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. 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)

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

    African Journals Online (AJOL)

    Oil Economy and the Revenue Allocation Debacle in Nigeria. ... This paper delves into one of the most controversial issues in the political economy of Nigeria. ... The paper conclude that, the drive for financial autonomy and sustainable ...

  4. 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

  5. Sharing oil revenues. Current status and good practices

    International Nuclear Information System (INIS)

    Darmois, Gilles

    2013-01-01

    This document briefly presents a book in which the author analyzes and comments the evolution of the sharing of oil revenues at a time when producing countries can obtain better conditions from oil companies to exploit their resources. The author first describes the operation of the oil exploration-production industry and its three types of oil revenue. He introduces the issue of reserves with its technical, economic and political aspects. He describes the two main modalities of relationship between an oil State and an international company, discusses the organization options for an oil producing country to take the best out of its oil potential, comments the developments of contracting modalities. He proposes recommendations for States about benefits and drawbacks of the various contract options

  6. 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

  7. 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.

  8. The asymmetric relationship between oil revenues and economic activities: The case of oil-exporting countries

    International Nuclear Information System (INIS)

    Mehrara, Mohsen

    2008-01-01

    This paper examines the nonlinear or asymmetric relationship between oil revenues and output growth in oil-exporting countries, applying a dynamic panel framework and two different measures of oil shocks. The main results in this paper confirm the stylized facts that in heavily oil-dependent countries lacking the institutional mechanisms de-linking fiscal expenditure from current revenue, oil revenue shocks tend to affect the output in asymmetric and nonlinear ways. The findings suggest that output growth is adversely affected by the negative oil shocks, while oil booms or the positive oil shocks play a limited role in stimulating economic growth. The findings have practical policy implications for decision makers in the area of macroeconomic planning. The use of stabilization and savings funds and diversification of the real sector seems crucial to minimize the harmful effects of oil booms and busts

  9. 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

  10. The effect of fiscal policy on oil revenue fund: The case of Kazakhstan

    Directory of Open Access Journals (Sweden)

    Dina Azhgaliyeva

    2014-07-01

    Full Text Available Setting an optimal fiscal policy in oil-producing countries is challenging, due to the exhaustibility of oil resources and unpredictability of oil prices. Recently it has become popular among oil-producing countries to establish oil revenue funds, which are believed to stabilize the economy and provide inter-generational redistribution of oil wealth. The effectiveness of oil revenue funds and their design have received considerable attention from researchers and policymakers recently. Using empirical model, it is found that an oil revenue fund in Kazakhstan stabilized the government expenditure, but did not stabilize real effective exchange rates.

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

    African Journals Online (AJOL)

    RAYAN_

    link that may exist between oil resource and economic development, there is the .... examine the impact of revenue allocation on the sustainable management of ... Nigeria, the biggest oil exporter with the largest natural gas reserves in. Africa24 and ..... Issues' (PhD dissertation, the Law of the Sea and Maritime Law Institute,.

  12. 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)

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

    International Nuclear Information System (INIS)

    Reyes-Loya, Manuel Lorenzo; Blanco, Lorenzo

    2008-01-01

    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)

  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, 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...

  16. 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...

  17. 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...

  18. 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...

  19. Managing volatility: Fiscal policy, debt management and oil revenues in the Republic of Congo

    NARCIS (Netherlands)

    Budina, N.; van Wijnbergen, S.; Li, Y.

    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

  20. 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

  1. 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)

  2. OPEC's production under fluctuating oil prices. Further test of the target revenue theory

    International Nuclear Information System (INIS)

    Ramcharran, H.

    2001-01-01

    Oil production cutbacks in recent years by OPEC members to stabilize price and to increase revenues warrant further empirical verification of the target revenue theory (TRT). We estimate a modified version of Griffin (1985) target revenue model using data from 1973 to 2000. The sample period, unlike previous investigations, includes phases of both price increase (1970s) and price decrease (1980s-1990s), thus providing a better framework for examining production behavior. The results, like the earlier study, are not supportive of the strict version of the TRT, however, evidence (negative and significant elasticity of supply) of the partial version are substantiated. Further empirical estimates do not support the competitive pricing model, hypothesizing a positive elasticity of supply. OPEC's loss of market share and the drop in the share of oil-based energy should signal an adjustment in pricing and production strategies

  3. Descriptive Analysis of Economic Diversification, Price and Revenue Dynamics in Oil and Energy in the Arab World

    OpenAIRE

    Driouchi, Ahmed; El Alouani, Hajar; Gamar, Alae

    2014-01-01

    Abstract The present paper looks at the descriptive side of the economy of oil and energy in the Arab countries. It addresses the contours of these economies in relation to diversification and trading patterns and shows the limited diversification but high concentration of exports towards oil and gas in part of these countries. The paper addresses also the dynamic processes of gas and oil revenues with their time trends. It also attempts linking revenues to international oil prices before...

  4. UK wants more revenue from North Sea oil

    Energy Technology Data Exchange (ETDEWEB)

    1973-03-09

    The first report from the Committee of Public Accounts of the UK Parliament on North Sea gas and oil has revealed a situation under which the UK Exchequer apparently does not receive cash intake comparable to the Exchequers of other oil producing countries. So important are these findings that some of them are presented so that the industry at large, and particularly those engaged in North Sea exploration and production, will be aware of the UK situation. Recomendations are made that the government should take action substantially to improve the effective tax yield from operations on the continental shelf, and should consider among other methods the possibility of imposing a system of quantity taxation.

  5. Illusionary Transparency? Oil Revenues, Information Disclosure, and Transparency

    OpenAIRE

    Ofori, Jerome Jeffison; Lujala, Päivi

    2015-01-01

    xperience shows that discovery of valuable natural resources can become a curse rather than a blessing, and transparency has been identified as key to better resource governance because it can limit opportunities for corruption and mismanagement. This article shows that information disclosure, in which many governments and donor institutions engage, does not automatically translate into transparency. Ghana has embedded transparency as one of its key principles in oil management. However, fiel...

  6. 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.

  7. 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.

  8. 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

  9. 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

  10. 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

  11. 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

  12. Palm Oil Milling Wastes and Sustainable Development

    OpenAIRE

    A. C. Er; Abd. R.M. Nor; Katiman Rostam

    2011-01-01

    Problem statement: Palm oil milling generates solid wastes, effluent and gaseous emissions. The aim of this study is to assess the progress made in waste management by the Malaysian palm oil milling sector towards the path of sustainable development. Sustainable development is defined as the utilization of renewable resources in harmony with ecological systems. Inclusive in this definition is the transition from low value-added to higher value-added transformation of waste...

  13. 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

  14. Fiscal sustainability and the State Oil Fund in Azerbaijan

    Directory of Open Access Journals (Sweden)

    Kenan Aslanli

    2015-07-01

    Full Text Available Azerbaijan, like many resource-rich countries, decided to set up a sovereign wealth fund in order to avoid income volatility, to achieve intergenerational equity and to transform resource wealth into more productive assets. Azerbaijan established the State Oil Fund of the Azerbaijan Republic (SOFAZ in late 1999 to accumulate income from hydrocarbon exports. SOFAZ has gradually become the leading part of the country's public finance system. Azerbaijan was the first country to fulfill all requirements of the Extractive Industries Transparency Initiative (EITI, an international agreement to implement global standards of transparency in the resource extracting sectors. However, SOFAZ's contribution to an effective resource revenue management and long-run economic development is still questionable: transparency applies only to the income side of Azerbaijan's oil fund while the expenditure side remains opaque. Unlimited and unconditional transfers from SOFAZ to the state budget have threatened fiscal sustainability and the overall macroeconomic equilibrium.

  15. 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.

  16. 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

  17. 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

  18. 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.

  19. 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

  20. 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)

  1. 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.

  2. 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

  3. 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

  4. Consequences of lower oil prices and stranded assets for Russia's sustainable fiscal stance

    International Nuclear Information System (INIS)

    Malova, Aleksandra; Ploeg, Frederick van der

    2017-01-01

    Despite substantial oil and gas revenue Russia's fiscal stance is unsustainable. Under our benchmark assumptions the permanent-income rule requires a permanent tightening of the fiscal stance by 4.6%-points of GDP. Delaying it by a decade implies that the fiscal stance needs to be tightened by a further 0.9%-point. This benchmark optimal policy ensures that depletion of oil and gas wealth is matched by an equal increase in above-ground financial wealth. Its merits are highlighted by comparing it with the tougher alternative of the bird-in-hand rule and with projecting the current fiscal stance. If oil and gas revenue rises by a half due to higher prices or more discoveries, the fiscal stance needs to be tightened by only 3.2%-points of GDP. However, if a large chunk of oil and gas has to be kept in the soil to meet international agreements to keep global warming below 2 °C, the permanent transfer drops to 2.0% of GDP and the fiscal stance needs to be tightened by 5.5%-points of GDP. - Highlights: • Sustained lower oil prices mean that Russia has to tighten its fiscal stance by 4.6%-points of GDP. • If oil & gas revenue rise by half, the fiscal stance only needs to be tightened by 3.2%-points of GDP. • Delaying by a decade means that the fiscal stance has to be tightened by a further 0.9%-points of GDP. • If Russia commits to Paris COP21, a large chunk of reserves cannot be burnt. • The fiscal stance then needs to be tightened by 5.5%-points of GDP.

  5. The Sustainability Status of Partnership of Palm Oil Plantations

    Directory of Open Access Journals (Sweden)

    Wilson Daud

    2015-12-01

    Full Text Available One of existence determining factor of PBS palm oil is a harmonious relation with communities surroundings, thus the partnership between the palm oil plantation with the farmers surroundings is one of effort which has created the harmonization in palm oil plantation. The objective of the article is to express the sustainability of each pattern of palm oil PBS partnership, and this partnership form gives the sustainability advantages for the farmer and palm oil PBS in Central Kalimantan. The article used quantitative method through the survey approach, primary data and secondary data. The article result there are three main patterns of palm oil plantation partnership in Central Kalimantan, they are MSA, KKPA, and IGA. IGA has value as a form which has degree of continuing that higher than MSA and KKPA, thus make IGA can be the reference in frame of PBS palm oil partnership in Central Kalimantan with keeping the superiority and improving the weaknesses.

  6. 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

    discovered in Venezuela in the 1920s and the country immediately set about diversifying its production and export structure. Prior to the oil discovery... exports of coffee and cocoa and dependence on its agricultural structure (Di John 2009, 19). After the discovery of oil, the country became a...32 Venezuela as a Case Study

  7. 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.

  8. REVENUE FROM EXPORTING OIL, INCOME DISTRIBUTION, AND ECONOMIC PROGRESS IN THE MIDDLE EAST

    Directory of Open Access Journals (Sweden)

    Mehdi MOHAGHEGH

    2009-07-01

    Full Text Available The increases in petrodollars received by oil produ cing countries of the Middle East in the past few years can become a reality again when the wo rld economy recovers from this recession. The access to so much hard currency in the past co uld have potentially impr oved the economies of these nations beyond imagination. Economic de velopment specialists regard reaching some goals such as higher growth rate of real output, less chronic inflation, Improvements in education and healthcare services, greater diversity in the economy and in exports, greater equality in the distribution of income, and lower unemployment rate as indication of economic progress or socio –economic improvements in a developing country. The purpose of this paper is to evaluate the relative success of the Oil-Produc ing Countries of the Middle East in achieving the above socio- economic goals within the context of huge inflows of petrodollars into their countries every year. Through analysis of data from the region the author of this paper has obtained convincing evidence in support of the view that the oil-exporting nations have, for the most part, wasted the abundant and extremely valuable foreign curr encies that they have received every year for the past several decades.

  9. 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

  10. 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.

  11. 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...

  12. Plastics - the sustainable way to use Oil and Gas

    Energy Technology Data Exchange (ETDEWEB)

    Siebourg, Wolfgang

    2009-07-01

    Conclusions (drawn by the author): Plastics are a sustainable use of oil and gas - Plastic products enable significant savings of energy and GHG emissions particularly in the use phase; - Plastic products help use resources in the most efficient way. Restricting plastics relative growth would result in increased energy consumption. Diversion from landfill would increase resource efficiency. Waste-to-Energy is an additional resource and is complementary to mechanical recycling. Plastics producers and the Oil and Gas industry should cooperate to produce reliable consumption data. Oil and Gas industry should develop and maintain European (world) eco-profiles (cradle to gate) for their respective industry. (author)

  13. 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...

  14. 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 ...

  15. 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

  16. 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.

  17. 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...

  18. 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

  19. 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

  20. Gas revenue increasingly significant

    International Nuclear Information System (INIS)

    Megill, R.E.

    1991-01-01

    This paper briefly describes the wellhead prices of natural gas compared to crude oil over the past 70 years. Although natural gas prices have never reached price parity with crude oil, the relative value of a gas BTU has been increasing. It is one of the reasons that the total amount of money coming from natural gas wells is becoming more significant. From 1920 to 1955 the revenue at the wellhead for natural gas was only about 10% of the money received by producers. Most of the money needed for exploration, development, and production came from crude oil. At present, however, over 40% of the money from the upstream portion of the petroleum industry is from natural gas. As a result, in a few short years natural gas may become 50% of the money revenues generated from wellhead production facilities

  1. 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.

  2. 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...

  3. Sustainability Efforts of One Oil Company in Niger Delta of Nigeria

    Science.gov (United States)

    Anosike, Charles Afam

    Environmental degradation and socioeconomic dilemma continue to stigmatize oil production in the Niger Delta of Nigeria. Sustainability programs of oil companies often determine the improvement of living conditions in the region. This explanatory qualitative case study, guided by systems thinking theory and sustainable value framework, explored practitioners' perceptions of sustainability programs to identify its impact on business and the host communities. The research question was designed to address how sustainability efforts of a single oil company in the Niger Delta contributed to the business performance and the livelihood of the local people. Research data were gathered from a sample of 20 experienced sustainability practitioners of the oil company, partnering nonprofit organizations, and community leaders through face-to-face semistructured interviews. Data were segmented and categorized. The data analysis process revealed several themes regarding the challenges and shortfalls of sustainability programs in the region. The oil company's understanding of sustainability as programs and projects focused on preserving resources for future generations was not evident in practice. Findings from the study suggested the need for improved inclusiveness of people in driving sustainability projects. Inclusive sustainability should enhance the oil company's contemplation mechanism to ensure eco-saving thinking and processes, which could result in improved quality of life and business performance in the region. The research findings underscore the need for oil multinational corporations (MNCs) to use a business lens in viewing sustainability to achieve sustainable value.

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

    Directory of Open Access Journals (Sweden)

    Maddix Jason

    2010-07-01

    Full Text Available Abstract Background 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. Methods 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. Results Twelve pharmacies and one warehouse were established in remote Kyrgyzstan with 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 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. Conclusion 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 viability. Pharmacy financial data is available in remote settings and can be used towards determination of "reasonable" medicine price goals

  5. 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 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 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 viability. Pharmacy financial data is available in remote settings and can be used towards determination of "reasonable" medicine price goals. Health systems researchers must document the positive and negative

  6. 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%.

  7. 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.

  8. 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.

  9. 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.

  10. "How to" of fiscal sustainability in oil-rich countries: the case of Azerbaijan

    NARCIS (Netherlands)

    Bandiera, L.; 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

  11. 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)

  12. An Evaluation of Management Perspectives of Sustainability Reporting in the Nigerian Oil Industry

    OpenAIRE

    Uzonwanne, Godfrey; Yekini, Cecilia Olukemi; Yekini, Sina; Otobo, Paul

    2014-01-01

    Purpose: This article investigates the perspectives of managers involved in sustainability reporting in the Nigerian oil industry. Design/Methodology: The article adopts a survey methodology in its approach to conduct this investigation. The survey employed a structured interview to investigate five themes built around the motivation for sustainability reporting within these organizations, hierarchical responsibility for sustainability reporting, the organizations objectives relative to t...

  13. 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

  14. 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

  15. Science and sustainability? Biodegradable polymers from canola and flaxseed oils

    Energy Technology Data Exchange (ETDEWEB)

    Narins, S.S. [Alberta Univ., Edmonton, AB (Canada). Alberta Bioplastics Network

    2002-07-01

    Little progress has been made in value-added development to crops. The development of biodegradable plastics was spurred by environmental concerns and the use of renewable resources. There is a worldwide market for such products, which complements the strategy of the petrochemical industry. Greater sustainability achieved by partnering with the value-added agricultural industry. The drivers impacting the future polymer industry are: environmental and health concerns, consumer attitudes, cost of cheap feedstocks, carbon credits, greenhouse gases reduction, and criteria air contaminant reduction. Two niche markets are food packaging and biomedical products. The opportunity exists for the development of poly lactic acid (PLA) using canola as a primary feedstock in Alberta as there is a well established petrochemical industry, a vegetable oil infrastructure, and a desire to match petrochemical with bio-renewable. The benefits are higher value processing and a new source of monomers from renewable biomass. The main objective is the development of bio-polymer industry in Alberta based on canola and flaxseed oils. Food and agricultural materials have a similar structure and identical instrumentation to study structure and functionality. The author displayed pictures of the major instrumentation required to conduct this type of research. The rheological properties of polymers include flow, mechanical strength, and thermal properties. The author, along with colleagues, has developed a unique approach. The team members were identified, as well as an overview of the expertise required to perform this research. The author is about to file three related patents. This process is not energy intensive and does not use solvent. The author is about to move into scale-up phase of the reactions which produce the monomers. tabs., figs.

  16. 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, lands. Direct intact forest conversion pre- and post-SPOPP declined from 4% to <1%; however, <1% of the 30 million ha promoted for 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.

  17. Tap Dancing Around Sustainability:The Case of Palm Oil Key Stakeholders

    OpenAIRE

    Sulaiman, Abdul Muis

    2016-01-01

    The Swedish Initiative on Sustainable Palm Oil in food and cosmetic and detergent industries hasemerged in 2014 following other EU national initiatives. This thesis project aims to explore thecondition of the initiative by examining who the key important stakeholders are and how these palmoil key stakeholders in Swedish market develop and implement their Sustainable Palm OilInitiatives. A qualitative approach using case study technique is used to guide the study andsupported by a combination ...

  18. 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.

  19. 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

  20. HOW TO MANAGE SUSTAINABLE DEVELOPMENT IN OIL INDUSTRY: THE CASE OF OMV PETROM

    Directory of Open Access Journals (Sweden)

    CATALIN POPESCU

    2017-12-01

    Full Text Available As exploration and exploitation of oil and gas deposits continue to be among the most polluting industrial activities, this paper deals with revealing the way OMV Petrom, a major oil company from Romania, cope with these issues aiming at protecting the environment and ensuring safe and efficient operations in order to achieve sustainable development and constant growth.

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

    OpenAIRE

    Lim, Chye; Biswas, Wahidul

    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...

  2. Biodiesel from Mustard oil: a Sustainable Engine Fuel Substitute for Bangladesh

    Directory of Open Access Journals (Sweden)

    M.M. Alam

    2013-10-01

    Full Text Available Various attractive features of mustard oil based biodiesel as a potential substitute for engine fuel are investigated in this paper for use in Bangladesh. Although the use of mustard oil as edible oil has been reduced, Bangladesh still produces 0.22 million metric tons of mustard oil per year. This surplus mustard oil would satisfactorily be used as an alternative to diesel fuel, and thus could contribute in reducing the expenses for importing fuel from foreign countries. Moreover, the rural people of Bangladesh are capable of producing mustard oil themselves using indigenous machines. Fuel properties of biodiesel obtained from mustard oil were determined in the laboratory using standard procedure and an experimental setup was constructed to study the performance of a small diesel engine. It is observed that with biodiesel, the engine is capable of running without difficulty. Initially different lower blends of biodiesel (e.g., B20, B30 etc. have been used to avoid complicated modification of the engine and the fuel supply system. It is also found in some condition that mustard oil based biodiesel have better properties than those made from other vegetable oils. These properties of mustard oil based biodiesel were evaluated to validate its sustainability in Bangladesh. Keywords: biodiesel, indigenous machines, mustard oil, renewable energy policy, sustainability

  3. 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.

  4. Towards sustained high oil prices and increasingly volatile

    International Nuclear Information System (INIS)

    Auverlot, Dominique; Teillant, Aude; Rech, Olivier

    2012-09-01

    It is particularly difficult to predict the evolution of global oil production and its ability to meet the demand: the main uncertainties are related to the magnitude of the growth of emerging countries, more or less rapid decline in the production of major oil fields current events as well as natural or accidental, but especially geopolitics, which may affect, at any time, production. In a tight market today, the rapid growth of emerging economies, disruption of the oil supply chain world, even its mere mention, could cause short-term loss of excess production capacity - largely concentrated in Saudi Arabia - an increase substantial progress and, as contemplated by the International Atomic Energy imbalances between global oil supply and demand. If, after 2020, production of conventional oil begins to decline and the demand from emerging markets continues to grow, more massive imbalances may arise, leading to potential geopolitical tensions. Control would then demand the best answer. Otherwise, the resources of unconventional hydrocarbons, considerable expected to meet the demand, provided that their development is fast enough and their operating conditions are environmentally friendly. A consensus is emerging today on keeping oil prices high (above $ 100 / barrel) and volatile in the coming years, allowing some producing countries to pursue their development, but for France amplifying the negative effects on the economic growth oil bill (more than 49 billion euros in 2011) weighs more heavily in our trade deficit. In all cases, climate issues, the weight of the oil bill on our economy, securing our energy supply and technical uncertainties or geopolitical oil production call for reducing our oil consumption, accelerated motion the transition to a low carbon economy and development of our own energy resources. Contents: - Current analysis of oil reserves; - Uncertainties about the evolution of world oil production; - What is the potential long-term oil production

  5. Sustainable water management in Alberta's oil sands

    Energy Technology Data Exchange (ETDEWEB)

    Byers, Bill; Usher, Robyn; Roach, Andrea [CH2M HILL, Englewood, CO (United States); Lambert, Gord; Kotecha, Prit [Suncor Energy Inc., Calgary (Canada)

    2012-07-01

    The Canadian Association of Petroleum Producers forecast published in 2011 predicts that oil production from oil sands will increase by 50% in the next 3 years and double by 2020. This rate of growth will result in significant pressure on water resources; water use per barrel of oil sands production is comparable to other energy resources - about 2.5 barrels of fresh water per barrel of oil produced are used by mining operations and 0.5 barrels by in-situ operations. Suncor Energy Inc. (Suncor) was the first company to develop the oil sands in northern Alberta and holds one of the largest oil sands positions in Canada. In 2010, Suncor announced plans to increase production to more than 1 million barrels of oil equivalent per day by 2020, which it plans to achieve through oil sands production growth of approximately 10% per year. Because water supply and potential impacts to water quality are critical to its future growth, in 2010-2011 Suncor conducted a risk assessment to identify water-related business risks related to its northern Alberta operations. The assessment identified more than 20 high level business risks in strategic water risk areas including water supply, water reuse, storm water management, groundwater, waste management and river water return. The risk assessment results prompted development of a strategic roadmap to guide water stewardship across Suncor's regional operations. The roadmap describes goals, objectives, and specific activities for each of six key water risk areas, and informs prioritization and selection of prospective water management activities. Suncor is not only exploring water within its own boundaries, but is also collaborating with other oil sands producers to explore ways of integrating its water systems through industry consortia; Suncor is a member of the Oil Sands Leadership Initiative and of the recently formed Canadian Oil Sands Innovation Alliance, among others. (author)

  6. 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”.

  7. 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.

  8. Evaluating the effectiveness of palm oil certification in delivering multiple sustainability objectives

    Science.gov (United States)

    Morgans, Courtney L.; Meijaard, Erik; Santika, Truly; Law, Elizabeth; Budiharta, Sugeng; Ancrenaz, Marc; Wilson, Kerrie A.

    2018-06-01

    Industrial oil palm plantations in South East Asia have caused significant biodiversity losses and perverse social outcomes. To address concerns over plantation practices and in an attempt to improve sustainability through market mechanisms, civil society organisations and industry representatives developed the Roundtable on Sustainable Palm Oil (RSPO) in 2004. The effectiveness of RSPO in improving the sustainability of the palm oil industry is frequently debated and to date, few quantitative analyses have been undertaken to assess how successful RSPO has been in delivering the social, economic and environmental sustainability outcomes it aims to address. With the palm oil industry continuing to expand in South East Asia and significant estates being planted in Africa and South America, this paper evaluates the effectiveness of RSPO plantations compared to non-certified plantations by assessing the relative performance of several key sustainability metrics compared to business as usual practices. Using Indonesian Borneo (Kalimantan) as a case study, a novel dataset of RSPO concessions was developed and causal analysis methodologies employed to evaluate the environmental, social and economic sustainability of the industry. No significant difference was found between certified and non-certified plantations for any of the sustainability metrics investigated, however positive economic trends including greater fresh fruit bunch yields were revealed. To achieve intended outcomes, RSPO principles and criteria are in need of substantial improvement and rigorous enforcement.

  9. 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

  10. 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.

  11. 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

  12. Oil spill problems and sustainable response strategies through new technologies.

    Science.gov (United States)

    Ivshina, Irena B; Kuyukina, Maria S; Krivoruchko, Anastasiya V; Elkin, Andrey A; Makarov, Sergey O; Cunningham, Colin J; Peshkur, Tatyana A; Atlas, Ronald M; Philp, James C

    2015-07-01

    Crude oil and petroleum products are widespread water and soil pollutants resulting from marine and terrestrial spillages. International statistics of oil spill sizes for all incidents indicate that the majority of oil spills are small (less than 7 tonnes). The major accidents that happen in the oil industry contribute only a small fraction of the total oil which enters the environment. However, the nature of accidental releases is that they highly pollute small areas and have the potential to devastate the biota locally. There are several routes by which oil can get back to humans from accidental spills, e.g. through accumulation in fish and shellfish, through consumption of contaminated groundwater. Although advances have been made in the prevention of accidents, this does not apply in all countries, and by the random nature of oil spill events, total prevention is not feasible. Therefore, considerable world-wide effort has gone into strategies for minimising accidental spills and the design of new remedial technologies. This paper summarizes new knowledge as well as research and technology gaps essential for developing appropriate decision-making tools in actual spill scenarios. Since oil exploration is being driven into deeper waters and more remote, fragile environments, the risk of future accidents becomes much higher. The innovative safety and accident prevention approaches summarized in this paper are currently important for a range of stakeholders, including the oil industry, the scientific community and the public. Ultimately an integrated approach to prevention and remediation that accelerates an early warning protocol in the event of a spill would get the most appropriate technology selected and implemented as early as possible - the first few hours after a spill are crucial to the outcome of the remedial effort. A particular focus is made on bioremediation as environmentally harmless, cost-effective and relatively inexpensive technology. Greater

  13. 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.

  14. 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.`

  15. 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.

  16. 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…

  17. Breaking the Link between Environmental Degradation and Oil Palm Expansion: A Method for Enabling Sustainable Oil Palm Expansion

    Science.gov (United States)

    Smit, Hans Harmen; 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. PMID:24039700

  18. 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.

  19. 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

  20. 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

  1. 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...

  2. 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

  3. Sustained release formulations of citronella oil nanoemulsion using cavitational techniques.

    Science.gov (United States)

    Agrawal, Naveen; Maddikeri, Ganesh L; Pandit, Aniruddha B

    2017-05-01

    Nanoemulsion synthesis has proven to be an effective way for transportation of immobile, insoluble bioactive compounds. Citronella Oil (lemongrass oil), a natural plant extract, can be used as a mosquito repellent and has less harmful effects compared to its available market counterpart DEET (N, N-Diethyl-meta-toluamide). Nanoemulsion of citronella oil in water was prepared using cavitation-assisted techniques while investigating the effect of system parameters like HLB (Hydrophilic Lipophilic Balance), surfactant concentration, input energy density and mode of power input on emulsion quality. The present work also examines the effect of emulsification on release rate to understand the relationship between droplet size and the release rate. Minimum droplet size (60nm) of the emulsion was obtained at HLB of 14, S/O 1 ratio of 1.0, ultrasound amplitude of 50% and irradiation time of 5min. This study revealed that hydrodynamic cavitation-assisted emulsification is more energy efficient compared to ultrasonic emulsification. It was also found that the release rate of nanoemulsion enhanced as the droplet size of emulsion reduced. Copyright © 2016 Elsevier B.V. All rights reserved.

  4. 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.

  5. System of maintenance of sustainability of oil pipelines

    International Nuclear Information System (INIS)

    Aleskerov, R.

    2005-01-01

    Full text : Development of the ecological science defining interrelation and interaction of system of an alive and lifeless matter, opens new opportunities and decisions of a problem of system maintenance of stability of oil pipelines and other engineering constructions and devices of strategic purpose. In work the methodology of system maintenance of stability of oil pipelines is resulted. It is known, that at transport of oil and gas a plenty of automatic and electronic devices, devices are applied to the control and the signal system of parameters of dangerous and harmful factors, a condition of the technological and test equipment, diagnostics and the control of pipelines. The control of parameters of safety of an oil pipeline over the operation, considering influence of heavy climatic conditions during all line, etc. (1, 2, 3) is carried out. Therefore stability of work of various parts of system of an oil pipeline depends on reliability and accuracy of work of devices and devices. However, thus influence of variations of geomagnetic fields and the geodynamic processes breaking the indications of devices and devices which lead to infringement reliability of all design of system of an oil pipeline is not considered. In turn, specified leads to failure, lost of human and natural resources. Now, according to the accepted methodology of a safety of working conditions, potential dangers of any activity, only person, with the subsequent development of measures of protection (4) are considered. Proceeding from it all surrounding material world shares on the following objects forming in aggregate working conditions: subjects of work.; means of production; products of work; the industrial environment; technology process; an environmental-climatic complex; fauna and flora; people (work of the person). Apparently from above resulted, in the accepted methodology potential dangers of any activity of the person and corresponding environmental -climatic conditions of the

  6. Why Revenue Diversification Matters

    Science.gov (United States)

    Leuhusen, Fredrik Carl Axel Peter

    2017-01-01

    Revenue diversification is a term that becomes more relevant as higher education institutions are confronted with increased regulation, competition, declining enrollments, and strained finances. A challenge that many institutions face is that expenditures are higher than revenues and increase faster than them. The term Revenue diversification…

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

    OpenAIRE

    Dongwoo Jang; Gyewoon Choi

    2017-01-01

    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 w...

  8. Afghan Customs: U.S. Programs Have Had Some Successes, but Challenges Will Limit Customs Revenue as a Sustainable Source of Income for Afghanistan

    Science.gov (United States)

    2014-04-01

    that patronage networks are one of the main ways to get promoted in the ABP [Afghan Border Police].”32 BMTF and CBP officials stated that when there is...operational capacity of the Afghan Border Police ( ABP ), Afghan Customs Department (ACD) and Afghan Customs Police (ACP) to enable them to gain operational...change in leadership, affecting seizure numbers . by the ABP /ACD. • Reduction in Customs revenue due to a reduced foreign presence at the same time of

  9. 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 ...

  10. 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 ...

  11. 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.

  12. Sustainable palm oil as a public responsibility? : On the governance capacity of Indonesian standard for sustainable palm oil (ISPO)

    NARCIS (Netherlands)

    Hidayat, Nia; Offermans, Astrid; Glasbergen, Pieter

    2017-01-01

    This paper is motivated by the observation that Southern governments start to take responsibility for a more sustainable production of agricultural commodities as a response to earlier private initiatives by businesses and non-governmental organizations (NGOs). Indonesia is one of the leading

  13. 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.

  14. 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)

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

    Energy Technology Data Exchange (ETDEWEB)

    Lam, Man Kee; Tan, Kok Tat; Lee, Keat Teong; Mohamed, Abdul Rahman [School of Chemical Engineering, Engineering Campus, Universiti Sains Malaysia, 14300 Nibong Tebal, Seberang Perai Selatan, Pulau Pinang (Malaysia)

    2009-08-15

    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)

  16. 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

  17. 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

  18. 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...

  19. 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...

  20. 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...

  1. 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

  2. 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.

  3. 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...

  4. Intensification of esterification of non edible oil as sustainable feedstock using cavitational reactors.

    Science.gov (United States)

    Mohod, Ashish V; Subudhi, Abhijeet S; Gogate, Parag R

    2017-05-01

    Using sustainable feed stock such as non-edible oil for the biodiesel production can be one of the cost effective approaches considering the ever growing interest towards renewable energy and problems in existing approaches for production. However, due to the high free fatty acid content, non-edible oils require considerable preprocessing before the actual transesterification reaction for biodiesel production. The present work focuses on intensification of the esterification reaction used as preprocessing step based on acoustic and hydrodynamic cavitation also presenting the comparison with the conventional approach. Karanja oil with initial acid value as 14.15mg of KOH/g of oil has been used as a sustainable feedstock. Effect of operating parameters such as molar ratio, catalyst loading, temperature and type of catalyst (sulfuric acid and Amberlyst-15) on the acid value reduction has been investigated. The maximum reduction in the acid value (final acid value as 2.7mg of KOH/g of oil) was obtained using acoustic cavitation at optimum molar ratio of oil to methanol as 1:5 and 2% sulfuric acid loading at ambient temperature. In the case of hydrodynamic cavitation, acid value reduced upto 4.2mg of KOH under optimized conditions of first stage processing. In the second stage esterification using hydrodynamic cavitation and conventional approach, the final acid value was 3.6 and 3.8mg of KOH/g of oil respectively. Energy requirement analysis for ultrasound and conventional approaches clearly established the superiority of the ultrasound based approach. The present study clearly demonstrated that significant intensification benefits can be obtained in terms of the reduction in the molar ratio and operating temperature for the case of acoustic cavitation as compared to the conventional approach with somewhat lower effects for the hydrodynamic cavitation. Copyright © 2016 Elsevier B.V. All rights reserved.

  5. 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,...

  6. 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.

  7. 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.

  8. 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.

  9. 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

  10. 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

  11. 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)

  12. 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

  13. 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.

  14. 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.

  15. 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.

  16. 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.

  17. 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 role of agro-ecological suitability mapping among them. Interviews indicated that: (1) individual effects of suitability mapping efforts to encourage oil palm expansion on cleared areas, i.e. without deforestation, cannot be disentangled from pre-existing 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.

  18. 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%.

  19. 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.

  20. 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.

  1. 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.

  2. 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)

  3. Manitoba oil activity review, 1997

    International Nuclear Information System (INIS)

    1998-01-01

    Annual review is presented of Manitoba Crown oil and gas dispositions, mineral owner leasing and revenue, geophysical and drilling activity, areas of activity, oil production and markets, oil prices, value of production, provincial revenue from oil production, surface owners, spills and reclamation, municipal taxes, the Manitoba Drilling Incentive Program, oil reserves, oil industry expenditures, and industry employment. Highlights of the current year are included

  4. 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.

  5. Analysis of the impact of the Kyoto Protocol on the export revenues of OPEC member states and on the oil import requirements of non-Annex I countries

    NARCIS (Netherlands)

    Linden NH van der; Linde C van der; Lako P; Rooijen SNM van; Netherlands Energy Research; Netherlands Institute of International Relations; NOP

    2000-01-01

    The members of the Organisation of Petroleum Exporting Countries (OPEC) continue to voice their concerns about the adverse impact of the implementation of greenhouse gas emission reduction policies on the oil exporting countries. Referring to Article 4.8 of the UNFCCC, the OPEC is of the opinion

  6. 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).

  7. 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.

  8. 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.

  9. 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

  10. Sustainability.

    Science.gov (United States)

    Chang, Chein-Chi; DiGiovanni, Kimberly; Mei, Ying; Wei, Li

    2016-10-01

    This review on Sustainability covers selected 2015 publications on the focus of Sustainability. It is divided into the following sections : • Sustainable water and wastewater utilities • Sustainable water resources management • Stormwater and green infrastructure • Sustainability in wastewater treatment • Life cycle assessment (LCA) applications • Sustainability and energy in wastewater industry, • Sustainability and asset management.

  11. 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.

  12. 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

  13. 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.

  14. 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

    2014-05-22

    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.

  15. 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.

  16. 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

  17. 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

  18. Piracy and Movie Revenues

    DEFF Research Database (Denmark)

    Peukert, Christian; Claussen, Jörg; Kretschmer, Tobias

    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...... for the theoretical perspective of (social) network effects where file-sharing acts as a mechanism to spread information about a good from consumers with zero or low willingness to pay to users with high willingness to pay....

  19. 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

  20. 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...

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. Effect of Loads and Other Key Factors on Oil-Transformer Ageing: Sustainability Benefits and Challenges

    Directory of Open Access Journals (Sweden)

    Radu Godina

    2015-10-01

    Full Text Available Transformers are one of the more expensive pieces of equipment found in a distribution network. The transformer’s role has not changed over the last decades. With simple construction and at the same time mechanically robust, they offer long term service that on average can reach half a century. Today, with the ongoing trend to supply a growing number of non-linear loads along with the notion of distributed generation (DG, a new challenge has arisen in terms of transformer sustainability, with one of the possible consequences being accelerated ageing. In this paper we carefully review the existing studies in the literature of the effect of loads and other key factors on oil-transformer ageing. The state-of-the-art is reviewed, each factor is analysed in detail, and in the end a smart transformer protection method is sought in order to monitor and protect it from upcoming challenges.

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

    Directory of Open Access Journals (Sweden)

    Luca Lazzeri

    2009-12-01

    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

  7. 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

  8. 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.

  9. 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...

  10. 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.

  11. 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...

  12. 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.

  13. 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.

  14. 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.

  15. 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

  16. 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

  17. 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

  18. The pebble bed modular reactor (PBMR) as a source of high quality process heat for sustainable oil sands expansion

    International Nuclear Information System (INIS)

    Morris, A.; Kuhr, R.

    2008-01-01

    Bitumen extraction, processing and upgrading consumes large quantities of natural gas for production of steam, hot water and hydrogen. Massive expansion of bitumen production is planned in response to energy demands, oil prices, and the desire for energy security. The PBMR in its Process Heat configuration supports applications that compete in a cost effective and environmentally sustainable way with natural gas fired boilers and steam methane reforming. The PBMR has the benefit of size, passive nuclear safety characteristics (encompassing Generation IV safety principles), high reliability, high temperature process heat (750-950 o C) in a modular design suited to the oil sands industry. (author)

  19. Synthesis and self-assembly behavior of a biodegradable and sustainable soybean oil-based copolymer nanomicelle

    Science.gov (United States)

    Bao, Lixia; Bian, Longchun; Zhao, Mimi; Lei, Jingxin; Wang, Jiliang

    2014-08-01

    Herein, we report a novel amphiphilic biodegradable and sustainable soybean oil-based copolymer (SBC) prepared by grafting hydrophilic and biocompatible hydroxyethyl acrylate (HEA) polymeric segments onto the natural hydrophobic soybean oil chains. FTIR, H1-NMR, and GPC measurements have been used to investigate the molecular structure of the obtained SBC macromolecules. Self-assembly behaviors of the prepared SBC in aqueous solution have also been extensively evaluated by fluorescence spectroscopy and transmission electron microscopy. The prepared SBC nanocarrier with the size range of 40 to 80 nm has a potential application in the biomedical field.

  20. 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.

  1. Sustainable Energy Consumption in Northeast Asia: A Case from China’s Fuel Oil Futures Market

    Directory of Open Access Journals (Sweden)

    Chi Zhang

    2018-01-01

    Full Text Available The sustainable energy consumption in northeast Asia has a huge impact on regional stability and economic growth, which gives price volatility research in the energy market both theoretical value and practical application. We select China’s fuel oil futures market as a research subject and use recurrence interval analysis to investigate the price volatility pattern in different thresholds. We utilize the stretched exponential function to fit the pattern of the recurrence intervals of price fluctuations and find that the probability density functions of the recurrence intervals in different thresholds do not show the scaling behavior. Then the conditional probability density function and detrended fluctuation analysis prove that there is short-term and long-term correlation. Last, we use a hazard function to introduce the recurrence intervals into the (value at risk VaR calculation and establish a functional relationship between the mean recurrence interval and the threshold. Following this result, we also shed light on policy discussion for hedgers and government.

  2. 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...

  3. 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.

  4. Electric sales and revenue 1994

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-11-01

    The Electric Sales and Revenue is prepared by the Coal and Electric Data and Renewables 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 United States. 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, 1994.

  5. 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.

  6. INTERAKSI KEBIJAKAN RENEWABLE ENERGY DIRECTIVE DAN KEBIJAKAN INDONESIAN SUSTAINABLE PALM OIL TERHADAP EKSPOR KELAPA SAWIT INDONESIA KE UNI EROPA

    OpenAIRE

    -, INTAN TIARA KARTIKA

    2016-01-01

    2016 INTAN TIARA KARTIKA, E13112274, Interaksi Kebijakan Renewable Energy Directive dan Indonesian Sustainable Palm Oil Terhadap Ekspor Kelapa Sawit Indonesia ke Uni Eropa. Dibimbing oleh Prof. Dr. H. Mappa Nasrun, MA selaku pembimbing I dan H. Darwis MA, Ph.D selaku pembimbing II, departemen Ilmu Hubungan Internasional, Fakultas Ilmu Soisal dan Ilmu Politik, Universitas Hassanuddin. Penelitian ini bertujuan untuk mengetahui dan menjelaskan Interaksi Kebijakan Renewa...

  7. Small farmers and sustainability: Institutional barriers to investment and innovation in the Malaysian palm oil industry in Sabah

    OpenAIRE

    Martin, S.; Rieple, A.; Chang, J.; Ahmed, A.; Boniface, B.

    2015-01-01

    The Malaysian palm oil industry is well known for the social, environmental and sustainability challenges associated with its rapid growth over the past ten years. Technologies exist to reduce the conflict between national development aims of economic uplift for the rural poor, on the one hand, and ecological conservation, on the other hand, by raising yields and incomes from areas already under cultivation. But the uptake of these technologies has been slow, particularly in the smallholder s...

  8. 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

  9. Will Improved Palm Oil Yields suffice to the Development of Sustainable Biodiesel Feedstock in indonesia?

    OpenAIRE

    Palmén, Carl; Silveira, Semida; Khatiwada, Dilip

    2015-01-01

    By the expansion of oil palm plantations, Indonesia has become a world leading producer of crude palm oil. However, Indonesia has also been largely criticized due to issues of land use change and deforestation. The country now promotes the use of palm oil for biodiesel production as part of policies to achieve renewable energy targets. Currently yields on palm oil plantations are far from optimal. Do new policies promoting biodiesel production address the issue of yields properly? This study ...

  10. 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.

  11. Policies for healthy and sustainable edible oil consumption: a stakeholder analysis for Thailand

    OpenAIRE

    Shankar, Bhavani; Thaiprasert, N.; Gheewala, S.; Smith, R.

    2016-01-01

    : Palm oil is a cheap and versatile edible oil in widespread use as a food ingredient that has been linked to negative health and environmental outcomes. The current study aimed to understand the prospects for future health-focused policy development to limit food use of palm oil and promote a greater diversity of oils in Thailand's food system. : Eighteen semi-structured interviews were conducted with a range of stakeholders. The interviews probed views on the economic, health and environmen...

  12. 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

  13. 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 Oil sands are natural deposits of bituminous sand materials that are mined and processed for crude oil. They are routinely used in oil sand fields for building temporary and sometimes permanent roads serving mining and hauling activities. Although...

  14. Manitoba oil activity review, 1996

    International Nuclear Information System (INIS)

    1997-01-01

    This report is the annual review of Manitoba Crown oil and gas dispositions, mineral owner leasing and revenue, geophysical and drilling activity, areas of activity, oil production and markets, oil prices, value of production, provincial revenue from oil production, surface owners, spills and reclamation, municipal taxes, the Manitoba Drilling Incentive Program, oil reserves, oil industry expenditures, and industry employment. Highlights of the current year are included

  15. Manitoba oil activity review, 1995

    International Nuclear Information System (INIS)

    1996-01-01

    This report is the annual review of Manitoba Crown oil and gas dispositions, mineral owner leasing and revenue, geophysical and drilling activity, areas of activity, oil production and markets, oil prices, value of production, provincial revenue from oil production, surface owners, spills and reclamation, municipal taxes, the Manitoba Drilling Incentive Program, oil reserves, oil industry expenditures, and industry employment. Highlights of the current year are included

  16. 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...

  17. 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.

  18. 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

  19. An oil palm-based biorefinery concept for cellulosic ethanol and phytochemicals production: Sustainability evaluation using exergetic life cycle assessment

    International Nuclear Information System (INIS)

    Ofori-Boateng, Cynthia; Lee, Keat Teong

    2014-01-01

    In this study, thermo-environmental sustainability of an oil palm-based biorefinery concept for the co-production of cellulosic ethanol and phytochemicals from oil palm fronds (OPFs) was evaluated based on exergetic life cycle assessment (ExLCA). For the production of 1 tonne bioethanol, the exergy content of oil palm seeds was upgraded from 236 MJ to 77,999 MJ during the farming process for OPFs production. Again, the high exergy content of the OPFs was degraded by about 62.02% and 98.36% when they were converted into cellulosic ethanol and phenolic compounds respectively. With a total exergy destruction of about 958,606 MJ (internal) and 120,491 MJ (external or exergy of wastes), the biorefinery recorded an overall exergy efficiency and thermodynamic sustainability index (TSI) of about 59.05% and 2.44 per tonne of OPFs' bioethanol respectively. Due to the use of fossil fuels, pesticides, fertilizers and other toxic chemicals during the production, the global warming potential (GWP = 2265.69 kg CO 2 eq.), acidification potential (AP = 355.34 kg SO 2 eq.) and human toxicity potential (HTP = 142.79 kg DCB eq.) were the most significant environmental impact categories for a tonne of bioethanol produced in the biorefinery. The simultaneous saccharification and fermentation (SSF) unit emerged as the most exergetically efficient (89.66%), thermodynamically sustainable (TSI = 9.67) and environmentally friendly (6.59% of total GWP) production system. -- Highlights: • Thermo-environmental sustainability of palm-based biorefinery was assessed. • OPFs' exergy content was degraded when converted into bioethanol and phytochemicals. • Exergy efficiency (59.05%) and TSI (2.44) were recorded for the biorefinery • Global warming potential of 2265.6 kg CO 2 eq. was recorded for the whole biorefinery

  20. 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.

  1. 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

  2. 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

  3. 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.

  4. 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 ...

  5. 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...

  6. 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

  7. 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.)

  8. Assessment of creation prospects of the effective economic stimulation mechanism of ecologically sustainable oil and gas complex development

    Directory of Open Access Journals (Sweden)

    Sheveleva Anastasia, V.

    2015-12-01

    Full Text Available Negative anthropogenous impact on environment is now felt especially sharply and gains global character that can lead to economic and ecological collapse, eventually. One of the most large-scale subjects of the economic environment doing harm to environment are the enterprises of an oil and gas complex as they in large volumes throw out the polluting substances and in high volumes take natural resources. However the field of activity of such enterprises is priority for national economy, and difficult interchangeability of energy raw material resources demands from the state and the oil and gas enterprises of development within realization of complete branch ecological-economic policy of the economic mechanism of stimulation of ecologically sustainable development of an oil and gas complex. Experience of last years within regulation and stimulation of decrease in pollution shows that the most effective way of achievement of it is implementation of serious capital investments in introduction of the environmentally friendly technologies in production allowing to receive a smaller stream of pollution "at the exit" a production system, and also a recycling of resources that can be provided by introduction in practice of work of the company of the best available technologies. Problems of ecologically sustainable development will also be answered by problems of economy not only in production and power, but also in power - a consumer sector for what it is necessary to provide compliance of the technologies used in extracting and processing the energy sectors, with technologies of economy of energy in a consumer sector. In the paper in this regard much attention is paid to possibility of formation of such economic mechanism via the public-private partnership mechanism that means that ecological-economic strategy of development of the enterprises of an oil and gas complex have to be coordinated with power strategy of development of regions and the

  9. 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

  10. 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.

  11. Policies for healthy and sustainable edible oil consumption: a stakeholder analysis for Thailand.

    Science.gov (United States)

    Shankar, Bhavani; Thaiprasert, Nalitra; Gheewala, Shabbir; Smith, Richard

    2017-04-01

    Palm oil is a cheap and versatile edible oil in widespread use as a food ingredient that has been linked to negative health and environmental outcomes. The current study aimed to understand the prospects for future health-focused policy development to limit food use of palm oil and promote a greater diversity of oils in Thailand's food system. Eighteen semi-structured interviews were conducted with a range of stakeholders. The interviews probed views on the economic, health and environmental dimensions of the issue, the prospects for health-focused policy development and the policy development process. Transcripts were analysed using a health policy analytical framework. Thailand. Stakeholders from a range of ministries, regulatory agencies, the private sector, non-governmental organizations and academia. There are several impediments to the emergence of strong regulation, including the primacy of economic considerations in setting policy, doubt and misperception about health implications and a complex regulatory environment with little space for health-related considerations. At the same time, some sections of the food industry producing food for domestic consumption are substituting palm with other oils on the basis of consumer health perceptions. Strong regulation to curb the growth of palm oil is unlikely to emerge soon. However, a long-term strategy can be envisaged that relies on greater policy support for other indigenous oils, strategic rebalancing towards the use of palm oil for biofuels and oleochemicals, and harnessing Thailand's food technology capabilities to promote substitution in food production in favour of oils with healthier fatty acid composition.

  12. 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.

  13. Palm oil expansion in tropical forest margins or sustainability of production?

    NARCIS (Netherlands)

    Noordwijk, van M.; Pacheco, Pablo; Slingerland, M.A.; Dewi, S.; Khasanah, N.

    2017-01-01

    Palm oil expansion captures headlines, primarily out of concern that encroachment to tropical forest causes environmental problem and ignites social issues. Cascading ecological and social issues cause loss of trust, (threats of) consumer boycotts and multiple standards and certification responses.

  14. 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.

  15. 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

  16. Sustainability assessment of straight vegetable oil used as self-supply biofuel in agriculture

    OpenAIRE

    Baquero Armans, Grau; Esteban Dalmau, Bernat; Puig Vidal, Rita; Riba Ruiz, Jordi-Roger; Rius Carrasco, Antoni

    2011-01-01

    This work proposes and analyses a model for an agricultural fuel self-supply exploitation. The model is based on the current extended crop rotation of wheat and barley in Anoia region (Catalonia, Spain). The introduction of rapeseed to the current crop rotation and its conversion into oil to be used as agricultural fuel is presented. Life cycle assessment methodology is used to carry out an environmental and an economic assessment. Environmental results show a preference for the vegetable oil...

  17. 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...

  18. 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.

  19. 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.

  20. The future of Alberta's oil and gas: Long-term strategies necessary to sustain markets

    International Nuclear Information System (INIS)

    Anon

    2002-01-01

    The Canadian Association of Petroleum Producers predicts that based on current combustion and depending on world oil prices, Canadian oil sands can supply North American demand for 40 years and Canadian natural gas can meet North American requirements for 20 years. Natural gas production in the U.S. is greater in total energy output than oil production of the world's largest oil producer, Saudi Arabia. At the same time the U.S. gas industry is confronting a unique and profound combination of events, namely it is facing the first true shortage of deliverable reserves in its history. This may be harsh news for the consumer, however, for Alberta's oil and gas industry, the new world energy order has the potential to be a huge blessing. With relatively large, unexploited oil and gas reserves and a next door neighbour with the world's most voracious appetite for fossil fuels, it is inevitable that much of this shortage is going to be satisfied by oil and gas from Canadian sources. Nevertheless, there are some barriers to be overcome. The greatest barriers to an assured U. S. market for Canadian oil and gas is competition from Venezuelan heavy crude and synthetic crude and light sour crude from the Gulf of Mexico. To assure a ready market for Canadian heavy crude in the U. S. Midwest, Canadian producers need to be pro-active in working with U. S. refiners to develop new conversion capacity, or develop upgrading in Canada. Mexico and Venezuela have been successfully participating in major U. S. expansions in coker projects to allow projects to run heavy crude. This will eventually result in an additional 600,000 barrels per day of heavy crude available on the U. S. market, putting further pressure on Canadian markets. The challenge is for Albertan producers to undertake similar strategies with U. S. Midwest refiners for heavy and synthetic crude. Long-term supply arrangements appear to be the only way to induce American Midwest refiners to make more investment to process

  1. 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...

  2. 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 of the three oil sand samples. Oil Sand ID w [%] wb [%] D10 D30 D50 D60 Cu Cc SE-09 1.4 8.5 0.07 0.12 0.17 0.19 2.9 1.17 SE-14 3.2 13.3 0.08 0.14 0.18 0.21 2.8 1.24 AU-14 2.2 14.5 0.09 0.17 0.22 0.27 3.0 1.19 w = water content; wb = bitumen content; Di... = grain size (mm) corresponding to i-percent passing by mass; Cu = coefficient of uniformity; Cc = coefficient of curvature. Sample Preparation The oil sand samples were prepared for the laboratory testing program using an Industrial Process...

  3. 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.

  4. 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......, which have proved difficult to uphold. Instead we need to focus on public values along with micro segment data in what are here termed social responsible algorithms. We also need to continue the discussion on the very concept of news and to experiment with news ‘packaging’ that are not derived from...

  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. 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.

  7. 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.

  8. 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)

  9. 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

  10. 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

  11. Modelling Oil‑Sector Dependency of Tax Revenues in a Resource Rich Country: Evidence from Azerbaijan

    Directory of Open Access Journals (Sweden)

    Akif Musayev

    2017-01-01

    Full Text Available Forecasting tax revenues is an important issue in budget planning. As a resource rich country, Azerbaijan’s budget revenues is severely depend on oil price and production levels. This study investigates oil sector dependency of state budget tax revenues in case of Azerbaijan by employing FMOLS, DOLS and CCR cointegration methods for the period of 2000Q1 – 2015Q2. Empirical results indicate statistically and economically significant positive long‑run impact of both oil related factors on tax revenues. Considering current fiscal challenges in the country, research findings are very useful for policy purposes and fills the gap in the literature by drawing mechanism of the association and estimating the relationship empirically.

  12. How To Increase Advertising Revenue.

    Science.gov (United States)

    Mitchell, Carmen

    1995-01-01

    Describes advertising sales strategies to help faculty advisers of community college newspapers increase revenues. Argues that sales representatives should know their product well and maintain demographic information on the paper's readership. Includes strategies for organizing advertising staff, searching for potential clients, and taking charge…

  13. 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.

  14. 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

  15. 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

  16. 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

  17. 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.

  18. 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

  19. 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

  20. Effect of Loads and Other Key Factors on Oil-Transformer Ageing: Sustainability Benefits and Challenges

    OpenAIRE

    Radu Godina; Eduardo M. G. Rodrigues; João C. O. Matias; João P. S. Catalão

    2015-01-01

    Transformers are one of the more expensive pieces of equipment found in a distribution network. The transformer’s role has not changed over the last decades. With simple construction and at the same time mechanically robust, they offer long term service that on average can reach half a century. Today, with the ongoing trend to supply a growing number of non-linear loads along with the notion of distributed generation (DG), a new challenge has arisen in terms of transformer sustainability, ...

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. Decoupling Revenue from Energy Sales

    International Nuclear Information System (INIS)

    Potocnik, V.

    2011-01-01

    Energy sector based on the fossil fuels combustion has the largest greenhouse gases emissions, causing the actual climate change with numerous negative impacts. Therefore, different measures for the climate change mitigation are performed, mostly by increasing ENEF-energy efficiency (saving), and by substituting fossil fuels with renewable energy (RE), mainly with limited results. One of the most serious obstacles for implementation of these measures is an opposition of the energy utilities (power and natural gas), whose energy sales, revenue and profit are thus reduced. Consequently, new solutions are asked to decouple utilities revenues from energy sales. Decoupling has started in the US, where most states have at least one utility with some decoupling experience. California has pioneering role since 1982., with impressive results. (author)

  6. 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

  7. 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... shipper, consignee, weight or measurement, freight rate and basis (whether the freight rate applies on...

  8. 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

  9. 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.

  10. Oils

    Energy Technology Data Exchange (ETDEWEB)

    Fabbri, S

    1909-11-29

    Mineral, shale, and like oils are treated successively with sulfuric acid, milk of lime, and a mixture of calcium oxide, sodium chloride, and water, and finally a solution of naphthalene in toluene is added. The product is suitable for lighting, and for use as a motor fuel; for the latter purpose, it is mixed with a light spirit.

  11. 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.

  12. 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.

  13. 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.

  14. 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

  15. 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.

  16. 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.

  17. Towards Sustainable Aquafeeds: Complete Substitution of Fish Oil with Marine Microalga Schizochytrium sp. Improves Growth and Fatty Acid Deposition in Juvenile Nile Tilapia (Oreochromis niloticus)

    Science.gov (United States)

    Sarker, Pallab K.; Kapuscinski, Anne R.; Lanois, Alison J.; Livesey, Erin D.; Bernhard, Katie P.; Coley, Mariah L.

    2016-01-01

    We conducted a 84-day nutritional feeding experiment with dried whole cells of DHA-rich marine microalga Schizochytrium sp. (Sc) to determine the optimum level of fish-oil substitution (partial or complete) for maximum growth of Nile tilapia. When we fully replaced fish oil with Schizochytrium (Sc100 diet), we found significantly higher weight gain and protein efficiency ratio (PER), and lower (improved) feed conversion ratio (FCR) and feed intake compared to a control diet containing fish oil (Sc0); and no significant change in SGR and survival rate among all diets. The Sc100 diet had the highest contents of 22:6n3 DHA, led to the highest DHA content in fillets, and consequently led to the highest DHA:EPA ratios in tilapia fillets. Schizochytrium sp. is a high quality candidate for complete substitution of fish oil in juvenile Nile tilapia feeds, providing an innovative means to formulate and optimize the composition of tilapia juvenile feed while simultaneously raising feed efficiency of tilapia aquaculture and to further develop environmentally and socially sustainable aquafeeds. Results show that replacing fish oil with DHA-rich marine Sc improves the deposition of n3 LC PUFA levels in tilapia fillet. These results support further studies to lower Schizochytrium production costs and to combine different marine microalgae to replace fish oil and fishmeal into aquafeeds. PMID:27258552

  18. 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)

  19. Oils

    Energy Technology Data Exchange (ETDEWEB)

    Cobbett, G T.B.

    1907-07-08

    Crude petroleum having a density of 850 to 900 is purified with sulfuric acid, decanted, mixed with benzine or petrol, and again treated with sulfuric acid and decanted. The remaining acid and coloring-matter are removed by washing with water, or treating with oxalic acid, zinc carbonate, lead carbonate, calcium carbonate, or oxide of zinc. The product is used as a fuel for internal-combustion engines. Specifications No. 28,104, A.D. 1906, and No. 12,606, A.D. 1907, are referred to. According to the Provisional Specification, the process is applicable to shale or schist oil.

  20. 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

  1. 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

  2. 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.

  3. 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. .

  4. 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.

  5. Saving Alberta's resource revenues: Role of intergenerational and liquidity funds

    International Nuclear Information System (INIS)

    Bremer, Ton S. van den; Ploeg, Frederick van der

    2016-01-01

    We use a welfare-based intertemporal stochastic optimization model and historical data to estimate the size of the optimal intergenerational and liquidity funds and the corresponding resource dividend available to the government of the Canadian province Alberta. To first-order of approximation, this dividend should be a constant fraction of total above- and below-ground wealth, complemented by additional precautionary savings at initial times to build up a small liquidity fund to cope with oil price volatility. The ongoing dividend equals approximately 30 per cent of government revenue and requires building assets of approximately 40 per cent of GDP in 2030, 100 per cent of GDP in 2050 and 165 per cent in 2100. Finally, the effect of the recent plunge in oil prices on our estimates is examined. Our recommendations are in stark contrast with historical and current government policy. - Highlights: • Volatile natural resource income requires an intergenerational and liquidity fund. • We use intertemporal stochastic optimization and historical data for Alberta. • The ongoing dividend is 30 per cent of government revenue. • This requires assets of 100 per cent of GDP in 2050 and initial precautionary saving. • The effect of the 2014 plunge in oil prices on our estimates of the funds is examined.

  6. 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.

  7. Contesting legitimacy of voluntary sustainability certification schemes: valuation languages and power asymmetries in the roundtable on sustainable palm oil in Colombia

    NARCIS (Netherlands)

    Marin-Burgos, V.; Clancy, Joy S.; Lovett, Jonathan Cranidge

    2015-01-01

    Voluntary certification schemes aimed at assuring producer compliance with a set of sustainability criteria have emerged as market-based instruments (MBIs) of sustainability governance. However, the impacts they tackle can be part of a complex arena of socio-environmental conflict, where values and

  8. Sequential Management of Commercial Rosewood (Aniba rosaeodora Ducke Plantations in Central Amazonia: Seeking Sustainable Models for Essential Oil Production

    Directory of Open Access Journals (Sweden)

    Pedro Medrado Krainovic

    2017-11-01

    Full Text Available Rosewood (Aniba rosaeodora Ducke is an endangered tree that produces essential oil of high commercial value. However, technical-scientific knowledge about cultivation is scarce and studies are needed to examine the management viability. The current study evaluated rosewood aboveground biomass management, measuring the export of nutrients resulting from harvesting and testing sustainable management models. The crown of 36 rosewood trees were pruned and 108 trees cut at 50 cm above the soil in two regions in Central Amazonia. Post-harvest performance of sprouting shoots was evaluated and after, sprouting shoots were pruned so that the development of two, three and all shoots was permitted. Nutrient stock estimation was calculated as the product of mass and nutrient concentration, which allowed nutritional replacement to be estimated. The pruning facilitates regrowth by 40.11% of the initial mass while by cut regrow 1.45%. Chemical attributes of regrowth biomass differed significantly prior to management and regrowth had a significant correlation with the reserves in root tissues and with the pre -management status of the individual tree. Driving sprouts resulted in significantly larger growth increments and may provide a form of management that can viably be adopted. Biomass sequential management resulted in high nutrient exports and the amount of fertilizer needed for replenishment depended on the intensity and frequency of cropping. Compared with the cut of the tree, pruning the canopy reduces fertilizers that are required to replenish amount by 44%, decreasing to 26.37% in the second rotation. The generated knowledge contributes to this silvicultural practice as it becomes ecologically and economically viable.

  9. 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...

  10. 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.

  11. 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 ...

  12. 14 CFR 271.5 - Carrier revenues.

    Science.gov (United States)

    2010-01-01

    ... Aeronautics and Space OFFICE OF THE SECRETARY, DEPARTMENT OF TRANSPORTATION (AVIATION PROCEEDINGS) ECONOMIC REGULATIONS GUIDELINES FOR SUBSIDIZING AIR CARRIERS PROVIDING ESSENTIAL AIR TRANSPORTATION § 271.5 Carrier revenues. (a) The projected passenger revenue for a carrier providing essential air service at an eligible...

  13. 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

  14. 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.

  15. 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

  16. 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...... using buffer. In both release models, the use of ropivacaine-prodrug combination provided concomitant release from the oil into synovial fluid with ropivacaine being released faster than naproxen. The use of lipophilic prodrugs that are converted fast to the parent drug in synovial fluid seems...

  17. 10 CFR 904.5 - Revenue requirements.

    Science.gov (United States)

    2010-01-01

    ... PROJECT Power Marketing § 904.5 Revenue requirements. (a) Western shall collect all electric service... September 30, 1987. (g) If integrated operation of the Boulder Canyon Project with other Boulder City Area...

  18. Revenue-cycle redesign: honing the details.

    Science.gov (United States)

    LaForge, Richard W; Tureaud, Johnny S

    2003-01-01

    To minimize claim denials and ensure optimum payment for delivered services, many hospitals must fundamentally change their approach to managing the revenue cycle. The revenue cycle should be conceptualized as a continuum rather than as a set of isolated events, such as submitting bills or collecting payment. Cross-functional teams composed of representatives from clinical and financial areas should be created to systematically address recurrent breakdowns detected in the revenue cycle. PFS staff should be better compensated based on their value to revenue-cycle performance and receive adequate training on data collection and billing requirements to ensure the submission of clean claims. Medical-necessity screening software tools should be used at initial patient-access points to help identify scheduled services not covered by Medicare.

  19. 35 ASSESSMENT OF TOURISTS FLOW AND REVENUE ...

    African Journals Online (AJOL)

    Deji

    Federal College of Wildlife Management, New Bussa, Forestry Research ... Key words: Kainji Lake National Park, Ecotourism, Tourist flow, Revenue generation ... well as any cultural features found therein (Boo, ..... Modern technologies. 2. 1.5.

  20. 78 FR 16915 - Internal Revenue Service

    Science.gov (United States)

    2013-03-19

    ... activities of certain taxpayers under the passive activity loss and credit limitations of Internal Revenue... request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a...

  1. 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...

  2. Inadequate Revenue Threatens Afghanistan’s Stability

    OpenAIRE

    Sternlieb, Steve

    2014-01-01

    If Afghanistan is to maintain some semblance of stability in 2014 and beyond it must prepare for a substantial donor funding reduction and seek to grow its domestic revenue. Funding for the Afghan government’s operating expenses as well as further development projects is heavily dependent on donor support. Unfortunately for Afghanistan, its fiscal position is eroding as domestic revenues decline, expenses rise, and donor aid falls. Security gains as well as public services and economic develo...

  3. New FASB standard addresses revenue recognition considerations.

    Science.gov (United States)

    McKee, Thomas E

    2015-12-01

    Healthcare organizations are expected to apply the following steps in revenue recognition under the new standard issued in May 2014 by the Financial Accounting Standards Board: Identify the customer contract. Identify the performance obligations in the contract. Determine the transaction price. Allocate the transaction price to the performance obligations in the contract. Recognize revenue when--or in some circumstances, as--the entity satisfies the performance obligation.

  4. 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.

  5. 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

  6. 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.

  7. 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.

  8. 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.

  9. 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.

  10. 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

  11. Make the Alberta Carbon Levy Revenue Neutral

    Directory of Open Access Journals (Sweden)

    Kenneth J. McKenzie

    2016-04-01

    Full Text Available The new carbon levy of $30 per tonne, announced in November 2015 as part of the report issued by the Alberta government’s Climate Leadership Panel, is a positive move in the direction of pricing carbon emissions. The levy is expected to generate $3 billion in net revenue by 2018, and possibly as much as $5 billion by 2030. While there is some discussion in the report of what should be done with the revenues generated by the carbon levy, it is somewhat vague on the details, leaving a number of options open to the government. The purpose of this briefing paper is to argue that the revenues from the carbon levy should be used to lower existing taxes – the carbon tax should be revenue neutral, generating no new net revenue for the government. The basic argument is that the carbon levy can be viewed through two lenses. The first lens is the imposition of a price on carbon emissions which (at least partly reflects the social costs of emissions. Viewed through this price lens, the carbon levy plays an important role in incenting firms and individuals to change their behaviour and move towards less carbon intensive activities. The second lens is the role of a carbon tax as a part of the broad revenue system. Viewed through this tax lens, a carbon tax is not a very good, or efficient, way of generating revenue. The reason for this is somewhat nuanced, but the basic idea is that the carbon tax is applied to a narrower base than broader-based taxes. Broad based taxes generally impose lower costs on the economy than narrow based taxes. Moreover, carbon taxes interact with other taxes in the economy, exacerbating the economic costs associated with those taxes. And those costs are quite high – research shows that the total cost to the economy of raising an additional $1 in revenue through the corporate income tax in Alberta is $3.79; for the personal income tax the cost is $1.71. These taxes therefore impose higher costs on the economy than they raise

  12. Our petroleum challenge : sustainability into the 21. century. 7. ed.

    International Nuclear Information System (INIS)

    Bott, R.D.; Carson, D.M.; Henderson, J.W.

    2004-01-01

    The Canadian Centre for Energy Information provides accurate information on all aspects of Canada's energy sector. This report reviews Canada's petroleum resources and the role they play in society. In particular, it discussed the origins of crude oil and natural gas, exploration, production, processing, transportation, refining, marketing and end-use. The report is intended for a diverse audience interested in hydrocarbons, natural gas, crude oil, bitumen, gasoline, petroleum, natural gas liquids, and liquefied natural gas. The report explains the science and technology of the upstream and downstream petroleum industry. Canada's hydrocarbon legacy was described in the first section, followed by exploration, land use, seismic surveys, drilling, and production issues. The challenges and opportunities facing the industry in the twenty-first century were also discussed with reference to sustainable development. Business aspects were also outlined in terms of revenues, public interest, petroleum prices, and employment. refs., tabs., figs

  13. 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.

  14. 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

  15. Health insurance in Croatia: dynamics and politics of balancing revenues and expenditures.

    Science.gov (United States)

    Voncina, Luka; Kehler, Jenni; Evetovits, Tamas; Bagat, Mario

    2010-04-01

    Since 2002, the Croatian social health insurance system has undergone substantial reforms, initiated for the most part with the aim of addressing the perpetual financial deficits of the state health insurance fund. While the reforms focussed heavily on increasing the inflow of private funds into the health care system, underlying inefficiencies contributing significantly to poor financial performance have been largely ignored. Furthermore, contrary to demographic trends and developments in social health insurance schemes in other countries, funding health care became even more dependent on its main collection mechanism-payroll tax-and consequently on the employment ratio and wage level. Little effort has been made to diversify the revenue base or to increase the efficiency of revenue collection. Like other countries, Croatia is facing difficulties in adjusting its 'Bismarck' system to its changing demographic and socioeconomic context. Instead of targetting a comprehensive effort at improving revenue collection and limitating unnecessary expenditure and system inefficiencies, simplified approaches to balance the budget have been implemented at a high price to users and with limited effect. As a result, the Croatian health insurance system now offers a lower level of financial protection, while still facing the problem of spending more than can be collected through the current mix of revenue collection mechanisms. The authors suggest that, in order to meet the sustainability requirement of the health financing system, measures affecting both revenue and expenditure should be considered and implemented. On the revenue collection side, the Croatian government must make further efforts to improve collection from the informally employed to broaden the base of contributing members; equally important is the diversification of revenue sources by increasing transfers from general taxation revenues. On the expenditure side, exploring inefficiencies of the delivery system can

  16. 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...

  17. 47 CFR 32.5003 - Cellular mobile revenue.

    Science.gov (United States)

    2010-10-01

    ... 47 Telecommunication 2 2010-10-01 2010-10-01 false Cellular mobile revenue. 32.5003 Section 32... SYSTEM OF ACCOUNTS FOR TELECOMMUNICATIONS COMPANIES Instructions For Revenue Accounts § 32.5003 Cellular mobile revenue. This account shall include message revenue derived from cellular mobile...

  18. Trade Policy Reform and the Missing Revenue

    DEFF Research Database (Denmark)

    Arndt, Thomas Channing; Tarp, Finn

    2008-01-01

    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......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...

  19. 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...

  20. 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.

  1. Strategic steps towards the implementation of sustainable energy systems as seen by an oil and gas company

    Energy Technology Data Exchange (ETDEWEB)

    Myrvang, Gunnar

    1998-12-01

    The publication relates to the implementation of sustainable energy systems by strategy. Main themes discussed are the world`s shifting energy picture from 1860 to 1992 and the current European energy and natural gas picture including some future projections, and Statoil`s activities in renewables and research in energy technology. 6 figs.

  2. 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.

  3. 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...

  4. 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...

  5. 77 FR 35475 - Internal Revenue Service

    Science.gov (United States)

    2012-06-13

    ... contributions, consideration does not include de minimis goods or services. It also provides guidance on how..., maintenance, and purchase of services to provide information. Approved: June 6, 2012. Allan Hopkins, Tax... DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for...

  6. 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...

  7. 78 FR 25358 - Internal Revenue Service

    Science.gov (United States)

    2013-04-30

    ... 1995, Public Law 104-13(44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning... OMB control number. Books or records relating to a collection of information must be retained as long as their contents may become material in the administration of any internal revenue law. Generally...

  8. 78 FR 25359 - Internal Revenue Service

    Science.gov (United States)

    2013-04-30

    ..., Public Law 104-13(44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form... number. Books or records relating to a collection of information must be retained as long as their contents may become material in the administration of any internal revenue law. Generally, tax returns and...

  9. Gross Revenue risk in Swiss dairy farming

    NARCIS (Netherlands)

    Benni, El N.; Finger, R.

    2013-01-01

    This study investigated how agricultural policy reforms, including market liberalization and market deregulation, have influenced gross revenue risk of Swiss dairy producers using farm-level panel data between 1990 and 2009. Based on detrended data, variance decomposition was applied to assess how

  10. 77 FR 59455 - Internal Revenue Service

    Science.gov (United States)

    2012-09-27

    ...-37 describes documentation and information a taxpayer that uses the fair market value method of... elections to use the fair market value method. Current Actions: There are no changes being made to the... Revenue Procedure 2003-37, Documentation Provisions for Certain Taxpayers Using the Fair Market Value...

  11. 25 CFR 502.16 - Net revenues.

    Science.gov (United States)

    2010-04-01

    ... 25 Indians 2 2010-04-01 2010-04-01 false Net revenues. 502.16 Section 502.16 Indians NATIONAL INDIAN GAMING COMMISSION, DEPARTMENT OF THE INTERIOR GENERAL PROVISIONS DEFINITIONS OF THIS CHAPTER § 502... consistent with professional accounting pronouncements, excluding management fees. [74 FR 36932, July 27...

  12. 78 FR 69938 - Internal Revenue Service

    Science.gov (United States)

    2013-11-21

    ... U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Employment Tax... consideration. ADDRESSES: Direct all written comments to Yvette Lawrence, Internal Revenue Service, Room 6129... [email protected] . SUPPLEMENTARY INFORMATION: Title: Employment Tax Adjustments. OMB Number: 1545...

  13. 75 FR 29818 - Internal Revenue Service

    Science.gov (United States)

    2010-05-27

    ... Voluntary Closing Agreement Program for Tax-Exempt, Tax Credit and Direct Pay Bonds Exempt Organizations... Tax Exempt and Government Entities Division (TE/GE); Meeting AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice. SUMMARY: The Advisory Committee on Tax Exempt and Government Entities (ACT) will...

  14. 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

  15. Gas projects surge in the Middle East as governments seek new revenue sources

    International Nuclear Information System (INIS)

    Williams, M.D.

    1997-01-01

    The rapid development of natural gas and condensate reserves in the Middle East results from a simple motivation: the desire of governments to earn revenues. For the past decade, Middle East governments have run budget deficits, which they funded by drawing down foreign assets and issuing debt. Now in the process of structural economic reform, they have begun to use an under-utilized resource--natural gas, of which Middle East governments own about one third of the world's reserves. Governments receive revenues from several sources in natural gas developments, which makes the projects very attractive. Revenue comes from the sale of the natural gas in the domestic market and, if exported, the international market; the sale of associated condensates; the additional exports of crude oil or refined products if natural gas is substituted for refined products in domestic markets; the increased sale of crude oil if natural gas is injected into reservoirs to maintain pressure; and the sale of petrochemicals where natural gas is used as feedstock. Large projects under way in the Middle East highlight the consequences of multiple revenue sources and interlinked costs of natural gas and condensate development. Other countries in the region are undertaking similar projects, so examples cited represent only a portion of what is occurring. The paper describes Abu Dhabi, Qatar, Saudi Arabia, and Iran

  16. Manitoba oil activity review, 1992

    International Nuclear Information System (INIS)

    1993-04-01

    In an annual survey of Manitoba's petroleum industry, data are presented on oil and natural gas leases and sales, geophysical activity, exploration and drilling activity, production, oil prices and sales value, royalties and taxes, direct revenues from oil exploration and development, reserves, industry expenditures, and oil fields. Throughout the report, explanations are given of the items covered. Descriptions are made of new developments, the oil market, oil policies, incentive programs, and industrial activities. During 1992, 28 wells were drilled, compared to 54 in 1991. Oil production was down ca 8% from 1991 levels, to 656,415 m 3 ; the value of the oil produced decreased 4% to ca $86.3 million; and provincial revenues from the oil industry decreased by 24%. Oil industry expenditures in the province were estimated at $58 million, down 16% from 1991. As of 4 January 1993, there were 11 oil fields and 120 non-confidential oil pools designated in Manitoba. Crude oil prices fluctuated throughout the year. In 1992, Manitoba's average crude oil price was $20.89/bbl, compared with 1991's average of $20.14/bbl. Manitoba Energy and Mines amended the Drilling Incentive Program to provide a 10,000 m 3 holiday volume for horizontal wells. 12 figs., 17 tabs

  17. Manitoba oil activity review, 1993

    International Nuclear Information System (INIS)

    1994-07-01

    In an annual survey of Manitoba's petroleum industry, data are presented on oil and natural gas leases and sales, geophysical activity, exploration and drilling activity, production, oil prices and sales value, royalties and taxes, direct revenues from oil exploration and development, reserves, industry expenditures, and oil fields. Throughout the report, explanations are given of the items covered. Descriptions are made of new developments, the oil market, oil policies, incentive programs, and industrial activities. During 1993, 87 wells were drilled, compared to 28 in 1992. Oil production was down ca 3% from 1992 levels, to 634,561 m 3 ; the value of the oil produced decreased 10% to ca $77.5 million; and provincial revenues from the oil industry decreased by 4%. Oil industry expenditures in the province were estimated at $73 million, up 26% from 1992. As of 4 January 1994, there were 11 oil fields and 120 non-confidential oil pools designated in Manitoba. Crude oil prices fluctuated throughout the year, between $15.12 and $21.50/bbl. In 1993, Manitoba's average crude oil price was $19.40/bbl, compared with 1992's average of $20.89/bbl. Manitoba Energy and Mines amended the Drilling Incentive Program to provide a 10,000 m 3 holiday volume for horizontal wells. 12 figs., 17 tabs

  18. 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...

  19. Integrated Assessment of Palm Oil Mill Residues to Sustainable Electricity System (POMR-SES): A Case Study from Peninsular Malaysia

    Science.gov (United States)

    Jaye, I. F. Md; Sadhukhan, J.; Murphy, R. J.

    2018-05-01

    Generating electricity from biomass are undeniably gives huge advantages to the energy security, environmental protection and the social development. Nevertheless, it always been negatively claimed as not economically competitive as compared to the conventional electricity generation system using fossil fuel. Due to the unfair subsidies given to renewable energy based fuel and the maturity of conventional electricity generation system, the commercialization of this system is rather discouraging. The uniqueness of the chemical and physical properties of the biomass and the functionality of the system are fully depending on the availability of the biomass resources, the capital expenditure of the system is relatively expensive. To remain competitive, biomass based system must be developed in their most economical form. Therefore the justification of the economies of scale of such system is become essential. This study will provide a comprehensive review of process to select an appropriate size for electricity generation plant from palm oil mill (POM) residues through the combustion of an empty fruit bunch (EFB) and biogas from the anaerobic digestion of palm oil mill effluent (POME) in Peninsular Malaysia using a mathematical model and simulation using ASPEN Plus software package. The system operated at 4 MW capacity is expected to provide a return on investment (ROI) of 20% with a payback period of 6.5 years. It is notably agreed that the correct selection of generation plant size will have a significant impact on overall economic and environmental feasibility of the system.

  20. 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.

  1. Causality Relationship between Crude Oil Variables and Budget Variables in Malaysia

    OpenAIRE

    Zakaria, Zukarnain; Shamsuddin, Sofian

    2017-01-01

    As an oil and gas exporter, Malaysia profited from higher world energy prices. However, the fall in oil prices from highs in 2014 significantly affected Malaysia’s government revenue (GR), hence its expenditure since the Malaysian GR still largely depends on oil revenues. Malaysia also has problems with high spending on energy subsidy, shrinking in its net crude oil export, and narrowing the gap between its crude oil production and consumption. Given this scenario, not only shocks in crude oi...

  2. Manitoba oil activity review, 1991

    International Nuclear Information System (INIS)

    1992-04-01

    In an annual survey of Manitoba's petroleum industry, data are presented on oil and natural gas leases and sales, geophysical activity, exploration and drilling activity, production, exports to other provinces and the USA, oil prices and sales value, royalties and taxes, direct revenues from oil exploration and development, reserves, industry expenditures, and oil fields. Throughout the report, explainations are given of the items covered. Descriptions are made of new developments, the oil market, oil policies, incentive programs, and industrial activities. During 1991, 54 wells were drilled, compared to 79 in 1990. Oil production was down ca 3% from 1990 levels, to 712,792 m 3 , the value of the oil produced decreased 21% to ca $90.3 million, and provincial revenues from the oil industry declined by 15%. Oil industry expenditures in the province were estimated at $69 million, down 9% from 1990. As of the end of 1991, there were 11 oil fields and 118 non-confidential oil pools designated in Manitoba. The forecast for 1992 indicates that exploration activity will increase in response to new incentive programs. Crude oil production is expected to decline slightly to about 667,000 m 3 . 9 figs., 17 tabs

  3. Strategy of Chavez determines oil future of Venezuela

    International Nuclear Information System (INIS)

    Widdershoven, C.

    2008-01-01

    The perspective of the oil and gas industry remains unclear as long as the current president, Hugo Chavez, continues to implement his own political ideas. The announcement of another tax increase on high oil revenues of oil companies will significantly weaken the appeal to invest in the oil sector. [mk] [nl

  4. 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

  5. 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...

  6. Revenue rules when environmental regulation agencies collude

    International Nuclear Information System (INIS)

    Gaarn Hansen, L.

    1994-01-01

    In this paper the welfare implications of earmarking of revenues from environmental taxes in analyzed using a principal-agent model in the incomplete contracting tradition of constitutional design. In the model the public has very limited knowledge of the emissions problem to be regulated. Government has full knowledge and is given a general mandate to regulate, however government may be biased toward an interested party. To curb the welfare effects of government bias the public may either earmark revenues from environmental taxes for environmental expenditures or for transfers to the polluters. We find that earmarking for transfers to the polluters (under certain conditions) can be expected to maximize welfare when government bias is strong and the direction of bias is uncertain. (au) 10 refs

  7. CBO’s Revenue Forecasting Record

    Science.gov (United States)

    2015-11-01

    by squaring the errors, it places a greater weight on larger deviations. The mean absolute error is an easier measure to understand , but the RMSE... macroeconomic measures like GDP as a guide because that relationship has been significantly altered over time by changes to provisions of tax law. Instead...CBO projects revenues largely by identifying the macroeconomic variables in its economic forecasts that constitute the bases on which the various

  8. 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.)

  9. 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 ... our analysis showed that financial system activities influence tax revenue ... causality test and variance decomposition results corroborate our regression results.

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

    African Journals Online (AJOL)

    Automated Internal Revenue Processing System: A Panacea For Financial ... for the collection and management of internal revenue which is the financial ... them, computational errors, high level of redundancy and inconsistencies in record, ...

  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. 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.

  13. 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

  14. 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 ...

  15. A Revenue Planning Tool for Charter School Operators

    Science.gov (United States)

    Keller, Eric; Hayes, Cheryl D.

    2009-01-01

    This revenue planning tool aims to help charter school operators develop a sound revenue base that can meet their school's current and future funding needs. It helps identify and assess potential public (federal, state, and local) and private funding sources. The tool incorporates a four-step revenue planning process which includes: (1)…

  16. Revenue potential, tax space, and tax gap : a comparative analysis

    OpenAIRE

    Khwaja, Munawer Sultan; Iyer, Indira

    2014-01-01

    This paper contributes to the empirical literature on the key determinants of the revenue generating potential in 61 countries. The paper uses a broad set of data and econometric methods to conduct analyses that are of relevance to revenue potential. Earlier studies have not distinguished between the revenue potential based on economic fundamentals of countries and that based on what the l...

  17. 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

  18. 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.

  19. 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

  20. 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

  1. 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...

  2. 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.

  3. 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.

  4. Towards More Sustainable Material Formulations: A Comparative Assessment of PA11-SGW Flexural Performance versus Oil-Based Composites

    Directory of Open Access Journals (Sweden)

    Helena Oliver-Ortega

    2018-04-01

    Full Text Available The replacement of commodity polyolefin, reinforced with glass fiber (GF, by greener alternatives has been a topic of research in recent years. Cellulose fibers have shown, under certain conditions, enough tensile capacities to replace GF, achieving competitive mechanical properties. However, if the objective is the production of environmentally friendlier composites, it is necessary to replace oil-derived polymer matrices by bio-based or biodegradable ones, depending on the application. Polyamide 11 (PA11 is a totally bio-based polyamide that can be reinforced with cellulosic fibers. Composites based on this polymer have demonstrated enough tensile strength, as well as stiffness, to replace GF-reinforced polypropylene (PP. However, flexural properties are of high interest for engineering applications. Due to the specific character of short-fiber-reinforced composites, significant differences are expected between the tensile and flexural properties. These differences encourage the study of the flexural properties of a material prior to the design or development of a new product. Despite the importance of the flexural strength, there are few works devoted to its study in the case of PA11-based composites. In this work, an in-depth study of the flexural strength of PA11 composites, reinforced with Stoneground wood (SGW from softwood, is presented. Additionally, the results are compared with those of PP-based composites. The results showed that the SGW fibers had lower strengthening capacity reinforcing PA11 than PP. Moreover, the flexural strength of PA11-SGW composites was similar to that of PP-GF composites.

  5. 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.

  6. 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

  7. 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...

  8. Inadequate Revenue Threatens Afghanistan’s Stability

    Directory of Open Access Journals (Sweden)

    Steve Sternlieb

    2014-04-01

    Full Text Available If Afghanistan is to maintain some semblance of stability in 2014 and beyond it must prepare for a substantial donor funding reduction and seek to grow its domestic revenue. Funding for the Afghan government’s operating expenses as well as further development projects is heavily dependent on donor support. Unfortunately for Afghanistan, its fiscal position is eroding as domestic revenues decline, expenses rise, and donor aid falls. Security gains as well as public services and economic development are at risk due to this mismatch. Afghanistan’s challenge in the coming years will be how to deal with this mismatch without fueling instability. It cannot simply assume that donor funding will continue to cover its funding gap. This paper assesses Afghanistan’s deteriorating fiscal situation and concludes with some observations on what the Afghan government and the donor community must do, preferably in concert, to address it. It assumes that Afghanistan and the United States will ultimately sign a bilateral security agreement allowing a continued coalition military presence, without which the country’s fiscal situation could rapidly deteriorate.

  9. 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...

  10. 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)

  11. Sustainability as Opportunity

    DEFF Research Database (Denmark)

    Lawrence, Joanne; Rasche, Andreas; Kenny, Kevina

    2019-01-01

    Sustainability, as it relates to both social and environmental issues, is treated very differently among companies that incorporate the subject into their business strategies. In this case, we explore sustainability at Unilever whose management addresses it not as a risk to be managed or cost...... product development and marketing expertise, to realise the potential of the fast-growing emerging markets (57% of its 2014 revenues came from emerging markets compared to less than 17% of most multinationals). Issues considered are the role of corporate culture and competencies, the importance...

  12. 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)

  13. 76 FR 31013 - Proposed Collection; Comment Request for Revenue Procedure 99-17

    Science.gov (United States)

    2011-05-27

    ... Revenue Procedure 99-17 AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for... information collection requirements related to Revenue Procedure 99-17, Mark to Market Election for.... OMB Number: 1545-1641. Revenue Procedure Number: Revenue Procedure 99-17. Abstract: This revenue...

  14. STUDY CONCERNING THE EXECUTION OF LOCAL BUDGETS REVENUES

    Directory of Open Access Journals (Sweden)

    Cristinel ICHIM

    2013-12-01

    Full Text Available Implementation of local budget revenues is a very important sub-phase of the local budgetary process its correct accomplishment ensures regularity and efficiency in revenue collection, which will cover the local budget expenditures. Through this scientific approach we intended to achieve an analysis of the implementation of revenues mobilized to the local budgets in Romania. The study started with fixing the concept of execution of budget revenues and defining its phases, and followed with the analysis of the implementation of local budget revenues in three levels, namely: the overall local budgets in Romania, at the city level and at the community level. We have to mention that the analysis of the execution of local budgets was done in 2011, based on existing data in the last occurrence of the Romanian Statistical Yearbook for 2012. The paper concluded with some considerations regarding the execution of local budgets revenues and some proposals for improving the collection of local income.

  15. The refined of waste oil as sustainable solution: Ecoroil project; El re-refinamiento como solucion sostenible para el aceite usado: proyecto Ecoril

    Energy Technology Data Exchange (ETDEWEB)

    Torras, J. M.

    1999-11-01

    Waste oil must be re-refined at all? Or simply burn it all and forget about it? Today`s waste oil is burnt and dumped, thus causing serious and unnecessary pollution of the environment, contamination of the rivers, seas, water sources, soil and atmosphere. Industry and government, both, have fundamental responsibility to use every option to them to reduce pollution and to re-use and recycle before producing more. One of the most effective recycling possibilities is the re-refining. The lubricating oil business is large, profitable and complex. The new technologies in re-refining produce base oils of highest quality which can equal the performance of virgin oil. The ECOROIL Project carried forward by three companies from different sectors, F. L. Iberia - Infineum -Cator, S. A. - has demonstrated it. The paper also provides some light aspects about waste oil and re-refined oils in the last years in Spain. (Author) 4 refs.

  16. 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

  17. 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...

  18. 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. ...

  19. 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.

  20. 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.

  1. 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.

  2. Sales revenue and data for the first quarter of 2007

    International Nuclear Information System (INIS)

    2007-04-01

    This document presents the Areva Group sales revenue and data for the first quarter of 2007: sales revenue stable at 2.47 billion Euro and anticipation of a significant increase in sales revenue for 2007. Other information concerns: the business trends (reform of the nuclear sector in Russia, Toshiba's acquisition of Westinghouse, reopening of the debate on the need to build new nuclear reactors by more than 60 countries), key events concerning Areva's operations during the first quarter (major marketing events, contracts and agreements, strategic developments), and detailed first quarter 2007 sales revenues (front-end division, reactors and services, back-end division, transmission and distribution division). (J.S.)

  3. Revenue comparisons for auctions when bidders have arbitrary types

    Directory of Open Access Journals (Sweden)

    Yeon-Koo Che

    2006-03-01

    Full Text Available This paper develops a methodology for characterizing expected revenue from auctions when bidders' types come from an arbitrary distribution. In particular, types may be multidimensional, and there may be mass points in the distribution. One application extends existing revenue equivalence results. Another application shows that first-price auctions yield higher expected revenue than second-price auctions when bidders are risk averse and face financial constraints. This revenue ranking extends to risk-averse bidders with general forms of non-expected utility preferences.

  4. 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.

  5. 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...

  6. Forecasting gaming revenues in Clark County, Nevada: Issues and methods

    Energy Technology Data Exchange (ETDEWEB)

    Edwards, B.K.; Bando, A.

    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. Is is designed to generate forecasts of gaming revenues in Clark County, whose regional economy is dominated by the gaming industry. The model is meant to forecast Clark County gaming revenues and identifies the exogenous variables that affect gaming revenues. It will provide baseline forecasts of Clark County gaming revenues in order to assess changes in gaming-related economic activity resulting from changes in regional economic activity and tourism.

  7. Forecasting gaming revenues in Clark County, Nevada: Issues and methods

    Energy Technology Data Exchange (ETDEWEB)

    Edwards, B.K.; Bando, A.

    1992-07-01

    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. Is is designed to generate forecasts of gaming revenues in Clark County, whose regional economy is dominated by the gaming industry. The model is meant to forecast Clark County gaming revenues and identifies the exogenous variables that affect gaming revenues. It will provide baseline forecasts of Clark County gaming revenues in order to assess changes in gaming-related economic activity resulting from changes in regional economic activity and tourism.

  8. Economic turmoil, new administration to affect revenue cycle in 2009.

    Science.gov (United States)

    2009-01-01

    Healthcare revenue cycle leaders willface some pressing issues in 2009, including continuing economic turmoil, increasing numbers of underinsured patients, avoiding unreimbursable medical errors, and implementation of ICD-10.

  9. Sensitivity of a methematical model used to optimize revenue in a predation-competative farming environment

    Directory of Open Access Journals (Sweden)

    J. Swart

    2003-12-01

    Full Text Available Sheep farmers in the Cape Midlands region of South Africa frequently sustain stock losses through predation by caracal lynx. Further losses are incurred when hyrax compete with sheep for available pasture. Hyrax constitute the natural prey for lynx with the result that culling either hyrax or lynx has complicated feedback effects. In order to investigate the spill-over problems from the natural predator-prey system on farming revenue, a differential equations model was previously formulated, comprising the sectors Hyrax, Lynx, Sheep, Pasture and Revenue and an optimisation procedure was used to determine the optimal culling rate policy for farmers. The purpose of this paper is to investigate the numerical, behavioural and policy sensitivity of this model to parameter uncertainty.

  10. 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

  11. Cash Management, Revenue Sources and Cost Effective Methods of Revenue Collection at Local Government Level

    OpenAIRE

    Mustapha Gimba Kumshe; Kagu Bukar

    2013-01-01

    The main objective of this paper was to focus on the elements, objectives, goals and importance of cash management; and also to examine the sources of revenue and cost effective collections for local governments. The elements of cash management are identified as establishing bank relations, preparing cash flow statements, estimating collection receipts and analyzing cash flow and preparing a budget. Amongst the objectives of cash management is to ensure availability of cash resources at all t...

  12. 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

  13. Terms of trade, countertrade and recycling under oil price shocks

    Energy Technology Data Exchange (ETDEWEB)

    Tolonen, Y. (Turku School of Economics (Finland))

    1989-01-01

    In this paper we first analyse the consequences of oil pricedisturbances in a model of two oil importing and one oil producingcountries. Attention is given both to the terms of trade between theoil importers and to the recycling of the oil revenues of the oilproducer to imports from these oil importing countries. Secondly,extending the model by another oil producer we discuss a situationwhere a part of the oil trade takes place on a countertrade basis. Thequestion is whether such countertrade deals are advantageous or notwhen oil price shocks occur. Various factors are presented upon whichthe outcome depends. 12 refs., 2 tabs., 1 app.

  14. Disposal of by-products in olive oil industry: waste-to-energy solutions

    International Nuclear Information System (INIS)

    Caputo, Antonio C.; Scacchia, Federica; Pelagagge, Pacifico M.

    2003-01-01

    Olive oil production industry is characterized by relevant amounts of liquid and solid by-products [olive mill wastewater (OMW) and olive husk (OH)], and by economical, technical and organizational constraints that make difficult the adoption of environmentally sustainable waste disposal approaches. In this context, waste treatment technologies aimed at energy recovery represent an interesting alternative. In the paper, a technical and economical analysis of thermal disposal plant solutions with energy recovery has been carried out. The considered plants enable the combined treatment of OMW and OH which, although penalizes the energy recovery, proves to be feasible and profitable in a future legislative scenario when stricter limitation on OMW disposal will force oil producers to bear high disposal costs. Results are compared by using economic performance measures, including revenues from produced energy and avoided disposal costs. A sensitivity and risk analysis is also performed in order to assess the economic profitability of the proposed solutions

  15. 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

  16. 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

  17. Optimizing revenue at a cosmetic surgery centre.

    Science.gov (United States)

    Funk, Joanna M; Verheyden, Charles N; Mahabir, Raman C

    2011-01-01

    The demand for cosmetic surgery and services has diminished with recent fluctuations in the economy. To stay ahead, surgeons must appreciate and attend to the fiscal challenges of private practice. A key component of practice economics is knowledge of the common methods of payment. To review methods of payment in a five-surgeon group practice in central Texas, USA. A retrospective chart review of the financial records of a cosmetic surgery centre in Texas was conducted. Data were collected for the five-year period from 2003 to 2008, and included the method of payment, the item purchased (product, service or surgery) and the dollar amount. More than 11,000 transactions were reviewed. The most common method of payment used for products and services was credit card, followed by check and cash. For procedures, the most common form of payment was personal check, followed by credit card and financing. Of the credit card purchases for both products and procedures, an overwhelming majority of patients (more than 75%) used either Visa (Visa Inc, USA) or MasterCard (MasterCard Worldwide, USA). If the amount of the individual transaction surpassed US$1,000, the most common method of payment transitioned from credit card to personal check. In an effort to maximize revenue, surgeons should consider limiting the credit cards accepted by the practice and encourage payment through personal check.

  18. 14 CFR Section 9 - Functional Classification-Operating Revenues

    Science.gov (United States)

    2010-01-01

    ... AIR CARRIERS Profit and Loss Classification Section 9 Functional Classification—Operating Revenues... shall be included in profit and loss classification 8100, Nonoperating Income and Expense-Net, and the... for all air carrier groups and shall include all revenues from the United States Government as direct...

  19. 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…

  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. 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

  2. Wasted millions: Revenue management in Dutch culinary restaurants

    African Journals Online (AJOL)

    Research in Hospitality Management is co-published by NISC (Pty) Ltd and ... The concept of revenue management is widely adopted in various industries including the hospitality industry. ... of three main areas: firstly, pricing strategy; secondly, inventory ... essence of revenue management, however, is in many cases.

  3. 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...

  4. Seeing Potential, Pushing Possibilities: Thinking Creatively about Revenue Opportunities

    Science.gov (United States)

    Bowers, Betsy; Fulcher, Rebecca

    2010-01-01

    Revenue generation is a challenge faced by museums in today's economy. The authors encourage educators to take on a larger role in establishing new revenue streams. By applying Jim Collins' "Hedgehog Concept," their unique knowledge of audiences, and their strong ability to work in teams, educators can rethink what they've always done to influence…

  5. Revenue management under customer choice behaviour with cancellations and overbooking

    NARCIS (Netherlands)

    Sierag, D.D.; Koole, G.M.; Mei, van der R.D.; Zwart, B.; Rest, van der J.I.

    2015-01-01

    In many application areas such as airlines and hotels a large number of bookings are typically cancelled. Explicitly taking into account cancellations creates an opportunity for increasing revenue. Motivated by this we propose a revenue management model based on Talluri and van Ryzin (2004) that

  6. 47 CFR 32.5060 - Other basic area revenue.

    Science.gov (United States)

    2010-10-01

    ... accounts in the settlement process. (See also § 32.4999(e)). To the extent that the charges and credits resulting from a settlement process can be identified by Local Network Services Revenue account they shall... SYSTEM OF ACCOUNTS FOR TELECOMMUNICATIONS COMPANIES Instructions For Revenue Accounts § 32.5060 Other...

  7. 47 CFR 32.5082 - Switched access revenue.

    Science.gov (United States)

    2010-10-01

    ... SYSTEM OF ACCOUNTS FOR TELECOMMUNICATIONS COMPANIES Instructions For Revenue Accounts § 32.5082 Switched access revenue. (a) This account shall consist of federally and state tariffed charges assessed to... and state tariffed charges. Such subsidiary record categories shall be reported as required by part 43...

  8. 76 FR 6313 - Asparagus Revenue Market Loss Assistance Payment Program

    Science.gov (United States)

    2011-02-04

    ... Revenue Market Loss Assistance Payment Program AGENCY: Commodity Credit Corporation and Farm Service Agency, USDA. ACTION: Final rule. SUMMARY: This rule implements the Asparagus Revenue Market Loss Assistance Payment (ALAP) Program authorized by the Food, Conservation and Energy Act of 2008 (the 2008 Farm...

  9. 75 FR 41397 - Asparagus Revenue Market Loss Assistance Payment Program

    Science.gov (United States)

    2010-07-16

    ... Revenue Market Loss Assistance Payment Program AGENCY: Commodity Credit Corporation and Farm Service... to implement the new Asparagus Revenue Market Loss Assistance Payment (ALAP) Program authorized by the Food, Conservation, and Energy Act of 2008 (the 2008 Farm Bill). The purpose of the program is to...

  10. Revenue Sharing: An Assessment of Current Policies at UK Universities

    Science.gov (United States)

    Gazzard, James; Brown, Sarah A.

    2012-01-01

    The transfer of academic technologies to industry is an important process underpinning innovation and economic development. Various approaches have been adopted by universities to encourage academics to participate in commercial activities. Many have implemented revenue sharing policies, through which the revenues generated from university-owned…

  11. Funding California Schools: The Revenue Limit System. Technical Appendices

    Science.gov (United States)

    Weston, Margaret

    2010-01-01

    This document presents the technical appendices accompanying the report, "Funding California Schools: The Revenue Limit System." Included are: (1) Revenue Limit Calculation and Decomposition; (2) Data and Methods; and (3) Base Funding Alternative Simulation Results. (Contains 5 tables and 26 footnotes.) [For the main report,…

  12. Impedes to effective collection of local government revenue and ...

    African Journals Online (AJOL)

    However, the inability of these institutions to effectively collect revenue in Cameroon has hampered service delivery. Following the case of the Wum Central Council, the study holds that tax evasion and defaulting, migration and the diversion of revenue to other Local Government areas as well as underpayments of court ...

  13. Vertical integration strategies: revenue effects in hospital and Medicare markets.

    Science.gov (United States)

    Cody, M

    1996-01-01

    The purpose of this study was to evaluate the revenue effects of seven vertically integrated strategies on California hospitals. The strategies investigated were managed care contracts, physician affiliations, ambulatory care, ambulatory surgery, home health services, inpatient rehabilitation, and skilled nursing care. The study population included 242 not-for-profit hospitals in continuous operation from 1983 to 1990. Many hospitals developed vertically integrated programs in the 1980s as inpatient utilization fell in response to the Medicare Prospective Payment program. Net revenue rose on average by $2,080 from 1983 to 1990, but fell by $2,421 from the Medicare program. On the whole, the more physicians affiliated with a hospital, the higher the net revenue. However, in the Medicare population, the number of managed care contracts was significant. The pre-hospital strategies generated significant revenue, while the post-hospital strategies did not. In the Medicare program, inpatient rehabilitation significantly reduced revenue.

  14. The oil, gas and petrochemical industries. Sector report: Bahrain

    International Nuclear Information System (INIS)

    1993-01-01

    Oil has played a crucial role in the development of Bahrain. In 1992 revenues from oil and related products accounted for 63% of total Government revenues (ie BD 314 million out of BD 498 million). The income is therefore of critical importance to public spending in Bahrain. This report attempts to outline the structure of the industry and to provide some pointers towards future developments which offer potential opportunities for British exporters. (author)

  15. 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.

  16. Oil desulfurization using deep eutectic solvents as sustainable an economical extractants via liquid-liquid extraction: Experimental and PC-SAFT predictions

    NARCIS (Netherlands)

    Warrag, S.E.E.; Pototzki, Clarissa; Rodriguez Rodriguez, N.; van Sint Annaland, M.; Kroon, M.C.; Held, Christoph; Sadowski, G.; Peters, Cor

    2018-01-01

    The reduction of the sulfur content in crude oil is of utmost importance in order to meet the stringent environmental regulations. Thiophene and its derivatives are considered key substances to be separated from the crude oil. In previous works, six deep eutectic solvents (DESs) based on

  17. Gasoline taxes and revenue volatility: An application to California

    International Nuclear Information System (INIS)

    Madowitz, M.; Novan, K.

    2013-01-01

    This paper examines how applying different combinations of excise and sales taxes on motor fuels impact the volatility of retail fuel prices and tax revenues. Two features of gasoline and diesel markets make the choice of tax mechanism a unique problem. First, prices are very volatile. Second, demand for motor fuels is extremely inelastic. As a result, fuel expenditures vary substantially over time. Tying state revenues to these expenditures, as is the case with a sales tax, results in a volatile stream of revenue which imposes real costs on agents in an economy. On July 1, 2010, California enacted Assembly Bill x8-6, the “Gas Tax Swap”, increasing the excise tax and decreasing the sales tax on gasoline purchases. While the initial motivation behind the revenue neutral swap was to provide the state with greater flexibility within its budget, we highlight that this change has two potentially overlooked benefits; it reduces retail fuel price volatility and tax revenue volatility. Simulating the monthly fuel prices and tax revenues under alternative tax policies, we quantify the potential reductions in revenue volatility. The results reveal that greater benefits can be achieved by going beyond the tax swap and eliminating the gasoline sales tax entirely. - Highlights: • We examine how gasoline taxes affect government revenue volatility. • We simulate the impact of California's Gasoline Tax Swap policy. • Sales taxes are shown to magnify price volatility and government revenue volatility. • A pure excise tax policy results in less volatile fuel prices and state revenues. • We argue that reductions in both forms of volatility are welfare enhancing

  18. Modelling altered revenue function based on varying power consumption distribution and electricity tariff charge using data analytics framework

    Science.gov (United States)

    Zainudin, W. N. R. A.; Ramli, N. A.

    2017-09-01

    In 2010, Energy Commission (EC) had introduced Incentive Based Regulation (IBR) to ensure sustainable Malaysian Electricity Supply Industry (MESI), promotes transparent and fair returns, encourage maximum efficiency and maintains policy driven end user tariff. To cater such revolutionary transformation, a sophisticated system to generate policy driven electricity tariff structure is in great need. Hence, this study presents a data analytics framework that generates altered revenue function based on varying power consumption distribution and tariff charge function. For the purpose of this study, the power consumption distribution is being proxy using proportion of household consumption and electricity consumed in KwH and the tariff charge function is being proxy using three-tiered increasing block tariff (IBT). The altered revenue function is useful to give an indication on whether any changes in the power consumption distribution and tariff charges will give positive or negative impact to the economy. The methodology used for this framework begins by defining the revenue to be a function of power consumption distribution and tariff charge function. Then, the proportion of household consumption and tariff charge function is derived within certain interval of electricity power. Any changes in those proportion are conjectured to contribute towards changes in revenue function. Thus, these changes can potentially give an indication on whether the changes in power consumption distribution and tariff charge function are giving positive or negative impact on TNB revenue. Based on the finding of this study, major changes on tariff charge function seems to affect altered revenue function more than power consumption distribution. However, the paper concludes that power consumption distribution and tariff charge function can influence TNB revenue to some great extent.

  19. 75 FR 78804 - Proposed Collection; Comment Request for Revenue Procedure 2003-45 and Revenue Procedure 2004-48

    Science.gov (United States)

    2010-12-16

    ... required by the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently... Corporations, and Revenue Procedure 2004-48, Deemed Corporate Election for Late Electing S Corporations. DATES...-45, Late Election Relief for S Corporations, and Revenue Procedure 2004-48, Deemed Corporate Election...

  20. 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)

  1. 77 FR 6862 - Proposed Collection; Comment Request for Revenue Procedure 99-50

    Science.gov (United States)

    2012-02-09

    ... Revenue Procedure 99-50 AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for... Revenue Procedure 99-50, Combined Information Reporting. DATES: Written comments should be received on or... Number: Revenue Procedure 99-50. Abstract: Revenue Procedure 99-50 permits combined information reporting...

  2. 76 FR 30428 - Proposed Collection; Comment Request for Revenue Procedure 99-21

    Science.gov (United States)

    2011-05-25

    ... Revenue Procedure 99-21 AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for...: Disability Suspension. OMB Number: 1545-1649. Revenue Procedure Number: Revenue Procedure 99-21. Abstract: Revenue Procedure 99-21 describes the information that is needed to establish a claim that a taxpayer was...

  3. 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...

  4. 26 CFR 601.102 - Classification of taxes collected by the Internal Revenue Service.

    Science.gov (United States)

    2010-04-01

    ... Rules § 601.102 Classification of taxes collected by the Internal Revenue Service. (a) Principal... 26 Internal Revenue 20 2010-04-01 2010-04-01 false Classification of taxes collected by the Internal Revenue Service. 601.102 Section 601.102 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF...

  5. Nigerian oil: the case for countertrade

    Energy Technology Data Exchange (ETDEWEB)

    Idemudia, T.; Abudl-Malik, M.A.

    1986-02-01

    The offshore petroleum processing arrangement between Nigeria and some Latin American and European countries is a form of barter, or counter trade. Other forms of countertrade are counter-purchase, compensation (or product buyback), offset, clearing agreements, and performance requirements. The growth in reciprocal product exchanges reflects its attractiveness as a way to generate revenue or maximize market share when a country has problems competing. Nigeria's decision to engage in oil countertrade is a result of a liquidity crisis since 1981 caused by debts and diminished capital at a time when oil revenues were declining. Criticism of Nigeria's countertrade agreements focuses on their use for consumer goods at inflated prices and their adverse impact on market stability. Proponents argue that they maintain a standard of living and ensure that oil can be sold and generate revenue. 2 figures, 2 tables.

  6. 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

  7. 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

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

    Energy Technology Data Exchange (ETDEWEB)

    Edwards, B.; Bando, A.; Bassett, G.; Rosen, A. [Argonne National Lab., IL (United States); Carlson, J.; Meenan, C. [Science Applications International Corp., Las Vegas, NV (United States)

    1992-04-01

    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, 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.

  9. 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

  10. 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...

  11. Revenue stream: How state taxes fund public services, amenities

    OpenAIRE

    Brye Steeves

    2009-01-01

    Each state has a portfolio with a varying assortment of revenue sources, such as income tax and sales tax, which are affected by the health of the economy. In down times, services get cut or taxes are raised.

  12. 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...

  13. 77 FR 34125 - Indexing the Annual Operating Revenues of Railroads

    Science.gov (United States)

    2012-06-08

    ... (1992), raised the revenue classification level for Class I railroads from $50 million (1978 dollars) to..., William F. Huneke, Director, Office of Economics. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2012-13938...

  14. 75 FR 57553 - Indexing the Annual Operating Revenues of Railroads

    Science.gov (United States)

    2010-09-21

    ... (1992) raised the revenue classification level for Class I railroads from $50 million (1978 dollars) to... the Board, William F. Huneke, Director, Office of Economics. Jeffrey Herzig, Clearance Clerk. [FR Doc...

  15. 78 FR 21007 - Indexing the Annual Operating Revenues of Railroads

    Science.gov (United States)

    2013-04-08

    ... Rulemaking With Respect to 49 CFR 1201, 8 I.C.C. 2d 625 (1992), raised the revenue classification level for...- 8339] By the Board, William F. Huneke, Director, Office of Economics. Jeffrey Herzig, Clearance Clerk...

  16. Revisiting the relevance of economic theory to hotel revenue ...

    African Journals Online (AJOL)

    Keywords: economic theory, hotels, revenue management, Big Data, hospitality education ... and the ease and quality in which pricing information is delivered to ...... Cornell Hotel and Restaurant Administration Quarterly, 25(2), 27–40.

  17. 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....

  18. 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.

  19. 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...

  20. Determinants of Revenue Derived from Pineapple Marketing in Edo ...

    African Journals Online (AJOL)

    Determinants of Revenue Derived from Pineapple Marketing in Edo State, Nigeria. ... The results showed that an average pineapple marketer has a mean volume of 98 dozens and incurred a variable ... EMAIL FULL TEXT EMAIL FULL TEXT

  1. Tax Limitations and Revenue Shifting Strategies in Local Government

    DEFF Research Database (Denmark)

    Blom-Hansen, Jens; Bækgaard, Martin; Serritzlew, Søren

    2014-01-01

    subjected to tax limitations employ revenue-shifting strategies. In Denmark, however, these strategies are contingent on the specifics of the Danish intergovernmental system, which render central government grants an attractive object of revenue-shifting strategies. Our analysis thus helps identify......The literature on tax and expenditure limitations (TELs) shows how limiting the freedom of local governments to levy taxes may have considerable unexpected effects. Entities subjected to such limitations may, as their proponents hope, react by cutting expenditures and revenue, but they may also...... 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...

  2. 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.

  3. 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...

  4. 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...

  5. 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.

  6. 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...

  7. 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...

  8. 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...

  9. Tax Revenue and Macroeconomic Growth in Nigeria: A Contextual Analysis

    OpenAIRE

    Miftahu Idris; Tunku Salhabinti Tunku Ahmad

    2017-01-01

    This paper aims at evaluating the influence of tax revenue on the macroeconomic management of the Nigerian economy using a conceptual approach. By so doing, a comprehensive review of the literature as well as in-depth analysis of tax structure are critically conducted. Undeniably, an insight that shows a precise influence or relationship between tax revenue and the nation’s growth can be regarded as a working tool for policymakers particularly in developing countries. In view of that, this pa...

  10. Determinants of value added tax revenue in Kenya

    OpenAIRE

    WAWIRE, Nelson

    2017-01-01

    Abstract. Past studies that have been undertaken on the responsiveness of Value Added Tax revenues to changes in GDP in Kenya have found a positive relationship. However, the studies omit key determinants of tax revenues, such as the nature of the tax system, institutional, demographic and structural features of the economy. Due to this omission, the estimated income elasticities are unreliable for planning purposes, a situation that might be responsible for the recurring budget deficits. The...

  11. Tax policy: The fiscal revenue effects of international tax planning

    OpenAIRE

    Beznoska, Martin; Hentze, Tobias

    2016-01-01

    In the course of the 'Panama Papers' discussion, questions arise concerning the fiscal effects of international profit shifting and tax avoidance. A recent OECD study estimates the worldwide corporate tax losses to lie between 4 and 10 percent of the revenues. Applied to Germany, this would reflect between 3 and 7 billion Euro or maximum 1 percent of total tax revenues. However, the estimation underlies questionable assumptions and therefore severe uncertainties.

  12. 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

  13. 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 ...

  14. An examination of ongoing trends in airline ancillary revenues

    OpenAIRE

    Warnock-Smith, David; O'Connell, John Frankie; Maleki, Mahnaz

    2015-01-01

    The airline industry seems permanently embedded in producing thin margins and continuously combatting downward pressure on yields. To perpetuate the problem, the industry remains eclipsed with high cost structures and low barriers to entry. However, a new sizzling concept continues to counterbalance these effects in the form of ancillary revenues. Globally, these revenues have increased by 121% from 2010 to 2014 – and the trend is set to continue as carriers are quickly implementing structura...

  15. 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.

  16. The Existence Of Revenue Gap In South Africa

    Directory of Open Access Journals (Sweden)

    Thamae Retselisitsoe

    2015-08-01

    Full Text Available The paper provides an empirical analysis of the macroeconomic factors that enhance revenue gap in South Africa using the multivariate cointegration techniques for the period 1965 to 2012. The results from the cointegration analysis indicate that the revenue gap in South Africa is negatively associated with the level of imports while positively related to external debt and underground economy. The former finding is consistent with the notion that imports are subjected to more taxation than domestic activities because of certain features of international trade that tend to make tax evasion difficult. On the other hand, the positive relationship between external debt and tax gap shows that the South African government relies upon external debt to finance its budget deficit resulting from missing revenues. Furthermore, the observed negative effect of the post-apartheid dummy confirms that the tax policy reforms that South Africa introduced following the liberation in 1994 have led to a reduction in missing revenues. The results from the Granger causality test also show that there is a unidirectional causality running from imports and underground economy to revenue gap, while revenue gap on the other hand is found to Granger-cause national income and external debt in South Africa.

  17. 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.

  18. 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.

  19. 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

  20. 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.

  1. Expanding the biomass resource: sustainable oil production via fast pyrolysis of low input high diversity biomass and the potential integration of thermochemical and biological conversion routes.

    Science.gov (United States)

    Corton, J; Donnison, I S; Patel, M; Bühle, L; Hodgson, E; Wachendorf, M; Bridgwater, A; Allison, G; Fraser, M D

    2016-09-01

    Waste biomass is generated during the conservation management of semi-natural habitats, and represents an unused resource and potential bioenergy feedstock that does not compete with food production. Thermogravimetric analysis was used to characterise a representative range of biomass generated during conservation management in Wales. Of the biomass types assessed, those dominated by rush ( Juncus effuses ) and bracken ( Pteridium aquilinum ) exhibited the highest and lowest volatile compositions respectively and were selected for bench scale conversion via fast pyrolysis. Each biomass type was ensiled and a sub-sample of silage was washed and pressed. Demineralization of conservation biomass through washing and pressing was associated with higher oil yields following fast pyrolysis. The oil yields were within the published range established for the dedicated energy crops miscanthus and willow. In order to examine the potential a multiple output energy system was developed with gross power production estimates following valorisation of the press fluid, char and oil. If used in multi fuel industrial burners the char and oil alone would displace 3.9 × 10 5  tonnes per year of No. 2 light oil using Welsh biomass from conservation management. Bioenergy and product development using these feedstocks could simultaneously support biodiversity management and displace fossil fuels, thereby reducing GHG emissions. Gross power generation predictions show good potential.

  2. 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.

  3. A system dynamic model for production and consumption policy in Iran oil and gas sector

    International Nuclear Information System (INIS)

    Kiani, Behdad; Ali Pourfakhraei, Mohammad

    2010-01-01

    A system dynamic model is presented, which considers the feedback between supply and demand and oil revenue of the existing system in Iran considering different sectors of the economy. Also the export of the oil surplus and the injection of the gas surplus into the oil reservoirs are seen in the model by establishing a balance between supply and demand. In this model the counter-effects and existing system feedbacks between supply and demand and oil revenue can be seen considering different sectors of the economy. As a result, the effects of oil and gas policies in different scenarios for different sectors of Iran's economy together with the counter-effects of energy consumption and oil revenue are examined. Three scenarios, which show the worst, base and ideal cases, are considered to find future trends of major variables such as seasonal gas consumption in power plants, seasonal injected gas in oil reservoirs, economic growth in the industrial sector, oil consumption in the transportation sector, industrial gas consumption and exported gas. For example, it is shown that the exported gas will reach between 500 and 620 million cubic-meter per day in different scenarios and export revenues can reach up to $500 billion by 2025. - Research Highlights: →A system dynamic model analyzing the feedback between supply, demand and oil revenue is built. →The export of the oil surplus and the injection of the gas surplus into oil reservoirs are modeled. →Effects of oil and gas policies in different scenarios are examined for Iran's economy. →Counter-effects of energy consumption and oil revenue are examined. →Exported gas will reach between 500 and 620 million cubic-meter per day in different scenarios. →Export revenues can reach up to $500 billion by 2025.

  4. 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.)

  5. 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)

  6. 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.

  7. 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

  8. 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.

  9. 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.

  10. An economic Manifesto for the oil exporting countries of the Persian Gulf

    Directory of Open Access Journals (Sweden)

    Hossein Askari

    2006-12-01

    Full Text Available The oil-exporting countries of the Persian Gulf have failed economically and socially. It is time for a radical new approach to managing oil revenues while oil and gas reserves last. We propose an approach to cut the level of oil revenues available to governments to zero while incorporating a formal “Oil Fund for All Generations”. Others have proposed and implemented oil funds but in our proposal the government would (in time lose all access to oil revenues; by taking easy money away from governments and rulers, the likelihood of waste, corruption and wars will be reduced, and there will be better chance of adopting and implementing rational economic policies to enhance equity across generations.

  11. 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.

  12. Discarded seeds from red pepper (Capsicum annum) processing industry as a sustainable source of high added-value compounds and edible oil.

    Science.gov (United States)

    Azabou, Samia; Taheur, Fadia Ben; Jridi, Mourad; Bouaziz, Mohamed; Nasri, Moncef

    2017-10-01

    The chemical composition and the antioxidant properties of Capsicum annum discarded seeds from processing industry with their corresponding extracted oil were investigated. C. annum seeds had high levels of crude proteins (18.30%), crude oil (11.04%), and dietary fibers (60.96%). The lipophilic fraction of C. annum seeds showed higher radical scavenging activity compared to their hydrophilic fraction, while this latter exhibited the highest reducing power. The results of fatty acid composition showed that fatty acids present in C. annum seed oil were mainly polyunsaturated (84.23%), with linoleic acid being the major polyunsaturated fatty acid (70.93%). The major monounsaturated fatty acid was oleic acid (12.18%), while the main saturated fatty acid was palmitic acid (11.90%). C. annum seed oil showed high absorbance in the UV-B, UV-A, and visible ranges. Owing to their composition, C. annum seeds discarded from pepper processing industry as by-product could be potentially used as high added-value ingredients in some food or nutraceutical formulations because they are well endowed with essential nutriments required for human health.

  13. 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

  14. 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

  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. Alcohol industry and governmental revenue from young Australians.

    Science.gov (United States)

    Li, Ian W; Si, Jiawei

    2016-11-01

    Objective The aim of the present study was to estimate the revenues collected by government and industry from alcohol consumption by young Australians in 2010. Methods Statistical analyses were performed on data from the Australian National Drug Strategy Household Survey 2010 and alcohol data collected from an online retailer to calculate the proportion, frequency, quantity and revenues from alcohol consumption by young Australians. Results One-third of adolescents (12-17 years old) and 85% of young adults (18-25 years old) consume alcohol. More than half the adolescents' alcohol consumption is from ready-to-drink spirits. Revenue generated from alcohol consumption by 12-25 year olds is estimated at $4.8 billion in 2010 (2014 Australian dollars): $2.8 billion to industry (sales) and $2.0 billion to government (taxes). Conclusions Alcohol consumption by young Australians is prevalent, and young Australian drinkers consume alcohol in substantial amounts. The industry and taxation revenue from young drinkers is also considerable. It would be in the public interest to divert some of this revenue towards health initiatives to reduce drinking by young people, especially given the high societal costs of alcohol consumption. What is known about the topic? Australian adolescents aged 12-17 years consume substantial amounts of alcohol, and substantial amounts of revenue are generated from alcohol sales to them. What does this paper add? This paper provides recent estimates of alcohol consumption and revenue generated by Australian adolescents, and extends estimates to young adults aged 18-25 years. What are the implications for practitioners? A substantial proportion of Australian young people consume alcohol. The sales and taxation revenue generated from young people's drinking is substantial at A$4.8 billion in 2010 and is higher in real terms than estimates from previous studies. Some of the alcohol taxation revenue could be diverted to health promotion and education for

  17. Net lost revenue from DSM: State policies that work

    Energy Technology Data Exchange (ETDEWEB)

    Baxter, L.W.

    1995-07-01

    A key utility regulatory reform undertaken since 1989 allows utilities to recover the lost revenue incurred through successful operation of demand-side management (DSM) programs. Net lost revenue adjustment (NLRA) mechanisms are states preferred approach to lost revenue recovery from DSM programs. This paper examines the experiences states and utilities are having with the NLRA approach. The paper has three objectives: (1) determine whether NLRA is a feasible and effective approach to the lost-revenue disincentive for utility DSM programs, (2) identify the conditions linked to effective implementation of NLRA mechanisms and assess whether NLRA has changed utility investment behavior, and (3) suggest improvements to NLRA mechanisms. Contrary to the concerns raised by some industry analysts, our results indicate NLRA is a feasible approach. Seven of the ten states we studied report no substantial problems with their approach. We observe several conditions linked to effective NLRA implementation. Observed changes in utility investment behavior occur after implementation of DSM rate reforms, which include deployment of NLRA mechanisms. Utilities in states with lost revenue recovery invest more than twice as much in DSM as do utilities in other states.

  18. Tax Revenues in the Context of Economic Determinants

    Directory of Open Access Journals (Sweden)

    Alena Andrejovská

    2018-03-01

    Full Text Available Despite the general recognition that taxes are generally a strong policy tool for assessing the macroeconomic impact of the country's alternative tax policies, taxes are often weakened by restrictions on tax revenue measurement. The aim of the contribution is to quantify the impact of selected macroeconomic indicators (gross domestic product, level of employment, public debt, foreign direct investments, effective tax rate, statutory tax rate on the total amount of tax revenues, taking into account the tax competitiveness of the 28 EU member states. There was used methods of three models of regression analysis: the pooling model, the fixed effects model and the random effects model. The hypothesis that the gross domestic product has the greatest impact on tax revenue has been tested. In conclusion, the analysis confirmed that the strongest correlation is between tax revenues and employment rate. Followed by foreign direct investment and gross domestic product. Increasing these determinants by 1 mil. € (increase in employment by 1% would increase tax revenues by 10 072 mil. € at the employment rate, by 383.1 thousand € for gross domestic product and by 434.2 thousand € for foreign direct investment.

  19. 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

  20. 26 CFR 1.43-4 - Qualified enhanced oil recovery costs.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 1 2010-04-01 2010-04-01 true Qualified enhanced oil recovery costs. 1.43-4... TAXES Credits Against Tax § 1.43-4 Qualified enhanced oil recovery costs. (a) Qualifying costs—(1) In... “qualified enhanced oil recovery costs” if the amounts are paid or incurred with respect to an asset which is...

  1. 26 CFR 1.43-1 - The enhanced oil recovery credit-general rules.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 1 2010-04-01 2010-04-01 true The enhanced oil recovery credit-general rules. 1... INCOME TAXES Credits Against Tax § 1.43-1 The enhanced oil recovery credit—general rules. (a) Claiming the credit—(1) In general. The enhanced oil recovery credit (the “credit”) is a component of the...

  2. 75 FR 67165 - Proposed Collection; Comment Request for Revenue Procedure2007-XX (RP-155430-05)

    Science.gov (United States)

    2010-11-01

    ... Revenue Procedure 2007- XX (RP-155430-05) AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice... soliciting comments concerning Revenue Procedure 2007-XX (RP-155430-05), Section 6707/6707A Accelerated... Procedure 2007-XX (RP-155430-05). Abstract: The collection of information this revenue procedure requires is...

  3. 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

  4. Pollution taxation and revenue recycling under monopoly unions

    Energy Technology Data Exchange (ETDEWEB)

    Strand, J.

    1996-04-01

    This paper discusses a model in which a given number of firms decide on a pollution reducing production technology, and then hire workers who subsequently form a monopoly union which sets the wage. The paper discusses the possibility of ``double dividends``. By this is meant simultaneous pollution reductions and employment increase when the pollution tax is increased and tax revenues recycled, in alternative ways. In all cases overall pollution is then reduced. When pollution tax revenues are used to subsidize output, the effect on employment of a marginal pollution tax increase is neutral in all cases studied. When employment is subsidized, it is increased in one case, implying a ``double dividend``. When instead investments in pollution reducing equipment are subsidized, increasing the pollution tax reduces employment. On the whole, employment subsidies are the most efficient way of recycling pollution tax revenues, with respect to simultaneous environmental and employment objectives. 19 refs.

  5. Implement the medical group revenue function. Create competitive advantage.

    Science.gov (United States)

    Colucci, C

    1998-01-01

    This article shows medical groups how they can employ new financial management and information technology techniques to safeguard their revenue and income streams. These managerial techniques stem from the application of the medical group revenue function, which is defined herein. This article also describes how the medical group revenue function can be used to create value by employing a database and a decision support system. Finally, the article describes how the decision support system can be used to create competitive advantage. Through the wise use of internally generated information, medical groups can negotiate better contract terms, improve their operations, cut their costs, embark on capital investment programs and improve market share. As medical groups gain market power by improving in these areas, they will be more attractive to potential strategic allies, payers and investment bankers.

  6. 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.

  7. 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.

  8. Revenue and Attendance Simultaneous Optimization in Performing Arts Organizations

    DEFF Research Database (Denmark)

    Baldin, Andrea; Bille, Trine; Ellero, Andrea

    2018-01-01

    Performing arts organizations are characterized by different objectives other than revenue. Even if, on the one hand, theaters aim to increase revenue from box office as a consequence of the systematic reduction in public funds; on the other hand, they pursue the objective to increase its attenda...... and the demand forecast, taking into account the impact of heterogeneity among customer categories in both choice and demand. The proposed model is validated with booking data referring to the Royal Danish theater during the period 2010–2015....

  9. On the Revenue Implication of Trade Liberalization under Bertrand Competition

    OpenAIRE

    OKAWA, Masayuki; IGUCHI, Tatsuya

    2013-01-01

    In this paper we set up a simple model of a small open economy in which the government imposes an import tariff on intermediate goods and a profit tax on the profits of domestic oligopoly firms that produce final goods by using the intermediate goods. We examine whether the government can collect enough profit tax revenue to compensate the loss of government revenue caused by a tariff reduction when firms produce differentiated goods and compete in a Bertrand-Nash fashion. We will show that, ...

  10. 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.

  11. 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.

  12. Decomposing Revenue Effects of Tax Evasion, Base Broadening and Tax Rate Reduction

    OpenAIRE

    Ira N. Gang; Arindam Das-Gupta

    1998-01-01

    This paper proposes a method for evaluating the impact of tax reform on tax revenues and the distribution of the tax burden. The technique consists of decomposing actual revenue relative to potential revenue into components attributable to (i) changes in the tax rate structure (ii) deductions and (iii) tax evasion. If the standard reform package is successful, revenue loss from deductions should be curtailed by base broadening. Furthermore, revenues lost by lowering tax rates should be more t...

  13. Oil Prices and Venezuela's Economy

    OpenAIRE

    Mark Weisbrot; Rebecca Ray

    2008-01-01

    This paper looks at Venezuela’s export revenue, imports, and trade and current account balances under a range of oil price outcomes for the next two years. It finds that Venezuela would run large current account surpluses for prices between $60-90 per barrel, and would even run a small surplus with prices at $50 per barrel. (Most oil industry estimates for the next two years are in the range of $80-90 per barrel). The authors conclude that Venezuela is unlikely to run into foreign exchange co...

  14. 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

  15. 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...

  16. 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.

  17. Did School Finance Equalization Increase Revenue Instability for School Districts?

    Science.gov (United States)

    Balu, Rekha

    2011-01-01

    This study uses an Interrupted Time Series analysis with a non-equivalent comparison group to estimate the causal effect of school finance equalization on district revenue instability. The author applies a microeconomic framework to an understudied problem in education finance and policy. In so doing, she illustrates how policies can sometimes…

  18. The distribution price control and the 'revenue driver'

    International Nuclear Information System (INIS)

    Warren, Andrew

    1995-01-01

    The recent review by the UK electricity Regulator of the electricity companies' distribution price control is analysed. The revenue driver is related to sales volume and number of customers with fifty fifty weighting. This article argues that these are not the appropriate weightings and that peak demand rather than sales is more important. Without such changes, energy efficiency will be disadvantaged. (UK)

  19. 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…

  20. 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 ...

  1. Revenue Sharing and its Impact on Civil Rights

    Science.gov (United States)

    McGraw, Marvin A.

    1975-01-01

    A discussion by the Assistant to the Director, Office of Revenue Sharing, U.S. Treasury Department, of the four part approach of that agency to extending the ability of the federal government to combat discrimination in the state and local sector; human rights workers should focus on the monetary and economic impact these funds have on the…

  2. 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 ...

  3. 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...

  4. 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

  5. Magazine and Newspaper Prices: The Effect of Advertising Revenue.

    Science.gov (United States)

    Norris, Vincent P.

    A review of the literature reveals that publishers have suggested that magazines would cost twice as much and newspapers five times as much if they were not supported by advertising revenues. However, recent research indicates that this is not true. Although statistics regarding magazine publication are easier to obtain than those regarding…

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

    African Journals Online (AJOL)

    The Nigerian state became a federation in 1954 by virtue of the Lyttleton Constitution. Since then, it has witnessed so much vicissitudes. At inception, agriculture was the mainstay of the country's economy and the principle of derivation featured prominently in revenue allocation. This principle was downplayed when crude ...

  7. 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 ...

  8. Fixing the Net Tuition Revenue Dilemma: The Dickinson College Story

    Science.gov (United States)

    Massa, Robert J.; Parker, Annette S.

    2007-01-01

    This chapter describes how Dickinson College, guided by a strategic plan, addressed its net tuition revenue problem through effective decision support, marketing and branding approaches, and pricing and financial aid strategies. The college's strategic plan guides allocation of resources toward fulfilling the college's purpose of providing an…

  9. 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 ...

  10. 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 ...

  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. 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, ... blood pressure, high cholesterol, and cyanide poisoning. Palm oil is used for weight loss and increasing the ...

  13. 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 ...

  14. Operational Aspects of Fiscal Policy in Oil-Producing Countries

    OpenAIRE

    Steven A Barnett; Rolando Ossowski

    2002-01-01

    Oil-producing countries face challenges arising from the fact that oil revenue is exhaustible, volatile, and uncertain, and largely originates from abroad. Reflecting these challenges, the paper proposes some important general principles for the formulation and assessment of fiscal policy in these countries. The main findings can be summarized in some key guidelines: the non-oil balance should feature prominently in the formulation of fiscal policy; it should generally be adjusted gradually; ...

  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. Oil spills

    International Nuclear Information System (INIS)

    Katsouros, M.H.

    1992-01-01

    The world annually transports 1.7 billion tons of oil by sea, and oil spills, often highly concentrated discharges, are increasing from a variety of sources. The author discusses sources of oils spills: natural; marine transportation; offshore oil production; atmospheric sources; municipal industrial wastes and runoff. Other topics include: the fate of the spilled oil; the effects of the oil; the response to oil spills; and prevention of oil spills. 30 refs., 1 fig., 4 tabs

  17. 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.

  18. 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

  19. NATURE AND CLASSIFICATION ASPECTS OF LOCAL BUDGET REVENUES

    Directory of Open Access Journals (Sweden)

    Oksana Vinnytska

    2015-11-01

    Full Text Available The purpose of the article is to determine the essential characteristics of local budgets and justify their classification aspects. Methodology. In the course of writing used general scientific and special methods of knowledge: dialectical and systemic-functional – to summarize the theoretical concepts of income of local budgets; analysis and synthesis – to detail the subject of research and study its components; logic synthesis – to justify approaches and proposals for the formulation of local budgets. Results. Proved that today there is no single view on the interpretation of economic categories “revenues of local budgets.” A refined concept of “local budget revenues” from the standpoint of material content, form, organizational structure and nature of local budgets. Local budget revenues determined as part of the financial resources of society, which is accumulated by local authorities to enforce their tasks and functions to implement current and future challenges of social infrastructure in the regions. Proved that the revenues of local budgets are derived from their own, and assigned to the established order of state taxes, fees and other mandatory payments. The main feature of their own revenues is the direct subordination of local government. The main feature is the fixed income long-term nature of their attachment to the appropriate budget. Value/originality. Proved that the presence in the economic literature of different classification criteria of local budget on various grounds provides multi classification that reflects all the features of the formation, use and functional differences revenues of local budgets. This approach provides the basis for improving the functioning of the theoretical foundations of the budget process in Ukraine at the level of local authorities.

  20. 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 ...