Energy Sector Quotes

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Because one of the greatest misconceptions in the climate debate is that our society is refusing to change, protecting a status quo called “business-as-usual.” The truth is that there is no business-as-usual. The energy sector is changing dramatically all the time—but the vast majority of those changes are taking us in precisely the wrong direction, toward energy sources with even higher planet-warming emissions than their conventional versions.
Naomi Klein (This Changes Everything: Capitalism vs. The Climate)
1. Mistargeting by setting objectives that are too low and don't allow for enough correct motivation. 2. Severely underestimating what it will take in terms of actions, resources, money, and energy to accomplish the target. 3. Spending too much time competing and not enough time dominating their sector. 4. Underestimating the amount of adversity they will need to overcome in order to actually attain their desired goal.
Grant Cardone (The 10X Rule: The Only Difference Between Success and Failure)
Most of us generate more planet-warming emissions from eating than we do from driving or flying. Food production now accounts for about a fifth of total greenhouse gas emissions annually, which means that agriculture contributes more than any other sector, including energy and transportation, to climate change.
Amanda Little (The Fate of Food: What We'll Eat in a Bigger, Hotter, Smarter World)
Fracking—to take one example—was not the brainchild of private-sector research but the fruit of research paid for twenty years ago by the DOE. Yet fracking has collapsed the price of oil and gas and led to American energy independence. Solar and wind technologies are another example. The
Michael Lewis (The Fifth Risk: Undoing Democracy)
The winning candidate, now the president elect, calls for rapid increase in use of fossil fuels, including coal; dismantling of regulations; rejection of help to developing countries that are seeking to move to sustainable energy; and in general, racing to the cliff as fast as possible. Trump has already taken steps to dismantle the Environmental Protection Agency (EPA) by placing in charge of the EPA transition a notorious (and proud) climate change denier, Myron Ebell. Trump's top adviser on energy, billionaire oil executive Harold Hamm, announced his expectations, which were predictable: dismantling regulations, tax cuts for the industry (and the wealthy and corporate sector generally), more fossil fuel production, lifting Obama's temporary block on the Dakota Access pipeline. The market reacted quickly. Shares in energy corporations boomed, including the world's largest coal miner, Peabody Energy, which had filed for bankruptcy, but after Trump's victory, registered a 50 percent gain.
Noam Chomsky
…calculated that if you hired workers at the market rate to do all the unpaid work women do, unpaid work would be the biggest sector of the global economy. … As Waring wrote, “Men won’t easily give up a system in which half the world’s population works for next to nothing,” especially as men recognize that “precisely because that half works for so little, it may have no energy left to fight for anything else.
Melinda French Gates (The Moment of Lift: How Empowering Women Changes the World)
By the beginning of the 1970s, the Soviet Union’s centrally planned economy was failing. It could not produce the goods that people wanted, and what it did produce was shoddy, except for specific sectors, mainly defense. The oil crisis of the 1970s came just in time.
Daniel Yergin (The New Map: Energy, Climate, and the Clash of Nations)
It is unlike the industrial era, when corporations depended on people with a wide range of skills: managers and marketers, engineers and technicians, warehouse workers and salespeople. These jobs were often unionized, at least in the manufacturing and energy sectors, so that upper management was compelled at least to consider diverse views on how the business should operate. In contrast, tech firms are rarely unionized, and none of the largest internet-based firms are.7 Crucially, the tech giants employ relatively few people in proportion to their revenues.
Joel Kotkin (The Coming of Neo-Feudalism: A Warning to the Global Middle Class)
Mussolini envisioned a powerful centralized state directing the institutions of the private sector, forcing their private welfare into line with the national welfare. Isn’t this precisely how progressives view the federal government’s control of banks, finance companies, insurance companies, health care, energy, and education?
Dinesh D'Souza (The Big Lie: Exposing the Nazi Roots of the American Left)
Historically, noted James Manyika, one of the authors of the McKinsey report, companies kept their eyes on competitors “who looked like them, were in their sector and in their geography.” Not anymore. Google started as a search engine and is now also becoming a car company and a home energy management system. Apple is a computer manufacturer that is now the biggest music seller and is also going into the car business, but in the meantime, with Apple Pay, it’s also becoming a bank. Amazon, a retailer, came out of nowhere to steal a march on both IBM and HP in cloud computing. Ten years ago neither company would have listed Amazon as a competitor. But Amazon needed more cloud computing power to run its own business and then decided that cloud computing was a business! And now Amazon is also a Hollywood studio.
Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
After the plates are removed by the silent and swift waiting staff, General Çiller leans forward and says across the table to Güney, ‘What’s this I’m reading in Hürriyet about Strasbourg breaking up the nation?’ ‘It’s not breaking up the nation. It’s a French motion to implement European Regional Directive 8182 which calls for a Kurdish Regional Parliament.’ ‘And that’s not breaking up the nation?’ General Çiller throws up his hands in exasperation. He’s a big, square man, the model of the military, but he moves freely and lightly ‘The French prancing all over the legacy of Atatürk? What do you think, Mr Sarioğlu?’ The trap could not be any more obvious but Ayşe sees Adnan straighten his tie, the code for, Trust me, I know what I’m doing, ‘What I think about the legacy of Atatürk, General? Let it go. I don’t care. The age of Atatürk is over.’ Guests stiffen around the table, breath subtly indrawn; social gasps. This is heresy. People have been shot down in the streets of Istanbul for less. Adnan commands every eye. ‘Atatürk was father of the nation, unquestionably. No Atatürk, no Turkey. But, at some point every child has to leave his father. You have to stand on your own two feet and find out if you’re a man. We’re like kids that go on about how great their dads are; my dad’s the strongest, the best wrestler, the fastest driver, the biggest moustache. And when someone squares up to us, or calls us a name or even looks at us squinty, we run back shouting ‘I’ll get my dad, I’ll get my dad!’ At some point; we have to grow up. If you’ll pardon the expression, the balls have to drop. We talk the talk mighty fine: great nation, proud people, global union of the noble Turkic races, all that stuff. There’s no one like us for talking ourselves up. And then the EU says, All right, prove it. The door’s open, in you come; sit down, be one of us. Move out of the family home; move in with the other guys. Step out from the shadow of the Father of the Nation. ‘And do you know what the European Union shows us about ourselves? We’re all those things we say we are. They weren’t lies, they weren’t boasts. We’re good. We’re big. We’re a powerhouse. We’ve got an economy that goes all the way to the South China Sea. We’ve got energy and ideas and talent - look at the stuff that’s coming out of those tin-shed business parks in the nano sector and the synthetic biology start-ups. Turkish. All Turkish. That’s the legacy of Atatürk. It doesn’t matter if the Kurds have their own Parliament or the French make everyone stand in Taksim Square and apologize to the Armenians. We’re the legacy of Atatürk. Turkey is the people. Atatürk’s done his job. He can crumble into dust now. The kid’s come right. The kid’s come very right. That’s why I believe the EU’s the best thing that’s ever happened to us because it’s finally taught us how to be Turks.’ General Çiller beats a fist on the table, sending the cutlery leaping. ‘By God, by God; that’s a bold thing to say but you’re exactly right.
Ian McDonald (The Dervish House)
Pioneered in Iraq, for-profit relief and reconstruction has already become the new global paradigm, regardless of whether the original destruction occurred from a preemptive war, such as Israel’s 2006 attack on Lebanon, or a hurricane. With resource scarcity and climate change providing a steadily increasing flow of new disasters, responding to emergencies is simply too hot an emerging market to be left to the nonprofits—why should UNICEF rebuild schools when it can be done by Bechtel, one of the largest engineering firms in the U.S.? Why put displaced people from Mississippi in subsidized empty apartments when they can be housed on Carnival cruise ships? Why deploy UN peacekeepers to Darfur when private security companies like Blackwater are looking for new clients? And that is the post-September 11 difference: before, wars and disasters provided opportunities for a narrow sector of the economy—the makers of fighter jets, for instance, or the construction companies that rebuilt bombed-out bridges. The primary economic role of wars, however, was as a means to open new markets that had been sealed off and to generate postwar peacetime booms. Now wars and disaster responses are so fully privatized that they are themselves the new market; there is no need to wait until after the war for the boom—the medium is the message. One distinct advantage of this postmodern approach is that in market terms, it cannot fail. As a market analyst remarked of a particularly good quarter for the earnings of the energy services company Halliburton, “Iraq was better than expected.”31 That was in October 2006, then the most violent month of the war on record, with 3,709 Iraqi civilian casualties.32 Still, few shareholders could fail to be impressed by a war that had generated $20 billion in revenues for this one company.33 Amid the weapons trade, the private soldiers, for-profit reconstruction and the homeland security industry, what has emerged as a result of the Bush administration’s particular brand of post-September 11 shock therapy is a fully articulated new economy. It was built in the Bush era, but it now exists quite apart from any one administration and will remain entrenched until the corporate supremacist ideology that underpins it is identified, isolated and challenged.
Naomi Klein (The Shock Doctrine: The Rise of Disaster Capitalism)
In the field of education, it seems ‘normal’ to run stories about class sizes, teachers’ pay, the country’s performance in international league tables and the right balance between the roles of the private and state sectors. But we would risk seeming distinctly odd, even demented, if we asked whether the curriculum actually made sense; whether it really equipped students with the emotional and psychological resources that are central to the pursuit of good lives. When it comes to housing, the news urges us to worry about how to get construction companies working, how to make purchasing a home easier for first-time buyers and how to balance the claims of nature against those of jobs and businesses. But it doesn’t tend to find time to ask primordial, eccentric-sounding questions like: ‘Why are our cities so ugly?’ In discussions of economics, our energy is channelled towards pondering what the right level of taxation should be and how best to combat inflation. But we are discouraged by mainstream news from posing the more peculiar, outlying questions about the ends of labour, the nature of justice and the proper role of markets. News stories tend to frame issues in such a way as to reduce our will or even capacity to imagine them in profoundly other ways. Through its intimidating power, news numbs. Without anyone particularly rooting for this outcome, more tentative but potentially important private thoughts get crushed.
Alain de Botton (The News: A User's Manual)
Construction finally began that winter, and by early 1974 Syncrude’s Mildred Lake site bustled with 1,500 construction workers. But the deal remained tentative as cost estimates grew beyond the initial $1.5 billion to $2 billion or more and the federal government’s new budget arrived with punitive new taxes for oil and gas exports. Then, in the first week of December, one of the Syncrude partners, Atlantic Richfield, summarily quit the consortium, leaving a 30 percent hole in its financing. A mad scramble ensued in search of a solution. Phone calls pinged back and forth between government officials in Edmonton and Ottawa. Finally, on the morning of February 3, 1975, executives from the Syn-crude partner companies and cabinet ministers from the Alberta, Ontario and federal governments met without fanfare and outside the media’s brightest spotlights at an airport hotel in Winnipeg to negotiate a deal to save the project. Lougheed and Ontario premier Bill Davis both attended, along with their energy ministers. Federal mines minister Donald Macdonald represented Pierre Trudeau’s government, accompanied by Trudeau’s ambitious Treasury Board president, Jean Chrétien. Macdonald and Davis, both Upper Canadian patricians in the classic mould, were put off by Lougheed’s blunt style. By midday, the Albertans were convinced Macdonald would not be willing to compromise enough to reach a deal. Rumours in Lougheed’s camp after the fact had it that over lunch, Chrétien persuaded the mines minister to accept the offer on the table. Two days later, Chrétien rose in the House of Commons to announce that the federal government would be taking a 15 percent equity stake in the Syn-crude project, with Alberta owning 10 percent and Ontario the remaining 5 percent. In the coming years, it would be Lougheed, with his steadfast support and multimillion-dollar investments in SAGD, who would be seen as the Patch’s great public sector champion. But it was Chrétien, “the little guy from Shawinigan,” whose backroom deal-making skills had saved Syncrude
Chris Turner (The Patch: The People, Pipelines, and Politics of the Oil Sands)
Obama is also directing the U.S. government to invest billions of dollars in solar and wind energy. In addition, he is using bailout leverage to compel the Detroit auto companies to build small, “green” cars, even though no one in the government has investigated whether consumers are interested in buying small, “green” cars—the Obama administration just believes they should. All these measures, Obama recognizes, are expensive. The cap and trade legislation is estimated to impose an $850 billion burden on the private sector; together with other related measures, the environmental tab will exceed $1 trillion. This would undoubtedly impose a significant financial burden on an already-stressed economy. These measures are billed as necessary to combat global warming. Yet no one really knows if the globe is warming significantly or not, and no one really knows if human beings are the cause of the warming or not. For years people went along with Al Gore’s claim that “the earth has a fever,” a claim illustrated by misleading images of glaciers disappearing, oceans swelling, famines arising, and skies darkening. Apocalypse now! Now we know that the main body of data that provided the basis for these claims appears to have been faked. The Climategate scandal showed that scientists associated with the Intergovernmental Panel on Climate Change were quite willing to manipulate and even suppress data that did not conform to their ideological commitment to global warming.3 The fakers insist that even if you discount the fakery, the data still show.... But who’s in the mood to listen to them now? Independent scientists who have reviewed the facts say that average global temperatures have risen by around 1.3 degrees Fahrenheit in the past 100 years. Lots of things could have caused that. Besides, if you project further back, the record shows quite a bit of variation: periods of warming, followed by periods of cooling. There was a Medieval Warm Period around 1000 A.D., and a Little Ice Age that occurred several hundred years later. In the past century, the earth warmed slightly from 1900 to 1940, then cooled slightly until the late 1970s, and has resumed warming slightly since then. How about in the past decade or so? Well, if you count from 1998, the earth has cooled in the past dozen years. But the statistic is misleading, since 1998 was an especially hot year. If you count from 1999, the earth has warmed in the intervening period. This statistic is equally misleading, because 1999 was a cool year. This doesn’t mean that temperature change is in the eye of the beholder. It means, in the words of Roy Spencer, former senior scientist for climate studies at NASA, that “all this temperature variability on a wide range of time scales reveals that just about the only thing constant in climate is change.”4
Dinesh D'Souza (The Roots of Obama's Rage)
Performance measure. Throughout this book, the term performance measure refers to an indicator used by management to measure, report, and improve performance. Performance measures are classed as key result indicators, result indicators, performance indicators, or key performance indicators. Critical success factors (CSFs). CSFs are the list of issues or aspects of organizational performance that determine ongoing health, vitality, and wellbeing. Normally there are between five and eight CSFs in any organization. Success factors. A list of 30 or so issues or aspects of organizational performance that management knows are important in order to perform well in any given sector/ industry. Some of these success factors are much more important; these are known as critical success factors. Balanced scorecard. A term first introduced by Kaplan and Norton describing how you need to measure performance in a more holistic way. You need to see an organization’s performance in a number of different perspectives. For the purposes of this book, there are six perspectives in a balanced scorecard (see Exhibit 1.7). Oracles and young guns. In an organization, oracles are those gray-haired individuals who have seen it all before. They are often considered to be slow, ponderous, and, quite frankly, a nuisance by the new management. Often they are retired early or made redundant only to be rehired as contractors at twice their previous salary when management realizes they have lost too much institutional knowledge. Their considered pace is often a reflection that they can see that an exercise is futile because it has failed twice before. The young guns are fearless and precocious leaders of the future who are not afraid to go where angels fear to tread. These staff members have not yet achieved management positions. The mixing of the oracles and young guns during a KPI project benefits both parties and the organization. The young guns learn much and the oracles rediscover their energy being around these live wires. Empowerment. For the purposes of this book, empowerment is an outcome of a process that matches competencies, skills, and motivations with the required level of autonomy and responsibility in the workplace. Senior management team (SMT). The team comprised of the CEO and all direct reports. Better practice. The efficient and effective way management and staff undertake business activities in all key processes: leadership, planning, customers, suppliers, community relations, production and supply of products and services, employee wellbeing, and so forth. Best practice. A commonly misused term, especially because what is best practice for one organization may not be best practice for another, albeit they are in the same sector. Best practice is where better practices, when effectively linked together, lead to sustainable world-class outcomes in quality, customer service, flexibility, timeliness, innovation, cost, and competitiveness. Best-practice organizations commonly use the latest time-saving technologies, always focus on the 80/20, are members of quality management and continuous improvement professional bodies, and utilize benchmarking. Exhibit 1.10 shows the contents of the toolkit used by best-practice organizations to achieve world-class performance. EXHIBIT 1.10 Best-Practice Toolkit Benchmarking. An ongoing, systematic process to search for international better practices, compare against them, and then introduce them, modified where necessary, into your organization. Benchmarking may be focused on products, services, business practices, and processes of recognized leading organizations.
Douglas W. Hubbard (Business Intelligence Sampler: Book Excerpts by Douglas Hubbard, David Parmenter, Wayne Eckerson, Dalton Cervo and Mark Allen, Ed Barrows and Andy Neely)
One of the standing examples of Gujarat strides in solar power is the Charanka Solar Power Generation Park in North Gujarat which was raised in just one year. The park, which is today Asia’s biggest single-point solar generation facility, produces 225 MW of solar power by 22 private producers who have invested Rs 3400 crores in the park. A work force of 5,000 worked on it for 1 year during peak hours everyday. Says D.J. Pandian, Gujarat’s Energy Secretary: ‘Charanka is a shining example of Gujarat’s enterprise and efficiency.’ What is more, the governance in the energy sector is not marked by just goal setting and achieving. It is a reflection of farsightedness of a rare kind that isn’t visible elsewhere in India. It is best demonstrated in its steps to control the depleting water table with an eye on future. In an age in which populism and vote-bank politics are the norm in Indian democracy, the Modi Government has purposely kept the supply of agriculture power to 8 hours though it can afford to give more power with an eye on rural votes, power being surplus now. The reason is simple, the more the power to the farm sector, the greater the exploitation of groundwater by farmers wanting to earn more by producing more. Striking this fine balance between the farmers’ needs and balancing the natural resources is seen as a fine example of precise planning and farsighted governance free of populism. Interestingly, Modi has been able to maintain this balance even in the face of electoral pressures. In 2012, an election year, the Modi Government did allow new bore connections to farmers in 40 banned tehsils but with a rider: those taking new connections would have to adopt drip or sprinkler method of irrigation which consumes less water and therefore less power.
Uday Mahurkar (Centrestage: Inside the Narendra Modi model of governance)
Some of the world’s biggest banks and investor groups have swung behind a pledge to raise $200bn by the end of next year to combat climate change. In a move the UN said was unprecedented, leading insurers, pension funds and banks have joined forces to help channel the money to projects that will help poorer countries deal with the effect of global warming and cut reliance on fossil fuels. The announcement came at the start of a UN climate summit in New York aimed at bolstering momentum for a global agreement to lower planet-warming greenhouse gas emissions due to be signed in Paris at the end of 2015. “Change is in the air,” said UN secretary-general, Ban Ki-moon. “Today’s climate summit has shown an entirely new, co-operative global approach to climate change.” The summit opened with business and government pledges to make cities greener, create a renewable energy “corridor” in Africa and rein in the clearing of forests for palm oil plantations. The private sector’s contributions marked a “major departure” from past climate summits, the UN said, adding in a statement that financial groups “had never previously acted together on climate change at such a large scale”. One obstacle to the Paris agreement is developing countries’ insistence that richer nations must fulfil pledges made nearly five years ago to raise $100bn a year by 2020 for climate action.
Anonymous
Our focus, however, should not be on the differences among our sectors, but rather on supporting and promoting the entire innovation economy — from tech to bio to clean energy to health care and beyond. In fact, in its recent Impact 2020 report, the Massachusetts Biotechnology Council highlighted the interrelationship of these vital sectors working together, combining cutting-edge biomedical research with new information technology tools for capturing and integrating data, conducting sophisticated analytics, and enhancing personal connectivity. Massachusetts is a national and world leader in the growing field of life science information technology.
Anonymous
This is only the beginning of a huge “Copernican revolution” (to borrow a phrase from Matthew Taylor, one of Tony Blair’s advisers) that is putting the user at the center of the public-sector universe. The current centralized state has been shaped by the idea that information is in short supply: It derives its power from the fact that it knows lots of things that ordinary people do not. But information is now one of the world’s most abundant resources: available in huge quantities and accessible to anyone with a computer or a smart phone. As Eric Schmidt, Google’s chairman, and Jared Cohen, who worked for Hillary Clinton, point out in The New Digital Age, this changes the nature of the relationship between individuals and authority. The top-down state may become more like a network that can mobilize the energies and abilities of thousands or even millions of well-informed citizens—or “prosumers,” as one cyberguru, Don Tapscott, has called them.
John Micklethwait (The Fourth Revolution: The Global Race to Reinvent the State)
industrial corridors and smart cities. It has to create large cities where 35 to 40 per cent of GDP comes from manufacturing. Land lawsThis government appears to be fairly determined to drive manufacturing, and there's a lot of energy and vibrancy. But there's also an unfinished agenda of the government. For large-scale manufacturing to take off, there are several other things that need to be done. There are certain legacies of the past which need to be corrected. For example, we have one of the worst labour regimes. We need to set that right. An EXIM Bank study says that only Pakistan has worse labour laws than us. In the past six months, certain labour reforms have been carried out. The expectations are so high that we need big-ticket reforms. The last government had messed up badly on land laws. When I talk about land acquisition laws, I am not talking about not giving a higher price to the farmer but the present act is anti-farmer because it is full of procedures and processes which never allow farmer to monetize the land value. It will work against his interest. Everything is at a standstill. The government needs to quickly reverse this whole process. Also, the government needs to roll out the goods and services tax (GST) and resolve problems plaguing the energy sector. In
Anonymous
research in Canada has found that an investment of $1.3 billion (the amount the Canadian government spends on subsidies to oil and gas companies) could create seventeen to twenty thousand jobs in renewable energy, public transit, or energy efficiency—six to eight times as many jobs as that money generates in the oil and gas sector.
Naomi Klein (This Changes Everything: Capitalism vs. The Climate)
The following is the basic series of mistakes people make when setting out to achieve goals: 1. Mistargeting by setting objectives that are too low and don't allow for enough correct motivation. 2. Severely underestimating what it will take in terms of actions, resources, money, and energy to accomplish the target. 3. Spending too much time competing and not enough time dominating their sector. 4. Underestimating the amount of adversity they will need to overcome in order to actually attain their desired goal.
Grant Cardone (The 10X Rule: The Only Difference Between Success and Failure)
Day in and day out, the average American family uses an amount of energy equivalent to the work that 3,000 laborers and 400 draft horses would have provided on a large farm 200 years ago. Most of that energy comes from resources that exist in limited amounts. The energy from those resources usually undergoes one to several transformations before it can be used. The kinds of energy resources that people use vary considerably from region to region and within different economic sectors. In the future, patterns of energy use will depend heavily on the relative supply of different energy sources. They will also depend on the environmental impacts associated with the extraction, conversion, delivery, and consumption of these
Norm Christensen (The Environment and You)
In Isaiah 9:2 and Matthew 4;16, we are told that in the birth of Jesus, "the people walking in darkness have seen a great light; on those living in the land of the shadow of death a light has dawned." But, you may say, if Jesus is the light of the world, why when he came into the world did he not do something about the suffering and darkness? Children still die premature and horrible deaths. The poor are still downtrodden. Young fathers still die in accidents, leaving widows and orphans to fend for themselves. There are still wars and rumours of wars. Why didn't he stop it all? But what if when Jesus came to earth he had not died young but had come to put down injustice and end evil? What would the result have been for us? Remember Tolkien's dictum: "Always after a defeat and a respite...evil takes another shape and grows again." He's right. Consider the scientific and technological advances that have brought untold benefits in health care and communication. The communication revolution has even been credited with bringing down the Iron Curtain and ending the Cold War. Yet many well-informed people now are afraid that terrorists will use that technology to bring down whole sectors of the electronic grid and wipe out trillions in wealth and bring on a world-wide depression. Nuclear energy is also a great source of power when harnessed properly, yet we know the likelihood of nuclear proliferation and nuclear terrorism. When a new development pushes back evil in one form, evil always finds a way to use that development to bring itself home to us in new shapes and forms. Why? It is because the evil and darkness of this world comes to a great degree from within us. Martin Luther taught that human nature is curved in on itself. We are so instinctively and profoundly self-centered that we don't believe we are. And this curved-in-ness is a source of a vast amount of the suffering and evil we experience, from the violence and genocides in the headlines down to the reason your marriage is so painful.
Timothy J. Keller
The remaining part of the first description consist of low-energy open strings moving on the three-branes. We recall from Chapter 4 that low-energy strings are well described by point particle quantum field theory, and that is the case here. The particular kind of quantum field theory involves a number of sophisticated mathematical ingredients (and it has an ungainly characterization: conformally invariant supersymmetric quantum gauge field theory), but two vital characteristics are readily understood. The absence of closed strings ensures the absence of the gravitational field. And, because the strings can move only on the tightly sandwiched three-dimensional branes, the quantum field theory lives in three spatial dimensions (in addition to the one dimension of time, for a total of four spacetime dimensions). The remaining part of the second description consists of closed strings, executing any vibrational pattern, as long as they are close enough to the black branes' event horizon to appear lethargic-that is, to appear to have low energy. Such strings, although limited in how far they stray from the black stack, still vibrate and move through nine dimensions of space (in addition to one dimension of time, for a total of ten spacetime dimensions). And because this sector is built from closed strings, it contains the force of gravity. However different the two perspectives might seem, they're describing one and the same physical situation, so they must agree. This leads to a thoroughly bizarre conclusion. A particular nongravitational, point particle quantum field theory in four spacetime dimensions (the first perspective) describes the same physics as strings, including gravity, moving through a particular swath of ten spacetime dimensions (the second perspective). This would seem as far-fetched as claiming...Well, honestly, I've tried, and I can't come up with any two things int he real world more dissimilar than these two theories. But Maldacena followed the math, in the manner we've outlined, and ran smack into this conclusion. The sheer strangeness of the result-and the audacity of the claim-isn't lessened by the fact that it takes but a moment to place it within the line of thought developed earlier in this chapter. As schematically illustrated in Figure 9.5, the gravity of the black brane slab imparts a curved shape to the ten-dimensional spacetime swath in its vicinity (the details are secondary, but the curved spacetime is called anti-de Sitter five-space times the five sphere); the black brane is itself the boundary of this space. And so, Maldacena's result is that string theory within the bulf of this spacetime shape is identical to a quantum field theory living on its boundary. This is holography come to life.
Brian Greene (The Hidden Reality: Parallel Universes and the Deep Laws of the Cosmos)
The main power of divestment is not that it financially harms Shell and Chevron in the short term but that it erodes the social license of fossil fuel companies and builds pressure on politicians to introduce across-the-board emission reductions. That pressure, in turn, increases suspicions in the investment community that fossil fuel stocks are overvalued. The benefit of an accompanying reinvestment strategy, or a visionary investment strategy from the start, is that it has the potential to turn the screws on the industry much tighter, strengthening the renewable energy sector so that it is better able to compete directly with fossil fuels, while bolstering the frontline land defenders who need to be able to offer real economic alternatives to their communities.
Naomi Klein (This Changes Everything: Capitalism vs. The Climate)
For too long, people have acted as if the private sector were the primary driver of innovation and value creation and therefore were entitled to the resulting profits. But this is simply not true. Pharmaceutical drugs, the Internet, nanotechnology, nuclear power, renewable energy—all were developed with an enormous amount of government investment and risk taking, on the backs of countless workers, and thanks to public infrastructure and institutions.
Mariana Mazzucato
Between the end of the Great Recession, in June 2009, and 2019, net fixed investment in the oil and gas extraction sector represented more than two-thirds of total U.S. net industrial investment. In another measure, between 2009 and 2019, the increases in oil and gas have accounted for 40 percent of the cumulative growth in U.S. industrial production.
Daniel Yergin (The New Map: Energy, Climate, and the Clash of Nations)
Another example of how blitzscaling applies to a completely different type of business is the rapid rise of the shale oil and natural gas industry in the United States during the 2000s. The energy sector scores well on the growth factors we’ve defined. Oil and gas is an enormous, high-margin industry, with a very efficient distribution system. And while the shale industry doesn’t feature many network effects, it has its own source of powerful long-term competitive advantage. In the energy industry, rather than buy land outright, the usual practice is to lease the drilling rights for ninety-nine years for a combination of guaranteed lease payments and royalties. This means that leasing the right land is tantamount to holding an unbreakable monopoly on the oil and gas underneath that land,
Reid Hoffman (Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies)
A megatrend is a large social, economic, political, environmental, or technological change highly likely to have major impact across a wide range of areas. Megatrends will affect your company, your customers, your competition—as well as your family, your neighbors, and your community. Examples of megatrends include the rise of alternative energy sources, which are expected to meet 8 percent of the world’s dramatically increasing energy needs by 2030 versus 6 percent of a smaller base in 2010, driven largely by wind and solar,5 the rise of rapidly developing markets like Brazil and China, and increasing connectivity through the Internet and mobile technology. Megatrends are not fads. In spite of what she may think, Lady Gaga does not qualify as a megatrend; however, the rising tendency of consumers to purchase music and many other forms of entertainment from the Internet does. Broad economic shifts, whether long recessions, labor shortages, or the rise or fall of different industries or sectors of the economy,
Luc de Brabandere (Thinking in New Boxes: A New Paradigm for Business Creativity)
The DOE has a program to provide low-interest loans to companies to encourage risky corporate innovation in alternative energy and energy efficiency. The program became infamous when one of its borrowers, the solar energy company Solyndra, was unable to repay its loan, but, as a whole, since its inception in 2009, the program has turned a profit. And it has been demonstrably effective: it lent money to Tesla to build its factory in Fremont, California, when the private sector would not, for instance. Every Tesla you see on the road came from a facility financed by the DOE.
Michael Lewis (The Fifth Risk)
Most of us generate more planet-warming emissions from eating than we do from driving or flying. Food production now accounts for about a fifth of total greenhouse gas emissions annually, which means that agriculture contributes more than any other sector, including energy and transportation, to climate change.
Amanda Little (The Fate of Food: What We'll Eat in a Bigger, Hotter, Smarter World)
Research and development conducted by private companies in the United States has grown enormously over the past four decades. We have substantially replaced the publicly funded science that drove our growth after World War II with private research efforts. Such private R&D has shown some impressive results, including high average returns for the corporate sector. However, despite their enormous impact, these private R&D investments are much too small from a broader perspective. This is not a criticism of any individuals; rather, it is simply a feature of the system. Private companies do not capture the spillovers that their R&D efforts create for other corporations, so private sector executives in established firms underinvest in invention. The venture capital industry, which provides admirable support to some start-ups, is focused on fast-impact industries, such as information technology, and not generally on longer-run and capital-intensive investments like clean energy or new cell and gene therapies. Leading entrepreneur-philanthropists get this. In recent years, there have been impressive investments in science funded by publicly minded individuals, including Eric Schmidt, Elon Musk, Paul Allen, Bill and Melinda Gates, Mark Zuckerberg, Michael Bloomberg, Jon Meade Huntsman Sr., Eli and Edythe Broad, David H. Koch, Laurene Powell Jobs, and others (including numerous private foundations). The good news is that these people, with a wide variety of political views on other matters, share the assessment that science—including basic research—is of fundamental importance for the future of the United States. The less good news is that even the wealthiest people on the planet can barely move the needle relative to what the United States previously invested in science. America is, roughly speaking, a $20 trillion economy; 2 percent of our GDP is nearly $400 billion per year. Even the richest person in the world has a total stock of wealth of only around $100 billion—a mark broken in early 2018 by Jeff Bezos of Amazon, with Bill Gates and Warren Buffett in close pursuit. If the richest Americans put much of their wealth immediately into science, it would have some impact for a few years, but over the longer run, this would hardly move the needle. Publicly funded investment in research and development is the only “approach that could potentially return us to the days when technology-led growth lifted all boats. However, we should be careful. Private failure is not enough to justify government intervention. Just because the private sector is underinvesting does not necessarily imply that the government will make the right investments.
Jonathan Gruber (Jump-Starting America Jump-Starting America: How Breakthrough Science Can Revive Economic Growth and the How Breakthrough Science Can Revive Economic Growth and the American Dream American Dream)
I am careful with industrial, basic materials, and energy companies because most of the companies in these sectors are highly price-sensitive and cyclical. Many of these companies compete to be the lowest-cost producer and price, therefore, becomes the biggest factor that drives performance.
Giovanni Rigters (Smart Investors Keep It Simple: Investing in dividend stocks for passive income)
the creation of economic value is a collective process. Businesses do not create wealth on their own. No business today can operate without the fundamental services provided by the state: schools and higher education institutions, health and social care services, housing provision, social security, policing and defence, the core infrastructures of transport, energy, water and waste systems. These services, the level of resources allocated to them and the type of investments made in them, are crucial to the productivity of private enterprises. The private sector does not ‘create wealth’ while taxpayer-funded public services ‘consume’ it. The state does not simply ‘regulate’ private economic activity. Rather, economic output is co-produced by the interaction of public and private actors—and both are shaped by, and in turn help to shape, wider social and environmental conditions.
Michael Jacobs (Rethinking Capitalism: Economics and Policy for Sustainable and Inclusive Growth (Political Quarterly Monograph Series))
Look at the way that Obama greatly increased government control not only over healthcare—every hospital, every doctor, every health insurance company—but also over the financial sector—every bank, every investment house—and increasingly over the energy, automobile and education sectors as well.
Dinesh D'Souza (Death of a Nation: Plantation Politics and the Making of the Democratic Party)
Various energy strategies, targets and the majority of the policies aiming at decreasing investment costs can be used to trigger the deployment of renewables in all sectors
Manfred Hafner (The Geopolitics of the Global Energy Transition (Lecture Notes in Energy Book 73))
The private sector is ill suited to provide most of these services (subways, streetcars, light rail systems, energy efficient affordable housing along transit lines, smart electrical grids carrying renewable energy, research efforts to ensure we are using the best methods possible) because they require large up-front investments, and if they are to be genuinely accessible to all, some very well may not be profitable. They are, however, decidedly in the public interest, which is why they should come from the public sector.
Naomi Klein (On Fire: The Case for the Green New Deal)
Sheikh Zayed al Nahyan, who had ruled Abu Dhabi beginning in 1966 and was the founder of the United Arab Emirates in 1971, would warn that the emirate could not always depend on oil. With that in mind, he had established ADIA—the Abu Dhabi Investment Authority—considered today the second largest sovereign wealth fund in the world, with assets publicly estimated at over $800 billion. His son, Mohammed bin Zayed, became crown prince in 2004. He catalyzed the drive to broaden the economy. “In 50 years, when we might have the last barrel of oil,” he said, “when it is shipped abroad, will we be sad? If we are investing today in the right sectors, I can tell you we will celebrate.” One initiative was Mubadala, a second sovereign wealth fund, with about $230 billion under management, which tilts toward building and investing in companies both in Abu Dhabi and internationally.
Daniel Yergin (The New Map: Energy, Climate, and the Clash of Nations)
two-tiered labor force. For every two Saudis, totaling about twenty million, there is one foreigner, adding up to about ten million, in the country. But the ratios are reversed when it comes to the workforce. About four and a half million Saudis are employed—70 percent by the government. By contrast, there are twice that many foreigners, over eight million, most of them less well paid, working in the private sector.
Daniel Yergin (The New Map: Energy, Climate, and the Clash of Nations)
For the entire EU, natural gas comprises about 25 percent of energy consumption. That means that Russian gas, at about 35 percent of total gas consumption, provides 9 percent of Europe’s overall energy. After Russia, the next largest source of gas is “indigenous” or “domestic supplies,” largely from the Groningen field in the Netherlands and the British sector of the North Sea. Norway, though not a member of the EU, is highly integrated with it economically, and supplies 24 percent of the EU’s gas; about 9 percent comes from North Africa, mainly Algeria.
Daniel Yergin (The New Map: Energy, Climate, and the Clash of Nations)
I read about it in Buck Up, Suck Up . . . and Come Back When You Foul Up: 12 Winning Secrets from the War Room, written by James Carville and Paul Begala, the political strategists behind Bill Clinton’s presidential campaign “war room.” Here’s the excerpt that stuck with me: Newt Gingrich is one of the most successful political leaders of our time. Yes, we disagreed with virtually everything he did, but this is a book about strategy, not ideology. And we’ve got to give Newt his due. His strategic ability—his relentless focus on capturing the House of Representatives for the Republicans—led to one of the biggest political landslides in American history. Now that he’s in the private sector, Newt uses a brilliant illustration to explain the need to focus on the big things and let the little stuff slide: the analogy of the field mice and the antelope. A lion is fully capable of capturing, killing, and eating a field mouse. But it turns out that the energy required to do so exceeds the caloric content of the mouse itself. So a lion that spent its day hunting and eating field mice would slowly starve to death. A lion can’t live on field mice. A lion needs antelope. Antelope are big animals. They take more speed and strength to capture and kill, and once killed, they provide a feast for the lion and her pride. A lion can live a long and happy life on a diet of antelope. The distinction is important. Are you spending all your time and exhausting all your energy catching field mice? In the short term it might give you a nice, rewarding feeling. But in the long run you’re going to die. So ask yourself at the end of the day, “Did I spend today chasing mice or hunting antelope?” Another way I often approach this is to look at my to-do list and ask: “Which one of these, if done, would render all the rest either easier or completely irrelevant?
Timothy Ferriss (Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers)
So what did Mussolini do? He founded, as he put it, the only genuinely socialist government in the world, with the possible exception of the Soviet Union.35 Mussolini attempted to put into effect what he termed the “true socialism” that he said “plutocratic elements and sections of the clergy” had prevented him from implementing in Italy. At Salo, Mussolini outlined a socialist program that went beyond anything he attempted in Italy. The new program of November 1943 called for the state to take over all the critical sections of the economy—energy, raw materials, all necessary social services—leaving only private savings and private homes and assets in the hands of the citizens. The public sector was to be run by management committees in which workers would have a key role. Unions would also be part of the fascist governing assembly. The next step, declared Mussolini’s adviser Ugo Spirito, would be to abolish all private property. Interestingly Mussolini’s closest adviser in Salo was Nicola Bombacci, once a friend and disciple of Lenin who had in 1921 been a co-founder of the Italian Communist Party. Mussolini’s Salo period, although short-lived, proves that he never abandoned his original leftist ideals; he remained to the last a dedicated statist, collectivist, and socialist.
Dinesh D'Souza (The Big Lie: Exposing the Nazi Roots of the American Left)
Shaping the fourth industrial revolution to ensure that it is empowering and human-centered, rather than divisive and dehumanizing, is not a task for any single stakeholder or sector or for any one region, industry or culture. The fundamental and global nature of this revolution means it will affect and be influenced by all countries, economies, sectors and people. It is, therefore, critical that we invest attention and energy in multistakeholder cooperation across academic, social, political, national and industry boundaries. These interactions and collaborations are needed to create positive, common and hope-filled narratives, enabling individuals and groups from all parts of the world to participate in, and benefit from, the ongoing transformations.
Klaus Schwab (The Fourth Industrial Revolution)
Newt Gingrich is one of the most successful political leaders of our time. Yes, we disagreed with virtually everything he did, but this is a book about strategy, not ideology. And we’ve got to give Newt his due. His strategic ability—his relentless focus on capturing the House of Representatives for the Republicans—led to one of the biggest political landslides in American history. Now that he’s in the private sector, Newt uses a brilliant illustration to explain the need to focus on the big things and let the little stuff slide: the analogy of the field mice and the antelope. A lion is fully capable of capturing, killing, and eating a field mouse. But it turns out that the energy required to do so exceeds the caloric content of the mouse itself. So a lion that spent its day hunting and eating field mice would slowly starve to death. A lion can’t live on field mice. A lion needs antelope. Antelope are big animals. They take more speed and strength to capture and kill, and once killed, they provide a feast for the lion and her pride. A lion can live a long and happy life on a diet of antelope. The distinction is important. Are you spending all your time and exhausting all your energy catching field mice? In the short term it might give you a nice, rewarding feeling. But in the long run you’re going to die. So ask yourself at the end of the day, “Did I spend today chasing mice or hunting antelope?” Another way I often approach this is to look at my to-do list and ask: “Which one of these, if done, would render all the rest either easier or completely irrelevant?
Timothy Ferriss (Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers)
Another great resource is podcasts, but these generally take time to sift through. I think the best all-around podcast comes from the heavyweights at Andreessen Horowitz (stylized as “a16z”). The a16z podcast has become a true force in understanding any given sector through interviews with thought leaders and great entrepreneurs in their space. I began to develop an interest in the bitcoin blockchain protocol, how it works, and if a blockchain network independent of bitcoin (or any other currency) could really exist in the long-term. Aside from the incredible reporting and research coming out of the CoinDesk news site, there seems to be no better resource than a16z’s interview with the CEO of Chain, Adam Ludwin. In a16z’s “Blockchain vs./ and Bitcoin,” Adam explained what bitcoin is, its limitations, and how blockchain can prosper and create decentralized networks for other financial instruments and stores of value like merchant-issued currency (gift card transfer), airtime on a mobile phone, energy credits on a grid and even tokens for machine-to-machine communication as we enter into the internet-of-things (IoT) and the autonomous vehicle era. The Product Hunt, Rocketship.fm and Accidental Creative podcasts are also not bad places to start.
Bradley Miles (#BreakIntoVC: How to Break Into Venture Capital And Think Like an Investor Whether You're a Student, Entrepreneur or Working Professional (Venture Capital Guidebook Book 1))
Heat for industrial processes accounts for nearly one fifth of global energy use. It’s also the largest contributing factor to CO2 emissions from across the industrial sector.
John Doerr (Speed & Scale: An Action Plan for Solving Our Climate Crisis Now)
Most importantly, there’s a great business case for saving the world. Meeting the UN’s Sustainable Development Goals is a $12 trillion opportunity.8 Renewable energy is now a more than $1.5 trillion business9 and in 2017 generated 26.5 percent of global electricity and accounted for 70 percent of all new power generation capacity.10 Numbers like this make renewables a job creation machine. More than three million Americans now have jobs in the clean energy sector, more than three times the number employed in the fossil fuel industry.11 Increasing the efficiency with which energy is used could create thousands of new firms and millions
Rebecca Henderson (Reimagining Capitalism in a World on Fire)
In business studies, value is understood as being created inside the company by bringing together managerial expertise, strategic thinking and a dynamic (changing with circumstances) division of labour between workers.3 All this ignores the massive role of government in creating value, and taking risk in the process. In The Entrepreneurial State I argued that Silicon Valley itself is an outcome of such high-risk investments by the state, willing to take risks in the early stages of development of high-risk technologies which the private sector usually shies away from.4 This is the case with the investments that led to the internet, where a critical role was played by DARPA, the Defence Advanced Research Projects Agency inside the US Department of Defense – and also by CERN in Europe with its invention of the World Wide Web. Indeed, not only the internet but nearly every other technology that makes our smart products smart was funded by public actors, such as GPS (funded by the US Navy), Siri (also funded by DARPA) and touch-screen display (funded initially by the CIA). It is also true of the high-risk, early-stage investments made in the pharmaceutical industry by public actors like the National Institutes of Health (NIH) – without which most blockbuster drugs would not have been developed. And the renewable energy industry has been greatly aided by investments made by public banks like the European Investment Bank or the KfW in Germany, with private finance often too risk-averse and focused on short-term returns.
Mariana Mazzucato (Mission Economy: A Moonshot Guide to Changing Capitalism)
these states relate to the progressive age of maturation of a human being. Bala here means ‘child’; a planet in Bala Avastha will have a child-like energy to it, and like a child will not be able to exhibit the full potential of its strength. In fact, a planet in Bala Avastha displays only about one-fourth of the strength that would otherwise be predicted for it. Kumara means ‘youth’ and, like a vigorous youth, a planet in Kumara Avastha gives one-half of its results since, though strength is present, the wisdom needed to direct that strength, which is derived from experience, is usually lacking. Yuva, which also means ‘young’, indicates a young adult who has had sufficient experience to gain some of life’s wisdom. A planet in Yuva Avastha gives full results. Vriddha means ‘aged’ and indicates a planet which has entered its senior, retired years; it gives minimal results. Mrita means ‘dead’; relatively speaking, dead planets produce no results, though every planet does in some way or other give some result. Directional Strength TABLE 4.4 Directional Strength and Weakness of the Planets House Planet’s Strength Planet’s Weakness First (East) Mercury-Jupiter Saturn Fourth (North) Moon Venus Sun Mars Seventh (West) Saturn Jupiter Mercury Tenth (South) Sun Mars Moon Venus A horoscope’s tenth house corresponds to the sector of the heavens that is highest in the sky at any particular moment, while the fourth house corresponds to the sector that is underfoot, i.e. opposite the tenth house below the earth.
Hart Defouw (Light On Life: An Introduction to the Astrology of India (Arkana))
the three major sectors (electricity, transportation, and industry) all produce comparable emissions. But they’d be affected very differently by an economy-wide carbon price. For example, coal fueled about one-quarter of US electricity in 2019, and each metric ton of that coal was sold for about $39.7 A carbon price of $40 for each ton of CO2 emitted would effectively double that cost to power plant operators and so be a strong inducement for them to forswear coal. In contrast, that same carbon price would increase the effective price of crude oil by only about 40 percent above $60 per barrel. And if that cost were passed through to the pump, gasoline would increase by only some $0.35 per gallon. Since that’s small compared to how much pump prices have varied historically, consumers wouldn’t have much incentive to move away from gasoline. So reductions in emissions from power (and, as it turns out, heat) are much easier to encourage than reductions from transportation, fundamentally because oil packs a lot more energy per carbon atom than does coal.
Steven E. Koonin (Unsettled: What Climate Science Tells Us, What It Doesn’t, and Why It Matters)
We will continue to concentrate our energies entirely on prescription medicines and in vitro diagnostics, rather than diversify into other sectors like generics and biosimilars, over-the-counter medicines and medical devices.” ■ “With our in-house combination of pharmaceuticals and diagnostics, we are uniquely positioned to deliver personalized healthcare.” ■ “Our distinctiveness rests on four key elements: an exceptionally broad and deep understanding of molecular biology, the seamless integration of our pharmaceuticals and diagnostics capabilities, a diversity of approaches to maximise innovation, and a long-term orientation.” ■ “Our structure is built for innovation. Our autonomous research and development centres and alliances with over 200 external partners foster diversity and agility. Our global geographical scale and reach enables us to bring our diagnostics and medicines quickly to people who need them.
Glenn R Carroll (Making Great Strategy: Arguing for Organizational Advantage)
Still, as time went by, I couldn’t help but fume (sometimes I’d actually picture myself with steam puffing out of my ears, as in a cartoon) at how Solyndra’s failure stood to overshadow the Recovery Act’s remarkable success in galvanizing the renewable energy sector.
Barack Obama (A Promised Land)
One way to give labor more power is to make it easier to organize workers by passing labor law reform bills—the perennial campaign promises of Democratic candidates that go perennially unfulfilled. Another is to direct large-scale government investments into key national sectors—clean energy, manufacturing, education, and caregiving—to create jobs, stimulate innovation, and raise the pay and status of workers. And a third is to form new institutions for worker power that are better suited to a postindustrial economy, as Michael Lind argues in The New Class War: labor representation on corporate boards, collective bargaining by sector rather than company, and wage boards that set minimum terms for low-wage industries like fast food.
George Packer (Last Best Hope: America in Crisis and Renewal)
Either way, in such vital sector related to the global challenge of climate change, collaboration would be more useful than trade wars.
Mahmood H. Shubbak (Forging Ahead: Technology Development & Emerging Economies)
At the sectoral level, basic earnings in finance and energy are twice as high as in catering or agency work. But within companies, too, the difference in pay between the simple case handler and managerial staff has grown. According to an OECD study, income inequality has risen particularly dramatically since the turn of the century.30
Oliver Nachtwey (Germany's Hidden Crisis: Social Decline in the Heart of Europe)
From our experience in the renewable energy sector, we established a sustainable energy solutions strategy to help companies globally to accelerate towards their net zero carbon goals. We concentrate on helping companies in harder to decarbonise sectors like mining, oil and gas, infrastructure, and utilities.
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Weight control Exercise- Fitness Center in Navi mumbai When you are overweight, you have more fat stored up in your body than is necessary or good for you. You become overweight and flabby when you eat more “high-calorie food” than your body can use. Foods such as fats, sugars, starches, etc., supply the energy your body needs for its work. If you eat more high-calorie foods than is required for your daily work the surplus is stored in the form of fat. Fat is stored under the skin and around the internal organs. Everyone has, or should have some fat on his/her body. However excessive fat storage, particularly about vital organs, impairs physical efficiency and health. Fat makes the heart work harder since each extra pound of body fat requires about one quarter of a mile of blood vessels. It is obvious, therefore, that you cannot acquire the highest level of physical efficiency when you are overweight. The accumulation of fat on your body can be prevented or reduced by eating less high-calorie & high in nutrients foods &/or increasing your physical activity. It is better still to combine these two by cutting down on high-calorie foods and increasing your physical activity by regular, frequent exercise. Contact Sunrise Nutrition Hub 9820055036 Email: indar.rajani@gmail.com Address: Shop No 1&2, Bayview, Near Fortis Hospital, Opp Swamnarayan Kendra, Sector 10'A, Vashi, - 400703
Sunrise nutrition hub
To reform the financial system, or the energy sector, you wouldn’t invent a meme, or gather a group of executives to journal their feelings; you would regulate companies, sue them, or otherwise alter their financial incentives.
Andrew Marantz
Most of us generate more planet-warming emissions from eating than we do from driving or flying. Food production now accounts for about a fifth of total greenhouse gas emissions annually, which means agriculture contributes more than any other sector, including energy and transportation to climate change
Amanda Little (The Fate of Food: What We'll Eat in a Bigger, Hotter, Smarter World)
Because both nuclear and fossil plants are widely used in today’s power sector, building them into the future electricity mix would be least disruptive to the status quo.
Varun Sivaram (Taming the Sun: Innovations to Harness Solar Energy and Power the Planet (Mit Press))
Transportation Sector The transportation sector is a close second to industry in terms of energy use. While air travel gets a bad rap, it is transport on highways that by far dominates this sector’s energy use, using more than 10 times the energy of air travel. Of this highway energy, about 75% is expended by small vehicles, the passenger cars and trucks used to move ourselves around. Amazingly, almost half of this is used on trips of less than 20 miles, mostly to get to and from work and for family responsibilities—things like church, shopping, and school. Of non-highway transport, air travel is the largest contributor, followed by ships and then trains. Incidentally, a fully loaded modern jet aircraft gets the equivalent of around 60 miles per gallon (MPG) per passenger, so for traveling long distances, they beat solo road trips in cars (but if you take four friends with you, even a gas-guzzling American car is not so bad—something hyped by the ride-share community). We can even see that the energy required to transport fossil fuels is significant, with about 1% of US energy use committed to transporting natural gas (we’ll come back to this later). Nearly half of freight-rail transportation is used to move coal—most of the other half is wheat and food. A not-so-surprising revelation from a close study
Saul Griffith (Electrify: An Optimist's Playbook for Our Clean Energy Future)
Elevate Your Energy Investments! Discover the Power of Fractional Ownership vs. Stock Volatility. Energia's Insights: Secure Your Financial Future in the Energy Sector! Energy investments, unlike traditional real estate projects, often offer a unique front-loaded cash return profile. The majority of cash flow in energy projects is typically projected to occur in the early years due to the depleting nature of these assets. This distinctive feature sets energy investing apart, emphasizing the importance of understanding the dynamics of expected cash flows and the associated risks.
Understanding and Determining Net Asset Value
Over the last two decades, unconventional oil and natural gas wells have emerged as the dominant source of energy production in the United States. Despite the complexity of drilling these wells and forecasting production volumes, investors in such assets can take advantage of several mathematical principles to reduce the risk in their portfolios. This article dives into the practical application of the Central Limit Theorem and Law of Large Numbers within the energy sector and explores how the characteristics of unconventional reservoirs and diversified assets can work together to reduce production volatility for investors.
Oil & Gas Moneyball: Why Statistical Independence is Beneficial
of climate change. What was needed was a massive nudge in the right direction. In the past, the stick of regulation and the rod of taxation were the methods that environmentalists believed could break the fossil fuel economy. But the Inflation Reduction Act doesn’t rely on such punitive tactics, because Manchin culled them from the bill. Instead, it imagined that the United States could become the global leader of a booming climate economy, if the government provided tax credits and subsidies, a lucrative set of incentives. There was a cost associated with the bill. By the Congressional Budget Office’s score, it offered $386 billion in tax credits to encourage the production of wind turbines, solar panels, geothermal plants, and battery storage. Tax credits would reduce the cost of electric vehicles so that they would become the car of choice for Middle America. But $386 billion was an estimate, not a price tag, since the legislation didn’t cap the amount of money available in tax credits. If utilities wanted to build more wind turbines or if demand for electric vehicles surged, the government would keep spending. When Credit Suisse studied the program, it estimated that so many businesses and consumers will avail themselves of the tax credits that the government could spend nearly $800 billion. If Credit Suisse is correct, then the tax credits will unleash $1.7 trillion in private sector spending on green technologies. Within six years, solar and wind energy produced by the US will be the cheapest in the world. Alternative energies will cross a threshold: it will become financially irresponsible not to use them. Even though Joe Biden played a negligible role in the final negotiations, the Inflation Reduction Act exudes his preferences. He romanticizes the idea of factories building stuff. It is a vision of the Goliath of American manufacturing, seemingly moribund, sprung back to life. At the same time that the legislation helps to stall climate change, it allows the United States to dominate the industries of the future. This was a bill that, in the end, climate activists and a broad swath of industry could love. Indeed, strikingly few business lobbies, other than finance and pharma, tried to stymie the bill in its final stages. It was a far cry from the death struggles over energy legislation in the Clinton and Obama administrations, when industry scuppered transformational legislation. The Inflation Reduction Act will allow the United States to prevent its own decline. And not just economic decline. Without such a meaningful program, the United States would have had no standing to prod other countries to respond more aggressively to climate change. It would have been a marginal player in shaping the response to the planet’s greatest challenge. The bill was an investment in moral authority.
Franklin Foer (The Last Politician: Inside Joe Biden's White House and the Struggle for America's Future)
Which company is best for using construction Project work? The Shree Siva Balaaji Steels project is a significant endeavor that encompasses the establishment and operation of a modern and advanced steel manufacturing facility. This project represents a fusion of innovation, cutting-edge technology, and industrial expertise, aimed at delivering high-quality steel products to meet the growing demands of various sectors. Key Features: State-of-the-Art Manufacturing Plant: The project involves the construction and operation of a state-of-the-art manufacturing plant equipped with the latest machinery, automation systems, and environmentally friendly processes. This allows for efficient production and reduced environmental impact. Diverse Product Range: Shree Siva Balaaji Steels aims to offer a diverse range of steel products to cater to different industries such as construction, automotive, infrastructure, and manufacturing. This versatility enables the company to meet the varying needs of clients and partners. Quality Assurance: A cornerstone of the project is its commitment to delivering high-quality steel products. The facility adheres to strict quality control measures and follows international standards to ensure that the end products are durable, reliable, and meet or exceed industry specifications. Sustainability Focus: The project places a strong emphasis on sustainability and environmentally conscious practices. Energy-efficient processes, recycling initiatives, and waste reduction strategies are integrated into the manufacturing process to minimize the ecological footprint. Employment Opportunities: Shree Siva Balaaji Steels contributes to local economies by creating employment opportunities across various skill levels, from skilled labor to technical experts. This helps stimulate economic growth in the region surrounding the manufacturing facility. Collaboration and Partnerships: The project fosters collaborations with suppliers, distributors, and clients, establishing strong relationships within the steel industry. This network facilitates efficient supply chain management and enables the company to provide tailored solutions to its customers. Innovation and Research: The project invests in research and development to constantly improve manufacturing processes, product quality, and the development of new steel products. This dedication to innovation positions the company at the forefront of the steel industry. Community Engagement: Shree Siva Balaaji Steels is committed to engaging with local communities and implementing corporate social responsibility initiatives. These efforts include supporting education, healthcare, and other community-centric projects, fostering goodwill and positive impact. Vision: The Shree Siva Balaaji Steels project envisions becoming a leading name in the steel manufacturing sector, renowned for its exceptional quality, technological innovation, and sustainability practices. By adhering to its core values of integrity, excellence, and environmental responsibility, the project strives to contribute positively to the industry and the communities it operates within.
shree sivabalaaji steels
Finally, any successful culture building effort focused on the ecosystem economy needs to promote long-term thinking. Rather than concentrating their energies on meeting narrow targets in the immediate future in order to impress their bosses and advance their own career prospects, employees should be focused on creating something sustainable—something that contributes value for everyone involved. This is particularly important in the context of ecosystems since, as we previously explained, building an ecosystem requires adjusting your expectations in the short term. You may have to sacrifice in the immediate future in order to lay the foundation for a successful ecosystem business later on.
Venkat Atluri (The Ecosystem Economy: How to Lead in the New Age of Sectors Without Borders)
The energy required to perform a hundred or so Google searches, a number I easily surpass in a working week, would heat the water needed to make a cup of tea. According to Google’s own data, their electricity consumption in 2018 was just over 10 million megawatt hours, which is about the same as a small country like Lithuania. Data centers worldwide use about 1 percent of global electricity. Information and communication technologies contribute to more than 2 percent of the world’s carbon emissions, which is roughly the same as that of the aviation industry. Some studies expect this sector to use 20 percent of the world’s electricity by 2030.
Paul Sen (Einstein's Fridge: How the Difference Between Hot and Cold Explains the Universe)
which releases 600 million tons of CO2 equivalent into the air every year.25 In addition to the direct harms of our current system is the lost opportunity to provide the economic and ecosystem benefits of innovations in agriculture, including regenerative agriculture, forests on farms, silvopasture (raising animals among orchards to increase soil fertility and reduce need for water and fertilizer), etc. The benefits of these innovations in agriculture (see Part 5) have been estimated to be twice as big as the harms from our current agricultural model. The media, governments, and even the Paris climate agreement focus almost entirely on the energy sector, not agriculture. The Paris Agreement didn’t even mention that the food system itself is a bigger cause of climate change than the energy sector. Our agricultural system is both
Mark Hyman (Food Fix: How to Save Our Health, Our Economy, Our Communities and Our Planet – One Bite at a Time)
Even accepting that EVs and solar panels are or will one day be more energy-efficient than coal- and gas-burning technologies, the bigger question is how fast we attempt to transition. For renewables to provide a majority of our power, we would have to increase wind and solar twenty-fold. But there are not enough rare earth metals on the planet to build such an energy system and then replace it every couple of decades. Replacing a majority of our coal and gas industries with electric ones would exhaust all of our power and resources at one time, massively increasing emissions and environmental degradation in the short run. It could also increase energy inequality, by diverting power and resources to the rebuilding of the energy sector itself. Transitioning slowly, on the other hand, as things wear out, might not create such stresses, but would take many decades to bring us to zero net emissions. Both approaches result in catastrophe. The
Douglas Rushkoff (Survival of the Richest: Escape Fantasies of the Tech Billionaires)
How to Freelance Could it be said that you are fed up with being a representative encountering the monotonous routine? Assuming that your response is indeed, this present time would be the opportunity to consider outsourcing your experience and abilities. Outsourcing is rapidly turning Into the calling which is carrying specialists into what's in store. Organizations are starting to downsize on costs, including their labor force, and they are going to the outsourcing business sector for help. Assuming you have involvement with any of the above regions, or something else, there is an incredible opportunity that you can embed your skill into the outsourcing industry without any problem. There are an astounding measure of clients out there searching for your abilities and ready to pay great cash to use them please visit here how to freelancing for more details. Freelance composing is an extremely complicated interaction that relies upon, and just on the essayist. While this vocation decision is difficult to get into, it is strikingly simple to transform the composing field and earn substantial sums of money simultaneously. There are three essential things about freelance composing that each essayist, new or not, should be aware or have a grasping of. We check out at them exhaustively here: The when of freelance composition There is no when to freelance composition. A capable essayist can compose whenever of the day or night; one glimmer of motivation and he's up and composing on the pc. However, this is valid just for a couple of essayists. A large number of us compose at explicit times, with the end goal that our innovativeness becomes restricted to those hours as it were. A work at home mother will rise and shine right on time to get in a couple of hours before the children wake up. An undergrad will work in the nights after talks. However, with freelance composition, it's best not to get into a groove to such an extent that your innovativeness endures. The where of freelance composition Here, most essayists have a decision. A few of us need clear walls around us with zero commotion levels to have The option to work capably. Others need a boisterous climate. Others can work anyplace; from the middle of a well of lava emission to a path seat on a cable car in london. You get to choose where you are generally agreeable, and work from that point. The how of freelance composition Once more, there is no how to freelance composition. You should simply sit at your pc or type-essayist, and get moving. Those dealing with a particular task as of now have some thought of what they will compose, while others sit before their clear screens and get their dream together. In the cutting edge world, however, this approach is becoming old, since each essayist worth his time and energy is charging constantly. A typical slip-UP freelancers make is having powerless correspondence with their clients. You should know about this in light of the fact that continually rehashing this error can set you back huge load of cash as long as possible. You should be certain that you impart successfully while getting the task and furthermore during the venture. you want to construct and keep up with trust with your clients. The following mix-up you should know can occur with an extremely normal benefit you can have as a freelancer, how much tasks you can have. You can have many undertakings for yourself as you can deal with. However, you'll have to genuinely check what you can deal with. At long last, let's talk about recurrent business. That is when clients utilize your administrations again and again. At the point when you get you first clients, you might begin imagining that since you got work from them that you'll continue to get work from them. This is an unfortunate mix-up on your part. You believe that should conquer this by keeping up with great terms with your client and staying in contact with them.
amazingtechbangla
LO3 is far from the only player in this space. Another important driver of blockchain ideas for energy is Berlin-based Grid Singularity, which has formed an alliance with the Rocky Mountain Institute, a non-profit renewable energy advocate, to accelerate the commercial deployment of blockchain technology in the energy sector. Grid Singularity focuses on how it can be used to securely read and interpret massive amounts of data from thousands of independent devices to give power system managers granular knowledge of how power is being used so they can best manage local and public grids.
Michael J. Casey (The Truth Machine: The Blockchain and the Future of Everything)
Initially working out of our home in Northern California, with a garage-based lab, I wrote a one page letter introducing myself and what we had and posted it to the CEOs of twenty-two Fortune 500 companies. Within a couple of weeks, we had received seventeen responses, with invitations to meetings and referrals to heads of engineering departments. I met with those CEOs or their deputies and received an enthusiastic response from almost every individual. There was also strong interest from engineers given the task of interfacing with us. However, support from their senior engineering and product development managers was less forthcoming. We learned that many of the big companies we had approached were no longer manufacturers themselves but assemblers of components or were value-added reseller companies, who put their famous names on systems that other original equipment manufacturers (OEMs) had built. That didn't daunt us, though when helpful VPs of engineering at top-of-the-food-chain companies referred us to their suppliers, we found that many had little or no R & D capacity, were unwilling to take a risk on outside ideas, or had no room in their already stripped-down budgets for innovation. Our designs found nowhere to land. It became clear that we needed to build actual products and create an apples-to-apples comparison before we could interest potential manufacturing customers. Where to start? We created a matrix of the product areas that we believed PAX could impact and identified more than five hundred distinct market sectors-with potentially hundreds of thousands of products that we could improve. We had to focus. After analysis that included the size of the addressable market, ease of access, the cost and time it would take to develop working prototypes, the certifications and metrics of the various industries, the need for energy efficiency in the sector, and so on, we prioritized the list to fans, mixers, pumps, and propellers. We began hand-making prototypes as comparisons to existing, leading products. By this time, we were raising working capital from angel investors. It's important to note that this was during the first half of the last decade. The tragedy of September 11, 2001, and ensuing military actions had the world's attention. Clean tech and green tech were just emerging as terms, and energy efficiency was still more of a slogan than a driver for industry. The dot-com boom had busted. We'd researched venture capital firms in the late 1990s and found only seven in the United States investing in mechanical engineering inventions. These tended to be expansion-stage investors that didn't match our phase of development. Still, we were close to the famous Silicon Valley and had a few comical conversations with venture capitalists who said they'd be interested in investing-if we could turn our technology into a website. Instead, every six months or so, we drew up a budget for the following six months. Via a growing network of forward-thinking private investors who could see the looming need for dramatic changes in energy efficiency and the performance results of our prototypes compared to currently marketed products, we funded the next phase of research and business development.
Jay Harman (The Shark's Paintbrush: Biomimicry and How Nature is Inspiring Innovation)
the facts of my native world, I came to understand that my country was a galaxy, and this galaxy stretched from the pandemonium of West Baltimore to the happy hunting grounds of Mr. Belvedere. I obsessed over the distance between that other sector of space and my own. I knew that my portion of the American galaxy, where bodies were enslaved by a tenacious gravity, was black and that the other, liberated portion was not. I knew that some inscrutable energy preserved the breach. I felt, but did not yet understand, the relation between that other world and me. And I felt in this a cosmic injustice, a profound cruelty, which infused an abiding, irrepressible desire to unshackle my body and achieve the velocity of escape.
Ta-Nehisi Coates (Between the World and Me)
A typical Celestine will devote a large proportion of their time to passing through the inscribed sectors of the planet studying the writings, either alone or accompanied by companions with whom to share comments. This is a favourite pastime among them, and as they travel towards the boundaries of the inscribed regions they can watch the ongoing work of those Celestines that have been chosen to record their ideas – tirelessly twisting, pausing to gather energy, then exerting themselves again; painstakingly working the same patch of dust several thousand times over to shape each individual furrow; to capture, symbol by symbol, the knowledge they have contributed to the Celestine corpus. There is great pride and precision, as well as immense labour, in their toil. Before they commence work, the piece of ground that will house the writing will be chosen very carefully for its aspect. Then, the most favourable angle to the light will be calculated, for the orientation of the wording. The language used is of the most poetic and grandiose sort, quite different from the vernacular, and the symbols themselves are embellished with flourishes, extravagances and curlicues that are unique to the creator. Celestines love to observe this work, which constitutes the pinnacle of their art and of their ceaseless thought-endeavours, and embodies their very reason for being.
Luke F.D. Marsden (The Celestines: A Short Story)
I remember being amazed that death could so easily rise up from the nothing of a boyish afternoon, billow up like fog. I knew that West Baltimore, where I lived; that the north side of Philadelphia, where my cousins lived; that the South Side of Chicago, where friends of my father lived, comprised a world apart. Somewhere out there beyond the firmament, past the asteroid belt, there were other worlds where children did not regularly fear for their bodies. I knew this because there was a large television resting in my living room. In the evenings I would sit before this television bearing witness to the dispatches from this other world. There were little white boys with complete collections of football cards, and their only want was a popular girlfriend and their only worry was poison oak. That other world was suburban and endless, organized around pot roasts, blueberry pies, fireworks, ice cream sundaes, immaculate bathrooms, and small toy trucks that were loosed in wooded backyards with streams and glens. Comparing these dispatches with the facts of my native world, I came to understand that my country was a galaxy, and this galaxy stretched from the pandemonium of West Baltimore to the happy hunting grounds of 'Mr. Belvedere.' I obsessed over the distance between that other sector of space and my own. I knew that my portion of the American galaxy, where bodies were enslaved by a tenacious gravity, was black and that the other, liberated portion was not. I knew that some inscrutable energy preserved the breach. I felt, but did not yet understand, the relation between that other world and me. And I felt in this a cosmic injustice, a profound cruelty, which infused an abiding, irrepressible desire to unshackle my body and achieve the velocity of escape.
Ta-Nehisi Coates (Between the World and Me)
When we broaden our view from electricity to the energy sector as a whole, we find ourselves staring at a gaping problem. Liquid, crude oil-derived hydrocarbon fuels like gasoline and diesel are essential to keeping our society and economy running. Almost everything that moves runs on the internal combustion engine, which uses liquid fuels. Whether we want it or not, the choices made decades ago made sure that this will also be the case for many decades to come. We built a world that runs on liquid fuels and is slow and difficult to change to other power sources, such as electric vehicles[15] running on batteries.
Rauli Partanen (Climate Gamble: Is Anti-Nuclear Activism Endangering Our Future? (2017 edition))
Today I address professionals, business leaders and researchers on how they can contribute with innovative ideas to achieve these ten pillars. These are as follows: 1) A nation where the rural and urban divide has reduced to a thin line. 2) A nation where there is equitable distribution and adequate access to energy and quality water. 3) A nation where agriculture, industry and the service sector work together in symphony. 4) A nation where education with value systems is not denied to any meritorious candidates because of societal or economic discrimination. 5) A nation which is the best destination for the most talented scholars, scientists and investors. 6) A nation where the best of healthcare is available to all. 7) A nation where the governance is responsive, transparent and corruption free. 8) A nation where poverty has been totally eradicated, illiteracy removed and crimes against women and children are absent and no one in the society feels alienated. 9) A nation that is prosperous, healthy, secure, peaceful and happy and follows a sustainable growth path. 10) A nation that is one of the best places to live in and is proud of its leadership.
A.P.J. Abdul Kalam (The Righteous Life: The Very Best of A.P.J. Abdul Kalam)
My suggestion is the necessity of a national policy to provide grid independent solar panel houses to these dwellings which can be extended to other 140 million houses gradually. Also the street lights can be provided on community based solar panels in villages, towns and cities. This will bring to India a vibrant solar panel industry right from innovative development, efficiency enhancement, production, distribution, marketing and maintenance of trouble free solar energy system as a business. This integrated business solution will bring down the cost of solar power generation and also distribution loss. The action of creating solar paneled houses and street lights will release nearly 50,000 to 60,000 MW of power for use by various sectors of the economy propelling national growth. It will also be useful for providing low cost electricity to other developing nations in the world.
A.P.J. Abdul Kalam (The Righteous Life: The Very Best of A.P.J. Abdul Kalam)
In 2007, renewable-energy sources provided only 6.5 percent of all the BTUs consumed in America, while fossil fuels provided 85 percent. By 2013, renewables provided 9.5 percent of the total energy, while fossil fuels provided 81.8 percent. (The biggest loser in the energy sector shift was coal, which was displaced by natural gas as a fuel for power plants.) This might seem like a small shift, but in commodities markets, even small changes can have broad ripple effects.
Christopher Leonard (Kochland: The Secret History of Koch Industries and Corporate Power in America)
The examples of Russia and Iran offer a more dismal prospect to the consequences of the loss of petro-power by key states via the advent of digital transformations of the energy world. A declining need for oil might lead to more, not less, geopolitical disorder. One possibility is that oil states that were previously powerful will not be willing to go quietly into the night as their oil power diminishes, but rather will assert themselves in different ways. In the case of Russia and Iran, to date, that assertiveness has included increased exercise of hard power through cyber and military means. Another outcome, perhaps even more troubling, would be if powerful oil producers felt the need to destroy the oil sectors of their rivals, in hopes of ensuring that their own oil assets are not the ones that get stranded.
Amy Myers Jaffe (Energy's Digital Future: Harnessing Innovation for American Resilience and National Security (Center on Global Energy Policy Series))