WorldWideScience

Sample records for sustainable oil revenue

  1. Towards sustainable oil revenue management

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2004-07-01

    Challenges to oil revenue management in existing and emerging African oil economies are examined, with a special emphasis on countries in UNDP's Central and Eastern Africa (CEA) Region. It is part of the first phase of UNDP/CEA's Oil Revenue Initiative (ml)

  2. Oil Economy and the Revenue Allocation Debacle in Nigeria ...

    African Journals Online (AJOL)

    The paper argue that the displacement of agricultural products by oil as the focal point of national revenue, and the attendant relegation of the principle of derivation in revenue allocation, is the root cause of the revenue allocation debacle in Nigerian federalism. The focus on revenue sharing rather than revenue generation ...

  3. Oil and gas production equals jobs and revenue

    International Nuclear Information System (INIS)

    Aimes, L.A.

    1994-01-01

    The effects of oil and gas production on jobs and revenue are discussed. Some suggestions are presented that should provide the climate to increase jobs, add revenue and increase efficiency in state agencies within the producing states. Some of the ideas and suggestions are summarized. Some of these ideas include: how to extend the economic limits of marginal properties; how the states can encourage additional drilling without incurring loss of revenue; and the use of investment tax credits

  4. Assessing alternative options for allocating oil revenue in Iran

    International Nuclear Information System (INIS)

    Barkhordar, Zahra A.; Saboohi, Yadollah

    2013-01-01

    The present paper focuses on medium-term effects of alternative windfall management strategies for a resource abundant country where the resource revenues are expected to last over a prolonged period. In particular, the trade-off between spending and saving is analyzed within the framework of a recursive dynamic computable general equilibrium model. The model is further validated against historical data available for 2001–2010. The total factor productivity is calculated endogenously in the model based on a function that reflects the changes in factor productivity. The results suggest that saving oil revenues, whether in an oil fund or through physical investment in domestic sectors, leads to a higher economic growth. However, physical investment is superior in the short to medium term based on the resultant GDP while creating an oil fund might be more beneficial in the post oil era. - Highlights: • A recursive dynamic general equilibrium model is applied for Iran. • The total factor productivity is calculated endogenously. • Alternative revenue allocation options are investigated. • Physical investment of oil windfalls leads to higher economic growth in medium run. • Financial investment of oil revenues leads to higher economic growth in long run

  5. Management of Oil Revenues: Has That of Azerbaijan Been Prudent?

    Directory of Open Access Journals (Sweden)

    Sarvar Gurbanov

    2017-06-01

    Full Text Available To help explain the common failure of oil or other natural resource exporting countries to diversify into industry, it has been common to trace this failure to real exchange rate appreciation. This has also been done in Azerbaijan. However, because Azerbaijan has devoted so much of its oil revenues to government investment, Azerbaijan provides a suitable case for examining an alternative link through government investment. This study applies the ARDL cointegration method to quarterly time series data on oil prices, government capital formation, non-oil exports and non-oil GDP to estimate the long run relationships linking oil prices to government investment expenditures and further to generation of non-oil GDP. The results show that despite the massive government investment expenditures, extremely little non-oil production of the tradable type has been generated, calling attention to the need for policy reform.

  6. Revenue Risk of U.S. Tight-Oil Firms

    Directory of Open Access Journals (Sweden)

    Luis Mª Abadie

    2016-10-01

    Full Text Available American U.S. crude oil prices have dropped significantly of late down to a low of less than $30 a barrel in early 2016. At the same time price volatility has increased and crude in storage has reached record amounts in the U.S. America. Low oil prices in particular pose quite a challenge for the survival of U.S. America’s tight-oil industry. In this paper we assess the current profitability and future prospects of this industry. The question could be broadly stated as: should producers stop operation immediately or continue in the hope that prices will rise in the medium term? Our assessment is based on a stochastic volatility model with three risk factors, namely the oil spot price, the long-term oil price, and the spot price volatility; we allow for these sources of risk to be correlated and display mean reversion. We then use information from spot and futures West Texas Intermediate (WTI oil prices to estimate this model. Our aim is to show how the development of the oil price in the future may affect the prospective revenues of firms and hence their operation decisions at present. With the numerical estimates of the model’s parameters we can compute the value of an operating tight-oil field over a certain time horizon. Thus, the present value (PV of the prospective revenues up to ten years from now is $37.07/bbl in the base case. Consequently, provided that the cost of producing a barrel of oil is less than $37.07 production from an operating field would make economic sense. Obviously this is just a point estimate. We further perform a Monte Carlo (MC simulation to derive the risk profile of this activity and calculate two standard measures of risk, namely the value at risk (VaR and the expected shortfall (ES (for a given confidence level. In this sense, the PV of the prospective revenues will fall below $22.22/bbl in the worst 5% of the cases; and the average value across these worst scenarios is $19.77/bbl. Last we undertake two

  7. Iraq: Oil and Gas Legislation, Revenue Sharing, and U.S. Policy

    National Research Council Canada - National Science Library

    Blanchard, Christopher M

    2008-01-01

    ... and natural gas resources. A group of four proposed laws includes an oil and gas sector framework law and three supporting laws that would outline revenue sharing, restructure Iraq's Ministry of Oil, and create an Iraqi National Oil Company...

  8. Iraq: Oil and Gas Legislation, Revenue Sharing, and U.S. Policy

    National Research Council Canada - National Science Library

    Blanchard, Christopher M

    2008-01-01

    ... and natural gas resources. The package includes an oil and gas sector framework law and three supporting laws that would outline revenue sharing, restructure Iraq 's Ministry of Oil, and create an Iraqi National Oil Company...

  9. Iraq: Oil and Gas Legislation, Revenue Sharing, and U.S. Policy

    National Research Council Canada - National Science Library

    Blanchard, Christoper M

    2007-01-01

    ... and natural gas resources. The package includes an oil and gas sector framework law and three supporting laws that would outline revenue sharing, restructure Iraq's Ministry of Oil, and create an Iraqi National Oil Company...

  10. Iraq: Oil and Gas Legislation, Revenue Sharing, and U.S. Policy

    National Research Council Canada - National Science Library

    Blanchard, Christopher M

    2007-01-01

    ... and natural gas resources. The package includes an oil and gas sector framework law and three supporting laws that would outline revenue sharing mechanisms, restructure Iraq 's Ministry of Oil, and create an Iraqi National Oil Company...

  11. Measuring the importance of oil-related revenues in total fiscal income for Mexico

    Energy Technology Data Exchange (ETDEWEB)

    Reyes-Loya, Manuel Lorenzo; Blanco, Lorenzo [Facultad de Economia, Universidad Autonoma de Nuevo Leon, Loma Redonda 1515 Pte., Col. Loma Larga, C.P. 64710, Monterrey, Nuevo Leon (Mexico)

    2008-09-15

    Revenues from oil exports are an important part of government budgets in Mexico. A time-series analysis is conducted using monthly data from 1990 to 2005 examining three different specifications to determine how international oil price fluctuations and government income generated from oil exports influence fiscal policy in Mexico. The behavior of government spending and taxation is consistent with the spend-tax hypothesis. The results show that there is an inverse relationship between oil-related revenues and tax revenue from non-oil sources. Fiscal policy reform is urgently needed in order to improve tax collection as oil reserves in Mexico become more and more depleted. (author)

  12. Non-Oil Sector and the Enhancement of Revenue Generation in ...

    African Journals Online (AJOL)

    -oil sector failed owing to improper implementation. This paper examines the likely causes for the failure and suggests possible strategies to boost revenue from the non-oil sector to include: improving existing infrastructure to boost production; ...

  13. Transparency and Accountability in the Management of Oil Revenues in Ghana

    Directory of Open Access Journals (Sweden)

    Ransford Edward Van Gyampo

    2016-01-01

    Full Text Available This paper undertakes a five-year review of the management of oil revenues in Ghana since the commencement of oil production in 2010. Using reports from the Petroleum Transparency and Accountability Index, official records from key state agencies, and interviews with core individuals within the petroleum sector, the paper assesses the quality of transparency and accountability in the management of Ghana’s oil revenue. It argues that even though some progress has been made in the transparent and accountable use of oil revenues, more can be achieved if certain critical bills are passed and proactive interventions pursued without further delay on the part of government and policymakers within Ghana’s petroleum sector. These would help prevent both potential social conflict that may result from a lack of information on how oil revenues are utilised and the corrupt use of oil funds by politicians and people in authority within the oil industry.

  14. How to share the oil revenue - Lessons from an African experience

    International Nuclear Information System (INIS)

    Ikama, Jean-Jacques

    2013-01-01

    This document proposes a brief presentation of a book in which the author addresses the issue of oil revenues which are at the root of conflicts in almost all oil producing countries, and comments the fact that the distribution of oil revenues between producing States and oil companies is still a matter of discussion and questions. The author aims at defining these revenues and at clarifying questions related to their appropriation, at revealing the basic reason for the sharing of this revenue and at explaining the distribution mechanisms, at analyzing the results of this distribution and at noticing some effects like despoilment, at examining the tax pressure on oil companies and at assessing its actual level, and at proposing a simple, flexible and fair sharing model. The author notably relies on his knowledge of Congo

  15. Iraq: Oil and Gas Legislation, Revenue Sharing, and U.S. Policy

    National Research Council Canada - National Science Library

    Blanchard, Christoper M

    2007-01-01

    Iraqi leaders continue to debate a package of hydrocarbon sector and revenue sharing legislation that would define the terms for the future management and development of the country's significant oil...

  16. Iraq: Oil and Gas Legislation, Revenue Sharing, and U.S. Policy

    National Research Council Canada - National Science Library

    Blanchard, Christopher M

    2007-01-01

    Iraqis continue to debate a package of hydrocarbon sector and revenue sharing legislation that will define the terms for the future management and development of the country's significant oil and natural gas resources...

  17. Iraq: Oil and Gas Legislation, Revenue Sharing, and U.S. Policy

    National Research Council Canada - National Science Library

    Blanchard, Christopher M

    2007-01-01

    Iraqi leaders continue to debate a package of hydrocarbon sector and revenue sharing legislation that will define the terms for the future management and development of the country's significant oil...

  18. Iraq: Oil and Gas Legislation, Revenue Sharing, and U.S. Policy

    National Research Council Canada - National Science Library

    Blanchard, Christopher M

    2008-01-01

    Iraqi leaders continue to debate a package of hydrocarbon sector and revenue sharing legislation that would define the terms for the future management and development of the country's significant oil...

  19. The effects of oil shocks on government expenditures and government revenues nexus in Iran (as a developing oil-export based economy)

    NARCIS (Netherlands)

    S.F. Dizaji (Sajjad Faraji)

    2012-01-01

    textabstractThe main purpose of this study is to investigate the dynamic relationship between government revenues and government expenditures in Iran as a developing oil export based economy. Moreover, I want to know how government expenditures and revenues respond to oil price (revenue) shocks. I

  20. Three essays on political economy of oil revenues in the African states

    International Nuclear Information System (INIS)

    Omgba, Luc Desire

    2010-01-01

    The vision of the role of natural resources in the development process has changed over the last thirty years. The optimistic views of the beginning became more moderate, even pessimistic. This thesis focuses on the role of oil in the political, institutional, and economic performances of African countries, some of which are richly endowed. It revolves around three empirical essays. Chapter 2 focuses on the duration of political regimes in Africa and shows from a duration model that revenues from oil exploitation play an important role. Chapter 3 examines the high indebtedness of oil-producing countries. A collateral effect of oil resources is highlighted, it dominates an instability effect. Chapter 4 includes, in a dynamic computable general equilibrium model, the permanent income hypothesis presented in the literature as the answer to the fiscal management of oil revenues. It concludes that a relevant rule of oil revenues management in African countries should not reduce only the impact of volatility on public finances, but it should also address the development needs of African oil producing countries. (author)

  1. Dynamic relationships between oil revenue, government spending and economic growth in Oman

    Directory of Open Access Journals (Sweden)

    Ahmad Hassan Ahmad

    2015-07-01

    Full Text Available This paper investigates the short-run and long-run relationships between three main macroeconomic variables in Oman using the Johansen multivariate co-integration techniques as well as the stationary VAR for the period between 1971 and 2013. The results indicate that there is a long-run relationship between these three macroeconomic variables; the real GDP, the real government expenditure and the real oil revenues. The estimated coefficients for the real oil revenues and the real government expenditure are correctly signed and statistically significant at 5% level. Both variables depict positive relationship with GDP which are 0.672 and 0.872 respectively. The impulse response functions and the variance decomposition from the stationary VAR show that these variables are very important to the short-run dynamics of the Omani economy. Overall, government expenditure appears to be the main source for economic growth in long-run, and in short run variations in government expenditure are generally derived by oil revenue shocks. Therefore, the volatility in oil revenue requires public expenditure management reforms and the need to diversify income sources in order to enhance economic stability and growth.

  2. Financial sustainability in municipal solid waste management--costs and revenues in Bahir Dar, Ethiopia.

    Science.gov (United States)

    Lohri, Christian Riuji; Camenzind, Ephraim Joseph; Zurbrügg, Christian

    2014-02-01

    Providing good solid waste management (SWM) services while also ensuring financial sustainability of the system continues to be a major challenge in cities of developing countries. Bahir Dar in northwestern Ethiopia outsourced municipal waste services to a private waste company in 2008. While this institutional change has led to substantial improvement in the cleanliness of the city, its financial sustainability remains unclear. Is the private company able to generate sufficient revenues from their activities to offset the costs and generate some profit? This paper presents a cost-revenue analysis, based on data from July 2009 to June 2011. The analysis reveals that overall costs in Bahir Dar's SWM system increased significantly during this period, mainly due to rising costs related to waste transportation. On the other hand, there is only one major revenue stream in place: the waste collection fee from households, commercial enterprises and institutions. As the efficiency of fee collection from households is only around 50%, the total amount of revenues are not sufficient to cover the running costs. This results in a substantial yearly deficit. The results of the research therefore show that a more detailed cost structure and cost-revenue analysis of this waste management service is important with appropriate measures, either by the privates sector itself or with the support of the local authorities, in order to enhance cost efficiency and balance the cost-revenues towards cost recovery. Delays in mitigating the evident financial deficit could else endanger the public-private partnership (PPP) and lead to failure of this setup in the medium to long term, thus also endangering the now existing improved and currently reliable service. We present four options on how financial sustainability of the SWM system in Bahir Dar might be enhanced: (i) improved fee collection efficiency by linking the fees of solid waste collection to water supply; (ii) increasing the value

  3. Evaluating waterpoint sustainability and access implications of revenue collection approaches in rural Kenya

    Science.gov (United States)

    Foster, T.; Hope, R.

    2017-02-01

    Water policies in many sub-Saharan African countries stipulate that rural communities are responsible for self-financing their waterpoint's operation and maintenance. In the absence of policy consensus or evidence on optimal payment models, rural communities adopt a diversity of approaches to revenue collection. This study empirically assesses waterpoint sustainability and access outcomes associated with different revenue collection approaches on the south coast of Kenya. The analysis draws on a unique data set comprising financial records spanning 27 years and 100 communities, operational performance indicators for 200 waterpoints, and water source choices for more than 2000 households. Results suggest communities collecting pay-as-you-fetch fees on a volumetric basis generate higher levels of revenue and experience better operational performance than communities charging flat fees. In both cases, financial flows mirror seasonal rainfall peaks and troughs. These outcomes are tempered by evidence that households are more likely to opt for an unimproved drinking water source when a pay-as-you-fetch system is in place. The findings illuminate a possible tension between financial sustainability and universal access. If the Sustainable Development Goal of "safe water for all" is to become a reality, policymakers and practitioners will need to address this issue and ensure rural water services are both sustainable and inclusive.

  4. Peering into Alberta’s Darkening Future: How Oil Prices Impact Alberta’s Royalty Revenues

    Directory of Open Access Journals (Sweden)

    Sarah Dobson

    2015-03-01

    Full Text Available The price of oil just keeps collapsing — and the fate of Alberta’s revenues is buckling with it. Going into March 2015, it seemed as if prices might have finally found a bottom, somewhere between US$48 and US$52. By the second week of March, they began falling again, to the low forties. These are prices the Alberta government had not even ventured to fathom when first putting together its forecasts for the impact of falling oil prices on the province’s finances. Come the fourth quarter of the Alberta government’s 2014/15 fiscal year, the province’s finances will begin to really feel the blow from the plunge in oil, as royalty payments dry up significantly. Come the 2015/16 fiscal year, the situation becomes even bleaker. In fact, the current fiscal year will seem pleasant compared to the next one. Due to a stronger than expected first half of the year, actual bitumen and crude oil royalties collected in Alberta from April to September 2014 exceeded estimates by $1.3 billion. That will mitigate some of the damage that the continuing slide in prices will cause by the year’s end, with the government’s third quarter update showing expected year-end crude oil and bitumen royalty revenues falling short of the budget target by $549 million. So severe has the fall in oil prices been that, in March 2015, the number of barrels of conventional oil that the government collects in royalties could plummet by up to 53,000 barrels from the 2014/15 budget forecast, declining to just 4,100 barrels per day. This suggests that prices may be nearing a point where royalty collection from conventional crude oil production is at risk of being virtually eliminated. Bitumen royalties are not faring much better. Relative to July 2014, per barrel royalties in February 2015 have potentially declined by 60 to 90 per cent. All told, the combined effect of the changing exchange rate, lower prices, and the lower royalty rates that take effect in this low

  5. Financial sustainability in municipal solid waste management – Costs and revenues in Bahir Dar, Ethiopia

    International Nuclear Information System (INIS)

    Lohri, Christian Riuji; Camenzind, Ephraim Joseph; Zurbrügg, Christian

    2014-01-01

    Highlights: • Cost-revenue analysis over 2 years revealed insufficient cost-recovery. • Expenses for motorized secondary collection increased by 82% over two years. • Low fee collection rate and reliance on only one revenue stream are problematic. • Different options for cost reduction and enhanced revenue streams are recommended. • Good public–private alliance is crucial to plan and implement improvement measures. - Abstract: Providing good solid waste management (SWM) services while also ensuring financial sustainability of the system continues to be a major challenge in cities of developing countries. Bahir Dar in northwestern Ethiopia outsourced municipal waste services to a private waste company in 2008. While this institutional change has led to substantial improvement in the cleanliness of the city, its financial sustainability remains unclear. Is the private company able to generate sufficient revenues from their activities to offset the costs and generate some profit? This paper presents a cost-revenue analysis, based on data from July 2009 to June 2011. The analysis reveals that overall costs in Bahir Dar’s SWM system increased significantly during this period, mainly due to rising costs related to waste transportation. On the other hand, there is only one major revenue stream in place: the waste collection fee from households, commercial enterprises and institutions. As the efficiency of fee collection from households is only around 50%, the total amount of revenues are not sufficient to cover the running costs. This results in a substantial yearly deficit. The results of the research therefore show that a more detailed cost structure and cost-revenue analysis of this waste management service is important with appropriate measures, either by the privates sector itself or with the support of the local authorities, in order to enhance cost efficiency and balance the cost-revenues towards cost recovery. Delays in mitigating the evident

  6. Financial sustainability in municipal solid waste management – Costs and revenues in Bahir Dar, Ethiopia

    Energy Technology Data Exchange (ETDEWEB)

    Lohri, Christian Riuji, E-mail: christian.lohri@eawag.ch; Camenzind, Ephraim Joseph, E-mail: ephraimcamenzind@hotmail.com; Zurbrügg, Christian, E-mail: christian.zurbruegg@eawag.ch

    2014-02-15

    Highlights: • Cost-revenue analysis over 2 years revealed insufficient cost-recovery. • Expenses for motorized secondary collection increased by 82% over two years. • Low fee collection rate and reliance on only one revenue stream are problematic. • Different options for cost reduction and enhanced revenue streams are recommended. • Good public–private alliance is crucial to plan and implement improvement measures. - Abstract: Providing good solid waste management (SWM) services while also ensuring financial sustainability of the system continues to be a major challenge in cities of developing countries. Bahir Dar in northwestern Ethiopia outsourced municipal waste services to a private waste company in 2008. While this institutional change has led to substantial improvement in the cleanliness of the city, its financial sustainability remains unclear. Is the private company able to generate sufficient revenues from their activities to offset the costs and generate some profit? This paper presents a cost-revenue analysis, based on data from July 2009 to June 2011. The analysis reveals that overall costs in Bahir Dar’s SWM system increased significantly during this period, mainly due to rising costs related to waste transportation. On the other hand, there is only one major revenue stream in place: the waste collection fee from households, commercial enterprises and institutions. As the efficiency of fee collection from households is only around 50%, the total amount of revenues are not sufficient to cover the running costs. This results in a substantial yearly deficit. The results of the research therefore show that a more detailed cost structure and cost-revenue analysis of this waste management service is important with appropriate measures, either by the privates sector itself or with the support of the local authorities, in order to enhance cost efficiency and balance the cost-revenues towards cost recovery. Delays in mitigating the evident

  7. Budget Deficit Sustainability and Revenue Expenditure Linkages in Major South Asian Economies

    Directory of Open Access Journals (Sweden)

    Shruti SHASTRI

    2017-05-01

    Full Text Available The paper examines sustainability of budget deficits and dynamic linkages between government revenues and expenditures in five major South Asian economies, namely India, Pakistan, Bangladesh, Srilanka and Nepal for period 1985-2014. The study contributes to the literature by combining individual-country analysis with recent panel data approaches for robustness of results. Our results support existence of long-run relationship between government revenues and expenditures for the countries in a specification allowing for unknown structural break. The size of slope parameter obtained from Dynamic Ordinary Least Squares is however significantly less than one except for Bangladesh indicating incoherence with ‘strong’ sustainability of deficits. The long run causality analysis lends support to ‘spend-tax hypothesis’ for India, Bangladesh, Pakistan and Srilanka and ‘tax- spend hypothesis’ in case of Nepal. From perspective of design of fiscal consolidation programmes, this implies that adjustment of revenues would be optimal solution to control spending in Nepal while control of expenditure would be effective in case of India, Bangladesh, Pakistan and Srilanka. The results from Pedroni (1999 and Westerlund (2007 panel cointegration tests and block exogeniety and DumitrescuHurlin (2012 panel causality tests are broadly in conformity with the time series results.

  8. sustainable management of nigeria's oil wealth: legal challenges ...

    African Journals Online (AJOL)

    RAYAN_

    waste and the fixation with the sharing of oil revenues at the expense of ... sectors to the Nigerian economy.4 However, oil remains a very important resource for ..... economy. It claims that as revenue inflows from a natural resource (for example petroleum) increases, the productive sectors (such as manufacturing and.

  9. Giving away the Alberta advantage - are Albertans receiving maximum revenues from their oil and gas?: executive summary

    International Nuclear Information System (INIS)

    Laxer, G.

    1999-01-01

    The aim of the report was to see if Albertans are receiving maximum value from oil and gas revenues generated in their province. The study compared energy royalties collected on oil and gas production in Norway, Alaska and Alberta and found that both Norway and Alaska have realized greater turns (royalties and taxes) for every barrel of oil and gas produced than Alberta. The study examines Alberta with other international benchmarks such as Norway and Alaska, the collection performance of the current Alberta government compare with previous administrations, the indications for Alberta's future collection performance, the financial impact of Alberta's current provincial policies on the collection of oil and gas revenues and the policy implications for the fiscal management and accountability of government. Alberta's oil and gas legacy contributes significantly to employment, industry profits and government royalty and tax revenues, with government revenues from oil and gas royalties amounted to $3.78 billion or 21% of total government revenue in 1997-1998

  10. HIE sustainability secrets. NeHC report shares HIE success stories of alternate revenue streams and payer buy-in.

    Science.gov (United States)

    Prestigiacomo, Jennifer

    2011-11-01

    Getting effective stakeholder engagement, including that of payers, and creating innovative value-added services that provide alternate revenue streams beyond basic subscription services, are just a couple of the common traits of the flourishing health information exchanges profiled in the sustainability report released in August by the National eHealth Collaborative.

  11. International Oil Companies Sustainability after Oil Price decline

    Directory of Open Access Journals (Sweden)

    Tantau Adrian D.

    2017-07-01

    Full Text Available International Oil Companies (IOC’s had been playing a major role in oil industry at the beginning of 20th century. They had many volatility during last century and faced with many obstacles which forced them to change their business models and improve their outcome to satisfy their shareholders. One of the most important challenges was oil nationalization in oil producer countries which were happened by establishment of NOCs. Later green energy issue which came from CO2 emission problem happened and recently, oil and gas price diminish challenges, involve all IOCs with the most important challenge in last century after all. Among all those events, one of the most important key values which have been observed by IPIECA, API and IOGP associations every year is Sustainability. The objectives of the research are study all issues and indicators of sustainability in IOCs. Each indicator has faced with different strategy via IOCs in different market situation. The importance of this key value cause that it is observed by some important association like IPIECA, API and IOGP each year. As the scarcity of related references for business model in oil and gas industry, literature review of some resources and annual sustainability report followed by a questionnaire as a survey are also selected methods for recent major challenges to achieve required result.

  12. SUSTAINABILITY OF SUSTAINABLE PALM OIL: A MARKET INTEGRATION ANALYSIS

    Directory of Open Access Journals (Sweden)

    Diana Chalil

    2016-07-01

    Full Text Available Crude Palm Oil (CPO is the biggest consumed vegetable oil in the world. The increase in CPO production raises concern on the environmental impact even outside the producing countries. As a response to this matter, the EU has made a requirement to only import certified CPO (CSPO. India and China, the two biggest importers in the world, are less restrictive to the environmental issues, and their demands are more influenced by CPO price levels. These countries are the main export markets for Indonesia and Malaysia, the two biggest CPO exporters in the world. This research using monthly price data from the Netherlands, Germany, Italy, EU28, India, China, Indonesia and Malaysia. Market integrations are tested with Cointegration Test, Vector Error Correction Model and Seemingly Unrelated Regression. The results show that these markets are integrated, but European countries are unlikely to lead the price movement. Therefore, the concern on sustainable certification from the European countries still slowly spreads to other main importers, resulting in low absorption of CSPO. Keywords: market integration; sustainable palm oil; seemingly unrelated regression; vector Error correction model

  13. The development process and its relation to oil revenues and dependence on imported labor market in Saudi Arabia

    International Nuclear Information System (INIS)

    Almtairi, N.M.

    1991-01-01

    This study describes and analyzes the process of development in Saudi Arabia in relation to oil revenues and Saudi Arabian dependence on imported foreign labor. Modern development and societal change in Saudi Arabia began with the commercial exploitation of oil in 1939, therefore Saudi economy must be viewed from a dual perspective: a highly capital-intensive oil sector and a labor-intensive non-oil sector. In one generation the Kingdom created an infrastructure suitable to a rapid transformation from Bedouin tribes to a modern state, which became a leading regional power and now occupies an important place in international society. Important advances were made in social services, health services and education at all levels. Large-scale importation of foreign labor workers during the 1970s and early 1980s was necessary for the Development Plans. By the 1990s the major infrastructure was completed and only the maintenance work and minor projects remained for foreign labor sources

  14. Plucking the Golden Goose: Higher Royalty Rates on the Oil Sands Generate Significant Increases in Government Revenue

    Directory of Open Access Journals (Sweden)

    Kenneth J. McKenzie

    2011-09-01

    Full Text Available The Alberta government’s 2009 New Royalty Framework elicited resistance on the part of the energy industry, leading to subsequent reductions in the royalties imposed on natural gas and conventional oil. However, the oil sands sector, subject to different terms, quickly accepted the new arrangement with little complaint, recognizing it as win-win situation for industry and the government. Under the framework, Alberta recoups much more money in royalties — about $1 billion over the two year period of 2009 and 2010 — without impinging significantly on investment in the oil sands. This brief paper demonstrates that by spreading the financial risks and benefits to everyone involved, the new framework proves it’s possible to generate increased revenue without frightening off future investment. The same model could conceivably be applied to the conventional oil and natural gas sectors.

  15. Real purchasing power of oil revenues for OPEC Member Countries: a broad currency basket and dynamic trade pattern approach

    International Nuclear Information System (INIS)

    Mazraati, M.

    2005-01-01

    The purpose of this paper is to examine the real purchasing power of OPEC Member Countries' oil revenues, which are subject to 'the value of the US dollar vis-a-vis other major currencies' and 'world imported inflation'. The exponential weighting average formula with a broad basket of currencies is suggested. The basket of currencies is labelled as a broad currency basket and includes the major trading partners of OPEC Member Countries. The weights are normalized OPEC import shares of the countries of the basket and are updated and adjusted every year to incorporate a gradual change in the trade pattern. In other words, the dynamic trade pattern approach is incorporated in the calculations. The nominal dollar oil revenues of OPEC Member Countries are about $5,099 billion during 1970 to 2004, of which $3,725 bn (73 per cent) have been lost due to imported inflation and the dollar's depreciation. Imported inflation and dollar depreciation have had a respective 78.6 per cent and 21.4 per cent contribution to the losses of the purchasing power of OPEC Member Countries. The imported inflation rate approaches a stable low level, but OPEC still has a lot of concerns on dollar swings. The euro offers opportunities for many oil-exporting nations that have extensive trade relations with Euro-zone countries. Payments for oil exports can be invoked in euros at the prevailing dollar-euro rate on the day of a given contract, or any other trigger formula. This would immunize a major portion of OPEC oil revenues from dollar depreciation. (author)

  16. Fiscal sustainability and oil wealth: Managing oil and gas volatility in Azerbaijan

    NARCIS (Netherlands)

    Budina, N.; van Wijnbergen, S.

    2008-01-01

    Assessing fiscal sustainability - i.e. considering whether or not a country can maintain its current fiscal policies without running into solvency problems and possible default - requires projections on a government's future revenue stream, expenditures and contingent liabilities within a

  17. Environmental Conservation And Sustainable Development In Oil Producing Communities

    International Nuclear Information System (INIS)

    Agbon, I.S.

    1995-01-01

    This paper examines the impact of oil and gas exploration, development and production on the environment and local environmental standards and guidelines are highlighted and compared to prevailing environmental conditions in some of the oil producing communities. The effect of environmental pollution on the sustainable development of oil producing communities is analyzed. The responses of the inhabitants of oil producing communities to environmental degradation in detail. So also are the reactions of the oil producing companies and the Federal government. Special emphasis is placed on the activities of relevant governmental institutions in oil producing areas. Finally, a strategy for ensuring environmental conservation and sustainable development in oil producing communities is proposed

  18. Mobilising sustainable local government revenue in Ghana: modelling property rates and business taxes

    Directory of Open Access Journals (Sweden)

    Samuel B Biitir

    2015-06-01

    Full Text Available Property rates and business operating license fees constitute the major revenue sources for local government authorities. Accurate assessment of these revenues enhances the revenue base and effectiveness of their generation. Assessment of property rates and business operating license fees have been identified as one of the limiting factors that inhibit the revenue potential of local government authorities. Assessment must obey the principles of taxation such as efficiency, equity and fairness, adequacy, administrative feasibility and political acceptability. Over the years, the Sekondi-Takoradi Metropolitan Assembly (STMA acknowledges that, it has had problems in ensuring equity and fairness in the assessment of property rates and business operating license fees. The paper reports on a computer modelling study carried out to introduce measure to ensure equity and fairness in assessing tax objects. A computer application has been developed with quantitative measures to evaluate and assess equity in tax assessment. A test run of the system has been successful and a pilot test is currently being implemented by STMA.

  19. It only hurts when you produce : ten years of federal/provincial conflict over oil industry revenue sharing

    International Nuclear Information System (INIS)

    Smith, D.C.

    1998-01-01

    This book presents a collection of more than 300 cartoons which were published in 'Oilweek Magazine' between February 1973 and 1983. For the oil industry, this decade represented a time of increased provincial royalties and rising federal taxation. The cartoons depict the ongoing federal-provincial conflict over oil industry revenue sharing. The implication of the title is that while federal and provincial governments each determined the oil industry to be their own golden goose, the goose concluded that future demands for golden eggs would be painful to satisfy. At the time, the cartoons were submitted anonymously, but were well received by 'Oilweek' readers. In 1986, Amoco Regional Petroleum Engineering Supervisor Don Smith, revealed that he was the anonymous artist

  20. Sustainable Development - An Oil Industry View

    Energy Technology Data Exchange (ETDEWEB)

    Langcake, Peter [Shell International BV, (Netherlands)

    1997-12-31

    For Shell companies, according to this presentation, sustainable development is an umbrella concept that they have been dealing with for many years and that has recently been given increased focus. Over the years, concern about the depletion of non-renewable resources has been overshadowed by concern about the depletion of renewable sources such as fisheries, forests etc. and climate changes. The primary contribution that Shell can make to sustainable development now and in the foreseeable future is in the economic sphere. Some examples of the involvement of Shell are given: (1) Shell companies have for many years invested considerably in forestry projects and recently some have developed businesses in biomass to power generation projects. Some have projects in photovoltaics. (2) In the Camisea project in Peru, a Shell company is putting the sustainability principle to work by integrating economic, environmental and social aspects. Two large oil reserves lie on either side of the Camisea River. The area is home to several indigenous peoples; it borders a national park and is rich in biodiversity. (3) In Malaysia, Shell is exploiting rich offshore gas fields. These projects are examples of technology cooperation and capability building that contribute to Malaysia`s plans for becoming fully industrialized by 2020

  1. Impact of sustained low oil prices on China's oil & gas industry system and coping strategies

    OpenAIRE

    Chen, Jianjun; Wang, Nan; Tang, Hongjun; Li, Jun; Xiong, Bo

    2016-01-01

    The global sustained low oil prices have a significant impact on China's oil and gas industry system and the national energy security. This paper aims to find solutions in order to guarantee the smooth development of China's oil and gas industry system and its survival in such a severe environment. First, the origins of sustained low oil prices were analyzed. Then, based on those published data from IEA, government and some other authorities, this study focused on the development status, ener...

  2. Sistem Supply Chain Crude-Palm-Oil Indonesia dengan Mempertimbangkan Aspek Economical Revenue, Social Welfare dan Environment

    Directory of Open Access Journals (Sweden)

    Kuncoro Harto Widodo

    2010-01-01

    Full Text Available Crude-Palm-Oil (CPO is an agro-industrial commodity which has a strategic value to be developed for Indonesian economy and social welfare. Production and export of Indonesian CPO increase progressively in the view years so that CPO is one of the pre-eminent products of Indonesia. On the other hand, however, they could give two negative impacts. First, a less CPO supply for domestic market as a result of export growing. Second, a worse environment as an effect of the opening new palm plantations. We, therefore, construct and simulate the system model for analyzing the relationships between the components and for describing their behaviour within the supply chain of CPO by using a dynamic model. The result shows that in the next 30 years, the revenue of Indonesian CPO industries tends to increase. The biggest revenue will be achieved in the year 23rd. The maximum addition of plantation employees is in the year 7th as well as in the year 17th. Deforestation would be the highest in the year 7th and 17th in which 2008 as a basic year.

  3. Sustainable management of Nigeria's oil wealth: legal challenges ...

    African Journals Online (AJOL)

    The article discusses the need for stronger legal regimes for the efficient management of Nigeria's oil wealth, and identifies the roles that active stakeholder engagement, such as the Nigerian public and civil society organizations (CSOs) should play. Keywords: CSOs, sustainable management, oil wealth, mismanagement, ...

  4. Improving environmental sustainability of Thai palm oil production in 2050

    NARCIS (Netherlands)

    Saswattecha, Kanokwan; Kroeze, Carolien; Jawjit, Warit; Hein, Lars

    2017-01-01

    Palm oil production has increased in Thailand with considerable environmental impacts. The aim of this study is to analyse possibilities to examine how the environmental sustainability of Thai palm oil production can be improved in the coming decades. To this end, we integrated a sectoral and a

  5. Gender Role in Sustainable Palm Oil Production in Imo State ...

    African Journals Online (AJOL)

    E M IGBOKWE

    palm oil production entails the analysis of male and female, issues concerning the part both play in production of ... to modern processing equipment; examine roles across gender in sustainable production of palm oil; ... the same in Cameroon where the level of education are basically primary school leavers and junior high ...

  6. Examination of Ghana's oil sector: need for a new paradigm of oil ...

    African Journals Online (AJOL)

    The objective of this research paper is to address the issue of oil revenue management in Ghana for sustainable socio-economic development, as a model for emerging oil producing nations in West Africa. To meet its objectives, the research was designed to answer some questions pertaining to oil revenue management.

  7. Growing markets to sustain oil sands development

    International Nuclear Information System (INIS)

    Wise, T.H.

    2003-01-01

    The utilization of Alberta bitumen for the clean fuels market depends on upgrading, transportation, and refining processes. Forecasts show that oil sands production, which includes synthetic crude oil (SCO), will surpass declining conventional production in Western Canada. Several issues pose a challenge to the oil sands processing industry. The producers' market is affected by crude oil prices, market expansion options, diluent availability/cost, supply cost competitiveness, and regional processing. The common market issues include light/heavy crude prices, oil sands crude qualities, prices of oil sands crudes, pipeline infrastructure, and competitive supplies. The issues facing the refiners are: refining margins, security of crude supply, refined product quality, and competitive product supply. A brief review of markets for Canadian crude oil, including synthetic crude, was provided. The share of the Midwest market by Alberta must be retained and increased. The market expansion options were reviewed for both downstream (refining) and upstream (upgrading) operations. To reach more distant markets such as Southern Midwest, Washington, and California, new pipeline capacity would be required. The market is nearly saturated for Canada's heavy oil supply. More upgrading will be required as bitumen production increases. Market growth is still possible for Canada's SCO but according to forecasts, the market could also become saturated. To increase demand and allow supplies to grow, SCO prices may fall below light crude prices. It was noted that a balance must be achieved in order for producers to increase production and for refiner/upgraders to expand their conversion capacity. tabs., figs

  8. Mismanagement of Oil and Gas Resource Revenues in Africa: Lessons for Ghana’s Budding Oil and Gas Industry

    Science.gov (United States)

    2013-06-13

    government expenditure through taxation of the citizenry. This assertion by Ross is supported by Jeffrey Sachs in his explanation of the effects that...Escaping the Oil Curse, edited by Macartan Humphreys, Jeffrey D. Sachs and Joseph E. Stiglitz will also be used. The research will also rely...present/ (accessed 11 February 2013). Humphreys, Macartan, Jeffrey D. Sachs , and Joseph E. Stiglitz, eds. 2007. Escaping the resource curse. New York

  9. Exploring Opportunities for Sustainability in the Malaysian Palm Oil Industry

    DEFF Research Database (Denmark)

    Padfield, Rory; Hansen, Sune Balle; Preece, Christopher

    2011-01-01

    The global thirst for vegetable oil can be regarded as one of the greatest environmental challenges of the 21st Century and interest has intensified with the prospect of biofuels. Palm oil has risen to become the dominant player on the vegetable oil market – and the main recipient of environmental...... scrutiny. Focusing specifically on the Malaysian context, this paper analyses the major environmental, social and economic impacts associated with palm oil production. Drawing on recently published research, publicly available data and a comparison made with a recent sustainability initiative undertaken...... by the hydropower industry – an equally controversial and highly scrutinised sector – it is argued that the full extent of the impacts of palm oil should be acknowledged by those on both sides of the debate. Moreover, it is argued that by moving towards a less polarised version of the palm oil narrative and one...

  10. Sustainable Palm Oil Production For Bioenergy Supply Chain

    OpenAIRE

    Ng, Wai Kiat

    2009-01-01

    A bioenergy supply chain is formed by many parts which from the raw material, biomass feedstock until the distribution and utilisation. The upstream activity is always managed in a sustainable way in order to be capable enough to support the downstream activity. In this dissertation, the sustainable production of palm oil is focused and researched through problem identification and solving by using the operation management perspective and practices. At first, the global biomass industry is st...

  11. Economic sustainability of palm oil plantations among smallholders ...

    African Journals Online (AJOL)

    This study examines the economic sustainability indicators of oil palm smallholders in Lahad Datu, Sabah. A survey based on a set of questionnaires with 58 smallholder respondents were carried out. The findings indicated that majority smallholders have income above the poverty income level,, The income earned by the ...

  12. Resource revenues report

    International Nuclear Information System (INIS)

    2004-01-01

    Preliminary forecasts of resource revenues that may be forthcoming with the lifting of the moratorium on the west coast of British Columbia were presented. The forecasts are based on the development scenarios of one natural gas project in the Hecate Strait, and one oil project in the Queen Charlotte Sound. Both projects were assessed in an effort to demonstrate some of the potential resource revenues and public benefits that may be possible from offshore development in the province. Resource revenues provide the return-on-investments to the resource developer and public benefits in the form of taxes, royalties, lease payments and related fees to all levels of governments. Much of the revenues generated from the British Columbia offshore oil and gas development will accrue as income taxes. A public energy trust offers a way to transform non-renewable resource revenues into a renewable source of wealth for citizens of the province. The report presents estimates of project investment, pipeline capacity limitation, operating costs for offshore platforms, and earnings. It was estimated that about $2.0 billion in public benefits would be generated from combined project revenues of $6.9 billion. Information was obtained from offshore leaseholders as well as pipeline and engineering companies. refs., tabs., figs

  13. ECOLOGY SAFETY TECHNOLOGIES OF UNCONVENTIONAL OIL RESERVES RECOVERY FOR SUSTAINABLE OIL AND GAS INDUSTRY DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Viacheslav Zyrin

    2016-09-01

    Full Text Available The problem of effective technology for heavy oil recovery nowadays has a great importance, because of worsening geological conditions of the developed deposits, decreasing recovery factor, increasing the part of heavy oil. For the future sustainable development of oil producing industry the involved technologies must require energy effectiveness and ecological safety. The paper proves the enhanced oil recovery methods necessity for heavy oil deposits, highlighted thermal technologies as the most effective. But traditional thermal treatment technologies is a source of air pollutant emission, such as CO, NO etc. The calculation of emissions for traditional steam generator is provided. Besides, the paper shows the effectiveness of electrical enhanced oil recovery methods. The advantages of associated gas as a fuel for cogeneration plants is shown. The main approaches to implementation of carbon dioxide sequestration technologies in the oil and gas industry of Russia are defined. Conceptual view of СО2-EOR technologies potential within the context of sustainable development of oil and gas industry are presented. On the basis of the conducted research a number of scientific research and practical areas of the CCS technology development are revealed.

  14. Oil-points - Designers means to evaluate sustainability of concepts

    DEFF Research Database (Denmark)

    Bey, Niki; Lenau, Torben Anker

    1998-01-01

    Designers have an essential influence on product design and are therefore one target group for environmental evaluation methods. This implies, that such evaluation methods have to meet designers requirements. Evaluation of sustainability of products is often done using formal Life Cycle Assessment....... This is investigated by means of three case studies where environmental impact is estimated using the EDIP method, the Eco-indicator 95 method, and the Oil Point method proposed by the authors. It is found that the results obtained using Oil Points are in acceptable conformity with the results obtained with more...

  15. Impact of sustained low oil prices on China's oil & gas industry system and coping strategies

    Directory of Open Access Journals (Sweden)

    Jianjun Chen

    2016-05-01

    Full Text Available The global sustained low oil prices have a significant impact on China's oil and gas industry system and the national energy security. This paper aims to find solutions in order to guarantee the smooth development of China's oil and gas industry system and its survival in such a severe environment. First, the origins of sustained low oil prices were analyzed. Then, based on those published data from IEA, government and some other authorities, this study focused on the development status, energy policies and the future developing trend of those main oil & gas producing countries. Investigations show that the low-price running is primarily contributed to the so-called oil and gas policies in the USA. It is predicted that national petroleum consumption will reach up to 6.0 × 108 t (oil & 3300 × 108 m3 (gas in 2020 and 6.8 × 108 t (oil & 5200 × 108 m3 (gas in 2030. For reducing the dependence on foreign oil and gas, the investment in the upstream of oil and gas industry should be maintained and scientific research should be intensified to ensure the smooth operation of the oil and gas production system. Considering China's national energy security strategy, the following suggestions were proposed herein. First, ensure that in China the yearly oil output reaches 2 × 108 t, while natural gas yield will be expected to be up to 2700 × 108 m3 in 2030, both of which should become the “bottom line” in the long term. Second, focus on the planning of upstream business with insistence on risk exploration investment, scientific and technological innovation and pilot area construction especially for low-permeability tight oil & gas, shale oil & gas reservoir development techniques. Third, encourage the in-depth reform and further growth especially in the three major state-owned oil & gas companies under adverse situations, and create more companies competent to offer overseas technical services by taking the opportunity of the

  16. Sustainability aspects of biobased products : comparison of different crops and products from the vegetable oil platform

    NARCIS (Netherlands)

    Meesters, K.P.H.; Corré, W.J.; Conijn, J.G.; Patel, M.K.; Bos, H.L.

    2012-01-01

    This study focusses on the production of vegetable oil based products. A limited number of aspacts of the sustainability of the full chain (from agriculture to product at the factory gate) was evaluated. Three different vegetable oils were taken into account: palm oil, soy oil and rapeseed oil. Also

  17. The versatility of the Moringa oleifera oil in sustainable applications

    Directory of Open Access Journals (Sweden)

    Pereira Francisco S.G.

    2016-11-01

    Full Text Available This study had as aims the extraction, purification and characterization of moringa oil for everyday applications with backing scientific. The average oil yield was of 23.92%, using the techniques: mechanical pressing (11.36% and by with hexane extraction (35.48%. The oil extracted by pressing was analysed for gas chromatography, revealing a profile of 21.5% of saturated fatty acids and 78.5% of unsaturated fatty acids, having the oleic acid as the major component. The mixed crude oil was refined in four steps: degumming, neutralization, washing and drying. The crude and refined oils were characterised through their acidity index (8.8; 20.5 and 0.2 mgKOH g-1, peroxide index (3.3; 5.4 meqO2 kg-1 and not detected, water content (876.6; 632.0 and 630.2 mg kg-1, turbidity (64.1; 12.6 and 2.1 NTU, specific mass (909.5; 907.2 and 907.0 kg m3, kinematic viscosity (43.6; 39.1 and 41.7 mm2 s-1, high power calorific (39.7; 40. and 39.4 MJ kg-1 and calorific value lower (36.9; 36.9; 37.1 MJ kg-1, and ash content (0.05; 0.05 and 0.007%, respectively. The results show that moringa is a viable and sustainable plant in the use of its oil as raw material for several industries, especially in the food, cosmetic, pharmaceutical and biodiesel industry.

  18. Towards sustainability in offshore oil and gas operations

    Science.gov (United States)

    Khan, M. Ibrahim

    acceptable, economically profitable and socially responsible. This dissertation discusses the framework of true 'sustainability' for practically all aspects oil and gas operations and nature-based resource operations. Sustainability of existing offshore oil and gas operations techniques are analyzed and new nature-based technologies are proposed. Also evaluated are the fate and effect, environmental impact, risk factors, and the green supply chain in the case of seismic, drilling, production and decommissioning of oil operations. It is demonstrated with detailed examples that using the new approach will be economically more beneficial than the conventional approach, even in the short-term. The dissertation also examines the present status of petroleum operations with respect to waste generation, improper resource management, and the usage of toxic compounds in the overall lifecycle. To achieve true sustainability, some innovative models and technologies are presented. They include achievement of zero emissions, zero waste of resources, zero waste in activities, zero use of toxics, and zero waste in product life-cycle. This dissertation also discusses the environmental and technological problems of the petroleum sector and provides guidelines to achieve overall sustainability in oil company activities. Finally, this dissertation shows that inherent sustainability can be achieved by the involvement of community participation. The new screening tool proposed in this dissertation provides proper guidelines to achieve true sustainability in the technology development and other resource development operations.

  19. Oil and sustainability in Brazil, an intergenerational matter

    Directory of Open Access Journals (Sweden)

    Rodrigo Machado Vilani

    2014-01-01

    Full Text Available The aim of this study is to analyse the present discussion in Brazil about the new legislation for the oil reserves in the pre-salt layer in the light of the historical evolution of environmental and energy regulations in Brazil. Based on the principle of sustainable development, we attempt to show the compatibility between the new model and the aims and actions defined in national policies for energy and environment in the Federal Constitution of 1988. The study upholds the construction of a holistic, participative process for the elaboration of national policies, which necessarily contemplates an intergeneration perspective.

  20. Palm oil - towards a sustainable future? : Challanges and opportunites for the Swedish food industry

    OpenAIRE

    Nilsson, Sara

    2013-01-01

    The food industry faces problems relating to the sustainability of palm oil as a food commodity. These problem areas include social, environmental, economic and health issues. The food industry also competes with increasing palm oil demands from the energy sector. This case study identifies and analyzes different perspectives regarding sustainable palm oil as a food commodity in Sweden through interviews with palm oil experts in different businesses and organizations. This study focuses on ho...

  1. Determination of Indonesian palm-oil-based bioenergy sustainability indicators using fuzzy inference system

    Science.gov (United States)

    Arkeman, Y.; Rizkyanti, R. A.; Hambali, E.

    2017-05-01

    Development of Indonesian palm-oil-based bioenergy faces an international challenge regarding to sustainability issue, indicated by the establishment of standards on sustainable bioenergy. Currently, Indonesia has sustainability standards limited to palm-oil cultivation, while other standards are lacking appropriateness for Indonesian palm-oil-based bioenergy sustainability regarding to real condition in Indonesia. Thus, Indonesia requires sustainability indicators for Indonesian palm-oil-based bioenergy to gain recognition and easiness in marketing it. Determination of sustainability indicators was accomplished through three stages, which were preliminary analysis, indicator assessment (using fuzzy inference system), and system validation. Global Bioenergy partnership (GBEP) was used as the standard for the assessment because of its general for use, internationally accepted, and it contained balanced proportion between environment, economic, and social aspects. Result showed that the number of sustainability indicators using FIS method are 21 indicators. The system developed has an accuracy of 85%.

  2. Balancing medicine prices and business sustainability: analyses of pharmacy costs, revenues and profit shed light on retail medicine mark-ups in rural Kyrgyzstan.

    Science.gov (United States)

    Waning, Brenda; Maddix, Jason; Soucy, Lyne

    2010-07-13

    Numerous not-for-profit pharmacies have been created to improve access to medicines for the poor, but many have failed due to insufficient financial planning and management. These pharmacies are not well described in health services literature despite strong demand from policy makers, implementers, and researchers. Surveys reporting unaffordable medicine prices and high mark-ups have spurred efforts to reduce medicine prices, but price reduction goals are arbitrary in the absence of information on pharmacy costs, revenues, and profit structures. Health services research is needed to develop sustainable and "reasonable" medicine price goals and strategic initiatives to reach them. We utilized cost accounting methods on inventory and financial information obtained from a not-for-profit rural pharmacy network in mountainous Kyrgyzstan to quantify costs, revenues, profits and medicine mark-ups during establishment and maintenance periods (October 2004-December 2007). Twelve pharmacies and one warehouse were established in remote Kyrgyzstan with ups. Medicine mark-ups needed for sustainability were greater than originally envisioned by network administration. In 2005, 55%, 35%, and 10% of the network's top 50 products revealed mark-ups of 100%, respectively. Annual mark-ups increased dramatically each year to cover increasing recurrent costs, and by 2007, only 19% and 46% of products revealed mark-ups of ups > 100%. 2007 medicine mark-ups varied substantially across these products, ranging from 32% to 244%. Mark-ups needed to sustain private pharmacies would be even higher in the absence of government subsidies. Pharmacy networks can be established in hard-to-reach regions with little funding using public-private partnership, resource-sharing models. Medicine prices and mark-ups must be interpreted with consideration for regional costs of business. Mark-ups vary dramatically across medicines. Some mark-ups appear "excessive" but are likely necessary for pharmacy

  3. Assessment of Non-Revenue Water Situation in Mandalay City: Response to the Management of Sustainable Water Supply System in Mandalay City

    Directory of Open Access Journals (Sweden)

    Ser Moe Yi

    2017-07-01

    Full Text Available Mandalay city is experiencing inefficient use of groundwater resources and inadequate water supply system to residents. The study focused on the issue of non-revenue water (NRW and stakeholders’ perception on its management in order to design the remediation measures for the water lost controls and the sustainable water supply system. A total of 134 samples of water employees, and 383 households were assessed through structured questionnaires. It has been found that more than 50% of the water employees are not aware of the NRW concept. Furthermore, over 90% of the water users are not willing to participate in water management. The WB­EasyCalc software version 4.09 was used to determine NRW and the result of NRW is 46% of the total system input volume. The main causes of water losses in Mandalay city are: 1 a very low pressure system; 2 poor-quality repairs; 3 lack of regular maintenance; 4 water employees’ insufficient knowledge; 5 lack of awareness about the NRW concept; 6 poor customer relationships; and 7 water users’ lack of willingness to participate in the water losses management. Therefore, it is recommended that water utility service efficiency be optimized by giving capacity building to the water employees. It is also recommended that district metering areas (DMA be introduced and good customer relationship be established. This is to improve the water users’ willingness to participate in the water losses management for the efficient use under scarcity groundwater resources and for the sustainable water supply system.

  4. SOIL CONSERVATION TECHNIQUES IN OIL PALM CULTIVATION FOR SUSTAINABLE AGRICULTURE

    Directory of Open Access Journals (Sweden)

    Halus Satriawan

    2017-08-01

    Full Text Available Currently, many have been concerned with the oil palm cultivation since it may also put land resources in danger and bring about environmental damage. Poor practices in managing agricultural land very often occur due to the inadequate knowledge of soil conservation. Application of soil and water conservation is to maintain the productivity of the land and to prevent further damage by considering land capability classes. This research was aimed at obtaining soil and water conservation techniques which are the most appropriate and optimal for oil palm cultivation areas based on land capability classes which can support sustainable oil palm cultivation. Several soil conservation techniques had been treated to each different class III, IV, and VI of the studied area. These treatment had been performed by a standard plot erosion. The results showed for the land capability class III, Cover plants + Manure was able to control runoff, erosion and reduce leaching of N (LSD P≤0,05, in which soil conservation produced the lowest erosion (3,73t/ha, and N leaching (0,25%. On land capability class IV, Sediment Trap + cover plants+ manure was able to control runoff, erosion and reduce organic C and P leaching (LSD P≤0,05, in which soil conservation produced the lowest runoff (127,77 m3/ha, erosion (12,38t/ha, organic C leaching (1,14 %, and P leaching (1,28 ppm. On land capability class VI, there isn’t significant effect of soil conservation, but Bench Terrace + cover plants +manure has the lowest runoff, erosion and soil nutrient leaching.

  5. Palm oil mill effluent treatment and utilization to ensure the sustainability of palm oil industries.

    Science.gov (United States)

    Hasanudin, U; Sugiharto, R; Haryanto, A; Setiadi, T; Fujie, K

    2015-01-01

    The purpose of this study was to evaluate the current condition of palm oil mill effluent (POME) treatment and utilization and to propose alternative scenarios to improve the sustainability of palm oil industries. The research was conducted through field survey at some palm oil mills in Indonesia, in which different waste management systems were used. Laboratory experiment was also carried out using a 5 m(3) pilot-scale wet anaerobic digester. Currently, POME is treated through anaerobic digestion without or with methane capture followed by utilization of treated POME as liquid fertilizer or further treatment (aerobic process) to fulfill the wastewater quality standard. A methane capturing system was estimated to successfully produce renewable energy of about 25.4-40.7 kWh/ton of fresh fruit bunches (FFBs) and reduce greenhouse gas (GHG) emissions by about 109.41-175.35 kgCO2e/tonFFB (CO2e: carbon dioxide equivalent). Utilization of treated POME as liquid fertilizer increased FFB production by about 13%. A palm oil mill with 45 ton FFB/hour capacity has potential to generate about 0.95-1.52 MW of electricity. Coupling the POME-based biogas digester and anaerobic co-composting of empty fruit bunches (EFBs) is capable of adding another 0.93 MW. The utilization of POME and EFB not only increases the added value of POME and EFB by producing renewable energy, compost, and liquid fertilizer, but also lowers environmental burden.

  6. Estimation of the oil and gas sector participation of tax revenues in Brazil: 1996-2005; Estimativa da participacao do setor de petroleo e gas na arrecadacao tributaria brasileira: 1996-2005

    Energy Technology Data Exchange (ETDEWEB)

    Canelas, Andre [Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis (ANP), Rio de Janeiro, RJ (Brazil)], e-mail: acanelas@anp.gov.br

    2008-07-01

    The aim of this paper is to estimate the contribution of the oil and gas sector to the total amount of tax revenues in Brazil. Such an estimate is relevant due to the continuous increase of the economic importance of this sector in Brazil, which has been observed in the most recent years. (author)

  7. Oil Palm Expansion in the Brazilian Amazon (2006-2014): Effects of the 2010 Sustainable Oil Palm Production Program

    Science.gov (United States)

    Benami, E.; Curran, L. M.

    2017-12-01

    Brazil has the world's largest suitable land area for oil palm (Elaeis guineensis) establishment, with estimates as high as 238 million ha. To promote oil palm development, Brazil launched the Sustainable Palm Oil Production Program (SPOPP) in 2010 and delineated 30 million ha for its growth that excluded forested areas and indigenous reserves. Here we examine oil palm expansion (2006-2014) as well as the SPOPP's effectiveness in Pará, the major oil palm producing state in Brazil. By combining analyses of satellite imagery, land registration data, and site based interviews, we found that oil palm area expanded 205%. Although >50% of oil palm parcels were located within 0.5 km of intact forests, oil palm expansion in Asia and other Latin American countries came from directly converting forested lands. Direct intact forest conversion pre- and post-SPOPP declined from 4% to oil palm was developed by 2014. To explore the major factors that may have constrained oil palm expansion under the SPOPP, we conducted microeconomic simulations of oil palm production, combined with interviews with actors/individuals from oil palm companies, civil society, researchers at universities and NGOs, and governmental agencies. Brazil's oil palm-deforestation dynamics, policies, and economic conditions will be discussed.

  8. The effect of oil revenues instability on the oil-based and labor-exporting economies: The case of the Arab region

    International Nuclear Information System (INIS)

    Al-Abbasi, M.A.

    1991-01-01

    The changes in the trend of the oil-export earnings in the oil-based economics not only affected the growth of the domestic economics not only affected the growth of the domestic economies but influenced the economic activities in the neighboring labor-exporting economies. This study investigates and tests the hypothesis that uncertainty associated with fluctuations in oil-export earnings affect adversely the economic growth in the oil-based economies of the Middle East. In addition, it seeks to examine the hypothesis that the impact of such fluctuations has been transmitted to the neighboring labor-exporting economies, during the period 1970-1986. Results show that oil-export instability does indeed create a wave of fluctuations in the domestic economic activity of the oil-based economies through the negative effect on investment, government spending, and domestic output. For the labor-exporting economies, results suggest that the flow of workers' remittances have had a positive impact on investment and income growth. Results also indicate that the rate of economic growth in the oil-based economies sets a broad limit on the range of feasible growth in the labor-exporting economies

  9. Kebijakan Pemerintah Indonesia Pasca Keluar dari Roundtable And Sustainable Palm Oil (Rspo)

    OpenAIRE

    ", Afrizal; Angelika, Yoan

    2015-01-01

    This article will discuss the Indonesian government policy after the exit of the RSPO. RSPO is a non-profit association that unites stakeholders from seven sectors of the palm oil industry - oil palm producers, palm oil processors or traders, consumer goods manufacturers, retailers, banks and investors, NGOs, environmental preservation or conservation, and social NGOs. RSPO with stakeholders aims to develop and implement global standards for sustainable palm oil. But in contrast to the RSPO i...

  10. Quantifying the external cost of oil consumption within the context of sustainable development

    International Nuclear Information System (INIS)

    Abdel Sabour, S.A.

    2005-01-01

    The concept of sustainability implies that the flow of services derived from the use of natural capital must be constant over time and should be obtained at a constant price. For a depletable resource such as oil, the future generations are highly impacted due to the consumption behavior of the current generation. Since the ultimate oil stock within the Earth declines with cumulative consumption, excessive consumption of oil now reduces the availability of oil for future needs. Moreover, since oil reserves are normally extracted in the order of ascending cost and descending quality, excessive consumption of relatively high-quality, cheap oil reserves by the current generation raises the cost at which future generations can meet their needs of oil and hence imposes an external cost on the future generations. This study aims to quantify the external cost of consuming a barrel of oil within the context of sustainable development. An option-pricing model is developed to quantify this external cost assuming that the external cost of consuming a barrel of oil now equals the value of the option to get a barrel of oil in the future at the same current cost. Then, the total cost of consuming a barrel of oil now, that should be used in lifecycle costing to design more sustainable products, is the summation of the oil price and the external cost

  11. Mineral revenues

    International Nuclear Information System (INIS)

    1991-02-01

    This paper reports that the Interior Department's offshore oil and gas leasing program issued 123 leases offshore Florida, North Carolina, and Alaska between 1981 and 1988 that have since been suspended before exploration or development could begin. The suspensions were imposed on the basis of environmental concerns. Companies holding the leases paid a total of $507.8 million upfront for the leases and another $9.9 million in annual rent fees. GAO estimated the cost to the federal government of buying back the leases at between $889.4 million and $970.7 million for the 123 leases in bonuses, rents, and interests owed the companies, plus an additional $42.5 million the companies have spent on the leases. Thus, as of December 31, 1990, under the sunk cost approach, the government could be required to reimburse the lessees for about $1 billion

  12. Sustainable use of oil sands for geotechnical construction and road building

    CSIR Research Space (South Africa)

    Anochie-Boateng, Joseph

    2012-02-01

    Full Text Available established essential trends in oil sand behavior for developing laboratory guidelines and test protocols and typical material characterization models for their sustainable use in geotechnical and road building applications....

  13. An Evaluation of Holistic Sustainability Assessment Framework for Palm Oil Production in Malaysia

    Directory of Open Access Journals (Sweden)

    Chye Ing Lim

    2015-12-01

    Full Text Available Palm oil based biodiesel offers an alternative energy source that can reduce current dependence on conventional fossil fuels and may reduce greenhouse gas (GHG emissions depending on the type of feedstock and processes used. In the Malaysian context, the palm oil industry not only provides high-yield, renewable feedstock to the world, it brings socio-economic development to the Malaysian rural community and contributes to the national income. However, the sustainability of palm oil remains controversial, due to deforestation, pollution and social conflicts associated with its production. Sustainability assessment is vital for the palm oil industry to identify weaknesses, improve its sustainability performance and improve consumer confidence. This paper proposes a holistic sustainability assessment framework for palm oil production with the aim to address the weaknesses of existing palm oil sustainability assessment methods. It identifies environmental, social and economic Headline Performance Indicators, Key Performance Indicators and their Performance Measures in crude palm oil production in a structured framework. Each quantitative/semi-quantitative performance measure is translated into Likert Scale of 1–5, where 3 is the threshold value, 5 is the ideal condition, and 1 is the worst case scenario. Calculation methods were established for the framework to provide quantitative assessment results. The framework was tested using a hypothetical example with data from existing studies. The results suggest that crude palm oil production in Malaysia is below the sustainability threshold. Evaluations of this sustainability assessment framework also demonstrate that it is a comprehensive assessment method for assessing sustainability of feedstock for biofuel production.

  14. Tyrosol and hydroxytyrosol are absorbed from moderate and sustained doses of virgin olive oil in humans.

    Science.gov (United States)

    Miró-Casas, E; Covas, M-I; Fitó, M; Farré-Albadalejo, M; Marrugat, J; de la Torre, R

    2003-01-01

    To investigate the absorption of tyrosol and hydroxytyrosol from moderate and sustained doses of virgin olive oil consumption. The study also aimed to investigate whether these phenolic compounds could be used as biomarkers of virgin olive oil intake. Ingestion of a single dose of virgin olive oil (50 ml). Thereafter, for a week, participants followed their usual diet which included 25 ml/day of the same virgin olive oil as the source of raw fat. Unitat de Recerca en Farmacologia. Institut Municipal d'Investigació Mèdica (IMIM). Seven healthy volunteers. An increase in 24 h urine of tyrosol and hydroxytyrosol, after both a single-dose ingestion (50 ml) and short-term consumption (one week, 25 ml/day) of virgin olive oil (P<0.05) was observed. Urinary recoveries for tyrosol were similar after a single dose and after sustained doses of virgin olive oil. Mean recovery values for hydroxytyrosol after sustained doses were 1.5-fold those obtained after a single 50 ml dose. Tyrosol and hydroxytyrosol are absorbed from realistic doses of virgin olive oil. With regard to the dose-effect relationship, 24 h urinary tyrosol seems to be a better biomarker of sustained and moderate doses of virgin olive oil consumption than hydroxytyrosol.

  15. An Evaluation of Holistic Sustainability Assessment Framework for Palm Oil Production in Malaysia

    OpenAIRE

    Chye Ing Lim; Wahidul Biswas

    2015-01-01

    Palm oil based biodiesel offers an alternative energy source that can reduce current dependence on conventional fossil fuels and may reduce greenhouse gas (GHG) emissions depending on the type of feedstock and processes used. In the Malaysian context, the palm oil industry not only provides high-yield, renewable feedstock to the world, it brings socio-economic development to the Malaysian rural community and contributes to the national income. However, the sustainability of palm oil remains c...

  16. Properties and Sustainability of Biodiesel from Animal Fats and Fish Oil

    OpenAIRE

    Mata, Teresa M.; Mendes, Adélio M.; Caetano, Nídia Sá; Martins, António A.

    2014-01-01

    This work presents and analyses the fat and fuel properties and the methyl ester profile of biodiesel from animal fats and fish oil (beef tallow, pork lard, chicken fat and sardine oil). Also, their sustainability is evaluated in comparison with rapeseed biodiesel and fossil diesel, currently the dominant liquid fuels for transportation in Europe. Results show that from a technological point of view it is possible to use animal fats and fish oil as feedstock for biodiesel producti...

  17. The Politics of Environmental Certification Surrounding the Indonesia’s Palm Oil Industry: Emergence of the Indonesian Sustainable Palm Oil (ISPO)

    OpenAIRE

    DONNY TAMTAMA

    2018-01-01

    This thesis analyses the emergence of environmental governance in palm oil sector in Indonesia, the world’s largest producer. Focusing on the establishment of Indonesian Sustainable Palm Oil (ISPO) in 2011, this study is the first systematic examination of Indonesian palm oil producers and regulators to the emergence and increasing influence of the Roundtable on Sustainable Palm Oil (RSPO). Indonesian producers’ perceptions, attitudes and actions are analysed within a unique theoretical and c...

  18. Positive and Negative Impacts of Oil Palm Expansion in Indonesia and the Prospect to Achieve Sustainable Palm Oil

    Science.gov (United States)

    Shahputra, M. A.; Zen, Z.

    2018-02-01

    The aim of the study is to deepen understanding the role of palm oil on Indonesian economy, poverty elevation and to investigate the positive and negative impacts of oil palm expansion, due to the burden of GHG emissions; and prospect to be more sustainable palm oil industry. The statistics show that average rural poverty tends to be lower and Gross Regional Product tends to be higher in provinces which have greater levels of oil palm cultivation. Indonesian oil palm will grow from 10.6 in 2013 to 13.7 million ha by 2020. This will release 135.59 million tons of CO2 if nothing is done to mitigate BAU emissions. Unless there are sustained efforts to redirect development and expansion of oil palm, plantation growth will continue to encroach on intact forest and peat land.. In fact Indonesia has large areas of degraded land, an estimated total 19,144,000 ha is available for planting oil palm and other crops. A large-scale expansion program driven by estate companies needs to be accompanied by effective smallholder development program in order to achieve the best outcome for local farmers and avoid the conflicts.

  19. Roundtable on Sustainable Palm Oil – RSPO. The second RSPO meeting in Jakarta in October 2004

    Directory of Open Access Journals (Sweden)

    Omont Hubert

    2005-03-01

    Full Text Available In a context of discord between producers and environmental conservationists, RSPO is an initiative by stakeholders in the “Oil Palm” commodity chain to promote sustainable palm oil production. RSPO, using a multiple-stakeholder process, based its approach on drawing up a set of credible criteria that define the sustainability of palm oil production and which are acceptable to the different categories of stakeholders. The purpose of the second meeting (RT2 was to: i propose a platform for exchanging views and experience between stakeholders from industrialized and emergent countries, to seek a clear definition of the “sustainable palm oil” concept; ii identify practical projects for facilitating the implementation of good practices and for proceeding with their introduction; and: iii strengthen cooperation and mutual assistance between stakeholders and international agencies to promote the production and use of “sustainable palm oil”.

  20. Questioning the sustainable palm oil demand: case study from French-Indonesia supply chain

    Science.gov (United States)

    Chalil, D.; Barus, R.

    2018-02-01

    Sustainable palm oil has been widely debated. Consuming countries insist certified sustainable produces palm oil, but in fact the absorption of the certified palm oil is still less than 60%. This raise questions about the sustainable palm oil demand. In this study, such a condition will be analysed in French-Indonesia supply chain case. Using monthly and quarterly data from 2010 to 2016 with Autoregressive Distributed Lag (ARDL) approach and Error Correction Model, demand influencing factors and price integration in each market of the supply chain is estimated. Two scenarios namely re-export and direct export models are considered in the Error Correction Model. The results show that France Gross Domestic Product, prices of France palm oil import from Indonesia, Malaysia, and Germany, and price of France groundnut import significantly influence the France palm oil import volume from Indonesia. Prices in each market along palm oil re-export France-Indonesia supply chain are co-integrated and converge towards long-run equilibrium, but not in the direct export supply chain. This leads to a conclusion that France market preferences in specific and EU market preferences in general need to be considered by Indonesian palm oil decision makers.

  1. Nevada state revenues analysis

    International Nuclear Information System (INIS)

    1988-06-01

    This report analyzes the major sources of revenue to the Nevada State General Fund for purposes of estimating impacts associated with the siting of a nuclear waste repository at Yucca Mountain in Nye County, Nevada. Each major revenue source is analyzed to identify relationships among the economic or demographic base, the revenue base, and the revenues generated. Trends and changes in the rates and/or base are highlighted. A model is developed for each revenue source to allow impact estimation

  2. Plant Oil-Derived Epoxy Polymers toward Sustainable Biobased Thermosets.

    Science.gov (United States)

    Wang, Zhongkai; Yuan, Liang; Ganewatta, Mitra S; Lamm, Meghan E; Rahman, Md Anisur; Wang, Jifu; Liu, Shengquan; Tang, Chuanbing

    2017-06-01

    Epoxy polymers (EPs) derived from soybean oil with varied chemical structures are synthesized. These polymers are then cured with anhydrides to yield soybean-oil-derived epoxy thermosets. The curing kinetic, thermal, and mechanical properties are well characterized. Due to the high epoxide functionality per epoxy polymer chain, these thermosets exhibit tensile strength over an order of magnitude higher than a control formulation with epoxidized soybean oil. More importantly, thermosetting materials ranging from soft elastomers to tough thermosets can be obtained simply by using different EPs and/or by controlling feed ratios of EPs to anhydrides. © 2017 WILEY-VCH Verlag GmbH & Co. KGaA, Weinheim.

  3. Striving for sustainable development in the oil and gas sector

    International Nuclear Information System (INIS)

    Miller, Bill; White, Gary

    2005-01-01

    The article discusses various global aspects of a sustainable development in the petroleum industry. Asset, risk and resource management, resource regeneration and climate change aspects are considered

  4. Achieving Revenue Benchmarks Conditional on Growth Properties

    Directory of Open Access Journals (Sweden)

    Dong Hyun Son

    2017-05-01

    Full Text Available This study examines whether certain firm characteristics, specifically growth properties, are associated with the likelihood of achieving market expectations for revenues, as well as which mechanism (revenue manipulation or expectation management growth firms utilize in order to avoid missing these expectations. The results show that growth firms are more likely to meet or exceed analyst revenue forecasts than non-growth firms. We also find that growth firms are more inclined to manipulate their reported revenues upwards, and less inclined to guide market expectations for revenues downward, in order to meet or beat expected revenues relative to non-growth firms. These findings suggest that window-dressing activities by growth firms may not be sustainable in the long-run and can misguide users of financial statements in their decision-making.

  5. Telecoupled governance of land use change: Sustainable palm oil conservation benefits limited by preferential certification

    Science.gov (United States)

    Heilmayr, R.; Carlson, K. M.; Gibbs, H.; Noojipady, P.; Burns, D.; Morton, D. C.; Walker, N.; Paoli, G.; Kremen, C.

    2016-12-01

    Dozens of trans-national corporations have made public commitments to purchase only zero-deforestation palm oil, a commodity responsible for substantial tropical forest loss. Eco-certification is a basic requirement of most such forest-related procurement policies, and >20% of palm oil was certified in 2015.While the impact of certification on deforestation in oil palm plantations has never been tested, such evaluation is critical to inform improvements of voluntary sustainability initiatives. Here, we use a new, comprehensive data set of Roundtable on Sustainable Palm Oil (RSPO) certified and non-certified oil palm plantation boundaries (191,561 km2) in Indonesia, the leading global producer of palm oil to generate robust spatio-temporal estimates of certification's impact on deforestation and fires from 2000-2014. We find that certification reduced forest cover loss embodied in RSPO certified palm oil through two mechanisms. Certification had a significant protective effect, which lowered plantation deforestation rates by 29%.However, due to preferential certification of plantations developed before 2000, little forest was available for protection; forest area conserved totaled 56±4.9 km2. Our models suggest that increased adoption of RSPO certification may reduce the ability of palm oil companies to selectively certify previously cleared regions, and consequently strengthen the role of certification in protecting the tropical forests at greatest risk from agricultural encroachment. We reflect upon the complex interactions between traditional government policies, and emerging market-based governance structures in this telecoupled system.

  6. The Implementation of Principles of Sustainable Development in Ukrainian Oil and Fat Enterprises

    Directory of Open Access Journals (Sweden)

    Beskupska Olena V.

    2017-12-01

    Full Text Available Three main components of the concept of sustainable development are analyzed: economic development, social inclusion and environmental conditions. The expediency of introducing the principles of sustainable development in enterprises of the fat and oil industry is grounded. The state of Ukraine’s agriculture is studied, and its influence on the depletion of natural resources is determined. The evolution of the development of the oil and fat industry, its current state and role for the economy of Ukraine are considered. It is found that for successful functioning of the principles of sustainable development, enterprises of the oil and fat industry need to introduce an export duty for the export of rapeseeds and soybeans, a more stringent control of incoming raw materials and international certification of the enterprises. Recommendations are given on the development of innovation activity, attraction of investments and new approaches in logistics.`

  7. Beyond sustainability criteria and principles in palm oil production: addressing consumer concerns through insetting

    OpenAIRE

    Faisal M. Mohd Noor; Anja Gassner; Anne Terheggen; Philip Dobie

    2017-01-01

    Palm oil is one of the most controversial agricultural commodities of our time. To its supporters, it is the golden crop that catalyzes smallholders out of poverty and brings salvation to the global food and energy crisis. For its critics, it is the single biggest threat driving the wholesale destruction of peatlands and rainforests as well as adding to greenhouse gas emissions. Hailed as a turning point in 2004, the Roundtable on Sustainable Palm Oil (RSPO) has been widely criticized as bein...

  8. Jackson Revenue Budget

    Data.gov (United States)

    City of Jackson, Mississippi — This dataset shows the City of Jackson's FY2017 revenue budget, revenue collected to date, and the balance remaining to be collected. The data can be broken down by...

  9. Evaluating Sustainability: Soap versus Biodiesel Production from Plant Oils

    Science.gov (United States)

    Pohl, Nicola L. B.; Streff, Jennifer M.; Brokman, Steve

    2012-01-01

    Herein we describe a series of experiments for the undergraduate organic laboratory curriculum in which various plant oils (soybean, rapeseed, and olive) are subjected to saponification and transesterification reactions to create a set of compounds that can function as soaps or as fuels. The experiments introduce students to and asks them to…

  10. Improving environmental sustainability of palm oil production in Thailand

    NARCIS (Netherlands)

    Saswattecha, Kanokwam

    2017-01-01

    Demand for palm oil in Thailand has increased as a result of Thai policies promoting the use of biodiesel. This increased demand results in negative effects on ecosystem services and increases environment pollution. Most existing studies focus on global warming impact alone, while other

  11. Breaking the link between environmental degradation and oil palm expansion: a method for enabling sustainable oil palm expansion.

    Science.gov (United States)

    Harmen Smit, Hans; Meijaard, Erik; van der Laan, Carina; Mantel, Stephan; Budiman, Arif; Verweij, Pita

    2013-01-01

    Land degradation is a global concern. In tropical areas it primarily concerns the conversion of forest into non-forest lands and the associated losses of environmental services. Defining such degradation is not straightforward hampering effective reduction in degradation and use of already degraded lands for more productive purposes. To facilitate the processes of avoided degradation and land rehabilitation, we have developed a methodology in which we have used international environmental and social sustainability standards to determine the suitability of lands for sustainable agricultural expansion. The method was developed and tested in one of the frontiers of agricultural expansion, West Kalimantan province in Indonesia. The focus was on oil palm expansion, which is considered as a major driver for deforestation in tropical regions globally. The results suggest that substantial changes in current land-use planning are necessary for most new plantations to comply with international sustainability standards. Through visualizing options for sustainable expansion with our methodology, we demonstrate that the link between oil palm expansion and degradation can be broken. Application of the methodology with criteria and thresholds similar to ours could help the Indonesian government and the industry to achieve its pro-growth, pro-job, pro-poor and pro-environment development goals. For sustainable agricultural production, context specific guidance has to be developed in areas suitable for expansion. Our methodology can serve as a template for designing such commodity and country specific tools and deliver such guidance.

  12. Breaking the link between environmental degradation and oil palm expansion: a method for enabling sustainable oil palm expansion.

    Directory of Open Access Journals (Sweden)

    Hans Harmen Smit

    Full Text Available Land degradation is a global concern. In tropical areas it primarily concerns the conversion of forest into non-forest lands and the associated losses of environmental services. Defining such degradation is not straightforward hampering effective reduction in degradation and use of already degraded lands for more productive purposes. To facilitate the processes of avoided degradation and land rehabilitation, we have developed a methodology in which we have used international environmental and social sustainability standards to determine the suitability of lands for sustainable agricultural expansion. The method was developed and tested in one of the frontiers of agricultural expansion, West Kalimantan province in Indonesia. The focus was on oil palm expansion, which is considered as a major driver for deforestation in tropical regions globally. The results suggest that substantial changes in current land-use planning are necessary for most new plantations to comply with international sustainability standards. Through visualizing options for sustainable expansion with our methodology, we demonstrate that the link between oil palm expansion and degradation can be broken. Application of the methodology with criteria and thresholds similar to ours could help the Indonesian government and the industry to achieve its pro-growth, pro-job, pro-poor and pro-environment development goals. For sustainable agricultural production, context specific guidance has to be developed in areas suitable for expansion. Our methodology can serve as a template for designing such commodity and country specific tools and deliver such guidance.

  13. Areva - 2013 revenue of euro 9.3 bn thanks to sustained level of activity. Organic growth in the nuclear operations: + 7%, above our financial outlook. Backlog of euro 41.6 bn

    International Nuclear Information System (INIS)

    Duperray, Julien; Berezowskyj, Katherine; Grange, Aurelie; Rosso, Jerome; Thebault, Alexandre; Scorbiac, Marie de; Repaire, Philippine du

    2014-01-01

    Two years after Fukushima, AREVA's level of activity was especially strong in 2013. The group outperformed its revenue outlook for nuclear operations with an organic growth of 7.1%. With more than 9 billion euros, the group's revenue benefited from the robustness of the recurring activities and from temporary elements, such as exceptionally high uranium sales. This growth demonstrates the resilience of Areva's end market, despite unfavourable current conditions, and the efficient match between its commercial offers and customers' expectations. Capitalizing on this dynamic, the group will continue its recovery in order to sustainably self-finance its capital expenditures. After the announcement on January 20, 2014 of exclusive negotiations with Gamesa for the creation of a joint company in the offshore wind field (50% AREVA, 50% Gamesa), and in accordance with IFRS 5 accounting standard, revenue generated by the Wind Energy business is not included in group revenue for 2012 and 2013 and the result of this business will be presented on a separate line, 'net income from discontinued operations' in the 2013 financial statements. In 2013, AREVA had consolidated revenue of 9.303 billion euros, an increase of 3.8% (+6.3% like for like) compared with 2012 benefiting from strong organic growth in the nuclear operations: - Revenue in the nuclear operations was 9.042 billion euros in 2013, compared with 8.633 billion euros in 2012, a 7.1% increase (+4.7% on a reported basis). Revenue was led by the Mining BG (+40.6% like for like) and the Front End BG (+7.5% like for like), offsetting the expected business downturn in the Reactors and Services BG (-1.5% like for like). Revenue was stable in the Back End BG (-0.6% like for like). - The Renewable Energies BG had 132 million euros in revenue, down from 2012 (-24.7% like for like). - Foreign exchange had a negative impact of 101 million euros, while the change in consolidation scope and accounting methods had a negative impact of

  14. Strategic environmental assessment for sustainable expansion of palm oil biofuels in Brazilian north region

    Energy Technology Data Exchange (ETDEWEB)

    Carvalho, Carolina

    2010-09-15

    Biofuels development in Brazil is a key factor for the environment and sustainable development of the country. Brazil has great potential of available areas and has favourable climate and geography for biofuel production, such as palm oil, soy, sugar cane, etc. This research aims to evaluate palm oil production and expansion in Para state, in the north of Brazil and also Amazonian territory. Degraded land will be evaluated through remote sensing, because palm oil crops should be placed in these lands, and secondly, expansion scenarios would be created. This PhD research will be a decision support tool for public policies.

  15. Esso Imperial Oil annual report to shareholders 2003 : sustaining growth in shareholder value

    International Nuclear Information System (INIS)

    2004-01-01

    Financial information from Esso Imperial Oil, one of Canada's largest producers of crude oil and natural gas, was presented and a review of their 2003 operations was made available for the benefit of shareholders. In 2003, the total return on Imperial shares including capital appreciation and dividends was more than 30 per cent (TSX), and about 58 per cent (AMEX). In the past decade, the total return on Imperial's shares has averaged more than 18 per cent per year. Dividend payments have been paid every year for more than a century, and regular dividend payments have increased in each of the past 9 years. Since 1995, nearly 220 million shares have been purchased, reducing the number of outstanding shares by 38 per cent, representing a total distribution to shareholders of about $6 billion over this period. Major projects in natural resources have included expansion at Syncrude, increased production at Cold Lake, progress in the project to develop natural gas resources in the Mackenzie Delta, and plans to develop Kearl oil sands properties near Fort McMurray, Alberta. There were also promising exploration opportunities off Canada's east coast. Employee safety performance in 2003 was the best on record. This report summarized the company's energy resource activities and presented an operations review as well as consolidated financial statements, and common share information. This included the accounts of Imperial Oil Inc. and its subsidiaries and the company's proportionate share of the assets, liabilities, revenues, expenses and cash flows of joint ventures. Revenue and expenditure statements were summarized by source. tabs., figs

  16. Economics of oil discovery in west Africa: the Nigerian experience ...

    African Journals Online (AJOL)

    The discovery of oil in West Africa has therefore become a resource curse rather than a blessing. Many have come to realize that the lack of effective and prudent management of oil revenue for sustained socio-economic development and improved quality of living is the prime factor for the resource curse. In this regard, this ...

  17. Regional sustainable development strategy for the Athabasca Oil Sands area

    International Nuclear Information System (INIS)

    1999-07-01

    The Regional Sustainable Development Strategy (RSDS) provides a framework for balancing development with environmental protection. This provisional direction for sustainable resource management was confirmed in a March 1999 policy document. It is as follows: the use of Alberta's natural resources shall be sustainable, the management of Alberta's natural resources shall support and promote the Alberta economy, Alberta's environment shall be protected, resources shall be managed on an integrated basis, and Alberta's natural resources shall be managed for multiple benefits. The focus of the RSDS is to address the need to balance resource development and environmental protection. The report covers: an overview, the Regional Sustainable Development Strategy and the RSDS management model. Blueprints for action concerning the impacts of oilsands development are provided under 14 themes, including 1) cumulative impacts on wildlife, fish habitat and populations, surface and groundwater quality and 2) human health effects of air emissions and effects of air emissions on wildlife and vegetation. The RSDS will apply provincial and federal policy, legislation, standards and programs in a regional context, including principles in the Canadian Council of Ministers of the Environment (CCME) Harmonization Accord

  18. Effect of oil palm sustainability certification on deforestation and fire in Indonesia.

    Science.gov (United States)

    Carlson, Kimberly M; Heilmayr, Robert; Gibbs, Holly K; Noojipady, Praveen; Burns, David N; Morton, Douglas C; Walker, Nathalie F; Paoli, Gary D; Kremen, Claire

    2018-01-02

    Many major corporations and countries have made commitments to purchase or produce only "sustainable" palm oil, a commodity responsible for substantial tropical forest loss. Sustainability certification is the tool most used to fulfill these procurement policies, and around 20% of global palm oil production was certified by the Roundtable on Sustainable Palm Oil (RSPO) in 2017. However, the effect of certification on deforestation in oil palm plantations remains unclear. Here, we use a comprehensive dataset of RSPO-certified and noncertified oil palm plantations (∼188,000 km 2 ) in Indonesia, the leading producer of palm oil, as well as annual remotely sensed metrics of tree cover loss and fire occurrence, to evaluate the impact of certification on deforestation and fire from 2001 to 2015. While forest loss and fire continued after RSPO certification, certified palm oil was associated with reduced deforestation. Certification lowered deforestation by 33% from a counterfactual of 9.8 to 6.6% y -1 Nevertheless, most plantations contained little residual forest when they received certification. As a result, by 2015, certified areas held less than 1% of forests remaining within Indonesian oil palm plantations. Moreover, certification had no causal impact on forest loss in peatlands or active fire detection rates. Broader adoption of certification in forested regions, strict requirements to avoid all peat, and routine monitoring of clearly defined forest cover loss in certified and RSPO member-held plantations appear necessary if the RSPO is to yield conservation and climate benefits from reductions in tropical deforestation. Copyright © 2017 the Author(s). Published by PNAS.

  19. The role of leguminous cover crops in sustainable production of oil ...

    African Journals Online (AJOL)

    Leguminous cover crops have the potential for obtaining high and sustainable crop yields. They have been shown to play an important role in weed suppression, nutrition, growth and yield of oil palm. They also play an important role in soil erosion control and soil moisture conservation in plantations. The development of ...

  20. Gender Role in Sustainable Palm Oil Production in Imo State, Nigeria

    African Journals Online (AJOL)

    The paper explored gender role in sustainable palm oil production in selected communities of Imo State. Multistage sampling technique was used to select 60 respondents for the study. Data were collected using interview schedule and analyzed using mean score and percentage. The estimated average monthly income of ...

  1. Sustainable management in crop monocultures: the impact of retaining forest on oil palm yield.

    Science.gov (United States)

    Edwards, Felicity A; Edwards, David P; Sloan, Sean; Hamer, Keith C

    2014-01-01

    Tropical agriculture is expanding rapidly at the expense of forest, driving a global extinction crisis. How to create agricultural landscapes that minimise the clearance of forest and maximise sustainability is thus a key issue. One possibility is protecting natural forest within or adjacent to crop monocultures to harness important ecosystem services provided by biodiversity spill-over that may facilitate production. Yet this contrasts with the conflicting potential that the retention of forest exports dis-services, such as agricultural pests. We focus on oil palm and obtained yields from 499 plantation parcels spanning a total of ≈23,000 ha of oil palm plantation in Sabah, Malaysian Borneo. We investigate the relationship between the extent and proximity of both contiguous and fragmented dipterocarp forest cover and oil palm yield, controlling for variation in oil palm age and for environmental heterogeneity by incorporating proximity to non-native forestry plantations, other oil palm plantations, and large rivers, elevation and soil type in our models. The extent of forest cover and proximity to dipterocarp forest were not significant predictors of oil palm yield. Similarly, proximity to large rivers and other oil palm plantations, as well as soil type had no significant effect. Instead, lower elevation and closer proximity to forestry plantations had significant positive impacts on oil palm yield. These findings suggest that if dipterocarp forests are exporting ecosystem service benefits or ecosystem dis-services, that the net effect on yield is neutral. There is thus no evidence to support arguments that forest should be retained within or adjacent to oil palm monocultures for the provision of ecosystem services that benefit yield. We urge for more nuanced assessments of the impacts of forest and biodiversity on yields in crop monocultures to better understand their role in sustainable agriculture.

  2. Sustainable management in crop monocultures: the impact of retaining forest on oil palm yield.

    Directory of Open Access Journals (Sweden)

    Felicity A Edwards

    Full Text Available Tropical agriculture is expanding rapidly at the expense of forest, driving a global extinction crisis. How to create agricultural landscapes that minimise the clearance of forest and maximise sustainability is thus a key issue. One possibility is protecting natural forest within or adjacent to crop monocultures to harness important ecosystem services provided by biodiversity spill-over that may facilitate production. Yet this contrasts with the conflicting potential that the retention of forest exports dis-services, such as agricultural pests. We focus on oil palm and obtained yields from 499 plantation parcels spanning a total of ≈23,000 ha of oil palm plantation in Sabah, Malaysian Borneo. We investigate the relationship between the extent and proximity of both contiguous and fragmented dipterocarp forest cover and oil palm yield, controlling for variation in oil palm age and for environmental heterogeneity by incorporating proximity to non-native forestry plantations, other oil palm plantations, and large rivers, elevation and soil type in our models. The extent of forest cover and proximity to dipterocarp forest were not significant predictors of oil palm yield. Similarly, proximity to large rivers and other oil palm plantations, as well as soil type had no significant effect. Instead, lower elevation and closer proximity to forestry plantations had significant positive impacts on oil palm yield. These findings suggest that if dipterocarp forests are exporting ecosystem service benefits or ecosystem dis-services, that the net effect on yield is neutral. There is thus no evidence to support arguments that forest should be retained within or adjacent to oil palm monocultures for the provision of ecosystem services that benefit yield. We urge for more nuanced assessments of the impacts of forest and biodiversity on yields in crop monocultures to better understand their role in sustainable agriculture.

  3. Malaysian palm oil. Surviving the food versus fuel dispute for a sustainable future

    International Nuclear Information System (INIS)

    Lam, Man Kee; Tan, Kok Tat; Lee, Keat Teong; Mohamed, Abdul Rahman

    2009-01-01

    For the past few decades, palm oil has gone through a revolution that few would have predicted. From a humble source of edible oil that was heavily criticized as being un-healthy and un-fit for human consumption, it has proven itself based on scientific findings that it is indeed one of the most nutritious edible oils in the world. Besides, palm oil, the cheapest vegetable oil in the market has diversified as one of the main feedstock for oleo-chemical industries. Recently, with the price of crude petroleum hitting records height every other day, palm oil has become one of the few feasible sources for biodiesel, a renewable substitute for petroleum-derived diesel. Nevertheless, the conversion of palm oil into biodiesel has again received criticism from various NGOs worldwide, mainly on extinction of orang utans, deforestation and particularly the food versus fuel dispute. It was claimed that the conversion of food crops to fuel would significantly increase the number of undernourished people in the world. Malaysia, being the world second largest producer of palm oil, is not spared from this criticism. On the contrary, in the present study it was found that palm oil is indeed the most economical and sustainable source of food and biofuel in the world market. Besides, it was shown that it has the capacity to fulfill both demands simultaneously rather than engaging in priority debate. Nevertheless, fuel is now a necessity rather than a luxury for economy and development purposes. A few strategies will then be presented on how palm oil can survive in this feud and emerged as the main supply of affordable and healthy source of edible oil while concurrently satisfying the market demand for biodiesel throughout the world. (author)

  4. Beyond sustainability criteria and principles in palm oil production: addressing consumer concerns through insetting

    Directory of Open Access Journals (Sweden)

    Faisal M. Mohd Noor

    2017-06-01

    Full Text Available Palm oil is one of the most controversial agricultural commodities of our time. To its supporters, it is the golden crop that catalyzes smallholders out of poverty and brings salvation to the global food and energy crisis. For its critics, it is the single biggest threat driving the wholesale destruction of peatlands and rainforests as well as adding to greenhouse gas emissions. Hailed as a turning point in 2004, the Roundtable on Sustainable Palm Oil (RSPO has been widely criticized as being unable to change the industry fast enough. We argue that certification, although certainly important, will not be able to deliver expected environmental and social benefits because of (1 an uneven distribution of incentives along the value chain, (2 traceability issues, (3 difficulties associated with an expanding market, and (4 alternative low standard markets to the standard large Organisation for Economic Co-operation and Development (OECD markets. We argue that the sustainability debate has actually failed to address the fact that oil palm landscape as a whole would be more sustainable if smallholders for whom palm oil is not an economic viable avenue would engage in other forms of land use. An important starting point for change is to move beyond narrow business interests of satisfying customers and shareholders interests only and tackle the implicit contract between palm oil marketers and importers and the smallholder agricultural communities in palm oil producing areas. We introduce the concept of livelihood "insetting" that goes beyond the pure sustainability aspect by also addressing the issue of mutuality along the global value chain.

  5. Stearic sunflower oil as a sustainable and healthy alternative to palm oil : A review

    OpenAIRE

    Sanyal, Anushree; Merrien, Andre; Decocq, Guillaume; Fine, Frederic

    2017-01-01

    Palm oil is widely used in the food industry because of its lower cost, high oxidative stability index, long shelf-life, and a reasonable replacement of trans fats. However, increased palm oil production reduces biodiversity, damages the ecosystem, and poses health risks to humans. Unsustainable development of palm plantations has caused deforestation and loss of natural habitat, rendering many species (Sumatran orangutans, elephants, and tigers) critically endangered. Similarly, decompositio...

  6. Effect of oil palm sustainability certification on deforestation and fire in Indonesia

    Science.gov (United States)

    Gibbs, Holly K.; Noojipady, Praveen; Burns, David N.; Morton, Douglas C.; Walker, Nathalie F.; Paoli, Gary D.; Kremen, Claire

    2018-01-01

    Many major corporations and countries have made commitments to purchase or produce only “sustainable” palm oil, a commodity responsible for substantial tropical forest loss. Sustainability certification is the tool most used to fulfill these procurement policies, and around 20% of global palm oil production was certified by the Roundtable on Sustainable Palm Oil (RSPO) in 2017. However, the effect of certification on deforestation in oil palm plantations remains unclear. Here, we use a comprehensive dataset of RSPO-certified and noncertified oil palm plantations (∼188,000 km2) in Indonesia, the leading producer of palm oil, as well as annual remotely sensed metrics of tree cover loss and fire occurrence, to evaluate the impact of certification on deforestation and fire from 2001 to 2015. While forest loss and fire continued after RSPO certification, certified palm oil was associated with reduced deforestation. Certification lowered deforestation by 33% from a counterfactual of 9.8 to 6.6% y−1. Nevertheless, most plantations contained little residual forest when they received certification. As a result, by 2015, certified areas held less than 1% of forests remaining within Indonesian oil palm plantations. Moreover, certification had no causal impact on forest loss in peatlands or active fire detection rates. Broader adoption of certification in forested regions, strict requirements to avoid all peat, and routine monitoring of clearly defined forest cover loss in certified and RSPO member-held plantations appear necessary if the RSPO is to yield conservation and climate benefits from reductions in tropical deforestation. PMID:29229857

  7. Sustainable development and the oil and gas industry. A tense relationship?

    Energy Technology Data Exchange (ETDEWEB)

    Harkink, E.

    2003-12-01

    The behaviour of a multinational company stems from strategic considerations. With the globalisation of our economy and society as a whole, information became easier retrievable. Companies had to expand their organisational scope. Consequently, the pressure on companies to act responsibly mounted over the years. Companies have gradually come to realise that they have to fulfil a societal duty and started a slow move towards sustainability. This pressure is particularly high on the international oil and gas companies that provide the whole world with energy. Corporate sustainable development can only be realised when every organisational activity takes notice of the demands of the concept. To comply with these demands a company needs to meet the needs of the present generation without compromising the ability of future generations to meet theirs. Sustainable development requires a company to take its economic, environmental and social responsibilities seriously. This paper assesses the attitude of 26 international oil and gas companies with respect to sustainable development. For this purpose, an attitude test model was developed that qualifies the companies' level of sustainability along 5 predefined levels. Increased sustainability is related to better care for the companies' impact. The companies' annual reports of the year 2000 were used as main source of information. On average the industry reached an overall sustainability score of 2.84. This score represents an attitude that goes beyond compliance, but has not yet reached the level of pro-activeness. The companies' attitude towards the environment is worse, with an average score of 2.56. Most companies do not take it much further than is needed to secure their licence to operate. In comparison, West-European companies have the best attitude towards sustainable development, followed by Canada, America, Australia and Russia. The influence of home country characteristics is statistically

  8. Sustainable Development Strategy for Improving the Competitiveness of Oil Palm Industry

    Directory of Open Access Journals (Sweden)

    Bambang Aria Wisena

    2014-04-01

    Full Text Available In the Oil World 2014 report, Indonesia is the world’s largest palm oil producer with production of 28 million tons in 2014. Due to increasing market demand for palm oil, environmental and social issues are becoming more essential. This situation requiring a strategy and a policy that is able to balance between the increases of the economic benefits of production while the environmental and social impacts should be minimized. This study aims to identify and describe strategies and policies related to the development of the oil palm industry and its implementation at some companies in Indonesia and to identify factors affecting the competitiveness of the oil palm industry. This study uses ISM (Interpretive Structural Modeling analytic method with the panel experts of oil palm industry stakeholders from the corporate, government, association, environmental NGOs and academia as respondentts. The results show that the strategy is carried out on the development of a sustainable oil palm industry should increase the attention to the environmental and social aspects with regard to economic aspects. Factors of social, environment, and law enforcement by the government are the most important factors of the strategies.

  9. airline revenue management

    OpenAIRE

    Pak, K.; Piersma, Nanda

    2002-01-01

    textabstractWith the increasing interest in decision support systems and the continuous advance of computer science, revenue management is a discipline which has received a great deal of interest in recent years. Although revenue management has seen many new applications throughout the years, the main focus of research continues to be the airline industry. Ever since Littlewood (1972) first proposed a solution method for the airline revenue management problem, a variety of solution methods ha...

  10. Lipid composition - Sustainable aquafeeds for marine finfish: Effects of vegetable oil replacement feeds containing novel microalgal and fungal oils on growth performance of juvenile sablefish

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — The concomitant replacement of fish meal and fish oil in carnivorous marine fish feeds by more sustainable terrestrial alternatives is problematic due to the limited...

  11. Growth - Sustainable aquafeeds for marine finfish: Effects of vegetable oil replacement feeds containing novel microalgal and fungal oils on growth performance of juvenile sablefish

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — The concomitant replacement of fish meal and fish oil in carnivorous marine fish feeds by more sustainable terrestrial alternatives is problematic due to the limited...

  12. Chemical composition - Sustainable aquafeeds for marine finfish: Effects of vegetable oil replacement feeds containing novel microalgal and fungal oils on growth performance of juvenile sablefish

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — The concomitant replacement of fish meal and fish oil in carnivorous marine fish feeds by more sustainable terrestrial alternatives is problematic due to the limited...

  13. Philippines - Revenue Administration Reform

    Data.gov (United States)

    Millennium Challenge Corporation — The Millennium Challenge Account-Philippines' (MCA-P) implementation of the Revenue Administration Reform Project (RARP) is expected to improve tax administration,...

  14. Tribological evaluation of hexagonal boron nitride in modified jatropha oil as sustainable metalworking fluid

    Science.gov (United States)

    Talib, Norfazillah; Rahim, Erween Abd.; Nasir, Ramdziah Md.

    2017-11-01

    The used of metalworking fluids (MWFs) from petroleum-based oil during machining process contributed negative impact to the humans and environment. Therefore, bio-based oil from vegetable oil was recently explored as an alternative solution to petroleum-based oil to implement sustainable manufacturing process. In this study, modified jatropha oil (MJO5) with and without hexagonal boron nitride (hBN) particles were evaluated through friction and wear test and orthogonal cutting performance in comparison with synthetic ester (SE). MJO5 were mixed with hBN particles at various concentrations (i.e. 0.05, 0.1 and 0.5wt.%). Experimental results showed that the addition of 0.05wt.% of hBN particles in MJO5 (MJO5a) provided lowest coefficient of friction (COF) and smallest wear scar diameter (WSD). MJO5a has the best anti-friction ability by reducing the cutting force and cutting temperature which related to the formation of thinner chips and small tool-chip contact length. MJO5a is the best substitute to SE as sustainable MWFs in the machining operation in regards to the environmental and health concern.

  15. Subsidy modes, waste cooking oil and biofuel: Policy effectiveness and sustainable supply chains in China

    International Nuclear Information System (INIS)

    Zhang, Huiming; Li, Lianshui; Zhou, Peng; Hou, Jianmin; Qiu, Yueming

    2014-01-01

    Many countries are concerned with the waste-to-energy for economic development and societal welfare. This paper constructs a dynamic game model that, for the first time compares the incentive effects of four common subsidy modes on waste cooking oil supply for biofuel refining and sales of waste cooking oil refined products. The model considers the impact of preferential tax treatment, a raw material subsidy, a sales subsidy and an investment subsidy on the profits of biofuel enterprises and waste cooking oil recyclers. Results indicate that common approaches adopted in developed economies such as raw material price subsidies and finished products sales subsidies increase the profits of both biofuel enterprises and recyclers. On the contrary, investment subsidies, which are relatively common in some regions of China, increase the profits of recyclers, while reducing revenues achieved by biofuel enterprises. To promote the supply chain, policy should give priority to raw material price subsidies and finished products sales subsidies, and for investment subsidies, however, the government should be cautious

  16. In situ thermal polymerisation of natural oils as novel sustainable approach in nanographite particle production

    Science.gov (United States)

    Datsyuk, Vitaliy; Trotsenko, Svitlana; Reich, Stephanie

    2018-01-01

    A sustainable approach to graphite exfoliation via in situ thermal polymerization of fish oil results in the production of nanographite particles. The material was characterized by elemental analysis, transmission electron microscopy, and Raman spectroscopy. The thermal polymerization of fish oil was controlled by monitoring the viscosity and measuring the iodine number. The number of structural defects on the graphitic surface remained constant during the synthesis. The protocol leads to a hydrophobization of the nanographite surface. Immobilized polyoil islands create sterical hindrance and stabilize the nanographite particles in engineering polymers.

  17. Technology transfer to US oil producers: A policy tool to sustain or increase oil production

    Energy Technology Data Exchange (ETDEWEB)

    Dowd, W. T.

    1990-03-01

    The Department of Energy provided the Interstate Oil Compact Commission with a grant to identify and evaluate existing technology transfer channels to operators, to devise and test improvements or new technology transfer channels and to make recommendations as to how the Department of Energy's oil and gas technology transfer methods could be improved. The IOCC conducted this effort in a series of four tasks: a structural analysis to characterize the oil producing industry according to operator production size class, geographic location, awareness and use of reservoir management technologies, and strategies for adding reserves and replacing produced reserves; targeted interviews conducted with some 300 oil and gas industry participants to identify current technology transfer channels and their relative usefulness for various classes of industry participants; a design and testing phase, in which the IOCC critiqued the current technology transfer structure, based on results of the structural analysis and targeted interviews, and identified several strategies for improvement; and an evaluation of existing state outreach programs to determine whether they might provide a model for development of additional outreach programs in other producing states.

  18. Characterization of revenue equivalence

    NARCIS (Netherlands)

    Heydenreich, B.; Müller, R.; Uetz, Marc Jochen; Vohra, R.

    2009-01-01

    The property of an allocation rule to be implementable in dominant strategies by a unique payment scheme is called revenue equivalence. We give a characterization of revenue equivalence based on a graph theoretic interpretation of the incentive compatibility constraints. The characterization holds

  19. Characterization of Revenue Equivalence

    NARCIS (Netherlands)

    Heydenreich, Birgit; Müller, Rudolf; Uetz, Marc Jochen; Vohra, Rakesh

    2008-01-01

    The property of an allocation rule to be implementable in dominant strategies by a unique payment scheme is called \\emph{revenue equivalence}. In this paper we give a characterization of revenue equivalence based on a graph theoretic interpretation of the incentive compatibility constraints. The

  20. Green Biodiesel Synthesis Using Waste Shells as Sustainable Catalysts with Camelina sativa Oil

    Directory of Open Access Journals (Sweden)

    Yelda Hangun-Balkir

    2016-01-01

    Full Text Available Waste utilization is an essential component of sustainable development and waste shells are rarely used to generate practical products and processes. Most waste shells are CaCO3 rich, which are converted to CaO once calcined and can be employed as inexpensive and green catalysts for the synthesis of biodiesel. Herein, we utilized lobster and eggshells as green catalysts for the transesterification of Camelina sativa oil as feedstock into biodiesel. Camelina sativa oil is an appealing crop option as feedstock for biodiesel production because it has high tolerance of cold weather, drought, and low-quality soils and contains approximately 40% oil content. The catalysts from waste shells were characterized by X-ray powder diffraction, Fourier Transform Infrared Spectroscopy, and Scanning Electron Microscope. The product, biodiesel, was studied by 1H NMR and FTIR spectroscopy. The effects of methanol to oil ratio, reaction time, reaction temperature, and catalyst concentration were investigated. Optimum biodiesel yields were attained at a 12 : 1 (alcohol : oil molar ratio with 1 wt.% heterogeneous catalysts in 3 hours at 65°C. The experimental results exhibited a first-order kinetics and rate constants and activation energy were calculated for the transesterification reaction at different temperatures. The fuel properties of the biodiesel produced from Camelina sativa oil and waste shells were compared with those of the petroleum-based diesel by using American Society for Testing and Materials (ASTM standards.

  1. Commitment to and preparedness for sustainable supply chain management in the oil and gas industry.

    Science.gov (United States)

    Wan Ahmad, Wan Nurul K; Rezaei, Jafar; Tavasszy, Lóránt A; de Brito, Marisa P

    2016-09-15

    Our current dependency on the oil and gas (O&G) industry for economic development and social activities necessitates research into the sustainability of the industry's supply chains. At present, studies on sustainable supply chain management (SSCM) practices in the industry do not include firm-internal factors that affect the sustainability strategies employed by different functional areas of its supply chains. Our study aims to address this gap by identifying the relevant internal factors and exploring their relationship with SSCM strategies. Specifically, we discuss the commitment to and preparedness for sustainable practices of companies that operate in upstream and downstream O&G supply chain. We study the impact of these factors on their sustainability strategies of four key supply chain functions: supplier management, production management, product stewardship and logistics management. The analyses of data collected through a survey among 81 companies show that management preparedness may enhance sustainable supply chain strategies in the O&G industry more than commitment does. Among the preparedness measures, management of supply chain operational risks is found to be vital to the sustainability of all supply chain functions except for production management practices. The findings also highlight the central importance of supplier and logistics management to the achievement of sustainable O&G supply chains. Companies must also develop an organizational culture that encourages, for example, team collaboration and proactive behaviour to finding innovative sustainability solutions in order to translate commitment to sustainable practices into actions that can produce actual difference to their SSCM practices. Copyright © 2016 Elsevier Ltd. All rights reserved.

  2. Emerging sustainable technology for epoxidation directed toward plant oil-based plasticizers

    DEFF Research Database (Denmark)

    Chua, Seong-Chea; Xu, Xuebing; Guo, Zheng

    2012-01-01

    The chemical industry is increasingly looking toward sustainable technology to reduce the environmental impact and minimize the footprint of a chemical process. This work, which presents emerging technologies in academia and industry, discusses the development of advanced processes...... for the production of epoxidized plant oil-based plasticizers. The effects of the substrate structure, oxygen-donor properties, catalysts and biocatalysts on the specificity of the epoxidation reaction are intensively discussed. The progress in enzymatic epoxidation and the application of neoteric media...

  3. Sustainable electricity generation from oil palm biomass wastes in Malaysia: An industry survey

    International Nuclear Information System (INIS)

    Umar, Mohd Shaharin; Jennings, Philip; Urmee, Tania

    2014-01-01

    The biomass wastes from the palm oil industry offer great potential for large-scale power generation in Malaysia. It has been estimated that 85.5% of available biomass in the country comes from oil palm agriculture. The introduction of the FiT (Feed-in Tariff) regime in 2011, which superseded the underperforming SREP (Small Renewable Energy Power) scheme, is expected to catalyse and accelerate the development of the renewable energy industry, including biomass technology. Despite a major overhaul of the market structure under the new scheme, the sustainability of the grid-connected oil palm biomass renewable energy industry downstream components remains questionable. Hence, this paper aims to investigate and analyse the market response to six sustainability-related topics. The research methods include electronic and conventional postal modes to disseminate questionnaires to all of the palm oil producers. The returned questionnaires were then analysed with a statistical tool and inferences were drawn to identify the gaps in the existing policy system. The survey identified several key factors for the government's consideration. - Highlights: • Establishing a fuel collection hub. • Centralising a technology hub facility. • Smart-partnership collaboration for building a large scale biomass plant. • Adopting decentralised generation

  4. Oil palm biomass as a sustainable energy source: A Malaysian case study

    International Nuclear Information System (INIS)

    Shuit, S.H.; Tan, K.T.; Lee, K.T.; Kamaruddin, A.H.

    2009-01-01

    It has been widely accepted worldwide that global warming is by far the greatest threat and challenge in the new millennium. In order to stop global warming and to promote sustainable development, renewable energy is a perfect solution to achieve both targets. Presently million hectares of land in Malaysia is occupied with oil palm plantation generating huge quantities of biomass. In this context, biomass from oil palm industries appears to be a very promising alternative as a source of raw materials including renewable energy in Malaysia. Thus, this paper aims to present current scenario of biomass in Malaysia covering issues on availability and sustainability of feedstock as well as current and possible utilization of oil palm biomass. This paper will also discuss feasibility of some biomass conversion technologies and some ongoing projects in Malaysia related to utilization of oil palm biomass as a source of renewable energy. Based on the findings presented, it is definitely clear that Malaysia has position herself in the right path to utilize biomass as a source of renewable energy and this can act as an example to other countries in the world that has huge biomass feedstock. (author)

  5. Building Hotel Revenues through Tourism

    Directory of Open Access Journals (Sweden)

    John D. Murtha, CHA

    2013-01-01

    Full Text Available When evaluating ways to maximize revenues, hotel executives should consider supporting the efforts of local destination marketing organizations. Helping to build and sustain travel to a city or region can benefit individual hotels, by combining resources and energy on marketing tactics that would otherwise be too ambitious or costly for a single property to pursue on its own. The market in Boston and adjacent Cambridge, Massachusetts offers an interesting case study for understanding the interaction of hotels and destination marketing organizations. The author includes action steps for hoteliers who would like to become more involved in such efforts.

  6. Estimation of Non-Revenue Water Ratio for Sustainable Management Using Artificial Neural Network and Z-Score in Incheon, Republic of Korea

    Directory of Open Access Journals (Sweden)

    Dongwoo Jang

    2017-10-01

    Full Text Available The non-revenue water (NRW ratio in a water distribution system is the ratio of the loss due to unbilled authorized consumption, apparent losses and real losses to the overall system input volume (SIV. The method of estimating the NRW ratio by measurement might not work in an area with no district metered areas (DMAs or with unclear administrative district. Through multiple regression analyses is a statistical analysis method for calculating the NRW ratio using the main parameters of the water distribution system, although its disadvantage is lower accuracy than that of the measured NRW ratio. In this study, an artificial neural network (ANN was used to estimate the NRW ratio. The results of the study proved that the accuracy of NRW ratio calculated by the ANN model was higher than by multiple regression analysis. The developed ANN model was shown to have an accuracy that varies depending on the number of neurons in the hidden layer. Therefore, when using the ANN model, the optimal number of neurons must be determined. In addition, the accuracy of the outlier removal condition was higher than that of the original data used condition.

  7. AGRO-INDUSTRIAL WASTE SUSTAINABLE MANAGEMENT – A POTENTIAL SOURCE OF ECONOMIC BENEFITS TO PALM OIL MILLS IN MALAYSIA

    OpenAIRE

    Wai Loan Liew; Khalida Muda; Mohd. Azraai; Augustine Chioma Affam; Soh Kheang

    2017-01-01

    Over the decades the palm oil industry has managed some challen ging environmental concerns regarding land transformation and degradation, increas e in eutrophication, changing habitats of wildlife, pesticides runoff into inland wa tercourses, and probable climate change. Countries producing palm oil desire to do so in a more sustainable way that will leave the environment evergreen. Therefore this paper aims to encourage sustainable management of agro-industrial waste and ...

  8. Piracy and Movie Revenues

    DEFF Research Database (Denmark)

    Peukert, Christian; Claussen, Jörg; Kretschmer, Tobias

    In this paper we make use of a quasi-experiment in the market for illegal downloading to study movie box office revenues. Exogenous variation comes from the unexpected shutdown of the popular file hosting platform Megaupload.com on January 19, 2012. The estimation strategy is based on a quasi...... difference-in-differences approach. We compare box office revenues before and after the shutdown to a matched control group of movies unaffected by the shutdown. We find that the shutdown had a negative, yet insignificant effect on box office revenues.This counterintuitive result may suggest support...

  9. Sustainable asphalt pavement: Application of slaughterhouse waste oil and fly ash in asphalt binder

    Science.gov (United States)

    Sanchez Ramos, Jorge Luis

    Increasing energy costs, lack of sufficient natural resources and the overwhelming demand for petroleum has stimulated the development of alternative binders to modify or replace petroleum-based asphalt binders. In the United States, the petroleum-based asphalt binder is mainly used to produce the Hot Mix Asphalt (HMA). There are approximately 4000 asphalt plants that make 500 million tons of asphalt binder valued at roughly 3 billion/year. The instability of the world's oil market has pushed oil prices to more than 80 per barrel in 2012, which increased the cost of asphalt binder up to $570 per ton. Therefore, there is a timely need to find alternative sustainable resources to the asphalt binder. This paper investigates the possibility of the partial replacement of the asphalt binder with slaughterhouse waste and/or fly ash. In order to achieve this objective, the asphalt binder is mixed with different percentages of waste oil and/or fly ash. In order to investigate the effect of these additives to the performance of the asphalt binder, a complete performance grade test performed on multiple samples. The results of the performance grade tests are compared with a control sample to observe how the addition of the waste oil and/or fly ash affects the sample. Considering the increasing cost and demand of asphalt, the use of slaughterhouse waste oil and/or fly ash as a partial replacement may result in environmental and monetary improvements in the transportation sector.

  10. Sostenibilidad, plan de desarrollo y política petrolera Sustainability, Development Plan and oil policy

    Directory of Open Access Journals (Sweden)

    Álvarez H. Carlos G.

    1999-06-01

    Full Text Available Este ensayo examina la politica petrolera y de recursos naturales del Plan de Desarrollo. Muestra, en particular, que las declaraciones de 'sostenibilidad' son inconsistentes con las politicas que se adelantan y que se trata de una propuesta de incrementos desaforados de la produccion petrolera bajo la mirada de la economia estandar. El 'desarrollo sostenible' resulta siendo tarea de las generaciones futuras, desconociendo el mandato constitucional. Tambien discute la propuesta de reforma a la ley de regalias implicita en el articulo 60 del proyecto de ley de plan de desarrollo y muestra que se emplean indicadores de competitividad manipulados para subestimar la competitividad colombiana. De acuerdo con el analisis efectuado por el Ministerio de Minas no parece razonable aprobar esa reforma si se trata de mejorar la competitividad financiera. En suma, la actual politica petrolera no introduce elementos de democracia y sostenibilidad.This essay examines the oil and natural resource policies of the Development Plan. In particular, it shows that its declarations of 'sustainability' are inconsistent with the policies it puts forward and that it is really a proposal for boundless increases in oil production under the gaze of the standard economy. 'Sustainable development' turns out to be the task of future generations, ignoring the constitutional mandate.
    It also discusses the proposal for reform of the law on payments for oil and mineral exploitation implicit in Article 60 of the Plan's law proposal and shows that the competitiveness indicators it uses are manipulated to underestimate Colombian competi tiveness. In accordance with the analysis carried out by the Ministry of Mines, it does not appear reasonable to approve this reform if the purpose is to improve financial competitiveness. In sum, the current oil policy does not introduce elements of democracy or of sustainability.

  11. City Revenues and Expenses

    Data.gov (United States)

    Allegheny County / City of Pittsburgh / Western PA Regional Data Center — City Revenues and Expenses from the Operating Budget from 2012 to Present, updated every night from the City's JD Edwards ledger.

  12. Vegetable oil as fuel for electric power generation at Rondonia, BR, small agglomerate as way of revenue generation; Oleo vegetal como combustivel para energia eletrica em pequenos aglomerados de Rondonia como forma de geracao de renda

    Energy Technology Data Exchange (ETDEWEB)

    Moret, Artur de Souza [Fundacao Universidade Federal de Rondonia (UNIR), Porto Velho, RO (Brazil)]. E-mail: amoret@unir.br

    2006-07-01

    This text approaches the question energy having as based alternative combustible reference in vegetal oils and the Decentralized Generation of Energy, for attendance of isolated systems and with small load, having as conceptual base the partner-economic-ambient sustain ability, being the economic chain of the entailed and conditional energy to the ambient, social aspects, technician, politicians, financiers and economics. This text intends to demonstrate to the mechanisms used in a research and development project (P and D) for the determination and domain of energy generation, electricity and power, from vegetal oils of suitable oleaginous to the State of Rondonia for a Extractive Reserve. Having as reference the contribution for the local and sustainable development of isolated localities, for the generation of job and income, for the energy self-sufficiency of isolated localities and to make available alternative to the companies of the electric sector of energy availability of isolated communities. (author)

  13. An Investigation of Sustainable Power Generation from Oil Palm Biomass: A Case Study in Sarawak

    Directory of Open Access Journals (Sweden)

    Nasrin Aghamohammadi

    2016-04-01

    Full Text Available Sarawak is the largest state in Malaysia, with 22% of the nation's oil palm plantation area, making it the second largest contributor to palm biomass production. Despite the enormous amount of palm biomass in the state, the use of biomass as fuel for power generation remains low. This study is designed to investigate the sustainability of power generation from palm biomass specifically in Sarawak by conducting a survey among the palm oil mill developers. To conduct this investigation, several key sustainability factors were identified: the security of the biomass supply, the efficiency of conversion technology, the existing network system, challenges and future prospects for power generation from palm biomass. These factors were assessed through a set of questionnaires. The returned questionnaires were then analysed using statistical tools. The results of this study demonstrate that Sarawak has biomass in abundance, and that it is ready to be exploited for large scale power generation. The key challenge to achieving the renewable energy target is the inadequate grid infrastructure that inhibits palm oil developers from benefiting from the Feed-in-Tariff payment scheme. One way forward, a strategic partnership between government and industrial players, offers a promising outcome, depending on an economic feasibility study. The decentralization of electricity generation to support rural electrification is another feasible alternative for renewable energy development in the state.

  14. Sustainable Solution for Crude Oil and Natural Gas Separation using Concentrated Solar Power Technology

    Science.gov (United States)

    Choudhary, Piyush; Srivastava, Rakesh K.; Nath Mahendra, Som; Motahhir, Saad

    2017-08-01

    In today’s scenario to combat with climate change effects, there are a lot of reasons why we all should use renewable energy sources instead of fossil fuels. Solar energy is one of the best options based on features like good for the environment, independent of electricity prices, underutilized land, grid security, sustainable growth, etc. This concept paper is oriented primarily focused on the use of Solar Energy for the crude oil heating purpose besides other many prospective industrial applications to reduce cost, carbon footprint and moving towards a sustainable and ecologically friendly Oil & Gas Industry. Concentrated Solar Power technology based prototype system is proposed to substitute the presently used system based on natural gas burning method. The hybrid system which utilizes the solar energy in the oil and gas industry would strengthen the overall field working conditions, safety measures and environmental ecology. 40% reduction on natural gas with this hybrid system is estimated. A positive implication for an environment, working conditions and safety precautions is the additive advantage. There could also decrease air venting of CO2, CH4 and N2O by an average of 30-35%.

  15. The concept of sustainable development as a methodological base to form strategy for enterprises of oil complex

    Directory of Open Access Journals (Sweden)

    D. Smirnov

    2015-01-01

    Full Text Available The article substantiates the need for the enterprises of the oil complex as a methodological basis of their strategy concept of sustainable development, according to which natural resources are treated as natural capital, similar in quality funds. The author of the article analyzed the research of Russian and foreign scientists on the theory of sustainable development from different perspectives, as well as the Concept of the Russian Federation transition to sustainable development, the main criteria for sustainability, particularly management of industrial enterprises in the field of nature and the environment. It was found that the implementation of sustainable development ideas "oil for future generations" is not only a moral and environmental dimension, and financial performance. If companies invest in the exploration work sufficient to sustain growth of proved reserves of raw materials, it will inevitably raise the level of its capitalization.

  16. AGRO-INDUSTRIAL WASTE SUSTAINABLE MANAGEMENT – A POTENTIAL SOURCE OF ECONOMIC BENEFITS TO PALM OIL MILLS IN MALAYSIA

    Directory of Open Access Journals (Sweden)

    Wai Loan Liew

    2017-01-01

    Full Text Available Over the decades the palm oil industry has managed some challen ging environmental concerns regarding land transformation and degradation, increas e in eutrophication, changing habitats of wildlife, pesticides runoff into inland wa tercourses, and probable climate change. Countries producing palm oil desire to do so in a more sustainable way that will leave the environment evergreen. Therefore this paper aims to encourage sustainable management of agro-industrial waste and its potenti al in making financial returns from the same waste. Hence, the study was conducted with the participation of seven local palm oil mills having different capacities and oper ation age. Attention was given to milling waste as they could cause serious environmenta l menace if unattended to properly. Milling waste includ es lignocellulosic palm biomas s namely the empty fruit bunches (EFB, oil palm shell (OPS, mesocarp fibres, pal m oil mill effluent (POME, and palm oil mill sludge (POMS, as well as solid waste generated from the further processing of these biomass into the palm oil fuel ashe s (POFA and palm oil clinkers (POC. The opportunities available to the Malaysian pa lm oil industry and the financial benefits which may accr ue from waste generated during palm oil production process cannot be over emphasized.

  17. Alberta books big revenues in 1996

    International Nuclear Information System (INIS)

    Curran, R.

    1996-01-01

    A 17.9 per cent increase over 1995 in oil and gas revenues were reported for Alberta through August 1996. Revenues from crude oil were up 12.6 per cent and from natural gas 30.7 per cent. The level of increase in revenues is expected to hold for the remainder of the year, save for the prospects of Iraq re-entering the market in force. This would cause a steep decline in prices and some panic trading in energy stocks. Nevertheless, producers are well positioned for the year ahead, as capital spending and drilling activity are based on lower price forecasts. Oil production over 1995 was down slightly through August. Light and medium crude production was down 4.5 per cent. Synthetic production fell by 0.8 per cent. Natural gas production will have a record year. Through August output was up 4.6 per cent over 1995, sales were up 19.3 per cent, and exports were ahead by just under one per cent. Natural gas liquids were the biggest revenue booster, increasing by 46.3 per cent over 1995

  18. Green Chemistry: Strategy in Essential Oils Sustainability by Development of Insecticide Using Docking Method

    Science.gov (United States)

    Warsito; Utomo, EP; Ulfa, SM; Kholila, BN; Nindyasiwi, P.

    2018-01-01

    Sustainable agricultural applications in green chemistry was associated with the development of insecticide production based on secondary metabolites, such as essential oils. This research used In Silico modeling for insecticide formulation based on essential oils. The insecticidal formula was made on the basis of the Ki value of multiple docking results between the major components of essential oils as ligand with Spodotera litura receptor (2DJC) studied using Autodock Tools software. Insecticide formula activity test was done by contact method of toxic and leaf contact with essential oils concentration at level 0% - 1%. The results of the in silico study showed that the inhibition constants (Ki) of citronellal and anethol ligands combination were 1.6 mM however of citronellal and eugenol as ligands were 1.75 mM and formulated rasio (v/v), respectively 5 : 1 and 4 : 1. In addition, in vitro activity of insecticide formula with the ratio of 5: 1 possess LC50 value 0.10% (toxic contact) and 0.35% (leaf contact). While the formula with a ratio of 4: 1 possess LC50 value 0.05% (toxic contacts) and 0.31% (leaf contact).

  19. Oil palm land conversion in Pará, Brazil, from 2006-2014: evaluating the 2010 Brazilian Sustainable Palm Oil Production Program

    Science.gov (United States)

    Benami, E.; Curran, L. M.; Cochrane, M.; Venturieri, A.; Franco, R.; Kneipp, J.; Swartos, A.

    2018-03-01

    Global models of biophysical suitability for oil palm consistently rank Brazil as having the greatest potential for expansion, with estimates as high as 238 Mha of suitable lands. In 2010, Brazil launched the Sustainable Palm Oil Production Program (SPOPP) to incentivize oil palm development without deforestation on as much as 30 Mha. Here we examine oil palm expansion before and after the SPOPP’s launch. In Pará, the major oil palm producing state in Brazil, we analyze the extent and change in oil palm cultivation from 2006-2014 using satellite imagery, ground-truthed verification, site-based interviews, and rural environmental (land) registration data. Between 2006-2014, oil palm area (≥9 ha) expanded >200% to ~219 000 ha. Of the ~148 000 ha of oil palm developed, ~91% converted pasturelands while ~8% replaced natural vegetation, including intact and secondary forests. Although >80% of all oil palm parcels rest public and private deforestation reduction initiatives; and, (2) socio-economic constraints, e.g. high relative production costs and limited familiarity with this crop, appear to partially explain the major discrepancy between estimated potential suitable areas with realized oil palm development.

  20. Oil-based formulation as a sustained-released injection for a novel synthetic peptide.

    Science.gov (United States)

    Zhang, Guiying; Li, Jinglai; Wang, Tao; Gao, Lijun; Quan, Dongqin

    2015-01-01

    In this study, sustained-release of GnRH antagonist peptide LXT-101 was realized through oil formulation, and their releasing characteristics in vitro and in vivo were investigated. In this formulation, the static interaction between cationic charged peptide LXT-101 and the negative charged phospholipid led to the formation of the phospholipid-peptide complex, by which LXT-101 was completely dissolved in oils. This formulation was prepared by mixing an aqueous solution of LXT-101 and empty SUV (small unilamellar liposomes) containing EPC (phosphatidylcholine) and DPPG (1, 2-dipalmitog-sn-glycero-3- phosphoglycerol) at an appropriate ratio, the mixture was subsequently lyophilized, and the resultant was dissolved in the oil to form a clear oily solution containing solubilized peptide LXT-101. With atomic force microscopy combined with Langmuir-Blodgett technology, the morphology of the particles in the oily solution were examined to be oval-shaped and the mean particle size was 150 nm in diameter. In pure water at 37°C, about 70~90 % of LXT-101 was released slowly from the oily formulation over 7 days. An effective sustained suppression of testosterone in beagle dogs could be achieved over a period of seven days with this LXT-101 oily formulation, by i.m. at a dose of 0.2 mg/kg (2 mg/ml). This formulation dramatically improved the bioactivity of LXT-101 compared to its aqueous solution. It was also found that when the concentration of peptide LXT-101 was up to or over 10 mg/ml in aqueous solution, there was no significant difference between the oily formulation and aqueous solution. This fact meant that LXT-101 itself could conduct sustained release in vivo by self-assembly of nanofibers.

  1. Engineering and sustainability aspect of palm oil shell powder in cement

    Science.gov (United States)

    Karim, Mohammad Razaul; Hossain, Md. Moktar; Yusoff, Sumiani Binti

    2017-06-01

    Palm oil shell (POS) is a waste material which significantly produced in palm oil mills. In current practice, this waste is dumped in open land or landfill sites or is used as fuel to run a steam turbine of a boiler, which leads to environmental pollutions. The characterization, engineering and sustainability aspect of this waste for using in cement-based applications lead to reduce the emission of carbon dioxide and cost, save natural resources for cement production and also sustainable usage of waste material. The characterization was carried out using particle size analyzer, XRF, SEM and total organic carbon analyzer. ASTM standard methods were used to observe the setting time and water for normal consistency. The compressive strength of palm oil shell powder (POSP) blended cement was explored with the water to cement and cement to sand ratio of 0.40 and 0.50, respectively up to 40% replacement levels of OPC. Result found that the setting time and water demand were increased, but compressive strength was decreased to replacement levels. However, the incorporation of POSP in cement was reduced 9.6% of CO2 emission, 25 % of the cost and save natural resource, i.e. limestone, clay, iron ore, silica shale and gypsum of 35.1%, 4.95%, 0.9%, 4.05 % and 1.2 %, respectively at 30% replacement level of OPC. The results of this extensive study on POSP characterization, effect on basic cement properties and sustainability aspect provide the guidance for using the POSP at industrial scale for cement production.

  2. Local sustained delivery of bupivacaine HCl from a new castor oil-based nanoemulsion system.

    Science.gov (United States)

    Rachmawati, Heni; Arvin, Yang Aryani; Asyarie, Sukmadjaja; Anggadiredja, Kusnandar; Tjandrawinata, Raymond Rubianto; Storm, Gert

    2018-06-01

    Bupivacaine HCl (1-butyl-2',6'-pipecoloxylidide hydrochloride), an amide local anesthetic compound, is a local anesthetic drug utilized for intraoperative local anesthesia, post-operative analgesia and in the treatment of chronic pain. However, its utility is limited by the relative short duration of analgesia after local administration (approximately 9 h after direct injection) and risk for side effects. This work is aimed to develop a nanoemulsion of bupivacaine HCl with sustained local anesthetics release kinetics for improved pain management, by exhibiting extended analgesic action and providing reduced peak levels in the circulation to minimize side effects. Herein, biodegradable oils were evaluated for use in nanoemulsions to enable sustained release kinetics of bupivacaine HCl. Only with castor oil, a clear and stable nanoemulsion was obtained without the occurrence of phase separation over a period of 3 months. High loading of bupivacaine HCl into the castor oil-based nanoemulsion system was achieved with about 98% entrapment efficiency and the resulting formulation showed high stability under stress conditions (accelerated stability test) regarding changes in visual appearance, drug content, and droplet size. We show herein that the in vitro release and in vivo pharmacokinetic profiles as well as pharmacodynamic outcome (pain relief test) after subcutaneous administration in rats correlate well and clearly demonstrate the prolonged release and extended duration of activity of our novel nanoformulation. In addition, the lower C max value achieved in the blood compartment suggests the possibility that the risk for systemic side effects is reduced. We conclude that castor oil-based nanomulsion represents an attractive pain treatment possibility to achieve prolonged local action of bupivacaine HCl.

  3. Application of sustainable foaming agents to control the mobility of carbon dioxide in enhanced oil recovery

    Directory of Open Access Journals (Sweden)

    Roozbeh Rafati

    2012-12-01

    Full Text Available Carbon dioxide (CO2 flooding is a conventional process in which the CO2 is injected into the oil reservoir to increase the quantity of extracting oil. This process also controls the amount of released CO2 as a greenhouse gas in the atmosphere which is known as CO2 sequestration process. However, the mobility of the CO2 inside the hydrocarbon reservoir is higher than the crude oil and always viscous fingering and gravity override problems occur during a CO2 injection. The most common method to overcome these problems is to trap the gas bubbles in the liquid phase in the form of aqueous foam prior to CO2 injection. Although, the aqueous foams are not thermodynamically stable, special care should be considered to ensure bulk foam preparation and stability. Selection of a proper foaming agent from a large number of available surfactants is the main step in the bulk foam preparation. To meet this purpose, many chemical and crude oil based surfactants have been reported but most of them are not sustainable and have disposal problems. The objective of this experimental study is to employ Lignosulfonate and Alkyl Polyglucosides (APGs as two sustainable foaming agents for the bulk foam stability investigations and foam flooding performance in porous media. In the initial part, the bulk foam stability results showed that APGs provided more stable foams in comparison with Lignosulfonate in all surfactant concentrations. In the second part, the results indicated that the bulk foam stability measurements provide a good indication of foam mobility in porous media. The foaming agent’s concentration which provided the maximum foam stability also gave the highest value of mobility reduction in porous media.

  4. Electric sales and revenue 1991

    International Nuclear Information System (INIS)

    1993-04-01

    The Electric Sales and Revenue is prepared by the Survey Management Division, Office of Coal, Nuclear, Electric and Alternate Fuels; Energy Information Administration (EIA); US Department of Energy. This publication provides information about sales of electricity, its associated revenue, and the average revenue per kilowatthour sold to residential, commercial, industrial, and other consumers throughout the United States. Previous publications presented data on typical electric bills at specified consumption levels as well as sales, revenue, and average revenue. The sales of electricity, associated revenue, and average revenue per kilowatthour provided in this report are presented at the national, Census division, State, and electric utility levels

  5. Layered double hydroxide catalyst for the conversion of crude vegetable oils to a sustainable biofuel

    Science.gov (United States)

    Mollaeian, Keyvan

    Over the last two decades, the U.S. has developed the production of biodiesel, a mixture of fatty acid methyl esters, using chiefly vegetable oils as feedstocks. However, there is much concern about the availability of high-quality vegetable oils for longterm biodiesel production. Problems have also risen due to the production of glycerol, an unwanted byproduct, as well as the need for process wash water. Therefore, this study was initiated to produce not only fatty acid methyl esters (FAMEs) but also fatty acid glycerol carbonates (FAGCs) by replacing methanol with dimethyl carbonate (DMC). The process would have no unnecessary byproducts and would be a simplified process compared to traditional biodiesel. In addition, this altering of the methylating agent could convert triglycerides, free fatty acids, and phospholipids to a sustainable biofuel. In this project, Mg-Al Layered Double Hydroxide (LDH) was optimized by calcination in different temperature varied from 250°C to 450°C. The gallery between layers was increased by intercalating sodium dodecylsulfate (SDS). During catalyst preparation, the pH was controlled ~10. In our experiment, triazabicyclodecene (TBD) was attached with trimethoxysilane (3GPS) as a coupling agent, and N-cetyl-N,N,N-trimethylammonium bromide (CTAB) was added to remove SDS from the catalyst. The catalyst was characterized by XRD, FTIR, and Raman spectroscopy. The effect of the heterogeneous catalyst on the conversion of canola oil, corn oil, and free fatty acids was investigated. To analyze the conversion of lipid oils to biofuel an in situ Raman spectroscopic method was developed. Catalyst synthesis methods and a proposed mechanism for converting triglycerides and free fatty acids to biofuel will be presented.

  6. DHA-Containing Oilseed: A Timely Solution for the Sustainability Issues Surrounding Fish Oil Sources of the Health-Benefitting Long-Chain Omega-3 Oils

    Directory of Open Access Journals (Sweden)

    Soressa M. Kitessa

    2014-05-01

    Full Text Available Benefits of long-chain (≥C20 omega-3 oils (LC omega-3 oils for reduction of the risk of a range of disorders are well documented. The benefits result from eicosapentaenoic acid (EPA and docosahexaenoic acid (DHA; optimal intake levels of these bioactive fatty acids for maintenance of normal health and prevention of diseases have been developed and adopted by national and international health agencies and science bodies. These developments have led to increased consumer demand for LC omega-3 oils and, coupled with increasing global population, will impact on future sustainable supply of fish. Seafood supply from aquaculture has risen over the past decades and it relies on harvest of wild catch fisheries also for its fish oil needs. Alternate sources of LC omega-3 oils are being pursued, including genetically modified soybean rich in shorter-chain stearidonic acid (SDA, 18:4ω3. However, neither oils from traditional oilseeds such as linseed, nor the SDA soybean oil have shown efficient conversion to DHA. A recent breakthrough has seen the demonstration of a land plant-based oil enriched in DHA, and with omega-6 PUFA levels close to that occurring in marine sources of EPA and DHA. We review alternative sources of DHA supply with emphasis on the need for land plant oils containing EPA and DHA.

  7. DHA-Containing Oilseed: A Timely Solution for the Sustainability Issues Surrounding Fish Oil Sources of the Health-Benefitting Long-Chain Omega-3 Oils

    Science.gov (United States)

    Kitessa, Soressa M.; Abeywardena, Mahinda; Wijesundera, Chakra; Nichols, Peter D.

    2014-01-01

    Benefits of long-chain (≥C20) omega-3 oils (LC omega-3 oils) for reduction of the risk of a range of disorders are well documented. The benefits result from eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA); optimal intake levels of these bioactive fatty acids for maintenance of normal health and prevention of diseases have been developed and adopted by national and international health agencies and science bodies. These developments have led to increased consumer demand for LC omega-3 oils and, coupled with increasing global population, will impact on future sustainable supply of fish. Seafood supply from aquaculture has risen over the past decades and it relies on harvest of wild catch fisheries also for its fish oil needs. Alternate sources of LC omega-3 oils are being pursued, including genetically modified soybean rich in shorter-chain stearidonic acid (SDA, 18:4ω3). However, neither oils from traditional oilseeds such as linseed, nor the SDA soybean oil have shown efficient conversion to DHA. A recent breakthrough has seen the demonstration of a land plant-based oil enriched in DHA, and with omega-6 PUFA levels close to that occurring in marine sources of EPA and DHA. We review alternative sources of DHA supply with emphasis on the need for land plant oils containing EPA and DHA. PMID:24858407

  8. Sustaining Petroleum Exploration and Development in Mature Basins: Production Sharing Contracts and Financing of Joint Venture Oil and Gas Projects

    International Nuclear Information System (INIS)

    Chukwueke, T.

    2002-01-01

    Oil companies make a business by bearing the risks of investing in, and making profits from, oil and gas operations. International Oil Companies (IOC) are the recognised leaders in technology and develop expertise in the management of technical such as subsurface and surface uncertainties through seismic surveys, well drilling and production facilities. In export oriented oil and gas developments, IOCs also carry the commercial risks associated with the export market (ups and downs in the demand for oil and gas) that could make the project non-profitable, if not properly managed.Conversely, Local Oil Companies (LOCs), i.e. indigenous private or state owned companies, are more adapt at developing expertise in the management of the local environmental, domestic market and political risks associated with the area or country of operations. It is recognised that in certain countries some LOCs are also making significant progress in the acquisition of modern technology. Any critical business risks which cannot be adequately managed by either the IOC or the LOC will require the involvement of third party, who will normally provide guarantee or securitisation in one form or another.A partnership between local and international oil companies has become accepted to be the most secure and profitable arrangement in international oil and gas business. In the Niger Delta, which is mature oil and gas province and as such non-market related risks, particularly technical and supply risks, are substantially reduced, Joint Venture type of arrangement is considered the most suitable form of partnership. Joint Venture arrangement allows each partner to fund the venture in direct proportion to its participation interest. Because of the reduced risks profile, the joint venture is more bankable; each partner can therefore secure funding for its share with its revenue profile. In Nigeria, however, where the revenue profile (and consequently development budget) of the dominant local player

  9. Electric sales and revenue, 1990

    International Nuclear Information System (INIS)

    1992-01-01

    The Electric Sales and Revenue is prepared by the Survey Management Division, Office of Coal, Nuclear, Electric and Alternate Fuels; Energy Information Administration (EIA); US Department of Energy. This publication provides information about sales of electricity, its associated revenue, and the average revenue per kilowatthour sold to residential, commercial, industrial, and other consumers throughout the United States. Previous publications presented data on typical electric bills at specified consumption levels as well as sales, revenues, and average revenue. The sales, revenue, and average revenue per kilowatthour provided in the Electric Sales and Revenue are based on annual data reported by electric utilities for the calendar year ending December 31, 1990. The electric revenue reported by each electric utility includes the revenue billed for the amount of kilowatthours sold, revenue from income, unemployment and other State and local taxes, energy or demand charges, consumer services charges, environmental surcharges, franchise fees, fuel adjustments, and other miscellaneous charges. Average revenue per kilowatthour is defined as the cost per unit of electricity sold and is calculated by dividing retail sales into the associated electric revenue. The sales of electricity, associated revenue, and average revenue per kilowatthour provided in this report are presented at the national, Census division, State, and electric utility levels

  10. A Survey on the Usage of Biomass Wastes from Palm Oil Mills on Sustainable Development of Oil Palm Plantations in Sarawak

    Science.gov (United States)

    Phang, K. Y.; Lau, S. W.

    2017-06-01

    As one of the world’s largest palm oil producers and exporters, Malaysia is committed to sustainable management of this industry to address the emerging environmental challenges. This descriptive study aims to evaluate the oil palm planters’ opinions regarding the usage of biomass wastes from palm oil mills and its impact on sustainable development of oil palm plantations in Sarawak. 253 planters across Sarawak were approached for their opinions about the usage of empty fruit bunch (EFB), palm oil mill effluent (POME), mesocarp fibre (MF), and palm kernel shell (PKS). This study revealed that the planters had generally higher agreement on the beneficial application of EFB and POME in oil palm plantations. This could be seen from the higher means of agreement rating of 3.64 - 4.22 for EFB and POME, compared with the rating of 3.19 - 3.41 for MF and PKS in the 5-point Likert scale (with 5 being the strongest agreement). Besides, 94.7 percent of the planters’ companies were found to comply with the Environmental Impact Assessment (EIA) requirements where nearly 38 percent carried out the EIA practice twice a year. Therefore high means of agreement were correlated to the compliance of environmental regulations, recording a Likert rating of 3.89 to 4.31. Lastly, the usage of EFB and POME also gained higher Likert scale point of 3.76 to 4.17 against MF and PKS of 3.34 to 3.49 in the evaluation of the impact of sustainability in oil palm plantations. The planters agreed that the usage of EFB and POME has reduced the environmental impact and improved the sustainable development, and its application has been improved and increased by research and development. However the planters were uncertain of the impact of usage of biomass wastes with respect to the contribution to social responsibility and company image in terms of transparency in waste management.

  11. Hospitality services generate revenue.

    Science.gov (United States)

    Bizouati, S

    1993-01-01

    An increasing number of hospitals are undertaking external revenue-generating activities to supplement their shrinking budgets. Written at the request of Leadership, this article outlines an example of a successful catering service -- a money-generating business that more Canadian hospitals could profitably consider.

  12. Social innovation to promote sustainability and independence of small-scale palm oil farmers in the Province of Jambi, Indonesia

    OpenAIRE

    Firman, Anita Nathalia

    2017-01-01

    The aim of this thesis was to investigate the situation of the independent small-scale palm oil farmers in the Province of Jambi, Indonesia regarding the practices of palm oil production that cause deforestation in Sumatra. The goal of this thesis was to provide sustainable opportunities for the independent small-scale farmers in Jambi through social innovation. The field research took place at the village of Mekar Jaya and Sungai Rotan Village in the Provinces of Jambi, Indonesia. In the fra...

  13. Evaluation of sustainable development using business excellence model in used motor oil industries

    Directory of Open Access Journals (Sweden)

    Malek Hassanpour

    2014-10-01

    Full Text Available Business and commerce are a chance to create wealth and economic development in companies and industries. Leader of companies must be containing a sense of relief and hope as one of the factors of production and wealth to enhance trust, cooperation between the organization and the community. In order to achieve at the Business Excellence (BE is emphasized to the need for the simultaneous measurement of organizational performance on the Critical Success Factors (CSFs, environmental, social issues and challenges. Objective of current study was to evaluate of sustainable development in used motor oil industry using BE models. Therefore, a framework was discussed as distinct from other common practices to measure performance of an industry. The models allow multi -dimensional focuses on different indicators of the organization's internal, external and CSFs. The check list method was used to collect data in site of industry in the present study. Then, obtained results were surveyed by models such as the Malcolm Baldrige National Quality Award (MBNQA, European Federation for Quality Management (EFQM and Kanji’s Business Excellence Model (KBEM. Results of current analyze indicated that despite the fact that these models and approaches are different, but they are same in term of shared concepts. Finally, we can be able to say that the simultaneous implementation of these models and approaches can be a suitable process in the study of sustainable development of organizations. According to the obtained results of models, the case study industry was in sustainable development conditions.

  14. Mechanical - physical treatment of used motor oil within a sustainable waste management system

    OpenAIRE

    Đukić Veljko N.

    2015-01-01

    Waste oils are all mineral or synthetic oils that cannot be used for the purpose for which they were originally produced. These are: hydraulic oils, motor oils, ship oils, liquids for the transfer of heat or insulation, oily remains from reservoirs, oil-water emulsions and various oil-water mixtures. In its chemical makeup used motor oil contains hydrocarbons, organic minerals, heavy metals (cobalt, magnesium, iron, zinc), sulfur, chlorine, nitrogen, phosphorus, compounds from additives and o...

  15. Tuning of Essential Oil Properties by Enzymatic Treatment: Towards Sustainable Processes for the Generation of New Fragrance Ingredients

    Directory of Open Access Journals (Sweden)

    Sylvain Antoniotti

    2014-07-01

    Full Text Available In this review, several strategies of modification of essential oils by enzymatic treatment are presented. Being either applied before or after the production of the essential oil, enzymatic methods are shown to be particularly adapted to attain the required selectivity, specificity and efficiency in sustainable processes delivering products eligible for the natural grade. Examples dealing with the optimization of the properties of essential oils in terms of biological activity, odor and safety are provided, and it is likely that these strategies will address other type of properties in the future, such as the physico-chemical properties, for example.

  16. Electric sales and revenue: 1993

    Energy Technology Data Exchange (ETDEWEB)

    1995-01-01

    The Electric Sales and Revenue is prepared by the Survey Management Division, Office of Coal, Nuclear, Electric and Alternate Fuels; Energy Information Administration (EIA); US Department of Energy. This publication provides information about sales of electricity, its associated revenue, and the average revenue per kilowatthour sold to residential, commercial, industrial, and other consumers throughout the United States. The sales, revenue, and average revenue per kilowatthour data provided in the Electric Sales and Revenue are based on annual data reported by electric utilities for the calendar year ending December 31, 1993. Operating revenue includes energy charges, demand charges, consumer service charges, environmental surcharges, fuel adjustments, and other miscellaneous charges. The revenue does not include taxes, such as sales and excise taxes, that are assessed on the consumer and collected through the utility. Average revenue per kilowatthour is defined as the cost per unit of electricity sold and is calculated by dividing retail sales into the associated electric revenue. Because electric rates vary based on energy usage, average revenue per kilowatthour are affected by changes in the volume of sales. The sales of electricity, associated revenue, and average revenue per kilowatthour data provided in this report are presented at the national, Census division, State, and electric utility levels.

  17. Successful scaling-up of self-sustained pyrolysis of oil palm biomass under pool-type reactor.

    Science.gov (United States)

    Idris, Juferi; Shirai, Yoshihito; Andou, Yoshito; Mohd Ali, Ahmad Amiruddin; Othman, Mohd Ridzuan; Ibrahim, Izzudin; Yamamoto, Akio; Yasuda, Nobuhiko; Hassan, Mohd Ali

    2016-02-01

    An appropriate technology for waste utilisation, especially for a large amount of abundant pressed-shredded oil palm empty fruit bunch (OFEFB), is important for the oil palm industry. Self-sustained pyrolysis, whereby oil palm biomass was combusted by itself to provide the heat for pyrolysis without an electrical heater, is more preferable owing to its simplicity, ease of operation and low energy requirement. In this study, biochar production under self-sustained pyrolysis of oil palm biomass in the form of oil palm empty fruit bunch was tested in a 3-t large-scale pool-type reactor. During the pyrolysis process, the biomass was loaded layer by layer when the smoke appeared on the top, to minimise the entrance of oxygen. This method had significantly increased the yield of biochar. In our previous report, we have tested on a 30-kg pilot-scale capacity under self-sustained pyrolysis and found that the higher heating value (HHV) obtained was 22.6-24.7 MJ kg(-1) with a 23.5%-25.0% yield. In this scaled-up study, a 3-t large-scale procedure produced HHV of 22.0-24.3 MJ kg(-1) with a 30%-34% yield based on a wet-weight basis. The maximum self-sustained pyrolysis temperature for the large-scale procedure can reach between 600 °C and 700 °C. We concluded that large-scale biochar production under self-sustained pyrolysis was successfully conducted owing to the comparable biochar produced, compared with medium-scale and other studies with an electrical heating element, making it an appropriate technology for waste utilisation, particularly for the oil palm industry. © The Author(s) 2015.

  18. Defense Logistics Agency Revenue Eliminations

    National Research Council Canada - National Science Library

    1996-01-01

    The issue of revenue eliminations was identified during our work on the Defense Logistics Agency portion of the Audit of Revenue Accounts in the FY 1996 Financial Statements of the Defense Business Operations Fund...

  19. Federal Offshore Statistics, 1993. Leasing, exploration, production, and revenue as of December 31, 1993

    Energy Technology Data Exchange (ETDEWEB)

    Francois, D.K.

    1994-12-31

    This document contains statistical data on the following: federal offshore lands; offshore leasing activity and status; offshore development activity; offshore production of crude oil and natural gas; federal offshore oil and natural gas sales volume and royalties; revenue from federal offshore leases; disbursement of federal offshore revenue; reserves and resource estimates of offshore oil and natural gas; oil pollution in US and international waters; and international activities and marine minerals. A glossary is included.

  20. revenue management–sales relationship

    OpenAIRE

    Noone, B. M; Hultberg, T.

    2011-01-01

    Revenue management and sales staffs collaborate substantially in making decisions regarding rate setting, accepting group business, and forecasting. However, according to a survey of 82 sales and revenue management executives at three hotel chains (47 revenue managers and 35 sales executives), hotels could foster even better coordination between revenue management and sales by educating each group regarding the other group’s responsibilities. This might reduce sales staff frustrations about t...

  1. On Farm Agronomic and First Environmental Evaluation of Oil Crops for Sustainable Bioenergy Chains

    Directory of Open Access Journals (Sweden)

    Luca Lazzeri

    Full Text Available Energy crops, and in particular oil crops, could be an important occasion for developing new non food production rows for a new multi-functional agriculture in Italy. In this view, the use of local biomass is a fundamental starting point for the development of a virtuous energy chain that should pursue not only agricultural profitability, but also chain sustainability and that is less dependent on the global market, characterized by instability in terms of biomass availability and price. From this perspective, particular attention must be paid to crop choice on the basis of its rusticity and of its adaptability to local growing conditions and to low input cropping systems. In this context, alike woody and herbaceous biomasses, oil crops such as sunflower and rapeseed should be able to support local agricultural bioenergy chain in Italy. In addition, in a local bioenergy chain, the role of the farmers should not be limited just to grain production; but also grain processing should be performed at farm or consortium level in oilseed extraction plants well proportioned to the cropped surface. In this way, by means of a simple power generator, farmer could thus produce its own thermal and electric energy from the oil, maximizing his profit. This objective could also be achieved through the exploitation of the total biomass, including crop residues and defatted seed meals, that may be considered as fundamental additional economic and/or environmental benefits of the chain. This paper reports some results of three-years on-farm experiments on oil crop chain carried out in the framework of “Bioenergie” project, that was focused to enhance farmers awareness of these criteria and to the feasibility at open field scale of low-input cultivation of rapeseed, sunflower and Brassica carinata in seven Italian regions. In several on-farm experiences, these crops produced more than 800 kg ha-1 of oil with good energy properties. Defatted seed meals could be

  2. On Farm Agronomic and First Environmental Evaluation of Oil Crops for Sustainable Bioenergy Chains

    Directory of Open Access Journals (Sweden)

    Paolo Spugnoli

    2011-02-01

    Full Text Available Energy crops, and in particular oil crops, could be an important occasion for developing new non food production rows for a new multi-functional agriculture in Italy. In this view, the use of local biomass is a fundamental starting point for the development of a virtuous energy chain that should pursue not only agricultural profitability, but also chain sustainability and that is less dependent on the global market, characterized by instability in terms of biomass availability and price. From this perspective, particular attention must be paid to crop choice on the basis of its rusticity and of its adaptability to local growing conditions and to low input cropping systems. In this context, alike woody and herbaceous biomasses, oil crops such as sunflower and rapeseed should be able to support local agricultural bioenergy chain in Italy. In addition, in a local bioenergy chain, the role of the farmers should not be limited just to grain production; but also grain processing should be performed at farm or consortium level in oilseed extraction plants well proportioned to the cropped surface. In this way, by means of a simple power generator, farmer could thus produce its own thermal and electric energy from the oil, maximizing his profit. This objective could also be achieved through the exploitation of the total biomass, including crop residues and defatted seed meals, that may be considered as fundamental additional economic and/or environmental benefits of the chain. This paper reports some results of three-years on-farm experiments on oil crop chain carried out in the framework of “Bioenergie” project, that was focused to enhance farmers awareness of these criteria and to the feasibility at open field scale of low-input cultivation of rapeseed, sunflower and Brassica carinata in seven Italian regions. In several on-farm experiences, these crops produced more than 800 kg ha-1 of oil with good energy properties. Defatted seed meals could be

  3. Electric sales and revenue 1996

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-12-01

    Information is provided on electricity sales, associated revenue, average revenue per kilowatthour sold, and number of consumers throughout the US. The data provided in the Electric Sales and Revenue are presented at the national, Census division, State, and electric utility levels. The information is based on annual data reported by electric utilities for the calendar year ending December 31, 1996. 16 figs., 20 tabs.

  4. New generation of knowledge: Towards an inter- and transdisciplinary framework for sustainable pathways of palm oil production

    NARCIS (Netherlands)

    Hospes, O.; Kroeze, C.; Oosterveer, P.J.M.; Schouten, A.M.; Slingerland, M.A.

    2017-01-01

    The production and expansion of palm oil have emerged as a major and controversial issue in political and public debates in the North and the South on sustainable food and agriculture. Scientific research has played a marginal role in these debates that are characterized by black and white views on

  5. Biotechnological route for sustainable succinate production utilizing oil palm frond and kenaf as potential carbon sources.

    Science.gov (United States)

    Luthfi, Abdullah Amru Indera; Manaf, Shareena Fairuz Abdul; Illias, Rosli Md; Harun, Shuhaida; Mohammad, Abdul Wahab; Jahim, Jamaliah Md

    2017-04-01

    Due to the world's dwindling energy supplies, greater thrust has been placed on the utilization of renewable resources for global succinate production. Exploration of such biotechnological route could be seen as an act of counterbalance to the continued fossil fuel dominance. Malaysia being a tropical country stands out among many other nations for its plenty of resources in the form of lignocellulosic biomass. To date, oil palm frond (OPF) contributes to the largest fraction of agricultural residues in Malaysia, while kenaf, a newly introduced fiber crop with relatively high growth rate, holds great potential for developing sustainable succinate production, apart from OPF. Utilization of non-food, inexhaustible, and low-cost derived biomass in the form of OPF and kenaf for bio-based succinate production remains largely untapped. Owing to the richness of carbohydrates in OPF and kenaf, bio-succinate commercialization using these sources appears as an attractive proposition for future sustainable developments. The aim of this paper was to review some research efforts in developing a biorefinery system based on OPF and kenaf as processing inputs. It presents the importance of the current progress in bio-succinate commercialization, in addition to describing the potential use of different succinate production hosts and various pretreatments-saccharifications under development for OPF and kenaf. Evaluations on the feasibility of OPF and kenaf as fermentation substrates are also discussed.

  6. Renewable and sustainable bioenergies production from palm oil mill effluent (POME): win-win strategies toward better environmental protection.

    Science.gov (United States)

    Lam, Man Kee; Lee, Keat Teong

    2011-01-01

    Palm oil industry is one of the leading agricultural industries in Malaysia with average crude palm oil production of more than 13 million tonne per year. However, production of such huge amount of crude palm oil has consequently resulted to even larger amount of palm oil mill effluent (POME). POME is a highly polluting wastewater with high chemical oxygen demand (COD) and biochemical oxygen demand (BOD) in which can caused severe pollution to the environment, typically pollution to water resources. On the other hand, POME was identified as a potential source to generate renewable bioenergies such as biomethane and biohydrogen through anaerobic digestion. In other words, a combination of wastewater treatment and renewable bioenergies production would be an added advantage to the palm oil industry. In line with the world's focus on sustainability concept, such strategy should be implemented immediately to ensure palm oil is produced in an environmental friendly and sustainable manner. This review aims to discuss various technologies to convert POME to biomethane and biohydrogen in a commercial scale. Furthermore, discussion on using POME to culture microalgae for biodiesel and bioethanol production was included in the present paper as a new remedy to utilize POME with a greater beneficial return. Copyright © 2010 Elsevier Inc. All rights reserved.

  7. Nevada local government revenues analysis

    International Nuclear Information System (INIS)

    1988-06-01

    This report analyzes the major sources of revenue for Nevada local government for purposes of estimating the impacts associated with the siting of a nuclear waste repository at Yucca Mountain. Each major revenue source is analyzed separately to identify relationships between the economic or demographic base, the revenue base and the revenues generated. Trends and changes in the rates and/or base are highlighted. A model is developed for each component to allow impact estimation. This report is a companion to the report Nevada State Revenues Analysis

  8. Rubber seed oil: A potential renewable source of biodiesel for sustainable development in sub-Saharan Africa

    International Nuclear Information System (INIS)

    Onoji, Samuel E.; Iyuke, Sunny E.; Igbafe, Anselm I.; Nkazi, Diakanua B.

    2016-01-01

    Highlights: • Sub-Saharan Africa countries have about 251 million rubber trees with the capacity to produce over 16 kilo ton of biodiesel. • Rubber seed oil has wider industrial applications and its biodiesel properties compete favorably with other non-edible oils. • Rubber seed oil is a sustainable and affordable source of biodiesel for sub-Saharan Africa development. • Plantain peels that are in abundance in sub-Saharan Africa is a source of base catalyst for the transesterification of rubber seed oil. • This is no regulatory framework and bioenergy policy in sub-Saharan Africa on the use of waste rubber seeds. - Abstract: The global energy demand is currently met by the use of non-renewable fossil fuels. The challenges of non-availability of these fuels in the future, instability in prices of crude oil and its negative environmental impacts, stimulated researchers in the global community in search of renewable energies for replacement of fossil fuels in future. Biodiesel has been identified as a good complement and plausible replacement of fossil diesel because of the overwhelming characteristic properties similar to fossil diesel in addition to its good lubricity, biodegradability, non-toxicity and eco-friendliness when used in diesel engines. The production of biodiesel from edible vegetable oils competes with food consumption and consequently high cost of food and biodiesel. Studies have shown that rubber seed contains 35–45 wt.% oil which portrays a better competitor to other non-edible oil bearing plants in biodiesel production. Biodiesel produced from non-edible rubber seed oil (RSO) is an attractive option for the sustainable development of sub-Saharan Africa (SSA) countries that depend heavily on fossil diesel. The application of abundant plantain (Musa paradisiacal) peels considered as waste in SSA countries as heterogeneous base catalyst in RSO biodiesel production will further reduce the cost of biodiesel. Rubber trees (Hevea brasiliensis

  9. CO2 Enhanced Oil Recovery from the Residual Zone - A Sustainable Vision for North Sea Oil Production

    Science.gov (United States)

    Stewart, Jamie; Haszeldine, Stuart; Wilkinson, Mark; Johnson, Gareth

    2014-05-01

    This paper presents a 'new vision for North Sea oil production' where previously unattainable residual oil can be produced with the injection of CO2 that has been captured at power stations or other large industrial emitters. Not only could this process produce incremental oil from a maturing basin, reducing imports, it also has the capability to store large volumes of CO2 which can offset the emissions of additional carbon produced. Around the world oil production from mature basins is in decline and production from UK oil fields peaked in 1998. Other basins around the world have a similar story. Although in the UK a number of tax regimes, such as 'brown field allowances' and 'new field allowances' have been put in place to re-encourage investment, it is recognised that the majority of large discoveries have already been made. However, as a nation our demand for oil remains high and in the last decade imports of crude oil have been steadily increasing. The UK is dependent on crude oil for transport and feedstock for chemical and plastics production. Combined with the necessity to provide energy security, there is a demand to re-assess the potential for CO2 Enhanced Oil Recovery (CO2-EOR) in the UK offshore. Residual oil zones (ROZ) exist where one of a number of natural conditions beyond normal capillary forces have caused the geometry of a field's oil column to be altered after filling [1]. When this re-structuring happens the primary interest to the hydrocarbon industry has in the past been in where the mobile oil has migrated to. However it is now considered that significant oil resource may exist in the residual zone play where the main oil column has been displaced. Saturations within this play are predominantly close to residual saturation (Sr) and would be similar to that of a water-flooded field [2]. Evidence from a number of hydrocarbon fairways shows that, under certain circumstances, these residual zones in US fields are comparable in thickness to the

  10. Collective action in a smallholder oil palm production system in Indonesia: The key to sustainable and inclusive smallholder palm oil?

    NARCIS (Netherlands)

    Jelsma, Idsert; Slingerland, Maja; Giller, Ken E.; Bijman, Jos

    2017-01-01

    Indonesian smallholder oil palm generally yield much less than corporate plantations. We analysed a smallholder oil palm production system in West Sumatra which outperformed its nucleus estate plantation, consistently producing yields far above the national average for over 25 years. Its

  11. India’s Revenue Deficit: A Challenge Ahead

    OpenAIRE

    Sivakumar, Marimuthu; Venkatesh, K; Ayyasamy, M

    2001-01-01

    A developing country like India needs revenue surplus for the capital investment at the same time to pursue the economic development through demand expansion it needs expenditure especially in the social sectors such as health, education etc,. The recent global economic crisis also compels India to induce the expenditure for sustainability of the growth that it has achieved recently. This also needs enormous expenditure. On the other hand, current expenditure over current revenue of an econom...

  12. Seigniorage revenue and Turkish economy

    OpenAIRE

    Levent, Korap

    2006-01-01

    In our paper, we try to investigate the courses of inflation tax and seigniorage revenue for policy makers of the Turkish economy. For this purpose, we first construct an ex-ante seigniorage revenue maximizing inflation model, and then calculate annual inflation tax and seigniorage revenues for the post-1980 period Turkish economy. Following these theoretical issues, an empirical model is constructed upon the Turkish economy, and our expost estimation results reveal that inside the period con...

  13. Electric sales and revenue 1997

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-10-01

    The Electric Sales and Revenue is prepared by the Electric Power Division; Office of Coal, Nuclear, Electric and Alternate Fuels; Energy Information Administration (EIA); US Department of Energy. Information is provided on electricity sales, associated revenue, average revenue per kilowatthour sold, and number of consumers throughout the US. The data provided in the Electric Sales and Revenue are presented at the national, Census division, State, and electric utility levels. The information is based on annual data reported by electric utilities for the calendar year ending December 31, 1997. 16 figs., 17 tabs.

  14. Impact resistance of sustainable construction material using light weight oil palm shells reinforced geogrid concrete slab

    International Nuclear Information System (INIS)

    Muda, Z C; Usman, F; Beddu, S; Alam, M A; Mustapha, K N; Birima, A H; Sidek, L M; Rashid, M A; Malik, G; Zarroq, O S

    2013-01-01

    This paper investigate the performance of lightweight oil palm shells (OPS) concrete slab with geogrid reinforcement of 300mm × 300mm size with 20mm, 30mm and 40 mm thick casted with different geogrid orientation and boundary conditions subjected to low impact projectile test. A self-fabricated drop-weight impact test rig with a steel ball weight of 1.2 kg drop at 1 m height has been used in this research work. The main variables for the study is to find the relationship of the impact resistance the slab thickness, boundary conditions and geogrid reinforcement orientation. Test results indicate that the used of the geogrid reinforcement increased the impact resistance under service (first) limit crack up to 5.9 times and at ultimate limit crack up to 20.1 times against the control sample (without geogrid). A good linear relationship has been established between first and ultimate crack resistance against the slab thickness. The orientation of the geogrid has minor significant to the crack resistance of the OPS concrete slab. OPS geogrid reinforced slab has a good crack resistance properties that can be utilized as a sustainable impact resistance construction materials.

  15. Sustainable supply chain design for waste cooking oil-based biodiesel in bogor using dynamic system approach

    Science.gov (United States)

    Syahdan, A. D.; Arkeman, Y.; Wijaya, H.

    2017-05-01

    Biodiesel is one of the alternative fuels that are environmentally friendly. Besides palm oil, biodiesel can also be produced from waste cooking oil. Since 2007, the government of Bogor has been utilizing waste cooking oil into biodiesel for use as Transpakuan bus’ fuel. However, in practice, the amount of waste cooking oil supplied is never sufficient the needs of fuel of 30 units Transpakuan bus. The main objective of this research is to analyze the availability of waste cooking oil that will be converted into biodiesel within the next ten years as well as providing policy advice to support the program. The method used is a dynamic system that is followed by simulation of multiple scenarios that have been defined. The system is divided into three subsystems, namely supply subsystem, demand subsystem, and production subsystem. The results showed that the current system is not able to guarantee the sustainability of the supply chain of waste cooking oil as a raw material of biodiesel. From some of the scenarios tested can be concluded that biodiesel needs would increase in line with the trend of the use of environmentally friendly fuels. It takes a new system and a new policy relating to the biodiesel supply chain. Policy suggestions that can be proposed from this research is to increase supplier participation, objectify the program of converting angkot into Transpakuan bus, and support the development of biodiesel industry.

  16. ANALISIS PENGELOLAAN LINGKUNGAN PABRIK KELAPA SAWIT BATU AMPAR - PT. SMART Tbk. DALAM IMPLEMENTASI INDONESIAN SUSTAINABLE PALM OIL

    Directory of Open Access Journals (Sweden)

    Hendra Septiawan

    2015-12-01

    Full Text Available Indonesian Sustainable Palm Oil (ISPO is a standard system of sustainable palm oil plantations in Indonesia are economically viable, socially viable and environmentally friendly which is compulsory in accordance with the regulations. This study aims to analyze the environmental management performance in palm oil mill Batu Ampar and formulate the performance optimization based on the ISPO requirements. The evaluation shows that the company can meet the 38 indicators related to environmental management with some of the achievements include utilization of renewable energy sources that generate energy by 5.0664 million KWh, amounting to 1,677,615.89 liters of diesel fuel savings, reduction in CO2 emissions by 70.63 Kg / ton CPO, chemical fertilizers worth saving Rp.5.750.080,00 / ha / year. The optimization strategy for continuous improvement which is based on the SWOT analysis include: the selection of accredited laboratories, improve the performance of Waste Water Treatment Plant, planned to construct methane capture, optimizing the utilization of solid waste, optimizing the reduction of hazardous waste, provide input in determining government policy, and training routine related to environmental management to improve the competence of personnel.Keywords: environmental management, optimization, performance, sustainable

  17. Forecasting College and University Revenues.

    Science.gov (United States)

    Primary Research Group, Inc., New York, NY.

    This report examines issues and trends in college and university revenues. An introduction describes the study's organization and identifies data sources. An overview chapter summarizes major findings, including a forecast of college and university revenues from 1997 through 2001; trends in consumer spending on higher education; trends in tuition…

  18. Data as a revenue model

    DEFF Research Database (Denmark)

    Bechmann, Anja; Bilgrav-Nielsen, Kristine; Korsgaard Jensen, Anne-Louise

    2016-01-01

    Does data solve the crisis in legacy news companies? This article discusses data as a revenue model and the use of editorial algorithms to curate content and still meet public values. Furthermore, the article criticizes the news companies for using data in traditional advertisement revenue models...... legacy news companies, but from born-digital ones....

  19. Mechanical - physical treatment of used motor oil within a sustainable waste management system

    Directory of Open Access Journals (Sweden)

    Đukić Veljko N.

    2015-01-01

    Full Text Available Waste oils are all mineral or synthetic oils that cannot be used for the purpose for which they were originally produced. These are: hydraulic oils, motor oils, ship oils, liquids for the transfer of heat or insulation, oily remains from reservoirs, oil-water emulsions and various oil-water mixtures. In its chemical makeup used motor oil contains hydrocarbons, organic minerals, heavy metals (cobalt, magnesium, iron, zinc, sulfur, chlorine, nitrogen, phosphorus, compounds from additives and other products that are dangerous as they have cancerous effects on health. As it is considered the biggest contaminant of the environment and classified as hazardous waste; special attention must be given in the handling of used motor oil to ensure its appropriate disposal. Setting up of a viable system for Mechanical-Physical Treatment of used motor oil makes it possible to re-use it as a secondary raw material i.e. the problem of collection, transportation, treatment and storing of the used motor oil is being solved. . The subject of this research is the advantage of the mechanical-physical treatment of used motor oil. Re- refined motor oil can be used for multiple purposes such as a base for the other synthetic oils, for heating etc. Improper disposal of used motor oil causes multiple damage; firstly, losing the valuable secondary base which, with the addition of certain additives, can be used as the basis for the other synthetic oils; secondly, causing damage to the environment by the pollution with inability to repair the damage to all environmental components.

  20. Promoting sustainable palm oil: viewed from a global networks and flows perspective

    NARCIS (Netherlands)

    Oosterveer, P.J.M.

    2015-01-01

    Global demand for palm oil is increasing to fulfil worldwide needs for cooking oil, food ingredients, biofuels, soap and other chemicals. In response, palm oil production is rapidly expanding which promotes economic growth in producing countries but also leads to serious environmental and social

  1. H.R.1671: A bill to amend the Internal Revenue Code of 1986 with respect to the treatment of foreign oil and gas income, introduced in the House of Representatives, One Hundred Second Congress, First Session, April 9, 1991

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    The bill explains special rules for foreign tax credit with respect to foreign oil and gas income by amending the following sections: certain taxes not creditable; separate baskets for foreign oil and gas extraction income and foreign oil related income; and elimination of deferral for foreign oil and gas extraction income. The effective date would be December 31, 1991

  2. Sustainable transformation of palm oil mill waste into organic fertilizer through vermicomposting.

    OpenAIRE

    Lim, Su Lin

    2017-01-01

    Crude palm oil production is one of the major industries in Malaysia and this country is one of the major exporters of palm oil globally. The increasing global demand for edible oils has resulted in the increase of oil palm cultivation. The rapid expansion of the oil palm industry inevitably contributes to the growth and development of the national agriculture industry but there are concerns over the large amount of waste that are being generated. Among the by-products generated from crude pa...

  3. Comparative Study and Critical Analysis of Sustainability Reporting in the Oil and Gas Sector

    OpenAIRE

    Thomas, Prakash M.

    2006-01-01

    Oil and Gas sector is one of the largest and major economic sectors globally. It is also one of the most critical in terms of being a basic driver for all other economic activities worldwide. In the recent times we have seen large scale volatility in Oil and Gas prices and a surge in huge profits for Oil and Gas sector companies. Oil and Gas sector is also one of the major sectors with tremendous impact on not just environmental factors but also on Social and Economic factors. All major Oil a...

  4. A holistic approach to managing palm oil mill effluent (POME): biotechnological advances in the sustainable reuse of POME.

    Science.gov (United States)

    Wu, Ta Yeong; Mohammad, Abdul Wahab; Jahim, Jamaliah Md; Anuar, Nurina

    2009-01-01

    During the last century, a great deal of research and development as well as applications has been devoted to waste. These include waste minimization and treatment, the environmental assessment of waste, minimization of environmental impact, life cycle assessment and others. The major reason for such huge efforts is that waste generation constitutes one of the major environmental problems where production industries are concerned. Until now, an increasing pressure has been put on finding methods of reusing waste, for instance through cleaner production, thus mirroring rapid changes in environmental policies. The palm oil industry is one of the leading industries in Malaysia with a yearly production of more than 13 million tons of crude palm oil and plantations covering 11% of the Malaysian land area. However, the production of such amounts of crude palm oil result in even larger amounts of palm oil mill effluent (POME), estimated at nearly three times the quantity of crude palm oil. Normally, POME is treated using end-of-pipe processes, but it is worth considering the potential value of POME prior to its treatment through introduction of a cleaner production. It is envisaged that POME can be sustainably reused as a fermentation substrate in the production of various metabolites, fertilizers and animal feeds through biotechnological advances. The present paper thus discusses various technically feasible and economically beneficial means of transforming the POME into low or preferably high value added products.

  5. Construction contract revenue recording comparison

    Directory of Open Access Journals (Sweden)

    Hana Bohušová

    2008-01-01

    Full Text Available Publicly traded companies prepare their consolidated accounts in conformity with the international accounting standards (IAS/IFRS in accordance with the Regulation No. 1606/2002. This is obliged for all publicly traded joint-stock companies in the Czech Republic. Other companies prepare financial statements in accordance with national accounting standards. There are Accounting Act No. 563/1991 of Coll. and Regulation No. 500/2002 of Coll., Czech Accounting Standards in the Czech Republic. Both systems are based on different principles so there are many differences. The Czech Accounting System (CAS is based on the rules while IAS/IFRS are based on principles (Kovanicová, 2005. These differences are mainly caused by the different philosophy. CAS prefers the fiscal policy to the economic substance while IAS/IFRS prefere the economic substance. One of the most significant dif­fe­ren­ces is in the field of revenue recording. There are two standards concerning the revenues recording (IAS 18 − Revenue, IAS 11 – Construction Contracts in IAS/IFRS. CAS 019 – Expenses and Revenue are dealing with the revenue recording in the Czech Republic. The paper is aimed at the comparison of the methodical approaches for revenue recording used by IAS/IFRS and by CAS. The most important differences are caused by the different approach to the long term contracts (construction contracts, software development contracts revenues recording.

  6. The other side of oil dependence

    International Nuclear Information System (INIS)

    Mitchell, John V.

    2006-01-01

    Policy makers in oil-importing countries express concern about political instability in exporting countries, and their willingness to invest for future exports. In fact, the petroleum exporting countries are more dependent on oil trade than the importing countries, and can be expected to invest to support this trade. They depend on growing foreign currency earnings and government revenue to sustain their economic growth and face difficult adjustments when, in the future, petroleum production ceases to grow. Failure to invest in the petroleum sector would accelerate their difficulties, but they also need to develop an export-oriented, tax generating growth outside petroleum

  7. A value chain analysis for sustainable development of olive oil agro-industry: the case of Algeria

    Directory of Open Access Journals (Sweden)

    Melkhire Boudi

    2016-12-01

    Full Text Available This study analyzes the performance of the olive oil value chain in Algeria and identifies the bottlenecks that must be overcome to achieve sustainable development. Surveys were carried out and interviews conducted during a five-year period. Value chain approach was used as a tool to analyze the entire chain. The results showed that despite the value chain was found to be profitable for all chain actors, significant shortcomings and bottlenecks continue to undermine the overall development of the value chain. Major bottlenecks to improve productivity and value added were the poor agricultural practice and institutional environment; issues related to natural, structural, technology and economic environment; lack of market transparency; market uncertainties; lack of quality control; absence of traceability monitoring system throughout the chain; lack of certification and labelling; almost total absences of organized structures exist around the product; and limited effectiveness of agricultural extension services with low involvement of farmers and millers in professional organization related to olive oil industry. However, Algeria’s olive oil value chain has great potential for future development and currently, the country has an important advantage in terms of current development policies, the use of technology, and the extension of olive tree acreage. Nevertheless, the following upgrading strategies are recommended to enhance sustainability: improvement in product and process; changing in functional position; access to market; supply; cross distribution chain; and intra-chain linkage

  8. 30 CFR 201.100 - Responsibilities of the Associate Director for Minerals Revenue Management.

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false Responsibilities of the Associate Director for Minerals Revenue Management. 201.100 Section 201.100 Mineral Resources MINERALS MANAGEMENT SERVICE, DEPARTMENT OF THE INTERIOR MINERALS REVENUE MANAGEMENT GENERAL Oil and Gas, Onshore § 201.100...

  9. Federal offshore statistics: 1995 - leasing, exploration, production, and revenue as of December 31, 1995

    International Nuclear Information System (INIS)

    Gaechter, R.A.

    1997-01-01

    This report provides data on federal offshore operations for 1995. Information is included for leasing activities, development, petroleum and natural gas production, sales and royalties, revenue from federal offshore leasing, disbursement of federal revenues, reserves and resource estimates, and oil pollution in U.S. and international waters

  10. Federal offshore statistics: 1995 - leasing, exploration, production, and revenue as of December 31, 1995

    Energy Technology Data Exchange (ETDEWEB)

    Gaechter, R.A.

    1997-07-01

    This report provides data on federal offshore operations for 1995. Information is included for leasing activities, development, petroleum and natural gas production, sales and royalties, revenue from federal offshore leasing, disbursement of federal revenues, reserves and resource estimates, and oil pollution in U.S. and international waters.

  11. Fiscal Sustainability, Public Investment, and Growth in Natural Resource-Rich, Low-Income Countries; The Case of Cameroon

    OpenAIRE

    Issouf Samaké; Priscilla S Muthoora; Bruno Versailles

    2013-01-01

    This paper assesses the implications of the use of oil revenue for public investment on growth and fiscal sustainability in Cameroon. We develop a dynamic stochastic general equilibrium model to analyze the effects of such investment on growth and on the path of key fiscal indicators, such as the non-oil primary deficit and public debt. Policy scenarios show that Cameroon’s large infrastructural needs and relatively low current debt levels could justify a temporary deviation from traditional ...

  12. Utilization of oil extracted from spent coffee grounds for sustainable production of polyhydroxyalkanoates.

    Science.gov (United States)

    Obruca, Stanislav; Petrik, Sinisa; Benesova, Pavla; Svoboda, Zdenek; Eremka, Libor; Marova, Ivana

    2014-07-01

    Spent coffee grounds (SCG), an important waste product of the coffee industry, contain approximately 15 wt% of coffee oil. The aim of this work was to investigate the utilization of oil extracted from SCG as a substrate for the production of poly(3-hydroxybutyrate) (PHB) by Cupriavidus necator H16. When compared to other waste/inexpensive oils, the utilization of coffee oil resulted in the highest biomass as well as PHB yields. Since the correlation of PHB yields and the acid value of oil indicated a positive effect of the presence of free fatty acids in oil on PHB production (correlation coefficient R (2) = 0.9058), superior properties of coffee oil can be probably attributed to the high content of free fatty acids which can be simply utilized by the bacteria culture. Employing the fed-batch mode of cultivation, the PHB yields, the PHB content in biomass, the volumetric productivity, and the Y P/S yield coefficient reached 49.4 g/l, 89.1 wt%, 1.33 g/(l h), and 0.82 g per g of oil, respectively. SCG are annually produced worldwide in extensive amounts and are disposed as solid waste. Hence, the utilization of coffee oil extracted from SCG is likely to improve significantly the economic aspects of PHB production. Moreover, since oil extraction decreased the calorific value of SCG by only about 9 % (from 19.61 to 17.86 MJ/kg), residual SCG after oil extraction can be used as fuel to at least partially cover heat and energy demands of fermentation, which should even improve the economic feasibility of the process.

  13. 3. quarter 2006 sales revenue

    International Nuclear Information System (INIS)

    2006-10-01

    This document presents the sales revenue of the 3. quarter 2006 for the Group AREVA. The sales revenues for the first nine months of 2006 are up by 8,1% to 7,556 millions euros; the nuclear operations are up by 5,2% reflecting strong performance in the front end division; the transmission and distribution division is up by 14%. (A.L.B.)

  14. A Recovery Program for Alberta: A 10-Year Plan to End the Addiction to Resource Revenues

    Directory of Open Access Journals (Sweden)

    Ronald D. Kneebone

    2013-03-01

    Full Text Available Alberta has a substance-abuse problem. The substance is fossil fuels, and the province has become hooked on the revenues from oil and gas sales to fund its spending on health, education and social services. As we are so often told, the first step in beating an addiction is admitting that a compulsion has gotten out of control. Recent announcements suggest that Alberta’s leaders appear to have finally taken that first crucial step. We applaud them for doing so. But if they plan to get this addiction under control and so ward off the sort of financial turmoil that has tormented Alberta in the past, they will have to do more. In this note we provide a menu of policy choices all of which take the government to a sustainable budget by 2023. They all involve reductions in what we identify as the government’s Budget Gap — that is, the difference between its spending and all its revenue besides the revenue it earns from nonrenewable resources. The size of that gap summarizes just how much provincial government spending on health care, education and social services is at the mercy of commodity-market swings. If current trajectories of government spending continue, then in another 10 years the gap will be nearly 4 times what it was in 1999. Reducing the size of the Budget Gap is necessary to protect Albertans from repeatedly suffering wide swings in levels of public service, shifting tax rates and plunges into deficit and debt. We identify a variety of ways to achieve fiscal sustainability over 10 years. Our investigation highlights two key results. First, provincial spending on health care currently comprises 40 per cent of provincial expenditures and is growing at a rate that causes it to double every 20 years. Exempting health care spending from cuts comes at the price of draconian cuts to education and social services of over 30% even after adjusting for inflation and population growth. It is therefore hard to fathom that constraints on health

  15. Utilization of Palm Oil Fuel Ash and Rice Husks in Unfired Bricks for Sustainable Construction Materials Development

    Directory of Open Access Journals (Sweden)

    Saleh A.M

    2014-01-01

    Full Text Available The production of sustainable construction component could prevent and control the pollution and environmental degradation in Malaysia. This is a key area in Malaysia’s Green Strategies (Ministry of Science, Technology and the environment, 2002. This paper reports on the laboratory investigation to establish the potential of utilizing Palm Oil Fuel Ash (POFA and Rice Husk (RH in developing green construction components. Malaysian Palm Oil Council (MPOC reported that currently Malaysia’s contribution to world palm oil production is 39% and has taken 44% of world exports. Consequently it will increase the POFA production in palm oil manufacturing and this waste sometimes dispose in open area near the factory. On the other hand Malaysia also producing more 300k hectares of paddy production, thus rice husk is also a concern as an agricultural waste. The research objective is to study on the potential of utilizing of agricultural waste in developing of green bricks. This research involved laboratory investigations. In this research 2% - 10% of POFA and 1% - 5% RH were used in the mix composition of the brick’s weight. Addition of POFA was aimed to reduce the cement usage and RH was added to reduce sand in the bricks. The bricks were manually pressed in Materials Laboratory in Faculty of Architecture, Planning and Surveying, UiTM Shah Alam. The result showed that the addition of POFA and RH are able to reduce the density but in contrast the compressive strength were decrease compare to the control unit.

  16. Revenue generation strategies in sub-Saharan African universities

    NARCIS (Netherlands)

    Gebreyes, F.M.

    2015-01-01

    Financial sustainability is one of the key challenges for public universities in both developed and developing countries. Using a resource dependence approach, this study explores the issue of revenue generation in Sub-Saharan African universities. It analyses the diversification strategies that

  17. Doping of magnetite nanoparticles facilitates clean harvesting of diatom oil as biofuel for sustainable energy

    Science.gov (United States)

    Kumar, Vikas; Singh, Ramesh; Thakur, Shipra; Ballabh Joshi, Khashti; Vinayak, Vandana

    2018-04-01

    Photosynthetic unicellular brown algae diatoms are considered as photobioreactors (PBRs) that synthesize and store oil in the form of lipid droplets and the much of the crude oil we use comes from fossil diatoms. The clean extraction of this crude oil from diatoms is difficult task. The construction of green chemical protocols for the clean separation of diatom oil from cells without killing or to harm the diatom cells is still in its primitive stage. In this report we would like to propose that facile doping of magnetite on diatoms can be used for clean oil separation in PBRs. We doped magnetite nanoparticles onto the surface of diatom Diadesmis confervaceae a diatom which oozes oil naturally. Doping magnetite onto diatoms can also facilitate easy separation of oil when cells are kept in an electromagnetic field. The cell wall of diatom besides having SiOH group has 281 amino acids of which 187–188 amino acids are conserved and are known for metal binding sites. The magnetite nanoparticles bind to the SiOH groups and metal binding sites of amino acids. The presence of appropriate amine functionalized linkers forming peptide aminosilane shells can further facilitate the binding of peptide/polypeptides which can be used in drug delivery. Besides this the magnetite doped diatoms have wide applications in removal of phosphates and chromium from waste water too.

  18. CAUSALITY BETWEEN TAX REVENUE AND GOVERNMENT SPENDING IN MALAYSIA

    OpenAIRE

    Roshaiza Taha; Nanthakumar Loganathan

    2008-01-01

    The trend of tax collection in Malaysia is inconsistent, changing upward and downward depending upon economic conditions. However, over a 30 year period, most years show an increasing increment in total collection. The exceptions are when there is an abnormal economic condition such as financial crisis, war or increase in world oil prices. Total tax revenue has always been a major contribution to Malaysia’s federal government revenue. Income tax is one of the surest ways to fund the governm...

  19. The Oil Industry in Macaé: characteristics and socioeconomic impacts under the perspective of sustainable development

    Directory of Open Access Journals (Sweden)

    Walter Luiz de Mello Loureiro

    2015-02-01

    Full Text Available This study aims to analyze and discuss the main socioeconomic aspects of the evolutionary process of local development, after the arrival of the oil industry in Macaé. The methodology consisted of an exploratory and documentary research to base the study on the concepts of sustainability and local development. Results show the existing social externalities, the exploratory and centralized model of the undertaking, its impacts on local enterprises and society, and the absence of a better planning and management shared among the social, business and political actors involved. These findings are supported by experiences reported worldwide, and are associated with distributive environmental conflicts. Therefore, one can consider as indicative, the need for a more useful discussion about the spatial, cultural, political and social problems of the regions as a tool able to provide planned actions towards sustainability.

  20. Effectiveness of Roundtable on Sustainable Palm Oil (RSPO) for reducing fires on oil palm concessions in Indonesia from 2012 to 2015

    Science.gov (United States)

    Cattau, Megan E.; Marlier, Miriam E.; DeFries, Ruth

    2016-10-01

    Fire is a common tool for land conversion and management associated with oil palm production. Fires can cause biodiversity and carbon losses, emit pollutants that deteriorate air quality and harm human health, and damage property. The Roundtable on Sustainable Palm Oil (RSPO) prohibits the use of fire on certified concessions. However, efforts to suppress fires are more difficult during El Niño conditions and on peatlands. In this paper, we address the following questions for oil palm concessions developed prior to 2012 in Sumatra and Kalimantan, the leading producers of oil palm both within Indonesia and globally: (1) for the period 2012-2015, did RSPO-certified concessions have a lower density of fire detections, fire ignitions, or ‘escaped’ fires compared with those concessions that are not certified? and (2) did this pattern change with increasing likelihood of fires in concessions located on peatland and in dry years? These questions are particularly critical in fuel-rich peatlands, of which approximately 46% of the area was designated as oil palm concession as of 2010. We conducted propensity scoring to balance covariate distributions between certified and non-certified concessions, and we compare the density of fires in certified and non-certified concessions using Kolmogorov-Smirnov tests based on moderate resolution imaging spectroradiometer Active Fire Detections from 2012-2015 clustered into unique fire events. We find that fire activity is significantly lower on RSPO certified concessions than non-RSPO certified concessions when the likelihood of fire is low (i.e., on non-peatlands in wetter years), but not when the likelihood of fire is high (i.e., on non-peatlands in dry years or on peatlands). Our results provide evidence that RSPO has the potential to reduce fires, though it is currently only effective when fire likelihood is relatively low. These results imply that, in order for this mechanism to reduce fire, additional strategies will be

  1. Methane’s Role in Promoting Sustainable Development in the Oil and Natural Gas Industry

    Science.gov (United States)

    The document summarizes a number of established methods to identify, measure and reduce methane emissions from a variety of equipment and processes in oil and gas production and natural gas processing and transmission facilities.

  2. Sustainability

    OpenAIRE

    Harris, Nora; Shealy, Tripp; Klotz, Leidy

    2016-01-01

    Across fields, more sustainable and resilient outcomes are being realized through a whole systems design perspective, which guides decision-makers to consider the entire system affected including interdependent physical and social networks. Although infrastructure is extremely interdependent, consisting of diverse stakeholders and networks, the infrastructure design and construction process is often fragmented. This fragmentation can result in unnecessary tradeoffs, leading to poor outcomes f...

  3. THE CHALLENGES OF RAISING REVENUES AND RESTRUCTURING SUBSIDIES IN MALAYSIA

    Directory of Open Access Journals (Sweden)

    Suresh Narayanan

    2007-01-01

    Full Text Available Malaysia has run deficit budgets in all but five years since 1970 but past deficits have been managed thanks to substantial oil revenues and high domestic savings. However, the slow growth or decline of several traditional sources of revenue and the rising subsidy bill since 2007 have given pause for reflection on the traditional approach to fiscal management. In this paper, it is argued that fiscal management must not only centre around reducing non-productive expenditures and wasteful leakages but must also confront the problem of reducing and restructuring subsidies, particularly to petrol and petroleum-related products. The global dip in petroleum process has fortuitously provided the respite needed for such an exercise and should not lull policy makersinto complacency. When the economy recovers from the currentdownswing, a solid revenue raising instrument such as the value-addedtax must be introduced in order to wean the economy away from thecurrent over reliance on petroleum-based taxes.

  4. INTERNATIONAL ACCOUNTING TREATMENT REGARDING REVENUE

    Directory of Open Access Journals (Sweden)

    ECOBICI NICOLAE

    2014-08-01

    Full Text Available This paper discusses the news on international accounting treatments of revenue arising from the extensive process of convergence between IASB and FASB that began in 2002. The starting point of this approach is to identify the treatments currently applicable to income. Finally we presented a summary of the main provisions of the new standard IFRS 15 “Revenue from Contracts with Customers”, which replaces IAS 11 and IAS 18 (as well as a number of SIC and IFRIC interpretations required to be applied from January 1, 2017, emphasizing the potential impact on entities.

  5. Six sigma for revenue retrieval.

    Science.gov (United States)

    Plonien, Cynthia

    2013-01-01

    Deficiencies in revenue retrieval due to failures in obtaining charges have contributed to a negative bottom line for numerous hospitals. Improving documentation practices through a Six Sigma process improvement initiative can minimize opportunities for errors through reviews and instill structure for compliance and consistency. Commitment to the Six Sigma principles with continuous monitoring of outcomes and constant communication of results to departments, management, and payers is a strong approach to reducing the financial impact of denials on an organization's revenues and expenses. Using Six Sigma tools can help improve the organization's financial performance not only for today, but also for health care's uncertain future.

  6. The Honduran palm oil industry: Employing lessons from Malaysia in the search for economically and environmentally sustainable energy solutions

    Energy Technology Data Exchange (ETDEWEB)

    Craven, Catherine, E-mail: cec6@sfu.ca [Latin American Studies Program, Simon Fraser University, Burnaby, British Columbia (Canada)

    2011-11-15

    Honduras is actively seeking ways to expand its palm oil industry for the purpose of processing biofuels for both internal consumption and export. This would be a critical juncture for Honduras, presenting an opportunity to move beyond the export of basic agricultural commodities and a history of path dependency and weak economic indicators. In order to glean lessons on how to approach palm oil expansion in the most effective manner, I turn to the Malaysian case. Once impoverished, Malaysia expanded plantations, promoted technological innovation, and provided financial incentives and tax structures to develop one of the most sophisticated palm oil industries in the world. In this paper, the insights to be gleaned from the Malaysian case are organized into three key themes: Governance, Investing in Research and Human Capital, and The Environment. Recommendations for Honduras include: increased collaboration with funding bodies, NGOs and universities to foster research; fiscal policies that support the development of a domestic market; and key environmental controls to ensure sustainability in the long term. These insights offer practical and pragmatic solutions not only for Honduras, but also the wider community of small, tropical, developing nations seeking to develop a viable biofuels sector. - Research Highlights: > The Malaysian biofuels industry provides key lessons for Honduras as is seeks to further develop this sector. > Malaysian Governance and Investments in Human Capital provide examples for Honduras. > Malaysian environmental policy in this sector provides a cautionary tale. > Recommendations are tailored to the Honduran context.

  7. The Honduran palm oil industry: Employing lessons from Malaysia in the search for economically and environmentally sustainable energy solutions

    International Nuclear Information System (INIS)

    Craven, Catherine

    2011-01-01

    Honduras is actively seeking ways to expand its palm oil industry for the purpose of processing biofuels for both internal consumption and export. This would be a critical juncture for Honduras, presenting an opportunity to move beyond the export of basic agricultural commodities and a history of path dependency and weak economic indicators. In order to glean lessons on how to approach palm oil expansion in the most effective manner, I turn to the Malaysian case. Once impoverished, Malaysia expanded plantations, promoted technological innovation, and provided financial incentives and tax structures to develop one of the most sophisticated palm oil industries in the world. In this paper, the insights to be gleaned from the Malaysian case are organized into three key themes: Governance, Investing in Research and Human Capital, and The Environment. Recommendations for Honduras include: increased collaboration with funding bodies, NGOs and universities to foster research; fiscal policies that support the development of a domestic market; and key environmental controls to ensure sustainability in the long term. These insights offer practical and pragmatic solutions not only for Honduras, but also the wider community of small, tropical, developing nations seeking to develop a viable biofuels sector. - Research highlights: → The Malaysian biofuels industry provides key lessons for Honduras as is seeks to further develop this sector. → Malaysian Governance and Investments in Human Capital provide examples for Honduras. → Malaysian environmental policy in this sector provides a cautionary tale. → Recommendations are tailored to the Honduran context.

  8. Economic Exposure to Oil Price Shocks and the Fragility of Oil-Exporting Countries

    Directory of Open Access Journals (Sweden)

    Toon Vandyck

    2018-04-01

    Full Text Available From a price range between 100 and 120 USD (U.S. dollars per barrel in 2011–2014, the crude oil price fell from mid-2014 onwards, reaching a level of 26 USD per barrel in January 2016. Here we assess the economic consequences of this strong decrease in the oil price. A retrospective analysis based on data of the past 25 years sheds light on the vulnerability of oil-producing regions to the oil price volatility. Gross domestic product (GDP and government revenues in many Gulf countries exhibit a strong dependence on oil, while more diversified economies improve resilience to oil price shocks. The lack of a sovereign wealth fund, in combination with limited oil reserves, makes parts of Sub-Saharan Africa particularly vulnerable to sustained periods of low oil prices. Next, we estimate the macroeconomic impacts of a 60% oil price drop for all regions in the world. A numerical simulation yields a global GDP increase of roughly 1% and illustrates how the regional impact on GDP relates to oil export dependence. Finally, we reflect on the broader implications (such as migration flows of macroeconomic responses to oil prices and look ahead to the challenge of structural change in a world committed to limiting global warming.

  9. Sustainable energy transitions in emerging economies: The formation of a palm oil biomass waste-to-energy niche in Malaysia 1990–2011

    DEFF Research Database (Denmark)

    Hansen, Ulrich Elmer; Nygaard, Ivan

    2014-01-01

    The economic development in emerging economies in Southeast Asia has significantly increased the use of fossil fuel based energy. This has severe implications for global climate change, and against this background, scholars within the sustainable transition tradition have taken an interest...... in addressing how transitions towards more sustainable development pathways in this region may be achieved. This paper contributes to the abovementioned literature by examining the conducive and limiting factors for development and proliferation of a palm oil biomass waste-to-energy niche in Malaysia during...... the period 1990–2011. Rising oil prices, strong pressure on the palm oil industry from environmental groups, and a persisting palm oil biomass waste disposal problem in Malaysia appear to have been conducive to niche proliferation, and on top of this national renewable energy policies and large-scale donor...

  10. Hydrophobic nanocellulose aerogels as floating, sustainable, reusable, and recyclable oil absorbents.

    Science.gov (United States)

    Korhonen, Juuso T; Kettunen, Marjo; Ras, Robin H A; Ikkala, Olli

    2011-06-01

    Highly porous nanocellulose aerogels can be prepared by vacuum freeze-drying from microfibrillated cellulose hydrogels. Here we show that by functionalizing the native cellulose nanofibrils of the aerogel with a hydrophobic but oleophilic coating, such as titanium dioxide, a selectively oil-absorbing material capable of floating on water is achieved. Because of the low density and the ability to absorb nonpolar liquids and oils up to nearly all of its initial volume, the surface modified aerogels allow to collect organic contaminants from the water surface. The materials can be reused after washing, recycled, or incinerated with the absorbed oil. The cellulose is renewable and titanium dioxide is not environmentally hazardous, thus promoting potential in environmental applications. © 2011 American Chemical Society

  11. Supply Chain Sustainability Analysis of Fast Pyrolysis and Hydrotreating Bio-Oil to Produce Hydrocarbon Fuel

    Energy Technology Data Exchange (ETDEWEB)

    Adom, Felix K.; Cai, Hao; Dunn, Jennifer B.; Hartley, Damon; Searcy, Erin; Tan, Eric; Jones, Sue; Snowden-Swan, Lesley

    2016-03-31

    This report describes the supply chain sustainability analysis (SCSA) of renewable gasoline and diesel produced via fast pyrolysis of a blended woody feedstock. The metrics considered in this analysis include supply chain greenhouse gas (GHG) emissions and water consumption.

  12. Waste to Wealth: Hidden Treasures in the Oil Palm Industry

    International Nuclear Information System (INIS)

    Loh Soh Kheang; Astimar Abdul Aziz; Ravigadevi Sambathamurthi; Mohd Basri Wahid

    2010-01-01

    The palm oil industry plays an important role in the creation of waste to wealth using the abundant oil palm biomass resources generated from palm oil supply chain i.e. upstream to downstream activities. The oil palm biomass and other palm-derived waste streams available are oil palm trunks (felled), fronds (felled and pruned), shell, mesocarp fibers, empty fruit bunches (EFB), palm oil mill effluent (POME), palm kernel expelled (PKE), palm fatty acid distillates (PFAD), used frying oil (UFO), residual oil from spent bleaching earth (SBE) and glycerol. For 88.5 million tonnes of fresh fruit bunches (FFB) processed in 2008, the amount of oil palm biomass generated was more than 25 million tones (dry weight basis) with the generation of 59 million tonnes of POME from 410 palm oil mills. Oil palm biomass consists of mainly lignocellulose materials that can be potentially and fully utilized for renewable energy, wood-based products and high value-added products such as pytonutrients, phenolics, carotenes and vitamin E. Oil palm biomass can be converted to bio energy with high combustible characteristics such as briquettes, bio-oils, bio-producer gas, boiler fuel, biogas and bio ethanol. Oil palm biomass can also be made into wood-based products such as composite and furniture, pulp and paper and planting medium. The recovery of phenolics from POME as valuable antioxidants has potential drug application. Other possible applications for oil palm biomass include fine chemicals, dietary fibers, animal feed and polymers. There must be a strategic and sustainable resource management to distribute palm oil and palm biomass to maximize the use of the resources so that it can generate revenues, bring benefits to the palm oil industry and meet stringent sustainability requirements in the future. (author)

  13. Tuition Discounting for Revenue Management

    Science.gov (United States)

    Hillman, Nicholas W.

    2012-01-01

    Over the past decade, institutionally-funded financial aid (or "tuition discounts") have been the fastest-growing item within most public four-year college and university operating budgets. One explanation for this trend is due to the changing structure of public colleges' revenue streams, as tuition and fees have replaced state appropriations as…

  14. Resource revenue management and wealth neutrality in Norway

    International Nuclear Information System (INIS)

    Mohn, Klaus

    2016-01-01

    An important idea behind the Norwegian oil fund mechanism and the fiscal spending rule is to protect the non-oil economy from the adverse effects of excessive spending of resource revenues over the Government budget. A critical assumption in this respect is that public sector saving is not being offset by private sector dis-saving, which is at stake with the hypothesis of Ricardian equivalence. Based on a framework of co-integrating saving rates, this model provides an empirical test of the Ricardian equivalence hypothesis on Norwegian time series data. Although the model rejects the strong-form presence of Ricardian equivalence, results indicate that the Norwegian approach does not fully succeed in separating spending of resource revenues from the accrual of the same revenues. - Highlights: •A review of resource revenue management in Norway is presented. •A model of Ricardian equivalence is formulated for a resource-rich economy. •Econometric results are provided for LT equilibrium ST dynamics. •Results suggest modest substitution between government and household saving.

  15. Dutch Gas Revenues and Fiscal Policy. Theory versus practice

    International Nuclear Information System (INIS)

    Wierts, P.; Schotten, G.

    2008-01-01

    The Dutch government's revenues from natural gas fluctuate heavily and will dry up within several decades. According to the academic literature, only the permanent return on gas wealth should be included as income on the government's annual budget. This would prevent a deterioration in net wealth, and provide the budget with a stable source of income from which future generations can also benefit. On the basis of conservative estimates, it follows from our calculations that the Netherlands could count on a permanent annual flow of receipts of around eur 2.5 billion. In practice, however, gas revenues are included directly in the budget, while a part is reserved for investment via the Economic Structure Reinforcement Fund (Fonds Economische Structuurversterking). Using gas revenues for debt reduction, higher spending or lower taxes are political choices made anew by every new government. Our estimation results for the period 1975-2007 show that of a 1% of GPD rise/fall in gas revenues, 0.8 percentage point goes to easing/tightening policy and 0.2 percentage point to an increase/decrease of the budget balance. In the light of the recent fluctuations in oil and gas prices, preserving the stock of wealth from natural gas resources should become more important for the budgetary treatment of gas revenues in the Netherlands [nl

  16. Sustainable hydrogen from bio-oil - Catalytic steam reforming of acetic acid as a model oxygenate

    NARCIS (Netherlands)

    Takanabe, Kazuhiro; Seshan, K.; Lefferts, Leon; Aika, Ken-ichi

    2004-01-01

    Steam reforming of acetic acid as a model oxygenate present in bio-oil over Pt/ZrO2 catalysts has been studied. Pt/ZrO2 catalysts are very active, completely converting acetic acid and give hydrogen yield close to thermodynamic equilibrium. The catalyst deactivated by formation of oligomers, which

  17. Sustainable hydrogen from bio-oil - Catalytic steam reforming of acetic acid as a model oxygenate

    NARCIS (Netherlands)

    Takanabe, Kazuhiro; Aika, Ken-ichi; Seshan, K.; Lefferts, Leon

    Studies were conducted with acetic acid (HAc) as model oxygenate for the design of active and stable catalysts for steam reforming of bio-oil. Pt/ZrO2 catalysts were prepared by wet impregnation technique. The Pt/ZrO2 catalysts showed high activities at initial time on stream, but lost its activity

  18. Electric sales and revenue 1992, April 1994

    Energy Technology Data Exchange (ETDEWEB)

    1994-04-20

    The Electric Sales and Revenue is prepared by the Survey Management Division, Office of Coal, Nuclear, Electric and Alternate Fuels; Energy Information Administration (EIA); US Department of Energy. This publication provides information about sales of electricity, its associated revenue, and the average revenue per kilowatthour sold to residential, commercial, industrial, and other consumers throughout the United States. The sales, revenue, and average revenue per kilowatthour provided in the Electric Sales and Revenue are based on annual data reported by electric utilities for the calendar year ending December 31, 1992. The electric revenue reported by each electric utility includes the applicable revenue from kilowatthours sold; revenue from income; unemployment and other State and local taxes; energy, demand, and consumer service charges; environmental surcharges; franchise fees; fuel adjustments; and other miscellaneous charges. The revenue does not include taxes, such as sales and excise taxes, that are assessed on the consumer and collected through the utility. Average revenue per kilowatthour is defined as the cost per unit of electricity sold and is calculated by dividing retail sales into the associated electric revenue. The sales of electricity, associated revenue, and average revenue per kilowatthour provided in this report are presented at the national, Census division, State, and electric utility levels.

  19. Electric sales and revenue 1992, April 1994

    International Nuclear Information System (INIS)

    1994-01-01

    The Electric Sales and Revenue is prepared by the Survey Management Division, Office of Coal, Nuclear, Electric and Alternate Fuels; Energy Information Administration (EIA); US Department of Energy. This publication provides information about sales of electricity, its associated revenue, and the average revenue per kilowatthour sold to residential, commercial, industrial, and other consumers throughout the United States. The sales, revenue, and average revenue per kilowatthour provided in the Electric Sales and Revenue are based on annual data reported by electric utilities for the calendar year ending December 31, 1992. The electric revenue reported by each electric utility includes the applicable revenue from kilowatthours sold; revenue from income; unemployment and other State and local taxes; energy, demand, and consumer service charges; environmental surcharges; franchise fees; fuel adjustments; and other miscellaneous charges. The revenue does not include taxes, such as sales and excise taxes, that are assessed on the consumer and collected through the utility. Average revenue per kilowatthour is defined as the cost per unit of electricity sold and is calculated by dividing retail sales into the associated electric revenue. The sales of electricity, associated revenue, and average revenue per kilowatthour provided in this report are presented at the national, Census division, State, and electric utility levels

  20. Cambodian Tax Revenue and Non Tax Revenue : Issues & Proposals

    OpenAIRE

    Sang, Sinavith

    2006-01-01

    Taxation is an important instrument of economic policy in a country. Tax reform deals with wide range of issues of economic policy as well as specific problems of tax structure, design and administration. In the process of improving and drawing tax policies that encounter the requirements of a fast changing economy, society, and polity, tax revenue in Cambodia increased dramatically after the democratic coalition government formed in 1993. Similar to other developing countries Cambodia began ...

  1. Recycling carbon revenues: transforming costs into opportunities

    International Nuclear Information System (INIS)

    Vaidyula, Manasvini; Alberola, Emilie

    2016-01-01

    Governments worldwide generated $26 billion in 2015 in carbon pricing revenues. The benefits and co-benefits of carbon pricing can be enhanced by recycling carbon revenues. Revenue allocation decisions made by governments are vital as these revenues can help shift the narrative on carbon pricing from 'burden to benefit'. Existing carbon pricing schemes can provide useful feedback on revenue recycling. A well-positioned decision-making and governing framework is required to ensure the efficient recycling of carbon revenues

  2. The Sustainability of Palm Oil - Defining and Solving the Problem in Civil Society Networks

    OpenAIRE

    CLAYDON, ANNA

    2009-01-01

    This thesis studies the construction of meaning in a transnational civil society network (TCSN) campaigning over oil palm cultivation in Indonesia. The focus of the study is on the ways in which TCSNs interpret taken-for-granted, but socially and environmentally destructive, practices in novel ways in order to alter the manner in which people understand and act upon these practices. The construction of meaning is understood to take the form of narratives as narrating is a way to add plot and ...

  3. Tapping into new markets for heavy crude : sustaining oil sands development in the long term

    International Nuclear Information System (INIS)

    Schrage, W.

    2003-01-01

    In 2002, 65 per cent of supply from the Western Canadian Sedimentary Basin (WCSB) was shipped by Enbridge to North American markets. A survey of refineries is used by Enbridge to establish expected market demand for oil from the WCSB. An Oil Sands Markets Study was undertaken to provide answers to the following: (1) what volumes to which markets will maximize the value of WCSB production? (2) what mix of raw bitumen, synthetic and fully saturated synthetic best fits the available markets? and (3) what infrastructure expansions, extensions, conversions and new development will be required? Enbridge elected to use the North American petroleum model using Alto's MarketPoint system. It was adapted to evaluate crude oil and refined products. It is expected that by the end of the first quarter of 2003, the preliminary results will be available for review with industry. There are currently 20 crude types identified as available to refineries. All imported crude types will be included. Eight distinct classes of refined products were used: liquid propane gas (LPG), low and high sulphur gasoline, jet fuel, low and high sulphur distillate, asphalt and coke. All major conversion units were modeled for all 150 refineries in Canada and the United States. figs

  4. Playing the politics of scale: Oxfam's intervention in the Roundtable on Sustainable Palm Oil

    NARCIS (Netherlands)

    Pesqueira, L.D.L.; Glasbergen, P.

    2013-01-01

    Development NGOs have become important partners in global private governance arrangements that aim to make agricultural commodity sectors more sustainable. Many of such NGOs endorse a rights-based approach to development. However, little is known about the different contributions of NGOs to the

  5. Technical support document for the regional sustainable development strategy for the Athabasca Oil Sands Area

    International Nuclear Information System (INIS)

    1999-07-01

    The Regional Sustainable Development Strategy (RSDS) builds on the current environmental and resource management system in Alberta, and it features a framework for: providing support for continued economic development in the region that addresses environmental needs and resource sustainability; creating an enhanced management framework that will adapt to the changing needs of the area which will guide government environmental and resource managers; developing a strong foundation of environmental information and science to assist in making decisions on sustainable resource and environmental management in the region; and creating a way to identify priority regional environmental issues and to organize the science and monitoring work needed to comprehend those issues. Blueprints for action were identified to attack issues within three group categories. The first category, which is based on information gaps and urgency, includes sustainable ecosystems, cumulative impacts on wildlife, soil and plant species diversity, effects of air emissions on human health, wildlife and vegetation, and bioaccumulation of heavy metals. The second category, which is based on information gaps and work underway, includes access management, cumulative impacts on fish habitat and populations, effects of tailings ponds emissions, effects of acid deposition on sensitive receptors, and impacts on surface water quality. The third category, which is based on information gaps, work underway and lower level of urgency, includes end pit lake water quality, impacts on surface water quantity, and impacts on groundwater quantity and quality

  6. Assessing the potential additionality of certification by the Round table on Responsible Soybeans and the Roundtable on Sustainable Palm Oil

    Science.gov (United States)

    Garrett, Rachael D.; Carlson, Kimberly M.; Rueda, Ximena; Noojipady, Praveen

    2016-04-01

    Multi-stakeholder roundtables offering certification programs are promising voluntary governance mechanisms to address sustainability issues associated with international agricultural supply chains. Yet, little is known about whether roundtable certifications confer additionality, the benefits of certification beyond what would be expected from policies and practices currently in place. Here, we examine the potential additionality of the Round table on Responsible Soybeans (RTRS) and the Roundtable on Sustainable Palm Oil (RSPO) in mitigating conversion of native vegetation to cropland. We develop a metric of additionality based on business as usual land cover change dynamics and roundtable standard stringency relative to existing policies. We apply this metric to all countries with RTRS (n = 8) and RSPO (n = 12) certified production in 2013-2014, as well as countries that have no certified production but are among the top ten global producers in terms of soy (n = 2) and oil palm (n = 2). We find RSPO and RTRS both have substantially higher levels of stringency than existing national policies except in Brazil and Uruguay. In regions where these certification standards are adopted, the mean estimated rate of tree cover conversion to the target crop is similar for both standards. RTRS has higher mean relative stringency than the RSPO, yet RSPO countries have slightly higher enforcement levels. Therefore, mean potential additionality of RTRS and RSPO is similar across regions. Notably, countries with the highest levels of additionality have some adoption. However, with extremely low adoption rates (0.41% of 2014 global harvested area), RTRS likely has lower impact than RSPO (14%). Like most certification programs, neither roundtable is effectively targeting smallholder producers. To improve natural ecosystem protection, roundtables could target adoption to regions with low levels of environmental governance and high rates of forest-to-cropland conversion.

  7. Building a sustainable future - The effects of CSR-finance on national oil companies

    Energy Technology Data Exchange (ETDEWEB)

    Thakur, Vishal

    2010-09-15

    Since the release of Goldman Sach's 'Path to 2050' report, arguing the combined economies of Brazil, Russia, India and China, would ellipse the economies of the current richest countries by 2050, the BRIC countries have garnered global attention. As demand for oil in these nations increases, NOCs within the BRIC have gone beyond national borders for exploration and financing - giving rise to concerns over emerging policies, objectives and priorities. The purpose of this paper is to examine NOCs of the BRIC and their compliance with international standards of corporate social responsibility and their effects through international capital markets.

  8. Energy policy, social exclusion and sustainable development: The biofuels and oil and gas cases in Brazil

    Energy Technology Data Exchange (ETDEWEB)

    Hall, Jeremy; Matos, Stelvia; Silvestre, Bruno

    2010-09-15

    Recent Brazilian policies have encouraged impoverished communities to participate in the country's growing energy industry. This paper explores the country's attempts to encourage such participation within the oil and gas and biofuels sectors. Our research is based on interviews with industry executives, policymakers, non-governmental organizations and farmers conducted between 2005-2009 in Brazil, an emerging energy leader, yet a country grappling with social exclusion. We propose that some sectors have a propensity to be exclusive due to technological complexity, whereas other sectors, although less complex, tend to economize at the expense of social programs. We conclude with managerial and policy implications.

  9. India expanding oil/gas E and D, infrastructure

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    This paper reports that India continues to press oil and gas exploration and development and expansion of its petroleum sector infrastructure. One of the key moves is the government's decision to stage a fourth exploration bidding round, its most ambitious to date and one expected to elicit enthusiasm from international oil companies. At the same time, state oil companies Oil and Natural Gas Commission and Oil India Ltd. plan to maintain strong domestic E and D programs. ONGC is seeking more revenue to sustain India's ambitious oil and gas upstream plans. The state company has asked the government for a 50% hike in the price of domestic crude. The government currently pays ONGC and OIL only about $8.84/bbl, a price fixed in 1981. A jump of 50% in the domestic crude price would net ONGC another $1 billion/year in revenues, ONGC Chairman S.L. Khosla the. The government and other state companies also continue efforts to expand gas utilization and markets and match refining plans with market needs

  10. 46 CFR Sec. 3 - Accounting for revenues.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 8 2010-10-01 2010-10-01 false Accounting for revenues. Sec. 3 Section 3 Shipping... FINANCIAL TRANSACTIONS UNDER AGENCY AGREEMENTS Accounting for Revenues Sec. 3 Accounting for revenues. (a... a passenger accounting procedure, may continue to follow such procedure under the agency operations...

  11. Fat, oil and grease waste from municipal wastewater: characterization, activation and sustainable conversion into biofuel.

    Science.gov (United States)

    Pastore, Carlo; Pagano, Michele; Lopez, Antonio; Mininni, Giuseppe; Mascolo, Giuseppe

    2015-01-01

    Fat, oil and grease (FOG) recovered by the oil/water separator of a wastewater treatment plant (WWTP) were sampled, characterized, activated and converted into biofuel. Free acids (50-55%) and fatty soaps (26-32%) not only composed the main components, but they were also easily separable from the starting waste. The respective free fatty acid profiles were gas-chromatographically evaluated, interestingly verifying that free acids had a different profile (mainly oleic acid) with respect to the soapy fraction (saturated fatty acids were dominant). The inorganic composition was also determined for soaps, confirming that calcium is the most commonly present metal. The chemical activation of this fatty waste was made possible by converting the starting soaps into the respective free fatty acids by using formic acid as activator, coproducing the relevant formates. The activated fatty matter was then converted into biofuel through direct esterification under very mild conditions (345 K, atmospheric pressure) and obtaining thermodynamic conversion in less than 2 h. The process was easily scaled up, isolating at the end pure biodiesel (purity > 96%) through distillation under vacuum, providing a final product conformed to commercial purposes.

  12. Mind the Gap: Dealing with Resource Revenue in Three Provinces

    Directory of Open Access Journals (Sweden)

    Ronald D. Kneebone

    2015-04-01

    Full Text Available Alberta, Saskatchewan, Newfoundland and Labrador have each enjoyed a “rags to riches” story. Each of these provinces entered Confederation as poor cousins relative to the rest of the country; Alberta and Saskatchewan in 1905 and Newfoundland and Labrador in 1949. Rather remarkably, almost exactly four decades after entering Confederation each province began to enjoy the strong economic growth resulting from the development of their natural resources; Alberta and Saskatchewan in the late 1940s with the discovery of large pools of oil and Newfoundland and Labrador in the early 1990s with the development of off-shore oil. The governments of these provinces have similarly enjoyed the benefits of large amounts of revenue realized from the sale of these natural resources. In 2013-14, resource revenues accounted for 21 per cent, 22 per cent and 32 per cent of provincial revenues in Alberta, Saskatchewan, Newfoundland and Labrador, respectively. Unfortunately, the benefit of receiving large amounts of resource revenue must be weighed against two costs. The first is that these revenues, having flowed into provincial coffers without the need to impose high tax rates on citizens, are easily spent. The second cost is that the prices of resources are determined in international markets and so a significant amount of the revenues of these provinces is largely unpredictable and often volatile. All three provinces have fallen prey to the temptation to allow a large fiscal gap to open between the costs of providing health care, education, social assistance and other areas of provincial responsibility and the taxes imposed on citizens to pay for these services. Doing so has put all three provinces at financial risk should resource prices fall. Using a newly constructed data set spanning the period 1970 to 2014, I review the history of how Alberta and Saskatchewan have dealt with commodity price shocks and what this has meant for provincial finances. With that

  13. NEW APPROACHES ON REVENUE RECOGNITION AND MEASUREMENT

    Directory of Open Access Journals (Sweden)

    Cristina-Aurora, BUNEA-BONTAȘ

    2014-11-01

    Full Text Available Revenue is an important indicator to users of financial statements in assessing an entity's financial performance and position. International Financial Reporting Standard 15 Revenue from Contracts with Customers (IFRS 15 issued in May 2014 provides a robust framework for addressing revenue issues. The standard establishes principles for reporting useful information to users of financial statements about the nature, amount, timing and uncertainty of revenue and cash flows arising from an entity's contracts with customers. This article outlines the basic principles that an entity should must apply to measure and recognise revenue and the related cash flows.

  14. Kinetic comparison of two basic heterogenous catalysts obtained from sustainable resources for transesterification of waste cooking oil

    Directory of Open Access Journals (Sweden)

    G.R. Moradi

    2015-06-01

    Full Text Available Alkaline earth metal oxides are appropriate catalysts for biodiesel production and among them, CaO and MgO are known for possessing the best efficiency. In this study, catalysts synthesized from economical and sustainable resources were used for biodiesel production. More specifically, waste mussel shells and demineralized (DM water treatment precipitates as calcium and magnesium carbonate sources, were converted into calcium and magnesium oxides at temperatures above 900 oC. Methanol and waste cooking oil were reacted in a 250 mL two-necked flask at 24:1 and 22.5:1 ratios in presence of 12 and 9.08 wt% of mussel shell-based and DM water treatment precipitates-based catalysts, respectively. The effects of temperature (328, 333, 338, 343 and 348 K and time (1, 3, 5, 7 and 8 h at a stirrer speed of 350 rpm on the conversion of the oil into biodiesel were investigated. The results obtained indicated a pseudo-first order kinetics for the transesterification reaction using both catalysts. The activation energies in the presence of the DM water treatment precipitates and mussel shell catalysts were measured at 77.09 and 79.83 kJ.mol-1, respectively. Accordingly, the DM water treatment precipitates catalyst resulted in a faster reaction due to its lower activation energy value. Moreover, the catalysts were reused five times and the results obtained showed that the methanol-driven extraction of CaO contained in the DM water treatment precipitates catalyst was lower than the waste mussel shell catalyst proving the higher stability of the new heterogeneous catalyst i.e. the calcinated DM water treatment precipitates.

  15. The federal law of the Revenue Agency responsibility, the national oil industry and the determination of the average price of the Mexican mixture for export: implications and limitations; La ley federal de responsabilidad hacendaria, la industria petrolera nacional y la determinacion del precio promedio de la mezcla mexicana de exportacion: implicaciones y limitaciones

    Energy Technology Data Exchange (ETDEWEB)

    Baltierra, Lauro; Huerta, Carlos E.; Ruiz Alarcon, Fluvio Cesar [LX legislatura, Camara de Diputados, Mexico, D.F. (Mexico)

    2006-11-15

    The present article refers to the implications that result from the promulgation, in April, 2006, of the Ley Federal de Presupuesto y Responsabilidad Hacendaria (Federal Law of Budget and Revenue Agency Responsibility) in the national oil industry and in the country's economy, when allowing a financing process of the sector, as well as the implications that are originated of the immovable fixation of the petroleum price by legal enforcement. As this limits the constitutional powers of the House of Representatives when denying the faculty, that exerted until the expedition of the Law, of evaluating the estimations of the Federal Executive with respect to the average price of the Mexican mixture for export. In the first section a balance is made of how the Presupuesto de Egresos de la Federacion projects itself as an instrument to restrain the public investment in the oil sector. In the second section aspects related to the estimation of the oil price from the Ley Federal de Presupuesto y Resposabilidad Hacendaria (Federal Law of Budget and Revenue Agency Responsibility) are taken care of, indicating the inconsistency that means to establish a formula for the determination of the same. In the third section, the sub-valuation of the crude prices is addressed as a key factor for the discretional use of the oil surpluses. In the fourth section, the General Criteria of Economic Policy for year 2007 are analyzed, that according to the new Federal Law of Budget and Revenue Agency Responsibility was sent to the House of Representatives by the Federal Executive in the month of April. Finally, the estimations of the Mexican mixture for export for 2007 are presented, that to the consideration of the authors, will oscillate between 50 and 51 dollars as annual average. [Spanish] El presente articulo refiere las repercusiones que resultan de la promulgacion, en abril de 2006, de la Ley Federal de Presupuesto y Responsabilidad Hacendaria en la industria petrolera nacional y

  16. Exchange rate volatility and oil prices shocks and its impact on economic sustainability

    Directory of Open Access Journals (Sweden)

    Khuram Shaf

    2015-01-01

    Full Text Available Impact of exchange rate volatility has received a great attention from the last century, its importance is certain in all sectors of the economy and it affects welfare as well as social life of the economy. Exchange rate between two currencies tells the value of one currency in terms of others one. Depreciation/Appreciation of exchange rate affects economic growth in terms of trade and shifts income to/from exporting countries from/to importing countries. The factors affecting exchange rate are inflation, interest rate, foreign direct investment, government consumption expenditure and balance of trade. This research study examines the impact of oil prices and exchange rate volatility on economic growth in Germany based on 40-year annual data. Cointegration technique is applied to check the impact of macroeconomic variables on exchange rate in the long run and short run. It is estimated that imports, exports, inflation, interest rate, government consumption expenditure and foreign direct investment had significant impacts on real effective exchange rate in the long run and short run. Sin addition, Engle Granger results indicate that relationship was significant for the long run and its error correction adjustment mechanism (ECM in short a run is significant and correctly signed for Germany.

  17. Robust optimization on sustainable biodiesel supply chain produced from waste cooking oil under price uncertainty.

    Science.gov (United States)

    Zhang, Yong; Jiang, Yunjian

    2017-02-01

    Waste cooking oil (WCO)-for-biodiesel conversion is regarded as the "waste-to-wealthy" industry. This paper addresses the design of a WCO-for-biodiesel supply chain at both strategic and tactical levels. The supply chain of this problem is studied, which is based on a typical mode of the waste collection (from restaurants' kitchen) and conversion in the cities. The supply chain comprises three stakeholders: WCO supplier, integrated bio-refinery and demand zone. Three key problems should be addressed for the optimal design of the supply chain: (1) the number, sizes and locations of bio-refinery; (2) the sites and amount of WCO collected; (3) the transportation plans of WCO and biodiesel. A robust mixed integer linear model with muti-objective (economic, environmental and social objectives) is proposed for these problems. Finally, a large-scale practical case study is adopted based on Suzhou, a city in the east of China, to verify the proposed models. Copyright © 2016 Elsevier Ltd. All rights reserved.

  18. Properties of Residue from Olive Oil Extraction as a Raw Material for Sustainable Construction Materials. Part I: Physical Properties

    Directory of Open Access Journals (Sweden)

    Almudena Díaz-García

    2017-01-01

    Full Text Available Action on climate, the environment, and the efficient use of raw materials and resources are important challenges facing our society. Against this backdrop, the construction industry must adapt to new trends and environmentally sustainable construction systems, thus requiring lines of research aimed at keeping energy consumption in new buildings as low as possible. One of the main goals of this research is to efficiently contribute to reducing the amount of residue from olive oil extraction using a two-phase method. This can be achieved by producing alternative structural materials to be used in the construction industry by means of a circular economy. The technical feasibility of adding said residue to ceramic paste was proven by analyzing the changes produced in the physical properties of the paste, which were then compared to the properties of the reference materials manufactured with clay without residue. Results obtained show that the heating value of wet pomace can contribute to the thermal needs of the sintering process, contributing 30% of energy in pieces containing 3% of said material. Likewise, adding larger amounts of wet pomace to the clay body causes a significant decrease in bulk density values.

  19. Properties of Residue from Olive Oil Extraction as a Raw Material for Sustainable Construction Materials. Part I: Physical Properties.

    Science.gov (United States)

    Díaz-García, Almudena; Martínez-García, Carmen; Cotes-Palomino, Teresa

    2017-01-25

    Action on climate, the environment, and the efficient use of raw materials and resources are important challenges facing our society. Against this backdrop, the construction industry must adapt to new trends and environmentally sustainable construction systems, thus requiring lines of research aimed at keeping energy consumption in new buildings as low as possible. One of the main goals of this research is to efficiently contribute to reducing the amount of residue from olive oil extraction using a two-phase method. This can be achieved by producing alternative structural materials to be used in the construction industry by means of a circular economy. The technical feasibility of adding said residue to ceramic paste was proven by analyzing the changes produced in the physical properties of the paste, which were then compared to the properties of the reference materials manufactured with clay without residue. Results obtained show that the heating value of wet pomace can contribute to the thermal needs of the sintering process, contributing 30% of energy in pieces containing 3% of said material. Likewise, adding larger amounts of wet pomace to the clay body causes a significant decrease in bulk density values.

  20. Palm oil as a sustainable energy alternative in degraded areas of the Amazon region; O dende como alternativa energetica sustentavel em areas degradadas na Amazonia

    Energy Technology Data Exchange (ETDEWEB)

    Villela, Alberto Arruda

    2009-02-15

    Bio fuels are important tools in reducing emissions of greenhouse gases (GHG); however, to minimize the conflict with food crops, energy crops with high efficiency and capacity to absorb Co2, such as the oil palm, should be prioritized. The European Union intends to replace 10% of liquid fossil fuel demand with bio fuels by 2020. According to studies conducted by the European Commission, this will entail the annual import of more than 3 million tonnes of palm oil, the most produced and least expensive vegetable oil in the world. 87% of global production comes from Indonesia and Malaysia, where the relentless expansion of oil palm cultivation has caused extensive forest devastation, threatening biodiversity and increasing GHG emissions. The Netherlands, a large importer of oil palm products, developed a methodology (Cramer) for the certification of sustainable bio energy production, assessing economic, social, environmental aspects, as well as GHG emissions, throughout the supply chain. It sets a mandatory minimum 30% reduction of GHG emissions in the bio-energy chain for use in transport and 70% for use in heat and power generation, as compared to the chain of the fossil counterpart. This dissertation shows that oil and bio diesel (ethyl ester) from palm grown in the Amazon meets this GHG mitigation criterion when degraded areas are utilized for cultivation, but not when forests are razed for that purpose. (author)

  1. Evolution of tax revenue in Romania

    Directory of Open Access Journals (Sweden)

    Nicoleta Mihaela Florea

    2014-11-01

    Full Text Available The study aims to analyze the dynamics of tax revenues in Romania in the period 2008 - 2013, following the installation of austerity caused by the global economic crisis. There are highlighted the earned revenues at the general consolidated budget by revenue category, according to the annual budget execution. The article deals mainly with the evolution of profit tax, income and salaries tax, value added tax and excise. .

  2. Revenue management system for the hospitality

    OpenAIRE

    Kalinka Pavlova

    2017-01-01

    The purpose of this study is to describe the essence of the revenue management system, applicable for entities in the hospitality industry, as a multidisciplinary concept, that draws its features from a variety of established academic areas, by consistently clarifying its intrinsic elements. This paper is intended to examine the revenue-management related theory, in regards with its generation and evolution, essence, as well as characteristics of service industries applying revenue management...

  3. Strategies for successful revenue cycle outsourcing.

    Science.gov (United States)

    Lisowski, Duane A; Sanderson, Brian

    2013-09-01

    Revenue cycle outsourcing can offer hospitals and health systems many advantages, including cost savings and revenue gains, but it also carries risks. Some organizations may choose to outsource revenue cycle to third-party service providers; others may opt to develop internal centers of excellence. Hospitals and health systems should consider IT system compatibility, payment arrangements, and incentive and value alignment when selecting an outsourcing partner.

  4. Developing a revenue integrity improvement plan.

    Science.gov (United States)

    Banks, Kate

    2010-11-01

    A revenue integrity plan should address five key areas: Accuracy of patient information. Verification of payer information and policies. Accuracy of documentation. Processing of claims. Accuracy of payment.

  5. Revenue management system for the hospitality

    Directory of Open Access Journals (Sweden)

    Kalinka Pavlova

    2017-03-01

    Full Text Available The purpose of this study is to describe the essence of the revenue management system, applicable for entities in the hospitality industry, as a multidisciplinary concept, that draws its features from a variety of established academic areas, by consistently clarifying its intrinsic elements. This paper is intended to examine the revenue-management related theory, in regards with its generation and evolution, essence, as well as characteristics of service industries applying revenue management. The revenue management elements, related with economics, marketing, strategic management, information technology and finance, are summarized and described.

  6. Philippines - Revenue Administration Reform Project (RARP) Evaluation

    Data.gov (United States)

    Millennium Challenge Corporation — The Millennium Challenge Account-Philippines' (MCA-P) implementation of the Revenue Administration Reform Project (RARP) is expected to improve tax administration,...

  7. Sustainable energy transitions in emerging economies: The formation of a palm oil biomass waste-to-energy niche in Malaysia 1990–2011

    International Nuclear Information System (INIS)

    Hansen, Ulrich Elmer; Nygaard, Ivan

    2014-01-01

    The economic development in emerging economies in Southeast Asia has significantly increased the use of fossil fuel based energy. This has severe implications for global climate change, and against this background, scholars within the sustainable transition tradition have taken an interest in addressing how transitions towards more sustainable development pathways in this region may be achieved. This paper contributes to the abovementioned literature by examining the conducive and limiting factors for development and proliferation of a palm oil biomass waste-to-energy niche in Malaysia during the period 1990–2011. Rising oil prices, strong pressure on the palm oil industry from environmental groups, and a persisting palm oil biomass waste disposal problem in Malaysia appear to have been conducive to niche proliferation, and on top of this national renewable energy policies and large-scale donor programmes have specifically supported the utilisation of palm oil biomass waste for energy. However, in spite of this, the niche development process has only made slow progress. The paper identifies reluctant implementation of energy policy, rise in biomass resource prices, limited network formation and negative results at the niche level, as the main factors hindering niche development. - Highlights: • We examine crucial factors for developing a biomass-to-energy niche in Malaysia. • In spite of interventions for policy support the niche has only made slow progress. • Oil prices, NGO pressure, waste problems and policy support were the enabling factors. • First, reluctant implementation of energy policy was hindering niche development. • Later, low performance level of implemented plants was hindering niche development

  8. Electric power and vegetable oil for the sustainable development of the Rio Ouro Preto, Rondonia, BR extractive reservation; Eletricidade e oleo vegetal para o desenvolvimento sustentavel da reserva extrativista do Rio Ouro Preto em Rondonia

    Energy Technology Data Exchange (ETDEWEB)

    Melo, Ana Teresa Siqueira; Lascio, Marco Alfredo Di; Dias, Elizabete Moreira; Hutin, Jill Rochelle Anahita [Universidade de Brasilia (UnB), DF (Brazil). Faculdade de Tecnologia. Depto. de Eng. Eletrica]. E-mails: anateresa22@bol.com.br; marcodilascio@unb.br; bete.cead@gmail.com; bete.cead@gmail.com

    2006-07-01

    This article gives an option of sustainable development of the area, through the implementation of two small vegetable oil extraction industries, use of the residues for electric power generation, commercialization of ecological tourism products and two small furniture industries.

  9. Teaching sustainability to a broad audience through an entertainment game – The effect of Catan : Oil Springs

    NARCIS (Netherlands)

    Chappin, E.J.L.; Bijvoet, Xanna; Oei, A.

    2017-01-01

    In order to attain a truly sustainable society it is necessary for people to make ‘the sustainable choice’ in daily life, business and governance. Instrumental in increasing the awareness and understanding about sustainability issues and improving people's behaviour regarding sustainability

  10. A projection of motor fuel tax revenue and analysis of alternative revenue sources in Georgia.

    Science.gov (United States)

    2012-05-01

    Motor fuel tax revenue currently supplies the majority of funding for : transportation agencies at the state and federal level. Georgia uses excise and sales taxes : to generate revenue for the Georgia Department of Transportation (GDOT). Inflation a...

  11. Taxation, revenue allocation and fiscal federalism in Nigeria: Issues, challenges and policy options

    Directory of Open Access Journals (Sweden)

    Salami Adeleke

    2011-01-01

    Full Text Available Taxation is one of the most important and easy sources of revenue to any government, as the government possesses inherent power to impose taxes and levies. Nigeria tax system has been weak due largely to inadequate data of the tax base and heavy reliance on oil revenue. With the volatility in oil prices and excruciating impacts of the recent global financial crisis, taxation deserves more attention now than ever before in Nigeria. One issue that is critical to domestic resource mobilization and utilization is the issue of fiscal federalism. Nigeria operates three tiers of government; Federal, State and Local Governments with separate revenue, expenditure, and assigned responsibilities each. However, all decisions including resources are controlled from the centre and the vertical revenue allocations tilt more towards the direction of federal government, contrary to the tenets of federalism the country is practicing. Both vertical and horizontal revenue in Nigeria is engulfed in controversy. The paper presents key issues, trend and challenges of taxation and fiscal federalism in Nigeria. In addition, the paper highlights a number of suggestions that would stimulate increase in tax revenue and guarantee fiscal assignment acceptable to the federal and sub-national government.

  12. On the core of cost-revenue games: Minimum cost spanning tree games with revenues

    NARCIS (Netherlands)

    Estevez Fernandez, M.A.; Reijnierse, H.

    2014-01-01

    In this paper, we analyze cost sharing problems arising from a general service by explicitly taking into account the generated revenues. To this cost-revenue sharing problem, we associate a cooperative game with transferable utility, called cost-revenue game. By considering cooperation among the

  13. On the core of cost-revenue games : Minimum cost spanning tree games with revenues

    NARCIS (Netherlands)

    Estévez-Fernández, A.; Reijnierse, J.H.

    In this paper, we analyze cost sharing problems arising from a general service by explicitly taking into account the generated revenues. To this cost-revenue sharing problem, we associate a cooperative game with transferable utility, called cost-revenue game. By considering cooperation among the

  14. Sharing Local Revenue: One District's Perspective

    Science.gov (United States)

    Cline, David S.

    2011-01-01

    The vast majority of U.S. school districts are considered independent and have taxing authority; the remaining districts rely on revenue and budgetary approval from their local government. In the latter case, localities often use some form of negotiated process to determine the amount of revenue their school districts will receive. Typically, a…

  15. Revenue Recognition Challenges and Financial Statement Reporting

    African Journals Online (AJOL)

    It was also revealed in this study that the financial reporting objectives of an enterprise will determine the choice of revenue recognition policy to be taken. The study equally revealed some subtle manipulations that can vitiate the true position of financial statements hence the revenue to be recognised by a business ...

  16. Philanthropy and Private Foundations: Expanding Revenue Sources

    Science.gov (United States)

    Drummer, Carlee; Marshburn, Roxann

    2014-01-01

    As community colleges seek new revenue streams, philanthropic organizations, including college foundations and private funders, have already begun to influence both revenues and college programming. This chapter discusses the current role of philanthropy, especially private foundations such as the Lumina Foundation for Education and the Bill and…

  17. Managing resource revenues in developing economies

    NARCIS (Netherlands)

    Collier, Paul; Van Der Ploeg, Rick; Spence, Michael; Venables, Anthony J.

    2010-01-01

    This paper addresses the efficient management of natural resource revenues in capital-scarce developing economies. It departs from usual prescriptions based on the permanent income hypothesis and argues that capital-scarce countries should prioritize domestic investment. Because revenue streams are

  18. Towards sustainable membrane filtration of palm oil mill effluent: analysis of fouling phenomena from a hybrid PAC-UF process

    Science.gov (United States)

    Amosa, Mutiu Kolade

    2017-10-01

    Sustainability of a membrane process depends on many factors of which fouling mitigation is the most central. Because membrane fouling phenomenon is very complex, extent of fouling potential of a feedwater with respect to a membrane has to be identified right from the design stage. This will acquaint engineers with the proper fouling mitigation measures during operation. This study presents a preliminary fouling data from the ultrafiltration of biotreated palm oil mill effluent (POME) after an upstream adsorption process. The flux decline is studied in a typical constant-pressure experiments with a cross-flow ultrafiltration of biotreated POME through Sartocon® polyethersulfone membranes (MWCOs 1, 5 and 10 kDa) at applied pressures of 40, 80 and 120 kPa. Results are examined, within the frame of the common blocking mechanisms and it was found that the blocking index η decreased from 2 to 0. Pore blocking phenomenon was successively observed from complete blocking ( η = 2) down to cake filtration ( η = 0), and the early blockage of the pores and a formation of a cake resulted in a limiting cake height. Thus, cake filtration could be best used to explain the fouling mechanisms of biotreated POME on the ultrafiltration membranes based on the R 2 values at all applied pressures. This demonstrates that the fouling was as a result of gradual reversible cake deposition which could easily be removed by less onerous cleaning methods. In addition, it could be concluded that the upstream adsorption reduced the particulate deposition on the membrane surface.

  19. Federal offshore statistics: 1992. Leasing, exploration, production, and revenues as of December 31, 1992

    Energy Technology Data Exchange (ETDEWEB)

    Francois, D.K.

    1993-12-31

    The Outer Continental Shelf Lands Act, enacted in 1953 and amended several times, charges the Secretary of the Interior with the responsibility for administering and managing mineral exploration and development of the outer continental shelf, as well as for conserving its natural resources. This report documents the following: Federal offshore lands; offshore leasing activity and status; offshore development activity; offshore production of crude oil and natural gas; Federal offshore oil and natural gas sales volume and royalties; revenue from Federal offshore leases; disbursement of Federal offshore revenue; reserves and resource estimates of offshore oil and natural gas; oil pollution in US and international waters; and international activities and marine minerals. 11 figs., 83 tabs.

  20. Family agriculture and the sustainable development issue: possible approaches from the African oil palm sector. The example of Ivory Coast and Cameroon

    Directory of Open Access Journals (Sweden)

    Cheyns Emmanuelle

    2005-03-01

    Full Text Available Based on the results of studies conducted in Ivory Coast and Cameroon, the article proposes an analysis of the family agriculture situation in the oil palm commodity chain, repositioning it within a context of sustainable development issues. At a time when production standards are back on the agenda with so-called “voluntary commitment” processes, through “private standards” to enable sustainable agriculture, the authors examines the outcome of the previous phases of family agriculture standardization by Estates and State-owned companies between 1960 and 1990, followed by privatization of the sector. The article shows that family agriculture possesses its own rationality which needs to be taken into consideration, if the stakes, over and above guaranteeing “sustainable oil”, are indeed those of the impact that the palm oil sector has on “sustainable development”. Starting from that point, the question is no longer: how can family agriculture take on board technical standards designed for other production models, but how can family agriculture take part in the compromises negotiated in the commodity chain in such a way that its logics and operating methods are considered when drawing up production choices? An analysis of surveys on oil palm-based cropping and farming systems makes it possible a to specify the logics underlying production practices and to show their specificity, b and reiterate the minimum conditions required in order for this agriculture, which is the major agriculture in some countries, to achieve the socio-economic reproduction level of the household and not only of the plot: access to capital and information, minimum land areas and prices, representation on negotiating bodies.

  1. Enhancing the value of argan oil is the best mean to sustain the argan grove economy and biodiversity, so far

    Directory of Open Access Journals (Sweden)

    Charrouf Zoubida

    2008-07-01

    Full Text Available In Morocco, the region covered with argan trees is named the argan grove. Its long-term preservation depends on the discovery of new and economically rewarding markets to sell argan tree produces. At the present time, the argan oil appears to be the best candidate to fulfill this task. The scientific results that have allowed the emergence of argan oil on the international edible and cosmetic oil markets are reported together with recent analytic results. Alternative approaches, not based on argan oil marketing but also aimed at safeguarding the argan grove, are also reported.

  2. Modification of concomitant drug release from oil vehicles using drug-prodrug combinations to achieve sustained balanced analgesia after joint installation

    DEFF Research Database (Denmark)

    Thing, Mette; Jensen, Sabrine Smedegaard; Larsen, Claus Selch

    2012-01-01

    Intra-articular injection of two drugs in a sustained drug delivery system combining the use of lipophilic solution with the prodrug approach may provide efficient and prolonged postoperative pain treatment after arthroscopic procedures. In the present study, the concomitant release of N,N-diethy......Intra-articular injection of two drugs in a sustained drug delivery system combining the use of lipophilic solution with the prodrug approach may provide efficient and prolonged postoperative pain treatment after arthroscopic procedures. In the present study, the concomitant release of N......,N-diethyl glycolamide ester of naproxen and ropivacaine from an oil vehicle consisting of medium-chain triglycerides were investigated in vitro. The release into both phosphate buffer and 80% (v/v) synovial fluid at pH 7.4 was examined in two dialysis membrane-based release models. The ester prodrug exhibited high...... solubility in medium-chain triglyceride, a high partition coefficient and was rapidly converted to naproxen in synovial fluid. Compared to naproxen, the release of the prodrug from the oil was sustained. In synovial fluid, the reconversion to naproxen resulted in faster release compared to that observed...

  3. Principles of Revenue Management and their applications

    OpenAIRE

    Oliveri Martínez-Pardo, Gonzalo

    2017-01-01

    El Trabajo Fin de Grado consiste en una introducción al concepto de Revenue Management, seguido de las ideas básicas en el uso del Revenue Management. A continuación se exponen algunos modelo utilizados en Revenue Management; y, para finalizar, algunas de las aplicaciones en la industria. Departamento de Organización de Empresas y Comercialización e Investigación de Mercados Grado en Ingeniería en Organización Industrial

  4. Tax Revenue and Economic Growth: A Study of Nigeria and Ghana

    Directory of Open Access Journals (Sweden)

    Francis Chinedu Egbunike

    2018-03-01

    Full Text Available Tax revenue is frequently considered as an alternative form of sustainable financing within a stable and predictable fiscal environment to promote growth and enable governments to finance their social and infrastructural needs. The objective of the study is to examine the effect of tax revenue on economic growth of Nigeria and Ghana. The study used multiple regressions as tools of analysis. The study finds a positive impact of tax revenue on the gross domestic product of Nigeria and Ghana confirming prior studies. The study recommended among others that adequate measure to ensure that revenue generated from the tax is effectively utilized to develop and grow the economy.DOI: 10.15408/sjie.v7i2.7341

  5. Development of a novel cup cake with unique properties of essential oil of betel leaf (Piper betle L.) for sustainable entrepreneurship.

    Science.gov (United States)

    Roy, Arnab; Guha, Proshanta

    2015-08-01

    Betel vine (Piper betle L.) is a root climber with deep green heart shaped leaves. It belongs to the Piperaceae family. There is a huge wastage of the leaves during glut season and it can be reduced by various means including extraction of medicinal essential oil which can be considered as GRAS (generally recognized as safe) materials. Therefore, attempts were made to develop a novel cup cake by incorporating essential oil of betel leaf. The textural properties of the cakes were measured by texture analyzer instrument; whereas the organoleptic properties were adjudged by human preferences using sensory tables containing 9-point hedonic scale. Price estimation was done considering all costs and charges. Finally, all parameters of the developed cake were compared with different cup cakes available in the market for ascertaining consumer acceptability of the newly developed product in terms of quality and market price. Results revealed that the Novel cup cake developed with 0.005 % (v/w) essential oil of betel leaf occupied the 1st place among the four developed novel cup cakes. However, it occupied 4th place among the nine cup cakes in the overall preference list prepared based on the textural and organoleptic qualities, though its market price was calculated to be comparable to all the leading cupcakes available in the market. This indicates that manufacturing of novel cup cake with essential oil of betel leaf would be a profitable and self-sustaining entrepreneurship.

  6. 26 CFR 1.632-1 - Tax on sale of oil or gas properties.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 7 2010-04-01 2010-04-01 true Tax on sale of oil or gas properties. 1.632-1 Section 1.632-1 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Sales and Exchanges § 1.632-1 Tax on sale of oil or gas...

  7. Hybrid revenue caps and incentive regulation

    Energy Technology Data Exchange (ETDEWEB)

    Lantz, Bjoern [School of Business, Economics and Law, Gothenburg University, Box 610, 40530 Gothenburg (Sweden)

    2008-05-15

    This paper analyzes the incentive effects of a hybrid revenue cap on a regulated monopolistic firm using non-discriminatory two-part pricing. It is shown that the fixed and the variable part of the cap have different meanings in terms of regulation - the fixed part of a hybrid revenue cap should be used to control the profit level of the regulated firm while the variable part should be used to control the social efficiency level. Since detailed information about the firm's cost function is required to determine the revenue cap parameters, the overall conclusion is that revenue caps are a rather bad idea in the area of incentive regulation. (author)

  8. Sales Tax on Services: Revenue or Reform?

    OpenAIRE

    Quick, Perry D.; McKee, Michael J.

    1988-01-01

    Examines the issues surrounding extension of sales taxes to services. Examines some of the problems that would face a reform effort: Nexus, the treatment of financial services, and an insufficiency of revenue.

  9. Revising the UIC 406 method: Revenue generating capacity

    DEFF Research Database (Denmark)

    Khadem Sameni, Melody; Landex, Alex; Preston, John

    2010-01-01

    Railway as a sustainable mode of transportation plays a great role in socio-economic welfare of societies. The impending post peak oil era, higher fuel costs and concerns for climate change have increased the importance of railways more than ever before. In this situation, railways are struggling...

  10. Public Investment, Revenue Shocks, and Borrowing Restrictions

    OpenAIRE

    Büttner, Thiess; Wildasin, David E.

    2010-01-01

    This paper lays out a theory of taxation and public investment in an intertemporal setting under conditions of revenue shocks. Without borrowing restrictions, the optimal policy is characterized by smooth time paths of taxes and public investment. While the introduction of formal borrowing restrictions leads to some precautionary savings, it gives rise to fluctuations in public investment in response to adverse but also favorable revenue shocks. This theoretical result is tested empirically u...

  11. The literacy impact on tax revenues

    OpenAIRE

    Mutascu, Mihai; Danuletiu, Dan

    2013-01-01

    The paper investigates the relationship between tax revenues and literacy level, using a panel-model approach. The dataset covers the period 1996 to 2010 and includes 123 countries. The estimations suggest that the assumed function is nonlinear, with inverted-U and U-shaped curves. More precisely, a very low literacy level is associated with reduced tax revenues. Furthermore, the government inputs increase as the literacy level increases, reaching a maximum point. Beyond this level, the tax r...

  12. Revenue Allocation and Economic Development in Nigeria

    Directory of Open Access Journals (Sweden)

    Dagwom Yohanna Dang

    2013-09-01

    Full Text Available This study empirically examines the impact of revenue allocation on economic development in Nigeria. Specifically, the study looks at how the various revenue allocations to the three tiers of government affect real gross domestic product (RGDP in Nigeria using time series data for the period 1993 to 2012. Error correction model (ECM and Pairwise Granger Causality test are used in analyzing the data. The study carries out test of stationarity of the variables using Augmented Dickey–Fuller unit root test and test of long-run relationship among the variables using Johansen Cointegration test. The study’s findings show that revenue allocations have significant causal relationship with economic development in Nigeria, with only revenue allocation to states having significant negative relationship. Unidirectional causality runs from revenue allocations to real GDP in Nigeria. All variables of the study are cointegrated and have a long-run relationship that 87.62% of the short-run disequilibrium is corrected yearly. The study recommends among others that more financial control and value for money audit should be carried out to minimize wastages and corruption in the states of the federation, so as to change the direction of influence of states’ revenue allocation on economic development.

  13. The changing imperative for revenue assurance

    International Nuclear Information System (INIS)

    Dalbec, L.; Downey, F.

    1994-01-01

    In the past, electric utilities have developed revenue protection programs using anecdotal experience and instinct. The adoption of different programs by different utilities has made assessing the effectiveness of a particular program difficult. The cost/benefit ratio is generally invoked when implementing revenue protection, yet the economy available through sound revenue protection practices is not self evident since the problem has not yet been characterized. In Canada, this situation will change with the Canadian Electrical Association survey of electrical power theft. Details provided by the survey, such as incidence per customer class, popularity of various theft methods, and the deterrent value of seal programs will enable utility managers to make informed choices on labor and capital commitment and to establish benchmarks for the revenue protection function. The results of the survey will also generate regulatory interest with regard to such matters as quantification of any losses and the role of rate structure in encouraging energy theft. The formulation of a revenue protection program is outlined in such categories as training, quantification of the problem, prevention, detection, incentives, revenue recovery, and prosecution. A policy statement on equipment damage and meter interference is appended. 1 tab

  14. The impact of grains transportation revenues on total revenue: The case of Serbia

    Directory of Open Access Journals (Sweden)

    Kontić Ljiljana

    2017-01-01

    Full Text Available In this paper the values effects of grain transportation on total revenue have been analyzed. The subject of the study is one Serbian cargo company. Main aim of this research was to assess the impact of revenue from grain transportation on total revenue in order to extrapolated future trends in cargo sector. The starting hypothesis was that aforementioned revenue had significant influence on total revenue growth in observed period. Mixed methods research has been used for data collection and analysis. The results revealed that the movement of the total revenue growth in the coming years if they implement the necessary measures are in the extrapolation of this function presented, provided that all other variables remain unchanged. Limitation of the study were country's specific factors, and single case study analysis despise the fact that observed company had dominant market share. Future study will include other companies from similar transition countries.

  15. Sustainability of TQM Implementation Model In The Indonesia’s Oil and Gas Industry: An Assessment of Structural Relations Model Fit

    Directory of Open Access Journals (Sweden)

    Wakhid Slamet Ciptono

    2011-02-01

    Full Text Available This study purposively is to conduct an empirical analysis of the structural relations among  critical factors of quality management practices (QMPs, world-class company practice (WCC, operational excellence practice (OE, and company performance (company non-financial performance or CNFP and company financial performance or CFP in the oil and gas companies operating in Indonesia. The current study additionally examines the relationships between QMPs and CFP through WCC, OE, and CNFP (as partial mediators simultaneously. The study uses data from a survey of 140 strategic business units (SBUs within 49 oil and gas contractor companies in Indonesia.  The findings suggest that all six QMPs have positive and significant indirect relationships on CFP through WCC and CNFP. Only four of six QMPs have positive and significant indirect relationships on CFP through OE and CNFP. Hence, WCC, OE, and CNFP play as partial mediators between  QMPs and CFP. CNFP has a significant influence on CFP. A major implication of this study is that oil and gas managers need to recognize the structural relations model fit by developing all of the research constructs simultaneously associated with a comprehensive TQM practice. Furthermore, the findings will assist oil and gas companies by improving CNFP, which is very critical to TQM, thereby contributing to a better achievement of CFP. The current study uses the Deming’s principles, Hayes and Wheelwright dimensions of world-class company practice, Chevron Texaco’s operational excellence practice, and the dimensions of company financial and non-financial performances.  The paper also provides an insight into the sustainability of TQM implementation model and their effect on company financial performance in oil and gas companies in Indonesia.

  16. Shoulder Dislocation in the course of Revenue Collection: A Need to ...

    African Journals Online (AJOL)

    Background: The shoulder joint exhibits great mobility and is the commonest major joint to be dislocated. Dislocation of the shoulder joint can result from falls, sports or trauma. We report a case of shoulder dislocation in the course of revenue collection. Methods: The case records of a patient who sustained traumatic ...

  17. An assessment of high carbon stock and high conservation value approaches to sustainable oil palm cultivation in Gabon

    Science.gov (United States)

    Austin, Kemen G.; Lee, Michelle E.; Clark, Connie; Forester, Brenna R.; Urban, Dean L.; White, Lee; Kasibhatla, Prasad S.; Poulsen, John R.

    2017-01-01

    Industrial-scale oil palm cultivation is rapidly expanding in Gabon, where it has the potential to drive economic growth, but also threatens forest, biodiversity and carbon resources. The Gabonese government is promoting an ambitious agricultural expansion strategy, while simultaneously committing to minimize negative environmental impacts of oil palm agriculture. This study estimates the extent and location of suitable land for oil palm cultivation in Gabon, based on an analysis of recent trends in plantation permitting. We use the resulting suitability map to evaluate two proposed approaches to minimizing negative environmental impacts: a High Carbon Stock (HCS) approach, which emphasizes forest protection and climate change mitigation, and a High Conservation Value (HCV) approach, which focuses on safeguarding biodiversity and ecosystems. We quantify the forest area, carbon stock, and biodiversity resources protected under each approach, using newly developed maps of priority species distributions and forest biomass for Gabon. We find 2.7-3.9 Mha of suitable or moderately suitable land that avoid HCS areas, 4.4 million hectares (Mha) that avoid HCV areas, and 1.2-1.7 Mha that avoid both. This suggests that Gabon’s oil palm production target could likely be met without compromising important ecosystem services, if appropriate safeguards are put in place. Our analysis improves understanding of suitability for oil palm in Gabon, determines how conservation strategies align with national targets for oil palm production, and informs national land use planning.

  18. A comparison of different regulatory approaches, analysis of the relative benefits of command and control, reflexive law and social licensing in ensuring oil industry compliance with environmentally sustainable practices and obligations

    Science.gov (United States)

    Ghanaati, Sahar

    This paper explores the relative benefits of command and control, reflexive law and social licensing in ensuring oil industry compliance with environmentally sustainable practices and obligations. Recognizing why oil sands and their development are significant, the background and development are reviewed first, and then the focus is shifted to look at its economics including the benefits, uncertainties and environmental costs of development. This paper examines how lawmakers in Canada have failed to meet their respective obligation. Drawing on environmental provisions, case law and legal scholars’ articles, books and reports, this paper examines the very problematic issue of oil sands regulation. It proposes to provide an in depth analysis of each regulatory forms and their application to the oil sands. It concludes that in order to solve the oil sands regulation challenges, a collaborative stringent enforcement of regulation from both federal and provincial governments, oil industry and public Pressure is required.

  19. Multi-Criteria Indicator for Sustainability Rating in Suppliers of the Oil and Gas Industries in Brazil

    Directory of Open Access Journals (Sweden)

    José Felipe Figueiredo Barata

    2014-02-01

    Full Text Available The necessity of sustainability evaluation is rapidly growing alongside the expansion of civilization. Likewise, the supply chain suitability improvement is a need that has arisen in the petroleum industry, especially as it is responsible for the most part of CO2 emissions in the atmosphere. The modeling of this kind of problem deals with multiple criteria evaluations. This paper proposes an original multiple-criteria based approach to classifying the degree of organizational sustainability. This proposal was applied to evaluate a representative set of companies, which are suppliers of the Brazilian petroleum industry. The data collection was supported by a questionnaire. The results highlight that the studied companies have not yet reached an advanced level of maturity in the sustainability context. In a comprehensive vision of sustainability based on Triple Bottom Line (TBL, these companies are either in the initial stage or in the implementation phase of the sustainability practices.

  20. SUSTAINABILITY OF TAX SYSTEM IN ROMANIA

    Directory of Open Access Journals (Sweden)

    Ana Patricia HOMORODEAN (CSATLOS

    2014-11-01

    Full Text Available In the context of globalization, sustainable development is the key to the development of contemporary society and future generations. Sustainability has become a key point for the debates in the political, economic, and academic environment. Therefore, today wehave reached the point when we speak of a country or company sustainability, of environmentalor agricultural sustainability, while speaking,at the same time, of fiscal policy sustainability. The purpose of this paper is to analyze the Romanian fiscal policy sustainability in terms of tax revenues. The methodology used in this research is bibliographical analysis of specialist literature and statistical analysis of data. Bibliographical analysis was used to define operating concepts: fiscal sustainability and tax revenues. Statistical analysis was used to analyze the evolution of tax revenues in Romania between2005and2013, as well as the share of tax revenues in the general consolidated budget of Romania. Statistical data were processed using Microsoft Excel and presented as evolution diagrams. The novelty and originality of the present work consist in the bibliographical study on Romanian fiscal policy sustainability, the statistical study on the evolution of tax revenues in Romania between 2005and2013, and the analysisof fiscal policy sustainability in Romania in terms of tax revenues.

  1. Joint exploration and development: A self-salvation road to sustainable development of unconventional oil and gas resources

    Directory of Open Access Journals (Sweden)

    Lihui Zheng

    2017-11-01

    Full Text Available Commercial production of unconventional oil and gas resources will not be easily achieved without large-scale engineering measures, let alone the additional operation cost, increasingly stricter requirement for safety and environment, fluctuating low oil and gas prices, etc., defeating the confidence of those investors. Therefore, unconventional measures are urgently needed to guide the exploration and exploitation of unconventional oil and gas resources. Thus, we put forward the concept of joint exploration and development by integrating research methodologies and operating techniques for a variety of oil and gas resources to simultaneously achieve analysis, construction, gathering and exploitation of multiple hydrocarbon sources. In this way, the annoying interference between the produced mixture of hydrocarbon flow resulting in the reduction of single-well flowrate will be possibly turned into a dynamic mutual force to enhance the well's flowrate. We also point out that the inevitability of joint exploration and development is determined by the occurrence conditions of oil and gas resources, its feasibility relies on the advancement of technologies, and its arduous and long-term nature is attributed to the current energy market and environment. In spite of various problems and difficulties, we believe that joint exploration and development will be a feasible option to achieve both cost reduction and production & benefit enhancement, boost investors' confidence, raise energy comprehensive utilization, and enhance energy supply efficiency. In conclusion, the advantages of joint exploration and development outweigh its disadvantages for both countries and enterprises.

  2. ANALYSIS OF OIL PALM SUSTAINABLE REPLANTING MODELS, A CASE AT PT. AGROWIYANA , TUNGGUL ULU, TANJUNG JABUNG BARAT, JAMBI

    Directory of Open Access Journals (Sweden)

    Solikhin Solikhin

    2012-09-01

    Full Text Available The oil palm replanting program is becoming of importance for the next decade as some of oil palm plantations are reaching the productivity peak. This research was aimed to select the priority of oil palm replanting strategy with respect to the related factors and impacts to the share holders of PIR Trans and KPPA plantation of PT. AGROWIYANA , and to identify key success indicators of replanting model. A discriptive research methodoligy was carried out using Analytical Hierarchy Process (AHP and Focus Group Discussion (FGD involving multi stakeholders of PT. AGROWIYANA . Results of this research indicated that financial is considered as the most important factor for replanting implemention with the total cutting using standard technology as chosen replanting strategy. The funding scheme through intensive fund rising IDAPERTABUN needs to be well prepared to involve more farmer groups.Keywords: PT. AGROWIYANA , Replanting Strategy

  3. Modeling impacts of sea-level rise, oil price, and management strategy on the costs of sustaining Mississippi delta marshes with hydraulic dredging.

    Science.gov (United States)

    Wiegman, Adrian R H; Day, John W; D'Elia, Christopher F; Rutherford, Jeffrey S; Morris, James T; Roy, Eric D; Lane, Robert R; Dismukes, David E; Snyder, Brian F

    2018-03-15

    Over 25% of Mississippi River delta plain (MRDP) wetlands were lost over the past century. There is currently a major effort to restore the MRDP focused on a 50-year time horizon, a period during which the energy system and climate will change dramatically. We used a calibrated MRDP marsh elevation model to assess the costs of hydraulic dredging to sustain wetlands from 2016 to 2066 and 2016 to 2100 under a range of scenarios for sea level rise, energy price, and management regimes. We developed a subroutine to simulate dredging costs based on the price of crude oil and a project efficiency factor. Crude oil prices were projected using forecasts from global energy models. The costs to sustain marsh between 2016 and 2100 changed from $128,000/ha in the no change scenario to ~$1,010,000/ha in the worst-case scenario for sea level rise and energy price, an ~8-fold increase. Increasing suspended sediment concentrations, which is possible using managed river diversions, raised created marsh lifespan and decreased long term dredging costs. Created marsh lifespan changed nonlinearly with dredging fill elevation and suspended sediment level. Cost effectiveness of marsh creation and nourishment can be optimized by adjusting dredging fill elevation to the local sediment regime. Regardless of management scenario, sustaining the MRDP with hydraulic dredging suffered declining returns on investment due to the convergence of energy and climate trends. Marsh creation will likely become unaffordable in the mid to late 21st century, especially if river sediment diversions are not constructed before 2030. We recommend that environmental managers take into consideration coupled energy and climate scenarios for long-term risk assessments and adjust restoration goals accordingly. Copyright © 2017 Elsevier B.V. All rights reserved.

  4. 14 CFR Sec. 2-5 - Revenue and accounting practices.

    Science.gov (United States)

    2010-01-01

    ... 14 Aeronautics and Space 4 2010-01-01 2010-01-01 false Revenue and accounting practices. Sec. 2-5... General Accounting Provisions Sec. 2-5 Revenue and accounting practices. (a) Revenue accounting practices... physically verify the reliability of its passenger revenue accounting practice at least once each accounting...

  5. Trade Policy Reform and the Missing Revenue

    DEFF Research Database (Denmark)

    Arndt, Thomas Channing; Tarp, Finn

    2008-01-01

    In many African countries, large discrepancies exist between revenues implied by published tariff rates multiplied by estimated import volumes and actual receipts. We develop a stylised trade model where average and marginal tariff rates diverge and incorporate insights from this model into a com......In many African countries, large discrepancies exist between revenues implied by published tariff rates multiplied by estimated import volumes and actual receipts. We develop a stylised trade model where average and marginal tariff rates diverge and incorporate insights from this model...... into a computable general equilibrium model of an African economy (Mozambique) to study the implications of trade policy reform. Model simulations indicate that lowering tariff rates and reducing duty-free importation in a manner that maintains official revenue benefit nearly everyone. The main exception is those...

  6. Problems Associated with Declining National Oil Production

    Science.gov (United States)

    Jackson, J. S.

    2009-12-01

    Forecasts of peak oil production have focussed on the global impacts of declining production. Meanwhile, national oil production has declined in 20 countries, leading to local problems that receive little comment outside of the effected regions. Two problems deserve wider recognition: declining state revenues and fuel substitution. Most oil producing countries with large reserves adopted licensing practices that provide significant revenues to the host governments such that oil revenues generate from 40 to 80 percent of total government funds. Typically these governments allocate a fraction of this revenue to their state oil companies, utilizing the remainder for other activities. As oil revenues decline with falling production, host governments face a dilemma: either to increase state oil company budgets in order to stem the decline, or to starve the state oil company while maintaining other government programs. The declining oil revenues in these states can significantly reduce the government's ability to address important national issues. Mexico, Indonesia, and Yemen illustrate this situation in its early phases. Fuel substitution occurs whenever one fuel proves less expensive than another. The substitution of coal for wood in the eighteenth century and oil for coal in the twentieth century are classic examples. China and India appear to be at peak oil production, while their economies generate increasing demand for energy. Both countries are substituting coal and natural gas for oil with attendant environmental impacts. Coal-to-liquids projects are proposed in in both China, which will require significant water resources if they are executed. These examples suggest that forecasting the impact of peak oil at a regional level requires more than an assessment of proven-probable-possible reserves and a forecast of supply-demand scenarios. A range of government responses to declining oil income scenarios must also be considered, together with scenarios describing

  7. Properties of fresh and hardened sustainable concrete due to the use of palm oil fuel ash as cement replacement

    Science.gov (United States)

    Hamada, Hussein M.; Jokhio, Gul Ahmed; Mat Yahaya, Fadzil; Humada, Ali M.

    2018-04-01

    Palm oil fuel ash (POFA) is a by-product resulting from the combustion of palm oil waste such as palm oil shell and empty fruit bunches to generate electricity in the palm oil mills. Considerable quantities of POFA thus generated, accumulate in the open fields and landfills, which causes atmospheric pollution in the form of generating toxic gases. Firstly, to protect the environment; and secondly, having excellent properties for this purpose; POFA can be and has been used as partial cement replacement in concrete preparation. Therefore, this paper compiles the results obtained from previous studies that address the properties of concrete containing POFA as cement replacement in fresh and hardened states. The results indicate that there is a great potential to using POFA as cement replacement because of its ability to improve compressive strength, reduce hydration heat of cement mortar and positively affect other fresh and hardened concrete properties. The paper recommends that conducting further studies to exploit high volume of POFA along with other additives as cement replacement while maintaining high quality of concrete can help minimize CO2 emissions due to concrete.

  8. Options for Environmental Sustainability of the Crude Palm Oil Industry in Thailand through Enhancement of Industrial Ecosystems

    NARCIS (Netherlands)

    Chavalparit, O.; Rulkens, W.H.; Mol, A.P.J.; Khaodhair, S.

    2006-01-01

    The crude palm oil industry plays an important role in the economic development of Thailand and in enhancing the economic welfare of the population. Despite obvious benefits of this industrial development, it also significantly contributes to environmental degradation, both at the input and the

  9. A NOTE ON THE RELATIONSHIP BETWEEN CORRUPTION AND GOVERNMENT REVENUE

    OpenAIRE

    Jinyoung Hwang

    2002-01-01

    This paper empirically traces out the impacts of corruption on government revenue. The total amount of government revenue decreases as corruption reduces tax revenues if it contributes to tax evasion, improper tax exemptions or weak tax administration. In addition, corruption may distort the composition of government revenue: that is, a country with a higher level of corruption increases the proportion of international tax revenue rather than domestic tax one as the source of government reven...

  10. 7 CFR 1767.26 - Operating revenue.

    Science.gov (United States)

    2010-01-01

    ... account shall include the net billings for electricity supplied for irrigation pumping. It need not be used unless such service is provided under a special irrigation rate. 442Commercial and Industrial... shall include revenues derived from the sale of water for irrigation, domestic, industrial, or other...

  11. Enhancing the revenue cycle experience for patients.

    Science.gov (United States)

    Consolver, Patti; Phillips, Scott

    2014-09-01

    In 2013, Texas Health Resources began to record discussions with patients at each revenue cycle touch point, from scheduling through registration. The recordings give leaders insight on the accuracy and consistency of information communicated at each touch point and provide a tool for improving customer service. The initiative has improved patient satisfaction and increased point-of-service collections.

  12. Revenue sharing in semiconductor industry supply chain ...

    Indian Academy of Sciences (India)

    The principal contribution of this approach is for establishing a pooling coalition in order to provide a stable and cooperative solution. Keywords. Supply chain coordination; revenue sharing; Game theory, Shapely value. 1. Introduction. Supply chain management (SCM) in semiconductor industry has a significant potential in.

  13. 78 FR 25358 - Internal Revenue Service

    Science.gov (United States)

    2013-04-30

    ... for a ruling to that effect from the Internal Revenue Service. Current Actions: There is no change to... OMB control number. Books or records relating to a collection of information must be retained as long... estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and...

  14. 47 CFR 32.5200 - Miscellaneous revenue.

    Science.gov (United States)

    2010-10-01

    ...) The performance of customer operations services for others incident to the company's regulated... telecommunications services rendered by the company (this revenue includes taxes when borne by the lessee). It...) Contract services (plant maintenance) performed for others incident to the company's regulated...

  15. Revenue Generation Capacity in Developing Countries: Implications ...

    African Journals Online (AJOL)

    Abstract. This paper is an attempt to investigate the effects of tax revenue generation capacity on public spending in ... The data used in this paper were obtained from various official government reports from the bureaus of statistics ... Following the implementation of economic reforms, many developing countries underwent.

  16. Revenue Generation Capacity in Developing Countries: Implications ...

    African Journals Online (AJOL)

    It employs the co-integration and error-correction modeling framework to analyze the effects of erratic and inadequate revenue generation on physical and human capital development in Tanzania, Kenya, and Uganda using time-series data over the period 1970-2005.The results unambiguously demonstrate that changes in ...

  17. 35 ASSESSMENT OF TOURISTS FLOW AND REVENUE ...

    African Journals Online (AJOL)

    Deji

    Key words: Kainji Lake National Park, Ecotourism, Tourist flow, Revenue generation ... costs of wildlife conservation is important, however, especially .... to August of the year. Figure 2: Rate of Tourists Patronage to KLNP. Table 2: Tourists' Reaction Towards Services Rendered by the park. Response. Frequency. Percent.

  18. Harnessing hydrocarbon revenues: Reflections on Russia

    NARCIS (Netherlands)

    van der Ploeg, F.; Malova, Aleksandra; Saltan, Andrei

    2017-01-01

    Economies, like Russia, blessed with resource abundance, do not usually perform well during the period of commodity price boom. The optimal policy of managing resource revenues prescribes to commit the permanent income rule to smooth the resource dividend in efficiency units and to smooth the real

  19. Can Sales Tax Revenue Equitably Finance Education?

    Science.gov (United States)

    Jansen, Anicca C.

    In 1988, 66 of Tennessee's rural school districts brought suit against the state government claiming that the school funding system of a local option sales tax discriminates against rural areas. This study examines the effects of increased reliance on local sales tax revenue on Tennessee's school expenditures. Not every county can support a major…

  20. Biodiesel intercity passenger rail revenue service test.

    Science.gov (United States)

    2013-10-01

    Amtrak, with the support of the Federal Railroad Administration, operated a P-32 passenger locomotive in revenue service for a : period of 12 months, on a blend of 20 percent pure biodiesel and 80 percent #2 ultra-low sulfur diesel (ULSD) fuel. The G...

  1. 77 FR 59455 - Internal Revenue Service

    Science.gov (United States)

    2012-09-27

    ... Revenue Procedure 2003-37, Documentation Provisions for Certain Taxpayers Using the Fair Market Value... Provisions for Certain Taxpayers Using the Fair Market Value Method of Internet Expense Apportionment. OMB...-37 describes documentation and information a taxpayer that uses the fair market value method of...

  2. 78 FR 48231 - Internal Revenue Service

    Science.gov (United States)

    2013-08-07

    ... the Web site: http://www.improveirs.org . The committee will be discussing Toll-free issues and public... Advocacy Panel Toll-Free Phone Line Project Committee. AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice of Meeting. SUMMARY: An open meeting of the Taxpayer Advocacy Panel Toll-Free Phone Line...

  3. 78 FR 69938 - Internal Revenue Service

    Science.gov (United States)

    2013-11-21

    ... form is being submitted for renewal purposes only. Type of Review: Extension of a currently approved... DEPARTMENT OF THE TREASURY Internal Revenue Service Information Collection Request AGENCY... the general public and other Federal agencies to take this opportunity to comment on proposed and/or...

  4. Problems of Revenue Generation in Local Government ...

    African Journals Online (AJOL)

    In the face of these charges or allegations, it has become pertinent to investigate why Local Governments in the country have poor revenue generation efforts. The thrust of this paper therefore is to find lasting solutions to the financial problems hindering local governments in Nigeria, most especially strategies to ameliorate ...

  5. Revenue sharing in semiconductor industry supply chain ...

    Indian Academy of Sciences (India)

    Supply chain coordination; revenue sharing; Game theory, Shapely value. 1. Introduction. Supply chain management (SCM) in semiconductor industry has a significant potential in creating competitive advantage by coordinating information, cash and material flow among the members (Chopra & Meindl 2004) and through ...

  6. AREVA first half 2007 sales revenue

    International Nuclear Information System (INIS)

    2007-01-01

    The AREVA group's backlog as of June 30, 2007 was euros 33.5 billion, up 31% compared with that of December 31, 2006. On average, the Group's backlog increased by more than 20% annually over the last three years. It is now at the highest level since AREVA was established in 2001. All divisions contributed to this performance: - The Front End division signed in particular a major enrichment contract with KHNP (South Korea), a fuel supply contract with EDF covering the 2008-2012 period and other significant contracts with Japanese and Swedish utilities. - The Reactors and Services division added the Flamanville 3 EPR, ordered by EDF, to the backlog. Flamanville 3 is AREVA's 100. reactor order. - The Back End division also concluded a major contract with Sogin to treat used fuel stored at Italian nuclear sites. - The Transmission and Distribution division continued to record strong growth. New orders were up 24% compared with the first half of 2006 (+25.1% like-for-like). Important contracts were signed in the Middle East, Russia and with large industrial users of electricity. First half 2007 sales revenue was up 6.7% (+6.4% like-for-like) to euros 5373 million, compared with euros 5036 million for the first half of 2006. Major developments in the first half of 2007 include: - Sales revenue was down 2.8% to euros 1342 million in the Front End division (-3.6% like-for- like) due to uneven distribution of deliveries in the Fuel business unfavorable during the period. This timing issue has no impact on projected annual growth. The division continues to benefit from a gradual price increase for long-term uranium supply contracts. - Sales revenue was up 4.8% to euros 1154 million in the Reactors and Services division (+3% like-for-like). The Services business unit, especially, was a major contributor to growth on all its markets after a 2006 fiscal year marked by a weak demand. The start of construction of a second EPR reactor for EDF, Flamanville 3, also contributed to

  7. Sustainable biodiesel production via transesterification of waste cooking oil by using CaO catalysts prepared from chicken manure

    International Nuclear Information System (INIS)

    Maneerung, Thawatchai; Kawi, Sibudjing; Dai, Yanjun; Wang, Chi-Hwa

    2016-01-01

    Highlights: • Calcined chicken manure was successfully used as catalyst for biodiesel production. • Ca compound in chicken manure was converted into active CaO by calcination. • Chicken manure-derived catalysts show high activity towards transesterification. • Biodiesel fuels can be produced by using waste cooking oils. - Abstract: The low cost and efficient CaO catalysts have been successfully prepared from chicken manure by a simple calcination, in this present work. Chicken manure contains significant content of calcium compounds that can easily be converted into the active calcium oxide catalyst after calcination at 850 °C under air. The Hammett indicator test showed that the obtained CaO catalyst has the basic strength in a range of 15 < H_ < 18.4, revealing that the basicity of the obtained catalyst is mainly ascribed to the strong basic properties of metal–O groups. The obtained CaO catalyst exhibited high catalytic activity for biodiesel production from transesterification of waste cooking oil and methanol. Up to 90% FAME yield was obtained at optimum reaction condition (i.e. 7.5 wt% of catalyst, 15:1 of methanol:oil molar ratio and 65 °C). The experimental kinetic data fitted well with the pseudo-first order model and the activation energy was found to be 78.8 kJ mol −1 . Moreover, fuel properties of the produced biodiesel were determined according to the European standard and found to be within the specifications. The uses of chicken manure as a catalyst source and waste cooking oil as a raw material for biodiesel production not only offers the environmentally friendly and cost-effective way to recycle those wastes, but also help to lower the biodiesel production cost to make biodiesel competitive with petroleum-based diesel.

  8. Catalytic Transesterification of Starch with Plant Oils: A Sustainable and Efficient Route to Fatty Acid Starch Esters.

    Science.gov (United States)

    Söyler, Zafer; Meier, Michael A R

    2017-01-10

    The transesterification of maize starch with olive oil or high oleic sunflower oil was studied under homogeneous conditions in the presence of 1,5,7-triazabicyclo[4.4.0]dec-5-ene (TBD) as catalyst. Most importantly, this method used two renewable resources directly, without any pretreatment or derivatization, for the synthesis of polymeric materials with desirable properties. Moreover, the solvent, oils, and catalyst could be recovered through facile work-up and reused for further modifications. The obtained fatty acid starch esters (FASEs) were highly soluble in common organic solvents and were thoroughly characterized. Degrees of substitution (DS) were calculated using 31 P NMR spectroscopy, and DS values of approximately 1.3 were obtained. Differential scanning calorimetry analysis revealed thermal transitions of the modified starches at approximately 80-90 °C. Films were produced from these FASEs, and their hydrophobic surfaces were characterized using contact-angle measurements. Furthermore, mechanical properties were examined using tensile strength measurements and showed approximately 40 and 80 % elongation at break for modified maize starch and modified amylose from maize, respectively. © 2017 Wiley-VCH Verlag GmbH & Co. KGaA, Weinheim.

  9. Biosynthesis, characterization and enzymatic transesterification of single cell oil of Mucor circinelloides--a sustainable pathway for biofuel production.

    Science.gov (United States)

    Carvalho, Ana K F; Rivaldi, Juan D; Barbosa, Jayne C; de Castro, Heizir F

    2015-04-01

    The filamentous fungus Mucor circinelloides URM 4182 was tested to determine its ability to produce single-cell oil suitable for obtaining biodiesel. Cell growth and lipid accumulation were investigated in a medium containing glucose as the main carbon source. A microwave-assisted ethanol extraction technique (microwave power ⩽200 W, 50-60 °C) was established and applied to lipid extraction from the fungal hyphae to obtain high lipid concentration (44%wt) of the dry biomass, which was considerably higher than the quantity obtained by classical solvent methods. The lipid profile showed a considerable amount of oleic acid (39.3%wt), palmitic acid (22.2%wt) and γ-linoleic acid (10.8%wt). Biodiesel was produced by transesterification of the single-cell oil with ethanol using a immobilized lipase from Candida antarctica (Novozym® 435) as the catalyst. (1)H NMR and HPLC analyses confirmed conversion of 93% of the single-cell oil from M. circinelloides into ethyl esters (FAEE). Copyright © 2015 Elsevier Ltd. All rights reserved.

  10. Revenue in reverse? An examination of reverse supply chain enabled revenue streams

    DEFF Research Database (Denmark)

    Larsen, Samuel; Jacobsen, Peter

    2016-01-01

    When original equipment manufacturers (OEMs) examine whether to implement a reverse supply chain (RSC) for their products, oftentimes the motive is cost savings or regulatory compliance. However, a frequently overlooked but equally important benefit is the possibility for creating new revenue....... The purpose of this paper is to examine which revenue streams the RSC enables for OEMs to utilize and how these streams are utilized in industrial practice. First, the paper identifies the RSC-enabled revenue streams that are available to OEMs using a literature-based conceptual modeling approach. Second...... of recovered items, and new revenue through added sales of virgin products. Six of these 12 streams are utilized in industrial practice. Among the propositions that explain the utilization pattern are the degree of component customization, product life-cycle longevity, and the value gap between used...

  11. Global sustainable timber supply and demand

    Science.gov (United States)

    Peter J. Ince

    2010-01-01

    Industrial timber use has provided timber revenue that has helped make timber supply and demand more sustainable in the leading timber producing regions of the world. Sustainable development implies not consuming more resources today than we can replace tomorrow, but sustainable forest management implies more than merely a non-declining supply of timber. Forests as a...

  12. Sustainable utilization of waste palm oil and sulfonated carbon catalyst derived from coconut meal residue for biodiesel production.

    Science.gov (United States)

    Thushari, Indika; Babel, Sandhya

    2018-01-01

    In this study, an inexpensive, environmental benign acid catalyst is prepared using coconut meal residue (CMR) and employed for biodiesel production from waste palm oil (WPO). The total acid density of the catalyst is found to be 3.8mmolg -1 . The catalyst shows a unique amorphous structure with 1.33m 2 g -1 of surface area and 0.31cm 3 g -1 of mean pore volume. Successful activation is confirmed by Fourier transform infrared (FT-IR) spectroscopy and X-ray photoelectron spectroscopy (XPS). The highest biodiesel yield of 92.7% was obtained from WPO in an open reflux system using the catalyst. Results show that biodiesel yield increases with increasing methanol:oil (molar ratio) and reaction time up to an optimum value. It is found that the catalyst can be reused for at least four cycles for >80% biodiesel yield. Fuel properties of the produced biodiesel meet international biodiesel standards. Copyright © 2017 Elsevier Ltd. All rights reserved.

  13. Engineering sustainable ecosystems: using GIS-based habitat modeling for oil sands mine reclamation and closure planning

    International Nuclear Information System (INIS)

    Seel, K.

    1997-01-01

    A GIS model was built to predict the climax vegetation habitat types on reclaimed mine surfaces in the Fort McMurray region of the Mid-Boreal Mixedwood Ecoregion of northwestern Alberta. Regional vegetation habitat types were classified by digital remote sensing using Landsat Thematic Mapper satellite data. Terrain data was derived from a high-resolution digital elevation model. The validated model was applied to the GIS database of Syncrude Canada's Mildred Lake Mine to predict future vegetation patterns based on the final closure mine surface. The results were compared to revegetation and closure plans created by experts to analyze performance and sustainability of reclamation efforts

  14. Environmental Accounting in Peru: A Proposal Based on the Sustainability Reporting in the Mining, Oil and Gas Industries

    OpenAIRE

    Tanaka Nakasone, Gustavo

    2015-01-01

    This paper proposes an environmental accounting system in Peru that will improve the sustainability reporting of Peruvian corporations and have a positive impact on all the stakeholders (communities, stockholders, government, NGOs, etc.). This new environmental  accounting system will allow companies  to properly quantify and  report environmental issues and have a more integral assessment and analysis of all the variables which affect their triple bottom line.Moreover, environmental issues i...

  15. Technology revenue management system for customer groups in hotels

    OpenAIRE

    Guadix Martín, José; Cortés, Pablo; Onieva Giménez, Luis Gerardo; Muñuzuri Sanz, Jesús

    2010-01-01

    This paper discusses revenue management; a technique that focuses on decision making that will maximize profit from the sale of perishable inventory units. New technologies management plays an important role in the development of revenue management techniques. Each new advance in technology management leads to more sophisticated revenue business capabilities. Today decision support revenue management systems and technologies management are crucial factors for the success of ...

  16. The Use of Revenue Management in the Hotel Industry

    OpenAIRE

    Holubec, Jakub

    2011-01-01

    This diploma thesis discusses Revenue management as an operational approach to revenue maximization in the hotel industry. The main objective of this thesis is to assess Revenue management approaches of two Prague hotels based on the comparison with academic theory in the hotel industry. The opening part is focused on prerequisites and tools used in Revenue management. Further, new approaches are introduced as well as current trends that have emerged in the recent time. The closing chapter an...

  17. Econometric Models for the Analysis of Tax Revenues

    Directory of Open Access Journals (Sweden)

    Oana-Valentina CERCELARU

    2015-09-01

    Full Text Available The study analyzes tax revenues by assessing their significance and influence factors. The largest share in State budget revenues is owned by tax revenues. Their importance is reflected both in the leadership - the government and the taxpayer, both being concerned about the ability to cover budget expenditure and investing in the quality of social life. Thus, at the end we tried to answer the question "How can we increase tax revenues?”.

  18. Energy supply options for a sustainable road transport in the 21st century - the views of the oil industry

    International Nuclear Information System (INIS)

    Tempest, P.

    1998-01-01

    In the longer term, the oil industry has now focussed its attention on the new sociological and cultural changes in store for us. Yes, more and more individuals will demand personal mobility worldwide with quantum leaps (from a very low base) likely in China, India, Brasil and many new developing countries, all motivated by the increased expectations engendered by worldwide US-dominated television and vastly expanded new telecommunications networks. Yes, road-building will accelerate to provide many new trans-continental freight arteries. Yet continuing urbanisation and suburbanisation is bound to engender traffic-free city centres, further emission control and, wherever possible, the diversion of commuters out of single-occupancy vehicles and into new public transport services. Concern about global warming is seen widely as an exaggerated risk and a passing fad. (orig.)

  19. TENDENCIES IN THE DEVELOPMENT OF BUDGET REVENUES UNDER THE IMPACT OF TAX POLICY OF ROMANIA

    Directory of Open Access Journals (Sweden)

    DOBROTĂ GABRIELA

    2016-10-01

    Full Text Available Currently, the need to ensure sustainable development has become a central point of debates and of the economic policies. Obviously, the influence of the level of financial resources mobilized at the state level is crucial, reason for it is necessary to promote a sustainable fiscal policy. The purpose of this paper is to analyze the influence of fiscal policy measures on budget revenues, in terms of volume and their structure in Romania. Empirical researchs realised, reflected a longitudinal study that targeted budget income trends between 2006-2015, both in terms of total volume and in terms of revenues for each category of taxation. The results of this study demonstrate the use of a pro-cyclical fiscal policy, with negative effects in terms of the impact on the budget deficit and a poor correlation with other components of macroeconomic policy.

  20. On the Core of Routing Games with Revenues

    NARCIS (Netherlands)

    A. Estévez-Fernandéz (Arantza); P. Borm; M. Meertens; H. Reijnierse

    2006-01-01

    htmlabstract Traveling salesman problems with revenues form a generalization of traveling salesman problems. Here, next to travel costs an explicit revenue is generated by visiting a city. We analyze routing problems with revenues, where a predetermined route on all cities determines the tours

  1. On the core of routing games with revenues

    NARCIS (Netherlands)

    Estevez Fernandez, M.A.; Borm, P.; Meertens, M.; Reijnierse, H.

    2009-01-01

    Traveling salesman problems with revenues form a generalization of traveling salesman problems. Here, next to travel costs an explicit revenue is generated by visiting a city. We analyze routing problems with revenues, where a predetermined route on all cities determines the tours along subgroups.

  2. On the Core of Routing Games with Revenues

    NARCIS (Netherlands)

    Estevez Fernandez, M.A.; Borm, P.E.M.; Meertens, M.; Reijnierse, J.H.

    2006-01-01

    Traveling salesman problems with revenues form a generalization of traveling salesman problems.Here, next to travel costs an explicit revenue is generated by visiting a city.We analyze routing problems with revenues, where a predetermined route on all cities determines the tours along

  3. Automated Internal Revenue Processing System: A Panacea For ...

    African Journals Online (AJOL)

    Kogi State Board of Internal Revenue is responsible for the collection and management of internal revenue which is the financial backbone of the State. Information about the present method of revenue collection and management by the Board was gathered through interviews, group discussions, direct observation and ...

  4. 39 CFR 3050.25 - Volume and revenue data.

    Science.gov (United States)

    2010-07-01

    ... 39 Postal Service 1 2010-07-01 2010-07-01 false Volume and revenue data. 3050.25 Section 3050.25 Postal Service POSTAL REGULATORY COMMISSION PERSONNEL PERIODIC REPORTING § 3050.25 Volume and revenue... billing determinants, broken out by quarter, within 90 days of the close of each fiscal year; (c) Revenue...

  5. THE IMPACT OF ECONOMIC CRISIS ON THE FISCAL REVENUES

    Directory of Open Access Journals (Sweden)

    Inceu Adrian

    2009-05-01

    Full Text Available This paper tries to evaluate the situation of the fiscal revenues in Romania in the context of economic and financial crisis, because the fiscal revenues are the major source of financing the public expenditure. The evolution of the level of fiscal revenu

  6. Print Media Objectivity and Advertising Revenue: An Appraisal ...

    African Journals Online (AJOL)

    This paper is an analysis of the interface between objectivity of print media and advertising revenue. It adopts the analytical approach in analyzing the perceptual influence of sources of advert revenue on print media content. The primary objective is to ascertain whether the source of advert revenue influences media content ...

  7. Revenue Management under Customer Choice Behaviour with Cancellations and Overbooking

    NARCIS (Netherlands)

    D.D. Sierag (Dirk); G.M. Koole (Ger); R.D. van der Mei (Rob); JP.I. van der Rest (Jean-Pierre); A.P. Zwart (Bert)

    2015-01-01

    htmlabstractRevenue management is the practice of pricing perishable goods to optimise revenue. A realistic revenue management model allows overbooking and incorporates customer buying behaviour and cancellations. The latter is motivated by our research using real data, which shows that for a

  8. 441 Assessment of Revenue Generation Avenues in Ecotourism ...

    African Journals Online (AJOL)

    Nekky Umera

    Pandam Wildlife Park (PWLP). Fishing contributes much revenue in PWLP as some employed indigenes fish for the management of the park during. “open season”. Sale of ticket to tourists is a major contributor to revenues in JNMZ and. JWLP; and contributes some revenues in PWLP and Rayfield Resort (RR). This can be ...

  9. Identifying and Mitigating Sources of School Revenue Erosion

    Science.gov (United States)

    Prombo, Michael; Dalianis, Ares G.; Metcalf, Scott R.

    2009-01-01

    Preserving existing revenues is an essential component of the work of school business officials. The broad ranges of activities that can affect school district revenues make identifying potential threats difficult. By understanding the issues that affect school district revenue, school business officials are better able to diminish its erosion--a…

  10. Broad sustainability versus sustainability

    International Nuclear Information System (INIS)

    Hueting, R.; Reijnders, L.

    2002-01-01

    The notion sustainability has many definitions and interpretations, which are not always in favor of the development of sustainability. Therefore, a narrow definition of sustainability is required [nl

  11. Oil sands economic impacts Canada : CERI report : backgrounder

    International Nuclear Information System (INIS)

    2005-09-01

    Oil sands production now accounts for 1 out of every 2 barrels of supply in Western Canada. It is anticipated that Alberta's oil sands sector will experience significant growth over the next few decades. This paper provided an outline of the challenges and economic impacts resulting from oil sands development in Canada. Alberta's oil sands reserves are estimated at 175 billion barrels that are deemed economically recoverable using current technology. At current production levels, reserves will sustain production of 2.5 million barrels per day for the next 200 years. A study by the Canadian Energy Research Institute (CERI) has forecast $100 billion in investment for the 2000-2020 period. Numerous companies hold leases and are planning new projects. A number of recent advances in oil sands technology are expected to further reduce costs as development matures. A royalty and tax regime that provides long-term fiscal certainty is a key factor that supports current oil sands growth forecasts. The CERI study has indicated that economic spinoffs from oil sands development relate to employment generated outside of Alberta, and that the largest percentage of government revenue accrues to the federal government. However, development may be constrained because the pace of growth in the sector may exceed underlying infrastructure related to roads, housing and municipal services. An adequate workforce of qualified trades and technical and professional people is also crucial. Several pipeline projects have been proposed to deliver oil sands crudes to new markets over the next decade. It was concluded that the billions of dollars invested in oil sands in Alberta will contribute to the economic prosperity of the entire country. 11 figs

  12. Corporate Social Responsibility: A Comparison Between Government Contractors and Companies that Receive Revenues from Commercial Sources

    Science.gov (United States)

    2011-12-01

    markets for sustainable technologies, products, and services. This policy extends to all acquisitions, including those below the simplified...Industry Revenue Government % Johnson & Johnson Pharmaceuticals $61.6B 1.64% Walt Disney Entertainment $38.1B 0% Kraft Foods Food Consumer Products $49.2B...community focused organizations. Many other global initiatives and partnerships that outline initiatives in India, Chile, Argentina , China, Brazil

  13. Experimental Studies on Four Stroke Diesel Engine Fuelled with Tamarind Seed Oil as Potential Alternate Fuel for Sustainable Green Environment

    Directory of Open Access Journals (Sweden)

    V. Dhana Raju

    2018-01-01

    Full Text Available The main objective of this present novel work is to investigate the performance, combustion and emission characteristics of biodiesel derived from the tamarind seed through the transesterification process as potential alternative feedstock for the diesel engine. The physio-chemical properties of tamarind seed methyl ester (TSME were evaluated experimentally and compared with the base fuel. Test fuels were prepared in 3 concentrations such as B10 (10% tamarind seed oil and 90% diesel, B20 and B30.Experiments were conducted at a constant speed, the injection timing of 23° crank angle and compression ratio 17.5:1 with varying load conditions to investigate the diesel engine characteristics. TSME 20 shown better thermal efficiency (34.41% over diesel which is 1.17 % higher and also it produces lower emissions of CO, HC, and smoke opacity. N-Amyl alcohol (NAA is used as a fuel additive for the optimum blend of TSME20; added in 5% and 10% concentration on the volume basis. From the analysis of experimental data, the use of fuel additives significantly reduces the smoke opacity by 29.49 % for TSME20 NAA 10% blend in addition to the reduction of carbon monoxide and hydrocarbons emissions; however, the specific fuel consumption and the oxides of nitrogen were marginally increased.

  14. A breakthrough low energy desalination process : production of sustainable water from brackish water for the oil sands industry

    Energy Technology Data Exchange (ETDEWEB)

    Man, M.; Sparrow, B.; Zoshi, J. [Saltwork Technologies Inc., BC (Canada)

    2010-07-01

    This paper described an innovative desalination system pilot study that is currently being conducted in Vancouver, British Columbia (BC). The thermo-ionic proof-tested system has the potential to achieve an electrical energy consumption rate of less than 1 kW per m{sup 3} through the harnessing of low grade heat. The energy transfer is accomplished by manipulating concentration gradients established and maintained through the evaporation of salt water into the atmosphere. The ion exchange mechanism reduced pre-treatment requirements and provided a self-cleaning mechanism to maintain steady production levels. The electrical energy created during the process was used to run low-pressure circulation pumps and process controls. The driving force for evaporation was the vapor pressure difference between the solution and moisture in the air. Discharges from the system can be tuned to various salt water concentrations. Results of the pilot study to date indicate that it is suitable for use in oil sands steam assisted gravity drainage (SAGD) processes. 8 refs., 1 tab., 4 figs.

  15. Revenue Determinants for Abu-Dhabi Fishermen and Assessment of Input Allocative Efficiency

    Directory of Open Access Journals (Sweden)

    Sherin A. Sherif

    2009-01-01

    Full Text Available This study examined the fishing industry in Abu Dhabi, the main fish-producing Emirate in the UAE, from the fishermen’s point of view. Marginal analysis was used to identify the most prominent fishing-revenue determinants along with assessing the allocative (price efficiency of inputs used. A log-log total value product (TVP function was estimated for a representative cross-section random sample of 131 Abu-Dhabi fishermen. This revealed that (1 labor, fishing effort, boat capacity, boat boarding expenses, and expenditures on oil and lubricants are the five main determinants of total revenue for the individual fishermen in Abu Dhabi; (2 boat-purchase price constituted a huge investment cost to fishermen distributed over the lifetime of the boat; although only one-third of fishermen acquire loans for this purpose; (3 the only type of records fishermen keep were those pertinent to monthly revenues; and (4 price efficiency is found not to be achieved for any of the five prominent inputs that have great impact on total fishermen’s revenues, as three inputs were found to be under-utilized in varying degrees, whereas two were found to be significantly over-utilized.

  16. Non-Revenue Water Management in Palestine

    OpenAIRE

    Samah Jawad Jabari

    2017-01-01

    Water is the most important and valuable resource not only for human life but also for all living things on the planet. The water supply utilities should fulfill the water requirement quantitatively and qualitatively. Drinking water systems are exposed to both natural (hurricanes and flood) and manmade hazards (risks) that are common in Palestine. Non-Revenue Water (NRW) is a manmade risk which remains a major concern in Palestine, as the NRW levels are estimated to be at a high level. In thi...

  17. Piracy and Box Office Movie Revenues

    DEFF Research Database (Denmark)

    Peukert, Christian; Claussen, Jörg; Kretschmer, Tobias

    2017-01-01

    In this paper we evaluate the heterogeneous effects of online copyright enforcement. We ask whether the unexpected shutdown of the popular file hosting platform Megaupload had a differential effect on box office revenues of wide-release vs. niche movies. Identification comes from a comparison...... of movies that were available on Megaupload to those that were not. We show that only movies that premiere in a relatively large number of theaters benefitted from the shutdown of Megaupload. The average effect, however, is negative. We provide suggestive evidence that this result is driven by information...

  18. Poverty and Share Revenue in the Cameroon Cocoa Zone

    Directory of Open Access Journals (Sweden)

    Folefack, DP.

    2010-01-01

    Full Text Available This study evaluates the revenue level and unequal poverty revenue in the Cameroonian cocoa zone. The results show a great variability on the revenues generating activities to producers of cocoa in Cameroon. These activities generate an average revenue of 1 215 622 FCFA per year, with an annual average revenue of 145 933 FCFA per person. We realize through the indice of Gini 0.61 that the concentration of these revenues is most strong in Cameroon and the poverty rate is still affecting 69% of the population. We observe as well that the average revenue of 228 263 FCFA per year and per person for the producers of South West. They are thus the richest, inspite of the high degree of concentration. In the Centre, the population have a high average annual revenue of 87 257 FCFA per person and the concentration seems to be in a lower degree. Finally, in the South we find the poorest with a revenue of 53 504 FCFA per year and per person and the concentration is more important. An analysis based on unequal indicators shows in general that the revenue per person is relatively low and the degree of concentration of revenue is stronger in the Cameroonian cocoa zone.

  19. Revising the UIC 406 method: Revenue generating capacity

    DEFF Research Database (Denmark)

    Khadem Sameni, Melody; Landex, Alex; Preston, John

    2010-01-01

    . Decisions have long term impacts and major projects are time consuming to implement. There are so many entities and complex interactions involved that leaves a domino effect on any decision taken. In order to overcome these complexities and improve the efficiency of railway transportation, it is essential......Railway as a sustainable mode of transportation plays a great role in socio-economic welfare of societies. The impending post peak oil era, higher fuel costs and concerns for climate change have increased the importance of railways more than ever before. In this situation, railways are struggling...

  20. Oil for development 2009

    Energy Technology Data Exchange (ETDEWEB)

    2010-09-15

    In this report present key achievements for each of the various cooperation countries. Oil for Development (OfD) assistance has been important for the ability of a country like Ghana to improve petroleum resource management on its most important oil and gas field, and to better safeguard that the petroleum activities are conducted in an environmentally sustainable way. Competence building on Increased Oil Recovery (IOR), and negotiation training have helped to increase both the resource extraction potential and the revenue generation potential of a more mature oil producing country like Iraq. Furthermore, OfD has contributed to improving the legislative frameworks in several of our cooperating countries, including Afghanistan, Cambodia and Madagascar, although it will take time before we can assess to what extent the laws have been implemented. OfD's strong focus on providing legal assistance reflects our belief that clear divisions of roles and firm legal mandates are prerequisites for good governance of the petroleum sector and for attracting serious investors. A lot of our capacity building took place through seminars and more tailored workshops with a national or regional scope. We believe that some of these events have significantly increased awareness as well as the level of debate among government institutions and civil society. The oil production accounting workshop in Nigeria and the NOC workshop in Timor-Leste are particularly valid examples. Timor-Leste also addressed other petroleum sector governance issues with a focus on including civil society and by the end of 2009 had nearly fulfilled all criteria for becoming Extractive Industries Transparency Initiative (EITI) compliant. It should be noted that OfD assistance only made a relatively small contribution to this process, which was very much nationally driven. Petroleum related environmental issues were addressed at different levels and from different angles. A thorough environmental needs

  1. The strategies and effectiveness of conservation ngos in the global voluntary standards: The case of the roundtable on sustainable palm-oil

    Directory of Open Access Journals (Sweden)

    Denis Ruysschaert

    2016-01-01

    Full Text Available Conservation non-governmental organisations (NGOs and firms have been promoting global voluntary standards, such as the Roundtable on Sustainable Palm Oil (RSPO, to produce environmentally responsible goods in tropical countries. This research seeks to understand the strategies and the effectiveness of conservation NGOs with respect to the RSPO. Our research documents that the conservation NGOs, when engaging with the RSPO, may be divided into four categories based on the type of resources mobilised and the conservation goals: 1 'Collaborative NGOs' seek to change the system from within by providing scientific research-based information, by holding strategic positions and by creating rules; 2 'Opponent' remains outside the RSPO while using it as a platform for public campaigns; 3 'Opportunistic' focuses on conserving geographical areas by adopting either collaborative or opponent strategies to reach their goals; and 4 'Sceptic' supports communities to secure local land rights. These NGOs have implemented strategies that strengthened RSPO's institution. However, the institutionalisation of the RSPO prevents the NGOs from reaching their goals for three reasons: 1 individual NGOs cannot change strategy; 2 NGOs using different engagement strategies are unable to collaborate; and 3 the sceptic NGOs are structurally excluded from the RSPO, though local land rights are a fundamental matter of concern for biodiversity conservation. NGOs would be more effective in reaching their goals either by focussing on their initial conservation objectives or by strategically collaborating with each other outside the structures of the RSPO.

  2. Prospective developments, production and revenues from the UKCS 1995-2000: a financial and regional simulation

    International Nuclear Information System (INIS)

    Kemp, A.G.; Stephen, L.

    1996-01-01

    This paper examines the development and production prospects for oil and gas from the UKCS in the period 1995-2000 using a financial simulation model applied to a large database. Emphasis is given to the prospects in the different regions of the UKCs. Oil production is likely to peak in the period and decline slowly thereafter. Gas production will increase substantially throughout the period to 2000. The relative importance of the central North Sea as a producing region will increase substantially in the period, while the northern North Sea will show a decrease. Investment patterns will reflect these trends. Revenues from the UKCS will continue to make a substantial contribution to the economy. The UK should be more than self sufficient in oil and to beyond 2000. Potential gas production should also exceed UK gas demand well beyond 2000. (author)

  3. 77 FR 70877 - Proposed Collection; Comment Request for Revenue Procedure 2000-41

    Science.gov (United States)

    2012-11-27

    ... Internal Revenue Service Proposed Collection; Comment Request for Revenue Procedure 2000- 41 AGENCY... soliciting comments concerning Revenue Procedure 2000-41, Change in Minimum Funding Method. DATES: Written... Number: 1545-1704. Revenue Procedure Number: Revenue Procedure 2000-41. Abstract: Revenue Procedure 2000...

  4. Turning wood residues into wood revenues

    International Nuclear Information System (INIS)

    Graham, R.G.; Kravetz, Don

    1996-01-01

    Ensyn is a profitable commercial company which derives its revenues from the conversion of wood residues into liquid biofuel and chemicals. The technology, Rapid Thermal Processing (RTP (TM) )is based on extremely fast ''cracking'' of biomass which results in light liquid yields exceeding 70% by weight, from wood. Whether producing chemicals or liquid biofuel, the RTP plant is configured identically and operated essentially in the same mode. Chemicals production simply allows economical production to occur at a lower plant capacity, as low as 2 tonnes/day, than is feasible for a dedicated fuel plant (typically greater than 100 tonnes/day). Ensyn has developed the commercialisation of RTP TM from bench to industrial scale in 10 years. A variety of crative funding initiatives in the early years allowed for capital to be raised for R and D without the loss of intellectual property (IP). The transition years of technology demonstration, prior to full commercialisation, were funded by a blend of revenues from venture capital and public sources, and by quickly tapping into a niche market for RTP TM . The utilisation of the technology at the niche market scale opened the doors to the larger fuel and commodity markets. Once, again, both IP and control of the company were maintained during these years. Flexibility, creativity and expertise are necessary to understand the significance of various financing options (private investments, commercial banking and bond issues) and to integrate these options with various renewable energy, recycling and tax incentives. Understanding these options with various renewable energy, recycling and tax incentives is necessary. Understanding both the core and peripheral needs of the customer are essential in successfully advancing a commercial wood energy venture. Ensyn's experience in these areas is the focus of the paper. (Author)

  5. Tariffs Ranking in Mixed Oligopoly with Revenue Constraint

    Directory of Open Access Journals (Sweden)

    Leonard F. S. Wang

    2011-01-01

    Full Text Available Utilizing linear mixed oligopoly model, this paper explores the magnitude of the maximum-revenue tariff, optimum-welfare tariff, and revenue-constrained optimal tariff that is especially designed for the consideration of the bureaucratic inefficiency. In particular, the tariff ranking issue is examined under both cases of Cournot competition and domestic public leadership. We found that, under Cournot competition, the optimum-welfare tariff is the highest and it is followed by the revenue-constrained optimal tariff while the maximum-revenue tariff is the lowest. But, under Stackelberg public leadership, if the domestic private firms are fewer than the foreign firms, the maximum-revenue tariff becomes the highest and the optimum-welfare exceeds the revenue-constrained optimal tariff.

  6. Bridging the gap between financial reporting and the revenue cycle.

    Science.gov (United States)

    Clark, Kari; Bang, Derek A

    2012-09-01

    Implementing a standardized financial reporting and revenue cycle monitoring platform can help healthcare organizations improve their net revenue reporting and budgeting processes. Consistent, standardized data help the finance office estimate accounts receivable reserves more accurately, streamline the month-end closing process, and strengthen internal controls. The benefits of standardizing the finance and revenue cycle functions are particularly significant in large organizations with multiple facilities, but even single-facility providers can benefit from improved communication between the business office and finance.

  7. Revenue management: a cost saver, not a cost center

    OpenAIRE

    Grier, Rachel

    2017-01-01

    Any hotelier operating today without the support of an automated revenue management system is working at a competitive disadvantage. Advanced revenue management solutions allow hotels to better predict demand, price their product offerings competitively and achieve the optimal business mix for their property as a result. Simply put, revenue management systems allow a hotel to attract the ideal guest, at the ideal price and via the ideal channel. November 2nd, 2017

  8. The Connection Between House Price Appreciation and Property Tax Revenues*

    OpenAIRE

    Lutz, Byron F.

    2008-01-01

    This paper explores two aspects of the connection between property tax revenues and house prices. First, I estimate the elasticity of property tax revenues with respect to house prices. This elasticity does not necessarily equal one as governments may adjust effective tax rates to offset changes in property values. Second, I examine the timing of the relationship. Institutional features of the property tax make it unlikely that changes in house prices will immediately influence tax revenues. ...

  9. London-type congestion tax with revenue-recycling

    OpenAIRE

    Yukihiro Kidokoro

    2005-01-01

    Road pricing in London attracts a great deal of interest. A challenging aspect of the London scheme is that congestion tax revenue is used to upgrade public transit networks. Although Parry and Bento (2001) show that the total social surplus would increase if congestion tax revenues are used to cut labor taxes, political difficulties exist in implementing revenue-recycling between congestion taxes and labor taxes. Given such political difficulties, the London scheme seems to be very attractiv...

  10. Spending Natural Resource Revenues in an Altruistic Growth Model

    DEFF Research Database (Denmark)

    Frederiksen, Elisabeth Hermann

    This paper examines how revenues from a natural resource interact with growth and welfare in an overlapping generations model with altruism. The revenues are allocated between public productive services and direct transfers to members of society by spending policies. We analyze how these policies...... influence the dynamics, and how the dynamics are influenced by the abundance of the revenue. Abundant revenues may harm growth, but growth and welfare can be oppositely affected. We also provide the socially optimal policy. Overall, the analysis suggests that variation in the strength of altruism...... and in spending policies may be part of the reason why natural resources seem to affect economic performance across nations differently...

  11. Revenue Potential for Inpatient IR Consultation Services: A Financial Model.

    Science.gov (United States)

    Misono, Alexander S; Mueller, Peter R; Hirsch, Joshua A; Sheridan, Robert M; Siddiqi, Assad U; Liu, Raymond W

    2016-05-01

    Interventional radiology (IR) has historically failed to fully capture the value of evaluation and management services in the inpatient setting. Understanding financial benefits of a formally incorporated billing discipline may yield meaningful insights for interventional practices. A revenue modeling tool was created deploying standard financial modeling techniques, including sensitivity and scenario analyses. Sensitivity analysis calculates revenue fluctuation related to dynamic adjustment of discrete variables. In scenario analysis, possible future scenarios as well as revenue potential of different-size clinical practices are modeled. Assuming a hypothetical inpatient IR consultation service with a daily patient census of 35 patients and two new consults per day, the model estimates annual charges of $2.3 million and collected revenue of $390,000. Revenues are most sensitive to provider billing documentation rates and patient volume. A range of realistic scenarios-from cautious to optimistic-results in a range of annual charges of $1.8 million to $2.7 million and a collected revenue range of $241,000 to $601,000. Even a small practice with a daily patient census of 5 and 0.20 new consults per day may expect annual charges of $320,000 and collected revenue of $55,000. A financial revenue modeling tool is a powerful adjunct in understanding economics of an inpatient IR consultation service. Sensitivity and scenario analyses demonstrate a wide range of revenue potential and uncover levers for financial optimization. Copyright © 2016 SIR. Published by Elsevier Inc. All rights reserved.

  12. Avoiding revenue loss due to 'lesser of' contract clauses.

    Science.gov (United States)

    Stodolak, Frederick; Gutierrez, Henry

    2014-08-01

    Finance managers seeking to avoid lost revenue attributable to lesser-of-charge-or-fixed-fee (lesser-of) clauses in their contracts should: Identify payer contracts that contain lesser-of clauses. Prepare lesser-of lost-revenue reports for non-bundled and bundled rates. For claims with covered charges below the bundled rate, identify service codes associated with the greatest proportion of total gross revenue and determine new, higher charge levels for those codes. Establish an approach for setting charges for non-bundled fee schedules to address lost-revenue-related issues. Incorporate changes into overall strategic or hospital zero-based pricing modeling and parameters.

  13. EITI and sustainable development: Lessons and new challenges for the Caspian region

    Energy Technology Data Exchange (ETDEWEB)

    Ospanova, Saule; Ahmadov, Ingilab; Wilson, Emma

    2013-03-01

    EITI requires countries to declare the revenues they receive from companies in the oil, gas and mining sectors, and for companies to declare what they pay. This paper highlights key issues and challenges related to implementing EITI, and suggests several ways for these new rules to help reduce poverty, improve lives and ensure that extractive industries operate in a sustainable, environmentally responsible way. Focusing on three countries of the Caspian Sea Region - Azerbaijan, Kazakhstan and Turkmenistan, the paper will be of particular interest to those preparing for, and attending, the EITI conference in Sydney in May 2013. It will also inform the public and stakeholders working towards EITI implementation in the Caspian Region, and contributes to on-going debates on EITI and sustainable development more broadly.

  14. The virtual oil company

    International Nuclear Information System (INIS)

    Garibaldi, C.A.; Haney, R.M.; Ross, C.E.

    1995-01-01

    In anticipation of continuing declines in upstream activity levels over the next 15 years, the virtual oil company model articulates a vision of fewer, leaner, but financially stronger firms that concentrate only on their core competencies and outsource the rest through well-structured partnering arrangements. Freed from the ''clutter,'' these leading companies will be in better position to focus on those opportunities that offer the potential for renewed reserve and revenue growth

  15. Areva - First half 2008 sales revenue

    International Nuclear Information System (INIS)

    2008-01-01

    As of June 30, 2008, AREVA's backlog stood at 38.1 billion euro, for 13.6% growth since June 30, 2007, with 9.9% growth in Nuclear and 40.7% growth in Transmission and Distribution. In Nuclear, the backlog came to 32.3 billion euro as of the end of June 2008. In the front end of the cycle, AREVA signed multi-year contracts in the first half of the year with Japanese and American utilities and with EDF, for a combined total of more than 1 billion euro. Of note in the back end of the cycle is the contract AREVA signed with the U.S. Department of Energy to build a MOX fuel fabrication facility. In Transmission and Distribution, the backlog came to 5.8 billion euro as of the end of period. A total of 3.2 billion euro in orders was booked in the first half, an increase of 20.0% year-on-year. The division won several important contracts, most notably a contract with Dubai Electricity (more than 130 million euro), a contract with National Grid and RTE for the renovation of the IFA 2000 grid interconnection between France and Great Britain (more than 60 million euro), and, in the industrial field, a contract with Rio Tinto Alcan (close to 65 million euro). The group cleared revenue of 6.2 billion euro in the first half of 2008, up 14.8% (+16.4% like-for-like) compared with the first half of 2007. Sales outside France were up 14.3% to 4.2 billion euro or 68.6% of total sales; the latter were stable compared with the first half of 2007. All businesses were up, with growth of 15.9% in Nuclear operations (+19.1% LFL1) - particularly in Reactors and Services (+31.3% LFL1) - and 13.0% growth in Transmission and Distribution operations (+12.0% LFL T 1). Foreign exchange had a negative impact of 155 million euro, primarily due to the change in the U.S. dollar in relation to the euro. Changes in the consolidated group had a positive impact of 97 million euro, mainly reflecting acquisitions in the Transmission and Distribution division and in Renewable Energies. Sales revenue for

  16. Dynamics of Revenue Generation in Tanzania, Kenya and Uganda ...

    African Journals Online (AJOL)

    The dynamics of revenue generation in Tanzania, Kenya and Uganda are explored. Results demonstrate that revenue generation is sluggish in Tanzania compared to Kenya and Uganda. Macroeconomic environment, economic structure, and level of development are fundamental at explaining these differences. Results ...

  17. 14 CFR 158.13 - Use of PFC revenue.

    Science.gov (United States)

    2010-01-01

    ... agency may combine PFC revenue and airport grant funds to carry out an approved project. These projects... costs of approved projects at any airport the public agency controls. (a) Total cost. PFC revenue may be used to pay all or part of the allowable cost of an approved project. (b) PFC administrative support...

  18. 75 FR 9359 - Drawback of Internal Revenue Excise Tax

    Science.gov (United States)

    2010-03-02

    ... Drawback of Internal Revenue Excise Tax AGENCY: Customs and Border Protection, Department of Homeland... substitution drawback claim for internal revenue excise tax paid on imported merchandise in situations where no excise tax was paid upon the substituted merchandise or where the substituted merchandise is the subject...

  19. 76 FR 72765 - Proposed Collection; Comment Request for Revenue Procedure

    Science.gov (United States)

    2011-11-25

    ... Internal Revenue Code (the Code), as in effect on or before July 30, 2008. This revenue procedure provides.... Books or records relating to a collection of information must be retained as long as their contents may... collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be...

  20. Revenue Risk Modelling and Assessment on BOT Highway Project

    Science.gov (United States)

    Novianti, T.; Setyawan, H. Y.

    2018-01-01

    The infrastructure project which is considered as a public-private partnership approach under BOT (Build-Operate-Transfer) arrangement, such as a highway, is risky. Therefore, assessment on risk factors is essential as the project have a concession period and is influenced by macroeconomic factors and consensus period. In this study, pre-construction risks of a highway were examined by using a Delphi method to create a space for offline expert discussions; a fault tree analysis to map intuition of experts and to create a model from the underlying risk events; a fuzzy logic to interpret the linguistic data of risk models. The loss of revenue for risk tariff, traffic volume, force majeure, and income were then measured. The results showed that the loss of revenue caused by the risk tariff was 10.5% of the normal total revenue. The loss of revenue caused by the risk of traffic volume was 21.0% of total revenue. The loss of revenue caused by the force majeure was 12.2% of the normal income. The loss of income caused by the non-revenue events was 6.9% of the normal revenue. It was also found that the volume of traffic was the major risk of a highway project because it related to customer preferences.

  1. Evaluating extraordinarily large requests in a revenue management network

    NARCIS (Netherlands)

    Haensel, A.; Koole, G.M.

    2013-01-01

    More and more companies in various industry sectors run automated revenue management (RM) systems to control their sales processes. Customer requests are assumed to be relatively small and a single acceptance or rejection decision has a minimal impact in the total revenue. But how should a company

  2. Costs and revenues of investment in enterprise-related schooling.

    NARCIS (Netherlands)

    Hartog, J.; Groot, W.J.N.; Oosterbeek, H.

    1994-01-01

    In this paper, a general specification of the wage equation is used to derive a marginal revenue equation for enterprise-related schooling. The optimal amount of investment in enterprise-related schooling is found by equating the marginal revenues and marginal costs. For the empirical analysis, the

  3. Wasted millions: Revenue management in Dutch culinary restaurants

    African Journals Online (AJOL)

    The concept of revenue management is widely adopted in various industries including the hospitality industry. Yet, its application to the restaurant industry has been limited. Especially culinary restaurants appear to be a somewhat unexplored area of study, thus indicating a gap in the literature for restaurant revenue ...

  4. Forecasting tax revenue and its volatility in Tanzania | Chimilila ...

    African Journals Online (AJOL)

    Forecasting tax revenue and its predictability is important for government budgeting and tax administration purposes. This study used monthly tax revenue data for a period of 182 months spanning January 2000 to February 2015. The study applied ARMA and combined forecast models, and GARCH models to forecast tax ...

  5. Taxation and Revenues for Education. Education Partners Working Papers.

    Science.gov (United States)

    Crampton, Faith; Whitney, Terry

    Funding education with property taxes has always been controversial. This paper examines taxation and the sources of revenue for education. The historical context in which tax and revenue sources have supported education in the United States is described. Also discussed are state tax-policy goals and education funding, and the embattled role of…

  6. Resource Control and The Politics of Revenue Allocation in ...

    African Journals Online (AJOL)

    ... that the federation should be restructured in a way that would ensure that an equitable formula is adopted in sharing revenue and also the minorities should be fully carried along in terms of governance of the country. Key Words: Federalism, Resource Control, Revenue Allocation, Derivation, Political Economy, Agitation, ...

  7. Poweo 9-month revenue up 40%

    International Nuclear Information System (INIS)

    2007-11-01

    POWEO, an electricity and gas alternative operator in France, presents in this document its key business indicators for the third quarter of 2007. POWEO recorded another strong increase in revenue in the third quarter of 2007, up 63% year-on-year to euro 77.0 million. As a result, revenue year-to-date increased to euro 233.2 million, up 40% compared with the first 9 months of 2006. Active customer sites reached 87,815 at September 30, 2007, up from 86,200 at June 30, 2007. As of September 30, 2007, this number breaks down into 80,257 electricity sites, of which 78,921 for professional customers and 1,336 for residential customers, and 7,558 gas sites, of which 7,313 for professional customers and 245 for residential customers. Since October 1, 2007, 3,224 new residential customer sites have confirmed their subscription to one of POWEO's gas or electricity offers, which means that as at December 1, 2007, more than 4,500 customers will have changed suppliers since the liberalization of the residential market on July 1 of this year. Contracts signed before the summer with several large accounts in the private and public sectors started to generate revenue in the third quarter. Over 130 GWh of electricity was supplied under these contracts. In application of POWEO's tariff pegging clause, the rise in regulated tariffs decided in August by the French authorities was passed on to the company's customers. This led to a very moderate increase in their energy bills of around 1% on average. The upturn in forward electricity prices seen since September resulted in a euro 1.4 million marked-to-market adjustment to the value of the forward contracts and options held in the Energy Management portfolio. On the other hand, the settlement of certain contracts before the price upturn resulted in realised losses of euro 2.3 million. The rise in market prices has accelerated since the end of the third quarter in the wake of the increase in prices for coal and gas. Were prices to hold

  8. Oil sands tax expenditures

    International Nuclear Information System (INIS)

    Ketchum, K; Lavigne, R.; Plummer, R.

    2001-01-01

    The oil sands are a strategic Canadian resource for which federal and provincial governments provide financial incentives to develop and exploit. This report describes the Oil Sands Tax Expenditure Model (OSTEM) developed to estimate the size of the federal income tax expenditure attributed to the oil sands industry. Tax expenditures are tax concessions which are used as alternatives to direct government spending for achieving government policy objectives. The OSTEM was developed within the business Income Tax Division of Canada's Department of Finance. Data inputs for the model were obtained from oil sands developers and Natural Resources Canada. OSTEM calculates annual revenues, royalties and federal taxes at project levels using project-level projections of capital investment, operating expenses and production. OSTEM calculates tax expenditures by comparing taxes paid under different tax regimes. The model also estimates the foregone revenue as a percentage of capital investment. Total tax expenditures associated with investment in the oil sands are projected to total $820 million for the period from 1986 to 2030, representing 4.6 per cent of the total investment. 10 refs., 2 tabs., 7 figs

  9. Misplaced generosity: extraordinary profits in Alberta's oil and gas industry

    International Nuclear Information System (INIS)

    Boychuk, R.

    2010-11-01

    This document gives a picture extended over a decade of the revenues, investment levels and profits of the Alberta's oil and gas industry. It also investigates on the distribution of those revenues and profits that were accrued to the provincial government through royalties and land sales. This document, tries to fill the information gaps left by the current government's achievement as Albertans' oil and gas trustee, pointing out the ongoing lack of responsibility in this province's most important economic sector.

  10. 47 CFR 36.212 - Basic local services revenue-Account 5000 (Class B telephone companies); Basic area revenue...

    Science.gov (United States)

    2010-10-01

    ... 47 Telecommunication 2 2010-10-01 2010-10-01 false Basic local services revenue-Account 5000 (Class B telephone companies); Basic area revenue-Account 5001 (Class A telephone companies). 36.212 Section 36.212 Telecommunication FEDERAL COMMUNICATIONS COMMISSION (CONTINUED) COMMON CARRIER SERVICES...

  11. Yemen - the next big player? [as an oil producer

    International Nuclear Information System (INIS)

    Roberts, J.

    1993-01-01

    1993 should be the year in which United Yemen finally starts to fulfil its potential as a significant oil producer. In recession for three years, the country desperately needs the revenues and has spared no effort in its attempt to provide the right financial climate within which international oil companies can operate. But the last three years, in terms of revenues from actual oil production, have been disastrous, with production from the much-touted Shabwa fields persistently deferred and with the overall climate for the oil industry clouded by a border dispute with Saudi Arabia that prompted at least one western major, BP, to suspend operations for a while. (author)

  12. 78 FR 27297 - Proposed Collection; Comment Request for Revenue Procedure 2000-12

    Science.gov (United States)

    2013-05-09

    ... Internal Revenue Service Proposed Collection; Comment Request for Revenue Procedure 2000- 12 AGENCY... U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Revenue Procedure 2000... Withholding Agreement. OMB Number: 1545-1597. Revenue Procedure Number: 2000-12 (Revenue Procedure 2000-12 is...

  13. 75 FR 38872 - Proposed Collection; Comment Request for Revenue Procedure 2000-12

    Science.gov (United States)

    2010-07-06

    ... Request for Revenue Procedure 2000- 12 AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice... soliciting comments concerning Revenue Procedure 2000-12, Application Procedures for Qualified Intermediary...-1597. Revenue Procedure Number: 2000-12 (Revenue Procedure 2000-12 is modified by Announcement 2000-50...

  14. 77 FR 59039 - Proposed Collection; Comment Request for Revenue Procedure 2011-49

    Science.gov (United States)

    2012-09-25

    ... Revenue Procedure 2011- 49 AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice and request... comments concerning Revenue Procedure 2011-49, Master and Prototype and Volume Submitter Plans. DATES... Plans. OMB Number: 1545-1674. Revenue Procedure Number: Revenue Procedure 2011-49. Abstract: The master...

  15. 26 CFR 1.856-0 - Revenue Act of 1978 amendments not included.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 9 2010-04-01 2010-04-01 false Revenue Act of 1978 amendments not included. 1.856-0 Section 1.856-0 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES Real Estate Investment Trusts § 1.856-0 Revenue Act of 1978...

  16. 76 FR 74118 - Proposed Collection; Comment Request for Revenue Procedure 97-15

    Science.gov (United States)

    2011-11-30

    ... DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Revenue Procedure 97-15 AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for... Number: 1545-1528. Revenue Procedure Number: Revenue Procedure 97-15. Abstract: This information is...

  17. 77 FR 7240 - Proposed Collection; Comment Request for Revenue Procedure 97-15

    Science.gov (United States)

    2012-02-10

    ... DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Revenue Procedure 97-15 AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for.... Revenue Procedure Number: Revenue Procedure 97-15. Abstract: This information is required by the Internal...

  18. A forecasting model of gaming revenues in Clark County, Nevada

    International Nuclear Information System (INIS)

    Edwards, B.; Bando, A.; Basset, G.; Rosen, A.; Meenan, C.; Carlson, J.

    1992-01-01

    This paper describes the Western Area Gaming and Economic Response Simulator (WAGERS), a forecasting model that emphasizes the role of the gaming industry in Clark County, Nevada. It is designed to generate forecasts of gaming revenues in Clark County, whose regional economy is dominated by the gaming industry, and identify the exogenous variables that affect gaming revenues. This model will provide baseline forecasts of Clark County gaming revenues in order to assess changes in gaming related economic activity resulting from future events like the siting of a permanent high-level radioactive waste repository at Yucca Mountain

  19. A forecasting model of gaming revenues in Clark County, Nevada

    International Nuclear Information System (INIS)

    Edwards, B.; Bando, A.; Bassett, G.; Rosen, A.; Carlson, J.; Meenan, C.

    1992-01-01

    This paper describes the Western Area Gaining and Economic Response Simulator (WAGERS), a forecasting model that emphasizes the role of the gaming industry in Clark County, Nevada. It is designed to generate forecasts of gaming revenues in Clark County, whose regional economy is dominated by the gaming industry, an identify the exogenous variables that affect gaming revenues. This model will provide baseline forecasts of Clark County gaming revenues in order to assess changes in gaming related economic activity resulting from future events like the siting of a permanent high-level radioactive waste repository at Yucca Mountain

  20. Revenue management pienten ja keskisuurten hotellien huonemyynnissä

    OpenAIRE

    Moilanen, Mirka

    2015-01-01

    Opinnäytetyössä tutkittiin suomalaisten pienten ja keskisuurten hotellien revenue managementia eli tuottojen johtamista. Tarkoituksena oli selvittää, kuinka tuottoja johdetaan tällä hetkellä ja miten tuottojen johtamista voitaisiin edistää hotellin huonemyynnin maksimoimiseksi. Työn tavoitteena oli auttaa pieniä ja keskisuuria hotelleja ymmärtämään mitä revenue management on ja antaa ohjeita miten he voisivat edistää revenue managementia omassa hotellissaan. Toimeksiantajana oli jyväskyläläin...

  1. Naval Petroleum and Oil Shale Reserves

    International Nuclear Information System (INIS)

    1992-01-01

    During fiscal year 1992, the reserves generated $473 million in revenues, a $181 million decrease from the fiscal year 1991 revenues, primarily due to significant decreases in oil and natural gas prices. Total costs were $200 million, resulting in net cash flow of $273 million, compared with $454 million in fiscal year 1991. From 1976 through fiscal year 1992, the Naval Petroleum and Oil Shale Reserves generated more than $15 billion in revenues and a net operating income after costs of $12.5 billion. In fiscal year 1992, production at the Naval Petroleum Reserves at maximum efficient rates yielded 26 million barrels of crude oil, 119 billion cubic feet of natural gas, and 164 million gallons of natural gas liquids. From April to November 1992, senior managers from the Naval Petroleum and Oil Shale Reserves held a series of three workshops in Boulder, Colorado, in order to build a comprehensive Strategic Plan as required by Secretary of Energy Notice 25A-91. Other highlights are presented for the following: Naval Petroleum Reserve No. 1--production achievements, crude oil shipments to the strategic petroleum reserve, horizontal drilling, shallow oil zone gas injection project, environment and safety, and vanpool program; Naval Petroleum Reserve No. 2--new management and operating contractor and exploration drilling; Naval Petroleum Reserve No. 3--steamflood; Naval Oil Shale Reserves--protection program; and Tiger Team environmental assessment of the Naval Petroleum and Oil Shale Reserves in Colorado, Utah, and Wyoming

  2. Dynamic room pricing model for hotel revenue management systems

    Directory of Open Access Journals (Sweden)

    Heba Abdel Aziz

    2011-11-01

    Full Text Available This paper addresses the problem of room pricing in hotels. We propose a hotel revenue management model based on dynamic pricing to provide hotel managers with a flexible and efficient decision support tool for room revenue maximization. The two pillars of the proposed framework are a novel optimization model, and a multi-class scheme similar to the one implemented in airlines. Our hypothesis is that this framework can overcome the limitations associated with the research gaps in pricing literature; and can also contribute significantly in increasing the revenue of hotels. We test this hypothesis on three different approaches, and the results show an increase in revenue compared to the classical model used in literature.

  3. Costs and revenues associated with overweight trucks in Indiana.

    Science.gov (United States)

    2012-11-01

    This study estimated highway pavement and bridge damage costs, and analyzed the adequacy of permit revenues to cover these : costs. The study began with an extensive review of the literature on the subject, thus facilitating identification of the gap...

  4. Revenue Improvement Through Demand-Dependent Pricing of Network Services

    National Research Council Canada - National Science Library

    Sanders, David

    2000-01-01

    ... of the expectation of rewards based upon variable demands. This work shows that revenue improvement can occur in this network environment when a dynamic pricing policy is applied as opposed to optimal static pricing...

  5. Fishing Revenue-Intensity Raster Database, 2007-2012

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — These revenue-intensity rasters were built as part of an effort to improve upon the spatial precision of self-reported Vessel Trip Report (VTR) fishing locations....

  6. Updates to Indiana fuel tax and registration revenue projections.

    Science.gov (United States)

    2012-09-01

    Highway revenues both at the federal and state levels have failed to keep up with expected investments required for infrastructure : preservation and improvement. The reasons for this trend include the increasing fuel efficiency of vehicles, slowing ...

  7. Update on State and Local Revenue Loss From Internet Sales

    National Research Council Canada - National Science Library

    White, James

    2001-01-01

    ... sales and use tax revenues. The scenarios showed that there is considerable uncertainty about the size of the impacts and how various assumptions about sales, compliance, and other factors contribute to that uncertainty...

  8. Estimated revenues of VAT and fuel tax on aviation

    Energy Technology Data Exchange (ETDEWEB)

    Korteland, M.; Faber, J.

    2013-07-15

    International aviation is exempt from VAT, both on their inputs (e.g. on fuel or aircraft) and on their revenues (e.g. on tickets). In the EU, aviation fuel is also exempt from the minimum fuel excise tariffs. This report calculates the potential revenues of VAT on tickets and fuel tax on jet fuel. If VAT were to be levied on tickets while other aviation taxes were simultaneously abolished, this would yield revenues in the order of EUR 7 billion. Excise duty on jet fuel would raise revenues in the order of EUR 20 billion. These figures do not take into account the impact of the cost increases on demand for aviation into account. Since higher costs will reduce demand, the estimates can be considered an upper bound.

  9. 19 CFR 10.3 - Drawback; internal-revenue tax.

    Science.gov (United States)

    2010-04-01

    ... 19 Customs Duties 1 2010-04-01 2010-04-01 false Drawback; internal-revenue tax. 10.3 Section 10.3... and Returned § 10.3 Drawback; internal-revenue tax. (a) Except as prescribed in § 10.1(f) or in... tax is imposed on the importation of like articles not previously exported from the United States or...

  10. Soil fertility, crop biodiversity, and farmers' revenues: Evidence from Italy.

    Science.gov (United States)

    Di Falco, Salvatore; Zoupanidou, Elisavet

    2017-03-01

    This paper analyzes the interplay between soil fertility, crop biodiversity, and farmers' revenues. We use a large, original, farm-level panel dataset. Findings indicate that both crop biodiversity and soil fertility have positive effects on farmers' revenues. It is also shown that crop biodiversity and soil fertility may act as substitutes. These results provide evidence for the important role of diversity in the resilience of agroecosystems. Crop diversification can be a potential strategy to support productivity when soils are less fertile.

  11. An Improved Dynamic Programming Decomposition Approach for Network Revenue Management

    OpenAIRE

    Dan Zhang

    2011-01-01

    We consider a nonlinear nonseparable functional approximation to the value function of a dynamic programming formulation for the network revenue management (RM) problem with customer choice. We propose a simultaneous dynamic programming approach to solve the resulting problem, which is a nonlinear optimization problem with nonlinear constraints. We show that our approximation leads to a tighter upper bound on optimal expected revenue than some known bounds in the literature. Our approach can ...

  12. State Government Revenue Recovery from the Great Recession

    OpenAIRE

    James Alm; David L. Sjoquist

    2014-01-01

    The "Great Recession" lasted from December 2007 to June 2009, and it wreaked havoc on the revenues of state (and local) governments. While the U.S. economy has improved since the end of the Great Recession, state government revenues have in most cases still not completely recovered. We use various indicators to measure how different states have -- or have not -- recovered in the aftermath of the Great Recession, and we also attempt to explain why these different patterns of recovery have emer...

  13. Which type of government revenue leads government expenditure?

    OpenAIRE

    Abdi, Zeinab; Masih, Mansur

    2014-01-01

    This Malaysia is a developing Islamic state that faced government budget deficit since 1998. It is undeniable that a budget deficit or inability to cover government spending is not positively seen by external parties. The optimum level of government budget is the state where government spending is totally offset by government revenue and that can be achieved through an increase in tax revenue or decrease in spending. The paper aims to discover the existence of a theoretical relationship betwe...

  14. Potential revenues from a new day-use fee

    Science.gov (United States)

    Stephen D. Reiling; Hsiang-tai Cheng

    1995-01-01

    The Corps of Engineers will be implementing a new user fee at day-use areas during the next two years. This paper presents the procedures used to estimate the revenue that the new fee would generate at six Corps projects located across the U.S. The results suggest that revenues will fall well short of the naive projection calculated on the assumption that the new fee...

  15. Tax Revenue, Stock Market and Economic Growth of Pakistan

    OpenAIRE

    Muhammad Irfan Javaid Attari; Roshaiza Taha; Muhammad Imran Farooq

    2014-01-01

    The purpose of this paper is to examine the effects of capital market and fiscal policy influences in determining the nexus of economic growth in Pakistan from July 2003 to July 2012. The authors utilize ADF unit root test, Johansen Cointegration test, VECM test, Granger causality test and variance decomposition analysis to test the relationship among tax revenue, stock market and economic growth in Pakistan. Granger causality analysis is used to answer questions whether “Does tax revenue cau...

  16. Areva. Nine-month 2007 sales revenue and data

    International Nuclear Information System (INIS)

    2007-10-01

    The main information concerning the nine-month 2007 financial data of the Areva group is a steady growth of 9-month sales revenue, at euro 8.066 billion (+6.8% like-for-like), including euro 2.692 billion in the 3. quarter, i.e. +7.6% like-for-like. The group confirms its strong sales revenue growth objective for 2007

  17. Newspapers and Parties: How Advertising Revenues Created an Independent Press

    OpenAIRE

    Maria Petrova

    2009-01-01

    Does economic development promote media freedom? Do higher advertising revenues tend to make media outlets independent of political groups?in?uence? Using data on the 19th century American newspapers, I show that in places with higher advertising revenues, newspapers were more likely to be independent from political parties. Similar results hold when local advertising rates are instrumented by regulations on outdoor advertising and newspaper distribution. I also show that newly created newspa...

  18. Confiscatory equalization : the intriguing case of Saskatchewan's vanishing energy revenues

    International Nuclear Information System (INIS)

    Courchene, T.J.

    2004-01-01

    This paper examined fiscal policies and factors that affect economic growth. In particular, it examined Saskatchewan's equalization entitlements for energy revenues and how Canada's equalization program confiscated the province's energy revenues for the fiscal year 2000-2001. It included an equalization primer that familiarized readers with the theory and practice of equalization. Several equations and tables relating to the mechanics of equalization were included along with a summary of equalization and tax-back rates that address the nature of tax-back rates that accompany the equalization formula. The author proposed alternative ways to reduce tax-backs such as the generic solution that applies to offshore energy revenues in Nova Scotia and Newfoundland. He also suggested ways in which some important fiscal inequities can be redressed. A remedy that can be applied immediately involves an equitable approach which allows the province to retain at least 30 per cent of its energy revenues. A long term remedy would require the implementation of comprehensive reform such as restoring equalization to its national average standard (NAS) roots, but where only 25 per cent of resource revenues would be eligible for equalization. It was suggested that the maximum equalization tax-back rate for each of Saskatchewan's energy revenue categories should not exceed 70 per cent. refs., tabs., figs

  19. Effect of smoke-free legislation on Ticino gastronomy revenue.

    Science.gov (United States)

    Schulz, Peter J; Hartung, Uwe; Fiordelli, Maddalena

    2012-12-01

    To provide evidence on the effects of smoke-free laws on gastronomy revenue in a European setting based on objective data. Damage to gastronomy revenue is a widely used argument against smoke-free legislation. Gastronomy revenue in Ticino is compared with the rest of Switzerland before and after Ticino banned smoking from gastronomy in April 2007, being the first (and at the time of the study only) Swiss canton to do that. The study uses breakdowns by cantons of taxable revenue of gastronomy branches and retailers (for comparison) provided by the Swiss tax authorities for the years 2005-2008. Revenues of restaurants and bars were not damaged by the Ticino smoke-free law. Decreases in Ticino happened before the smoke-free law came into effect. Evidence for night clubs is inconclusive. The absence of detrimental effects on restaurant and bar revenue corroborates the gist of research on the subject from other countries. The argument that the decline of bar and restaurant sales prior to the implementation of the ban might have occurred in anticipation of the new regulation is not considered tenable.

  20. Blueprint and Approach to Grow Revenue in Small Technology Companies

    Directory of Open Access Journals (Sweden)

    Tony Bailetti

    2010-05-01

    Full Text Available This article examines a new approach to grow the revenue of small technology companies and technology startups. We name this new approach the business ecosystem approach. The article is organized into five sections. The first section provides a blueprint to grow revenue and an inventory of growth formulas that top management teams of small technology companies and founders of startups find useful. The second section briefly defines business ecosystems, keystones and platforms. The third section describes the business ecosystem approach to grow the revenue of small technology companies and technology startups. It compares the traditional and business ecosystem approaches to growing revenue; identifies when the business ecosystem approach works better than the traditional approach; explains what small companies and startups need to do to grow revenue using the business ecosystem approach; and describes the benefits and risks of implementing the business ecosystem approach. The fourth section compares three approaches to growing revenue and highlights the differences between i business ecosystems and development communities and ii the business ecosystem approach and outsourcing. The fifth section identifies the key decisions a small technology company or technology startup needs to make to become the keystone that anchors a business ecosystem.

  1. 136 Tax Revenue, Stock Market and Economic Growth of Pakistan

    Directory of Open Access Journals (Sweden)

    Muhammad Irfan Javaid Attari

    2014-10-01

    Full Text Available The purpose of this paper is to examine the effects of capital market and fiscal policy influences in determining the nexus of economic growth in Pakistan from July 2003 to July 2012. The authors utilize ADF unit root test, Johansen Cointegration test, VECM test, Granger causality test and variance decomposition analysis to test the relationship among tax revenue, stock market and economic growth in Pakistan. Granger causality analysis is used to answer questions whether “Does tax revenue cause the economic growth?” or “Does tax revenue cause the capital market?”. The results demonstrate that there is a bidirectional casualty between tax revenue and economic growth; and a unidirectional causality from capital market to tax revenue. The estimated result shows that growth of Pakistan economy is strongly contributed from the high collection of direct tax revenue and the development of financial market activity. The findings of this paper have important implications to current and potential investors in Pakistan economy to understand the economic condition of Pakistan and to assist them in making their investment decision.

  2. From Uas Data Acquisition to Actionable Information - how AN End-To Solution Helps Oil Palm Plantation Operators to Perform a More Sustainable Plantation Management

    Science.gov (United States)

    Hoffmann, C.; Weise, C.; Koch, T.; Pauly, K.

    2016-06-01

    Palm oil represents the most efficient oilseed crop in the world but the production of palm oil involves plantation operations in one of the most fragile environments - the tropical lowlands. Deforestation, the drying-out of swampy lowlands and chemical fertilizers lead to environmental problems that are putting pressure on this industry. Unmanned aircraft systems (UAS) together with latest photogrammetric processing and image analysis capabilities represent an emerging technology that was identified to be suitable to optimize oil palm plantation operations. This paper focuses on two key elements of a UAS-based oil palm monitoring system. The first is the accuracy of the acquired data that is necessary to achieve meaningful results in later analysis steps. High performance GNSS technology was utilized to achieve those accuracies while decreasing the demand for cost-intensive GCP measurements. The second key topic is the analysis of the resulting data in order to optimize plantation operations. By automatically extracting information on a block level as well as on a single-tree level, operators can utilize the developed application to increase their productivity. The research results describe how operators can successfully make use of a UAS-based solution together with the developed software solution to improve their efficiency in oil palm plantation management.

  3. FROM UAS DATA ACQUISITION TO ACTIONABLE INFORMATION – HOW AN END-TO-END SOLUTION HELPS OIL PALM PLANTATION OPERATORS TO PERFORM A MORE SUSTAINABLE PLANTATION MANAGEMENT

    Directory of Open Access Journals (Sweden)

    C. Hoffmann

    2016-06-01

    Full Text Available Palm oil represents the most efficient oilseed crop in the world but the production of palm oil involves plantation operations in one of the most fragile environments - the tropical lowlands. Deforestation, the drying-out of swampy lowlands and chemical fertilizers lead to environmental problems that are putting pressure on this industry. Unmanned aircraft systems (UAS together with latest photogrammetric processing and image analysis capabilities represent an emerging technology that was identified to be suitable to optimize oil palm plantation operations. This paper focuses on two key elements of a UAS-based oil palm monitoring system. The first is the accuracy of the acquired data that is necessary to achieve meaningful results in later analysis steps. High performance GNSS technology was utilized to achieve those accuracies while decreasing the demand for cost-intensive GCP measurements. The second key topic is the analysis of the resulting data in order to optimize plantation operations. By automatically extracting information on a block level as well as on a single-tree level, operators can utilize the developed application to increase their productivity. The research results describe how operators can successfully make use of a UAS-based solution together with the developed software solution to improve their efficiency in oil palm plantation management.

  4. Ethics and the oil industry

    International Nuclear Information System (INIS)

    Bauquin, P.R.

    2001-01-01

    In many countries public opinions are more and more sensitive to ethical issues linked to the manner in which industries and particularly oil companies behave. Oil companies are frequently unpopular, among the public both in producing and consuming countries. After a brief analysis of the reasons for this unpopularity, the author attempts to show both the ambiguities surrounding the question of ethics, and its complexity. This is especially true when oil companies have to work in countries which are destabilized, and in which disturbances - or even civil wars - may be fuelled by the important revenue streams resulting from the oil production. The various ethical issues are reviewed, from human rights to political interference, without omitting global or local environmental problems. Despite the very deep roots of the various issues the author believe some progress is achievable and advocates that the oil industry lead the way in this difficult domain. (author)

  5. Estimating the maximum potential revenue for grid connected electricity storage :

    Energy Technology Data Exchange (ETDEWEB)

    Byrne, Raymond Harry; Silva Monroy, Cesar Augusto.

    2012-12-01

    The valuation of an electricity storage device is based on the expected future cash flow generated by the device. Two potential sources of income for an electricity storage system are energy arbitrage and participation in the frequency regulation market. Energy arbitrage refers to purchasing (stor- ing) energy when electricity prices are low, and selling (discharging) energy when electricity prices are high. Frequency regulation is an ancillary service geared towards maintaining system frequency, and is typically procured by the independent system operator in some type of market. This paper outlines the calculations required to estimate the maximum potential revenue from participating in these two activities. First, a mathematical model is presented for the state of charge as a function of the storage device parameters and the quantities of electricity purchased/sold as well as the quantities o ered into the regulation market. Using this mathematical model, we present a linear programming optimization approach to calculating the maximum potential revenue from an elec- tricity storage device. The calculation of the maximum potential revenue is critical in developing an upper bound on the value of storage, as a benchmark for evaluating potential trading strate- gies, and a tool for capital nance risk assessment. Then, we use historical California Independent System Operator (CAISO) data from 2010-2011 to evaluate the maximum potential revenue from the Tehachapi wind energy storage project, an American Recovery and Reinvestment Act of 2009 (ARRA) energy storage demonstration project. We investigate the maximum potential revenue from two di erent scenarios: arbitrage only and arbitrage combined with the regulation market. Our analysis shows that participation in the regulation market produces four times the revenue compared to arbitrage in the CAISO market using 2010 and 2011 data. Then we evaluate several trading strategies to illustrate how they compare to the

  6. Effects of revenue from tourism on Montenegro's balance of payments

    Directory of Open Access Journals (Sweden)

    Veličković Maja R.

    2017-01-01

    Full Text Available Tourism is one of the most important industries in Montenegro, having several multiplier effects. Direct contribution of tourism to economic growth and development of Montenegro became even more important in the period after the outbreak of the global economic crisis. Due to low export competitiveness and high dependence of its economy on import, Montenegro has been facing high deficit in foreign trade and balance of payments for years. The article aims to analyze the trend of revenue from foreign tourists and to assess the effects of such revenue on overall changes to the current account of Montenegro's balance of payment. The results of the study show that in the period from 2008 onwards, growth of tourism revenue has lead to increased deficit in balance of payments. Since needs of tourists cannot be met from own sources, Montenegro has increased import of goods and services in the same period, which reduced total effects of tourism. In the years after the outbreak of the global economic crisis, the direct influence of tourism on increased surplus on the services subaccount within the current account of the balance of payments becomes even more important. Growth of tourism revenue leads to significantly higher surplus in the services subaccount, and therefore reduces the balance of payments deficit. Negative effects of tourism on goods import have been significantly reduced over the period, which allowed for a higher degree of coverage of trade deficit by tourism revenue. Increased revenue from foreign tourists at the same time causes higher growth of revenues from transport services, which has indirect positive effect on general changes in the current account of Montenegro's balance of payments.

  7. Government revenue-expenditure nexus: Evidence from several transitional economies

    Directory of Open Access Journals (Sweden)

    Konukcu-Önal Debi

    2008-01-01

    Full Text Available Budget deficits and the debate on the sources of deficit finance have been on the agenda of public economics ever since the 1980s. However recently in the post-communist countries fiscal imbalances appear to be an important problem due to prolonged periods of growing poverty resulting from the transition process. Poverty alleviation policies considerably affect the revenue and expenditure decisions of governments, which are subject to hard budget constraints in an open transitional economy and do not have room for departing from sound fiscal policies. The public finance literature provides a vast number of studies analyzing the relationship between public revenues and expenditures. These studies are mostly characterized by efforts to reveal the attitude of the fiscal authority towards maintaining the budget balance. In this respect, budgetary dynamics in which past government revenues have predictive power on the current level of government expenditures are accepted as evidence of the so-called tax-and-spend hypothesis. On the other hand, the revenue-expenditure nexus running from expenditures to revenues is known in the literature as the spend-and-tax hypothesis. The objective of this study is to analyze empirically the relationship between government revenues and expenditures in four of the transitional economies, i.e. Belarus, Kazakhstan, the Kyrgyz Republic and the Russian Federation. The empirical findings of this study, which are based on Granger causality tests, indicate evidence supporting the tax-and-spend hypothesis in Belarus and the Russian Federation and fiscal synchronization in Kazakhstan and the Kyrgyz Republic. The empirical support for the tax-and-spend hypothesis in these economies implies that increasing government revenues may not end up with lower budget deficits due to their stimulating effect on the demand for public goods and services.

  8. Contribution to the analysis of the application of sustainable development principle in oil sector (the dimension of the principle in economic law)

    International Nuclear Information System (INIS)

    Tonkin, M.

    1999-01-01

    The main elements of the sustainable development problems in the petroleum industry which generate the question of the international environmental regulation, the international development regulation and other internal regulation, are discussed. What are the Rio principles implication in this industry? What are the actions implemented by the petroleum industry and the concerned countries, in the topic of the sustainable development? What are the barriers? All these questions are discussed in this thesis. (A.L.B.)

  9. Las empresas latinoamericanas del sector del petróleo y gas ante la información sobre sostenibilidad. Latin American oil and gas corporations and the sustainability information.

    Directory of Open Access Journals (Sweden)

    Arturo Haro de Rosario

    2016-04-01

    Full Text Available Resumen: El sector del petróleo y gas es un sector económico estratégico con repercusiones a escala global. Sin embargo, una de las principales limitaciones de esta industria radica en las características de las regiones en las que opera, ya que a menudo se trata de zonas geográficas de elevada importancia bioclimática, zonas con poblaciones indígenas o sectores rurales sumidos en la pobreza. Esto ha generado que los stakeholders presten cada vez más atención a las implicaciones sociales, naturales y económicas de las actividades del sector del petróleo y gas. Así las cosas, teniendo en cuenta que los países latinoamericanos cuentan con las mayores reservas convencionales mundiales de petróleo, el presente artículo tiene como objetivo cuantificar la información voluntaria sobre sostenibilidad que divulgan las empresas petroleras y gasíferas que operan en Latinoamérica.   Abstract:  The oil and gas sector is a strategic area of the economy with global repercussions. This industry faces a major handicap, namely the characteristics of the regions in which it operates, which are often geographic areas of great bioclimatic importance, or inhabited by indigenous populations, or comprised of very low income rural sectors. In response, stakeholders are paying ever greater attention to the social, natural and economic consequences of oil and gas sector activities. Taking into consideration that Latin American countries possess the largest conventional oil reserves in the world, this paper aims to quantify the sustainability information disclosed voluntarily by oil and gas companies operating in Latin America.

  10. Middle East oil and gas

    International Nuclear Information System (INIS)

    1995-01-01

    This study is intended to shed light on structural changes occurring in six Middle East countries (Iran, Iraq, Kuwait, Qatar, Saudi Arabia and the United Arab Emirates) that can be expected to have a significant impact on their oil and gas industry. These six countries provide 42% of the world's traded crude oil, on which Member countries of the International Energy Agency (IEA) are increasingly dependent. They also contain about 65% and 30% of the world's proven oil and natural gas reserves, respectively, and command a strategic location between Europe and Asia. The Middle East has been one of the most volatile parts of the world where war, revolution and embargoes have caused major upheavals that have led to oil supply disruptions. The oil resources of all six countries were initially developed by international oil companies and all are members of the Organization of the Petroleum Exporting Countries (OPEC). In 1994, their crude oil production capacity was about 23 million barrels per day (mbd) and is planned to expand to about 28 mbd by the year 2000. Revenue from the sale of oil accounts for more than 80% of each nation's total exports and about 75% of each government's income. The objectives of this study are: to detail their announced oil and gas development plans, to describe the major trends occurring in these countries, to outline the government responses to the trends, and to analyse the impact of government policies on oil and gas development. (J.S.). 121 refs., 136 figs., 212 tabs

  11. Oil tariff policy

    Energy Technology Data Exchange (ETDEWEB)

    Hogan, W.W. (Energy and Environmental Policy Center, Harvard Univ., 79 John F. Kennedy St., Cambridge, MA (US)); Broadman, H.G. (U.S. Senate Government Affairs Committee (US))

    1988-01-01

    A tariff on U.S. oil imports is justified by the special characteristics of oil and oil markets. Unlike other commodities, oil production and prices have been manipulated successfully by foreign producers for protracted periods. Moreover, unlike most other products, the price and availability of oil significantly affect macro-economic variables such as our trade balance, the rate of inflation, and the aggregate level of economic activity. And, more than most commodities, oil is crucial to our national security. For these reasons, the full cost of U.S. oil imports is not reflected in the price we pay in the world market. The gap between the true cost of oil to the nation and the market price justifies imposition of an offsetting tariff. Beleagured domestic oil producers have called for a tariff on imported petroleum supplies. Such a protectionist measure would, in effect, provide them with price guarantees in the face of soft market conditions. Behind the producers' argument is the belief that world oil prices will remain low for a sustained period of time and that, as a result, there will be an appreciable decline in U.S. exploration, development, and production activity, posing a major threat to the future viability of the U.S. oil industry.

  12. Assessment of OPEC's oil pricing policy from 1970 to 2000

    International Nuclear Information System (INIS)

    Kazim, A.

    2007-01-01

    The Organization of the Petroleum Exporting Countries (OPEC) is an international organization, composed of eleven developing countries that rely on oil revenues as their main source of income. The member countries include: Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, United Arab Emirates, Saudi Arabia and Venezuela. These member countries collectively supply approximately 40 per cent of the world's oil output, and possess more than three-quarters of the world's total proven crude oil reserves. Currently, OPEC's approximate rate of oil production and export is 25 million barrels per day with Saudi Arabia alone contributing about one third of this rate. However, in the recent years the economy of major OPEC countries mainly Saudi Arabia, Venezuela, Algeria, Indonesia and Iran has been significantly hindered by the instability of oil price as a result of fluctuations in the American dollar. This paper presented a simple economical assessment of OPEC's oil pricing policy from 1970 to 2000. Fluctuations of the oil price in American dollars were analysed against other major currencies. Their influences on the generated revenues were determined. In order to explore the most advantageous scenario, the oil pricing policy during that period was compared with two baskets of currencies. It was concluded that results indicated that OPEC members could have achieved a total current savings of at least 170 billion dollars if the price of oil was linked to a basket of currencies from 1970 to 2000. These savings were approximately equivalent to the revenues generated in at least 1 year of OPEC's average rate of oil production and export. It was recommended that OPEC members should consider restructuring their oil pricing policy by taking effective measures such as linking the price of oil to a basket of currencies in order to stabilize the price of oil and secure stable revenue generated from their oil production and export. 17 refs., 1 tab., 4 figs

  13. Praktik Revenue Sharing dan Implikasinya pada Kesejahteraan Masyarakat

    Directory of Open Access Journals (Sweden)

    Akhmad Thoha

    2011-04-01

    Full Text Available Revenue Sharing Practices and Its Implication to Society Welfare. This research aims to develop the concept of Revenue Sharing and Its Implications on Welfare Society based on empirical data collected during the study in the SRB Asri Jember. This research used Grounded Theory approach with systematic procedures through the analysis of coding and categorization that comes with giving a name in each category, further divided into an array of conception. Revenue Sharing Practices are derived from based to Al-Quran and Al-Hadis laden with moral values ​​and spiritual Islam that upholds honesty, transparency, and welfare of the community so as to ensure the creation of justice reduced economic inequality. Implications of Revenue Sharing Concept formulated consists of two principles, namely: revenue sharing as a form of profit sharing and loss based on mutual agreement between the bank and the customer and falah the welfare of society through the distribution of income through Alqordhul hasan funds sourced from the zakat, infaq and shodaqoh.

  14. Pilot-Scale Biorefinery: Sustainable Transport Fuels from Biomass and Algal Residues via Integrated Pyrolysis, Catalytic Hydroconversion and Co-processing with Vacuum Gas Oil

    Energy Technology Data Exchange (ETDEWEB)

    Elliott, Douglas [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Olarte, M. V. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Hart, T. R. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States)

    2016-07-21

    Beginning in 2010, UOP, along with the Department of Energy and other project partners, designed a pathway for an integrated biorefinery to process solid biomass into transportation fuel blendstocks. The integrated biorefinery (IBR) would convert second generation feedstocks into pyrolysis oil which would then be upgraded into fuel blendstocks without the limitations of traditional biofuels.

  15. The challenge of sustainability

    International Nuclear Information System (INIS)

    Orr, D.W.

    1993-01-01

    This paper discusses sustainability in a world that has changed rapidly. The author suggests that ecological assumptions embedded in communism and capitalism are badly flawed, but the flaws were not apparent when there were fewer than a billion people on earth living at low technology levels. Sustaining the earth's vital signs is a challenge to our perception of time, and the numbers - population, environmental damage, oil consumption, waste disposal - are too large to comprehend easily. There is a global debate about what sustainability means. In fact the challenge of sustainability is 6 different challenges: overcoming the tendency to deny inconvenient realities; establishing accurate indicators of human and ecological health; questions about the kinds of technology necessary to make the transition to sustainability; education; the need for an emotional bond between man and nature; rebuilding the existing democratic institutions. 16 refs

  16. 77 FR 65608 - Proposed Collection; Comment Request for Revenue Ruling 2000-35

    Science.gov (United States)

    2012-10-29

    ... Internal Revenue Service Proposed Collection; Comment Request for Revenue Ruling 2000-35 AGENCY: Internal...(c)(2)(A)). Currently, the IRS is soliciting comments concerning Revenue Ruling 2000-35, Automatic...: Automatic Enrollment in Section 403(b) Plans. OMB Number: 1545-1694. Form Number: Revenue Ruling 2000-35...

  17. Poweo - 2007 revenue of 363 million euro, up 48%

    International Nuclear Information System (INIS)

    2008-02-01

    Poweo, the leading independent energy operator in France, presents its key activity indicators for the 4. quarter 2007 and the overall 2007 year (non-audited data): electricity and gas sales, energy and service supplies, revenue, margin and income. The main results are summarized thereafter: 129.8 million euro revenue for the 4. quarter (67.1% of positive growth with respect to 2006); 363.1 million euro revenue for 2007 (48.5% increase with respect to 2006); 91431 active client sites on December 31, 2007 (80300 on December 31, 2006); 13000 new residential client sites registered since the beginning of 2008; more than 3800 MW of fossil fuel power plant projects and 1200 MW of renewable power plant projects (500 MW in offshore wind power) with 30 to 100% estimated rates of success; a 41 MW wind power capacity already in operation. (J.S.)

  18. Revenue opportunities for gas plants arising from electricity deregulation

    International Nuclear Information System (INIS)

    Bachmann, G.C.

    1999-01-01

    A brief overview of deregulation in the electric power industry and an explanation of how these changes can be used to increase revenues of gas processing plants is provided. Deregulation in the electric power industry provides the potential to significantly reduce energy costs for the gas plant and allows technology to be applied to make a better use of a valuable commodity. Owners and operators of gas processing plants increase their operating income by taking advantage of co-generation systems which provide heat and electrical energy to the gas plant. Such an application has three revenue streams, the main one being the power sales to the gas plant, the second one heat sales, and the third increased revenues from the gas plant through a reduction of overall costs, not to mention significantly reduced downtime. Further savings are possible through diversion of excess energy produced to other facilities owned by the gas plant owner

  19. 30 CFR 208.4 - Royalty oil sales to eligible refiners.

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false Royalty oil sales to eligible refiners. 208.4 Section 208.4 Mineral Resources MINERALS MANAGEMENT SERVICE, DEPARTMENT OF THE INTERIOR MINERALS REVENUE MANAGEMENT SALE OF FEDERAL ROYALTY OIL General Provisions § 208.4 Royalty oil sales to eligible refiners. (a...

  20. Resource linkages and sustainable development

    Science.gov (United States)

    Anouti, Yahya

    prices we estimate that the demand for gasoline could be reduced by 7.8 percent and that of diesel by 5.9 percent. This would lead to not only reduction in the associated negative externalities, but also to the generation of more than USD400 billion in revenues for governments. However, the partial equilibrium analysis in essay one ignores the general equilibrium effects that will be mainly driven by how the government spends the subsidy. In essay 2, we build the case for phasing out these subsidies and accompanying that by a welfare compensating cash transfer. In order to evaluate the impact of that on consumer's welfare, we develop a numerical model for Saudi Arabia in a general equilibrium setting to discuss a phase out of transport fuel subsidies that is. Results show that the Saudi government can increase its consumers' welfare up to five percentage points. In case the cash transfer is adjusted to keep consumers' utility at the pre-reform level, the required compensating transfer would leave the government with three percentage points of additional revenues. Finally, we highlight policy implications of phasing out the transport fuel subsidies. Finally, in essay 3 we turn our focus to the application of local content policies in the oil and gas sector. There is limited literature that investigates economic linkages from the extractive industries, assesses intertemporal tradeoffs, and guides the design of efficient and sustainable policies. Our contribution in this essay is three-fold. First, we present the first comprehensive analysis of economic linkages from the oil and gas sector across 48 countries. Then, we analyze the economic distortions from applying local content policies using a Hotelling type optimal control model with an international oil company maximizing its profits subject to a local content requirement. Finally, we investigate the presence of a socially optimal local content level when the social planner maximizing the net benefits from the

  1. Optimal Fiscal Strategy for Oil Exporting Countries

    OpenAIRE

    Eduardo M.R.A. Engel; Rodrigo Valdés

    2000-01-01

    This paper develops simple guidelines for fiscal policy in oil producing countries, focusing on three issues: intergenerational oil distribution, precautionary saving, and adjustment costs. The paper presents a framework to analyze how the revenue generated by an exhaustible source of wealth that belongs to the government should be distributed between current and future generations. This framework is used to show the strengths and limitations of existing answers, which motivates a new approac...

  2. Impact of Coal Sales on Revenue Sharing Fund And Environment in The South Sumatra Province

    Directory of Open Access Journals (Sweden)

    Fettymia Fettymia

    2018-03-01

    Full Text Available Coal prices between 2006-2015 trend was fluctuate but tend to decrease every year and affect regional income, especially South Sumatra Province. Coal prices fluctuation are influenced by several factors, the decline of world oil prices, coal production surplus, and China imports restriction. Coal mining industry also give a direct impact to the environment especially effect to work environment for the company workers and the people environment around mining. The coal mining company absorbs local labor so as to increase local revenues from individual income taxes. This research use quantitative approach using Ordinary Least Square (OLS analytical method with E-views 7 software. Multiple linier regression technique also applied. The Secondary data is time series of 2006 - 2015. The results presented in form of tables, images and narration. From this research can be drawn conclusion that price fluctuations have no effect on regional income, but production sold has an effect on regional income.

  3. REVENUE DIVERSIFICATION, PERFORMANCE, AND BANK RISK: EVIDENCE FROM INDONESIA

    Directory of Open Access Journals (Sweden)

    Mutiara Nur Hafidiyah

    2016-12-01

    Full Text Available This paper examines the effect of revenue diversification on bank performance and bank risk by studying 101 conventional commercial banks in Indonesia over the period of 2010-2014 resulting in 505 observations. By employing panel least square technique, our results show that revenue diversification negatively affects bank performance. Moreover, it is found that diversified banks are riskier than specialized banks. The risk is diminished when state-owned banks diversify their business. Joint venture banks are riskier than other banks when they engage in non-interest income activities.

  4. Kenya at a Crossroads: Hopes and Fears Concerning the Development of Oil and Gas Reserves

    Directory of Open Access Journals (Sweden)

    Patricia I. Vasquez

    2013-11-01

    Full Text Available Kenya is expected to become a hydrocarbon producer and an oil export hub in the coming years and if properly managed, oil and gas could provide Kenya with a unique opportunity to cement the path towards sustainable economic growth that the country engaged in a few years ago. However, mismanagement of the newly found oil and gas reserves will not only deprive the East African nation of a chance to prosper, but could spur renewed conflict. Kenya recently engaged in deep institutional reforms through the adoption of ‘Devolution’, aimed at addressing the country’s most severe governance weaknesses. The combination of oil and gas revenues, improved governance and a peaceful context could set the stage for Kenya to leave behind its old woes of corruption, political patronage, ethnic rivalries and violence. It is a challenging endeavor and Kenya will encounter many stumbling blocks on the way, as the brutal terrorist attack of September 2013 in a Nairobi shopping mall reminded us. This article analyzes the potential for Kenya to engage in sound management of its nascent hydrocarbon industry and the dangers if the country fails to do so.

  5. Trade liberalization and tax reform strategies: The case of the Korean oil industry

    International Nuclear Information System (INIS)

    Shim, Kieun; Jung, Yonghun

    2012-01-01

    The decline in government revenues due to tariff reductions has become a major concern for most developing countries, including Korea. This paper focuses on the Korean oil industry to examine which post-trade liberalization tax reform strategy is optimal, depending on the government's priority between social welfare and government revenue. We find that the important factors for choosing an optimal tax reform policy are price elasticity of demand and market competition. Based on a price-inelastic demand and the low competitive market for Korea's oil industry, if the goal of a tax reform policy is to increase social welfare, the recommended strategy is to raise the consumption tax by a scale of less than the sum of tariff cuts times the crude oil price and oil import tax cuts. This strategy would also reduce inflation, but it could be detrimental to government revenue. However, if the policy's goal is the preservation of government revenue, the recommended strategy is to raise the consumption tax by a scale equal to the sum of tariff cuts times the crude oil price at the pre-tax reform and oil import tax cuts. This strategy does not change either government revenue or social welfare. - Highlights: ▶ Which post-trade liberalization tax reform is optimal for Korea's oil industry? ▶ Both final and intermediate markets are modeled under imperfect competition. ▶ Both price elasticity and market competition are important for an optimal tax reform. ▶ The optimal tax reform depends on the priority between welfare and government revenue.

  6. Powering Kuwait into the 21. Century. Adopting a Sustainable Strategy

    International Nuclear Information System (INIS)

    Boncourt, Maite de

    2012-09-01

    of the new buildings. New refining activities will also be energy intensive. This in turn could increase the number of migrant workers and consequently the population would grow faster than on a business as usual trend. Consumption forecasts are well below neighbour countries estimates, and this report is also conservative compared to official forecasts data. Last but not least, other sectors such as transport or petrochemicals will need an increasing amount of oil. The domestic oil consumption will in any case in increase in the years to come. This report concludes that Kuwait's power sector fuel mix and consumption path is not sustainable. In the short term, rising power consumption could lead to shortages in power capacity. Due to this unexpected power demand, capacity utilisation has been almost complete. Successive black outs in the last years led to the installation of expensive to run emergency gas fired turbines. In the no change scenario, growing power consumption would lead to decrease in oil export revenues, representing 91.6% of the state 2010/2011 budget. This would have a very negative impact on the overall economy, which is not substantially diversified yet. Costs would on the other hand increase as more power capacity would need to be installed, a larger amount of increasingly expensive fuel will have to be purchased and the state power subsidies bill, already amounting to $9 billion, will explode. While rising oil prices could compensate to a certain extent, and wait and see strategy risks locking Kuwait into a non-viable path

  7. Tax Limitations and Revenue Shifting Strategies in Local Government

    DEFF Research Database (Denmark)

    Blom-Hansen, Jens; Bækgaard, Martin; Serritzlew, Søren

    2014-01-01

    strategically change their revenue structure and increase reliance on income sources not subjected to limitations. However, these findings are overwhelmingly based on studies of state and local governments in the USA. Their relevance outside this empirical setting remains unclear. A study of Denmark, where...

  8. 76 FR 6313 - Asparagus Revenue Market Loss Assistance Payment Program

    Science.gov (United States)

    2011-02-04

    ... DEPARTMENT OF AGRICULTURE Commodity Credit Corporation 7 CFR Part 1429 RIN 0560-AI02 Asparagus... Agency, USDA. ACTION: Final rule. SUMMARY: This rule implements the Asparagus Revenue Market Loss... Bill). The ALAP Program will compensate domestic asparagus producers for marketing losses resulting...

  9. 75 FR 41397 - Asparagus Revenue Market Loss Assistance Payment Program

    Science.gov (United States)

    2010-07-16

    ... DEPARTMENT OF AGRICULTURE Commodity Credit Corporation 7 CFR Part 1429 RIN 0560-AI02 Asparagus... to implement the new Asparagus Revenue Market Loss Assistance Payment (ALAP) Program authorized by... compensate domestic asparagus producers for marketing losses resulting from imports during the 2004 through...

  10. Wages and employment in a repeated game with revenue fluctuations

    DEFF Research Database (Denmark)

    Schultz, Christian

    1997-01-01

    Empirical investigations suggests that the real wage is surprisingly flat over the business cycle. This paper analyses a repeated game between a union and a firm which can contribute to explaining the flat wage. The parties cannot enter binding contracts, and revenue is fluctuating. The paper...

  11. State policy change: Revenue decoupling in the electricity market

    Science.gov (United States)

    McNeil, Kytson L.

    The study seeks to answer the question, why are states adopting revenue decoupling in the electricity market, by investigating the relationship between policy adoption and attributes of the electricity market, the structure of the state utility commissions, and the political climate of the state. The study examines the period 1978-2008. Two econometric models, the marginal risk set model and the conditional risk set model, are estimated to predict the influence of covariates on the probability of the state adopting revenue decoupling in the electricity market. The models are both variants of the Cox proportional hazard model and use different underlying assumptions about the nature of adoption of revenue decoupling and when the states are considered to be at risk of adoption. Results suggest that market attributes, such as the source of electricity generation in the state, state energy intensity, and the distribution of non-public and public utilities, significantly influence the adoption of the policy. Also, the method of selecting commissioners and the party affiliation of elected officials in the state are important factors. The study concludes by suggestions to improve the implementation and evaluation of revenue decoupling in the electricity markets.

  12. Revenue and Health Impacts of Restructuring Tobacco Excise Tax ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Revenue and Health Impacts of Restructuring Tobacco Excise Tax in the Philippines. A proposed law in the Philippines to increase the excise tax on tobacco by 215% will likely have implications for tobacco control and consumption, and public health, not just for that country but for the region. Although half of deaths due to ...

  13. Generation of Tax Revenue in the Nigeria Private Sector | Ezeagba ...

    African Journals Online (AJOL)

    employed people has always posed a problem. Millions of Naira have been lost due to prevalence of .tax evasion and avoidance among the .self-employed people. Consequently, taxation cannot be used as a. major instrument for revenue generation ...

  14. 50 CFR 34.5 - Distribution of revenues.

    Science.gov (United States)

    2010-10-01

    ... or local law, or otherwise, the Service will make the payments directly to local units of government... revenues. The Act provides that the Secretary, at the end of each fiscal year, shall pay to each county out of the fund: (a) For reserve areas, an amount equal to 25 per centum of the net receipts, collected...

  15. Determinants of Revenue Derived from Pineapple Marketing in Edo ...

    African Journals Online (AJOL)

    Determinants of Revenue Derived from Pineapple Marketing in Edo State, Nigeria. ... Journal of Agricultural Research and Development ... The specific objectives are to describe the marketers, determine the marketing margin and efficiency, estimate the profitability of pineapple marketing and identify the factors affecting the ...

  16. 14 CFR Section 9 - Functional Classification-Operating Revenues

    Science.gov (United States)

    2010-01-01

    ... (AVIATION PROCEEDINGS) ECONOMIC REGULATIONS UNIFORM SYSTEM OF ACCOUNTS AND REPORTS FOR LARGE CERTIFICATED... revenues from the air transportation of traffic of all classes. It shall consist of the following... 14 Aeronautics and Space 4 2010-01-01 2010-01-01 false Functional Classification-Operating...

  17. 77 FR 20884 - Proposed Collection; Comment Request for Revenue Procedure

    Science.gov (United States)

    2012-04-06

    ... 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). The IRS is soliciting comments concerning information collection requirements related to guidance for qualification as an acceptance agent, and execution of an agreement between an acceptance agent and the Internal Revenue Service relating to the...

  18. Increasing Medicaid Revenue Generation for Services by School Psychologists

    Science.gov (United States)

    Hybza, Megan M.; Stokes, Trevor F.; Hayman, Marilee; Schatzberg, Tracy

    2013-01-01

    We examined a performance improvement package with components of feedback, goal setting, and prompting to generate additional revenue by improving the consistency of Medicaid billing submitted by 74 school psychologists serving 102 schools. A multiple baseline design across three service areas of a county school system demonstrated the…

  19. HEALTHY Study School Food Service Revenue and Expense Report

    Science.gov (United States)

    Trevino, Roberto P.; Pham, Trang; Mobley, Connie; Hartstein, Jill; El Ghormli, Laure; Songer, Thomas

    2012-01-01

    Background: Food service directors have a concern that federal reimbursement is not meeting the demands of increasing costs of healthier meals. The purpose of this article is to report the food option changes and the annual revenues and expenses of the school food service environment.

  20. 7 CFR 457.167 - Pecan revenue crop insurance provisions.

    Science.gov (United States)

    2010-01-01

    ... which two or more crops are planted in any form of alternating or mixed pattern. Market price—The market...: Pecan Revenue Crop Insurance Provisions 1. Definitions AMS. The Agricultural Marketing Service of the... marketing—Sale of the insured crop directly to consumers without the intervention of an intermediary such as...

  1. Jurisdiction Impact of Revenue Allocation on States and Local ...

    African Journals Online (AJOL)

    This article is descriptive in nature and it tries to ascertain the variousformulas used by federal government of Nigeria to allocate Revenue from federation account and their socio-economic impact on the states and local government councils. Primary and secondary data were adequately made use of in the study. Analysis ...

  2. A critical evalluation of internal revenue generating efforts of some ...

    African Journals Online (AJOL)

    In a bid to enhance improvement of local government internal revenue efforts, the federal government has embarked on several policies some of these include; the creation of more local government areas from 96 divisions in 1963 to 774 local government areas in 1993. The local government reform of 1976 and the use of ...

  3. 76 FR 52384 - Indexing the Annual Operating Revenues of Railroads

    Science.gov (United States)

    2011-08-22

    ... real business expansion and not from the affects of inflation. Classification is important because it... developed by the Bureau of Labor Statistics (BLS). The STB's deflator factor is used to deflate revenues for... Board, William F. Huneke, Director, Office of Economics. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2011...

  4. 77 FR 34125 - Indexing the Annual Operating Revenues of Railroads

    Science.gov (United States)

    2012-06-08

    ... real business expansion and not from the affects of inflation. Classification is important because it... developed by the Bureau of Labor Statistics (BLS). The STB's deflator factor is used to deflate revenues for..., William F. Huneke, Director, Office of Economics. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2012-13938...

  5. 78 FR 21007 - Indexing the Annual Operating Revenues of Railroads

    Science.gov (United States)

    2013-04-08

    ... real business expansion and not from the affects of inflation. Classification is important because it... developed by the Bureau of Labor Statistics (BLS). The STB's deflator factor is used to deflate revenues for...- 8339] By the Board, William F. Huneke, Director, Office of Economics. Jeffrey Herzig, Clearance Clerk...

  6. Does financial system influence tax revenue? The case of Nigeria ...

    African Journals Online (AJOL)

    We examined the influence of financial system activities on tax revenue collection in Nigeria for the period of 1981-2014. After given consideration for the period of banking crisis with the employment of ARDL/ Bound test, causality test, variance decomposition and impulse response techniques, our analysis showed that ...

  7. Revenue Management and Demand Fulfillment: Matching Applications, Models, and Software

    NARCIS (Netherlands)

    R. Quante (Rainer); H. Meyr (Herbert); M. Fleischmann (Moritz)

    2007-01-01

    textabstractRecent years have seen great successes of revenue management, notably in the airline, hotel, and car rental business. Currently, an increasing number of industries, including manufacturers and retailers, are exploring ways to adopt similar concepts. Software companies are taking an

  8. Assessment of Tourists Flow and Revenue Generation in Kainji ...

    African Journals Online (AJOL)

    The authorities of KLNP would have to explore the full range of income generation opportunities in ecotourism. There is need to improve upon the state of facilities in the park and orient these towards meeting visitors' needs and wants for improved revenue generation. Key words: Kainji Lake National Park, Ecotourism, ...

  9. A Revenue Maximization Approach for Provisioning Services in Clouds

    Directory of Open Access Journals (Sweden)

    Li Pan

    2015-01-01

    Full Text Available With the increased reliability, security, and reduced cost of cloud services, more and more users are attracted to having their jobs and applications outsourced into IAAS data centers. For a cloud provider, deciding how to provision services to clients is far from trivial. The objective of this decision is maximizing the provider’s revenue, while fulfilling its IAAS resource constraints. The above problem is defined as IAAS cloud provider revenue maximization (ICPRM problem in this paper. We formulate a service provision approach to help a cloud provider to determine which combination of clients to admit and in what Quality-of-Service (QoS levels and to maximize provider’s revenue given its available resources. We show that the overall problem is a nondeterministic polynomial- (NP- hard one and develop metaheuristic solutions based on the genetic algorithm to achieve revenue maximization. The experimental simulations and numerical results show that the proposed approach is both effective and efficient in solving ICPRM problems.

  10. Gender and Taxation : Improving Revenue Generation and Social ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Gender and Taxation : Improving Revenue Generation and Social Protection in Developing Countries. Tax policies in developing countries, and indeed around the world, are under continued reform. However, these reforms are generally guided by the desire to introduce administrative efficiency and facilitate integration into ...

  11. 76 Jurisdiction Impact of Revenue Allocation on States and Local ...

    African Journals Online (AJOL)

    User

    2010-10-17

    Oct 17, 2010 ... Alm and Boex, (2002), argues also that use of equity principles in revenue sharing leads to high rate of efficiency losses because it frees the states from the effect of scale of economies, for instance, the expenditures of the new states not only include the construction and operation of new state administrative ...

  12. Revisiting the relevance of economic theory to hotel revenue ...

    African Journals Online (AJOL)

    This paper explores the role of economics in hospitality education and industry practice, with a particular focus on revenue management, and puts forward an argument for a return to the inclusion of economic theory in UK hospitality education, not seen since the 1990s. Given the increasing amounts of pricing data available ...

  13. Determinants of the revenue and productivity of Fadama farmers in ...

    African Journals Online (AJOL)

    However, labor, farm size, planting materials, cost of fertilizer and amount of water used significantly influenced net revenue of the farmers. The result shows further that maize was the most productive planting material while land clearing was the most productive labor used by the farmers. Farm size was also found to be the ...

  14. Areva revenue and data for the first quarter of 2008

    International Nuclear Information System (INIS)

    2008-01-01

    First quarter 2008 revenue was up 12.1% year-on-year, to 2.769 billion euros. Like-for-like (at constant exchange rates and consolidation scope), growth came to 14.5%. Foreign exchange had a negative impact of 2.5%, or -69 million euros, mainly due to currency translation tied to the US dollar drop compared with the euro. The consolidation scope had a positive impact of +0.7% or 18 million euros, chiefly as a result of the consolidation of VEI Distribution (specializing in medium voltage distribution) and Passoni and Villa (world leader in the manufacture of high voltage bushings) in the Transmission and Distribution division. The main growth engines for first quarter revenue were the Reactors and Services division and the Back End division, with growth of 29.7% (+36.8% LFL1) and 13.8% (+14.1% LFL1) respectively. Outside France, revenue rose to 1.857 billion euros, compared with 1.753 billion euros in the first quarter of 2007. This represents 67% of total revenue. As a reminder, the group points out that: - revenue can vary significantly from one quarter to the next in the nuclear businesses, and quarterly operations should therefore not be taken as a reliable basis for annual projections; - the foreign exchange impact mentioned in this release comes from the translation of subsidiary accounts into the group's unit of account, and primarily reflects the US dollar in relation to the euro. AREVA also points out that its foreign exchange hedging policy for commercial operations aims to shield profitability from fluctuations in exchange rates in relation to the euro

  15. The outlook for US oil dependence

    International Nuclear Information System (INIS)

    Greene, D.L.; Jones, D.W.; Leiby, P.N.

    1998-01-01

    Oil dependence is defined as a dynamic problem of short- and long-run market power. The potential monopoly power of an oil cartel depends on its market share and the elasticities of oil supply and demand, while the economic vulnerability of oil-consuming states depends most directly on the quantity of oil imported and the oil cost share of gross domestic product (GDP). Of these factors, only the market share of the Organization of Petroleum Exporting Countries (OPEC) cartel and the rate of growth of world oil demand are clearly different than they were 25 years ago. OPEC still holds the majority of world oil and, in the future, will regain market share. A hypothetical 2-year supply reduction in 2005-2006, similar in size to those of 1973-1974 or 1979-1980, illustrates the potential benefits to OPEC and harm to the US economy of a future oil price shock. OPEC's revenues are estimated to increase by roughly $0.7 trillion, while the US economy loses about $0.5 trillion. Strategic petroleum reserves seem ineffective against a determined, multi-year supply curtailment. Increasing the market's price responsiveness by improving the technologies of oil supply and oil demand can greatly reduce the costs of oil dependence. Each element of this interpretation of the oil dependence problem is well supported by previous studies. This paper's contribution is to unite these elements into a coherent explanation and to point out the enormously important implications for energy policy. (Author)

  16. Grassland Sustainability

    Science.gov (United States)

    Deborah U. Potter; Paulette L. Ford

    2004-01-01

    In this chapter we discuss grassland sustainability in the Southwest, grassland management for sustainability, national and local criteria and indicators of sustainable grassland ecosystems, and monitoring for sustainability at various scales. Ecological sustainability is defined as: [T]he maintenance or restoration of the composition, structure, and processes of...

  17. The growth of sport shooting participation: What does this trend mean for conservation revenue?

    Science.gov (United States)

    Duda, Mark D.; Beppler, Tom; Organ, John F.

    2017-01-01

    Enacted in 1937, the Federal Aid in Wildlife Restoration Act – more commonly known as the Pittman-Robertson Act – is one of the oldest and most reliable sources of funding for wildlife conservation in the United States. The result of organized support form sportsmen, fish and wildlife agencies, firearms manufacturers, conservation organizations, and even garden clubs, the PR Act created an excise tax on so-called “long guns” and ammunition used by hunters, thereby establishing the first sustainable source of revenue dedicated to conservation and land management efforts throughout the country. Later, legislators amended the PR Act to include an excise tax on pistols, revolvers, bows, arrows, and other archery equipment.

  18. Diesel oil

    Science.gov (United States)

    Oil ... Diesel oil ... Diesel oil poisoning can cause symptoms in many parts of the body. EYES, EARS, NOSE, AND THROAT Loss of ... most dangerous effects of hydrocarbon (such as diesel oil) poisoning are due to inhaling the fumes. NERVOUS ...

  19. Palm Oil

    Science.gov (United States)

    Palm oil is obtained from the fruit of the oil palm tree. Palm oil is used for preventing vitamin A deficiency, cancer, ... high blood pressure, high cholesterol, and cyanide poisoning. Palm oil is used for weight loss and increasing the ...

  20. 75 FR 78804 - Proposed Collection; Comment Request for Revenue Procedure 2003-45 and Revenue Procedure 2004-48

    Science.gov (United States)

    2010-12-16

    ... 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning... Corporate Election for Late Electing S Corporations. DATES: Written comments should be received on or before... Revenue Procedure 2004-48, Deemed Corporate Election for Late Electing S Corporations. OMB Number: 1545...

  1. Sustainable hydrogen production from bio-oil model compounds (meta-xylene) and mixtures (1-butanol, meta-xylene and furfural).

    Science.gov (United States)

    Bizkarra, K; Barrio, V L; Arias, P L; Cambra, J F

    2016-09-01

    In the present work m-xylene and an equimolecular mixture of m-xylene, 1-butanol and furfural, all of them bio-oil model compounds, were studied in steam reforming (SR) conditions. Three different nickel catalysts, which showed to be active in 1-butanol SR (Ni/Al2O3, Ni/CeO2-Al2O3 and Ni/La2O3-Al2O3), were tested and compared with thermodynamic equilibrium values. Tests were carried out at temperatures from 800 to 600°C at atmospheric pressure with a steam to carbon ratio (S/C) of 5.0. Despite the different bio-oils fed, the amount of moles going through the catalytic bed was kept constant in order to obtain comparable results. After their use, catalysts were characterized by different techniques and those values were correlated with the activity results. All catalysts were deactivated during the SR of the mixture, mainly by coking. The highest hydrogen yields were obtained with Ni/Al2O3 and Ni/CeO2-Al2O3 catalysts in the SR of m-xylene and SR of the mixture, respectively. Copyright © 2016 Elsevier Ltd. All rights reserved.

  2. Oil Spills

    Science.gov (United States)

    ... up. How Oil Harms Animals and Plants in Marine Environments In general, oil spills can affect animals and plants in two ways: from the oil ... up. How Oil Harms Animals and Plants in Marine Environments In general, oil spills can affect animals and plants in two ways: from the oil ...

  3. Oil price and the dollar

    International Nuclear Information System (INIS)

    Coudert, V.; Mignon, V.; Penot, A.

    2007-01-01

    Oil prices and the United States (US) dollar exchange rate are driving the evolution of the world economy. This paper investigated long-term relationships between oil prices and the US effective exchange rate. An empirical study was performed on oil prices and the dollar real effective exchange rate between 1974 to 2004. The impact of the dollar exchange rate was also explored, and the effects of oil prices on supply and demand were considered. A dynamic partial equilibrium framework study was evaluated in order to compare how other countries used revenues from oil exports in dollars. The study showed that both variables had similar evolutions when price fluctuations were low. Strong increases in the dollar were associated with lower oil prices. However, adjustment speeds of the dollar real effective exchange rate was slow. Co-integration and causality tests showed that oil prices influenced the exchange rate, and that the link between the 2 variables was transmitted through the country's net foreign asset position. It was concluded that higher oil prices improved US net foreign asset position in relation to other countries, and had a positive impact on dollar appreciation. 24 refs., 6 tabs., 1 fig

  4. Analysis the Impact of Good Governance on the Non-Oil Export of Oil Exporting Countries

    OpenAIRE

    Mollaesmaeili Dehshiri, Hassan; Sharifi Renani, Hossein; Mirfatah, Maryam

    2013-01-01

    The importance of governance, legislation, and guidance in achieving the economic growth and development is increasing day by day in scientific and political societies. Nowadays, due to high speed of science and technology production, trade and export promotion policies have a great importance and play a significant role in economic development. The economy of oil-exporting developing countries is largely dependent upon oil revenues which are mostly dominated by the governors. Therefore, the ...

  5. Cheap Oil and the Impact on Rebuilding Syria

    Science.gov (United States)

    2015-10-30

    from a 4.6% GDP surplus in 2014 to a 6.3% GDP deficit in 2015. 25 Saudi Arabia , arguably the nation with the most influence over oil prices, is...extremely dependent on oil revenue. However, given its cash reserve fund of over $750 billion, Saudi Arabia is able to withstand low oil prices for...Historically, oil production has played a significant role in Syria’s economy. This paper will argue that the current oil pricing environment will make it cost

  6. Comparative analysis of fiscal terms for Alberta oil sands and international heavy and conventional oils

    International Nuclear Information System (INIS)

    Van Meurs, P.

    2007-01-01

    There are considerable differences between international heavy oil and Alberta oil sands projects, notably the high viscosity of the bitumen in the oil sands reservoirs. The oil sands bitumen do not flow to wells without heating the bitumen, thereby adding to the already high cost of Alberta oil sand operations. This report provided an economic comparison of Alberta oil sands and international heavy oil projects. It also included a brief scoping review to compare with conventional oil regimes. Full exploration costs including the costs of dry holes were allocated to conventional oil operations in order to obtain a proper comparison. This investigation included the costs of dry holes. The report was a follow up to an earlier study released on April 12, 2007 on the preliminary fiscal evaluation of Alberta oil sand terms. The report provided an economic framework and described project selection. It then provided a discussion of production, costs and price data. Four adjusted projects were presented and compared with Alberta. The Venezuelan royalty formula was also discussed. Last, the report provided a detailed fiscal analysis. Comparisons were offered with Cold Lake and Athabasca Mine. A review of some other fiscal systems applicable to conventional oil were also outlined. It was concluded that Alberta oil sands developments are very competitive. It would be possible to modestly increase government revenues, without affecting the international competitive position of Alberta with respect to conventional oil. There is also some possibility to increase the base royalty on the Alberta oil sands without losing competitiveness. tabs., figs

  7. Fiscal sustainability in Malaysia: a re-examination

    OpenAIRE

    Hui, Hon Chung

    2013-01-01

    In this paper, I deploy a broad array of econometric tests to thoroughly examine fiscal sustainability in Malaysia. Results of the multicointegration test suggest the absence of cointegration between the cumulated cointegration errors, real government expenditure and real government revenue. Meanwhile, standard cointegration analyses indicate that the fiscal process fulfills only the weak-form sustainability. Most importantly, results from a fiscal sustainability model which incorporates reve...

  8. The outlook for US oil dependence

    Energy Technology Data Exchange (ETDEWEB)

    Greene, D.L.; Jones, D.W.; Leiby, P.N.

    1995-05-11

    Market share OPEC lost in defending higher prices from 1979-1985 is being steadily regained and is projected to exceed 50% by 2000. World oil markets are likely to be as vulnerable to monopoly influence as they were 20 years ago, as OPEC regains lost market share. The U.S. economy appears to be as exposed as it was in the early 1970s to losses from monopoly oil pricing. A simulated 2-year supply reduction in 2005-6 boosts OPEC revenues by roughly half a trillion dollars and costs the U.S. economy an approximately equal amount. The Strategic Petroleum Reserve appears to be of little benefit against such a determined, multi-year supply curtailment either in reducing OPEC revenues or protecting the U.S. economy. Increasing the price elasticity of oil demand and supply in the U.S. and the rest of the world, however, would be an effective strategy.

  9. Oil Price Volatility and Economic Growth in Nigeria: a Vector Auto-Regression (VAR Approach

    Directory of Open Access Journals (Sweden)

    Edesiri Godsday Okoro

    2014-02-01

    Full Text Available The study examined oil price volatility and economic growth in Nigeria linking oil price volatility, crude oil prices, oil revenue and Gross Domestic Product. Using quarterly data sourced from the Central Bank of Nigeria (CBN Statistical Bulletin and World Bank Indicators (various issues spanning 1980-2010, a non‐linear model of oil price volatility and economic growth was estimated using the VAR technique. The study revealed that oil price volatility has significantly influenced the level of economic growth in Nigeria although; the result additionally indicated a negative relationship between the oil price volatility and the level of economic growth. Furthermore, the result also showed that the Nigerian economy survived on crude oil, to such extent that the country‘s budget is tied to particular price of crude oil. This is not a good sign for a developing economy, more so that the country relies almost entirely on revenue of the oil sector as a source of foreign exchange earnings. This therefore portends some dangers for the economic survival of Nigeria. It was recommended amongst others that there should be a strong need for policy makers to focus on policy that will strengthen/stabilize the economy with specific focus on alternative sources of government revenue. Finally, there should be reduction in monetization of crude oil receipts (fiscal discipline, aggressive saving of proceeds from oil booms in future in order to withstand vicissitudes of oil price volatility in future.

  10. Oil boycott and the political economy

    International Nuclear Information System (INIS)

    Katouzian, H.

    1988-01-01

    The severe foreign exchange shortage caused by the loss of oil revenues forced Musaddiq's government to adopt the strategy of non-oil economics. This was not a coherent and comprehensive policy framework, but its different strands tended to complement and reinforce each other. Hence by August 1953 the balance of payments was on a steady course, and the domestic economy was under control. This paper gives a brief review of the background of the oil boycott and a discussion of the search for a solution

  11. Import Base and Revenue Improvement Possibilities in Tanzania

    Directory of Open Access Journals (Sweden)

    Fulgence Dominick Waryoba

    2018-03-01

    Full Text Available This paper analyzes buoyancy and elasticity estimates of different tax items on import base. Using the Divisia Index approach, the buoyancy estimates have been used to estimate elasticity estimates. The findings reveal positive buoyancy and elasticity estimates. Since the Divisia Index values are positive but less than unit, their logarithm values are negative, making the discretionary portion of the buoyancy estimate to be negative. The negative discretionary portion of the buoyancy estimates resulted into higher values of elasticity compared to buoyancy estimates. The government should broaden the tax base, reduce tax rates and reduce tax exemption in order to improve revenue collection without resorting to higher tax rates. With lower tax rates and higher penalties on tax evasion and tax avoidance, higher government revenue can be realized to meet growing government expenditure.

  12. Net lost revenue adjustment (NLRA) mechanisms for utility DSM programs

    International Nuclear Information System (INIS)

    Baxter, L.W.

    1995-01-01

    We examine the experiences that states and utilities are having with the NLRA approach. Contrary to concerns raised by some industry analysts, our results indicate the NLRA is a feasible approach to the lost-revenue disincentive. Seven of the 10 states we studied report no substantial problems with their approach. We observe several conditions linked to effective NLRA implementation and, for those states reporting problems, conditions linked to implementation difficulties. Finally, observed changes in utility-investment behavior occur after implementation of DSM rate reforms, which include deployment of NLRA mechanisms. We find that utilities in states with lost revenue recovery invest more than twice as much in DSM as do utilities in other states. (Author)

  13. Taxing Stock Options: Efficiency, Fairness and Revenue Implications

    Directory of Open Access Journals (Sweden)

    Jack M. Mintz

    2015-10-01

    Full Text Available The federal Liberals and the NDP are right about this much: There is a more sensible way to tax the stock options that are granted as compensation by corporations than the approach the federal government takes now. But both parties are wrong about how much revenue an appropriate change in current tax policy will add to the treasury. Far from the half-billion dollars or more that both parties claim they will raise in federal tax revenue by changing the taxation of stock options, the appropriate reform will virtually raise no revenue. It could actually result in marginally lower tax revenue. As it stands, stock options are treated differently than salary and other forms of cash compensation when it comes to taxing an employee or director, in that they are subject to only half taxation, similar to capital gains. They are also treated differently than cash compensation for the corporation granting the options, in that they cannot be deducted from corporate income tax. The federal NDP and Liberals have both accepted the growing criticism, which only intensified in the aftermath of the 2008 financial crisis, that the lower tax rate is an unfair tax break for those employees who receive stock options. Both parties have proposed to change that, leaving an exemption for startup companies only, with the NDP proposing full personal taxation for all stock options except for start-up companies and the Liberals proposing it for options-based compensation exceeding $100,000. Treating stock options the same as cash compensation would indeed be more tax efficient, reducing the distortionary effect that can influence company compensation packages to give more weight to stock options and less to cash than they might otherwise. But the only way to ensure that efficiency is by treating both the personal tax side of the benefit, and the corporate tax side of the benefit, in the same way as other employee compensation. That is, applying full taxation to the recipient

  14. Atmospheric emissions as a tool in evaluation of sustainability research in oil industry; Emissao atmosferica como uma ferramenta na avaliacao do desenvolvimento sustentavel na industria do petroleo

    Energy Technology Data Exchange (ETDEWEB)

    Zanella, Nicolas P.; Baich, Paulo R.M.; Machado, Maria I. [Fundacao Universidade do Rio Grande (FURG), RS (Brazil)

    2008-07-01

    This work is directly to analysis of atmosphere surrounding Ipiranga Refinery; witch is located in the city of Rio Grande, in estate of Rio Grande do Sul. The refinery is surrounded by neighborhood, witch are impacted by atmospheric emissions of refinery. The objective of this work is correlating the refinery to the inhabitants that lives near the refinery, using an environmental sustainability index. This work will be achieve by analysis of Polycyclic Aromatic Hydrocarbons (PAH) bounded in particulate matter with diameter of 100 {mu}m (PTS), the acquisition of health data on the city hospitals and correlation of this data with PAH concentrations in Particulate Matter. The Samples were obtain by FEPAM, witch have three samples sites in the center of city. The samples was obtained by a High Volume Sampler equipped with quartz fiber filters. The meteorological data important to this work, like wind direction and speed, will be obtain in Meteorological Station on FURG. The results expect to this work are the quantification of PAH bounded with PM-100 and the quantification of PAH emitted by Ipiranga Refinery. And possibly, to correlate this data to made the Environmental Sustainability index. (author)

  15. GIS-mapping of environmental assessment of the territories in the region of intense activity for the oil and gas complex for achievement the goals of the Sustainable Development (on the example of Russia)

    Science.gov (United States)

    Yermolaev, Oleg

    2014-05-01

    The uniform system of complex scientific-reference ecological-geographical should act as a base for the maintenance of the Sustainable Development (SD) concept in the territories of the Russian Federation subjects or certain regions. In this case, the assessment of the ecological situation in the regions can be solved by the conjugation of the two interrelated system - the mapping and the geoinformational. The report discusses the methodological aspects of the Atlas-mapping for the purposes of SD in the regions of Russia. The Republic of Tatarstan viewed as a model territory where a large-scale oil-gas complex "Tatneft" PLC works. The company functions for more than 60 years. Oil fields occupy an area of more than 38 000 km2; placed in its territory about 40 000 oil wells, more than 55 000 km of pipelines; more than 3 billion tons of oil was extracted. Methods for to the structure and requirements for the Atlas's content were outlined. The approaches to mapping of "an ecological dominant" of SD conceptually substantiated following the pattern of a large region of Russia. Several trends of thematically mapping were suggested to be distinguished in the Atlas's structure: • The background history of oil-fields mine working; • The nature preservation technologies while oil extracting; • The assessment of natural conditions of a humans vital activity; • Unfavorable and dangerous natural processes and phenomena; • The anthropogenic effect and environmental surroundings change; • The social-economical processes and phenomena. • The medical-ecological and geochemical processes and phenomena; Within these groups the other numerous groups can distinguished. The maps of unfavorable and dangerous processes and phenomena subdivided in accordance with the types of processes - of endogenous and exogenous origin. Among the maps of the anthropogenic effects on the natural surroundings one can differentiate the maps of the influence on different nature's spheres

  16. A Primer on Alberta’s Oil sands Royalties

    Directory of Open Access Journals (Sweden)

    Sarah Dobson

    2015-12-01

    Full Text Available Fulfilling its campaign promise, the new NDP government announced a review of Alberta’s royalty framework in June 2015. The province receives royalty revenue from three main sources – natural gas, crude oil, and oil sands. Since the 2009-10 fiscal year the largest contributor to Alberta’s royalty revenues has been the oil sands. If you want a sense of how important oil sands royalties have been for Alberta’s finances, consider this: In the 2014–15 fiscal year, the government collected just over $5 billion from oil sands royalties. These royalties covered over 10 per cent of the province’s operational expenses of $48.6 billion in the same fiscal year. Over the last six fiscal years the oil sands have contributed an average of 10 per cent of revenues to provincial coffers. This makes oil sands royalties the fourth largest contributor behind personal income taxes (23 per cent, federal transfers (13 per cent and corporate income taxes (11 per cent. But how many Albertans really understand how the royalty system works? What do we mean when we say “royalty”? How does the Alberta Government calculate royalties on oil sands producers? If the system is going to change, it’s important that Albertans understand how the current system works. That is what this paper is designed to do. For Albertans to properly judge the impact of new policy, they need a solid understanding of the current policy environment. We all know that oil prices have dropped and oil sands producers are losing profitability. As such, changes to the royalty system could have a deep and profound impact on the sector. Here are some of the issues this primer will study: • Pre-payout projects vs. post-payout projects, in other words, the classification of projects for royalty purposes based on whether the cumulative costs of a project exceed its cumulative revenues • Monthly payment of royalties vs. annual payment • Understanding the unit price of bitumen and how that

  17. Growth effects of a revenue neutral environmental tax reform

    OpenAIRE

    Hettich, Frank

    1997-01-01

    This paper analyses tax policy measures within a two sector endogenously growing economy with elastic labour supply. Pollution is modelled as a side product of physical capital stock used as a primary production factor in the final good sector. The framework allows to analyse consequences of isolated tax changes or of a revenue neutral environmental tax reform for economic growth. Although pollution does not affect directly production processes, it can be shown that a higher pollution tax or ...

  18. 136 Tax Revenue, Stock Market and Economic Growth of Pakistan

    OpenAIRE

    Muhammad Irfan Javaid Attari; Roshaiza Taha; Muhammad Imran Farooq

    2014-01-01

    The purpose of this paper is to examine the effects of capital market and fiscal policy influences in determining the nexus of economic growth in Pakistan from July 2003 to July 2012. The authors utilize ADF unit root test, Johansen Cointegration test, VECM test, Granger causality test and variance decomposition analysis to test the relationship among tax revenue, stock market and economic growth in Pakistan. Granger causality analysis is used to answer questions whether “Does ...

  19. Operating revenue changes in a demutualized stock exchange

    Directory of Open Access Journals (Sweden)

    Mohamed Hesham Abdel-Hafez

    2015-03-01

    Full Text Available Stock exchanges were traditionally run as cooperative venues. The globalization, the development of technology, and the increase of competition among stock exchanges forced these venues to change their structure and adopt a new one-demutualization- that can be a lifeline in facing these environmental changes in regards to stock exchanges. This new trend enables the exchange to expand their activities and supply the market with new products and services, therefore enhancing the value of the exchange itself. The main sources of revenue for traditional exchanges have been listing fees, transaction fees, membership fees and the sale of information services such as market data, quotations, and trade data. Due to the environmental changes the stock exchanges' services are now executed electronically, and in turn, this has led to an increase in the competition among exchanges. Furthermore, this increased competition has led to the re-adjustment of the regulation structure which gradually erodes the sources of revenues provided by the conventional stock exchanges. The paper divided the research plan into two sections: the first section is to highlight the concept of demutualization process; the phases of demutualization, the factors that push the stock exchanges to demutualize and the benefits of demutualization. The second section was based on statistical comparative analysis of the stock exchanges' revenues prior and after demutualization. The researcher used the regression analysis tool on seven demutualized stock exchanges during the period from 1997-2012. The paper aims to prove that demutualization has a positive effect on the revenues of the stock exchange, thus it enhances the value of the exchange.

  20. 77 FR 25105 - Reporting of Ancillary Airline Passenger Revenues

    Science.gov (United States)

    2012-04-27

    ...This document announces a public meeting on a Notice of Proposed Rulemaking (NPRM) issued on July 15, 2011. The NPRM proposed changes regarding reporting of airline ancillary passenger revenues, computation of mishandled baggage rates, and collection of separate statistics for mishandled wheelchairs and scooters used by passengers with disabilities. During the public meeting, DOT staff will provide a summary of the proposals in the NPRM and seek input on costs and benefits associated with the implementation of the proposals.

  1. Sustainability of Italian budgetary policies: a time series analysis (1862-2013

    Directory of Open Access Journals (Sweden)

    Gordon L. Brady

    2017-12-01

    Full Text Available In this paper, we analyze the sustainability of Italian public finances using a unique database covering the period 1862-2013. This paper focuses on empirical tests for the sustainability and solvency of fiscal policies. A necessary but not sufficient condition implies that the growth rate of public debt should in the limit be smaller than the asymptotic rate of interest. In addition, the debt-to-GDP ratio must eventually stabilize at a steady-state level. The results of unit root and stationarity tests show that the variables are non-stationary at levels, but stationary in first-differences form, or I(1. However, some breaks in the series emerge, given internal and external crises (wars, oil shocks, regime changes, institutional reforms. Therefore, the empirical analysis is conducted for the entire period, as well as two sub‐periods (1862‐1913 and 1947‐2013. Moreover, anecdotal evidence and visual inspection of the series confirm our results. Furthermore, we conduct tests on cointegration, which evidence that a long-run relationship between public expenditure and revenues is found only for the first sub-period (1862-1913. In essence, the paper’s results reveal that Italy have sustainability problems in the Republican age.

  2. Law, Water and Sustainable Development: Framework of Nigerian Law - Country Legislation

    Directory of Open Access Journals (Sweden)

    Olawale Ajai

    2012-06-01

    Full Text Available The central issues of economic development and environmental protection in the current social, political and economic environment relate to water – an overlooked or less glamorous natural resource. For example, topical and sometimes controversial issues such as crude oil and minerals extraction, pollution control, biodiversity protection, energy and power, resource control, revenue allocation and political participation, etc., relate directly or indirectly to water resources management. This paper seeks to identify and present in a schematic and conceptual manner and to highlight the usefulness of folklore for sustainable development and evaluate the usefulness of recruiting traditional institutions into the institutional framework for modern sustainable water resources management in Nigeria It also discusses the emergent law on water resources as well as the issues concerning the domestic and international riparian law, in particular the River Niger and Lake Chad basins and explores how folklore, comparative law and international law may be adopted and adapted to aid the development and application of water law, and by direct implication sustainable development in Nigeria.

  3. Innovation in Hospital Revenues: Developing Retail Sales Channels.

    Science.gov (United States)

    Wright, Edward W; Marvel, Jon; Wright, Matthew K

    Hospitals are facing increasing cost pressures due to cutbacks by Medicare, Medicaid, and managed-care organizations. There are also rising concerns that public policy may exacerbate the problem. In lieu of these concerns, nascent innovative ways of generating increased revenues are beginning to appear. In particular, a few hospitals have adopted retail sales practices to generate significant nonmedical services revenues. The hospital retail sales opportunity has been compared with that of the airport industry where nearly 50% of revenues are generated by sales of retail products as opposed to aeronautical-related transactions. This initial investigation included a qualitative interview of a health care retail sales expert and a pilot survey of 100 hospital senior executives to gauge the current state of this phenomenon. The industry expert suggested that only 2% of US hospitals have pursued this initiative in a meaningful way. Of the 44 survey responses, only 9 institutions were engaged in e-commerce or retail sales activities. Questions remain as to why this opportunity remains unrealized, and additional research is proposed.

  4. 75 FR 21150 - Proposed Collection; Comment Request for Revenue Procedure 2006-50

    Science.gov (United States)

    2010-04-22

    ...: Direct all written comments to Steve Bronson, Internal Revenue Service, room 6129, 1111 Constitution... substantiated for purposes of Internal Revenue Code Sec. 170(n), as enacted by the American Jobs Creation Act of...

  5. Chemistry of sustainable energy

    CERN Document Server

    Carpenter, Nancy E

    2014-01-01

    Energy BasicsWhat Is Energy?Energy, Technology, and SustainabilityEnergy Units, Terms, and AbbreviationsElectricity Generation and StorageOther ResourcesReferencesFossil FuelsFormation of Oil and GasExtraction of Fossil FuelsRefiningCarbon Capture and StorageSummaryOther ResourcesOnline Resources Related to Carbon Capture andSequestrationReferencesThermodynamicsIntroductionThe First Law of ThermodynamicsThe Second Law and Thermodynamic Cycles: the Carnot EfficiencyExerg

  6. Sustainable Biocatalytic Biodiesel Production

    DEFF Research Database (Denmark)

    Güzel, Günduz

    and chemical equilibria as part of his main sustainable biodiesel project. The transesterification reaction of vegetable oils or fats with an aliphatic alcohol – in most cases methanol or ethanol – yields biodiesel (long-chain fatty acid alkyl esters – FAAE) as the main product in the presence of alkaline......As part of his PhD studies, Gündüz Güzel examined the thermodynamics of reactions involved in biocatalytic biodiesel production processes, with a specific focus on phase equilibria of reactive systems. He carried out the thermodynamic analyses of biocatalytic processes in terms of phase....../acid catalysts or biocatalysts (free or immobilised lipase enzymes). The reaction by-product glycerol is immiscible with the ester products (FAAE and oils/fats) in addition to the partial miscibility problem of methanol or ethanol with oils/fats. The insoluble parts of alcohol feeds or by-products form emulsion...

  7. Growth and Oil Price Fluctuation in Nigeria: A Variance Decomposition Evidence

    Directory of Open Access Journals (Sweden)

    David Umoru

    2017-09-01

    Full Text Available This study examines the impact of oil price shocks on economic growth rate in Nigeria using the impulse response functions and forecast error variance decomposition on quarterly data from 2000 to 2016. This study finds that fluctuations in oil prices cause swings in GDP growth rate in Nigeria. The fluctuation in oil prices also depreciates Naira exchange rate. The country should branch out its revenue sources to shield the dangle effect of the fluctuation in prices of oil.

  8. Revenue cap regulation in a deregulated electricity market : effects on a grid company

    OpenAIRE

    Bjørndal, Mette; Jörnsten, Kurt

    2002-01-01

    In 1997 an incentive-based regulation was introduced for Norwegian transmission and distribution companies. Under the following revenue regulation regime, the permissible revenue of a grid company is adjusted annually, and during the first regulation period, the new revenue cap was determined on the basis of last year’s revenue cap, adjusting for inflation, productivity improvement, and load growth. The idea behind the load growth compensation factor was that the grid companies should be comp...

  9. The Relationship Between Federal Government Revenue and Spending: Empirical Evidence from Asean-5 Countries

    OpenAIRE

    Karim, Zulkefly Abdul; Asri, Norain Mod; Abdullah, Azrina Al-Hadi; Antoni, Antoni; Mohd.Yusoff, Zetty Zahureen

    2009-01-01

    The main objectives of this paper is to examine the long run relationship between total expenditure, revenue (tax and nontax) and economic growth in ASEAN-5 countries namely by Malaysia, Indonesia, Thailand, Singapore and Philippines. According to the prior studies, there are several hypotheses to explain the relationship between revenue and spend-ing such as (1) spend-revenue hypotheses, (2) revenue-spend hypotheses and (3)bi-directional causality hypotheses. To test the validity of these hy...

  10. The Relationship Between Federal Government Revenue and Spending: Empirical Evidence From Asean-5 Countries

    OpenAIRE

    Mohd.Yusoff, Zetty Zahureen; Antoni, Antoni; Abdullah, Azrina Al-Hadi; Asri, Norain Mod; Karim, Zulkefly Abdul

    2006-01-01

    The main objectives of this paper is to examine the long run relationship between total expenditure, revenue (tax and nontax) and economic growth in ASEAN-5 countries namely by Malaysia, Indonesia, Thailand, Singapore and Philippines. According to the prior studies, there are several hypotheses to explain the relationship between revenue and spend-ing such as (1) spend-revenue hypotheses, (2) revenue-spend hypotheses and (3)bi-directional causality hypotheses. To test the validity of these hy...

  11. Conventional methods and emerging wastewater polishing technologies for palm oil mill effluent treatment: a review.

    Science.gov (United States)

    Liew, Wai Loan; Kassim, Mohd Azraai; Muda, Khalida; Loh, Soh Kheang; Affam, Augustine Chioma

    2015-02-01

    The Malaysian palm oil industry is a major revenue earner and the country is ranked as one of the largest producers in the world. However, growth of the industry is synonymous with a massive production of agro-industrial wastewater. As an environmental protection and public health concern, the highly polluting palm oil mill effluent (POME) has become a major attention-grabber. Hence, the industry is targeting for POME pollution abatement in order to promote a greener image of palm oil and to achieve sustainability. At present, most palm oil mills have adopted the ponding system for treatment. Due to the successful POME pollution abatement experiences, Malaysia is currently planning to revise the effluent quality standards towards a more stringent discharge limits. Hence, the current trend of POME research focuses on developing tertiary treatment or polishing systems for better effluent management. Biotechnologically-advanced POME tertiary (polishing) technologies as well as other physicochemical methods are gaining much attention as these processes are the key players to push the industry towards the goal of environmental sustainability. There are still ongoing treatment technologies being researched and the outcomes maybe available in a while. However, the research completed so far are compiled herein and reported for the first time to acquire a better perspective and insight on the subject with a view of meeting the new standards. To this end, the most feasible technology could be the combination of advanced biological processes (bioreactor systems) with extended aeration, followed by solids separation prior to discharge. Chemical dosing is favoured only if effluent of higher quality is anticipated. Copyright © 2014 Elsevier Ltd. All rights reserved.

  12. The geopolitics of $10 oil

    International Nuclear Information System (INIS)

    Anon.

    1998-01-01

    The market and the geopolitical implications of the possibility of $10 a barrel becoming the norm for oil prices in 1999 are examined. The low price will present budgetary difficulties for all the world's major oil producing countries with the exception of Brunei. In some countries, such as Nigeria and Venezuela, general financial and economic reform will become inevitable with the pressure for political reform to follow. If energy development is to continue in the Caspian region in a low price era, long term political stability will be necessary and a move towards democracy from the present autocracies may be necessary to achieve this. In the Middle East, countries are facing the erosion of their core financial base. Depressed oil prices could force Gulf States, which in the past have depended on their oil revenues alone, to introduce taxation as an alternative source of income. Hitherto, oil has meant power in political as well as in energy terms, but the diminished value of oil in a world where their are alternative energy sources will reduce the importance, even of key regions such as the Middle East. The power of OPEC is threatened by its failure to bring about the massive co-ordinated production cutbacks which alone might turn the market around. The beneficiaries of cheap oil will be the consuming nations, particularly those of East Asia where the pace of economic recovery will be speeded up. (UK)

  13. Tobacco affordability, sales and excise revenues in the 28 European Union countries in 2011-2014

    Directory of Open Access Journals (Sweden)

    Konstantin Krasovsky

    2017-05-01

    Tobacco taxation can ensure both tobacco consumption decline and revenue increase only if taxation is a key factor of tobacco affordability reduction. Otherwise, in years of economic recession consumption declines, but revenue does not increase; while in years of economic growth revenue increases, but consumption does not decline.

  14. 27 CFR 479.191 - Applicability of other provisions of internal revenue laws.

    Science.gov (United States)

    2010-04-01

    ... GUNS, DESTRUCTIVE DEVICES, AND CERTAIN OTHER FIREARMS Other Laws Applicable § 479.191 Applicability of other provisions of internal revenue laws. All of the provisions of the internal revenue laws not... provisions of internal revenue laws. 479.191 Section 479.191 Alcohol, Tobacco Products, and Firearms BUREAU...

  15. 47 CFR 69.407 - Revenue accounting expenses in Account 6620.

    Science.gov (United States)

    2010-10-01

    ... 47 Telecommunication 3 2010-10-01 2010-10-01 false Revenue accounting expenses in Account 6620. 69... SERVICES (CONTINUED) ACCESS CHARGES Apportionment of Expenses § 69.407 Revenue accounting expenses in Account 6620. (a) Revenue accounting expenses that are attributable to End User Common Line access...

  16. 5 CFR 2634.1002 - Role of the Internal Revenue Service.

    Science.gov (United States)

    2010-01-01

    ... 5 Administrative Personnel 3 2010-01-01 2010-01-01 false Role of the Internal Revenue Service. 2634.1002 Section 2634.1002 Administrative Personnel OFFICE OF GOVERNMENT ETHICS GOVERNMENT ETHICS... Divestiture § 2634.1002 Role of the Internal Revenue Service. The Internal Revenue Service (IRS) has...

  17. 30 CFR 285.540 - How will MMS equitably distribute revenues to States?

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false How will MMS equitably distribute revenues to... Financial Assurance Requirements Revenue Sharing with States § 285.540 How will MMS equitably distribute revenues to States? (a) The MMS will distribute among the eligible coastal States 27 percent of the...

  18. 78 FR 32306 - Advisory Group to the Commissioner of Internal Revenue; Renewal of Charter

    Science.gov (United States)

    2013-05-29

    ... Internal Revenue Service Advisory Group to the Commissioner of Internal Revenue; Renewal of Charter AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice. SUMMARY: The Charter for the Advisory Committee..., 2013. FOR FURTHER INFORMATION CONTACT: Roberta B. Zarin, TE/GE Communications and Liaison, 202-283-8868...

  19. Do high oil prices justify an increase in taxation in a mature oil province? The case of the UK continental shelf

    International Nuclear Information System (INIS)

    Nakhle, Carole

    2007-01-01

    In response to the structural shift in oil price coupled with greater import dependency, concerns about security of supply have once again emerged as a major policy issue. The UK, the largest producer of oil and natural gas in the European Union, became a net importer of natural gas in 2004, and according to Government estimates will become a net importer of oil by the end of the decade. A weakened North Sea performance means extra reliance, both for the UK and Europe as a whole, on global oil and gas network and imports. In 2002, the UK Government introduced a 10% supplementary charge and in 2005, doubled the charge to 20% in an attempt to capture more revenues from the oil industry as a result of the increase in the price of crude oil. However, higher tax rates do not necessarily generate higher fiscal revenue and in the long term may result in materially lower revenues if investment is discouraged as indeed occurred when the 2007 UK Annual Budget statement showed a shortfall in North Sea oil revenues below forecasts of pound 4 billion. It is therefore argued that the increase in the fiscal take came at the wrong time for the UK Continental Shelf and that the UK Government's concern should have been to encourage more oil production from its declining province, especially in the light of the rising concern surrounding the security of supply. (author)

  20. Sustainability Infused Curriculum

    Science.gov (United States)

    Ibarra, D. L.

    2015-12-01

    The Independent Schools Foundation Academy (ISF) in Hong Kong established a sustainability policy in 2015, which explicitly states, "an experimentally integrated, environmentally and ethically sustainable system of science education and conservation practices based on the 2012 Jeju Declaration of the World Conservation Congress will be implemented through the school". ISF Academy is a private Chinese bilingual school in Hong Kong serving over 1500 students K-12, following the framework and curriculum of the International Baccalaureate Organization (IBO). The strategy behind the implementation of this policy includes: development of a scientific sustainable curriculum that is age appropriate; establish a culture of sustainability within the ISF community and beyond to the wider HK community; install sustainable infrastructure that allows students to learn; and learn first hand sustainable living practices. It is well understood that solutions to the environmental challenges facing Hong Kong and our planet will require multiple disciplines. The current sustainability programs at ISF include: a) a whole school aerobic food waste composting system and organic farming, b) energy consumption monitoring of existing buildings, c) upcoming installation of an air pollution monitoring equipment that will correlate with the AQHI data collected by the Hong Kong government, d) a Renewable Energy Education Center (REEC) that will teach students about RE and also produce solar energy for classroom consumption, and e) student lead environmental group that manages the paper and used cooking oil recycling on campus. The Shuyuan Science and Sustainability faculty work closely with classroom teachers to ensure that the above mentioned projects are incorporated into the curriculum throughout the school. Interdisciplinary units (IDU) of study are being developed that encourage faculty and students to work across subject areas. Projects include Personal Projects, Extended Essays