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Showing posts with the label natural resources

Improving San Diego’s Infrastructure to Reduce Resource Costs

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Infrastructure determines how efficiently we can use resources to encourage economic growth while conserving the environment. Old infrastructure can put pressure on electricity, housing, water, transportation and business development. Ensuring that infrastructure improves as the city grows will help reduce future costs that impact the quality and cost of living locally. Infrastructure influences the amount of fuel, electricity, water, road ways, public transportation and other systems used. It is a basic motherboard that all other things are built upon. The infrastructure will determine which type of structures will be built and how wide versus large a city will become. Proper infrastructure impacts just everything within the city. As an example, consider how a Stanford study on the California drought was determined to be human driven and likely to be a regular visitor ( 1 ). This means that we should expect warmer summers, less rain, and more problems keeping up with na

Call for Papers: International Congress on Economics, Finance and Energy

INTERNATIONAL CONGRESS ON ECONOMICS, FINANCE AND ENERGY June 12 th and 14th 2014 Almaty, Kazakhstan Abstract Deadline : Until February 15, 2014 Central Asian and Caucasian Countries: Regional Development Potentials, Opportunities and Threats Web address: http://icefe.org The main purpose of the EFE'2014 is to analyse energy issues in Central Asian and Caucasian Countries within the scope of economics, finance and policy through the perspectives of developing and changing conditions in the world economy. The Congress offers a unique opportunity to bring together academics and other professionals all around the world in a great platform to deliver the latest innovative research result and the most recent development and trends in economics, finance and energy related to Central Asian and Caucasian Countries. EFE'2014 will include keynote and invited talks, full paper presentations, panels and round table discussion sessions. The EFE'2014 invites research pap

Technological and Labor Skill Advancement Increases Economic Output

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Economic systems have both inputs and outputs. When outputs exceed the total inputs, the system is seen as unsustainable. A paper by Brestschger and Valente (2011) delves into a method of measuring the sustainability of resource rich countries. Even though their focus is on oil producing countries, they do have some broader implications.  Most studies seem to rule out the concept of technological progress and trade gains to determine economic viability. Technology has the ability to lower the cost of transactions and increase overall outputs. Thus, technological advancement can lead directly to an export market and more sustainable system.  Net investment is a concept that focuses on the net increases in all the productive assets of the local economy. Such net investment are measured by adding all of the technology and labor productivity increases and subtracting things like depletion of natural resources. The more information available the more accurate such evaluations

Book Review: Natural Capitalism: The Next Industrial Revolution

Natural Capitalism is a book that focuses on the natural development of the economic system. The work by Paul Hawken, Amory Lovins, and Hunter Lovins discusses the nature of technology and development within the economic system and how this impacts the natural environment. It discusses in great deal the next industrial revolution, economic waste, costs within organizations, food development, financial solutions, and human capitalism. Through the chapters the reader will be brought through painstaking detail the components of economic system and how the circumstances are right for another transformational development. The book makes the theoretical argument that the next industrial revolution will be a natural environment one. At present the economic system focuses heavily on human capacity but will soon be more focused on natural resources and the efficient use of such resources. People could live twice as well on half as much energy and resource waste. The creation of efficient en