. These forums bring together communities with drinking water, wastewater, and stormwater project financing needs in an interactive peer-to-peer networking format.

  4. From Finance Capitalism to Financialization

    DEFF Research Database (Denmark)

    Hansen, Per H.

    2014-01-01

    In this article I interpret 150 years of financial history with a focus on shifts in the role of finance in society. I argue that over time the role of finance has shifted twice from that of servant to that of master of society, and that this process has been driven by sense making through narrat...... narratives that legitimized and shaped these changes. When finance became a master rent seeking, cultural capture and out-of control financial innovation resulted in financial and social instability. Finance as a master was the characteristic of finance capitalism from around 1900......–1931 and of financialization from around 1980 to today. Finance capitalism and financialization were enabled by a dominant narrative that legitimized the power of finance. The shifts in the role of finance happened when crises undermined the meaning of the existing narrative and created for a new narrative able to make sense...

  5. Innovative financing for HIV response in sub–Saharan Africa

    Science.gov (United States)

    Atun, Rifat; Silva, Sachin; Ncube, Mthuli; Vassall, Anna

    2016-01-01

    Background In 2015 around 15 million people living with HIV were receiving antiretroviral treatment (ART) in sub–Saharan Africa. Sustained provision of ART, though both prudent and necessary, creates substantial long–term fiscal obligations for countries affected by HIV/AIDS. As donor assistance for health remains constrained, novel financing mechanisms are needed to augment funding domestic sources. We explore how Innovative Financing has been used to co–finance domestic HIV/AIDS responses. Based on analysis of non–health sectors, we identify innovative financing instruments that could be used in the HIV response. Methods We undertook a systematic review to identify innovative financing instruments used for (1) domestic HIV/AIDS financing in sub–Saharan Africa (2) international health financing and (3) financing in non–health sectors. We analyzed peer–reviewed and grey literature published between 2002 and 2014. We examined the nature and volume of funds mobilized with innovative financing, then in consultation with leading experts, identified instruments that held potential for financing the HIV response. Results Our analysis revealed three innovative financing instruments in use: Zimbabwe’s AIDS Trust Fund (a tax/levy–based instrument), Botswana’s National HIV/AIDS Prevention Support (BNAPS) International Bank for Reconstruction and Development (IBRD) Buy–Down (a debt conversion instrument), and Côte d'Ivoire's Debt2Health Debt Swap Agreement (a debt conversion instrument). Zimbabwe’s AIDS Trust Fund generated US$ 52.7 million between 2008 and 2011, Botswana’s IBRD Buy–Down generated US$ 20 million, and Côte d’Ivoire’s Debt2Health Debt Swap Agreement generated US$ 27 million, at least half of which was to be invested in HIV/AIDS programs. Four additional categories of innovative financing instruments met our criteria for future use: (1) remittances and diaspora bonds (2) social and development impact bonds (3) sovereign wealth

  6. Financing renewable energy: Obstacles and solutions

    Energy Technology Data Exchange (ETDEWEB)

    Brown, M.H.

    1994-06-01

    The majority of renewable energy technology projects now being developed use long term project financing to raise capital. The financial community scrutinizes renewables more closely than some conventionally fueled electric generation facilities because it perceives renewables as risky and expensive. Renewables pay for this perceived risk through higher interest charges and other more restrictive loan covenants. Risks that are not eliminated in the power sales agreement or through some other means generally result in higher project costs during financing. In part, this situation is a product of the private placement market and project finance process in which renewable energy facilities must function. The project finance process attracts banks and institutional lenders as well as equity investors (often pension funds) who do not want to place their capital at great risk. Energy project finance exists on the basis of a secure revenue stream and a thorough understanding of electric generation technology. Renewables, like all energy projects, operating in uncertain regulatory environments are often difficult to finance. In the uncertain regulatory environment in which renewables now operate, investors and lenders are nervous about challenges to existing contracts between independent power producers and utilities. Challenges to existing contracts could foretell challenges to contracts in the future. Investors and lenders now look to state regulatory environments as an indicator of project risk. Renewable energy technology evolves quickly. Yet, often the information about technological evolution is not available to those who invest in the energy projects. Or, those who have invested in new renewable energy technology in the past have lost money and are nervous about doing so in the future - even though technology may have improved. Inadequate or unfavorable information is a barrier to the development of renewables.

  7. Electrocemical Production of Ocean Alkalinity for Carbon Dioxide and Acid Mitigation, and Hydrogen Generation

    Science.gov (United States)

    Rau, G. H.

    2008-12-01

    Various schemes have been proposed to increase air-to-sea CO2 transfer and storage, including the addition of alkalinity to the ocean. Examples include the addition of: Ca(OH)2 derived from the thermal calcination of limestone (Kheshgi, 1995), NaOH from the electrochemical splitting of salt (House et al., 2007), and CaCO3 to carbonate-undersaturated waters (Harvey, 2008). Diluted in the ocean (to pH1/2O2+H2+Ca(HCO3)2aq. Laboratory experiments showed that such a system can generate excess alkalinity and elevated pH in seawater that subsequently allowed the absorption of 0.8 mM atmospheric CO2. Thus at larger scales, wind-, wave-, or solar-powered, fixed/floating platforms at the shoreline, in coastal waters, or in the open ocean might be employed to electrochemically increase ocean alkalinity. Such platforms would then: 1) enhance the ocean's natural absorption of atmospheric CO2, 2) help neutralize or offset the effects of ongoing ocean acidification, via the calcium hydroxide and/or bicarbonate production, and 3) generate carbon-negative H2 in the ratio 22kg CO2 absorbed/kg H2 produced.

  8. Flexible and Robust Thermoelectric Generators Based on All-Carbon Nanotube Yarn without Metal Electrodes.

    Science.gov (United States)

    Choi, Jaeyoo; Jung, Yeonsu; Yang, Seung Jae; Oh, Jun Young; Oh, Jinwoo; Jo, Kiyoung; Son, Jeong Gon; Moon, Seung Eon; Park, Chong Rae; Kim, Heesuk

    2017-08-22

    As practical interest in flexible/or wearable power-conversion devices increases, the demand for high-performance alternatives to thermoelectric (TE) generators based on brittle inorganic materials is growing. Herein, we propose a flexible and ultralight TE generator (TEG) based on carbon nanotube yarn (CNTY) with excellent TE performance. The as-prepared CNTY shows a superior electrical conductivity of 3147 S/cm due to increased longitudinal carrier mobility derived from a highly aligned structure. Our TEG is innovative in that the CNTY acts as multifunctions in the same device. The CNTY is alternatively doped into n- and p-types using polyethylenimine and FeCl3, respectively. The highly conductive CNTY between the doped regions is used as electrodes to minimize the circuit resistance, thereby forming an all-carbon TEG without additional metal deposition. A flexible TEG based on 60 pairs of n- and p-doped CNTY shows the maximum power density of 10.85 and 697 μW/g at temperature differences of 5 and 40 K, respectively, which are the highest values among reported TEGs based on flexible materials. We believe that the strategy proposed here to improve the power density of flexible TEG by introducing highly aligned CNTY and designing a device without metal electrodes shows great potential for the flexible/or wearable power-conversion devices.

  9. Simultaneous Wastewater Treatment, Algal Biomass Production and Electricity Generation in Clayware Microbial Carbon Capture Cells.

    Science.gov (United States)

    Jadhav, Dipak A; Jain, Sumat C; Ghangrekar, Makarand M

    2017-05-02

    Performance of microbial carbon capture cells (MCCs), having a low-cost clayware separator, was evaluated in terms of wastewater treatment and electricity generation using algae Chlorella pyrenoidosa in MCC-1 and Anabaena ambigua in MCC-2 and without algae in a cathodic chamber of MCC-3. Higher power production was achieved in MCC-1 (6.4 W/m(3)) compared to MCC-2 (4.29 W/m(3)) and MCC-3 (3.29 W/m(3)). Higher coulombic efficiency (15.23 ± 1.30%) and biomass production (66.4 ± 4.7 mg/(L*day)) in MCC-1 indicated the superiority of Chlorella over Anabaena algae for carbon capture and oxygen production to facilitate the cathodic reduction. Algal biofilm formation on the cathode surface of MCC-1 increased dissolved oxygen in the catholyte and decreased the cathodic charge transfer resistance with increase in reduction current. Electrochemical analyses revealed slow cathodic reactions and increase in internal resistance in MCC-2 (55 Ω) than MCC-1 (30 Ω), due to lower oxygen produced by Anabaena algae. Thus, biomass production in conjunction with wastewater treatment, CO2 sequestration and electricity generation can be achieved using Chlorella algal biocathode in MCC.

  10. The Challenge of Islamic Finance

    OpenAIRE

    Sheng, Andrew; Singh, Ajit

    2012-01-01

    From its humble beginnings in the 1990s, Islamic finance has become a trillion US dollar industry. The market consensus is that Islamic finance has a bright future due to favourable demographics and rising incomes in the Muslim community. Moreover, despite voices sceptical of an accommodation between Islamic and global finance, leading global banks are buying Islamic bonds and forming subsidiaries specially to conduct Islamic finance business. Special laws have been passed in non-Muslim fi...

  11. TAXATION AND FINANCE CONSTRAINED FIRMS

    OpenAIRE

    Iris Claus

    2006-01-01

    This paper develops an open economy model to assess the long-run effects of taxation where firms are finance constrained. Finance constraints arise because of imperfect information between borrowers and lenders. Only borowers (firms) can costlessly observe actual returns from production. Imperfect information and finance constraints magnify the effects of taxation. A reduction (rise) in income taxation increases (lowers) firms' internal funds and their ability to assess external finance to ex...

  12. Carbon Dioxide Capture and Separation Techniques for Gasification-based Power Generation Point Sources

    Energy Technology Data Exchange (ETDEWEB)

    Pennline, H.W.; Luebke, D.R.; Jones, K.L.; Morsi, B.I. (Univ. of Pittsburgh, PA); Heintz, Y.J. (Univ. of Pittsburgh, PA); Ilconich, J.B. (Parsons)

    2007-06-01

    The capture/separation step for carbon dioxide (CO2) from large-point sources is a critical one with respect to the technical feasibility and cost of the overall carbon sequestration scenario. For large-point sources, such as those found in power generation, the carbon dioxide capture techniques being investigated by the in-house research area of the National Energy Technology Laboratory possess the potential for improved efficiency and reduced costs as compared to more conventional technologies. The investigated techniques can have wide applications, but the research has focused on capture/separation of carbon dioxide from flue gas (post-combustion from fossil fuel-fired combustors) and from fuel gas (precombustion, such as integrated gasification combined cycle or IGCC). With respect to fuel gas applications, novel concepts are being developed in wet scrubbing with physical absorption; chemical absorption with solid sorbents; and separation by membranes. In one concept, a wet scrubbing technique is being investigated that uses a physical solvent process to remove CO2 from fuel gas of an IGCC system at elevated temperature and pressure. The need to define an ideal solvent has led to the study of the solubility and mass transfer properties of various solvents. Pertaining to another separation technology, fabrication techniques and mechanistic studies for membranes separating CO2 from the fuel gas produced by coal gasification are also being performed. Membranes that consist of CO2-philic ionic liquids encapsulated into a polymeric substrate have been investigated for permeability and selectivity. Finally, dry, regenerable processes based on sorbents are additional techniques for CO2 capture from fuel gas. An overview of these novel techniques is presented along with a research progress status of technologies related to membranes and physical solvents.

  13. Finance organizations, decisions and emotions.

    Science.gov (United States)

    Pixley, Jocelyn

    2002-03-01

    Analyses of global financial markets are dominated by atomized models of decision-making and behavioural psychology ('exuberance' or 'panic'). In contrast, this paper argues that overwhelmingly, finance organizations rather than 'individuals' make decisions, and routinely use emotions in formulating expectations. Keynes introduced emotion (business confidence and animal spirits) but in economics, emotion remains individualistic and irrational. Luhmann's system theory lies at the other extreme, where emotions like trust and confidence are central variables, functional in the reduction of complexity in sub-systems like the economy. The gap between irrational emotions aggregated to 'herd' behaviour in economics, and 'system trust' applied to finance and money as a 'medium of communication' in sociology, remains largely unfilled. This paper argues that while organizations cannot be said to 'think' or 'feel', they are rational and emotional, because impersonal trust, confidence and their contrary emotions are unavoidable in decision-making due to fundamental uncertainty. These future-oriented emotions are prevalent within and between organizations in the financial sector, primarily in generating expectations. The dynamic of corporate activities of tense and ruthless struggle is a more plausible level of analysis than either financial 'manias' in aggregate or 'system trust'.

  14. Alternative windpower ownership structures: Financing terms and project costs

    Energy Technology Data Exchange (ETDEWEB)

    Wiser, R.; Kahn, E.

    1996-05-01

    Most utility-scale renewable energy projects in the United States are developed and financed by private renewable energy companies. Electric output is then sold to investor-owned and public utilities under long-term contracts. Limited partnerships, sale/leaseback arrangements, and project-financing have historically been the dominant forms of finance in the windpower industry, with project-finance taking the lead more recently. Although private ownership using project-finance is still the most popular form of windpower development, alternative approaches to ownership and financing are becoming more prevalent. U.S. public and investor-owned electric utilities (IOUs) have begun to participate directly in windpower projects by owning and financing their own facilities rather than purchasing windpower from independent non-utility generators (NUGs) through power purchase agreements (PPAs). In these utility-ownership arrangements, the wind turbine equipment vendor/developer typically designs and constructs a project under a turnkey contract for the eventual project owner (the utility). The utility will also frequently sign an operations and maintenance (O&M) contract with the project developer/equipment vendor. There appear to be a number of reasons for utility involvement in recent and planned U.S. wind projects. One important claim is that utility ownership and self-finance provides substantial cost savings compared to contracting with private NUGs to supply wind-generated power. In this report, we examine that assertion.

  15. Information,Informal finance,and SME financing

    Institute of Scientific and Technical Information of China (English)

    LIN Justin Yifu; SUN Xifang

    2006-01-01

    Informal finance exists extensively and has been playing an important role in small-and medium-sized enterprise (SME) financing in developing economies,This paper tries to rationalize the extensiveness of informal finance.SME financing suffers more serious information asymmetry to the extent that most SMEs are more opaque and can only provide less collateral.Informal lenders have an advantage over formal financial institutions in collecting "soft information" about SME borrowers.This paper establishes a model including formal and informal lenders and high-and low-risk borrowers with or without sufficient collateral and shows that the credit market in which informal finance is eliminated will allocate funds in some inefficient way,and the efficiency of allocating credit funds can be improved once informal finance is allowed to coexist with formal finance.

  16. Kinetic study of the hydrocarbon generation from marine carbonate source rocks characterization of products of gas and liquid hydrocarbon

    Institute of Scientific and Technical Information of China (English)

    GENG Xinhua; GENG Ansong; XIONG Yongqiang; LIU Jinzhong; ZHANG Haizu; ZHAO Qingfang

    2006-01-01

    The kinetic parameters of hydrocarbon generation from the marine carbonate source rocks were determined and calibrated through kinetic simulating experiment. The kinetic parameters of hydrocarbon generation then were extrapolated to geological condition by using the relative software.The result shows that gaseous hydrocarbons (C1, C2,C3, C4-5) were generated in condition of 150℃<T<220℃(1.0%<Ro <3.0% ). Light hydrocarbons (C6-13)and heavy hydrocarbons ( C13+) were generated in condition of 100 ℃<T<170 ℃ (0.5%<Ro<1.5%). A quantitative reference to examine the natural evolution of hydrocarbon of marine carbonate source rocks can be established through the results. It also provides a new method for evaluating the highly mature marine carbonate source rock more reasonably.

  17. Statistics for Finance

    DEFF Research Database (Denmark)

    Lindström, Erik; Madsen, Henrik; Nielsen, Jan Nygaard

    Statistics for Finance develops students’ professional skills in statistics with applications in finance. Developed from the authors’ courses at the Technical University of Denmark and Lund University, the text bridges the gap between classical, rigorous treatments of financial mathematics...... that rarely connect concepts to data and books on econometrics and time series analysis that do not cover specific problems related to option valuation. The book discusses applications of financial derivatives pertaining to risk assessment and elimination. The authors cover various statistical......, identify interest rate models, value bonds, estimate parameters, and much more. This textbook will help students understand and manage empirical research in financial engineering. It includes examples of how the statistical tools can be used to improve value-at-risk calculations and other issues...

  18. Statistics for Finance

    DEFF Research Database (Denmark)

    Lindström, Erik; Madsen, Henrik; Nielsen, Jan Nygaard

    that rarely connect concepts to data and books on econometrics and time series analysis that do not cover specific problems related to option valuation. The book discusses applications of financial derivatives pertaining to risk assessment and elimination. The authors cover various statistical......, identify interest rate models, value bonds, estimate parameters, and much more. This textbook will help students understand and manage empirical research in financial engineering. It includes examples of how the statistical tools can be used to improve value-at-risk calculations and other issues......Statistics for Finance develops students’ professional skills in statistics with applications in finance. Developed from the authors’ courses at the Technical University of Denmark and Lund University, the text bridges the gap between classical, rigorous treatments of financial mathematics...

  19. Financing climate change adaptation.

    Science.gov (United States)

    Bouwer, Laurens M; Aerts, Jeroen C J H

    2006-03-01

    This paper examines the topic of financing adaptation in future climate change policies. A major question is whether adaptation in developing countries should be financed under the 1992 United Nations Framework Convention on Climate Change (UNFCCC), or whether funding should come from other sources. We present an overview of financial resources and propose the employment of a two-track approach: one track that attempts to secure climate change adaptation funding under the UNFCCC; and a second track that improves mainstreaming of climate risk management in development efforts. Developed countries would need to demonstrate much greater commitment to the funding of adaptation measures if the UNFCCC were to cover a substantial part of the costs. The mainstreaming of climate change adaptation could follow a risk management path, particularly in relation to disaster risk reduction. 'Climate-proofing' of development projects that currently do not consider climate and weather risks could improve their sustainability.

  20. Finance and Economic Development

    Directory of Open Access Journals (Sweden)

    Ugo Panizza

    2012-03-01

    Full Text Available Published by Palgrave MacmillanThis chapter reviews the literature on finance and economic development. It starts with a description of the roles of finance, a definition of financial efficiency, and a discussion of whether countries may have financial sectors that are ‘too large’ compared to the size of the domestic economy. Next, the author describes several indicators of financial development and reviews the literature on the relationship between financial development and economic growth. In the literature review, he discusses in detail some recent evidence indicating that the marginal contribution of financial development to gross domestic product (GDP growth becomes negative when credit to the private sector reaches 110 per cent of GDP. The chapter concludes with some policy conclusions targeted to developing countries.

  1. DESIGN OF HYBRID POWER GENERATION CYCLES EMPLOYING AMMONIA-WATER-CARBON DIOXIDE MIXTURES

    Energy Technology Data Exchange (ETDEWEB)

    Ashish Gupta

    2002-06-01

    A power cycle generates electricity from the heat of combustion of fossil fuels. Its efficiency is governed by the cycle configuration, the operating parameters, and the working fluid. Typical. designs use pure water as the fluid. in the last two decades, hybrid cycles based on ammonia-water, and carbon-dioxide mixtures as the working fluid have been proposed. These cycles may improve the power generation efficiency of Rankine cycles by 15%. Improved efficiency is important for two reasons: it lowers the cost of electricity being produced, and by reducing the consumption of fossil fuels per unit power, it reduces the generation of environmental pollutants. The goal of this project is to develop a computational optimization-based method for the design and analysis of hybrid bottoming power cycles to minimize the usage of fossil fuels. The development of this methodology has been achieved by formulating this task as that of selecting the least cost power cycle design from all possible configurations. They employ a detailed thermodynamic property prediction package they have developed under a DOE-FETC grant to model working fluid mixtures. Preliminary results from this work suggest that a pure NH{sub 3} cycle outperforms steam or the expensive Kalina cycle.

  2. Efficient terahertz generation by carbon nanotubes within the limited space-charge accumulation regime

    Science.gov (United States)

    Pennington, G.; Wickenden, A. E.

    2009-05-01

    This paper investigates the generation of power at terahertz frequencies by a single-walled semiconducting carbon nanotube (s-SWCNT). The prediction of negative differential resistance (NDR) in s-SWCNTs allows for their consideration as a Gunn-type oscillator. Here we consider the regime of limited-space-charge accumulation within nanotubes biased with a potential along the tube axis. This regime minimizes the growth of high-field domain regions, which may be destructive to the nanotube, and allows for efficient high-power operation. Results show that a high-power, efficient, miniaturized, room temperature source of terahertz radiation is possible by appropriate biasing of the s-SWCNT element in the NDR region of operation. Nanotubes of diameter (d) 0.8-4.5 nm are considered. The generated ac power (Pac) is found to range in the μW/μm range, reaching values as high as 13 μW/μm at high bias and small diameter. Very large generation efficiencies (η ) were found with a maximum value of 20% at high bias and small d. For a fixed dc bias field to NDR threshold field ratio, performance parameters are found to decrease with increasing s-SWCNT tube diameter as Pac˜d-2 and η ˜d-1/3. Frequencies of operation where found to span the terahertz regime, indicating that a s-SWCNT may serve as the active element in terahertz oscillator diodes.

  3. Lysosomal membrane permeabilization: Carbon nanohorn-induced reactive oxygen species generation and toxicity by this neglected mechanism

    Energy Technology Data Exchange (ETDEWEB)

    Yang, Mei, E-mail: happy_deercn@163.com [Nanotube Research Center, National Institute of Advanced Industrial Science and Technology 5-2, 1-1-1 Higashi, Tsukuba 305-8565 (Japan); Zhang, Minfang; Tahara, Yoshio; Chechetka, Svetlana; Miyako, Eijiro [Nanotube Research Center, National Institute of Advanced Industrial Science and Technology 5-2, 1-1-1 Higashi, Tsukuba 305-8565 (Japan); Iijima, Sumio [Nanotube Research Center, National Institute of Advanced Industrial Science and Technology 5-2, 1-1-1 Higashi, Tsukuba 305-8565 (Japan); Faculty of Science and Technology, Meijo University, 1-501 Shiogamaguchi, Tenpaku, Nagoya 468-8502 (Japan); Yudasaka, Masako, E-mail: m-yudasaka@aist.go.jp [Nanotube Research Center, National Institute of Advanced Industrial Science and Technology 5-2, 1-1-1 Higashi, Tsukuba 305-8565 (Japan)

    2014-10-01

    Understanding the molecular mechanisms responsible for the cytotoxic effects of carbon nanomaterials is important for their future biomedical applications. Carbon nanotubular materials induce the generation of reactive oxygen species (ROS), which causes cell death; however, the exact details of this process are still unclear. Here, we identify a mechanism of ROS generation that is involved in the apoptosis of RAW264.7 macrophages caused by excess uptake of carbon nanohorns (CNHs), a typical type of carbon nanotubule. CNH accumulated in the lysosomes, where they induced lysosomal membrane permeabilization (LMP) and the subsequent release of lysosomal proteases, such as cathepsins, which in turn caused mitochondrial dysfunction and triggered the generation of ROS in the mitochondria. The nicotinamide adenine dinucleotide phosphate oxidase was not directly involved in CNH-related ROS production, and the ROS generation cannot be regulated by mitochondrial electron transport chain. ROS fed back to amplify the mitochondrial dysfunction, leading to the subsequent activation of caspases and cell apoptosis. Carbon nanotubules commonly accumulate in the lysosomes after internalization in cells; however, lysosomal dysfunction has not attracted much attention in toxicity studies of these materials. These results suggest that LMP, a neglected mechanism, may be the primary reason for carbon nanotubule toxicity. - Highlights: • We clarify an apoptotic mechanism of RAW264.7 cells caused by carbon nanohorns. • In the meantime, the mechanism of CNH-induced ROS generation is identified. • LMP is the initial factor of CNH-induced ROS generation and cell death. • Cathepsins work as mediators that connect LMP and mitochondrial dysfunction.

  4. When Art & Finance Collide

    Institute of Scientific and Technical Information of China (English)

    Yu Lintao

    2011-01-01

    CHINA'S art market is on fire.As sales and prices break records,a new force has appeared in the market-organized art finance in the form of art trust funds and artwork exchanges.It was reported that the anonymous winner of the bid for the Song Dynasty calligraphy work Dizhuming by Huang Tingjian (1045-1105).which was sold for a staggering 436.

  5. Supply chain finance

    Directory of Open Access Journals (Sweden)

    Kasavica Petar

    2014-01-01

    Full Text Available The concept of supply chain finance is a response to global illiquidity, intensified through the global economic crisis and globalization of commercial and financial flows. The growing illiquidity undermines credit ratings of economic entities, thereby reducing the potential for achieving the projected goals (profitability and portfolio quality. In order to overcome this, banks have introduced certain products flexible to the requirements of specific transactions. The concerned products redirect the focus from a client's credit rating and risk to the credit rating and risk of a business partner (buyer, resulting in benefits for all transaction participants ('win-win-win'. Moreover, the activities are targeted at transaction analysis, i.e. the isolation and protection of the cash flow as the source of financial instrument's repayment. On the other hand, there has been an increasing number of transactions based on the risk of the commercial bank of the client's business partner, or on the risk of collateral (inventory. The focus is actually placed on the financing of adequate supply chain stages, given that counterparty relationship management has been proven to be crucial for efficient management of one's own business. The tensions existing in the relations between partners (increasingly long payment deadlines are in the basis of the supply chain finance concept. Decisions made by banks are based on the entire supply chain (wide information basis, thereby shifting the focus from the product (as was the case before the crisis to the client's needs. Thus, decisions become increasingly comprehensive, quicker, and more precise, and portfolios less risky. Through the individual portfolio of banks, the market of national economies also becomes safer and more liquid. These are rather profitable transactions, because, due to the risk transfer, financing is enabled to companies to whom classic crediting in most cases is not available.

  6. Green building financing

    OpenAIRE

    Brunko, Pavlo

    2016-01-01

    The article is devoted to the problem of green buildings financing. It is noted that bank lending can be a major source of funds for construction. However, current trends in the economy of Ukraine shows that credit, especially lending to construction, is in poor condition. Accordingly, there is a need to explore the possibility of additional measures that can be applied to bringing financial resources into the construction.The author brings evidence in favor of feasibility of raising funds fo...

  7. Carbon Capture and Water Emissions Treatment System (CCWESTRS) at Fossil-Fueled Electric Generating Plants

    Energy Technology Data Exchange (ETDEWEB)

    P. Alan Mays; Bert R. Bock; Gregory A. Brodie; L. Suzanne Fisher; J. Devereux Joslin; Donald L. Kachelman; Jimmy J. Maddox; N. S. Nicholas; Larry E. Shelton; Nick Taylor; Mark H. Wolfe; Dennis H. Yankee; John Goodrich-Mahoney

    2005-08-30

    2025. Other potential benefits of the demonstration include developing a passive technology for water treatment for trace metal and nutrient release reductions, using power plant by-products to improve coal mine land reclamation and carbon sequestration, developing wildlife habitat and green-space around production facilities, generating Total Maximum Daily Load (TMDL) credits for the use of process water, and producing wood products for use by the lumber and pulp and paper industry. Project activities conducted during the five year project period include: Assessing tree cultivation and other techniques used to sequester carbon; Project site assessment; Greenhouse studies to determine optimum plant species and by-product application; Designing, constructing, operating, monitoring, and evaluating the CCWESTRS system; and Reporting (ongoing). The ability of the system to sequester carbon will be the primary measure of effectiveness, measured by accessing survival and growth response of plants within the CCWESTRS. In addition, costs associated with design, construction, and monitoring will be evaluated and compared to projected benefits of other carbon sequestration technologies. The test plan involves the application of three levels each of two types of power plant by-products--three levels of FGD gypsum mulch, and three levels of ash pond irrigation water. This design produces nine treatment levels which are being tested with two species of hardwood trees (sweet gum and sycamore). The project is examining the effectiveness of applications of 0, 8-cm, and 15-cm thick gypsum mulch layers and 0, 13 cm, and 25 cm of coal fly ash water for irrigation. Each treatment combination is being replicated three times, resulting in a total of 54 treatment plots (3 FGD gypsum levels X 3 irrigation water levels x 2 tree species x 3 replicates). Survival and growth response of plant species in terms of sequestering carbon in plant material and soil will be the primary measure of

  8. Carbon quantum dots coated BiVO{sub 4} inverse opals for enhanced photoelectrochemical hydrogen generation

    Energy Technology Data Exchange (ETDEWEB)

    Nan, Feng; Shen, Mingrong; Fang, Liang, E-mail: zhkang@suda.edu.cn, E-mail: lfang@suda.edu.cn [College of Physics, Optoelectronics and Energy and Jiangsu Key Laboratory of Thin Films, Soochow University, Suzhou 215006 (China); Kang, Zhenhui, E-mail: zhkang@suda.edu.cn, E-mail: lfang@suda.edu.cn [Institute of Functional Nano and Soft Materials (FUNSOM), Jiangsu Key Laboratory for Carbon-based Functional Materials and Devices, and Collaborative Innovation Center of Suzhou Nano Science and Technology, Soochow University, Suzhou 215006 (China); Wang, Junling [School of Materials Science and Engineering, Nanyang Technological University, Singapore 639798 (Singapore)

    2015-04-13

    Carbon quantum dots (CQDs) coated BiVO{sub 4} inverse opal (io-BiVO{sub 4}) structure that shows dramatic improvement of photoelectrochemical hydrogen generation has been fabricated using electrodeposition with a template. The io-BiVO{sub 4} maximizes photon trapping through slow light effect, while maintaining adequate surface area for effective redox reactions. CQDs are then incorporated to the io-BiVO{sub 4} to further improve the photoconversion efficiency. Due to the strong visible light absorption property of CQDs and enhanced separation of the photoexcited electrons, the CQDs coated io-BiVO{sub 4} exhibit a maximum photo-to-hydrogen conversion efficiency of 0.35%, which is 6 times higher than that of the pure BiVO{sub 4} thin films. This work is a good example of designing composite photoelectrode by combining quantum dots and photonic crystal.

  9. Third Generation Horseradish Peroxidase Biosensor Based on Self-assembling Carbon Nanotubes to Gold Electrode Surface

    Institute of Scientific and Technical Information of China (English)

    Jing Juan XU; Gang WANG; Qing ZHANG; Xing Hua XIA; Hong Yuan CHEN

    2005-01-01

    A third-generation horseradish peroxidase (HRP) biosensor has been developed by adsorbing HRP on multi-wall carbon nanotube (MWNTs) monolayer modified gold electrode surface. The assembly process was investigated by electrochemical and spectroscopic techniques.Results showed that the immobilized HRP exhibited direct electrochemical behavior toward the reduction of H2O2. The resulting biosensor shows a fast amperometric response (<2 s) to H2O2.The linear response range was from 5.0×10-7~1.0×10-5 mol/L with a detection limit of1.0×10-7mol/L. Moreover, the biosensor has a good reproducibility, and long-term stability.

  10. Excitonic effects in third-harmonic generation: The case of carbon nanotubes and nanoribbons

    Science.gov (United States)

    Attaccalite, C.; Cannuccia, E.; Grüning, M.

    2017-03-01

    Linear and nonlinear optical properties of low-dimensional nanostructures have attracted great interest from the scientific community as tools to probe the strong confinement of electrons and for possible applications in optoelectronic devices. In particular it has been shown that the linear optical response of carbon nanotubes [F. Wang et al., Science 308, 838 (2005), 10.1126/science.1110265] and graphene nanoribbons [Nat. Commun. 5 4253 (2014), 10.1038/ncomms5253] is dominated by bounded electron-hole pairs, excitons. The role of excitons in linear response has been widely studied, but still, little is known about their effect on nonlinear susceptibilities. Using a recently developed methodology [Phys. Rev. B 88, 235113 (2013), 10.1103/PhysRevB.88.235113] based on well-established ab initio many-body perturbation theory approaches, we find that quasiparticle shifts and excitonic effects significantly modify the third-harmonic generation in carbon nanotubes and graphene nanoribbons. For both systems the net effect of many-body effects is to reduce the intensity of the main peak in the independent-particle spectrum and redistribute the spectral weight among several excitonic resonances.

  11. Heterogeneous fluid flow in fractured layered carbonates and its implication for generation of incipient karst

    Science.gov (United States)

    Wang, X.; Lei, Q.; Lonergan, L.; Jourde, H.; Gosselin, O.; Cosgrove, J.

    2017-09-01

    We use numerical models to investigate fluid flow in layered fractured carbonate rocks, and specifically to investigate the effects of the structural and hydraulic properties of both joints and bedding planes on flow localization. Synthetic fracture networks made up of two jointed layers separated by a horizontal bedding plane are generated to represent the typical layered fracture systems often formed in carbonate rocks. A uniform aperture field is assumed for each joint set and for the bedding plane, but different joint sets and the bedding plane can have non-identical values. The aperture ratio of the joint sets to the bedding plane is found to dominate the behaviour of flow heterogeneity on the bedding plane. Three distinct flow regimes, i.e. joint-dominated, transitional and bedding plane-dominated, are recognized. The magnitude of the aperture ratio controls which flow regime develops. We further suggest that the different flow regimes may be responsible for the initiation of different types of incipient karst morphologies observed in nature: pipe karst, stripe karst and sheet karst.

  12. Redox deposition of nanoscale metal oxides on carbon for next-generation electrochemical capacitors.

    Science.gov (United States)

    Sassin, Megan B; Chervin, Christopher N; Rolison, Debra R; Long, Jeffrey W

    2013-05-21

    Transition metal oxides that mix electronic and ionic conductivity are essential active components of many electrochemical charge-storage devices, ranging from primary alkaline cells to more advanced rechargeable Li-ion batteries. In these devices, charge storage occurs via cation-insertion/deinsertion mechanisms in conjunction with the reduction/oxidation of metal sites in the oxide. Batteries that incorporate such metal oxides are typically designed for high specific energy, but not necessarily for high specific power. Electrochemical capacitors (ECs), which are typically composed of symmetric high-surface-area carbon electrodes that store charge via double-layer capacitance, deliver their energy in time scales of seconds, but at much lower specific energy than batteries. The fast, reversible faradaic reactions (typically described as "pseudocapacitance") of particular nanoscale metal oxides (e.g., ruthenium and manganese oxides) provide a strategy for bridging the power/energy performance gap between batteries and conventional ECs. These processes enhance charge-storage capacity to boost specific energy, while maintaining the few-second timescale of the charge-discharge response of carbon-based ECs. In this Account, we describe three examples of redox-based deposition of EC-relevant metal oxides (MnO2, FeOx, and RuO2) and discuss their potential deployment in next-generation ECs that use aqueous electrolytes. To extract the maximum pseudocapacitance functionality of metal oxides, one must carefully consider how they are synthesized and subsequently integrated into practical electrode structures. Expressing the metal oxide in a nanoscale form often enhances electrochemical utilization (maximizing specific capacitance) and facilitates high-rate operation for both charge and discharge. The "wiring" of the metal oxide, in terms of both electron and ion transport, when fabricated into a practical electrode architecture, is also a critical design parameter for

  13. Extremely Efficient Multiple Electron-hole Pair Generation in Carbon Nanotube Photodiodes

    Science.gov (United States)

    Gabor, Nathaniel

    2010-03-01

    The efficient generation of multiple electron-hole (e-h) pairs from a single photon could improve the efficiency of photovoltaic solar cells beyond standard thermodynamic limits [1] and has been the focus of much recent work in semiconductor nanomaterials [2,3]. In single walled carbon nanotubes (SWNTs), the small Fermi velocity and low dielectric constant suggests that electron-electron interactions are very strong and that high-energy carriers should efficiently generate e-h pairs. Here, I will discuss observations of highly efficient generation of e-h pairs due to impact excitation in SWNT p-n junction photodiodes [4]. To investigate optoelectronic transport properties of individual SWNT photodiodes, we focus a laser beam over the device while monitoring the electronic characteristics. Optical excitation into the second electronic subband E22 ˜ 2 EGAP leads to striking photocurrent steps in the device I-VSD characteristics that occur at voltage intervals of the band gap energy EGAP/ e. Spatially and spectrally resolved photocurrent combined with temperature-dependent studies suggest that these steps result from efficient generation of multiple e-h pairs from a single hot E22 carrier. We conclude that in the SWNT photodiode, a single photon with energy greater than 2EGAP is converted into multiple e-h pairs, leading to enhanced photocurrent and increased photo-conversion efficiency. [1] W. Shockley, and H. J. Queisser, Journal of Applied Physics 32, 510 (1961). [2] R. D. Schaller, and V. I. Klimov, Physical Review Letters 92 (18), 186601 (2004). [3] R. J. Ellingson, et al, Nano Letters, 5 (5), 865-871 (2005). [4] Nathaniel M. Gabor, Zhaohui Zhong, Ken Bosnick, Jiwoong Park, and Paul McEuen, Science, 325, 1367 (2009).

  14. A novel power generation system based on combination of hydrogen and direct carbon fuel cells for decentralized applications

    Energy Technology Data Exchange (ETDEWEB)

    Muradov, Nazim; Smith, Franklyn; Choi, Pyoungho; Bokerman, Gary [Central Florida Univ., FL (United States)

    2010-07-01

    Fuel cell (FC) based power generation systems are characterized by highest chemical-toelectrical (CTE) energy conversion efficiency compared to conventional power generators (e.g., internal combustion and diesel engines, turbines). Most efforts in this area relate to hydrogen-FC coupled with hydrocarbon fuel reformers (HFR). However, the overall CTE efficiency of the combined HFR-FC systems is relatively low (about 30-35%). The objective of this work is to develop a highly-efficient power generation system integrating a hydrocarbon decomposition reactor (HDR) with both hydrogen and direct-carbon FC. A unique feature of direct carbon FC is that its theoretical CTE efficiency is close to 100% and the practical efficiency could rich 80-90%. The concept of the integrated hydrogen and direct carbon FC system is discussed and the experimental data on the performance testing of a HDR coupled with PEM FC are presented in this paper. (orig.)

  15. FUZZY INFERENCE SYSTEM MODELING FOR BED ACTIVE CARBON RE-GENERATION PROCESS (CO2 GAS FACTORY CASE

    Directory of Open Access Journals (Sweden)

    S. Febriana

    2005-01-01

    Full Text Available Bed active carbon is one of the most important materials that had great impact in determining level of impurities in production of CO2 gas. In this particular factory case, there is unavailability of standard duration time of heating and cooling and steam flow rate for the re-generation process of bed active carbon. The paper discusses the fuzzy inference system for modeling of re-generation process of bed active carbon to find the optimum setting parameter. The fuzzy inference system was build using real historical daily processing data. After validation process, surface plot analysis was performed to find the optimum setting. The result of re-generation parameter setting is 9-10 hours of heating process, 4.66-5.32 hours of cooling process, and 1500-2500 kg/hr of steam flow rate.

  16. Mechanism Research on Standardized Development of Rural Private Finance

    Institute of Scientific and Technical Information of China (English)

    2010-01-01

    In generalizing the researching conditions of researchers on private finance,the paper introduces the connoted meaning of rural private finance broadly and narrowly.The paper states the forms of rural private finance(including private loaning,private bank,rural private collecting,financing organizations,cooperatives,NGO,small loaning organizations and so on),the relations between rural private finance and rural economic relations,pointing out that it is the combination of the strong and the weak,which may generate benefits with the operation of marketing mechanisms.The paper analyzes the historical causes,supervision causes and cultural causes of rural private finance,discussing mechanisms of standardized development of rural private finance:firstly,standardize the organization management mechanisms,including scaled controlling mechanisms and bank management mechanisms;secondly,complete finance supervision mechanisms;thirdly,moderate government intervention,including affording liberal policy environment and reducing the improper intervention;fourthly,upgrading qualities mechanisms,including cultivating the rural credit culture and improving the quality of regulatory personnel.

  17. A Multi-Objective Unit Commitment Model for Setting Carbon Tax to Reduce CO2 Emission: Thailand's Electricity Generation Case

    Directory of Open Access Journals (Sweden)

    Nuchjarin Intalar

    2015-07-01

    Full Text Available Carbon tax policy is a cost-effective instrument for emission reduction. However, setting the carbon tax is one of the challenging task for policy makers as it will lead to higher price of emission-intensive sources especially the utility price. In a large-scale power generation system, minimizing the operational cost and the environmental impact are conflicting objectives and it is difficult to find the compromise solution. This paper proposes a methodology of finding a feasible carbon tax rate on strategic level using the operational unit commitment model. We present a multi-objective mixed integer linear programming model to solve the unit commitment problem and consider the environmental impacts. The methodology of analyzing of the effect of carbon tax rates on the power generation, operating cost, and CO2 emission is also provided. The trade-off relationship between total operating cost and total CO2 emission is presented in the Pareto-optimal curve to analyze the feasible carbon tax rate that is influencing on electricity operating cost. The significant outcome of this paper is a modeling framework for the policy makers to determine the possible carbon tax that can be imposed on the electricity generation.

  18. Calcium and chemical looping technology for power generation and carbon dioxide (CO2) capture solid oxygen- and CO2-carriers

    CERN Document Server

    Fennell, Paul

    2015-01-01

    Calcium and Chemical Looping Technology for Power Generation and Carbon Dioxide (CO2) Capture reviews the fundamental principles, systems, oxygen carriers, and carbon dioxide carriers relevant to chemical looping and combustion. Chapters review the market development, economics, and deployment of these systems, also providing detailed information on the variety of materials and processes that will help to shape the future of CO2 capture ready power plants. Reviews the fundamental principles, systems, oxygen carriers, and carbon dioxide carriers relevant to calcium and chemical loopingProvi

  19. Power generation using carbon mesh cathodes with different diffusion layers in microbial fuel cells

    KAUST Repository

    Luo, Yong

    2011-11-01

    An inexpensive carbon material, carbon mesh, was examined to replace the more expensive carbon cloth usually used to make cathodes in air-cathode microbial fuel cells (MFCs). Three different diffusion layers were tested using carbon mesh: poly(dimethylsiloxane) (PDMS), polytetrafluoroethylene (PTFE), and Goretex cloth. Carbon mesh with a mixture of PDMS and carbon black as a diffusion layer produced a maximum power density of 1355 ± 62 mW m -2 (normalized to the projected cathode area), which was similar to that obtained with a carbon cloth cathode (1390 ± 72 mW m-2). Carbon mesh with a PTFE diffusion layer produced only a slightly lower (6.6%) maximum power density (1303 ± 48 mW m-2). The Coulombic efficiencies were a function of current density, with the highest value for the carbon mesh and PDMS (79%) larger than that for carbon cloth (63%). The cost of the carbon mesh cathode with PDMS/Carbon or PTFE (excluding catalyst and binder costs) is only 2.5% of the cost of the carbon cloth cathode. These results show that low cost carbon materials such as carbon mesh can be used as the cathode in an MFC without reducing the performance compared to more expensive carbon cloth. © 2011 Elsevier B.V.

  20. BioCarbon Fund Experience

    OpenAIRE

    World Bank

    2011-01-01

    Carbon finance recognizes the contribution of projects to mitigating climate change. To be able to access carbon finance, projects can certify their emission reductions under a variety of standards, one of which is the Clean Development Mechanism (CDM) of the United Nations Framework Convention on Climate Change (UNFCCC). Project developers can sell their carbon credits either in the volun...

  1. A Rapid Microwave-Assisted Thermolysis Route to Highly Crystalline Carbon Nitrides for Efficient Hydrogen Generation.

    Science.gov (United States)

    Guo, Yufei; Li, Jing; Yuan, Yupeng; Li, Lu; Zhang, Mingyi; Zhou, Chenyan; Lin, Zhiqun

    2016-11-14

    Highly crystalline graphitic carbon nitride (g-C3 N4 ) with decreased structural imperfections benefits from the suppression of electron-hole recombination, which enhances its hydrogen generation activity. However, producing such g-C3 N4 materials by conventional heating in an electric furnace has proven challenging. Herein, we report on the synthesis of high-quality g-C3 N4 with reduced structural defects by judiciously combining the implementation of melamine-cyanuric acid (MCA) supramolecular aggregates and microwave-assisted thermolysis. The g-C3 N4 material produced after optimizing the microwave reaction time can effectively generate H2 under visible-light irradiation. The highest H2 evolution rate achieved was 40.5 μmol h(-1) , which is two times higher than that of a g-C3 N4 sample prepared by thermal polycondensation of the same supramolecular aggregates in an electric furnace. The microwave-assisted thermolysis strategy is simple, rapid, and robust, thereby providing a promising route for the synthesis of high-efficiency g-C3 N4 photocatalysts. © 2016 Wiley-VCH Verlag GmbH & Co. KGaA, Weinheim.

  2. Electricity generation from wastewaters with starch as carbon source using a mediatorless microbial fuel cell.

    Science.gov (United States)

    Herrero-Hernandez, E; Smith, T J; Akid, R

    2013-01-15

    Microbial fuel cells represent a new method for producing electricity from the oxidation of organic matter. A mediatorless microbial fuel cell was developed using Escherichia coli as the active bacterial component with synthetic wastewater of potato extract as the energy source. The two-chamber fuel cell, with a relation of volume between anode and cathode chamber of 8:1, was operated in batch mode. The response was similar to that obtained when glucose was used as the carbon source. The performance characteristics of the fuel cell were evaluated with two different anode and cathode shapes, platinised titanium strip or mesh; the highest maximum power density (502mWm(-2)) was achieved in the microbial fuel cell with mesh electrodes. In addition to electricity generation, the MFC exhibited efficient treatment of wastewater so that significant reduction of initial oxygen demand of wastewater by 61% was observed. These results demonstrate that potato starch can be used for power generation in a mediatorless microbial fuel cell with high removal efficiency of chemical oxygen demand.

  3. Emerging trends in health care finance.

    Science.gov (United States)

    Sterns, J B

    1994-01-01

    Access to capital will become more difficult. Capital access is dependent on ability to repay debt, which, in turn, is dependent on internally generated cash flows. Under any health care reform proposal, revenue inflows will be slowed. The use of corporate finance techniques to limit financial risk and lower cost will be a permanent response to fundamental changes to the health care system. These changes will result in greater balance sheet management, centralized capital allocation, and alternative sources of capital.

  4. F# for quantitative finance

    CERN Document Server

    Astborg, Johan

    2013-01-01

    To develop your confidence in F#, this tutorial will first introduce you to simpler tasks such as curve fitting. You will then advance to more complex tasks such as implementing algorithms for trading semi-automation in a practical scenario-based format.If you are a data analyst or a practitioner in quantitative finance, economics, or mathematics and wish to learn how to use F# as a functional programming language, this book is for you. You should have a basic conceptual understanding of financial concepts and models. Elementary knowledge of the .NET framework would also be helpful.

  5. International health financing and the response to AIDS.

    Science.gov (United States)

    Lieberman, Samuel; Gottret, Pablo; Yeh, Ethan; de Beyer, Joy; Oelrichs, Robert; Zewdie, Debrework

    2009-11-01

    Efforts to finance HIV responses have generated large increases in funding, catalyzed activism and institutional innovation, and brought renewed attention to health issues and systems. The benefits go well beyond HIV programs. The substantial increases in HIV funding are a tiny percentage of overall increases in health financing, with other areas also seeing large absolute increases. Data on health funding suggest an improved "pro-poor" distribution, with Africa benefiting relatively more from increased external flows. A literature review found few evidence-based analyses of the impact of AIDS programs and funding on broader health financing. Conceptual frameworks that would facilitate such analysis are summarized.

  6. Survey of finance companies, 2000

    OpenAIRE

    Karen E. Dynan; Kathleen W. Johnson; Samuel M. Slowinski

    2002-01-01

    Against a backdrop of robust economic activity, the finance company sector expanded briskly over the second half of the 1990s. The value of receivables held by finance companies in the United States rose nearly 50 percent, or about 11 percent a year, between 1996 and 2000. Business lending remained finance companies' major line of activity; the importance to the sector of consumer lending and leasing declined slightly, and the importance of real estate lending rose a bit. These and other find...

  7. Generation of Guanine – Thymidine Cross-links in DNA by Peroxynitrite/Carbon Dioxide

    Science.gov (United States)

    Yun, Byeong Hwa; Geacintov, Nicholas E.; Shafirovich, Vladimir

    2011-01-01

    Nitrosoperoxycarbonate derived from the combination of carbon dioxide and peroxynitrite, is an important chemical mediator of inflammation. In aqueous solutions, it rapidly decomposes to the reactive species CO3•− and •NO2 radicals that are known to initiate the selective oxidation and nitration of guanine in DNA. We have previously demonstrated that the reactions of carbonate radical anions with guanine in 2′-deoxyoligoribonucleotides generate a previously unknown intrastrand cross-linked guanine-thymine product G*-T* with a covalent bond between the C8 (G*) and thymine N3 (T*) atoms (Crean et al., Nucleic Acids Res., 2008, 36, 742–755). In this work we demonstrate that G*-T* cross-linked products are also formed when peroxynitrite (0.1 mM) reacts with native DNA in aqueous solutions (pH 7.5–7.7) containing 25 mM carbon dioxide/bicarbonate, in addition to the well known nitration/oxidation products of guanine such as 8-nitroguanine (8-nitroG), 5-guanidino-4-nitroimidazole (NIm), 8-oxo-7,8-dehydroguanine (8-oxoG) and spiroiminodihydantoin (Sp). The yields of these products, after enzymatic digestion with P1 nuclease and alkaline phosphatase to the nucleotide level, and reversed phase HPLC separation, were compared with those obtained with the uniformly, isotopically labeled 15N,13C-labeled 2′-deoxy oligoribonucleotides 5′-dGpT and 5′-dGpCpT. The d(G*pT*) and d(G*-T*) cross-linked products derived from the di- and tri-oligonucleotides, respectively, were used as standards for identifying the analogous lesions in calf thymus DNA by isotope dilution LC-MS/MS methods in the selected reaction-monitoring mode. The Nim and 8nitroG are the major products formed (~ 0.05% each), and lesser amounts of 8-oxoG (~ 0.02%), and d(G*pT*) and d(G*-T*) enzymatic digestion products (~ 0.002% each) were found. It is shown that the formation of d(G*pT*) enzyme digestion product can arise only from intrastrand cross-links, whereas d(G*-T*) can arise from both

  8. Generation of guanine-thymidine cross-links in DNA by peroxynitrite/carbon dioxide.

    Science.gov (United States)

    Yun, Byeong Hwa; Geacintov, Nicholas E; Shafirovich, Vladimir

    2011-07-18

    Nitrosoperoxycarbonate derived from the combination of carbon dioxide and peroxynitrite is an important chemical mediator of inflammation. In aqueous solutions, it rapidly decomposes to the reactive species CO(3)(•-) and (•)NO(2) radicals that are known to initiate the selective oxidation and nitration of guanine in DNA. We have previously demonstrated that the reactions of carbonate radical anions with guanine in 2'-deoxyoligoribonucleotides generate a previously unknown intrastrand cross-linked guanine-thymine product G*-T* with a covalent bond between the C8 (G*) and the thymine N3 (T*) atoms (Crean Nucleic Acids Res. 2008, 36, 742-755). In this work, we demonstrate that G*-T* cross-linked products are also formed when peroxynitrite (0.1 mM) reacts with native DNA in aqueous solutions (pH 7.5-7.7) containing 25 mM carbon dioxide/bicarbonate, in addition to the well-known nitration/oxidation products of guanine such as 8-nitroguanine (8-nitro-G), 5-guanidino-4-nitroimidazole (NIm), 8-oxo-7,8-dehydroguanine (8-oxo-G), and spiroiminodihydantoin (Sp). The yields of these products, after enzymatic digestion with P1 nuclease and alkaline phosphatase to the nucleotide level and reversed phase HPLC separation, were compared with those obtained with the uniformly, isotopically labeled (15)N,(13)C-labeled 2'-deoxy oligoribonucleotides 5'-dGpT and 5'-dGpCpT. The d(G*pT*) and d(G*-T*) cross-linked products derived from the di- and trioligonucleotides, respectively, were used as standards for identifying the analogous lesions in calf thymus DNA by isotope dilution LC-MS/MS methods in the selected reaction monitoring mode. The NIm and 8-nitro-G are the major products formed (∼0.05% each), and lesser amounts of 8-oxo-G (∼0.02%) and d(G*pT*) and d(G*-T*) enzymatic digestion products (∼0.002% each) were found. It is shown that the formation of d(G*pT*) enzyme digestion product can arise only from intrastrand cross-links, whereas d(G*-T*) can arise from both interstrand

  9. Empirical techniques in finance

    CERN Document Server

    Bhar, Ramaprasad

    2005-01-01

    This book offers the opportunity to study and experience advanced empi- cal techniques in finance and in general financial economics. It is not only suitable for students with an interest in the field, it is also highly rec- mended for academic researchers as well as the researchers in the industry. The book focuses on the contemporary empirical techniques used in the analysis of financial markets and how these are implemented using actual market data. With an emphasis on Implementation, this book helps foc- ing on strategies for rigorously combing finance theory and modeling technology to extend extant considerations in the literature. The main aim of this book is to equip the readers with an array of tools and techniques that will allow them to explore financial market problems with a fresh perspective. In this sense it is not another volume in eco- metrics. Of course, the traditional econometric methods are still valid and important; the contents of this book will bring in other related modeling topics tha...

  10. Financing medical education.

    Science.gov (United States)

    Petersdorf, R G

    1991-02-01

    The cost of a medical education may dissuade qualified young people from entering the medical profession or may so load them with debt that they cannot pursue relatively low-paid careers in primary care or clinical investigation. Three aspects of this problem are examined: (1) the cost of medical school, (2) the magnitude of student indebtedness, and (3) the effects of this indebtedness on career choices. High tuition and fees require many students to assume sizable educational debts, some of which are so large that the trainees will be unable to repay them unless they enter highly remunerative specialties. Also, high levels of indebtedness may increase default levels once graduates feel the full impact of scheduled repayments. Several steps would help to alleviate this problem, but are unlikely to solve it. First, medical schools should lower tuition or at least declare a moratorium on increases. Second, limits should be imposed on the amount of total education debt a student is allowed to assume. Third, hospitals with extensive residency programs should assume some responsibility for helping trainees manage their finances. Fourth, the government should institute a loan forgiveness program that addresses the need for physician-investigators, primary care physicians, those willing to practice in underserved areas, and those from underrepresented minorities. And fifth, all institutions involved in medical training and its finance should work together to advise students on managing their debts.

  11. Chemistry for Kids: Generating Carbon Dioxide in Elementary School Chemistry and Using a Computer To Write about It.

    Science.gov (United States)

    Schlenker, Richard M.; Yoshida, Sarah

    This material describes an activity using vinegar and baking soda to generate carbon dioxide, and writing a report using the Appleworks word processing program for grades 3 to 8 students. Time requirement, relevant process skills, vocabulary, mathematics skills, computer skills, and materials are listed. Activity procedures including class…

  12. Carbon nanotubes leading the way forward in new generation 3D tissue engineering.

    Science.gov (United States)

    Hopley, Erin Leigh; Salmasi, Shima; Kalaskar, Deepak M; Seifalian, Alexander M

    2014-01-01

    Statistics from the NHS Blood and Transplant Annual Review show that total organ transplants have increased to 4213 in 2012, while the number of people waiting to receive an organ rose to 7613 that same year. Human donors as the origin of transplanted organs no longer meet the ever-increasing demand, and so interest has shifted to synthetic organ genesis as a form of supply. This focus has given rise to new generation tissue and organ engineering, in the hope of one day designing 3D organs in vitro. While research in this field has been conducted for several decades, leading to the first synthetic trachea transplant in 2011, scaffold design for optimising complex tissue growth is still underexplored and underdeveloped. This is mostly the result of the complexity required in scaffolds, as they need to mimic the cells' native extracellular matrix. This is an intricate nanostructured environment that provides cells with physical and chemical stimuli for optimum cell attachment, proliferation and differentiation. Carbon nanotubes are a popular addition to synthetic scaffolds and have already begun to revolutionise regenerative medicine. Discovered in 1991, these are traditionally used in various areas of engineering and technology; however, due to their excellent mechanical, chemical and electrical properties their potential is now being explored in areas of drug delivery, in vivo biosensor application and tissue engineering. The incorporation of CNTs into polymer scaffolds displays a variety of structural and chemical enhancements, some of which include: increased scaffold strength and flexibility, improved biocompatibility, reduction in cancerous cell division, induction of angiogenesis, reduced thrombosis, and manipulation of gene expression in developing cells. Moreover CNTs' tensile properties open doors for dynamic scaffold design, while their thermal and electrical properties provide opportunities for the development of neural, bone and cardiac tissue constructs

  13. Storm-generated bedforms and relict dissolution pits and channels on the Yucatan carbonate platform

    Science.gov (United States)

    Gulick, S. P.; Goff, J. A.; Stewart, H. A.; Perez-Cruz, L. L.; Davis, M. B.; Duncan, D.; Saustrup, S.; Sanford, J. C.; Fucugauchi, J. U.

    2013-12-01

    The Yucatan 2013 (cruise number 2013/4_ECORD) geophysical and geotechnical hazard site survey took place aboard the R/V Justo Sierra in April 2013. Our study was conducted within the Chicxulub impact crater, encompassing three potential IODP drilling sites. The survey was located ~32 km northwest of Progreso, Mexico; data acquired included ~15.6 km2 of complete multibeam bathymetry coverage, ~435 line km of side scan sonar and CHIRP data, 204 line kilometers of magnetometer data, and 194 line kilometers of surface tow boomer profiles. Based on these data, this portion of the Yucatan Shelf consists of flat-lying, hard limestone rock overlain by isolated ribbons of carbonate sand sink hole. The NW sector of the survey area exhibits a more complex morphology than the alternating ribbon/bare rock morphology elsewhere, including linear scarps (up to ~1 m relief), deeper pitting (up to ~1 m relief), and sinuous, dendritic channeling (up to ~2 m relief). The geologic origin of these features will require further investigation. Sand drifts are present in this region, but are thinner and cover less area. These observations show the dominant modern sediment formation and transport processes on this starved platform are from large storms and hurricanes that place large regions of the platform at wave base. Remaining observed features were generated during times of lower sea level.

  14. Selective coherent phonon-mode generation in single-wall carbon nanotubes

    Science.gov (United States)

    Nugraha, Ahmad R. T.; Hasdeo, Eddwi H.; Saito, Riichiro

    2017-02-01

    The pulse-train technique within ultrafast pump-probe spectroscopy is theoretically investigated to excite a specific coherent phonon mode while suppressing the other phonon modes generated in single-wall carbon nanotubes (SWNTs). In particular, we focus on the selectivity of the radial breathing mode (RBM) and the G-band for a given SWNT. We find that if the repetition period of the pulse train matches with the integer multiple of the RBM phonon period, the RBM amplitude can be maintained while the amplitudes of the other modes are suppressed. As for the G-band, when we apply a repetition period of a half-integer multiple of the RBM period, the RBM can be suppressed because of destructive interference, while the G-band still survives. It is also possible to keep the G-band and suppress the RBM by applying a repetition period that matches with the integer multiple of the G-band phonon period. However, in this case we have to use a large number of laser pulses having a property of “magic ratio” of the G-band and RBM periods.

  15. Photocurrent generation in carbon nanotube/cubic-phase HfO2 nanoparticle hybrid nanocomposites

    Directory of Open Access Journals (Sweden)

    Protima Rauwel

    2016-07-01

    Full Text Available A hybrid material consisting of nonfunctionalized multiwall carbon nanotubes (MWCNTs and cubic-phase HfO2 nanoparticles (NPs with an average diameter of 2.6 nm has been synthesized. Free standing HfO2 NPs present unusual optical properties and a strong photoluminescence emission in the visible region, originating from surface defects. Transmission electron microscopy studies show that these NPs decorate the MWCNTs on topological defect sites. The electronic structure of the C K-edge in the nanocomposites was probed by electron energy loss spectroscopy, highlighting the key role of the MWCNT growth defects in anchoring HfO2 NPs. A combined optical emission and absorption spectroscopy approach illustrated that, in contrast to HfO2 NPs, the metallic MWCNTs do not emit light but instead expose their discrete electronic structure in the absorption spectra. The hybrid material manifests characteristic absorption features with a gradual merger of the MWCNT π-plasmon resonance band with the intrinsic defect band and fundamental edge of HfO2. The photoluminescence of the nanocomposites indicates features attributed to combined effects of charge desaturation of HfO2 surface states and charge transfer to the MWCNTs with an overall reduction of radiative recombination. Finally, photocurrent generation under UV–vis illumination suggests that a HfO2 NP/MWCNT hybrid system can be used as a flexible nanodevice for light harvesting applications.

  16. Dynamics of fragmentation and multiple vacancy generation in irradiated single-walled carbon nanotubes

    CERN Document Server

    Javeed, Sumera; Ahmad, Shoaib

    2016-01-01

    The results from mass spectrometry of clusters sputtered from Cs+ irradiated single-walled carbon nano-tubes (SWCNTs) as a function of energy and dose identify the nature of the resulting damage in the form of multiple vacancy generation. For pristine SWCNTs at all Cs+ energies, C2 is the most dominant species, followed by C3, C4 and C1. The experiments were performed in three stages: in the first stage, Cs+ energy E(Cs+) was varied. During the second stage, the nanotubes were irradiated continuously at E(Cs+) = 5 keV for 1,800 s. Afterwards, the entire sequence of irradiation energies was repeated to differentiate between the fragmentation patterns of the pristine and of heavily irradiated SWCNTs. The sputtering and normalized yields identify the quantitative and relative extent of the ion-induced damage by creating double, triple and quadruple vacancies; the single vacancies are least favored. Sputtering from the heavily irradiated SWCNTs occurs not only from the damaged and fragmented nanotubes, but also f...

  17. Optothermally responsive nanocomposite generating mechanical forces for cells enabled by few-walled carbon nanotubes.

    Science.gov (United States)

    Zeng, Yuze; Lu, Jennifer Q

    2014-11-25

    We have designed and fabricated a nanocomposite substrate that can deliver spatially and temporally defined mechanical forces onto cells. This nanocomposite substrate comprises a 1.5-mm-thick near-infrared (NIR) mechanoresponsive bottom layer of few-walled carbon nanotubes (FWCNTs) that are uniformly distributed and covalently connected to thermally responsive poly(N-isopropylacrylamide) and an approximately 0.15-mm-thick cell-seeding top layer of collagen-functionalized poly(acrylic acid)-co-poly(N-isopropylacrylamide) that interpenetrates into the bottom layer. Covalent coupling of all the components and uniform distribution of FWCNTs lead to a large local mechanoresponse. As an example, 50% change in strain at the point of irradiation on the order of 0.05 Hz can be produced reversibly under NIR stimulation with 0.02 wt % FWCNTs. We have further demonstrated that the mechanical strain imposed by NIR stimulation can be transmitted onto cells. Human fetal hepatocytes change shape with no sign of detrimental effect on cell viability. To the best of our knowledge, this is the first demonstration of a nanocomposite platform that can generate fast and controlled mechanical force to actuate cells. Since the amplitude, location, and timing of force can be controlled remotely with NIR, the nanocomposite substrate offers the potential to provide accurately designed force sequences for tissue engineering.

  18. Cookstoves: Constructions and Carbon Credit Financing

    OpenAIRE

    Ekström, Stefan; Kongshöj, Mathilda

    2014-01-01

    Two issues within cookstove production are researched using experimental tests and interviews respectively. The purpose of the first part is to contribute to a reduction in biomass fuels used by households in Kenya by determining which woodstove construction available on the Kenyan stove market is the most efficient. This is studied through experimental testing of different types of woodstoves using the Water Boiling Test. The stove type Gasifer with Forced Air, a construction based on separa...

  19. The Possibilities of Strategic Finance

    Science.gov (United States)

    Chaffee, Ellen

    2010-01-01

    Strategic finance is aligning financial decisions--regarding revenues, creating and maintaining institutional assets, and using those assets--with the institution's mission and strategic plan. The concept known as "strategic finance" increasingly is being seen as a useful perspective for helping boards and presidents develop a sustainable…

  20. Mastering R for quantitative finance

    CERN Document Server

    Berlinger, Edina; Badics, Milán; Banai, Ádám; Daróczi, Gergely; Dömötör, Barbara; Gabler, Gergely; Havran, Dániel; Juhász, Péter; Margitai, István; Márkus, Balázs; Medvegyev, Péter; Molnár, Julia; Szucs, Balázs Árpád; Tuza, Ágnes; Vadász, Tamás; Váradi, Kata; Vidovics-Dancs, Ágnes

    2015-01-01

    This book is intended for those who want to learn how to use R's capabilities to build models in quantitative finance at a more advanced level. If you wish to perfectly take up the rhythm of the chapters, you need to be at an intermediate level in quantitative finance and you also need to have a reasonable knowledge of R.

  1. The Possibilities of Strategic Finance

    Science.gov (United States)

    Chaffee, Ellen

    2010-01-01

    Strategic finance is aligning financial decisions--regarding revenues, creating and maintaining institutional assets, and using those assets--with the institution's mission and strategic plan. The concept known as "strategic finance" increasingly is being seen as a useful perspective for helping boards and presidents develop a sustainable…

  2. Default risk in project finance

    NARCIS (Netherlands)

    Klompjan, R.; Wouters, Marc

    2002-01-01

    Understanding default risk in project finance is relevant to investors. This article investigates which factors are most strongly associated with the occurrence of project finance default, using data from 210 projects, of which 37 were in default. The authors found that the use of proven technology,

  3. Personal Finance: An Interdisciplinary Profession

    Science.gov (United States)

    Schuchardt, Jane; Bagwell, Dorothy C; Bailey, William C.; DeVaney, Sharon A.; Grable, John E.; Leech, Irene E.; Lown, Jean M.; Sharpe, Deanna L.; Xiao, Jing J.

    2007-01-01

    This commentary recommends that financial counseling and planning research, education, and practice be framed as an interdisciplinary profession called personal finance. Authors summarize the history of the profession and key theories providing the conceptual foundation. In order for the emerging profession of personal finance to achieve…

  4. Family control and financing decisions

    NARCIS (Netherlands)

    Croci, Ettore; Doukas, John A.; Gonenc, Halit

    2011-01-01

    This study uses a comprehensive European dataset to investigate the role of family control in corporate financing decisions during the period 1998-2008. We find that family firms have a preference for debt financing, a non-control-diluting security, and are more reluctant than non-family firms to ra

  5. Fair Finance: gaat dat samen?

    NARCIS (Netherlands)

    Boersma, Margreet

    2014-01-01

    Op 13 februari jl. organiseerden studievereniging HSE Faktor, het Instituut FEM en Oikocredit (een bedrijf dat microkredieten verstrekt aan arme mensen in ontwikkelingslanden) het Fair Finance Symposium. Margreet Boersma gaf een lezing over haar kijk op een betere (financiële) wereld, mede gericht o

  6. Does literacy improve finance?

    Science.gov (United States)

    Poon, Martha; Olen, Helaine

    2015-04-01

    When economists ask questions about basic financial principles, most ordinary people answer incorrectly. Economic experts call this condition "financial illiteracy," which suggests that poor financial outcomes are due to a personal deficit of reading-related skills. The analogy to reading is compelling because it suggests that we can teach our way out of population-wide financial failure. In this comment, we explain why the idea of literacy appeals to policy makers in the advanced industrial nations. But we also show that the narrow skill set laid out by economists does not satisfy the politically inclusive definition of literacy that literacy studies fought for. We identify several channels through which people engage with ideas about finance and demonstrate that not all forms of literacy will lead people to the educational content prescribed by academic economists. We argue that truly financial literate people can defy the demands of financial theory and financial institutions.

  7. Romanian SMEs Financing Options:

    Directory of Open Access Journals (Sweden)

    Ioan E. Nistor

    2013-11-01

    Full Text Available One of the most pressing problems faced by micro, small and medium sized enterprises (henceforth SMEs in Europe is the access to sufficient funds to sustain their long term growth. Romanian SMEs make no exception. In this context the present paper focuses on analyzing the extent to which external funding sources have contributed to the value added created by the Romanian SMEs between 2007 and 2011.The investigation’s results indicate the existence of a causal link between some forms of external financing (namely bank loans, leasing, factoring, guarantee products and European funds and the value added created by the Romanian micro, small and medium sized enterprises in the aforementioned period.

  8. Applied quantitative finance

    CERN Document Server

    Chen, Cathy; Overbeck, Ludger

    2017-01-01

    This volume provides practical solutions and introduces recent theoretical developments in risk management, pricing of credit derivatives, quantification of volatility and copula modeling. This third edition is devoted to modern risk analysis based on quantitative methods and textual analytics to meet the current challenges in banking and finance. It includes 14 new contributions and presents a comprehensive, state-of-the-art treatment of cutting-edge methods and topics, such as collateralized debt obligations, the high-frequency analysis of market liquidity, and realized volatility. The book is divided into three parts: Part 1 revisits important market risk issues, while Part 2 introduces novel concepts in credit risk and its management along with updated quantitative methods. The third part discusses the dynamics of risk management and includes risk analysis of energy markets and for cryptocurrencies. Digital assets, such as blockchain-based currencies, have become popular b ut are theoretically challenging...

  9. Win-win finance

    Energy Technology Data Exchange (ETDEWEB)

    Panayotou, T.

    1997-07-01

    Sustainable development is grossly underfinanced. It will continue to be so, because the world is relying on conventional means to finance an unconventional idea. Official development assistance fell from 60 billion dollars in 1992 to 55 billion dollars in 1995 (in constant 1994 prices). The public sector in developing countries is underinvesting in environmental sustainability because of severe budget constraints, public sector deficits and more pressing expenditure needs. So is the private sector because, under prevailing institutional arrangements, it cannot recover costs and earn a decent rate of return from providing public goods. Other means of mobilising resources must be found. Such measures may include: phasing out subsidies, demand-scale management, better capture of resource vents, improved definition and security of property rights, and environmentally based taxation. Coal and petroleum based projects are frequently effectively subsidised. For sustainability energy efficiency measures should be subsidised, and energy consumption taxed. Increased use of economic instruments should be encouraged. 2 photos.

  10. 25 CFR 170.300 - May tribes use flexible financing to finance IRR transportation projects?

    Science.gov (United States)

    2010-04-01

    ... Financing § 170.300 May tribes use flexible financing to finance IRR transportation projects? Yes. Tribes may use flexible financing in the same manner as States to finance IRR transportation projects, unless... or bonds to finance IRR projects. Upon the request of a tribe, a BIA region will provide necessary...

  11. Statistics and finance an introduction

    CERN Document Server

    Ruppert, David

    2004-01-01

    This textbook emphasizes the applications of statistics and probability to finance. Students are assumed to have had a prior course in statistics, but no background in finance or economics. The basics of probability and statistics are reviewed and more advanced topics in statistics, such as regression, ARMA and GARCH models, the bootstrap, and nonparametric regression using splines, are introduced as needed. The book covers the classical methods of finance such as portfolio theory, CAPM, and the Black-Scholes formula, and it introduces the somewhat newer area of behavioral finance. Applications and use of MATLAB and SAS software are stressed. The book will serve as a text in courses aimed at advanced undergraduates and masters students in statistics, engineering, and applied mathematics as well as quantitatively oriented MBA students. Those in the finance industry wishing to know more statistics could also use it for self-study. David Ruppert is the Andrew Schultz, Jr. Professor of Engineering, School of Oper...

  12. The Effects of Financing on Enterprise Performance

    Directory of Open Access Journals (Sweden)

    Nicoleta BARBUTA-MISU

    2010-08-01

    Full Text Available In this paper we are proposing to approach a theme very topical in our country: choose of the most profitable and comfortable sources of financing. The major objective of research in this work is the foundation of essential decisions in the enterprise activitythat faces one of the most pressing problems: the search for a reliable source of funding. This foundation is based on the compared calculation to a series of financial indicators. Also, we are reflecting the impact of the operational leasing compared to the banking credit on the enterprise's financial situation, assessing the financial indicators, static and in dynamics by discounting of the financial flows generated, and choice of financing source considered the best and most advantageous to the enterprise “SCENT”. In theend of the paper are presented synthetic the main conclusions drawn from the analysis, related on operational leasing and its benefits and limits compared with the banking loan.

  13. Financing Infrastructure: A Spectrum of Country Approaches

    OpenAIRE

    Sophia Chong; Emily Poole

    2013-01-01

    Over recent decades, there has been a shift away from public infrastructure financing towards private infrastructure financing, particularly in advanced economies. In this article, infrastructure financing in four countries – China, India, Australia and the United Kingdom – is examined to illustrate the different approaches taken by governments to finance infrastructure and encourage private financing. In all four countries, public financing of infrastructure remains significant, ranging from...

  14. An Alternative Method for Generating Arynes from ortho-Silylaryl Triflates: Activation by Cesium Carbonate in the Presence of a Crown Ether

    Directory of Open Access Journals (Sweden)

    Suguru Yoshida

    2015-06-01

    Full Text Available An alternative method for generating arynes from ortho-silylaryl triflates using cesium carbonate and 18-crown-6 is reported. The method was efficiently applied to a variety of reactions between several arynes and arynophiles. We also demonstrated that the efficiency of aryne generation is significantly affected by the alkali metal countercation of the carbonate.

  15. Energy Conversion Efficiency Potential for Forward-Deployed Generation Using Direct Carbon Fuel Cells

    Science.gov (United States)

    2012-05-01

    et al. 2007). The DCFC can potentially convert carbon fuels (e.g., coal, charred biomass ) to electricity at 80% efficiency—well beyond the ef...to produce feasible-sized, operational units. It also explains problems encountered with partial oxidation of the carbon at high temperatures which...carbon fuel such as coal, biomass , and organic waste. Table 1 shows a general comparison of conventional fuel cells to DCFCs. At high temperatures

  16. Asia clean energy forum: policy and finance solutions for energy security and climate change

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-07-01

    The presentations (viewgraphs/overheads) discussed clean energy policy, finance and the scaling up of clean energy technologies. Sessions included energy efficiency, renewable energy, cleaner coal, sustainable transport, carbon markets, and knowledge management.

  17. Hydrothermal carbonization of food waste and associated packaging materials for energy source generation.

    Science.gov (United States)

    Li, Liang; Diederick, Ryan; Flora, Joseph R V; Berge, Nicole D

    2013-11-01

    Hydrothermal carbonization (HTC) is a thermal conversion technique that converts food wastes and associated packaging materials to a valuable, energy-rich resource. Food waste collected from local restaurants was carbonized over time at different temperatures (225, 250 and 275°C) and solids concentrations to determine how process conditions influence carbonization product properties and composition. Experiments were also conducted to determine the influence of packaging material on food waste carbonization. Results indicate the majority of initial carbon remains integrated within the solid-phase at the solids concentrations and reaction temperatures evaluated. Initial solids concentration influences carbon distribution because of increased compound solubilization, while changes in reaction temperature imparted little change on carbon distribution. The presence of packaging materials significantly influences the energy content of the recovered solids. As the proportion of packaging materials increase, the energy content of recovered solids decreases because of the low energetic retention associated with the packaging materials. HTC results in net positive energy balances at all conditions, except at a 5% (dry wt.) solids concentration. Carbonization of food waste and associated packaging materials also results in net positive balances, but energy needs for solids post-processing are significant. Advantages associated with carbonization are not fully realized when only evaluating process energetics. A more detailed life cycle assessment is needed for a more complete comparison of processes. Copyright © 2013 Elsevier Ltd. All rights reserved.

  18. Financing of terrorism : risks for Australia

    National Research Council Canada - National Science Library

    SMITH, Russell G; McCusker, Rob; Walters, Julie

    2010-01-01

    Global financing of terrorism - activities of transnational, organised groups - financing of terrorism through the use of illegally obtained funds and the diversion of funds intended for legitimate...

  19. Financing of terrorism : risks for Australia

    National Research Council Canada - National Science Library

    SMITH, Russell G; McCusker, Rob; Walters, Julie

    2010-01-01

    ... activities - financing of terrorism within Australia - regulatory framework in Australia - evidence of financing of terrorism in Australia - conclusion that Australia is at some risk of terrorist...

  20. Electron beam generation and structure of defects in carbon and boron nitride nano-tubes

    Energy Technology Data Exchange (ETDEWEB)

    Zobelli, A

    2007-10-15

    The nature and role of defects is of primary importance to understand the physical properties of C and BN (boron nitride) single walled nano-tubes (SWNTs). Transmission electron microscopy (TEM) is a well known powerful tool to study the structure of defects in materials. However, in the case of SWNTs, the electron irradiation of the TEM may knock out atoms. This effect may alter the native structure of the tube, and has also been proposed as a potential tool for nano-engineering of nano-tubular structures. Here we develop a theoretical description of the irradiation mechanism. First, the anisotropy of the emission energy threshold is obtained via density functional based calculations. Then, we numerically derive the total Mott cross section for different emission sites of carbon and boron nitride nano-tubes with different chiralities. Using a dedicated STEM (Scanning Transmission Electron Microscope) microscope with experimental conditions optimised on the basis of derived cross-sections, we are able to control the generation of defects in nano-tubular systems. Either point or line defects can be obtained with a spatial resolution of a few nanometers. The structure, energetics and electronics of point and line defects in BN systems have been investigated. Stability of mono- and di- vacancy defects in hexagonal boron nitride layers is investigated, and their activation energies and reaction paths for diffusion have been derived using the nudged elastic band method (NEB) combined with density functional based techniques. We demonstrate that the appearance of extended linear defects under electron irradiation is more favorable than a random distribution of point defects and this is due to the existence of preferential sites for atom emission in the presence of pre-existing defects, rather than thermal vacancy nucleation and migration. (author)

  1. Behavioural Finance: Theory and Survey

    Directory of Open Access Journals (Sweden)

    Daiva Jurevičienė

    2013-04-01

    Full Text Available The paper analyses the importance of behavioural finance theories in household decision-making process. Behavioural finance theories investigate emotional characteristics to explain subjective factors and irrational anomalies in financial markets. In this regard, behavioural theories and behavioural anomalies in the decision-making process are examined; the application opportunities in the financial market are described. The aim of investigation is to determine the basic features and slopes of behavioural finance in concordance with financial decisions of a household. The survey method was applied to ascertain financial behaviour of literate households.

  2. PUBLIC FINANCING OF HEALTHCARE SERVICES

    Directory of Open Access Journals (Sweden)

    Agnieszka Bem

    2013-10-01

    Full Text Available Healthcare in Poland is mainly financed by public sector entities, among them the National Health Fund (NFZ, state budget and local government budgets. The task of the National Health Fund, as the main payer in the system, is chiefly currently financing the services. The state budget plays a complementary role in the system, and finances selected groups of services, health insurance premiums and investments in healthcare infrastructure. The basic role of the local governments is to ensure access to the services, mostly by performing ownership functions towards healthcare institutions.

  3. An ancient pathway combining carbon dioxide fixation with the generation and utilization of a sodium ion gradient for ATP synthesis.

    Directory of Open Access Journals (Sweden)

    Anja Poehlein

    Full Text Available Synthesis of acetate from carbon dioxide and molecular hydrogen is considered to be the first carbon assimilation pathway on earth. It combines carbon dioxide fixation into acetyl-CoA with the production of ATP via an energized cell membrane. How the pathway is coupled with the net synthesis of ATP has been an enigma. The anaerobic, acetogenic bacterium Acetobacterium woodii uses an ancient version of this pathway without cytochromes and quinones. It generates a sodium ion potential across the cell membrane by the sodium-motive ferredoxin:NAD oxidoreductase (Rnf. The genome sequence of A. woodii solves the enigma: it uncovers Rnf as the only ion-motive enzyme coupled to the pathway and unravels a metabolism designed to produce reduced ferredoxin and overcome energetic barriers by virtue of electron-bifurcating, soluble enzymes.

  4. The effects of liquid environments on the optical properties of linear carbon chains prepared by laser ablation generated plasmas

    Energy Technology Data Exchange (ETDEWEB)

    Forte, G. [Dipartimento di Scienze del Farmaco, Università di Catania, Viale A. Doria 6, 95125 Catania (Italy); D’Urso, L., E-mail: ldurso@unict.it [Dipartimento di Scienze Chimiche, Università di Catania, Viale A. Doria 6, 95125 Catania (Italy); Fazio, E.; Patanè, S.; Neri, F. [Dipartimento di Fisica della Materia e Ingegneria Elettronica, Università di Messina, Viale F. Stagno d’Alcontres 31, 98166 Messina (Italy); Puglisi, O.; Compagnini, G. [Dipartimento di Scienze Chimiche, Università di Catania, Viale A. Doria 6, 95125 Catania (Italy)

    2013-05-01

    Linear carbon chains (LCCs) were successfully produced by laser generated plasmas in different solvents starting from graphite rods. An identification of the prepared carbon structures was carried out from the analysis of the UV–vis spectra. Moreover, a systematic analysis of the DFT computed structural and electronic response of both polyynic and cumulenic model molecules, as a function of the solvents with different polarity, was carried out. The comparison between the calculated UV–vis spectra of polyynes series with the experimental ones clearly indicates that polyynes are the dominant species produced by the ablation process. The optical limiting properties were investigated by the Z-scan method, using a nanosecond pulsed laser. Both the different solvents and the carbon chain length distribution have a driving role in the nonlinear optical response. Hence, the effect of the solvent polarity and acidity was taken into account to explain the nature of the optical limiting behaviour.

  5. Computing for Finance

    CERN Document Server

    CERN. Geneva

    2007-01-01

    The finance sector is one of the driving forces for the use of distributed or Grid computing for business purposes. The speakers will review the state-of-the-art of high performance computing in the financial sector, and provide insight into how different types of Grid computing – from local clusters to global networks - are being applied to financial applications. They will also describe the use of software and techniques from physics, such as Monte Carlo simulations, in the financial world. There will be four talks of 20min each. The talk abstracts and speaker bios are listed below. This will be followed by a Q&A panel session with the speakers. From 19:00 onwards there will be a networking cocktail for audience and speakers. This is an EGEE / CERN openlab event organized in collaboration with the regional business network rezonance.ch. A webcast of the event will be made available for subsequent viewing, along with powerpoint material presented by the speakers. Attendance is free and open to all. R...

  6. Healthcare financing in Croatia

    Directory of Open Access Journals (Sweden)

    Nevenka Kovač

    2013-12-01

    Full Text Available Healthcare financing system is of crucial importance for the functioning of any healthcare system, especially because there is no country in the world that is able to provide all its residents with access to all the benefits afforded by modern medicine. Lack of resources in general and rising healthcare expenditures are considered a difficult issue to solve in Croatia as well. Since Croatia gained its independence, its healthcare system has undergone a number of reforms, the primary objective of which was to optimize healthcare services to the actual monetary capacity of the Croatian economy. The objectives of the mentioned re - forms were partially achieved. The solutions that have been offered until now, i.e. consolidation measures undertaken in the last 10 years were necessary; however, they have not improved the operating conditions. There is still the issue of the deficit from the previous years, i.e. outstanding payments, the largest in the last decade. Analysis of the performance of healthcare institutions in 2011 shows that the decision makers will have to take up a major challenge of finding a solution to the difficulties the Croatian healthcare system has been struggling with for decades, causing a debt of 7 billion kuna. At the same time, they will need to uphold the basic principles of the Healthcare Act, i.e. to provide access to healthcare and ensure its continuity, comprehensiveness and solidarity, keeping in mind that the National Budget Act and Fiscal Responsibility Act have been adopted.

  7. Developing financeable projects in Central Europe

    Energy Technology Data Exchange (ETDEWEB)

    Chelberg, R.; Prerad, V. [POWER International, Josefov (Czechoslovakia)

    1995-12-01

    POWER`s engineering and development experience in the Czech Republic creating financeable projects within the power generation industry will be presented. POWER has been involved in the Czech Republic`s privatization process, environmental legislation as well as formation of the regulatory environment. Strategic methods for accomplishing the development of financeable projects often include ownership and financial restructuring of the projects. This is done by utilizing internal cash flows, external debt and equity placement (provided by international financial institutions) by restructuring the facility`s contractual relationships and operations (providing as least cost solution to engineering) and possibly using existing governmental guarantees. In order to make any recommendations on how to come into compliance with the country`s environmental legislation, it is necessary to begin with an analysis of the existing facility. This involves preparation of technical and economic feasibility study, evaluation of technology and preliminary engineering solutions. It further involves restructuring of power sales agreements, heat sales agreements, and fuel supply agreements. The goal is to provide suitable security for the equity and debt financing participants by mitigating risk and creating a single purpose business unit with predictable life and economics.

  8. Observation of hydrocarbon generation and migration of highly-matured carbonates by means of laser-induced fluorescence microscopy

    Institute of Scientific and Technical Information of China (English)

    2000-01-01

    Some important information on hydrocarbon generation, inclusion and migration in highly-matured carbonates of lower Palaeozoic age from the Ordos Basin and Tarim Basin hasbeen analyzed by a newly-combined laser-induced fluorescence microscope (LFM) designed by our laboratory. The following information has been obtained from the lower Ordovician lamellar carbonates with equivalent vitrinite reflectance (Ro) as high as 1.6%-1.7% and residual TOC of 0.14%-0.35% from the Ordos Basin: wide occurrences of oil and source macerals with strong fluorescence, including G. Prisca alginite, lamalginite, telalginite and algae-detrinite; fluorescing asphalt among mineral crystals; some groundmass and spheroid-like reservoir bitumen with high maturation levels in the pores of dolomites. Various kinds of fluorescing organic inclusions and asphalt have been found in the carbonates, calcareous shales and silt-shales with high maturation levels from the Cambrian-Ordovician strata in the Tarim Basin. All this helps us find and evaluate significant and excellent source rocks for large-and middle-scale gas fields. The net and micro-net systems for hydrocarbon generation, expulsion and migration in carbonates have been revealed by the highly-powered laser-induced fluorescence microscopy.

  9. Thermal characteristics of spent activated carbon generated from air cleaning units in korean nuclear power plants

    Directory of Open Access Journals (Sweden)

    Ji-Yang So

    2017-06-01

    Full Text Available To identify the feasibility of disposing of spent activated carbon as a clearance level waste, we performed characterization of radioactive pollution for spent activated carbon through radioisotope analysis; results showed that the C-14 concentrations of about half of the spent activated carbon samples taken from Korean NPPs exceeded the clearance level limit. In this situation, we selected thermal treatment technology to remove C-14 and analyzed the moisture content and thermal characteristics. The results of the moisture content analysis showed that the moisture content of the spent activated carbon is in the range of 1.2–23.9 wt% depending on the operation and storage conditions. The results of TGA indicated that most of the spent activated carbon lost weight in 3 temperature ranges. Through py-GC/MS analysis based on the result of TGA, we found that activated carbon loses weight rapidly with moisture desorption reaching to 100°C and desorbs various organic and inorganic carbon compounds reaching to 200°C. The result of pyrolysis analysis showed that the experiment of C-14 desorption using thermal treatment technology requires at least 3 steps of heat treatment, including a heat treatment at high temperature over 850°C, in order to reduce the C-14 concentration below the clearance level.

  10. Thermal characteristics of spent activated carbon generated from air cleaning units in Korean nuclear power plants

    Energy Technology Data Exchange (ETDEWEB)

    Cho, Hang Rae; So, Ji Yang [KHNP Central Research Institute, Daejeon (Korea, Republic of)

    2017-06-15

    To identify the feasibility of disposing of spent activated carbon as a clearance level waste, we performed characterization of radioactive pollution for spent activated carbon through radioisotope analysis; results showed that the C-14 concentrations of about half of the spent activated carbon samples taken from Korean NPPs exceeded the clearance level limit. In this situation, we selected thermal treatment technology to remove C-14 and analyzed the moisture content and thermal characteristics. The results of the moisture content analysis showed that the moisture content of the spent activated carbon is in the range of 1.2–23.9 wt% depending on the operation and storage conditions. The results of TGA indicated that most of the spent activated carbon lost weight in 3 temperature ranges. Through py-GC/MS analysis based on the result of TGA, we found that activated carbon loses weight rapidly with moisture desorption reaching to 100°C and desorbs various organic and inorganic carbon compounds reaching to 200°C. The result of pyrolysis analysis showed that the experiment of C-14 desorption using thermal treatment technology requires at least 3 steps of heat treatment, including a heat treatment at high temperature over 850°C, in order to reduce the C-14 concentration below the clearance level.

  11. Oxygen reduction activity of carbon fibers cathode, and application for current generation from the NAD+ and NADH recycling reaction

    Directory of Open Access Journals (Sweden)

    H. Maeda

    2012-03-01

    Full Text Available Carbon fibers treated at 700 oC for 10 min were found to have O2 reduction activity when being used as a cathode. The special type of partition combined with both cationic and anionic exchange membranes was applied between anode cell and cathode cell in order to use a highly acidic solution such as 0.5 M H2SO4 as an electrolyte of the cathode cell for increasing the efficiency of O2 reduction activity. The current generation from NAD+ and NADH recycling system combined with D-gluconolactone production from 500 mg of D-glucose was performed by applying only carbon fibers for both anode and cathode. The total current volume obtained was 81.4 mAh during the reaction for 10 h, and the current efficiency was 93%. One gram of carbon fibers was pressed with Nafion paste on a piece of carbon paper(area : 50 mm×50mm with heating to prepare the cathode, and this construct was combined with conventional fuel cell. The power density was 3.6 mW/cm2, and the total power volume was calculated to be 90 mW per 1 g of carbon fibers.

  12. PUBLIC FINANCE SUSTAINABILITY IN ROMANIA. RECENT DEVELOPMENTS

    Directory of Open Access Journals (Sweden)

    Mura Petru-Ovidiu

    2015-07-01

    Full Text Available The main objective of this paper is to evaluate the sustainability of public finance in Romania and to explore the fiscal threats Romania might face in the future. A sound fiscal policy implies avoiding excessive liabilities of the government, but at the same time delivering the proper public goods and services, including the necessary safety net in times of crisis. An unsustainable fiscal position negatively impacts on macroeconomic stability; moreover, if public finances are perceived to be unsustainable in the long run, the reaction of the international financial markets could generate a fiscal crisis, which might surprise the fiscal planners. The main findings of the paper are the following: i according to the multidimensional approach of the European Commission, in the short run, it seems that Romania is free from fiscal stress, there is a low risk in the medium term, and in the long run the risk becomes medium; ii a potential medium-term fiscal sustainability risk derives from the accumulation of losses and arrears in the business and companies sectors in which the state is a majority shareholder; iii Romania records one of the lowest budget revenues to GDP ratios in EU, while the Romanian tax system is characterized by a poor tax collection, inefficient administration and excessive bureaucracy; iv the structure of public spending in Romania is characterized by the predominance of wage spending and social assistance, while the poor state of the public pension system is an important vulnerability of the public finance position; v overall, the degree of tax compliance in Romania was only 55.8% in 2013, and according to the calculations made by the Fiscal Council, tax evasion represented 16.2% of GDP in 2013. All these aspects make up a grim picture of sustainability of public finances, which has to be considered by the public decision makers regarding future fiscal policy actions.

  13. Geothermal Outreach and Project Financing

    Energy Technology Data Exchange (ETDEWEB)

    Elizabeth Battocletti

    2006-04-06

    The ?Geothermal Outreach and Project Financing? project substantially added to the understanding of geothermal resources, technology, and small business development by both the general public as well as those in the geothermal community.

  14. Financing Training: Issues and Options.

    Science.gov (United States)

    Dougherty, Christopher; Tan, Jee-Peng

    1999-01-01

    Economic changes and retrenchment have led to reconsideration of the role of government and the private sector in financing training. When private sector-sponsored training displays inadequacies, government intervention may be necessary. (SK)

  15. Educational Finance And Student Loans

    Science.gov (United States)

    Mallan, John P.

    1973-01-01

    Lists some developments in educational finance and stresses the need for community and junior college educators to understand the problems of educational economics and to ensure that their opinions are heard by the state and federal government. (Author/RK)

  16. Coupling carbon nanomaterials with photochromic molecules for the generation of optically responsive materials

    Science.gov (United States)

    Zhang, Xiaoyan; Hou, Lili; Samorì, Paolo

    2016-04-01

    Multifunctional carbon-based nanomaterials offer routes towards the realization of smart and high-performing (opto)electronic (nano)devices, sensors and logic gates. Meanwhile photochromic molecules exhibit reversible transformation between two forms, induced by the absorption of electromagnetic radiation. By combining carbon-based nanomaterials with photochromic molecules, one can achieve reversible changes in geometrical structure, electronic properties and nanoscale mechanics triggering by light. This thus enables a reversible modulation of numerous physical and chemical properties of the carbon-based nanomaterials towards the fabrication of cognitive devices. This review examines the state of the art with respect to these responsive materials, and seeks to identify future directions for investigation.

  17. Biological effects of carbon nanotubes generated in forest wildfire ecosystems rich in resinous trees on native plants

    Directory of Open Access Journals (Sweden)

    Javier Lara-Romero

    2017-08-01

    Full Text Available Carbon nanotubes (CNTs have a broad range of applications and are generally considered human-engineered nanomaterials. However, carbon nanostructures have been found in ice cores and oil wells, suggesting that nature may provide appropriate conditions for CNT synthesis. During forest wildfires, materials such as turpentine and conifer tissues containing iron under high temperatures may create chemical conditions favorable for CNT generation, similar to those in synthetic methods. Here, we show evidence of naturally occurring multiwalled carbon nanotubes (MWCNTs produced from Pinus oocarpa and Pinus pseudostrobus, following a forest wildfire. The MWCNTs showed an average of 10 walls, with internal diameters of ∼2.5 nm and outer diameters of ∼14.5 nm. To verify whether MWCNT generation during forest wildfires has a biological effect on some characteristic plant species of these ecosystems, germination and development of seedlings were conducted. Results show that the utilization of comparable synthetic MWCNTs increased seed germination rates and the development of Lupinus elegans and Eysenhardtia polystachya, two plants species found in the burned forest ecosystem. The finding provides evidence that supports the generation and possible ecological functions of MWCNTs in nature.

  18. A Survey of Behavioral Finance

    OpenAIRE

    Nicholas Barberis; Richard Thaler

    2002-01-01

    Behavioral finance argues that some financial phenomena can plausibly be understood using models in which some agents are not fully rational. The field has two building blocks: limits to arbitrage, which argues that it can be difficult for rational traders to undo the dislocations caused by less rational traders; and psychology, which catalogues the kinds of deviations from full rationality we might expect to see. We discuss these two topics, and then present a number of behavioral finance ap...

  19. The financing of innovative firms

    OpenAIRE

    Hall, Bronwyn H.

    2009-01-01

    To what extent are new and/or innovative firms fundamentally different from established firms, and therefore require a different form of financing? The theoretical background for this proposition is presented, and the empirical evidence on its importance is reviewed. Owing to the intangible nature of their investment, asymmetric-information and moral-hazard, these firms are more likely to be financed by equity than debt and behave in some cases as though they are cash-constrained, especially ...

  20. Comparative Politics and Public Finance

    OpenAIRE

    Persson, Torsten; Roland, Gerard; Tabellini, Guido

    2000-01-01

    This paper presents a model of electoral accountability to compare the public finance outcomes under a presidential-congressional and a parliamentary system. In a presidential-congressional system, contrary to a parliamentary system, there are no endogenous incentives for legislative cohesion, but this allows for a clearer separation of powers. These features lead to clear differences in the public finance performance of the two systems. A parliamentary system has redistribution towards a maj...

  1. Corporate Finance and Comparative Advantage

    OpenAIRE

    Keuschnigg, Christian; Egger, Peter

    2009-01-01

    Since innovative firms are often financially constrained, access to external funds is important for the expansion of innovative industries. This paper reports four important results. First, comparative advantage is shaped by factor endowments as well as fundamental determinants of corporate finance. In particular, a larger equity ratio of firms and tough governance standards relax finance constraints and create a comparative advantage in innovative industries. Second, factor price equalizatio...

  2. Solid-like ablation propulsion generation in nanosecond pulsed laser interaction with carbon-doped glycerol

    Science.gov (United States)

    Zheng, Zhi-Yuan; Zhang, Si-Qi; Liang, Tian; Qi, Jing; Tang, Wei-Chong; Xiao, Ke; Gao, Lu; Gao, Hua; Zhang, Zi-Li

    2017-03-01

    A solid-like propellant of carbon-doped glycerol ablated by a nanosecond pulsed laser is investigated. The results show that the specific impulse increases with increasing carbon content, and a maximum value of 228 s is obtained. The high specific impulse is attributed to the low ablated mass loss that occurs at high carbon content. More importantly, with increasing carbon content, the properties of the doped glycerol approach to those of a solid. These results indicate that propulsion at the required coupling coefficient and specific impulse can be realized by doping a liquid propellant with an absorber. Project supported by the Fundamental Research Funds for the Central Universities, China (Grant Nos. 53200859165 and 2562010050).

  3. SABER-School Finance: Data Collection Instrument

    Science.gov (United States)

    King, Elizabeth; Patrinos, Harry; Rogers, Halsey

    2015-01-01

    The aim of the SABER-school finance initiative is to collect, analyze and disseminate comparable data about education finance systems across countries. SABER-school finance assesses education finance systems along six policy goals: (i) ensuring basic conditions for learning; (ii) monitoring learning conditions and outcomes; (iii) overseeing…

  4. 12 CFR 226.4 - Finance charge.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 3 2010-01-01 2010-01-01 false Finance charge. 226.4 Section 226.4 Banks and... LENDING (REGULATION Z) General § 226.4 Finance charge. (a) Definition. The finance charge is the cost of...) Charges by third parties. The finance charge includes fees and amounts charged by someone other than...

  5. Novel Continuous Carbon Nanofibers for the Next Generation Lightweight Structural Nanocomposites

    Science.gov (United States)

    2007-05-01

    Presentations Dzenis, Y., "Novel Continuous Carbon Nanofibers and Nanocomposites", 2006 AFOSR Polymer Matrix Composite Review, Long Beach, April 2006...Dzenis, Y., "Novel Continuous Carbon Nanofibers and Nanocomposites", 2005 AFOSR Polymer Matrix Composite Review, San Diego, August 2005 Dzenis, Y., "Next...34Electrospinning of Nanofibers for Composite Laminates", 2004 Polymer Matrix Composite Review, Long Beach, CA, May 2004 (Presented by Dr. X. Wu) Dzenis

  6. Pyrolysis of cellulose under ammonia leads to nitrogen-doped nanoporous carbon generated through methane formation.

    Science.gov (United States)

    Luo, Wei; Wang, Bao; Heron, Christopher G; Allen, Marshall J; Morre, Jeff; Maier, Claudia S; Stickle, William F; Ji, Xiulei

    2014-01-01

    Here, we present a simple one-step fabrication methodology for nitrogen-doped (N-doped) nanoporous carbon membranes via annealing cellulose filter paper under NH3. We found that nitrogen doping (up to 10.3 at %) occurs during cellulose pyrolysis under NH3 at as low as 550 °C. At 700 °C or above, N-doped carbon further reacts with NH3, resulting in a large surface area (up to 1973.3 m(2)/g). We discovered that the doped nitrogen, in fact, plays an important role in the reaction, leading to carbon gasification. CH4 was experimentally detected by mass spectrometry as a product in the reaction between N-doped carbon and NH3. When compared to conventional activated carbon (1533.6 m(2)/g), the N-doped nanoporous carbon (1326.5 m(2)/g) exhibits more than double the unit area capacitance (90 vs 41 mF/m(2)).

  7. Removal of carbon contaminations by RF plasma generated reactive species and subsequent effects on optical surface

    Energy Technology Data Exchange (ETDEWEB)

    Yadav, P. K., E-mail: praveenyadav@rrcat.gov.in; Rai, S. K.; Modi, M. H.; Nayak, M.; Lodha, G. S. [Indus Synchrotron Utilization Division, Raja Ramanna Centre for Advanced Technology, Indore-452013 (India); Kumar, M.; Chakera, J. A.; Naik, P. A. [Laser Plasma Laboratory, Laser Plasma Division, Raja Ramanna Centre for Advanced Technology, Indore-452013 (India)

    2015-06-24

    Carbon contamination on optical elements is a serious issue in synchrotron beam lines for several decades. The basic mechanism of carbon deposition on optics and cleaning strategies are not fully understood. Carbon growth mechanism and optimized cleaning procedures are worldwide under development stage. Optimized RF plasma cleaning is considered an active remedy for the same. In present study carbon contaminated optical test surfaces (carbon capped tungsten thin film) are exposed for 30 minutes to four different gases, rf plasma at constant power and constant dynamic pressure. Structural characterization (thickness, roughness and density) of virgin samples and plasma exposed samples was done by soft x-ray (λ=80 Å) reflectivity measurements at Indus-1 reflectivity beam line. Different gas plasma removes carbon with different rate (0.4 to 0.65 nm /min). A thin layer 2 to 9 nm of different roughness and density is observed at the top surface of tungsten film. Ar gas plasma is found more suitable for cleaning of tungsten surface.

  8. Optimal bioenergy power generation for climate change mitigation with or without carbon sequestration

    Science.gov (United States)

    Woolf, Dominic; Lehmann, Johannes; Lee, David R.

    2016-10-01

    Restricting global warming below 2 °C to avoid catastrophic climate change will require atmospheric carbon dioxide removal (CDR). Current integrated assessment models (IAMs) and Intergovernmental Panel on Climate Change scenarios assume that CDR within the energy sector would be delivered using bioenergy with carbon capture and storage (BECCS). Although bioenergy-biochar systems (BEBCS) can also deliver CDR, they are not included in any IPCC scenario. Here we show that despite BECCS offering twice the carbon sequestration and bioenergy per unit biomass, BEBCS may allow earlier deployment of CDR at lower carbon prices when long-term improvements in soil fertility offset biochar production costs. At carbon prices above $1,000 Mg-1 C, BECCS is most frequently (P>0.45, calculated as the fraction of Monte Carlo simulations in which BECCS is the most cost effective) the most economic biomass technology for climate-change mitigation. At carbon prices below $1,000 Mg-1 C, BEBCS is the most cost-effective technology only where biochar significantly improves agricultural yields, with pure bioenergy systems being otherwise preferred.

  9. Generations.

    Science.gov (United States)

    Chambers, David W

    2005-01-01

    Groups naturally promote their strengths and prefer values and rules that give them an identity and an advantage. This shows up as generational tensions across cohorts who share common experiences, including common elders. Dramatic cultural events in America since 1925 can help create an understanding of the differing value structures of the Silents, the Boomers, Gen Xers, and the Millennials. Differences in how these generations see motivation and values, fundamental reality, relations with others, and work are presented, as are some applications of these differences to the dental profession.

  10. Modelling of nuclear power plant decommissioning financing.

    Science.gov (United States)

    Bemš, J; Knápek, J; Králík, T; Hejhal, M; Kubančák, J; Vašíček, J

    2015-06-01

    Costs related to the decommissioning of nuclear power plants create a significant financial burden for nuclear power plant operators. This article discusses the various methodologies employed by selected European countries for financing of the liabilities related to the nuclear power plant decommissioning. The article also presents methodology of allocation of future decommissioning costs to the running costs of nuclear power plant in the form of fee imposed on each megawatt hour generated. The application of the methodology is presented in the form of a case study on a new nuclear power plant with installed capacity 1000 MW.

  11. Essentials of finance for occupational physicians.

    Science.gov (United States)

    Miller, K; Fallon, L F

    2001-01-01

    Comprehending the principles of finance is paramount to understanding the way an organization chooses to generate and use its financial resources. Financial principles may be employed in the same way a physician reviews fundamental systems to gauge a person s health. Just as basic anatomical and physiological components are used to assess the health of an individual, basic financial elements exist to ascertain the health of an organization. This chapter explains risk assessment, accounts receivable management, inventory, depreciation, capital formation, ratio analysis, and more.

  12. Power generation using an activated carbon and metal mesh cathode in a microbial fuel cell

    KAUST Repository

    Zhang, Fang

    2009-11-01

    An inexpensive activated carbon (AC) air cathode was developed as an alternative to a platinum-catalyzed electrode for oxygen reduction in a microbial fuel cell (MFC). AC was cold-pressed with a polytetrafluoroethylene (PTFE) binder to form the cathode around a Ni mesh current collector. This cathode construction avoided the need for carbon cloth or a metal catalyst, and produced a cathode with high activity for oxygen reduction at typical MFC current densities. Tests with the AC cathode produced a maximum power density of 1220 mW/m2 (normalized to cathode projected surface area; 36 W/m3 based on liquid volume) compared to 1060 mW/m2 obtained by Pt catalyzed carbon cloth cathode. The Coulombic efficiency ranged from 15% to 55%. These findings show that AC is a cost-effective material for achieving useful rates of oxygen reduction in air cathode MFCs. © 2009 Elsevier B.V. All rights reserved.

  13. Free-standing carbon nanotube/graphene hybrid papers as next generation adsorbents.

    Science.gov (United States)

    Dichiara, Anthony B; Sherwood, Tyler J; Benton-Smith, Jared; Wilson, Jonathan C; Weinstein, Steven J; Rogers, Reginald E

    2014-06-21

    The adsorption of a series of aromatic compounds from aqueous solution onto purified, free-standing single-walled carbon nanotube/graphene nanoplatelet hybrid papers is studied both experimentally and theoretically. Experimental data is obtained via changes in optical absorption spectra of the aqueous solutions and is used to extract all parameters required to implement a semi-empirical mass-transfer model. Agreement between experiment and theory is excellent and data from all compounds can be cast on a universal adsorption curve. Results indicate that the rate of adsorption and long-time capacity of many aromatic compounds on hybrid paper adsorbent significantly exceeds that of activated carbon by at least an order of magnitude. The combination of carbon nanotubes and graphene also promotes on the order of a 25% improvement in adsorption rates and capacities than either component alone. Hybrid nanocomposites show significant promise as adsorption materials used for environmental remediation efforts.

  14. To Own or Lease Solar: Understanding Commercial Retailers' Decisions to Use Alternative Financing Models

    Energy Technology Data Exchange (ETDEWEB)

    Feldman, David [National Renewable Energy Lab. (NREL), Golden, CO (United States); Margolis, Robert [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2014-12-01

    This report examines the tradeoffs among financing methods for businesses installing onsite photovoltaics (PV). We present case studies of PV financing strategies used by two large commercial retailers that have deployed substantial U.S. PV capacity: IKEA, which owns its PV, and Staples, which purchases power generated from onsite PV systems through power purchase agreements (PPAs). We also analyze the financial considerations that influence any company's choice of PV financing strategy. Our goal in this report is to clarify the financial and institutional costs and benefits of financing strategies and to inform other companies that are considering launching or expanding similar PV programs.

  15. The tubular MFC with carbon tube air-cathode for power generation and N,N-dimethylacetamide treatment.

    Science.gov (United States)

    Liu, Jiadong; Liu, Lifen; Gao, Bo

    2016-01-01

    A continuous flow microbial fuel cell (MFC) was assembled with carbon tube air-cathode and carbon felt anode. The organic solvent N,N-dimethylacetamide (DMAC) was used as the only carbon source for power generation. After the adaptive phase, the cell potential was gradually increased from 0.15 to 0.45 V with 200 Ω of external resistor during 150 h of operation. The calculated power density of this MFC was 100 mW L(-1) when the cell potential was 0.45 V. The reversible redox peaks of carbon tube were obtained in cyclic voltammogram between -0.5 and -0.25 V under aerobic circumstance. The removal rate of DMAC was 15-50% after treatment with hydraulic retention time of 12 min. The results indicated that it is possible to realize the power extraction from DMAC wastewater in the form of electricity by the bioconversion process of MFC.

  16. Suing for Your Supper? Resource Allocation, Teacher Compensation and Finance Lawsuits

    Science.gov (United States)

    Sims, David P.

    2011-01-01

    Despite a large literature examining the effect of litigation on education finance and student achievement, there is relatively little recent evidence about how extra resources generated by litigation are spent. This paper uses national data to examine the effects of high court finance rulings from 1991 to 2002 on school districts' education…

  17. Suing for Your Supper? Resource Allocation, Teacher Compensation and Finance Lawsuits

    Science.gov (United States)

    Sims, David P.

    2011-01-01

    Despite a large literature examining the effect of litigation on education finance and student achievement, there is relatively little recent evidence about how extra resources generated by litigation are spent. This paper uses national data to examine the effects of high court finance rulings from 1991 to 2002 on school districts' education…

  18. Enhanced Singlet Oxygen Generation in Oxidized Graphitic Carbon Nitride for Organic Synthesis.

    Science.gov (United States)

    Wang, Hui; Jiang, Shenlong; Chen, Shichuan; Li, Dandan; Zhang, Xiaodong; Shao, Wei; Sun, Xianshun; Xie, Junfeng; Zhao, Zhi; Zhang, Qun; Tian, Yupeng; Xie, Yi

    2016-08-01

    Experimental data reveal that the incorporation of carbonyl groups into polymer matrix can significantly enhance singlet oxygen ((1) O2 ) generation and suppress production of other reactive oxygen species. Excitonic processes investigated by phosphorescence spectroscopy reveal enhanced triplet-exciton generation in the modified g-C3 N4 , which facilitate (1) O2 generation through an energy transfer process. Benefiting from this, the modified g-C3 N4 shows excellent conversion and selectivity in organic synthesis.

  19. Field Assessment of Yeast- and Oxalic Acid-generated Carbon Dioxide for Mosquito Surveillance

    Science.gov (United States)

    2014-12-01

    generated by electro-stripping oxalic acid was produced by a Moustiq- AirTM CO2 generator (Med-e-Cell, San Diego, CA) powered with a lithium iron (Li...Moustiq- AirTM oxalic acid generator in the laboratory, and the positioning of (C) the 2 yeast tanks and (D) the Moustiq-Air when paired with a...Average flow rate (ml/min) 6 S0 generated by a single yeast-fermentation bottle (35 g yeast, 250 g sugar, 2.5 liters water), and by the Moustiq- AirTM

  20. Carbon-based catalysts:Opening new scenario to develop next-generation nano-engineered catalytic materials

    Institute of Scientific and Technical Information of China (English)

    Claudio Ampelli; Siglinda Perathoner; Gabriele Centi

    2014-01-01

    This essay analyses some of the recent development in nanocarbons (carbon materials having a defined and controlled nano-scale dimension and functional properties which strongly depend on their nano-scale features and architecture), with reference to their use as advanced catalytic materials. It is remarked how their features open new possibilities for catalysis and that they represent a new class of catalytic materials. Although carbon is used from long time in catalysis as support and electrocatalytic applications, nanocarbons offer unconventional ways for their utilization and to address some of the new challenges deriving from moving to a more sustainable future. This essay comments how nanocarbons are a key element to develop next-generation catalytic materials, but remarking that this goal requires overcoming some of the actual limits in current research. Some aspects are discussed to give a glimpse on new directions and needs for R&D to progress in this direction.

  1. Highly vibrationally excited CO generated in a low-temperature chemical reaction between carbon vapor and molecular oxygen

    Science.gov (United States)

    Jans, E.; Frederickson, K.; Yurkovich, M.; Musci, B.; Rich, J. W.; Adamovich, I. V.

    2016-08-01

    A chemical flow reactor is used to study the vibrational population distribution of CO produced by a reaction between carbon vapor generated in an arc discharge and molecular oxygen. The results demonstrate formation of highly vibrationally excited CO, up to vibrational level v = 14, at low temperatures, T = 400-450 K, with population inversion at v = 4-7, in a collision-dominated environment, 15-20 Torr. The average vibrational energy per CO molecule formed by the reaction is 0.6-1.2 eV/molecule, which corresponds to 10-20% of reaction enthalpy. The results show feasibility of development of a new CO chemical laser using carbon vapor and oxygen as reactants.

  2. Second Generation CO2 FEP Analysis: CASSIF - Carbon Storage Scenario Identification Framework

    NARCIS (Netherlands)

    Yavuz, F.; Tilburg, T. van; David, P.; Spruijt, M.; Wildenborg, T.

    2009-01-01

    Carbon dioxide Capture and Storage (CCS) is a promising contribution to reduce further increase of atmospheric CO2 emissions from fossil fuels. The CCS concept anticipates that large amounts of CO2 are going to be stored in the subsurface for the long term. Since CCS is a rather new technology, unce

  3. Power generation using an activated carbon fiber felt cathode in an upflow microbial fuel cell

    KAUST Repository

    Deng, Qian

    2010-02-01

    An activated carbon fiber felt (ACFF) cathode lacking metal catalysts is used in an upflow microbial fuel cell (UMFC). The maximum power density with the ACFF cathode is 315 mW m-2, compared to lower values with cathodes made of plain carbon paper (67 mW m-2), carbon felt (77 mW m-2), or platinum-coated carbon paper (124 mW m-2, 0.2 mg-Pt cm-2). The addition of platinum to the ACFF cathode (0.2 mg-Pt cm-2) increases the maximum power density to 391 mW m-2. Power production is further increased to 784 mW m-2 by increasing the cathode surface area and shaping it into a tubular form. With ACFF cutting into granules, the maximum power is 481 mW m-2 (0.5 cm granules), and 667 mW m-2 (1.0 cm granules). These results show that ACFF cathodes lacking metal catalysts can be used to substantially increase power production in UMFC compared to traditional materials lacking a precious metal catalyst. © 2009 Elsevier B.V.

  4. Beyond pure offsetting: Assessing options to generate Net-Mitigation-Effects in carbon market mechanisms

    NARCIS (Netherlands)

    Warnecke, C.; Wartmann, S.; Hoehne, N.E.; Blok, K.

    2014-01-01

    The current project-based carbon market mechanisms such as the Clean Development Mechanism (CDM) and the Joint Implementation (JI) do not have a direct impact on global greenhouse gas emission levels, because they only replace or offset emissions. Nor do they contribute to host country¿s national gr

  5. Beyond pure offsetting: Assessing options to generate Net-Mitigation-Effects in carbon market mechanisms

    NARCIS (Netherlands)

    Warnecke, C.; Wartmann, S.; Hohne, N.; Blok, Kornelis

    2014-01-01

    The current project-based carbon market mechanisms such as the Clean Development Mechanism (CDM) and the Joint Implementation (JI) do not have a direct impact on global greenhouse gas emission levels, because they only replace or offset emissions. Nor do they contribute to host country׳s national gr

  6. Analysis of Carbon Policies for Electricity Networks with High Penetration of Green Generation

    Science.gov (United States)

    Feijoo, Felipe A.

    In recent decades, climate change has become one of the most crucial challenges for humanity. Climate change has a direct correlation with global warming, caused mainly by the green house gas emissions (GHG). The Environmental Protection Agency in the U.S. (EPA) attributes carbon dioxide to account for approximately 82% of the GHG emissions. Unfortunately, the energy sector is the main producer of carbon dioxide, with China and the U.S. as the highest emitters. Therefore, there is a strong (positive) correlation between energy production, global warming, and climate change. Stringent carbon emissions reduction targets have been established in order to reduce the impacts of GHG. Achieving these emissions reduction goals will require implementation of policies like as cap-and-trade and carbon taxes, together with transformation of the electricity grid into a smarter system with high green energy penetration. However, the consideration of policies solely in view of carbon emissions reduction may adversely impact other market outcomes such as electricity prices and consumption. In this dissertation, a two-layer mathematical-statistical framework is presented, that serves to develop carbon policies to reduce emissions level while minimizing the negative impacts on other market outcomes. The bottom layer of the two layer model comprises a bi-level optimization problem. The top layer comprises a statistical model and a Pareto analysis. Two related but different problems are studied under this methodology. The first problem looks into the design of cap-and-trade policies for deregulated electricity markets that satisfy the interest of different market constituents. Via the second problem, it is demonstrated how the framework can be used to obtain levels of carbon emissions reduction while minimizing the negative impact on electricity demand and maximizing green penetration from microgrids. In the aforementioned studies, forecasts for electricity prices and production cost

  7. Finances and College Athletics

    Science.gov (United States)

    Hodge, Frank; Tanlu, Lloyd

    2009-01-01

    In 2008-2009, the National Collegiate Athletic Association (NCAA) generated television and marketing revenues of approximately $591 million, college sports apparel sales topped $4 billion, and several schools signed multimedia-rights deals for more than $100 million (Berkowitz, 2009; National Collegiate Athletic Association, 2009). At the Division…

  8. Treatment of carbon fiber brush anodes for improving power generation in air–cathode microbial fuel cells

    KAUST Repository

    Feng, Yujie

    2010-04-02

    Carbon brush electrodes have been used to provide high surface areas for bacterial growth and high power densities in microbial fuel cells (MFCs). A high-temperature ammonia gas treatment has been used to enhance power generation, but less energy-intensive methods are needed for treating these electrodes in practice. Three different treatment methods are examined here for enhancing power generation of carbon fiber brushes: acid soaking (CF-A), heating (CF-H), and a combination of both processes (CF-AH). The combined heat and acid treatment improve power production to 1370 mW m-2, which is 34% larger than the untreated control (CF-C, 1020 mW m-2). This power density is 25% higher than using only acid treatment (1100 mW m-2) and 7% higher than that using only heat treatment (1280 mW m-2). XPS analysis of the treated and untreated anode materials indicates that power increases are related to higher N1s/C1s ratios and a lower C-O composition. These findings demonstrate efficient and simple methods for improving power generation using graphite fiber brushes, and provide insight into reasons for improving performance that may help to further increase power through other graphite fiber modifications. © 2009 Elsevier B.V. All rights reserved.

  9. Silver quantum cluster (ag9 )-grafted graphitic carbon nitride nanosheets for photocatalytic hydrogen generation and dye degradation.

    Science.gov (United States)

    Sridharan, Kishore; Jang, Eunyong; Park, Jung Hyun; Kim, Jong-Ho; Lee, Jung-Ho; Park, Tae Joo

    2015-06-15

    We report the visible-light photocatalytic properties of a composite system consisting of silver quantum clusters [Ag9 (H2 MSA)7 ] (H2 MSA=mercaptosuccinic acid) embedded on graphitic carbon nitride nanosheets (AgQCs-GCN). The composites were prepared through a simple chemical route; their structural, chemical, morphological, and optical properties were characterized by using X-ray diffraction (XRD), energy dispersive X-ray spectroscopy, transmission electron microscopy, UV/Vis diffuse reflectance spectroscopy, and photoluminescence spectroscopy. Embedment of [Ag9 (H2 MSA)7 ] on graphitic carbon nitride nanosheets (GCN) resulted in extended visible-light absorption through multiple single-electron transitions in Ag quantum clusters and an effective electronic structure for hydroxyl radical generation, which enabled increased activity in the photocatalytic degradation of methylene blue and methyl orange dye molecules compared with pristine GCN and silver nanoparticle-grafted GCN (AgNPs-GCN). Similarly, the amount of hydrogen generated by using AgQCs-GCN was 1.7 times higher than pristine GCN. However, the rate of hydrogen generated using AgQCs-GCN was slightly less than that of AgNPs-GCN because of surface hydroxyl radical formation. The plausible photocatalytic processes are discussed in detail.

  10. A novel method to characterize bacterial communities affected by carbon source and electricity generation in microbial fuel cells using stable isotope probing and Illumina sequencing.

    Science.gov (United States)

    Song, Yang; Xiao, Li; Jayamani, Indumathy; He, Zhen; Cupples, Alison M

    2015-01-01

    Stable isotope probing and high throughput sequencing were used to characterize the microbial communities involved in carbon uptake in microbial fuel cells at two levels of electricity generation. With acetate, the dominant phylotypes involved in carbon uptake included Geobacter and Rhodocyclaceae. With glucose, both Enterobacteriaceae and Geobacter were dominant.

  11. The Adaptation Finance Gap Report

    DEFF Research Database (Denmark)

    UNEP’s Adaptation Gap Report series focuses on Finance, Technology and Knowledge gaps in climate change adaptation. It compliments the Emissions Gap Report series, and explores the implications of failing to close the emissions gap. The report builds on a 2014 assessment by the United Nations...... Environment Programme (UNEP), which laid out the concept of ‘adaptation gaps’ and outlined three such gaps: technology, finance and knowledge. The 2016 Adaptation Gap Report assesses the difference between the financial costs of adapting to climate change in developing countries and the amount of money...... actually available to meet these costs – a difference known as the “adaptation finance gap”. Like the 2014 report, the 2016 report focuses on developing countries, where adaptation capacity is often the lowest and needs the highest, and concentrates on the period up to 2050. The report identifies trends...

  12. Investment Appraisal Process in the Banking & Finance Industry

    NARCIS (Netherlands)

    M.M. Akalu; J.R. Turner (Rodney)

    2002-01-01

    textabstractWe have studied how the banking and finance industry performs investment appraisal, measures subsequent follow-up and designates project success or failure. Furthermore, the authors looked into the extent of use of the new generation value management models. The result shows that firms a

  13. Investment Appraisal Process in the Banking & Finance Industry

    NARCIS (Netherlands)

    M.M. Akalu; J.R. Turner (Rodney)

    2002-01-01

    textabstractWe have studied how the banking and finance industry performs investment appraisal, measures subsequent follow-up and designates project success or failure. Furthermore, the authors looked into the extent of use of the new generation value management models. The result shows that firms

  14. High-current long-duration uniform electron beam generation in a diode with multicapillary carbon-epoxy cathode

    Energy Technology Data Exchange (ETDEWEB)

    Queller, T.; Gleizer, J. Z.; Krasik, Ya. E. [Physics Department, Technion, Haifa 32000 (Israel)

    2013-09-28

    The results of reproducibly generating an electron beam with a current density of up to 5 kA/cm{sup 2}, without the cathode-anode gap being shorted by the plasma formed inside the cathode carbon-epoxy capillaries, in a ∼350 kV, ∼600 ns diode, with and without an external guiding magnetic field, are presented. The cathode sustained hundreds of pulses without degradation of its emission properties. Time- and space-resolved emissions of the plasma and spectroscopy analyses were used to determine the cathode plasma's density, temperature, and expansion velocity.

  15. High-current long-duration uniform electron beam generation in a diode with multicapillary carbon-epoxy cathode

    Science.gov (United States)

    Queller, T.; Gleizer, J. Z.; Krasik, Ya. E.

    2013-09-01

    The results of reproducibly generating an electron beam with a current density of up to 5 kA/cm2, without the cathode-anode gap being shorted by the plasma formed inside the cathode carbon-epoxy capillaries, in a ˜350 kV, ˜600 ns diode, with and without an external guiding magnetic field, are presented. The cathode sustained hundreds of pulses without degradation of its emission properties. Time- and space-resolved emissions of the plasma and spectroscopy analyses were used to determine the cathode plasma's density, temperature, and expansion velocity.

  16. Aerosol generation and characterization of multi-walled carbon nanotubes exposed to cells cultured at the air-liquid interface.

    Science.gov (United States)

    Polk, William W; Sharma, Monita; Sayes, Christie M; Hotchkiss, Jon A; Clippinger, Amy J

    2016-04-23

    Aerosol generation and characterization are critical components in the assessment of the inhalation hazards of engineered nanomaterials (NMs). An extensive review was conducted on aerosol generation and exposure apparatus as part of an international expert workshop convened to discuss the design of an in vitro testing strategy to assess pulmonary toxicity following exposure to aerosolized particles. More specifically, this workshop focused on the design of an in vitro method to predict the development of pulmonary fibrosis in humans following exposure to multi-walled carbon nanotubes (MWCNTs). Aerosol generators, for dry or liquid particle suspension aerosolization, and exposure chambers, including both commercially available systems and those developed by independent researchers, were evaluated. Additionally, characterization methods that can be used and the time points at which characterization can be conducted in order to interpret in vitro exposure results were assessed. Summarized below is the information presented and discussed regarding the relevance of various aerosol generation and characterization techniques specific to aerosolized MWCNTs exposed to cells cultured at the air-liquid interface (ALI). The generation of MWCNT aerosols relevant to human exposures and their characterization throughout exposure in an ALI system is critical for extrapolation of in vitro results to toxicological outcomes in humans.

  17. The managerial process of business financing

    Directory of Open Access Journals (Sweden)

    Solomia Andres

    2008-10-01

    Full Text Available This paper presents some modalities and financing forces for business, getting out in the first place the entrepreneur ingenuity for finding these sources of financing necessary for the business success. Also get some contributions and proposals regarding the criteria’s of which the entrepreneur must be take care in choosing the financial sources, for preparing the finance pack and presenting the financing demands, which good documented, not only grows up the chances of one financing but also can lead to fix some relations on long time with financing source.

  18. Comparative Analysis of Pine Needles and Coal for Electricity Generation using Carbon Taxation and Emission Reductions

    Directory of Open Access Journals (Sweden)

    Dhaundiyal Alok

    2015-06-01

    Full Text Available Mitigating global climate change via emission control and taxation is promising for strengthening the economic benefits of bioenergy generation and utilization. This study examines the cost effectiveness of pine needles as an alternative fuel for off-grid electricity generation in India. We first examined the changes of prices in coal for electricity generation due to CO2 emission reductions and taxes using experimental data of gasification plants. The time value of money and depreciation scale were used to find out the real levellized cost of electricity generation of gasification plants. Then, the costs of electricity generation fuelled by pine needles and coal were estimated using the cost analysis method. Our results indicate that pine needles would have more competitive edge than coal if emission had taxed at about an emission tax INR 525.15 Mg-1 of CO2 (US$ 8.4, or higher would be needed for pine needles at a yield of 202.176 dry Mg hm-2 yr. The price of coal used for electricity generation would have significantly increased if global CO2 emission had abridged by 20% or more. However, pine needles were found a much better fuel source with an increasing yield of 5.05 Mg hm-2 yr (with respect to power generation and 2.335 Mg hm-2 yr (with respect to feedstock production.

  19. Shifting the Climate Finance Paradigm: Nine Key Challenges for Developed Countries

    Energy Technology Data Exchange (ETDEWEB)

    Curtin, Joseph

    2013-03-13

    In 2009, developed countries committed to part-funding the cost of adapting to the impacts of climate change and of low carbon development in developing countries. From 2010 to 2012, fast start finance began to flow from developed country exchequers. However, the climate finance paradigm is now shifting. A transition from loans and grants provided from scarce exchequer resources to innovative instruments for leveraging private capital and mitigating investment risk is required in the coming period. But what are the implications for developed countries? This policy brief explores the policy context defining the current climate finance debate; examines the extent to which commitments have been met; and identifies nine key challenges for developed countries as they enter the new climate finance paradigm, drawing on the lessons of the fast start finance period. This is the second in a series of Environment Nexus policy briefs by leading experts in the fields of agriculture, energy, climate change and water.

  20. Can we Finance the Energy Transition?

    Directory of Open Access Journals (Sweden)

    Ian Johnson

    2015-05-01

    decisions; changes in decision-tools especially the use of high discount rates and inadequate accounting rules; a stable and appropriate price for carbon, the largest economic externality in the sector; and a major uplift in efforts to conserve both energy and capital. Innovative schemes between public and private finance should be deepened. Long term institutional capital (such as pension funds and sovereign wealth funds are an important growth area for energy funding. “Green bonds” have shown promise and are growing fast. Public finance, bilateral and multi-lateral, must be increased to address the major public good issue of climate change. However, at heart, lies a financial sector not equipped to provide finance to the real economy and to the kind of investment streams outlined in this report: an overhaul of the global financial sector must underwrite any of the specific financing efforts proposed in this paper.

  1. Assesment of Carbon Credits for Power Generation Systems at GSM Base Station Site

    OpenAIRE

    Ani, Vincent Anayochukwu; Ani, Emmanuel Onyeka

    2016-01-01

    Electricity production is often a source of CO2 emissions, for instance when fossil fuel is combusted in power plants. Therefore the root cause of pollution coming from telecommunication industry is the source of energy (diesel genset) the network operators used in running their Base station sites. Energy consumption of using diesel to power base station by telecom networks is a contributor to global greenhouse gas (GHG) emissions. This paper presents the comparative carbon credits of hybrid ...

  2. Connecting the Water and Carbon Cycles for the Generation of Food Security and Ecosystem Services

    OpenAIRE

    Burke, Shivaan M.; Poncé-Hernandez, Raul

    2014-01-01

    Water scarcity and food insecurity are pervasive issues in the developing world and are also intrinsically linked to one another. Through the connection of the water cycle and the carbon cycle this study illustrates that synergistic benefits can be realized by small scale farmers through the implementation of waste water irrigated agroforestry. The WaNuLCAS model is employed using La Huerta agroforestry site in Texcoco, South Central Mexico, as the basis for parameterization. The results of m...

  3. Carbon now real factor in denying permits to coal-based generation

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2009-01-15

    Concerns about global climate change and uncertainties about the potential cost of carbon regulation have increased the odds that applications to build coal-fired plants will be denied. In Kansas the coal industry was stunned by the denial of an air-quality permit for a project because of concerns about global warming. It was the first time any official anywhere had invoked greenhouse gases as the reason for denying an operating permit for a proposed fossil-fueled plant.

  4. An overview of carbon monoxide generation and release by home appliances

    Energy Technology Data Exchange (ETDEWEB)

    Batey, J. [Energy Research Center, Inc., Easton, CT (United States)

    1997-09-01

    Carbon monoxide (CO) is an odorless, colorless and tasteless gas which is highly toxic and can be produced by many combustion sources commonly found within homes. Potential sources include boilers and furnaces, water heaters, space heaters, stoves, ovens, clothes dryers, wood stoves, fireplaces, charcoal grilles, automobiles, cigarettes, oil lamps, and candles. Any fuel that contains carbon can form CO including, natural gas, propane, kerosene, fuel oil, wood, and coal. Exposure to elevated CO levels typically requires its production by a combustion source and its release into the home through a venting system malfunction. The health effects of CO range from headaches and flue-like symptoms to loss of concentration, coma and death depending on the concentration of CO and the exposure time. At levels of only 1%, which is the order of magnitude produced by automobile exhaust, carbon monoxide can cause death in less than 3 minutes. While most combustion equipment operate with low CO levels, many operating factors can contribute to elevated CO levels in the home including: burner adjustment, combustion air supply, house air-tightness, exhaust fan operation, cracked heat exchangers, vent blockages, and flue pipe damage. Test data on CO emissions is presented from a wide range of sources including Brookhaven National Laboratory, Gas Research Institute, American Gas Association, the US Environmental Protection Agency, and the US Consumer Product Safety Commission for many potential CO sources in and near the home.

  5. Ultrastable nitrogen-doped carbon encapsulating molybdenum phosphide nanoparticles as highly efficient electrocatalyst for hydrogen generation.

    Science.gov (United States)

    Pu, Zonghua; Amiinu, Ibrahim Saana; Liu, Xiaobo; Wang, Min; Mu, Shichun

    2016-10-06

    There is a crucial demand for cost-effective hydrogen evolution reaction (HER) catalysts towards future renewable energy systems, and the development of such catalysts operating under all pH conditions still remains a challenging task. In this work, a one-step facile approach to synthesizing nitrogen-doped carbon encapsulating molybdenum phosphide nanoparticles (MoP NPs@NC) is introduced by using ammonium molybdate, ammonium dihydrogen phosphate and melamine as precursor. Benefitting from structural advantages, including ultrasmall nanoparticles, large exposed surface area and fast charge transfer, MoP NPs@NC exhibits excellent HER catalytic activities with small overpotentials at all pH values (j = 10 mA cm(-2) at η = 115, 136 and 80 mV in 0.5 M H2SO4, 1.0 M phosphate buffer solution and 1.0 M KOH, respectively.). Meanwhile, the high catalytic activities of MoP NPs@NC under both neutral and basic conditions have never been achieved before for molybdenum phosphide-based catalysts. Additionally, the encapsulation by N-doped carbon effectively prevents the MoP NPs from corrosion, exhibiting nearly unfading stability after 100 h testing in 0.5 M H2SO4. Thus, our work could pave a new avenue for unprecedented design and fabrication of novel low-cost metal phosphide electrocatalysts encapsulated by N-doped carbon.

  6. 中国碳金融市场对区域产业结构的影响研究--基于panel data计量模型的实证分析%On the Influence of China's Carbon Finance Market on Regional Economic Structure---Based on the Panel Date Econometic Model

    Institute of Scientific and Technical Information of China (English)

    梅晓红

    2015-01-01

    The article selects the top ten provinces in China CDM carbon trading as sample data, analyzing the relationship between coefficient of industrial structure and the per unit of GDP carbon emissions reductions. Then, through analysis the difficulties of Chinese carbon financial market current development and the way of impact of carbon financial market on industrial structure, the paper explores China's carbon finance market impact on regional industrial structure. Using fixed effects model based on panel data, the paper has a quantitatively discussion on carbon financial impact on regional industrial structure. It is found that the size of the carbon trading of an area will exert an active positive influence on the regional industrial structure. However, there are differences among various regions. The main reasons are local culture, stage of development and policy guidance. Finally, the paper puts forward the countermeasures to promote the development of carbon finance and low carbon economy, such as carbon financial development strategy, increase the carbon financial market infrastructure and improve the carbon financial supervision and risk prevention system.%文章选取中国CDM碳交易数量位居前列的十个省份为样本数据,对产业结构系数与单位GDP碳减排量之间的关系进行了梳理,并通过分析目前中国碳金融市场发展困境与碳金融市场对产业结构的影响方式,探究出中国碳金融市场对区域产业结构的影响。通过采用面板数据背景下的固定效应模型进行统计分析,从定量的角度研究了碳金融对区域产业结构的影响,得到了某一区域碳交易规模的大小会对该区域产业结构系数起到积极的正向影响的结论。但是,不同区域之间存在差异性,主要原因归根于当地文化、发展阶段与政策导向。最后文章有针对性地从制定碳金融发展战略、加大碳金融市场基础设施建设与完善碳金融

  7. Hydrogen generation from 2,2,4-trimethyl pentane reforming over molybdenum carbide at low steam-to-carbon ratios

    Science.gov (United States)

    Cheekatamarla, Praveen K.; Thomson, William J.

    Because of the need for an efficient and inexpensive reforming catalyst, the objective of this work is to determine the feasibility of employing Mo 2C catalyst for the steam reforming and oxy-steam reforming of the higher hydrocarbons typical of transportation fuels such as gasoline. It is shown that bulk Mo 2C catalysts can successfully reform 2,2,4-trimethyl pentane (isooctane) to generate H 2, CO and CO 2 at very low steam/carbon ratios, without coke formation, eliminating the need for pre-reforming. Maximum hydrogen generation was observed at a S/C ratio of 1.3 and 1000 °C during SR reactions and S/C of 0.71, O 2/C of 0.12 at 900 °C during oxidative steam reforming reactions.

  8. Project of the borehole neutron generator for the direct determination of oxygen and carbon by activation method

    Science.gov (United States)

    Bogdanovich, B. Yu; Vovchenko, E. D.; Iliinskiy, A. V.; Isaev, A. A.; Kozlovskiy, K. I.; Nesterovich, A. V.; Senyukov, V. A.; Shikanov, A. E.

    2016-09-01

    The paper deals with application features of borehole neutron generator (BNG) based on the vacuum accelerating tube (AT) with laser-plasma ion source for determination of oxygen isotope 16O and carbon isotope 12C by direct activation. The project of pulsed BNG for realization of an activation method in the conditions of natural presence of productive hydrocarbons is offered. The diode system with radial acceleration, magnetic electron insulation and laser-plasma source of deuterons at the anode in a sealed-off vacuum accelerating tube is applied. The permanent NdFeB magnet with induction about 0.5 T for produce the insulating magnetic field in the diode gap is proposed. In the experiments on the model of BNG with the accelerating voltage source (≈350 kV), performed by the scheme of Arkadiev-Marx generator, the output of (d, d) neutrons was ∼107 pulse-1.

  9. Enhanced hydroxyl radical generation in the combined ozonation and electrolysis process using carbon nanotubes containing gas diffusion cathode.

    Science.gov (United States)

    Wu, Donghai; Lu, Guanghua; Zhang, Ran; Lin, Qiuhong; Yan, Zhenhua; Liu, Jianchao; Li, Yi

    2015-10-01

    Combination of ozone together with electrolysis (ozone-electrolysis) is a promising wastewater treatment technology. This work investigated the potential use of carbon nanotube (CNT)-based gas diffusion cathode (GDC) for ozone-electrolysis process employing hydroxyl radicals (·OH) production as an indicator. Compared with conventional active carbon (AC)-polytetrafluoroethylene (PTFE) and carbon black (CB)-PTFE cathodes, the production of ·OH in the coupled process was improved using CNTs-PTFE GDC. Appropriate addition of acetylene black (AB) and pore-forming agent Na2SO4 could enhance the efficiency of CNTs-PTFE GDC. The optimum GDC composition was obtained by response surface methodology (RSM) analysis and was determined as CNTs 31.2 wt%, PTFE 60.6 wt%, AB 3.5 wt%, and Na2SO4 4.7 wt%. Moreover, the optimized CNT-based GDC exhibited much more effective than traditional Ti and graphite cathodes in Acid Orange 7 (AO7) mineralization and possessed the desirable stability without performance decay after ten times reaction. The comparison tests revealed that peroxone reaction was the main pathway of ·OH production in the present system, and cathodic reduction of ozone could significantly promote ·OH generation. These results suggested that application of CNT-based GDC offers considerable advantages in ozone-electrolysis of organic wastewater.

  10. STUDY REGARDING THE ROMANIAN RURAL TOURISM FINANCING AND DEVELOPMENT OPPORTUNITIES

    Directory of Open Access Journals (Sweden)

    Nicolae BALTEŞ

    2009-06-01

    Full Text Available Rural tourism and agricultural tourism are activities, which generate alternative incomes, a fact that offers development possibilities to the rural space, due to the unique landscapes, large semi-natural areas, the inhabitants' born hospitality in the rural surroundings. From this perspective, a modernization, development and innovation process for the Romanian rural tourism is required. All these aspects, however, require financing. Therefore, a pre-accession financing source of the rural tourism was the SAPARD programme, a programme which "offered the opportunity" to many business people to start their business in this field. The paper shows the evolution of the rural boarding houses between 2003-2007, with analyses on the number, type of financing, development region.

  11. Optimal Financing with CDS Markets

    NARCIS (Netherlands)

    R. Matta

    2013-01-01

    One could argue that CDSs improve risk sharing, hence credit supply and financing terms for firms. Accordingly, one would expect risky borrowers to benefit the most from CDS insurance. This is in contrast, however, with recent empirical evidence (Ashcraft and Santos (2009) and Hirtle (2009)). This p

  12. New Insights into Behavioral Finance

    NARCIS (Netherlands)

    G. Baltussen (Guido)

    2008-01-01

    textabstractThis thesis applies insights from psychology and other behavioral sciences to overcome the shortcomings of the traditional finance approach (which assumes that agents and markets are rational) and improves our understanding of financial markets and its participants. More specific, this t

  13. Operationalizing Counter Threat Finance Strategies

    Science.gov (United States)

    2014-12-01

    4, 2011, p. 359. 29. F. N. Baldwin , “The Financing of Terror in the Age of the Internet: Wilful Blindness, Greed or a Political Statement?” Jour...Jr. Director of Research Dr. Steven K. Metz Author Dr. Shima D. Keene Editor for Production Dr. James G. Pierce Publications Assistant Ms. Rita A

  14. Financing home care in Europe.

    NARCIS (Netherlands)

    Genet, N.; Gulácsi, L.; Boerma, W.; Hutchinson, A.; Garms-Homolova, V.; Naiditch, M.

    2010-01-01

    Introduction: Financial incentives are widely used to get better value for money. Incentives can be applied to authorities responsible for home care, or to agencies that provide services or to clients who receive care. Details of the financing system of home care services very much determine the pos

  15. Three essays in pension finance

    NARCIS (Netherlands)

    Shi, Z.

    2009-01-01

    This thesis focuses on the three major participants in pension finance, namely, pension funds, individuals, and sponsoring companies. In the light of the fragile financial market performance, prudential regulatory rules, including Value-at-Risk (VaR) constraints, are imposed widely all over the worl

  16. Australian University International Student Finances

    Science.gov (United States)

    Forbes-Mewett, Helen; Marginson, Simon; Nyland, Chris; Ramia, Gaby; Sawir, Erlenawati

    2009-01-01

    The omission of international students from the Australian Vice-Chancellor's Committee (AVCC) 2007 national study on student finances is indicative of a pattern of exclusion. The exclusion is unacceptable from a humane perspective and feeds the belief that Australians perceive international students primarily as "cash cows". This study…

  17. The financing of cooperative businesses

    Directory of Open Access Journals (Sweden)

    Alfredo Ispizua

    2005-12-01

    Full Text Available Concern for adequate funding, both at birth and consolidation of the cooperative enterprise, has been, is and will be a constant concern in the cooperative world. So, have emerged in the legal field, a number of financial instruments of various kinds: as equity securities or special interests that seek to cover traditional financing gaps.

  18. Raising financing through strategic timing

    Science.gov (United States)

    Maine, Elicia; Thomas, V. J.

    2017-02-01

    Strategic timing can be key for nano-drug-delivery ventures to get financing. Timely publications engage potential partners; early broad, blocking, relevant patents demonstrate the potential to appropriate value; and venture formation closer to clinical viability better aligns its timeline with that of venture capitalists.

  19. Grassroots financing; Graswurzel-Finanzierung

    Energy Technology Data Exchange (ETDEWEB)

    Hannen, Petra

    2013-05-01

    The idea of a common financing of a photovoltaic project is not new. It is new that interested parties no longer have to meet in community centers or clubhouses, but that a virtual meeting place is sufficient. Crowd funding projects on the world-wide web bring together solar projects and investors.

  20. Off-Balance Sheet Financing.

    Science.gov (United States)

    Adams, Matthew C.

    1998-01-01

    Examines off-balance sheet financing, the facilities use of outsourcing for selected needs, as a means of saving operational costs and using facility assets efficiently. Examples of using outside sources for energy supply and food services, as well as partnering with business for facility expansion are provided. Concluding comments address tax…

  1. Three essays in pension finance

    NARCIS (Netherlands)

    Shi, Z.

    2009-01-01

    This thesis focuses on the three major participants in pension finance, namely, pension funds, individuals, and sponsoring companies. In the light of the fragile financial market performance, prudential regulatory rules, including Value-at-Risk (VaR) constraints, are imposed widely all over the worl

  2. Housing Markets and School Financing

    Science.gov (United States)

    Loubert, Linda

    2005-01-01

    As school quality improves, does the housing market reflect buyers' perception of that change? In 1993, Texas implemented Senate Bill 7 (S.B. 7), commonly known as the Robin Hood financing of local schools, wherein some of the property tax revenues from wealthy school districts are redistributed to less wealthy districts. Data from Dallas County…

  3. Engaging the Private Sector in the Potential Generation of Carbon Credits from REDD+. An Analysis of Issues

    Energy Technology Data Exchange (ETDEWEB)

    O' Sullivan, R.; Streck, C.; Pearson, T.; Brown, S.; Gilbert, A. [Climate Focus, Washington, DC (United States)

    2010-08-15

    Reducing emissions from deforestation and forest degradation is a prominent agenda item within the international climate change negotiations. It is also significant in many domestic discussions around climate change and mitigation. One of the issues discussed internationally and domestically is how to pay for reducing emissions from deforestation and degradation and whether or not the private sector should be involved. If the private sector is involved, this creates a set of additional issues including the extent of their involvement, how policy choices can either encourage or discourage the private sector, and safeguarding environmental integrity. Climate Focus, Winrock International, and Ecofys have conducted a project for the UK Department for International Development of the UK Government (DFID) on engaging the private sector in the potential generation of carbon from Reduced Emissions from Deforestation and forest Degradation in developing countries (REDD+). The project was implemented from November 2009 till March 2010. This report represents the findings of this project. The objective of this study is to analyse the role the private sector could play in investing in activities that could generate carbon market credits from REDD+ and the implications this has for designing such market mechanisms. The research focuses on ways in which the private sector could be incentivised to invest in REDD+ activities when the crediting baseline is set at a national level.

  4. Heat Generation and Transfer Behaviors of Ti-Coated Carbon Steel Rod Adaptable for Ablation Therapy of Oral Cancer

    Directory of Open Access Journals (Sweden)

    Yuji Watanabe

    2013-02-01

    Full Text Available For the purpose of developing a novel ablation therapy for oral cancer, the heat generation and transfer properties of a Ti-coated carbon steel rod with 20-mm length and 1.8-mm outer diameter were investigated by means of a high-frequency induction technique at 300 kHz. The heat generation measurement performed using water (15 mL revealed that the difference of the inclination angles (θ = 0°, 45° and 90° relative to the magnetic flux direction only slightly affects the heating behavior, exhibiting the overlapped temperature curves during an induction time of 1200 s. These results suggest that the effect of the shape magnetic anisotropy is almost eliminated, being convenient for the precise control of the ablation temperature in clinical use. In the experiments utilizing a tissue-mimicking phantom, the heat transfer concentrically occurred in the lateral direction for both the planar surface and a 10-mm deep cross-section. However, the former exhibited a considerably lower increase in temperature (ΔT, probably due to the effect of heat dissipation to the ambient air. No significant heat transfer was found to occur to the lower side of the inserted Ti-coated carbon steel rod, which is situated in the longitudinal direction.

  5. Building the Next Generation of Earth Scientists: the Deep Carbon Observatory Early Career Scientist Workshops

    Science.gov (United States)

    Pratt, K.; Fellowes, J.; Giovannelli, D.; Stagno, V.

    2016-12-01

    Building a network of collaborators and colleagues is a key professional development activity for early career scientists (ECS) dealing with a challenging job market. At large conferences, young scientists often focus on interacting with senior researchers, competing for a small number of positions in leading laboratories. However, building a strong, international network amongst their peers in related disciplines is often as valuable in the long run. The Deep Carbon Observatory (DCO) began funding a series of workshops in 2014 designed to connect early career researchers within its extensive network of multidisciplinary scientists. The workshops, by design, are by and for early career scientists, thus removing any element of competition and focusing on peer-to-peer networking, collaboration, and creativity. The successful workshops, organized by committees of early career deep carbon scientists, have nucleated a lively community of like-minded individuals from around the world. Indeed, the organizers themselves often benefit greatly from the leadership experience of pulling together an international workshop on budget and on deadline. We have found that a combination of presentations from all participants in classroom sessions, professional development training such as communication and data management, and field-based relationship building and networking is a recipe for success. Small groups within the DCO ECS network have formed; publishing papers together, forging new research directions, and planning novel and ambitious field campaigns. Many DCO ECS also have come together to convene sessions at major international conferences, including the AGU Fall Meeting. Most of all, there is a broad sense of camaraderie and accessibility within the DCO ECS Community, providing the foundation for a career in the new, international, and interdisciplinary field of deep carbon science.

  6. Essays in Banking and Corporate Finance

    NARCIS (Netherlands)

    T. Wang (Teng)

    2015-01-01

    markdownabstract__Abstract__ This dissertation bundles three empirical studies in the area of corporate finance and banking. These studies investigate corporates’ financing activity with a special focus on the interaction between the banking industry and corporate borrowers. By showing how

  7. Water Infrastructure and Resiliency Finance Center

    Science.gov (United States)

    The Water Infrastructure and Resiliency Finance Center serves as a resource to communities to improve their wastewater, drinking water and stormwater systems, particularly through innovative financing and increased resiliency to climate change.

  8. THE PROBLEM OF FINANCING INNOVATION OF ENTERPRISES

    Directory of Open Access Journals (Sweden)

    Alexander Ildyakov

    2012-01-01

    Full Text Available The article examines the main issues related to financing innovation in enterprises. The author proves the problem of financing innovation as a key deterrent to the innovative development of Russian enterprises.

  9. Properties of terahertz wave generated by the metallic carbon nanotube antenna

    Institute of Scientific and Technical Information of China (English)

    Yue Wang; Qun Wu

    2008-01-01

    @@ The properties of terahertz (THz) radiation pulses emitted by a metallic, large aspect ratio carbon nanotube antenna have been studied both in the THz waveforms and field distribution. The peak THz field up to 2.66 and 1.26 kV/cm are observed at the probe points. The proposed antenna is designed to operate for dual frequency applications from 2.36 to 2.58 THz and from 7.27 to 7.5 THz for less than -10 dB return loss.

  10. p-doped multiwall carbon nanotube/perylene diimide derivative photoelectrochemical cells for photocurrent generation

    Energy Technology Data Exchange (ETDEWEB)

    Troeger, Anna; Ledendecker, Marc; Margraf, Johannes T.; Sgobba, Vito; Guldi, Dirk M. [Department of Chemistry and Pharmacy and Interdisciplinary Center for Molecular Materials, Friedrich Alexander University Erlangen-Nuremberg, Erlangen (Germany); Vieweg, Benito F.; Spiecker, Erdmann [Center for Nanoanalysis and Electron Microscopy (CENEM) and Department Werkstoffwissenschaften/VII, Friedrich Alexander University Erlangen-Nuremberg, Erlangen (Germany); Suraru, Sabin-Lucian; Wuerthner, Frank [Institut fuer Organische Chemie and Roentgen Research Center for Complex Material Systems, Universitaet Wuerzburg, Wuerzburg (Germany)

    2012-05-15

    A perylene diimide (PDI) derivative bearing four chlorine substituents in the bay area is deposited together with pristine multiwall carbon nanotubes (MWNTs) and/or Nafion p-doped MWNTs (p-MWNTs) onto indium tin oxide (ITO) solid substrates by means of air-brushing. The resulting photoanodes are studied in photoelectrochemical cells and reveal highest photocurrent efficiencies when PDI and p-MWNT are combined as photoactive materials, indicating the beneficial effect of Nafion. (Copyright copyright 2012 WILEY-VCH Verlag GmbH and Co. KGaA, Weinheim)

  11. Hospital breaks new ground with hybrid financing package.

    Science.gov (United States)

    McGuinness, L; Kline, T

    1984-02-01

    By applying financial management techniques that are more traditionally associated with corporate businesses, an Illinois hospital was able to generate the funds needed for a new replacement facility at a time when the money market was especially tight. The authors explain the structure of the hybrid financing package they used, and how such a strategy enabled the hospital to generate $61 million in capital at an interest rate almost 5 percent below prime.

  12. Effect of temperature and stress on molecular structure and carbon monoxide generation of lignite from Kailuan mining area

    Institute of Scientific and Technical Information of China (English)

    Xiao Cangyan; Wei Chongtao; Guo Li Wen; Shen Jian

    2016-01-01

    In order to analyze the origin of carbon monoxide (CO) in coal seams, stress–strain experiments under temperature of 50, 150 and 250 °C were conducted using lignite from Kailuan mining area. Fourier trans-form infrared spectroscopy and elemental analysis were carried out before and after deformation of the samples. The results indicated that CO generated at 150 and 250 °C;the gas component was mostly oxy-gen (O2), with small amount of carbon dioxide (CO2), methane (CH4) and hydrogen (H2). At 50 °C, O2 and a little CO2 were observed and no CO was found. The carbon content of the coal samples increased slightly after deformation, and the oxygen content, H/C ratio, and O/C ratio decreased. The molecular structure of coal displayed different evolution characteristics at various temperatures. At 50 and 150 °C, the falling off of side chains, broken of ether bond and directional realignment of the aliphatic chains resulting in the formation of long chains were the main performance of coal molecular structure evolution. While at 250 °C, the side chains fell off and short chains formed. Furthermore, at both 150 and 250 °C, condensed degree of aromatic ring increased. Under the action of temperature and pressure, CO forms in two ways. The first is that ether bond breaks, oxygen and carbon atoms combine together and forms CO, or O2 form-ing in the broken of ether–oxygen bond leads to the oxidation of free radicals and resulting in the forma-tion of CO. And the second is that CO derives from falling off of C=O group.

  13. An Introduction to International Factoring & Project Finance

    OpenAIRE

    Glinavos, Ioannis

    2002-01-01

    This work consists of two essays on law and finance in international trade. It addresses the means of raising funds for investment through receivables financing and project finance. The first essay discusses the role of receivables financing and in particular factoring in international trade. It examines the nature of factoring transactions and presents the efforts at regulation on an international level aimed at overcoming the difficulties in enforcement. The second essay discusses project f...

  14. The vanishing effect of finance on growth

    OpenAIRE

    Gründler, Klaus

    2015-01-01

    This paper investigates the causes of the "vanishing effect of finance" detected in recent studies. The results highlight that the negative effect of the financial system on growth is mainly driven by advanced economies, whereas finance is still beneficial for income increases in developing countries. The reason is that finance and growth are associated via a nonlinear relationship, which is due to a fundamental change in the transmission mechanism of finance across different levels of econom...

  15. An Introduction to International Factoring & Project Finance

    OpenAIRE

    Glinavos, Ioannis

    2002-01-01

    This work consists of two essays on law and finance in international trade. It addresses the means of raising funds for investment through receivables financing and project finance. The first essay discusses the role of receivables financing and in particular factoring in international trade. It examines the nature of factoring transactions and presents the efforts at regulation on an international level aimed at overcoming the difficulties in enforcement. The second essay discusses project f...

  16. [Electricity generation by the microbial fuel cells using carbon nanotube as the anode].

    Science.gov (United States)

    Liang, Peng; Fan, Ming-zhi; Cao, Xiao-xin; Huang, Xia; Peng, Yin-ming; Wang, Shuo; Gong, Qian-ming; Liang, Ji

    2008-08-01

    The characteristic of anode plays an important role in the performance of the microbial fuel cell (MFC). Thus, carbon nanotube (CN), flexible graphite (FG) and activated carbon (AC) were used as anode material in this study, and the performances of three MFCs (CN-MFC, FG-MFC and AC-MFC) were studied. The results show that CN is a kind of suitable material to be used as anode in the MFC. The maximal power densities of CN-MFC, FG-MFC and AC-MFC are 402,354 and 274 mW/m2, respectively. The CN-MFC shows a higher power density and coulombic efficiency compared with FG-MFC and AC-MFC. The CN-anode can reduce the internal resistance obviously. The internal resistances of CN-MFC, AC-MFC and FG-MFC are 263, 301 and 381 omega, respectively. The protein contents on the CN-anode, AC-anode and FG-anode are 149, 132 and 92 microg/cm2 after stable operation, and there is a positive relation between the protein content and internal resistance. The conductivity of the three types of MFCs from high to low was FG-MFC, CN-MFC and AC-MFC, which was accordant with the ohmic resistance. The stable times of CN-MFC, FG-MFC and AC-MFC, which were needed to measure the internal resistances, were 1800, 1200 and 300 s respectively.

  17. Barriers to the Transfer of Low-carbon Electricity Generation Technologies in Four Latin American Countries

    DEFF Research Database (Denmark)

    Desgain, Denis DR; Haselip, James Arthur

    2015-01-01

    This article discusses the conclusions of four national Technology Needs Assessment (TNA) processes in Latin America (2011-2013), as applied to the electricity sector. The primary focus is on the financial and economic barriers identified by countries to the transfer of prioritized low-carbon ene......This article discusses the conclusions of four national Technology Needs Assessment (TNA) processes in Latin America (2011-2013), as applied to the electricity sector. The primary focus is on the financial and economic barriers identified by countries to the transfer of prioritized low......-carbon energy technologies. While many electricity markets in Latin America were liberalized during the 1990s and 2000s, such market-driven reform policies were far from uniform and in reality there exist a diversity of governance frameworks for national electricity markets, exemplified here by Argentina, Cuba...... to the debate about the relationship between financial and economic barriers to technology transfer and electricity market structures, based on a new round of country-driven priorities and analysis, in support of the UNFCCC process on climate change mitigation....

  18. Room-temperature single-photon generation from solitary dopants of carbon nanotubes

    Science.gov (United States)

    Ma, Xuedan; Hartmann, Nicolai F.; Baldwin, Jon K. S.; Doorn, Stephen K.; Htoon, Han

    2015-08-01

    On-demand single-photon sources capable of operating at room temperature and the telecom wavelength range of 1,300-1,500 nm hold the key to the realization of novel technologies that span from sub-diffraction imaging to quantum key distribution and photonic quantum information processing. Here, we show that incorporation of undoped (6,5) single-walled carbon nanotubes into a SiO2 matrix can lead to the creation of solitary oxygen dopant states capable of fluctuation-free, room-temperature single-photon emission in the 1,100-1,300 nm wavelength range. We investigated the effects of temperature on photoluminescence emission efficiencies, fluctuations and decay dynamics of the dopant states and determined the conditions most suitable for the observation of single-photon emission. This emission can in principle be extended to 1,500 nm by doping of smaller-bandgap single-walled carbon nanotubes. This easy tunability presents a distinct advantage over existing defect centre single-photon emitters (for example, diamond defect centres). Our SiO2-encapsulated sample also presents exciting opportunities to apply Si/SiO2-based micro/nano-device fabrication techniques in the development of electrically driven single-photon sources and integration of these sources into quantum photonic devices and networks.

  19. The hidden costs of fossil power generation in Indonesia: A reduction approach through low carbon society

    Directory of Open Access Journals (Sweden)

    Muhammad Ery Wijaya

    2010-03-01

    Full Text Available Energy production and consumption is always accompanied with environmental and societal issues. Electricity as onefinal energy form plays an important role in people’s activities. However, the electric utilities have focused on producingelectricity in abundance and with an affordable price. The production of electricity results in undesirable emissions and environmental effects called externalities. This paper assesses the externality cost of electricity production in Indonesia by using the life cycle inventory analysis approach. In 2025, the results show that the total external costs according to the government plan are 42 billion US$. In addition, low carbon society behavior will be introduced into the Indonesian society to reducethe externality cost in the long term Indonesian electricity expansion planning. The results of low carbon society actionsshow that in the long term the Indonesian electricity expansion planning of 34.6 TWh of electricity demand and 7.3 GW of installed capacity can be reduced from these actions. Finally, at the end of the period, these actions are successful, and reducing the total external cost by 2 billion US$.

  20. The EPSA Project Finance Mapping Tool

    Energy Technology Data Exchange (ETDEWEB)

    Hadley, Stanton W. [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Chinthavali, Supriya [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

    2016-07-01

    The Energy Policy and Systems Analysis Office of DOE has requested a tool to compare the impact of various Federal policies on the financial viability of generation resources across the country. Policy options could include production tax credits, investment tax credits, solar renewable energy credits, tax abatement, accelerated depreciation, tax-free loans, and others. The tool would model the finances of projects in all fifty states, and possibly other geographic units like utility service territories and RTO/ISO territories. The tool would consider the facility s cost, financing, production, and revenues under different capital and market structures to determine things like levelized cost of energy, return on equity, and cost impacts on others (e.g., load-serving entities, society.) The tool would compare the cost and value of the facility to the local regional alternatives to determine how and where policy levers may provide sufficient incremental value to motivate investment. The results will be displayed through a purpose-built visualization that maps geographic variations and shows associated figures and tables.

  1. Combining hybrid cars and synthetic fuels with electricity generation and carbon capture and storage

    NARCIS (Netherlands)

    van Vliet, O.P.R.|info:eu-repo/dai/nl/288519361; van den Broek, M.A.|info:eu-repo/dai/nl/092946895; Turkenburg, W.C.|info:eu-repo/dai/nl/073416355; Faaij, A.P.C.|info:eu-repo/dai/nl/10685903X

    2011-01-01

    We examined the co-evolution of the transportation, and electricity and heat generation sectors in the Netherlands until 2040 using a MARKAL bottom-up cost optimisation model. All scenario variants investigated indicate a switch away from crude oil-based diesel and petrol for transportation. Lowest

  2. Generation of aliphatic acid anions and carbon dioxide by hydrous pyrolysis of crude oils

    Science.gov (United States)

    Kharaka, Y.K.; Lundegard, P.D.; Ambats, G.; Evans, William C.; Bischoff, J.L.

    1993-01-01

    Two crude oils with relatively high (0.60 wt%) and low (0.18 wt%) oxygen contents were heated in the presence of water in gold-plated reactors at 300??C for 2348 h. The high-oxygen oil was also heated at 200??C for 5711 h. The compositions of aqueous organic acid anions of the oils and of the headspace gases were monitored inn order to investigate the distribution of organic acids that can be generated from liquid petroleum. The oil with higher oxygen content generated about five times as much organic anions as the other oil. The dominant organic anions produced were acetate, propionate and butyrate. Small amounts of formate, succinate, methyl succinate and oxalate were also produced. The dominant oxygen-containing product was CO2, as has been observed in similar studies on the hydrous pyrolysis of kerogen. These results indicate that a significant portion (10-30%) of organic acid anions reported i be generated by thermal alteration of oils in reservoir rocks. The bulk of organic acid anions present in formation waters, however, is most likely generated by thermal alteration of kerogen in source rocks. Kerogen is more abundant than oil in sedimentary basins and the relative yields of organic acid anions reported from the hydrous pyrolysis of kerogen are much higher than the yields obtained for the two oils. ?? 1993.

  3. Corporate finance theorie en financiële crisis in breder perspectief

    NARCIS (Netherlands)

    Boot, A.W.A.

    2008-01-01

    Deze publicatie van het Amsterdam Center for Corporate Finance in haar discussiereeks ‘Topics in Corporate Finance’ gaat over de financiële crisis. Dat het financiële systeem het afgelopen jaar enige schrammetjes heeft opgelopen is een understatement. Het financiële stelsel staat onder druk. Grote

  4. The financing behavior of Dutch firms

    NARCIS (Netherlands)

    Chen, Linda H.; Jiang, George J.

    2001-01-01

    This paper investigates the financing behaviour of Dutch firms by testing whether a firm’s financing decisions are determined by certain factors identified in various theories. Since a firm’s financing decision is reflected in the changes of its leverage, our research focuses on the relationship bet

  5. Threshold Concepts in Finance: Student Perspectives

    Science.gov (United States)

    Hoadley, Susan; Kyng, Tim; Tickle, Leonie; Wood, Leigh N.

    2015-01-01

    Finance threshold concepts are the essential conceptual knowledge that underpin well-developed financial capabilities and are central to the mastery of finance. In this paper we investigate threshold concepts in finance from the point of view of students, by establishing the extent to which students are aware of threshold concepts identified by…

  6. Why Finance Should Care about Ecology

    NARCIS (Netherlands)

    Scholtens, Lambertus

    Finance ignores ecosystems, which has resulted in a growing list of environmental and social problems. In this article, the importance of ecology for finance is assessed. We suggest The piece also suggests that the financial intermediation perspective can align finance and ecology for the benefit of

  7. Threshold Concepts in Finance: Student Perspectives

    Science.gov (United States)

    Hoadley, Susan; Kyng, Tim; Tickle, Leonie; Wood, Leigh N.

    2015-01-01

    Finance threshold concepts are the essential conceptual knowledge that underpin well-developed financial capabilities and are central to the mastery of finance. In this paper we investigate threshold concepts in finance from the point of view of students, by establishing the extent to which students are aware of threshold concepts identified by…

  8. 78 FR 33755 - Project Financing Loans

    Science.gov (United States)

    2013-06-05

    ... finance electric infrastructure projects, including those that use renewable sources of energy. RUS is... $43 billion. While RUS has authority to finance electric infrastructure on a ``project'' basis and has... investments. In a ``project'' finance model, the assets and revenues from a particular investment form the...

  9. Private Placement Debt Financing for Public Entities

    Science.gov (United States)

    Holman, Lance S.

    2010-01-01

    Private placement financing is a debt or capital lease obligation arranged between a municipality or a 501(c) (3) not-for-profit organization and a single sophisticated institutional investor. The investor can be a bank, insurance company, finance company, hedge fund, or high-net worth individual. Private placement financing is similar to…

  10. Discussion On The Theory Of Behavioral Finance

    Institute of Scientific and Technical Information of China (English)

    Jing Lulu

    2014-01-01

    behavioral finance theory as a new research field is introduced into China from the last century 80's, the study not only explains many anomalies in the market, also poses a challenge to traditional finance theory, some could not be explained by traditional financial theory, behavioral finance theory provides a new vision for us.

  11. 7 CFR 1738.19 - Facilities financed.

    Science.gov (United States)

    2010-01-01

    ... broadband loans to finance broadband facilities leased under the terms of a capital lease as defined in... under the terms of an operating lease as defined in generally accepted accounting principles. (c) RUS... Facilities financed. (a) RUS makes broadband loans to finance the construction, improvement, and...

  12. Study on Risk Management in Financing and Operational of Grameen Bank Financing Concept in MBK Finance

    Directory of Open Access Journals (Sweden)

    Bobby Yulandika Putra

    2014-03-01

    Full Text Available Objective – Poverty is one of the most fundamental issues that still surround the life of 29.89 million people of Indonesia (National Statistical Bureau data from January 2, 2012. During this time, the pattern of poverty alleviation programs undertaken by the government is a pattern of generosity. This pattern can directly exacerbate the poor morals and behavior. Ideally, poverty alleviation efforts are made by concrete steps, which empower poor `communities themselves.In line with the theme of this research, one of the financial institutions (non-Banks who cares and has the spirit to empower people to overcome poverty is Mitra Bisnis Keluarga (MBK. This study aimed to assess the financial risks and operational risks of implementation of Grameen Bank financing concept in MBK.Methods - The method used in this research is literature review and qualitative descriptive study using actual MBK data.Results - Results from this research showed that products with the concept of Grameen Bank financing is relatively safe in the terms of the financing risk, but requires more attention on operational risk and which can be implemented for large-scale poverty alleviation program.Conclusion - The data showed that the risk of financing given to the poor (without collateral is minimal and MBK actual data shows that the Operational self-sufficiency is relatively high at> 90% Keywords : MBK, Grameen Bank, Poverty

  13. 75 FR 38158 - Korea Finance Corporation; Notice of Application

    Science.gov (United States)

    2010-07-01

    ... COMMISSION Korea Finance Corporation; Notice of Application June 25, 2010. AGENCY: Securities and Exchange... Finance Corporation (``Applicant''). SUMMARY: Summary of Application: Applicant, a policy finance...-owned policy finance institution established by the Korean Government on October 28, 2009, pursuant...

  14. Fresh Water Generation from Aquifer-Pressured Carbon Storage: Annual Report FY09

    Energy Technology Data Exchange (ETDEWEB)

    Wolery, T; Aines, R; Hao, Y; Bourcier, W; Wolfe, T; Haussman, C

    2009-11-25

    This project is establishing the potential for using brine pressurized by Carbon Capture and Storage (CCS) operations in saline formations as the feedstock for desalination and water treatment technologies including reverse osmosis (RO) and nanofiltration (NF). The aquifer pressure resulting from the energy required to inject the carbon dioxide provides all or part of the inlet pressure for the desalination system. Residual brine is reinjected into the formation at net volume reduction, such that the volume of fresh water extracted balances the volume of CO{sub 2} injected into the formation. This process provides additional CO{sub 2} storage capacity in the aquifer, reduces operational risks (cap-rock fracturing, contamination of neighboring fresh water aquifers, and seismicity) by relieving overpressure in the formation, and provides a source of low-cost fresh water to offset costs or operational water needs. This multi-faceted project combines elements of geochemistry, reservoir engineering, and water treatment engineering. The range of saline formation waters is being identified and analyzed. Computer modeling and laboratory-scale experimentation are being used to examine mineral scaling and osmotic pressure limitations. Computer modeling is being used to evaluate processes in the storage aquifer, including the evolution of the pressure field. Water treatment costs are being evaluated by comparing the necessary process facilities to those in common use for seawater RO. There are presently limited brine composition data available for actual CCS sites by the site operators including in the U.S. the seven regional Carbon Sequestration Partnerships (CSPs). To work around this, we are building a 'catalog' of compositions representative of 'produced' waters (waters produced in the course of seeking or producing oil and gas), to which we are adding data from actual CCS sites as they become available. Produced waters comprise the most common

  15. Instability of finance markets. Normal liquid markets vs. finance crashes

    Science.gov (United States)

    McCauley, J. L.

    2009-11-01

    This lecture focuses on the economic crisis in the world today, and can be seen as a continuation of my Geilo 2007 lecture where I observed that we had a Dollar crisis based on the worldwide flood of Dollars (M3) that began after 1971 [1,2]. Here, I want to focus on why we have a finance crisis, which is essentially a Dollar crisis, and what I think will need to be done to get out of it. Toward that end, the instability of normal liquid finance markets is contrasted with the worse instability of a liquidity drought, so I'll begin by explaining the former. The current liquidity drought can be compared with the Great Depression and is the covered in the second part of this paper.

  16. Access to finance from different finance provider types: Farmer knowledge of the requirements

    Science.gov (United States)

    Meuwissen, Miranda P. M.; Karmana, Maman H.; Oude Lansink, Alfons G. J. M.

    2017-01-01

    Analysing farmer knowledge of the requirements of finance providers can provide valuable insights to policy makers about ways to improve farmers’ access to finance. This study compares farmer knowledge of the requirements to obtain finance with the actual requirements set by different finance provider types, and investigates the relation between demographic and socioeconomic factors and farmer knowledge of finance requirements. We use a structured questionnaire to collect data from a sample of finance providers and farmers in Java Island, Indonesia. We find that the most important requirements to acquire finance vary among different finance provider types. We also find that farmers generally have little knowledge of the requirements, which are important to each type of finance provider. Awareness campaigns are needed to increase farmer knowledge of the diversity of requirements among the finance provider types. PMID:28877174

  17. Access to finance from different finance provider types: Farmer knowledge of the requirements.

    Science.gov (United States)

    Wulandari, Eliana; Meuwissen, Miranda P M; Karmana, Maman H; Oude Lansink, Alfons G J M

    2017-01-01

    Analysing farmer knowledge of the requirements of finance providers can provide valuable insights to policy makers about ways to improve farmers' access to finance. This study compares farmer knowledge of the requirements to obtain finance with the actual requirements set by different finance provider types, and investigates the relation between demographic and socioeconomic factors and farmer knowledge of finance requirements. We use a structured questionnaire to collect data from a sample of finance providers and farmers in Java Island, Indonesia. We find that the most important requirements to acquire finance vary among different finance provider types. We also find that farmers generally have little knowledge of the requirements, which are important to each type of finance provider. Awareness campaigns are needed to increase farmer knowledge of the diversity of requirements among the finance provider types.

  18. Carbon Nanotube Enhanced Aerospace Composite Materials A New Generation of Multifunctional Hybrid Structural Composites

    CERN Document Server

    Kostopoulos, V

    2013-01-01

    The well documented increase in the use of high performance composites as structural materials in aerospace components is continuously raising the demands in terms of dynamic performance, structural integrity, reliable life monitoring systems and adaptive actuating abilities. Current technologies address the above issues separately; material property tailoring and custom design practices aim to the enhancement of dynamic and damage tolerance characteristics, whereas life monitoring and actuation is performed with embedded sensors that may be detrimental to the structural integrity of the component. This publication explores the unique properties of carbon nanotubes (CNT) as an additive in the matrix of Fibre Reinforced Plastics (FRP), for producing structural composites with improved mechanical performance as well as sensing/actuating capabilities. The successful combination of the CNT properties and existing sensing actuating technologies leads to the realization of a multifunctional FRP structure. The curre...

  19. Fresh Water Generation from Aquifer-Pressured Carbon Storage: Interim Progress Report

    Energy Technology Data Exchange (ETDEWEB)

    Aines, R D; Wolery, T J; Hao, Y; Bourcier, W L

    2009-07-22

    This project is establishing the potential for using brine pressurized by Carbon Capture and Storage (CCS) operations in saline formations as the feedstock for desalination and water treatment technologies including nanofiltration (NF) and reverse osmosis (RO). The aquifer pressure resulting from the energy required to inject the carbon dioxide provides all or part of the inlet pressure for the desalination system. Residual brine would be reinjected into the formation at net volume reduction. This process provides additional storage space (capacity) in the aquifer, reduces operational risks by relieving overpressure in the aquifer, and provides a source of low-cost fresh water to offset costs or operational water needs. Computer modeling and laboratory-scale experimentation are being used to examine mineral scaling and osmotic pressure limitations for brines typical of CCS sites. Computer modeling is being used to evaluate processes in the aquifer, including the evolution of the pressure field. This progress report deals mainly with our geochemical modeling of high-salinity brines and covers the first six months of project execution (September, 2008 to March, 2009). Costs and implementation results will be presented in the annual report. The brines typical of sequestration sites can be several times more concentrated than seawater, requiring specialized modeling codes typical of those developed for nuclear waste disposal calculations. The osmotic pressure developed as the brines are concentrated is of particular concern, as are precipitates that can cause fouling of reverse osmosis membranes and other types of membranes (e.g., NF). We have now completed the development associated with tasks (1) and (2) of the work plan. We now have a contract with Perlorica, Inc., to provide support to the cost analysis and nanofiltration evaluation. We have also conducted several preliminary analyses of the pressure effect in the reservoir in order to confirm that reservoir

  20. Barriers to the Transfer of Low-carbon Electricity Generation Technologies in Four Latin American Countries

    DEFF Research Database (Denmark)

    Desgain, Denis DR; Haselip, James Arthur

    2015-01-01

    This article discusses the conclusions of four national Technology Needs Assessment (TNA) processes in Latin America (2011-2013), as applied to the electricity sector. The primary focus is on the financial and economic barriers identified by countries to the transfer of prioritized low-carbon ene......This article discusses the conclusions of four national Technology Needs Assessment (TNA) processes in Latin America (2011-2013), as applied to the electricity sector. The primary focus is on the financial and economic barriers identified by countries to the transfer of prioritized low...... to the debate about the relationship between financial and economic barriers to technology transfer and electricity market structures, based on a new round of country-driven priorities and analysis, in support of the UNFCCC process on climate change mitigation....

  1. Phase matched backward-wave second harmonic generation in a hyperbolic carbon nanoforest

    CERN Document Server

    Popov, A K; Myslivets, S A

    2016-01-01

    We show that deliberately engineered spatially dispersive metamaterial slab can enable co-existence and phase matching of contra-propagating ordinary fundamental and backward second harmonic electromagnetic modes. Energy flux and phase velocity are contra-directed in backward waves which determines extraordinary nonlinear-optical propagation processes. Frequencies, phase and group velocities, as well as nanowavequide losses inherent to the electromagnetic modes supported by the metamaterial can be tailored to optimize nonlinear-optical conversion of frequencies and propagation directions of the coupled waves. Such a possibility, which is of paramount importance for nonlinear photonics, is proved with numerical model of the hyperbolic metamaterial made of carbon nanotubes standing on metal surface. Extraordinary properties of backward-wave second harmonic in the THz and IR propagating in the reflection direction are investigated with focus on pulsed regime.

  2. Plugging the Energy Efficiency Gap with Climate Finance

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2012-07-01

    The role of International Financial Institutions (IFIs) and the Green Climate Fund to realise the potential of energy efficiency in developing countries. This report examines the current role of climate finance in funding EE projects and the potential to channel funds to relevant EE projects in developing countries under the new Green Climate Fund (GCF). The objectives of the report are to examine: 1) the share of climate finance currently being channelled to energy efficiency measures, and 2) how the design of climate finance can better facilitate energy efficiency projects. Improving energy efficiency (EE) can deliver a range of benefits such as improved air quality, enhanced economic competitiveness and, at the national scale, a higher degree of energy security. Significant improvements in energy efficiency in developing countries could provide greater opportunity for economic growth while also providing broader access to energy and related services even from limited energy resources. However, several barriers limit the scaling-up of funding of EE projects in developing countries (some are common also to developed countries). The report focuses primarily on public climate finance flows from 'north' to 'south', probing the current use of funds from multi-lateral development banks (MDBs), bi-lateral financial institutions (BFIs) and carbon markets for energy efficiency projects and the design of the future climate financial mechanisms such as the Green Climate Fund to encourage energy efficiency improvements in developing countries.

  3. Risk Analysis of Telecom Enterprise Financing

    Institute of Scientific and Technical Information of China (English)

    YU Hua; SHU Hua-ying

    2005-01-01

    The main research objects in this paper are the causes searching and risk estimating method for telecom enterprises' financial risks. The multi-mode financing for telecom enterprises makes it flexible to induce the capital and obtain the profit by corresponding projects. But there are also potential risks going with these financing modes. After making analysis of categories and causes of telecom enterprises' financing risk, a method by Analytic Hierarchy Process (AHP) is put forward to estimating the financing risk. And the author makes her suggestion and opinion by example analysis, in order to provide some ideas and basis for telecom enterprise's financing decision-making.

  4. INTERNATIONALLY LEGAL MEASURES TO COMBAT TERRORIST FINANCING

    Directory of Open Access Journals (Sweden)

    Yuniarti Yuniarti

    2014-09-01

    Full Text Available Following the terrorist attacks in the USA on September 11th, 2001, it was discovered that money laundering was a significant source of finance for terrorists. Although, the amount of money that involve is not as involve as in drug and gun trafficking, terrorist financing had been the most important substance to be monitor. Further, various legal measures have been taken internationally in order to combat terrorist financing. This research analyses the legal measures that have been taken internationally and at EU level to combat terrorist financing. Key words: Money Laundering, Terrorist Financing, International Legal measures, EU.

  5. 12 CFR 908.71 - Practice before the Finance Board.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Practice before the Finance Board. 908.71 Section 908.71 Banks and Banking FEDERAL HOUSING FINANCE BOARD FEDERAL HOUSING FINANCE BOARD ORGANIZATION... Finance Board § 908.71 Practice before the Finance Board. Practice before the Finance Board for...

  6. 12 CFR 985.4 - Finance Board oversight.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Finance Board oversight. 985.4 Section 985.4 Banks and Banking FEDERAL HOUSING FINANCE BOARD OFFICE OF FINANCE THE OFFICE OF FINANCE § 985.4 Finance Board oversight. (a) Oversight and enforcement actions. The Finance Board shall have the same...

  7. Commodities, energy and environmental finance

    CERN Document Server

    Ludkovski, Michael; Sircar, Ronnie

    2015-01-01

    This volume is a collection of chapters covering the latest developments in applications of financial mathematics and statistics to topics in energy, commodity financial markets and environmental economics. The research presented is based on the presentations and discussions that took place during the Fields Institute Focus Program on Commodities, Energy and Environmental Finance in August 2013. The authors include applied mathematicians, economists and industry practitioners, providing for a multi-disciplinary spectrum of perspectives on the subject. The volume consists of four sections: Electricity Markets; Real Options; Trading in Commodity Markets; and Oligopolistic Models for Energy Production. Taken together, the chapters give a comprehensive summary of the current state of the art in quantitative analysis of commodities and energy finance. The topics covered include structural models of electricity markets, financialization of commodities, valuation of commodity real options, game-theory analysis of ...

  8. Finances publiques, sorties de crise...

    OpenAIRE

    Mathieu, Catherine; Sterdyniak, Henri

    2011-01-01

    La crise financière de 2007-2009 a provoqué un fort gonflement des dettes et des déficits publics dans les pays développés. Les marchés financiers comme les institutions internationales réclament une politique de sortie de crise passant par une réduction rapide des déficits, une forte baisse du niveau des dettes, ceci grâce à une forte réduction des dépenses publiques (en particulier des dépenses sociales). L’article montre que la situation des finances publiques était globalement satisfaisan...

  9. Chapitre VI. Prudence du financement

    OpenAIRE

    Jambard, Pierre

    2015-01-01

    L’histoire financière de la société permet de comprendre bien des traits de son histoire. Comme toutes les entreprises du bâtiment et des travaux publics, la Société Auxiliaire s’est trouvée devant la nécessité de disposer d’importants capitaux circulants. Grâce à une gestion financière efficace, elle est, en général, parvenue à dégager de son activité les fonds nécessaires, bien que l’aisance de la trésorerie quotidienne n’ait été acquise qu’avec la reconversion. Les années 1927-1946 sont ce...

  10. Internationalisation and financing options of Ghanaian SMEs

    Directory of Open Access Journals (Sweden)

    Joshua Abor

    2004-12-01

    Full Text Available This article presents a study of internationalisation and the financing options of Ghanaian small and medium scale nontraditional exporters. The article also examines how the age and size of an organisation affect the choice of financing. The results show a positive association between debt financing and the age of an organisation. Over time, organisations become more acceptable investments to lenders, and consequently older organisations are more likely to obtain debt financing than their younger counterparts. With respect to size, the results again indicate that larger organisations are more likely to receive debt financing. The results also show a positive relationship between degree of internationalisation and debt financing. The results suggest that as organisations engage more in international activities, they employ more debt but use less of equity financing. This is explained by the fact that organisations involved in international business tend to be more diversified and, as such, are capable of accommodating more debt capital

  11. CoP nanosheet assembly grown on carbon cloth: A highly efficient electrocatalyst for hydrogen generation

    KAUST Repository

    Yang, Xiulin

    2015-07-01

    There exists a strong demand to replace expensive noble metal catalysts with cheap metal sulfides or phosphides for hydrogen evolution reaction (HER). Recently metal phosphides such as NixP, FeP and CoP have been considered as promising candidates to replace Pt cathodes. Here we report that the nanocrystalline CoP nanosheet assembly on carbon cloth can be formed by a two-step process: electrochemical deposition of Co species followed by gas phase phosphidation. The CoP catalyst in this report exhibits a Tafel slope of 30.1mV/dec in 0.5M H2SO4 and 42.6mV/dec in 1M KOH. The high HER performance of our CoP catalysts is attributed to the rugae-like morphology which results in a high double-layer capacitance and high density of active sites, estimated as 7.77×1017sites/cm2. © 2015 Elsevier Ltd.

  12. Defect Detection on Carbon Fibre Reinforced Plastics (cfrp) with Laser Generated Lamb Waves

    Science.gov (United States)

    Focke, O.; Huke, P.; Hildebrandt, A.

    2011-06-01

    Standard ultrasound methods using a phased-array or a single transducer are commonly used for non-destructive evaluation (NDE) during manufacturing of carbon fiber reinforced plastics (CFRP) parts and certificated testing schemes were developed for individual parts and geometries. However, most testing methods need direct contact, matching gels and remain therefore time consuming. Laser-Ultrasonics is advantageous due to the contactless measurement technology and high accessibility even on complex parts. Despite the non-destructive testing with body waves, we show that the NDE can be expanded using two-dimensional surface (Lamb) waves for detection of delaminations close to the surface or small deteriorations caused by e.g. impacts. Lamb waves have been excited with a single transducer and with a short-pulse Laser with additionally producing A0-and S0-Lamb waves. The waves were detected with a shearography setup that allows for measuring two-dimensionally the displacement of a surface. Short integration times of the camera were realized using a pulsed ruby laser for illumination. As a consequence to the anisotropy the propagation in different directions exhibits individual characteristics like amplitude, damping and velocity. This has motivated to build up models for the propagation of Lamb waves and to compare them with experimental results.

  13. Finance reform under local integration

    Directory of Open Access Journals (Sweden)

    S. S. Seryohin

    2016-06-01

    Full Text Available Abstract Revealed the essence of local finance manifested in economic relations, and their structure is a combination of local budgets, special purpose budget funds; budget funds of local governments; public funds of funds banks if their share capital formed at the expense of local governments; fund municipal enterprises, institutions and organizations. The analysis on fundamental scientific research on local budgets.Defined-purpose local governments.Systematized theoretical definition of municipal finances. Formed impact of reform of local finance to ensure the improvement of socio-economic status of the region to the European Union for more confident of Ukraine’s integration into Europe. Found that implementing fiscal policy in terms of spending, local authorities are guided by the priorities of socio-economic development of the region or administrative unit in line with national principles defined government policy document. Discovered topical issues of local budgets as the existence of significant differences in the regulatory and legislative framework - the excessive centralization of local budgets unstable sources of local revenues inadequacy of intergovernmental relations. It was found that to radically change the existing system of functioning of local budgets, as required considerable time gap and improving the theoretical and methodological and regulatory framework of the local budgets.

  14. Vertically oriented MoS2 nanoflakes coated on 3D carbon nanotubes for next generation Li-ion batteries

    Science.gov (United States)

    Patel, Mumukshu D.; Cha, Eunho; Choudhary, Nitin; Kang, Chiwon; Lee, Wonki; Hwang, Jun Yeon; Choi, Wonbong

    2016-12-01

    The advent of advanced electrode materials has led to performance enhancement of traditional lithium ion batteries (LIBs). We present novel binder-free MoS2 coated three-dimensional carbon nanotubes (3D CNTs) as an anode in LIBs. Scanning transmission electron microscopy analysis shows that vertically oriented MoS2 nanoflakes are strongly bonded to CNTs, which provide a high surface area and active electrochemical sites, and enhanced ion conductivity at the interface. The electrochemical performance shows a very high areal capacity of ~1.65 mAh cm-2 with an areal density of ~0.35 mg cm-2 at 0.5 C rate and coulombic efficiency of ~99% up to 50 cycles. The unique architecture of 3D CNTs-MoS2 is indicative to be a promising anode for next generation Li-ion batteries with high capacity and long cycle life.

  15. Enhancement of Kα emission through efficient hot electron generation in carbon nanotubes on intense laser pulse irradiation

    Science.gov (United States)

    Chakravarty, U.; Arora, V.; Naik, P. A.; Chakera, J. A.; Srivastava, H.; Srivastava, A.; Varma, G. D.; Kumbhare, S. R.; Gupta, P. D.

    2012-09-01

    Near complete absorption of the energy of intense ultra-short laser pulses (45 fs, intensity ˜1.6 × 1016 to 2.5 × 1017 W/cm2) is observed in carbon nanotubes deposited on a planar molybdenum substrate. The hollow structure of the nanotube plasma facilitates resonant electric field enhancement during its ionization phase. This resonantly enhanced localized field at a density much larger than the critical density nc leads to efficient hot electron generation, which results in enhanced Kα emission of Mo at 17.5 keV. It is observed that for nanotubes, depending on the degree of hollowness, there is an optimum laser intensity for maximum x-ray enhancement compared to a planar uncoated target.

  16. In situ generation of biodegradable poly(ρ-dioxanone) micro-particles by polymerization in supercritical carbon dioxide

    Institute of Scientific and Technical Information of China (English)

    Tian Qiang Wang; Xiu Li Zhao; Jian Yuan Hao

    2011-01-01

    Ring-opening suspension polymerization of p-dioxanone (PDO) in supercritical carbon dioxide (scCO2) was investigated in the presence of poly(caprolactone)-perfluropolyether-poly(caprolactone) (PCL-PFPE-PCL). The molecular weight, yield and particle morphology of poly(p-dioxanone) (PPDO) were studied. The stabilizer was effective to stabilize the ring-opening polymerization (ROP) of PDO in SCCO2, leading to the formation of resorbable microparticles in a "one pot" procedure. The mean size of PPDO microparticles obtained from suspension polymerizations was sensitive to the rate of agitation and the stabilizer concentration. The method to generate PPDO microparticles has overcome its unprocessable drawback with common organic solvents and provided new product form for biomedical applications.

  17. Feynman perturbation expansion for the price of coupon bond options and swaptions in quantum finance. II. Empirical.

    Science.gov (United States)

    Baaquie, Belal E; Liang, Cui

    2007-01-01

    The quantum finance pricing formulas for coupon bond options and swaptions derived by Baaquie [Phys. Rev. E 75, 016703 (2006)] are reviewed. We empirically study the swaption market and propose an efficient computational procedure for analyzing the data. Empirical results of the swaption price, volatility, and swaption correlation are compared with the predictions of quantum finance. The quantum finance model generates the market swaption price to over 90% accuracy.

  18. Intermediate-temperature solid oxide fuel cell employing reformed effective biogas: Power generation and inhibition of carbon deposition

    Science.gov (United States)

    Miyake, Michihiro; Iwami, Makoto; Goto, Kenta; Iwamoto, Kazuhito; Morimoto, Koki; Shiraishi, Makoto; Takatori, Kenji; Takeuchi, Mizue; Nishimoto, Shunsuke; Kameshima, Yoshikazu

    2017-02-01

    A power generation system consisting of an intermediate-temperature solid oxide fuel cell (IT-SOFC) and an external reformer for biogas is developed, and its performance is investigated for advanced use of effective biogas. The IT-SOFC is fueled with syngas produced via biogas reforming, and is successfully operated at 600 and 700 °C using Ni0.8Cu0.2 alloy/gadolinia-doped ceria electrolyte (Ni0.8Cu0.2/GDC) cermet anodes and a LaAlO3 supported-Ni (Ni/LaAlO3) catalyst. The Ni/LaAlO3 catalyst stably exhibits high reforming performance for effective biogas at 800 °C for 27 h, and carbon deposition on the catalyst is prevented. The electrochemical performance of the Ni0.8Cu0.2/GDC cermet anode using syngas fuel possessing a H2:CO ratio of approximately 3:1 is comparable to the performance achieved with H2 fuel; the anode remains stable after 24 h of operation at 700 °C without interruption and is unaffected by carbon deposition.

  19. CO2 Fixation, Lipid Production, and Power Generation by a Novel Air-Lift-Type Microbial Carbon Capture Cell System.

    Science.gov (United States)

    Hu, Xia; Liu, Baojun; Zhou, Jiti; Jin, Ruofei; Qiao, Sen; Liu, Guangfei

    2015-09-01

    An air-lift-type microbial carbon capture cell (ALMCC) was constructed for the first time by using an air-lift-type photobioreactor as the cathode chamber. The performance of ALMCC in fixing high concentration of CO2, producing energy (power and biodiesel), and removing COD together with nutrients was investigated and compared with the traditional microbial carbon capture cell (MCC) and air-lift-type photobioreactor (ALP). The ALMCC system produced a maximum power density of 972.5 mW·m(-3) and removed 86.69% of COD, 70.52% of ammonium nitrogen, and 69.24% of phosphorus, which indicate that ALMCC performed better than MCC in terms of power generation and wastewater treatment efficiency. Besides, ALMCC demonstrated 9.98- and 1.88-fold increases over ALP and MCC in the CO2 fixation rate, respectively. Similarly, the ALMCC significantly presented a higher lipid productivity compared to those control reactors. More importantly, the preliminary analysis of energy balance suggested that the net energy of the ALMCC system was significantly superior to other systems and could theoretically produce enough energy to cover its consumption. In this work, the established ALMCC system simultaneously achieved the high level of CO2 fixation, energy recycle, and municipal wastewater treatment effectively and efficiently.

  20. Assessing "dangerous climate change": required reduction of carbon emissions to protect young people, future generations and nature.

    Directory of Open Access Journals (Sweden)

    James Hansen

    Full Text Available We assess climate impacts of global warming using ongoing observations and paleoclimate data. We use Earth's measured energy imbalance, paleoclimate data, and simple representations of the global carbon cycle and temperature to define emission reductions needed to stabilize climate and avoid potentially disastrous impacts on today's young people, future generations, and nature. A cumulative industrial-era limit of ∼500 GtC fossil fuel emissions and 100 GtC storage in the biosphere and soil would keep climate close to the Holocene range to which humanity and other species are adapted. Cumulative emissions of ∼1000 GtC, sometimes associated with 2°C global warming, would spur "slow" feedbacks and eventual warming of 3-4°C with disastrous consequences. Rapid emissions reduction is required to restore Earth's energy balance and avoid ocean heat uptake that would practically guarantee irreversible effects. Continuation of high fossil fuel emissions, given current knowledge of the consequences, would be an act of extraordinary witting intergenerational injustice. Responsible policymaking requires a rising price on carbon emissions that would preclude emissions from most remaining coal and unconventional fossil fuels and phase down emissions from conventional fossil fuels.

  1. Methylcitrate cycle activation during adaptation of Fusarium solani and Fusarium verticillioides to propionyl-CoA-generating carbon sources.

    Science.gov (United States)

    Domin, Nicole; Wilson, Duncan; Brock, Matthias

    2009-12-01

    Propionyl-CoA is an inhibitor of both primary and secondary metabolism in Aspergillus species and a functional methylcitrate cycle is essential for the efficient removal of this potentially toxic metabolite. Although the genomes of most sequenced fungal species appear to contain genes coding for enzymes of the methylcitrate cycle, experimental confirmation of pathway activity in filamentous fungi has only been provided for Aspergillus nidulans and Aspergillus fumigatus. In this study we demonstrate that pathogenic Fusarium species also possess a functional methylcitrate cycle. Fusarium solani appears highly adapted to saprophytic growth as it utilized propionate with high efficiency, whereas Fusarium verticillioides grew poorly on this carbon source. In order to elucidate the mechanisms of propionyl-CoA detoxification, we first identified the genes coding for methylcitrate synthase from both species. Despite sharing 96 % amino acid sequence identity, analysis of the two purified enzymes demonstrated that their biochemical properties differed in several respects. Both methylcitrate synthases exhibited low K(m) values for propionyl-CoA, but that of F. verticillioides displayed significantly higher citrate synthase activity and greater thermal stability. Activity determinations from cell-free extracts of F. solani revealed a strong methylcitrate synthase activity during growth on propionate and to a lesser extent on Casamino acids, whereas activity by F. verticillioides was highest on Casamino acids. Further phenotypic analysis confirmed that these biochemical differences were reflected in the different growth behaviour of the two species on propionyl-CoA-generating carbon sources.

  2. Assessing 'Dangerous Climate Change': Required Reduction of Carbon Emissions to Protect Young People, Future Generations and Nature

    Science.gov (United States)

    Hansen, James; Kharecha, Pushker; Sato, Makiko; Masson-Demotte, Valerie; Ackerman, Frank; Beerling, David J.; Hearty, Paul J.; Hoegh-Guldberg, Ove; Hsu, Shi-Ling; Parmesan, Camille; hide

    2013-01-01

    We assess climate impacts of global warming using ongoing observations and paleoclimate data. We use Earth's measured energy imbalance, paleoclimate data, and simple representations of the global carbon cycle and temperature to define emission reductions needed to stabilize climate and avoid potentially disastrous impacts on today's young people, future generations, and nature. A cumulative industrial-era limit of approx.500 GtC fossil fuel emissions and 100 GtC storage in the biosphere and soil would keep climate close to the Holocene range to which humanity and other species are adapted. Cumulative emissions of approx.1000 GtC, sometimes associated with 2 C global warming, would spur "slow" feedbacks and eventual warming of 3-4 C with disastrous consequences. Rapid emissions reduction is required to restore Earth's energy balance and avoid ocean heat uptake that would practically guarantee irreversible effects. Continuation of high fossil fuel emissions, given current knowledge of the consequences, would be an act of extraordinary witting intergenerational injustice. Responsible policymaking requires a rising price on carbon emissions that would preclude emissions from most remaining coal and unconventional fossil fuels and phase down emissions from conventional fossil fuels.

  3. Institutional Governance Framework for Determining Carbon-related Accounting Practices: An Exploratory Study of Electricity Generating Companies in Malaysia

    Science.gov (United States)

    Alrazi, B.; Mat Husin, N.

    2016-03-01

    Electricity industry is the major contributor of the global carbon emissions which has been scientifically identified as the main cause of climate change. With the various initiatives being implemented at the international, national, and industry levels, companies in the electricity industry are currently facing immense pressure from various stakeholders to demonstrate their policies, initiatives, targets, and performance on climate change. Against this background, accounting system is argued to be able to be play important roles in combating climate change. Using institutional governance as the underlying framework, we have identified several governance mechanisms as the determining factors for companies to have a systematic accounting system related to carbon emissions. The factors include environmental management system certification, environmental organization, publication of stand-alone sustainability reports, the use of GRI guidelines, environmental strategic planning, governance quality, and participation in CDP surveys and emissions trading scheme. We explored this issue in the context of major electricity generating companies in Malaysia and found that except for certified environmental management system, the other governance mechanisms are still lacking. The findings suggest that companies in Malaysia, in particular, from the electricity industry are not well prepared in facing risks related to climate change.

  4. Windpower project ownership and financing: The cost impacts of alternative development structures

    Energy Technology Data Exchange (ETDEWEB)

    Wiser, R.H. [Lawrence Berkeley National Lab., CA (United States)

    1997-12-31

    This paper uses traditional financial cash-flow techniques to examine the impact of different ownership and financing structures on the cost of wind energy. While most large-scale wind projects are constructed, operated, and financed by non-utility generators (NUGs) via project financing, investor- and publicly-owned utilities have expressed interest in owning and financing their own facilities rather than purchasing wind energy from independent generators. A primary justification for utility ownership is that, because of financing and tax benefits, windpower may be cheaper when developed in this fashion. The results presented in this paper support that justification, though some of the estimated cost savings associated with utility ownership are found to be a result of shortcomings in utility analysis procedures and implicit risk shifting. This paper also discusses the comparative value of the federal production tax credit and renewable energy production incentive; estimates the financing premium paid by NUG wind owners compared to traditional gas-fired generation facilities; and explores the impact of electricity restructuring on financing.

  5. Carbon Monoxide-induced Stomatal Closure Involves Generation of Hydrogen Peroxide in Vicia faba Guard Cells

    Institute of Scientific and Technical Information of China (English)

    Xiao-Ping She; Xi-Gui Song

    2008-01-01

    Here the regulatory role of CO during stomatal movement In Vicla faba L. was surveyed. Results Indicated that, like hydrogen peroxide (H2O2), CO donor Hematin induced stomatal closure in dose- and time-dependent manners. These responses were also proven by the addition of gaseous CO aqueous solution with different concentrations, showing the first time that CO and H2O2 exhibit the similar regulation role in the atomatal movement. Moreover, our data showed that ascorbic acid (ASA, an important reducing substrate for H2O2 removal) and diphenylene iodonium (DPI, an inhibitor of the H2O2-generating enzyme NADPH oxidase) not only reversed stomatal closure by CO, but also suppressed the H2O2 fluorescence induced by CO, implying that CO induced-atomatal closure probably involves H2O2 signal. Additionally, the CO/NO scavenger hemoglobin (Hb) and CO specific synthetic inhibitor ZnPPIX, ASA and DPI reversed the darkness-induced stomatal closure and H2O2 fluorescence. These results show that, perhaps like H2O2, the levels of CO in guard cells of V. faba are higher In the dark than in light, HO-1 and NADPH oxidase are the enzyme systems responsible for generating endogenous CO and H2O2 in darkness respectively, and that CO is involved in darkness-induced H2O2 synthesis in V. faba guard cells.

  6. Financing renewable energy in developing countries. Drivers and barriers for private finance in sub-Saharan Africa

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2012-02-15

    The focus of this report is to identify and portray current barriers to the scaling up of private investment and finance for electricity generation from renewable energy sources in the sub-Saharan region. Best practice in tackling these barriers is identified, partly from a literature review but especially from the results of a survey conducted among 36 financial institutions that are UNEP Finance Initiative members and two non-member banks (all survey respondents have experience in the field of energy infrastructure finance). Promising avenues in the areas of local policy reform, incentive mechanisms and international de-risking instruments are highlighted. In particular, this report addresses the following questions: (a) Why are sub-Saharan Africa and developing countries elsewhere failing to expand electricity generation from renewable sources? What are the barriers to such expansion? What is keeping the risk-return profile of renewable energy investments in sub-Saharan Africa unattractive and projects commercially unviable?; (b) What have been the experiences of private sector lenders and investors in the area of renewable energy projects in developing countries? What barriers and drivers have they encountered, and how can these experiences be of use in sub-Saharan Africa?; (c) What can be learned from the modest but encouraging successes of a few sub-Saharan African countries? Can these results be replicated? What was done in these countries to improve the risk-return profile of renewable energy and unlock private finance?.

  7. 12 CFR 987.2 - Law governing rights and obligations of Banks, Finance Board, Office of Finance, United States...

    Science.gov (United States)

    2010-01-01

    ..., Finance Board, Office of Finance, United States and Federal Reserve Banks; rights of any Person against Banks, Finance Board, Office of Finance, United States and Federal Reserve Banks. 987.2 Section 987.2 Banks and Banking FEDERAL HOUSING FINANCE BOARD OFFICE OF FINANCE BOOK-ENTRY PROCEDURE FOR...

  8. Quantification of CO2 generation in sedimentary basins through carbonate/clays reactions with uncertain thermodynamic parameters

    Science.gov (United States)

    Ceriotti, G.; Porta, G. M.; Geloni, C.; Dalla Rosa, M.; Guadagnini, A.

    2017-09-01

    We develop a methodological framework and mathematical formulation which yields estimates of the uncertainty associated with the amounts of CO2 generated by Carbonate-Clays Reactions (CCR) in large-scale subsurface systems to assist characterization of the main features of this geochemical process. Our approach couples a one-dimensional compaction model, providing the dynamics of the evolution of porosity, temperature and pressure along the vertical direction, with a chemical model able to quantify the partial pressure of CO2 resulting from minerals and pore water interaction. The modeling framework we propose allows (i) estimating the depth at which the source of gases is located and (ii) quantifying the amount of CO2 generated, based on the mineralogy of the sediments involved in the basin formation process. A distinctive objective of the study is the quantification of the way the uncertainty affecting chemical equilibrium constants propagates to model outputs, i.e., the flux of CO2. These parameters are considered as key sources of uncertainty in our modeling approach because temperature and pressure distributions associated with deep burial depths typically fall outside the range of validity of commonly employed geochemical databases and typically used geochemical software. We also analyze the impact of the relative abundancy of primary phases in the sediments on the activation of CCR processes. As a test bed, we consider a computational study where pressure and temperature conditions are representative of those observed in real sedimentary formation. Our results are conducive to the probabilistic assessment of (i) the characteristic pressure and temperature at which CCR leads to generation of CO2 in sedimentary systems, (ii) the order of magnitude of the CO2 generation rate that can be associated with CCR processes.

  9. On the Path to SunShot: Emerging Opportunities and Challenges in Financing Solar

    Energy Technology Data Exchange (ETDEWEB)

    Feldman, David [National Renewable Energy Lab. (NREL), Golden, CO (United States); Bolinger, Mark [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

    2016-05-01

    This report analyzes solar financing strategies and their role in achieving the U.S. Department of Energy's SunShot goals. Financing is critical to solar deployment, because the costs of solar technologies are paid up front, while their benefits are realized over decades. Solar financing has been shaped by government solar incentives, particularly federal tax incentives, which have spawned complex tax-equity structures that monetize tax benefits for project sponsors who otherwise could not use them efficiently. Although these structures have helped expand solar deployment, they are relatively costly and inefficient. This has spurred solar stakeholders to develop lower-cost financing solutions such as securitization of solar project portfolios, solar-specific loan products, and methods for incorporating residential solar's value into home values. To move solar further toward an unsubsidized SunShot future, additional financial innovation must occur. Development of a larger, more mature U.S. solar industry will likely increase financial transparency and investor confidence, which in turn will enable simpler, lower-cost financing methods. Utility-scale solar might be financed more like conventional generation assets are today, non-residential solar might be financed more like a new roof, and residential solar might be financed more like an expensive appliance. Assuming a constant, SunShot-level installed photovoltaic (PV) system price, such financing innovations could reduce PV's levelized cost of electricity (LCOE) by an estimated 25%-50% compared with historical financing approaches. These results suggest that financing can adapt to changing conditions and might ease the transition away from a reliance on tax incentives while driving solar's LCOE toward the SunShot goals.

  10. Three Episodes of Hydrocarbon Generation and Accumulation of Marine Carbonate Strata in Eastern Sichuan Basin, China

    Institute of Scientific and Technical Information of China (English)

    QIN Jianzhong; MENG Qingqiang; FU Xiaodong

    2008-01-01

    It is concluded that there are three hydrocarbon generation and accumulation processes in northeastern Sichuan on the basis of the characteristics of solid bitumen, gas-light oils-heavy oils, homogenization temperature of fluid inclusions and diagenesis for beach- and reef-facies dolomite gasbearing reservoirs in the Puguang Gas Field, northeastern Sichuan Basin, southern China. The first hydrocarbon generation and accumulation episode occurred in the Indosinian movement (late Middle Triassic). The sapropelic source rocks of the O3w (Upper Ordovician Wufeng Formation)-Sll (Lower Silurian Longmaxi Formation) were buried at depths of 2500 m to 3000 m with the paleogeothermal temperature ranging from 70℃ to 95℃, which yielded heavy oil with lower maturity. At the same time, intercrystalline pores, framework pores and corrosion caused by organic acid were formed within the organic reef facies of P2ch (Upper Permian Changxing Formation). And the first stage of hydrocarbon reservoir occurred, the level of surface porosity of residual solid bitumen [solid bitumen/ (solid bitumen + residual porosity)} was higher than 60%. The second episode occurred during the Middle Yanshanian movement (late Middle Jurassic). During that period, the mixed organic source rocks were deposited in an intra-platform sag during the Permian and sapropelic source rocks of O3w-S1l experienced a peak stage of crude oil or light oil and gas generation because they were buried at depths of 3500 m to 6800 m with paleogeothermal temperatures of 96-168℃. At that time, the level of surface porosity of residual solid bitumen of the T1f shoal facies reservoirs was between 25% and 35%, and the homogenization temperatures of the first and second stages of fluid inclusions varied from 100℃ to 150℃. The third episode occurred during the Late Yanshanian (Late Cretaceous) to the Himalayan movement. The hydrocarbon reservoirs formed during the T1f and P2ch had the deepest burial of 7700 m to 8700 m and

  11. Electricity generation development of Eastern Europe. A carbon technology management case study for Poland

    Energy Technology Data Exchange (ETDEWEB)

    Chalvatzis, Konstantinos J. [School of Environmental Sciences and Norwich Business School, University of East Anglia, Norwich, NR4 7TJ (United Kingdom)

    2009-08-15

    Energy and electricity in particular, are of unquestionable value for the welfare of all modern societies. The electricity sectors of Eastern European countries have undergone several phases of development between the post-WWII days within the CEMA and USSR frameworks and today's EU and global energy and environmental regimes. The present paper examines the progress of the Polish electricity sector throughout the last decades, providing useful information regarding not only the technical generation and distribution infrastructure but also the policies that have been and are currently implemented. The results are discussed in the context of indicators such as the electricity intensity and per capita consumption, and show that although the Polish electricity sector has gone a long way, there still are several necessary technology management steps to be taken if Poland is to adequately address the challenges of international competition, electricity supply security and environmental sustainability. (author)

  12. Generating site-specifically modified proteins via a versatile and stable nucleophilic carbon ligation.

    Science.gov (United States)

    Kudirka, Romas; Barfield, Robyn M; McFarland, Jesse; Albers, Aaron E; de Hart, Gregory W; Drake, Penelope M; Holder, Patrick G; Banas, Stefanie; Jones, Lesley C; Garofalo, Albert W; Rabuka, David

    2015-02-19

    There is a need for facile chemistries that allow for chemo- and regioselectivity in bioconjugation reactions. To address this need, we are pioneering site-specific bioconjugation methods that use formylglycine as a bioorthogonal handle on a protein surface. Here we introduce aldehyde-specific bioconjugation chemistry, the trapped-Knoevenagel ligation. The speed and stability of the trapped-Knoevenagel ligation further advances the repertoire of aldehyde-based bioconjugations and expands the toolbox for site-specific protein modifications. The trapped-Knoevenagel ligation reaction can be run at near neutral pH in the absence of catalysts to produce conjugates that are stable under physiological conditions. Using this new ligation, we generated an antibody-drug conjugate that demonstrates excellent efficacy in vitro and in vivo.

  13. Role of oxidative stress in carbon nanotube-generated health effects

    DEFF Research Database (Denmark)

    Møller, Peter; Christophersen, Daniel Vest; Jensen, Ditte Marie

    2014-01-01

    changes in the lungs, and cardiovascular disease. As oxidative stress and inflammation responses are implicated in the development of these diseases, converging lines of evidence indicate that exposure to CNTs is associated with increased risk of cardiopulmonary diseases through generation of a pro...... of antioxidants, increased intracellular production of reactive oxygen species and pro-inflammatory signaling in cultured cells with primary function in the immune system as well as epithelial, endothelial and stromal cells. Pre-treatment with antioxidants has been shown to attenuate these effects, indicating...... a dependency of oxidative stress on cellular responses to CNT exposure. CNT-mediated oxidative stress in cell cultures has been associated with elevated levels of lipid peroxidation products and oxidatively damaged DNA. Investigations of oxidative stress endpoints in animal studies have utilized pulmonary...

  14. Photocatalytic synthesis of urea from in situ generated ammonia and carbon dioxide.

    Science.gov (United States)

    Srinivas, Basavaraju; Kumari, Valluri Durga; Sadanandam, Gullapelli; Hymavathi, Chilumula; Subrahmanyam, Machiraju; De, Bhudev Ranjan

    2012-01-01

    TiO(2) and Fe-titanate (different wt%) supported on zeolite were prepared by sol-gel and solid-state dispersion methods. The photocatalysts prepared were characterized by X-ray diffraction, scanning electron microscopy and ultraviolet (UV)-visible diffuse reflectance spectroscopy techniques. Photocatalytic reduction of nitrate in water and isopropanol/oxalic acid as hole scavengers are investigated in a batch reactor under UV illumination. The yield of urea increased notably when the catalysts were supported on zeolite. The Fe-titanate supported catalyst promotes the charge separation that contributes to an increase in selective formation of urea. The product formation is because of the high adsorption of in situ generated CO(2) and NH(3) over shape-selective property of the zeolite in the composite photocatalyst. The maximum yield of urea is found to be 18 ppm while 1% isopropanol containing solution over 10 wt% Fe-titanate/HZSM-5 photocatalyst was used.

  15. Geothermal Money Book [Geothermal Outreach and Project Financing

    Energy Technology Data Exchange (ETDEWEB)

    Elizabeth Battocletti

    2004-02-01

    Small business lending is big business and growing. Loans under $1 million totaled $460 billion in June 2001, up $23 billion from 2000. The number of loans under $100,000 continued to grow at a rapid rate, growing by 10.1%. The dollar value of loans under $100,000 increased 4.4%; those of $100,000-$250,000 by 4.1%; and those between $250,000 and $1 million by 6.4%. But getting a loan can be difficult if a business owner does not know how to find small business-friendly lenders, how to best approach them, and the specific criteria they use to evaluate a loan application. This is where the Geothermal Money Book comes in. Once a business and financing plan and financial proposal are written, the Geothermal Money Book takes the next step, helping small geothermal businesses locate and obtain financing. The Geothermal Money Book will: Explain the specific criteria potential financing sources use to evaluate a proposal for debt financing; Describe the Small Business Administration's (SBA) programs to promote lending to small businesses; List specific small-business friendly lenders for small geothermal businesses, including those which participate in SBA programs; Identify federal and state incentives which are relevant to direct use and small-scale (< 1 megawatt) power generation geothermal projects; and Provide an extensive state directory of financing sources and state financial incentives for the 19 states involved in the GeoPowering the West (GPW). GPW is a U.S. Department of Energy-sponsored activity to dramatically increase the use of geothermal energy in the western United States by promoting environmentally compatible heat and power, along with industrial growth and economic development. The Geothermal Money Book will not: Substitute for financial advice; Overcome the high exploration, development, and financing costs associated with smaller geothermal projects; Remedy the lack of financing for the exploration stage of a geothermal project; or Solve

  16. Nano-structural characteristics of carbon nanotube-polymer composite films for high-amplitude optoacoustic generation

    Science.gov (United States)

    Baac, Hyoung Won; Ok, Jong G.; Lee, Taehwa; Jay Guo, L.

    2015-08-01

    We demonstrate nano-structural characteristics of carbon nanotube (CNT)-polydimethylsiloxane (PDMS) composite films that can be used as highly efficient and robust ultrasound transmitters for diagnostic and therapeutic applications. An inherent architecture of the nano-composite provides unique thermal, optical, and mechanical properties that are accommodated not just for efficient energy conversion but also for extraordinary robustness against pulsed laser ablation. First, we explain a thermoacoustic transfer mechanism within the nano-composite. CNT morphologies are examined to determine a suitable arrangement for heat transfer to the surrounding PDMS. Next, we introduce an approach to enhance optical extinction of the composite films, which uses shadowed deposition of a thin Au layer through an as-grown CNT network. Finally, the transmitter robustness is quantified in terms of laser-induced damage threshold. This reveals that the CNT-PDMS films can withstand an order-of-magnitude higher optical fluence (and extinction) than a Cr film used as a reference. Such robustness is crucial to increase the maximum-available optical energy for optoacoustic excitation and pressure generation. All of these structure-originated characteristics manifest the CNT-PDMS composite films as excellent optoacoustic transmitters for high-amplitude and high-frequency ultrasound generation.

  17. Design of a carbon-nanotube yarn field emitter for micro-focus X-ray generation

    Science.gov (United States)

    Kim, Hyun Suk; Castro, Edward Joseph D.; Lee, Choong Hun

    2016-08-01

    The field-emission (F-E) characteristics of multi-walled carbon-nanotube (MWCNT) yarn and its contribution to X-ray generation have been investigated in the current work. A dry spinning method was used to fabricateMWCNT yarn from superMWCNTs that had been fabricated by using microwave plasma-enhanced chemical vapor deposition (MW-PECVD). The F-E behavior of the MWCNT yarn followed the Fowler-Nordheim model. Compared to a MWCNT, the MWCNT yarn displayed a significant F-E capability in both the diode and the triode X-ray generation structures. The low-voltage F-E of the MWCNT yarn can be attributed to the field-enhancing effect of the yarn due to its shape and to the contribution of the high-aspect-ratio nanotubes that protrude from the sides of the yarn. The effect of filters on the development of X-ray images has also been demonstrated. The amount of exposure of the samples to X-rays was also manipulated. Results of this study indicate that the MWCNT yarn may be a good candidate for use in low-voltage F-E applications for X-ray imaging.

  18. Nano-structural characteristics of carbon nanotube-polymer composite films for high-amplitude optoacoustic generation.

    Science.gov (United States)

    Baac, Hyoung Won; Ok, Jong G; Lee, Taehwa; Guo, L Jay

    2015-09-14

    We demonstrate nano-structural characteristics of carbon nanotube (CNT)-polydimethylsiloxane (PDMS) composite films that can be used as highly efficient and robust ultrasound transmitters for diagnostic and therapeutic applications. An inherent architecture of the nano-composite provides unique thermal, optical, and mechanical properties that are accommodated not just for efficient energy conversion but also for extraordinary robustness against pulsed laser ablation. First, we explain a thermoacoustic transfer mechanism within the nano-composite. CNT morphologies are examined to determine a suitable arrangement for heat transfer to the surrounding PDMS. Next, we introduce an approach to enhance optical extinction of the composite films, which uses shadowed deposition of a thin Au layer through an as-grown CNT network. Finally, the transmitter robustness is quantified in terms of laser-induced damage threshold. This reveals that the CNT-PDMS films can withstand an order-of-magnitude higher optical fluence (and extinction) than a Cr film used as a reference. Such robustness is crucial to increase the maximum-available optical energy for optoacoustic excitation and pressure generation. All of these structure-originated characteristics manifest the CNT-PDMS composite films as excellent optoacoustic transmitters for high-amplitude and high-frequency ultrasound generation.

  19. Carbon Dioxide Capture with Ionic Liquids and Deep Eutectic Solvents: A New Generation of Sorbents.

    Science.gov (United States)

    Sarmad, Shokat; Mikkola, Jyri-Pekka; Ji, Xiaoyan

    2017-01-20

    High cost and high energy penalty for CO2 uptake from flue gases are important obstacles in large-scale industrial applications, and developing efficient technology for CO2 capture from technical and economic points is crucial. Ionic liquids (ILs) show the potential for CO2 separation owing to their inherent advantages, and have been proposed as alternatives to overcome the drawbacks of conventional sorbents. Chemical modification of ILs to improve their performance in CO2 absorption has received more attention. Deep eutectic solvents (DESs) as a new generation of ILs are considered as more economical alternatives to cope with the deficiencies of high cost and high viscosity of conventional ILs. This Review discusses the potential of functionalized ILs and DESs as CO2 sorbents. Incorporation of CO2 -philic functional groups, such as amine, in cation and/or anion moiety of ILs can promot their absorption capacity. In general, the functionalization of the anion part of ILs is more effective than the cation part. DESs represent favorable solvent properties and are capable of capturing CO2 , but the research work is scarce and undeveloped compared to the studies conducted on ILs. It is possible to develop novel DESs with promising absorption capacity. However, more investigation needs to be carried out on the mechanism of CO2 sorption of DESs to clarify how these novel sorbents can be adjusted and fine-tuned to be best tailored as optimized media for CO2 capture.

  20. Electrochemical generation of volatile lead species using a cadmium cathode: Comparison with graphite, glassy carbon and platinum cathodes

    Energy Technology Data Exchange (ETDEWEB)

    Saenz, Maria; Fernandez, Lenys, E-mail: lfernandez@usb.ve; Dominguez, Jose; Alvarado, Jose

    2012-05-15

    Working electrodes made out of pyrolytic graphite, glassy carbon, platinum and cadmium were compared for the electrochemical generation of volatile lead species. The same electrolytic cell, using each of the different working electrodes was coupled to an atomic absorption spectrometer and the experimental conditions were optimized in each case, using a univariate approach, to produce the maximum possible amount of volatile lead species. The experiments were focused on the variation of cathode hydrogen overvoltage by the application of a constant current during analysis. Under optimum conditions the performance of the electrochemical hydride generator cell should depend on the cathode material selected due to the different hydrogen overpotential of each material. The lead absorbance signal was taken as a measure of the efficiency of volatile lead species production. Best results were obtained using the Cd cathode, due to its relatively highest hydrogen overpotential, a carrier gas (Ar) flow rate of 55 mL min{sup -1} an electrolytic current of 0.8 A and a catholyte (HCl) concentration 0.05 mol L{sup -1}. The analytical figures of merit of the method using the Cd electrode were evaluated and the susceptibility of the method to interferences was assessed by its application to the determination of trace amounts of lead in the presence of the most significant interferents. The calibration curve was linear between 0.5 and 15 {mu}g L{sup -1} Pb. Detection limits and characteristic mass values were 0.21 {mu}g L{sup -1} and 0.26 {mu}g L{sup -1} respectively. A bovine liver standard reference material and a spiked urine sample were analyzed to check accuracy. - Highlights: Black-Right-Pointing-Pointer Cadmium cathode for the electrochemical generation (ECHG) of lead volatile species. Black-Right-Pointing-Pointer Cadmium cathode for the ECHG of lead hydrides improve merit figures. Black-Right-Pointing-Pointer The ECHG of the volatile species depends on the hydrogen

  1. Origin of a Raman scattering peak generated in single-walled carbon nanotubes by X-ray irradiation and subsequent thermal annealing

    Energy Technology Data Exchange (ETDEWEB)

    Murakami, Toshiya; Matsuda, Mitsuaki; Itoh, Chihiro, E-mail: citoh@sys.wakayama-u.ac.jp [Department of Materials Science, Wakayama University, 930 Sakaedani, Wakayama 640-8510 (Japan); Kisoda, Kenji [Department of Physics, Wakayama University, 930 Sakaedani, Wakayama 640-8510 (Japan)

    2016-08-15

    We have found that a Raman scattering (RS) peak around 1870 cm{sup −1} was produced by the annealing of the X-ray irradiated film of single-walled carbon nanotubes (SWNTs) at 450 {sup o}C. The intensity of 1870-cm{sup −1} peak showed a maximum at the probe energy of 2.3 eV for the RS spectroscopy with various probe lasers. Both the peak position and the probe-energy dependence were almost identical to those of the one-dimensional carbon chains previously reported in multi-walled carbon nanotubes. Consequently, we concluded that the 1870-cm{sup −1} peak found in the present study is attributed to carbon chains. The formation of carbon chains by the annealing at temperature lower than 500 {sup o}C is firstly reported by the present study. The carbon chains would be formed by aggregation of the interstitial carbons, which are formed as a counterpart of carbon vacancies by X-ray irradiation diffused on SWNT walls. The result indicates that the combination of X-ray irradiation and subsequent thermal annealing is a feasible tool for generating new nanostructures in SWNT.

  2. Geothermal Small Business Workbook [Geothermal Outreach and Project Financing

    Energy Technology Data Exchange (ETDEWEB)

    Elizabeth Battocletti

    2003-05-01

    Small businesses are the cornerstone of the American economy. Over 22 million small businesses account for approximately 99% of employers, employ about half of the private sector workforce, and are responsible for about two-thirds of net new jobs. Many small businesses fared better than the Fortune 500 in 2001. Non-farm proprietors income rose 2.4% in 2001 while corporate profits declined 7.2%. Yet not all is rosy for small businesses, particularly new ones. One-third close within two years of opening. From 1989 to 1992, almost half closed within four years; only 39.5% were still open after six years. Why do some new businesses thrive and some fail? What helps a new business succeed? Industry knowledge, business and financial planning, and good management. Small geothermal businesses are no different. Low- and medium-temperature geothermal resources exist throughout the western United States, the majority not yet tapped. A recent survey of ten western states identified more than 9,000 thermal wells and springs, over 900 low- to moderate-temperature geothermal resource areas, and hundreds of direct-use sites. Many opportunities exist for geothermal entrepreneurs to develop many of these sites into thriving small businesses. The ''Geothermal Small Business Workbook'' (''Workbook'') was written to give geothermal entrepreneurs, small businesses, and developers the tools they need to understand geothermal applications--both direct use and small-scale power generation--and to write a business and financing plan. The Workbook will: Provide background, market, and regulatory data for direct use and small-scale (< 1 megawatt) power generation geothermal projects; Refer you to several sources of useful information including owners of existing geothermal businesses, trade associations, and other organizations; Break down the complicated and sometimes tedious process of writing a business plan into five easy steps; Lead you

  3. Overcoming barriers to wind project finance in Australia

    Energy Technology Data Exchange (ETDEWEB)

    Kann, Shayle [Centre for Sustainable Energy Systems, Australian National University, Canberra (Australia)

    2009-08-15

    The wind power industry in Australia is expected to grow rapidly over the next decade, primarily due to a forthcoming expanded national renewable energy target (RET) which will mandate that renewable sources provide approximately 20% of Australia's electricity production by 2020. However, development of new wind generation in Australia has stalled as a result of several barriers to project finance, the mechanism through which most wind farms have been developed historically. This paper provides an overview of wind power financing in Australia in light of recent political and financial trends. Drawing upon existing literature and a series of stakeholder interviews, it identifies three primary barriers to project finance: regulatory risk surrounding legislation of the RET, semi-privatization of electricity retailers in New South Wales, and limited capital availability resulting from the recent global credit crisis. The paper concludes that the confluence of these barriers limits the availability of long-term contracts that provide revenue certainty for pre-construction wind projects, while simultaneously making these contracts a necessity in order to obtain project finance. In an attempt to mitigate these effects, this paper identifies four alternative development strategies that can be pursued. (author)

  4. Evaluation Of The Risk Of Financing Projects Of Environmental Protection

    Directory of Open Access Journals (Sweden)

    Gabriela Cornelia PICIU

    2012-03-01

    Full Text Available The research project approaches multidimensionally the financing of environmental protection from the perspective of directing, correlating and consolidating the financial flows circumscribed to the regeneration of an economy affected by environmental deterioration due to the very activities defining the economic mechanisms and circuits. The purpose of the project is to identify, by scientific, methodological and empirical analysis of the concepts, principles and arguments imposed by the economic theory, the risks of financing the projects of environmental projects and to evaluate their effects because their neglecting, individual approach or erroneous dimensioning might have unfavourable and unforeseen consequences in terms of the efficiency of the environmental strategies and policies. The objective of the study is the reveal the interdependency and interaction between the flows and circuits financing the environmental projects, showing the necessity for punctual, distributive, correlative and multiplicative financing of the environmental protection. This must be done from an expanded and prospective spatial and temporal vision by a compositional approach of the risk for environmental investments within the complex network of the social, economic and financial risks generated by the global system of the human praxis focused on the binomial of the human-environment interdependence.

  5. The Cost of Bank Credit Financing

    Directory of Open Access Journals (Sweden)

    Mihaela Cosmina Petre (Niţă,

    2007-10-01

    Full Text Available Although the credit is a conventional financing method used by any company, this tool is by far a very significant issue. The range ofcredits, that a bank provides, and the current policy customize this tool in order to meet the typical financing needs of the enterprises that demands it.Considering the risks, the bank takes the charge of by placing credits, the “eligibility” terms of enterprises that can get such financing being verystrict. Restrictions concerning the accepted degree of liability, the accomplished level of performance or available warranties may represent real“barriers” for many companies. Of all “barriers”, the high cost of some financing tools is a good case in point. In order to have a clearer picture ofwhat this financing source is for an enterprise, I have carried out a cost analysis of these financing tools, the medium and long term credit cost andthe short term credit cost.

  6. (Micro)Financing to Give

    DEFF Research Database (Denmark)

    Bajde, Domen

    2013-01-01

    of transaction. We turn to recent efforts of hybridizing charity and venture finance, exemplified by microfinance platforms such as Kiva.org. We combine data from an existing study of Kiva and its online community, with additional participant observation and third-party accounts detailing the evolution......, less studied transaction context. The chapter shows that philanthropic gift relations can be reproduced through market-like elements and arrangements. Such production entails complex socio-material networks mobilizing a broad array of human and nonhuman actors....

  7. Three essays in mathematical finance

    Science.gov (United States)

    Wang, Ruming

    This dissertation uses mathematical techniques to solve three problems in mathematical finance. The first two problems are on model-independent pricing and hedging of financial derivatives. We use asymptotic expansions to express derivative prices and implied volatilities. Then just by using the first few terms in the expansions, we get simple and accurate formulas, which can also help us find connections between different products. The last problem is on optimal trading strategies in a limit order book. Under a very general setup, we solve explicitly for a dynamic decision problem involving choosing between limit order and market order.

  8. Estimation on gas generation and corrosion rates of carbon steel, stainless steel and zircaloy in alkaline solutions under low oxygen condition

    Energy Technology Data Exchange (ETDEWEB)

    Mihara, Morihiro; Honda, Akira [Japan Nuclear Cycle Development Inst., Tokai Works, Tokai, Ibaraki (Japan); Nishimura, Tsutomu; Wada, Ryutaro [Kobe Steel Ltd., Engineering Company, Energy and Nuclear System Center, Osaka (Japan)

    2002-06-01

    Hydrogen gas generated by corrosion of metals in TRU waste repository may degrade the function of the engineered barrier system for nuclide migration. Therefore, estimation of gas generation rates of metals under the repository condition is important. In this study, we obtained gas generation rates of carbon steel, stainless steel and zircaloy in alkaline solutions under low oxygen conditions and evaluated the corrosion rates based on these data in order to compare with the published data. The magnitude of corrosion rates of carbon steel, stainless steel and zircaloy were 10{sup -1} {mu}m/y, 10{sup -2} {mu}m/y and 10{sup -3} {mu}m/y, respectively. These values agreed with the published corrosion rates from gas generation rates by others. (author)

  9. Comparative Study of Forestry Ecological Construction Financing%林业生态建设融资方式研究

    Institute of Scientific and Technical Information of China (English)

    姚萍; 张晓辛

    2012-01-01

    通过对比3种可用于林业生态建设的融资模式,即银行专项资金贷款、Private Finance Initiative(PFI)融资、CDM林业碳汇融资各自优劣性,试图找出更完善、更适合林业生态工程建设的融资模式。对国家林业生态系统工程建设融资提供有意义的理论探索以及有价值的对策,为林业这种高持续性、发展性、规模性的产业开辟一条新的融资之路。%In the process of forestry ecological construction, financing problems always exist. This paper compares three financing modes which ean be used in the forestry ecological construction,i, e. Bank special loans,Private Finance Initiative (PFI) financing,CDM forestry carbon financing, and analyses their respective advantages and disadvantages,in order to find out the more perfect and more suitable financing mode for forestry ecological construction. Therefore,this study may open up ~ new financing way for this highly continuous, developing and large--scaled forestry industry, so s to provide a meaningful theoretical exploration and valuable countermeasures for national forest ecosystem construction financing.

  10. The Potential Impact of Banking Crises on Public Finances: An Assessment of Selected EU Countries Using SYMBOL

    OpenAIRE

    CAMPOLONGO Francesca; MARCHESI Massimo; DE LISA Riccardo

    2011-01-01

    This paper presents an application of the SYMBOL model, recently developed by the European Commission, in assessing the potential impact of banks’ crisis on public finance in four EU Member States. Results show that two Member States have a relatively high probability of being in the situation where government finances have to cover losses generated in the banking system

  11. Finance strategies of Finnish entrepreneurial fashion companies

    OpenAIRE

    Hasi, Linda

    2013-01-01

    The intention of this study is to describe and explain how internationally focused, Finnish entrepreneurial fashion companies are financed. Fashion industry has been recognized as a viable industry in Finland, but it seems that these businesses suffer from lack of financing. Thus, many of the firms fail to expand to international markets, which is crucial for their future survival. The objective of this study is to understand how these fashion companies are financed from start-up until today,...

  12. Access to bank finance for Scottish SMEs.

    OpenAIRE

    2008-01-01

    There is evidence that some SMEs may still face difficulties in accessing bank finance from lenders (CEEDR, 2007). This paper reports an in-depth study into demand and supply side issues relating to access to bank finance by Scottish SMEs and whether there is still market failure associated with good, bankable business cases from SMEs that do not receive finance. We argue that our study utilises innovative methodology and is relatively rare as a robust study in this area. We combine demand...

  13. Volume-of-interest cone-beam CT using a 2.35 MV beam generated with a carbon target.

    Science.gov (United States)

    Robar, James L; Parsons, David; Berman, Avery; Macdonald, Alex

    2012-07-01

    This is a proof-of-concept study addressing volume of interest (VOI) cone beam CT (CBCT) imaging using an x-ray beam produced by 2.35 MeV electrons incident on a carbon linear accelerator target. Methodology is presented relevant to VOI CBCT image acquisition and reconstruction. Sample image data are given to demonstrate and compare two approaches to minimizing artifacts arising from reconstruction with truncated projections. Dosimetric measurements quantify the potential dose reduction of VOI acquisition relative to full-field CBCT. The dependence of contrast-to-noise ratio (CNR) on VOI dimension is investigated. A paradigm is presented linking the treatment planning process with the imaging technique, allowing definition of an imaging VOI to be tailored to the geometry of the patient. Missing data in truncated projection images are completed using a priori information in the form of digitally reconstructed radiographs (DRRs) generated from the planning CT set. This method is compared to a simpler technique of extrapolating truncated projection data prior to reconstruction. The utility of these approaches is shown through imaging of a geometric phantom and the head-and-neck section of a lamb. The total scatter factor of the 2.35 MV∕carbon beam on field size is measured and compared to a standard therapeutic beam to estimate the comparative dose reduction inside the VOI. Thermoluminescent dosimeters and Gafchromic film measurements are used to compare the imaging dose distributions for the 2.35 MV∕carbon beam between VOI and full-field techniques. The dependence of CNR on VOI dimension is measured for VOIs ranging from 4 to 15 cm diameter. Without compensating for missing data outside of truncated projections prior to reconstruction, pronounced boundary artifacts are present, in three dimensions, within 2-3 cm of the edges of the VOI. These artifacts, as well as cupping inside the VOI, can be reduced substantially using either the DRR filling or extrapolation

  14. FINANCING MECHANISMS OF AGRICULTURE IN ROMANIA

    Directory of Open Access Journals (Sweden)

    BUMBESCU SORINA SIMONA

    2015-03-01

    Full Text Available The objective of this article is to highlight the importance of the agriculture financing ways, existing an interdependence relationship between the stage of agriculture development and its funding mechanisms. This article presents in a complex way, the general theoretical framework of the agriculture financing, and the practical methods of agriculture finance from bank loans to European programs and projects, the impact of EU funds on agriculture. The research leads to two important categories of tangible results; on one hand it highlights the most important and used ways to finance the Romanian agriculture, and on the other hand, there is analised the impact of EU funds on rural development, their absorption.

  15. Mortgage Finance and Security of Collateral

    DEFF Research Database (Denmark)

    Haldrup, Karin

    2011-01-01

    Developing economies face a gigantic lack of financing for urbanization due to the absence of formal and transparent property markets. The paper discuss the interference between mortgage finance and collateral security by using the Danish mortgage financing model as an example, because of its 200...... years long history, and because the system is recommended as an option in emerging markets and as a possible model for remedying failures in mature housing finance markets. It is suggested that development policies in land administration need to be revised in order to support a widening of credit...

  16. Redistributive effects in public health care financing.

    Science.gov (United States)

    Honekamp, Ivonne; Possenriede, Daniel

    2008-11-01

    This article focuses on the redistributive effects of different measures to finance public health insurance. We analyse the implications of different financing options for public health insurance on the redistribution of income from good to bad health risks and from high-income to low-income individuals. The financing options considered are either income-related (namely income taxes, payroll taxes, and indirect taxes), health-related (co-insurance, deductibles, and no-claim), or neither (flat fee). We show that governments who treat access to health care as a basic right for everyone should consider redistributive effects when reforming health care financing.

  17. Why Finance Should Care about Ecology.

    Science.gov (United States)

    Scholtens, Bert

    2017-07-01

    Finance ignores ecosystems, which has resulted in a growing list of environmental and social problems. In this article, the importance of ecology for finance is assessed. We suggest The piece also suggests that the financial intermediation perspective can align finance and ecology for the benefit of society. This requires that financial institutions account for information about the impact of finance on the environment and vice versa, and that they are held accountable by their supervisors in this domain. Copyright © 2017 Elsevier Ltd. All rights reserved.

  18. Financing with Receivables: Factoring, Securitization and Collateral

    Directory of Open Access Journals (Sweden)

    Ioana Benea

    2013-11-01

    Full Text Available Short term financing is vital for the financial survival of any company, because very often they are facing deficits of cash during their activity. Therefore a company has to identify the optimal solutions in order to cover those (temporary deficits. A good solution to this problem is the financing with receivables using factoring, securitization and collateral. In this paper we try to analyze how this types of financing works and which are their advantages and costs. Also, we developed a reasoning pattern in order to evaluate the best receivables financing alternative for the Romanian companies.

  19. Study on the Path of Finance Supporting Low-carbon Agriculture and Its Development in China%我国低碳农业发展及财政税收支持路径探析

    Institute of Scientific and Technical Information of China (English)

    张雪凤

    2013-01-01

    低碳农业是资源节约和环境友好型农业.发展低碳农业不仅是保护地球生态环境和人类食品安全的要求,也是我国农业可持续发展的必由之路.基于高碳农业资源利用率低和环境污染严重的现实背景,结合我国国情分析了发展低碳农业面临的主要障碍,并在我国现行财税支农政策的基础上,提出更具针对性的财税扶持低碳农业发展路径,即加大财政投入,以提高资金使用效益为着力点优化支出结构,发挥财政补贴和税收对人才、资金、技术等生产要素的引导作用,促进低碳农业规模化、产业化经营.%Low-carbon agriculture is resource-conserving and environment-friendly agriculture.It is not only the request to protect ecotope and human food saftey,but also the only way for agricultural sustainable development to develop low-carbon agriculture in China.Based on the low resource utilization and serious pollution of the high-carbon agriculture,this paper analyzed the main barriers for the development of low-carbon agriculture,and put forward some ways of fiscal support for low-carbon agriculture,such as increasing financial input,optimizing expenditure structure to improve fund use efficiency,playing the guiding role of fiscal subsidies and tax in talent,capital,technology and other production elements,promoting scale management of low-carbon agriculture.

  20. A step towards on-chip biochemical energy cascade of microorganisms: carbon dioxide generation induced by ethanol fermentation in 3D printed modular lab-on-a-chip

    Science.gov (United States)

    Podwin, A.; Kubicki, W.; Adamski, K.; Walczak, R.; Dziuban, J. A.

    2016-11-01

    The concept of biochemical energy cascade of microorganisms towards oxygen generation in 3D printed lab-on-a-chip has been presented. In this work, carbon dioxide - a product of ethanol fermentation of yeasts has been utilized to enable light-initialized photosynthesis of euglenas and as a result of their metabolic transitions produce pure oxygen.

  1. Generation and Use of Thermal Energy in the Industrial Sector and Opportunities to Reduce its Carbon Emissions

    Energy Technology Data Exchange (ETDEWEB)

    Colin McMillan; Richard Boardman; Michael McKellar; Piyush Sabharwall; Mark Ruth

    2016-09-01

    Changes are occurring throughout the U.S. economy, especially in regard to how energy is generated and used in the electricity, buildings, industrial, and transportation sectors. These changes are being driven by environmental and energy security concerns and by economics. The electric-sector market share of natural gas and variable renewable generation, such as wind and solar photovoltaics (PV), continues to grow. The buildings sector is evolving to meet efficiency standards, the transportation sector is evolving to meet efficiency and renewable fuels standards, and the industrial sector is evolving to reduce emissions. Those changes are driving investment and utilization strategies for generation and other assets. Nuclear and renewable energy sources are important to consider in the energy sector’s evolution because both are considered to be clean and non-carbon-emitting energy sources. The Idaho National Laboratory (INL) and the National Renewable Energy Laboratory (NREL) are jointly investigating potential synergies between technologies exploiting nuclear and renewable energy sources. The two laboratories have held several joint workshops since 2011. Those workshops brought together experts in both areas to identify synergies and potential opportunities to work together. Workshop participants identified nuclear-renewable hybrid energy systems (N-R HESs) as one of the opportunities and recommended investigating whether N-R HESs could both generate dispatchable electricity without carbon emissions and provide clean energy to industrial processes. They also recommended analyzing the potential for N-R HESs to provide dispatchable capacity to a grid with high penetrations of non-dispatchable resources and to investigate whether real inertia provided by thermal power cycles within N-R HESs provides value to the grid. This report is one of a series of reports INL and NREL are producing to investigate the technical and economic aspects of N-R HESs. Previous reports

  2. Compendium on Financing of Higher Education: Final Report of the Financing the Students' Future Project

    Science.gov (United States)

    Payne, Bethan; Charonis, George-Konstantinos; Haaristo, Hanna-Stella; Maurer, Moritz; Kaiser, Florian; Siegrist, Rahel; McVitty, Debbie; Gruber, Angelika; Heerens, Nik; Xhomaqi, Brikena; Nötzl, Tina; Semjonov, Meeli; Primožic, Rok

    2013-01-01

    Higher education plays a vital role in society and the quality, accessibility, and form of higher education is highly dependent on financing. Financing of higher education is conceived to be of central importance for the future creation and dissemination of knowledge and research. Therefore, the financing of higher education is a topic that has…

  3. Electrochemical generation of volatile lead species using a cadmium cathode: Comparison with graphite, glassy carbon and platinum cathodes

    Science.gov (United States)

    Sáenz, María; Fernández, Lenys; Domínguez, José; Alvarado, José

    2012-05-01

    Working electrodes made out of pyrolytic graphite, glassy carbon, platinum and cadmium were compared for the electrochemical generation of volatile lead species. The same electrolytic cell, using each of the different working electrodes was coupled to an atomic absorption spectrometer and the experimental conditions were optimized in each case, using a univariate approach, to produce the maximum possible amount of volatile lead species. The experiments were focused on the variation of cathode hydrogen overvoltage by the application of a constant current during analysis. Under optimum conditions the performance of the electrochemical hydride generator cell should depend on the cathode material selected due to the different hydrogen overpotential of each material. The lead absorbance signal was taken as a measure of the efficiency of volatile lead species production. Best results were obtained using the Cd cathode, due to its relatively highest hydrogen overpotential, a carrier gas (Ar) flow rate of 55 mL min- 1 an electrolytic current of 0.8 A and a catholyte (HCl) concentration 0.05 mol L- 1. The analytical figures of merit of the method using the Cd electrode were evaluated and the susceptibility of the method to interferences was assessed by its application to the determination of trace amounts of lead in the presence of the most significant interferents. The calibration curve was linear between 0.5 and 15 μg L- 1 Pb. Detection limits and characteristic mass values were 0.21 μg L- 1 and 0.26 μg L- 1 respectively. A bovine liver standard reference material and a spiked urine sample were analyzed to check accuracy.

  4. Thermoelectric-pyroelectric hybrid energy generation from thermopower waves in core-shell structured carbon nanotube-PZT nanocomposites

    Science.gov (United States)

    Yeo, Taehan; Hwang, Hayoung; Shin, Dongjoon; Seo, Byungseok; Choi, Wonjoon

    2017-02-01

    There is an urgent need to develop a suitable energy source owing to the rapid development of various innovative devices using micro-nanotechnology. The thermopower wave (TW), which produces a high specific power during the combustion of solid fuel inside micro-nanostructure materials, is a unique energy source for unusual platforms that cannot use conventional energy sources. Here, we report on the significant enhancement of hybrid energy generation of pyroelectrics and thermoelectrics from TWs in carbon nanotube (CNT)-PZT (lead zirconate titanate, P(Z0.5-T0.5)) composites for the first time. Conventional TWs use only charge carrier transport driven by the temperature gradient along the core materials to produce voltage. In this study, a core-shell structure of CNTs-PZTs was prepared to utilize both the temperature gradient along the core material (thermoelectrics) and the dynamic change in the temperature of the shell structure (pyroelectrics) induced by TWs. The dual mechanism of energy generation in CNT-PZT composites amplified the average peak and duration of the voltage up to 403 mV and 612 ms, respectively, by a factor of 2 and 60 times those for the composites without a PZT layer. Furthermore, dynamic voltage measurements and structural analysis in repetitive TWs confirmed that CNT-PZT composites maintain the original performance in multiple TWs, which improves the reusability of materials. The advanced TWs obtained by the application of a PZT layer as a pyroelectric material contributes to the extension of the usable energy portion as well as the development of TW-based operating devices.

  5. EFFECT OF MICRO FINANCE ON POVERTY REDUCTION OF SMALL SCALE FARMERS OF PAKISTAN

    Directory of Open Access Journals (Sweden)

    Zaheer Ahmad SAEED

    2013-01-01

    Full Text Available This study revealed the impact of micro finance with regard to poverty alleviation, employment generation opportunities, upraise in the standards of living of the small farmers of Pakistan along with the access of such finances and their financial cost. Small farmers often rely on the loans and finance from the formal and informal sources of finance. There is low rate of sustainability in the micro finance sector. These schemes remain for a small time period. Another challenge is that there is a need of replicable and scalable model. There is also a requirement of formalization of informal credit source which count for higher. There is high need of reducing the ambiguities in obtaining the credit from these sources. With respect to agriculture, the proportion of finance should be increase with the proportion to its contribution to the economy. The data for this study has been collected through a selfstructured questionnaire and respondents are small farmers who are availing the micro finance facility for any source; informal, formal or semi – informal. The data collected form 150 respondent from Sahiwal and Multan Region. The data has been analyzed through regression and correlation method with the use of SPSS for checking the relationship and impact of micro finance on the living of poor and employment generation. This paper also concluded that the financial cost of such finances is having significant role on the success of such schemes. The research is a contribution to the financial sector to set their focus according to the quality and quantity of micro credit to the agriculture sector.

  6. Analysis of health promotion and prevention financing mechanisms in Thailand.

    Science.gov (United States)

    Watabe, Akihito; Wongwatanakul, Weranuch; Thamarangsi, Thaksaphon; Prakongsai, Phusit; Yuasa, Motoyuki

    2016-03-17

    In the transition to the post-2015 agenda, many countries are striving towards universal health coverage (UHC). Achieving this, governments need to shift from curative care to promotion and prevention services. This research analyses Thailand's financing system for health promotion and prevention, and assesses policy options for health financing reforms. The study employed a mixed-methods approach and integrates multiple sources of evidence, including scientific and grey literature, expenditure data, and semi-structured interviews with key stakeholders in Thailand. The analysis was underpinned by the use of a well-known health financing framework. In Thailand, three agencies plus local governments share major funding roles for health promotion and prevention services: the Ministry of Public Health (MOPH), the National Health Security Office, the Thai Health Promotion Foundation and Tambon Health Insurance Funds. The total expenditure on prevention and public health in 2010 was 10.8% of the total health expenditure, greater than many middle-income countries that average 7.0-9.2%. MOPH was the largest contributor at 32.9%, the Universal Coverage scheme was the second at 23.1%, followed by the local governments and ThaiHealth at 22.8 and 7.3%, respectively. Thailand's health financing system for promotion and prevention is strategic and innovative due to the three complementary mechanisms in operation. There are several methodological limitations to determine the adequate level of spending. The health financing reforms in Thailand could usefully inform policymakers on ways to increase spending on promotion and prevention. Further comparative policy research is needed to generate evidence to support efforts towards UHC.

  7. 12 CFR 995.9 - Reports to the Finance Board.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Reports to the Finance Board. 995.9 Section 995.9 Banks and Banking FEDERAL HOUSING FINANCE BOARD NON-BANK SYSTEM ENTITIES FINANCING CORPORATION OPERATIONS § 995.9 Reports to the Finance Board. The Financing Corporation shall file such reports as...

  8. Computational investigation of the flow field contribution to improve electricity generation in granular activated carbon-assisted microbial fuel cells

    Science.gov (United States)

    Zhao, Lei; Li, Jian; Battaglia, Francine; He, Zhen

    2016-11-01

    Microbial fuel cells (MFCs) offer an alternative approach to treat wastewater with less energy input and direct electricity generation. To optimize MFC anodic performance, adding granular activated carbon (GAC) has been proved to be an effective way, most likely due to the enlarged electrode surface for biomass attachment and improved mixing of the flow field. The impact of a flow field on the current enhancement within a porous anode medium (e.g., GAC) has not been well understood before, and thus is investigated in this study by using mathematical modeling of the multi-order Butler-Volmer equation with computational fluid dynamics (CFD) techniques. By comparing three different CFD cases (without GAC, with GAC as a nonreactive porous medium, and with GAC as a reactive porous medium), it is demonstrated that adding GAC contributes to a uniform flow field and a total current enhancement of 17%, a factor that cannot be neglected in MFC design. However, in an actual MFC operation, this percentage could be even higher because of the microbial competition and energy loss issues within a porous medium. The results of the present study are expected to help with formulating strategies to optimize MFC with a better flow pattern design.

  9. Energy data visualisation requires additional approaches to continue to be relevant in a world with greater low-carbon generation.

    Directory of Open Access Journals (Sweden)

    I.A. Grant Wilson

    2016-08-01

    Full Text Available The hypothesis described in this article proposes that energy visualisation diagrams commonly used need additional changes to continue to be relevant in a world with greater low-carbon generation. The diagrams that display national energy data are influenced by the properties of the type of energy being displayed, which in most cases has historically meant fossil fuels, nuclear fuels or hydro. As many energy systems throughout the world increase their use of electricity from wind or solar based renewables, a more granular display of energy data in the time domain is required. This article also introduces the shared axes energy diagram that provides a simple and powerful way in which to compare the scale and seasonality of the demands and supplies of an energy system. This aims to complement rather than replace existing diagrams, and has an additional benefit of promoting a whole systems approach to energy systems, as differing energy vectors such as natural gas, transport fuels, and electricity can all be displayed together. This in particular, is useful to both policy makers and to industry, to build a visual foundation for a whole systems narrative, which provides a basis for discussion of the synergies and opportunities across and between different energy vectors and demands. The diagram’s ability to wrap a sense of scale around a whole energy system in a simple way is thought to explain its growing popularity.

  10. Biosensors and Biofuel Cells based on Vertically Aligned Carbon Nanotubes for Integrated Energy Sensing, Generation, and Storage (SGS) Systems

    Science.gov (United States)

    Pandey, Archana; Prasad, Abhishek; Khin Yap, Yoke

    2010-03-01

    Diabetes is a growing health issue in the nation. Thus in-situ glucose sensors that can monitor the glucose level in our body are in high demand. Furthermore, it will be exciting if the excessive blood sugar can be converted into usable energy, and be stored in miniature batteries for applications. This will be the basis for an integrated energy sensing, generation, and storage (SGS) system in the future. Here we report the use of functionalized carbon nanotubes arrays as the glucose sensors as well as fuel cells that can convert glucose into energy. In principle, these devices can be integrated to detect excessive blood glucose and then convert the glucose into energy. They are also inline with our efforts on miniature 3D microbatteries using CNTs [1]. All these devices will be the basis for future SGS systems. Details of these results will be discussed in the meeting. [1] Wang et al., in 206^th Meeting of the Electrochemical Society, October 3-8, Honolulu, Hawaii (2004), Symposium Q1, abstract 1492. Y. K. Yap acknowledges supports from DARPA (DAAD17-03-C-0115), USDA (2007-35603-17740), and the Multi-Scale Technologies Institute (MuSTI) at MTU.

  11. Enhanced field emission from cerium hexaboride coated multiwalled carbon nanotube composite films: A potential material for next generation electron sources

    Energy Technology Data Exchange (ETDEWEB)

    Patra, Rajkumar; Ghosh, S., E-mail: santanu1@physics.iitd.ac.in [Nanostech Laboratory, Department of Physics, Indian Institute of Technology Delhi, New Delhi-16 (India); Sheremet, E.; Rodriguez, R. D.; Lehmann, D.; Gordan, O. D.; Zahn, D. R. T. [Semiconductor Physics, Technische Universität Chemnitz, 09126 Chemnitz (Germany); Jha, M.; Ganguli, A. K. [Department of Chemistry, Indian Institute of Technology Delhi, New Delhi-16 (India); Schmidt, H. [Material Systems for Nanoelectronics, Technische Universität Chemnitz, 09126 Chemnitz (Germany); Schulze, S. [Solid Surfaces Analysis, Technische Universität Chemnitz, 09126 Chemnitz (Germany); Schmidt, O. G. [Material Systems for Nanoelectronics, Technische Universität Chemnitz, 09126 Chemnitz (Germany); Institute for Integrative Nanosciences, IFW Dresden, Helmholtzstrasse 20, 01069 Dresden (Germany)

    2014-03-07

    Intensified field emission (FE) current from temporally stable cerium hexaboride (CeB{sub 6}) coated carbon nanotubes (CNTs) on Si substrate is reported aiming to propose the new composite material as a potential candidate for future generation electron sources. The film was synthesized by a combination of chemical and physical deposition processes. A remarkable increase in maximum current density, field enhancement factor, and a reduction in turn-on field and threshold field with comparable temporal current stability are observed in CeB{sub 6}-coated CNT film when compared to pristine CeB{sub 6} film. The elemental composition and surface morphology of the films, as examined by scanning electron microscopy, transmission electron microscopy, and energy dispersive X-ray measurements, show decoration of CeB{sub 6} nanoparticles on top and walls of CNTs. Chemical functionalization of CNTs by the incorporation of CeB{sub 6} nanoparticles is evident by a remarkable increase in intensity of the 2D band in Raman spectrum of coated films as compared to pristine CeB{sub 6} films. The enhanced FE properties of the CeB{sub 6} coated CNT films are correlated to the microstructure of the films.

  12. Enhanced field emission from cerium hexaboride coated multiwalled carbon nanotube composite films: A potential material for next generation electron sources

    Science.gov (United States)

    Patra, Rajkumar; Ghosh, S.; Sheremet, E.; Jha, M.; Rodriguez, R. D.; Lehmann, D.; Ganguli, A. K.; Gordan, O. D.; Schmidt, H.; Schulze, S.; Zahn, D. R. T.; Schmidt, O. G.

    2014-03-01

    Intensified field emission (FE) current from temporally stable cerium hexaboride (CeB6) coated carbon nanotubes (CNTs) on Si substrate is reported aiming to propose the new composite material as a potential candidate for future generation electron sources. The film was synthesized by a combination of chemical and physical deposition processes. A remarkable increase in maximum current density, field enhancement factor, and a reduction in turn-on field and threshold field with comparable temporal current stability are observed in CeB6-coated CNT film when compared to pristine CeB6 film. The elemental composition and surface morphology of the films, as examined by scanning electron microscopy, transmission electron microscopy, and energy dispersive X-ray measurements, show decoration of CeB6 nanoparticles on top and walls of CNTs. Chemical functionalization of CNTs by the incorporation of CeB6 nanoparticles is evident by a remarkable increase in intensity of the 2D band in Raman spectrum of coated films as compared to pristine CeB6 films. The enhanced FE properties of the CeB6 coated CNT films are correlated to the microstructure of the films.

  13. Generating selective saccharide binding affinity of phenyl boronic acids by using single-walled carbon nanotube corona phases.

    Science.gov (United States)

    Mu, Bin; Ahn, Jiyoung; McNicholas, Thomas P; Strano, Michael S

    2015-03-16

    Saccharides recognition is challenging due to their low affinity for substrates, yet this recognition is critical for human immunity and glycobiology. Herein, we demonstrate that a polymer or surfactant corona phase surrounding a single-walled carbon nanotube can substantially modify the selectivity of pre-adsorbed phenyl-boronic acids (PBA) for mono-, di-, and poly-saccharides. A library of 17 PBAs including carboxy, nitro, and amino PBA with ortho-, meta-, or para- substitutions are used to generate 144 distinct corona phases. Six in particular demonstrate significantly increased selectivity to specific saccharides including ribose (0.42 mol per total mol), arabinose (0.36), and glucose (0.25), but unusually diminished binding to fructose (0.02). Recognition proceeds by saccharide adsorption into the corona, followed by PBA reaction in a consecutive second order reaction. The results extend to larger saccharides, such as glycosaminoglycans, suggesting promise for protein glycosylation. © 2015 WILEY-VCH Verlag GmbH & Co. KGaA, Weinheim.

  14. Modernization perspectives of the Sao Paulo State sugarcane sector through the clean development mechanism and potential carbon credits generation

    Energy Technology Data Exchange (ETDEWEB)

    Coelho, Suani Teixeira; Lora, Beatriz Acquaro [Brazilian Reference Center on Biomass (CENBIO/USP), SP (Brazil)], Emails: suani@iee.usp.br, blora@iee.usp.br

    2009-07-01

    The world-wide necessity of greenhouse gases mitigation and the intergovernmental mobilization to reach the objectives established by the United Nations Framework on Climate Change (UNFCCC) has opened space for the renewable energy increase in the world's energy matrix. In Brazil, the solid sugarcane industry currently develops business in the scope of the clean development mechanism (CDM) under the Kyoto's Protocol, by means of 18 biomass-based projects, with renewable energy generation through bagasse cogeneration at 20 Sao Paulo State's sugarcane production units. The projects activity's consists of increasing the efficiency in the bagasse cogeneration facilities, qualifying the units to sell surplus electricity to the national grid, avoiding the dispatch of the same amount of energy produced by fossil-fuelled thermal plants to that grid. The reduced emissions are measured in carbon equivalent and can be converted into negotiable credits. The objective of this study was to build a 'state of art' scenario, calculating the potential emissions reduction through CDM projects for the sugarcane sector of Sao Paulo State, in which we consider the adherence of all the production units of the State to the CDM projects. The technological parameters used to elaborate the scenario were provided by the Sao Paulo State Government Bioenergy Special Commission and the baseline factor used of 0,268 tCO{sub 2}e/MWh was the adopted by the CDM projects in operation in the State. The sugarcane database for the calculations was the production ranking provided by UNICA for the 2006/2007 season. In the most conservative scenario (40 bar bagasse) 131 units could generate 607 MWm of surplus power avoiding the emission of 1.404.593 tCO{sub 2}e/year. For the 92 bar (bagasse and straw) scenario, the units could generate 3.055 MWm of surplus power avoiding 12.199.443 tCO{sub 2}e/year. (author)

  15. Phase space generation for proton and carbon ion beams for external users’ applications at the Heidelberg Ion Therapy Center

    Directory of Open Access Journals (Sweden)

    Thomas eTessonnier

    2016-01-01

    Full Text Available In the field of radiation therapy, accurate and robust dose calculation is required. For this purpose, precise modeling of the irradiation system and reliable computational platforms are needed. At the Heidelberg Ion Therapy Center (HIT, the beamline has been already modeled in the FLUKA Monte Carlo code. However, this model was kept confidential for disclosure reasons and was not available for any external team. The main goal of this study was to create efficiently phase space (PS files for proton and carbon ion beams, for all energies and foci available at HIT. PS are representing the characteristics of each particle recorded (charge, mass, energy, coordinates, direction cosines, generation at a certain position along the beam path. In order to achieve this goal, keeping a reasonable data size but maintaining the requested accuracy for the calculation, we developed a new approach of beam PS generation with the Monte-Carlo code FLUKA. The generated PS were obtained using an infinitely narrow beam and recording the desired quantities after the last element of the beamline, with a discrimination of primaries or secondaries. In this way, a unique PS can be used for each energy to accommodate the different foci by combining the narrow-beam scenario with a random sampling of its theoretical Gaussian beam in vacuum. PS can also reproduce the different patterns from the delivery system, when properly combined with the beam scanning information. MC simulations using PS have been compared to simulations including the full beamline geometry and have been found in very good agreement for several cases (depth dose distributions, lateral dose profiles, with relative dose differences below 0.5%. This approach has also been compared with measured data of ion beams with different energies and foci, resulting in a very satisfactory agreement. Hence, the proposed approach was able to fulfill the different requirements and has demonstrated its capability for

  16. The Power Generation Capacity Investment Model Basing on the Newton KKT Interior-point Method under the Market Environment of Low Carbon

    Directory of Open Access Journals (Sweden)

    Zeng Ming

    2013-09-01

    Full Text Available Under the market environment of low carbon, whether renewable energy can obtain the power for sustainable development, promote the goal of the whole society and make money for investors depends on the rational optimization of power investment capacity and achieving power generation resources coordinated scheduling. This study constructs an expansion model of the generation capacity investment taking oligopoly, policy tools, carbon emissions trading right and green certificate system into account and uses the case analysis of the impact of ETS mechanism and the Tradable Green Certificate mechanism on power generation enterprises investment capacity with Newton KKT interior-point method. This study can also provide a strong decision basis for policy making.

  17. Shared services in accounting and finance

    NARCIS (Netherlands)

    Swagerman, Dirk; Steenis, van Jorn; Sieber, Pascal; Griese, Joachim

    1998-01-01

    The purpose of this paper is to present examples of the current state of the Shared Services Concept as applied to the finance function. The paper arises out of the ongoing research after current developments in the finance function enabled by information and communication technology, at the Univers

  18. Threshold Concepts in Finance: Conceptualizing the Curriculum

    Science.gov (United States)

    Hoadley, Susan; Tickle, Leonie; Wood, Leigh N.; Kyng, Tim

    2015-01-01

    Graduates with well-developed capabilities in finance are invaluable to our society and in increasing demand. Universities face the challenge of designing finance programmes to develop these capabilities and the essential knowledge that underpins them. Our research responds to this challenge by identifying threshold concepts that are central to…

  19. Moving toward a Coherent School Finance System

    Science.gov (United States)

    Rose, Heather

    2013-01-01

    California's current school finance system is a tangled web of funding programs, restrictions, inequities and confusion. Building a stronger finance system to benefit from resources is an important step in strengthening California's K-12 education system and better meeting the needs of its students. Gov. Brown has recently proposed the Local…

  20. Essays in corporate finance and financial intermediation

    NARCIS (Netherlands)

    Kempf, Elisabeth

    2016-01-01

    This thesis consists of three chapters in corporate finance and financial intermediation. The first two chapters explore sources of incentives and learning for finance professionals. Specifically, the first chapter studies how the option to go work for an investment bank affects the incentives of cr

  1. Moving toward a Coherent School Finance System

    Science.gov (United States)

    Rose, Heather

    2013-01-01

    California's current school finance system is a tangled web of funding programs, restrictions, inequities and confusion. Building a stronger finance system to benefit from resources is an important step in strengthening California's K-12 education system and better meeting the needs of its students. Gov. Brown has recently proposed the Local…

  2. Threshold Concepts in Finance: Conceptualizing the Curriculum

    Science.gov (United States)

    Hoadley, Susan; Tickle, Leonie; Wood, Leigh N.; Kyng, Tim

    2015-01-01

    Graduates with well-developed capabilities in finance are invaluable to our society and in increasing demand. Universities face the challenge of designing finance programmes to develop these capabilities and the essential knowledge that underpins them. Our research responds to this challenge by identifying threshold concepts that are central to…

  3. Tracking Changes in European Housing Finance

    DEFF Research Database (Denmark)

    Lunde, Jens; Whitehead, Christine

    2016-01-01

    The article discusses the changing trends in the housing finance industry of Europe. The article further mentions that the modus operandi of the industry has remained stable amid economic fluctuations in the overall housing sector between 1990-2015. Moreover, the need to reduce the public spending...... on housing is considered as one of the reasons for introducing private housing finance....

  4. Shared services in accounting and finance

    NARCIS (Netherlands)

    Swagerman, D.M.; van Steenis, Jorn; Sieber, Pascal; Griese, Joachim

    1998-01-01

    The purpose of this paper is to present examples of the current state of the Shared Services Concept as applied to the finance function. The paper arises out of the ongoing research after current developments in the finance function enabled by information and communication technology, at the

  5. Municipal bond financing of solar energy facilities

    Energy Technology Data Exchange (ETDEWEB)

    White, S.S.

    1979-12-01

    The application of the laws of municipal bond financing to solar facilities is examined. The type of facilities under consideration are outlined. The general legal principles of municipal securities financing are discussed. The effect of recent decisions applying antitrust liability to municipal corporations is also discussed. Five specific types of municipal bonds are explained. The application of Section 103 of the Internal Revenue Code of 1954, as amended, to the issuance of municipal bonds for solar facility financing is examined also. Five bond laws of five representative states are examined and whether the eight types of solar facilities under consideration could be financed under such law is discussed. The application of the general legal principle is illustrated. Three hypothetical situations are set forth and common legal issues to be confronted by city officials in proposing such financing are discussed. These issues will be raised in most financings, but the purpose is to examine the common context in which they are raised. It is concluded that if it can be shown that the purpose of the solar facilities to be financed is to benefit the public, all legal obstacles to the use of municipal financing of solar facilities can be substantially overcome.

  6. Who's Reading What in Education Finance?

    Science.gov (United States)

    Quay, Richard H.

    1981-01-01

    Responses from 18 of 68 college professors who are members of the editorial boards of the "Economics of Education Review" and the "Journal of Education Finance" list the books and journals they consider essential reading for students of educational finance and give the two research issues they consider most important. (MLF)

  7. The Fundamental Equation in Tourism Finance

    NARCIS (Netherlands)

    M.J. McAleer (Michael)

    2015-01-01

    textabstractThe purpose of the paper is to present the fundamental equation in tourism finance that connects tourism research to empirical finance and financial econometrics. The energy industry, which includes, oil, gas and bio-energy fuels, together with the tourism industry, are two of the most i

  8. Perspectives of Financing Higher Education in Germany.

    Science.gov (United States)

    Frackmann, Edgar

    1991-01-01

    The general structure of higher education finance in Germany and current and possible future developments in German higher education financing are analyzed. A shift from input budgeting to a more output-oriented steering of higher education is identified. Methods of dealing with the problems introduced by new mechanisms of decision making and fund…

  9. Applying Threshold Concepts to Finance Education

    Science.gov (United States)

    Hoadley, Susan; Wood, Leigh N.; Tickle, Leonie; Kyng, Tim

    2016-01-01

    Purpose: The purpose of this paper is to investigate and identify threshold concepts that are the essential conceptual content of finance programmes. Design/Methodology/Approach: Conducted in three stages with finance academics and students, the study uses threshold concepts as both a theoretical framework and a research methodology. Findings: The…

  10. Federal Financing of Education: Issues and Evidence.

    Science.gov (United States)

    Hinchliffe, Keith

    1989-01-01

    Compares federal financing of education in the United States, Canada, Australia, Brazil, India, and Nigeria. Examines methods for reducing vertical and horizontal fiscal imbalances and resulting inequalities in provision of education. Predicts increasingly centralized financing and control of education. Contains 31 references. (SV)

  11. Essays on banking and finance in China

    NARCIS (Netherlands)

    Lu, L.

    2013-01-01

    The Chinese economy has grown at a spectacular speed during the past three decades while the financial system is not well developed in China. On the one hand, the informal financing channels, i.e. borrowing from family members, friends, moneylenders, trade credit, etc., may provide proper financing

  12. Essays in Banking and Corporate Finance

    NARCIS (Netherlands)

    T. Wang (Teng)

    2015-01-01

    markdownabstract__Abstract__ This dissertation bundles three empirical studies in the area of corporate finance and banking. These studies investigate corporates’ financing activity with a special focus on the interaction between the banking industry and corporate borrowers. By showing how changes

  13. Population ageing and public finance targets

    OpenAIRE

    Heikki Oksanen

    2003-01-01

    The paper incorporates intergenerational fairness into a framework to analyse long-term sustainability of public finances under population ageing. It establishes a link between ageing-related public expenditure projections and public finance targets, thereby clarifying the connection between pension reforms and general government budget balance and debt targets.

  14. 100th meeting of the Finance Committee

    CERN Multimedia

    CERN PhotoLab

    1969-01-01

    The Finance Committee is an advisory committee to the CERN Council. It has the exacting job of supervising CERN’s finances, being concerned with such things as examining budget proposals, salary structures and cost variation formulae and with approving the award of major contracts to industry.

  15. Financing the health care Internet.

    Science.gov (United States)

    Robinson, J C

    2000-01-01

    Internet-related health care firms have accelerated through the life cycle of capital finance and organizational destiny, including venture capital funding, public stock offerings, and consolidation, in the wake of heightened competition and earnings disappointments. Venture capital flooded into the e-health sector, rising from $3 million in the first quarter of 1998 to $335 million two years later. Twenty-six e-health firms went public in eighteen months, raising $1.53 billion at initial public offering (IPO) and with post-IPO share price appreciation greater than 100 percent for eighteen firms. The technology-sector crash hit the e-health sector especially hard, driving share prices down by more than 80 percent for twenty-one firms. The industry now faces an extended period of consolidation between e-health and conventional firms.

  16. French public finances at risk?

    Directory of Open Access Journals (Sweden)

    Creel Jérôme

    2014-01-01

    Full Text Available Using descriptive evidence, this paper contributes to the debate on French public finances’ consolidation by examining the long-term sustainability of France’s fiscal position. We trace the historical trends of government’s tax receipts and expenditures. We illustrate that while the level of public expenditure in France is larger than in the Euro Area, its trend is comparable to its neighbours. French net debt is comparable to Eurozone’s while French net wealth remains positive. However, the French tax system is not progressive with only 6% of compulsory levies raised that way, and too complex. The paper then acknowledges the efficient debt management of French authorities. As a conclusion, we see no risk of future unsustainability linked to the nature or the level of current French public finances.

  17. Finance salaries. Account the cost.

    Science.gov (United States)

    Robling, Andy

    2003-02-06

    Post-qualification salaries have increased by 4-7 per cent, a slowdown on last year's figures when increases were often more than 10 per cent. The highest increases this year tended to be in medium-sized trusts where newly qualified accountants' salaries rose 8.2 per cent. Directors of finance in large trusts earn about 20 per cent more than in medium trusts and about 40 per cent more than in small ones. Newly qualified accountants in large trusts earn 5 per cent more than in medium-sized trusts and 13 per cent more than in small ones. The survey is based on an analysis of salaries from Hays' jobs database, and salaries of registered candidates.

  18. Novel methods in computational finance

    CERN Document Server

    Günther, Michael; Maten, E

    2017-01-01

    This book discusses the state-of-the-art and open problems in computational finance. It presents a collection of research outcomes and reviews of the work from the STRIKE project, an FP7 Marie Curie Initial Training Network (ITN) project in which academic partners trained early-stage researchers in close cooperation with a broader range of associated partners, including from the private sector. The aim of the project was to arrive at a deeper understanding of complex (mostly nonlinear) financial models and to develop effective and robust numerical schemes for solving linear and nonlinear problems arising from the mathematical theory of pricing financial derivatives and related financial products. This was accomplished by means of financial modelling, mathematical analysis and numerical simulations, optimal control techniques and validation of models. In recent years the computational complexity of mathematical models employed in financial mathematics has witnessed tremendous growth. Advanced numerical techni...

  19. Power generation from coal and biomass based on integrated gasification combined cycle concept with pre- and post-combustion carbon capture methods

    Energy Technology Data Exchange (ETDEWEB)

    Calin-Cristian Cormos; Ana-Maria Cormos; Serban Agachi [Babes-Bolyai University, Cluj-Napoca (Romania)

    2009-11-15

    Gasification technology is a process in which solid fuel is partially oxidised by oxygen and steam/water to produce a combustible gas called syngas (mainly a mixture of hydrogen and carbon monoxide). Syngas can be used either for power generation or processed to obtain various chemicals (hydrogen, ammonia, methanol, etc.). This article evaluates the possibilities of solid fuel decarbonisation by capturing carbon dioxide resulting from thermo-chemical conversion of solid fuel using gasification. Evaluation is focused on power generation technology using syngas produced by solid fuel gasification (so-called integrated gasification combined cycle IGCC). Case studies analysed in the article are using a mixture of coal and biomass (sawdust) to produce around 400 MW electricity simultaneously with capturing about 90% of the feedstock carbon. Various carbon dioxide capture options (post- and pre-combustion) are compared with situation of no carbon capture in terms of plant configurations, energy penalty, CO{sub 2} emissions, etc. Plant options are modelled using ChemCAD, and simulation results are used to assess the plant performances. Plant flexibility and future improvements are also discussed.

  20. FINANCING RENEWABLE ENERGY SOURCES INVESTMENT IN POLAND

    Directory of Open Access Journals (Sweden)

    Jerzy Piotr Gwizdała

    2017-09-01

    Full Text Available In Poland, as in other European Union countries, the project finance structure is used to finance investments in the field of energy. This method investment financing is often used in the world. The upward trend inhibition in recent periods has been due to the global financial crisis and financial instability in the euro zone. On account of the necessity to develop the energy infrastructure associated with renewable sources, the considerable strengthening in the use of project finance techniques can be expected. The particular progression may be observed in the case of public-private partnership (ppp, where public investments are carried out by private companies. Companies, in case of investment realization in the field of ppp, almost always use project finance, because it is a beneficial way to separate the risks associated with an investment from the balance sheet of the compa-ny.