Free Essay

Natural Resources

In:

Submitted By caangelbrat
Words 2005
Pages 9
Natural Resources and Energy Paper
9-2012
SCI/256

Natural Resources and Energy Paper
The first national park in the United States was Yellowstone National Park, which was created in 1872. At this time, the concept of a national park was new for people; however, it was a great thing because it allowed the people the ability to preserve and protect the best of what they had for the benefit and enjoyment of all future generations. Yellowstone National Park is located in a rugged region where the states of Idaho, Wyoming, and Montana come together. This rugged region is made up of alpine and sub-alpine forests, as well as, mountains of high elevation. Recognized for its ecological value, Yellowstone national park was designated as a Biosphere Reserve in 1976; a biosphere reserve is an environmental area which is highly sensitive that has protected status, which is managed primarily to preserve natural ecological conditions. This paper on Yellowstone national park will be discussing the impacts associated with agriculture, the effects that a growing human population can have on the resources of an ecosystem, a management practice to help with sustainability, the risks and benefits for extracting renewable and nonrenewable energy resource for the ecosystem, and management practices for sustainability and conservation of natural resources and energy.
The Yellowstone National Park is home to many large animals such as bison, elk, grizzle bear, and wolf. The enactment of legislation designed to protect game resources called upon Yellowstone National Park to supply elk to other ranges that were not suitable for agriculture. Yellowstone National Park is a prime location to use for trapping and restocking purposes because elks are not like cattle and cannot be herded for capture (United States Department of the Interior, 2004). During the winter months is the only time elk be captured because the winter snow drives the elk to lower elevations with limited forage (United States Department of the Interior, 2004).
When the human population grows, it affects the ecosystem’s resources. Science has proven that human population growth has been a part of global warming. At Yellowstone National Park, the population of Blotched Tiger Salamanders (Ambystoma tigrinum melanostictum) has suffered from the effects of global warming (McMenamin & Hadly, 2012). McMenamin and Hadly’s study used “ancient and modern mitochondrial haplotype diversity to model the effective size of this amphibian population through recent geological time and to assess past responses to climatic changes in the region.” (McMenamin & Hadly, 2012, para. ). They used subfossils in northern Yellowstone National Park collected from Cave Lamar to analyze almost 700 “base pairs of mitochondrial sequence” (McMenamin & Hadly, 2012, para. ). Through their simulations they found that” regional mitochondrial diversity has remained relatively constant even through climatic fluctuations of recent millennia”. According to McMenamin, Hadly, and Wright (2008) climate warming causes decrease in effective moisture which in turn causes changes in development and phenology, loss of pond habitat and increased risk of disease which ultimately causes the loss of amphibian populations. In addition, impacts on the environment which include habitat degradation are continuing to be affected by global warming (McMenamin, Hadly, & Wright, 2008). Since the early 1990’s “the number of salamander populations has fallen by nearly half”, “thus, it is crucial that we elucidate the ways in which climatic change and ensuing habitat change already have impacted amphibian species” (McMenamin, Hadly, & Wright, 2008, para. ). If we do nothing to save the habitat of the Blotched Tiger Salamanders we will eventually cause them to die out at Yellowstone National Park because of the pollution we did to cause global warming.
Since its establishment in 1872 as a national park, and now as a biosphere reserve and a World Heritage Site; Yellowstone has been and still remains to be an example of excellence in environmental management. In order to preserve our resources for our current and future generations, Yellowstone national park continues to strive to demonstrate exemplary leadership for sustainability and climate change mitigation by managing operations and adapting facilities in a sustainable manner. Under the Organic Act of 1916, the National Park service was established and directed to promote and regulate the use of the National Parks to conserve the scenery, the natural historic objects, and the wild life and to leave them unimpaired for the enjoyment of future generations. Yellowstone's purpose and significance is rooted in the intent of its enabling legislation, subsequent legislation and current knowledge of its natural, cultural, and scenic resources. Yellowstone preserves geologic wonders including the world's most extraordinary collection of geysers, hot springs and abundant and diverse wildlife, in one of the largest remaining intact temperate ecosystems on earth. Commitment to sustainability is made more important with a changing climate and increasing impacts to natural resources, locally and globally. Recent executive orders and acts require the Federal Government to protect resources through sustainable operations and facility adaptation. The National Park Service Green Parks Plan provides further direction for environmental stewardship, and has led to a firm commitment and support for Yellowstone's continued leadership in Environmental Stewardship (Commitment to Sustainability, 2012).
One type of non-renewable energy resource that is found throughout the Yellowstone National Park, are the hot springs. These hot springs are fueled by magmatic systems found underneath the Earth’s surface, where the hot magma of the volcano lies (National Park Service, 2012). As super-heated water rises to the top, the water is cooled down and drops back down to the bottom of the hot spring. The cold water, when reaching the bottom of the hot spring, is heated up again and rises back up to the surface. Great examples of these hot springs found in the Yellowstone National Park are Morning Glory, Grand Prismatic, Abyss, Emerald, and Sapphire. These hot springs offer thermophillic bacteria, algae mats, predators, and other extractions that may be used to remove toxic wastes safely and naturally. Those natural resources from the hot springs may also help with the production and extraction of energy fuel, bio-mining, and the development of new surfactants and fermentation processes (National Park Service, 2012). The Lake Cutthroat Trout is also a non-renewable resource that can be found within the Yellowstone National Park. The Lake Cutthroat Trout can be found as food to many of the species of animals that make the Yellowstone National Park their home. Animals such as the grizzly bears, bald eagles, and the river otters rely on the Lake Cutthroat Trout as their food for every day survival. However, as an effect from the release of a non-native species of trout into the waters of the Yellowstone National Park, the Lake Trout has been over-populating the native Lake Cutthroat Trout. If the Lake Cutthroat Trout is to be taken out by the Lake Trout, the waters of the Yellowstone National Park may face danger. The Lake Trout eats many of the native species of fish that are found in the Yellowstone National Park waters, including the native Lake Cutthroat Trout. If the population of the Lake Trout fish continues to rise up, there may be very little species of water animals left. That may cause harm to the land species that depend on the species of fish for food and survival. Afar from non-renewable resources from the Yellowstone National Park, there are the renewable resources. One of the renewable resources that can be found in the Yellowstone National Park is the production of geothermal electricity. Geothermal electricity is produced in steam plants that take the steam from the hot underground and convert it to electricity. Hot springs and geysers located in the Yellowstone National Park are often the main spots that are used to attain the heat and steam to generate geothermal electricity. If these hot springs and geysers continue to stay the way that they have been in the past and the present, the production of geothermal electricity will continue to provide electricity without a lot of pollution and fuel burning. Without burning fuel and coal to produce electricity, the planet Earth may be able to reduce the effects of global warming. However, if these geysers and hot springs are lost, electricity may have to be produced continually with fuel burning and coal burning, which will worsen the effects of global warming.
One of Yellowstone National Parks biggest challenges is the pollution control that affects the conservation of the parks natural resources. With more than two million visitors annually over a span of 2.2 million acres the management of pollution to the environment is a serious concern. In 2006 the park implemented the Yellowstone National Park Recycling Program to maximize the parks environmental sustainability (United States Environmental Protection Agency, 2006). The goal of the program was to divert 90% of the parks solid waste from going into the landfills by 2008. The program was started by the Environmental Management System in conjunction with the U.S. Environmental Protection Agency, the Wyoming and Montana Departments of Environmental Quality, Xanterra Parks and Resorts, park concessionaires, Delaware North Park Services and the parks managers (United States Environmental Protection Agency, 2006). The recycle containers are specially designed with steel to keep out grizzly bears. The program was a success after collaboration with neighboring communities to collect enough recyclables to keep the hauling costs affordable and with constant education to the parks visitors and the large availability of these bins they successfully have been able to maintain the program.
The Yellowstone National Park in 2009 dedicated itself to updating its current Pelton water wheel that was used to generate power with the existing water supply at Mammoth Hot Springs (Department of the Interior, 2009). This system was no longer functioning and dated back to 1911, to uphold the parks tradition of using clean energy a new micro-hydropower system would be installed (Department of the Interior, 2009).
The park continues its efforts to maintain the sustainability and preservation of the environment by maintaining is building is a responsible manner, educate its employees and visitors of the importance of not polluting, and staying involved in programs that will reduce water and material consumption, greenhouse gas emissions, and energy (National Park Service, 2012).

References
The Yellowstone Ecosystem. (n.d.). it's getting hot out there: Top 10 Places to Save for Endangered Species in a Warming World. Retrieved from http://itsgettinghotoutthere.org/index.php?option=com_content&view=article&id=60
Yellowstone National Park - Yellowstone National Park. (n.d.). U.S. National Park Service –
Experience Your America. Retrieved from http://www.nps.gov/yell/index.htm

Department of the Interior. (2009). Department of interior annual report on energy Managementifiscal year 2009. Retrieved from http://www.doi.gov/archive/pam/energy/docs/FY09_Annual_Report_Energy_Mgt.pdf National Park Service. (2012). Purpose of the strategic plan. Retrieved from http://www.nps.gov/yell/parkmgmt/sustainability-purpose.htm
Yellowstone National Park, United States. (n.d.). Encyclopedia of Earth. Retrieved September 11, 2012, from http://www.eoearth.org/article/Yellowstone_United States Department of the Interior. (2004). Nature Notes. Retrieved from http://www.nps.gov/history/history/online_books/yell/vol16-5-6a.htm
United States Environmental Protection Agency. (2006). Recycle on the go success story. Retrieved from http://www.epa.gov/osw/conserve/rrr/rogo/documents/yellowstone.pdf
What is biosphere reserve? definition and meaning. (n.d.). Science-Dictionary.com - Online Science and Technology Dictionary. Retrieved from http://www.science-dictionary.com/definition/biosphere-reserve.html
McMenamin, S. K., & Hadly, E. A. (2012). Ancient DNA Assessment of Tiger Salamander Population in Yellowstone National Park. Plos ONE, 7(3), 1-6. doi:10.1371/journal.pone.0032763
McMenamin, S.K., Hadly, E.A., & Wright, C.K. (2008, October). Climatic change and wetland desiccation cause amphibian decline in Yellowstone National Park. Proceedings of the National Academy of Sciences of the United States of America, 105(44), . Retrieved from http://www.pnas.org/content/105/44/16988.long
Commitment to Sustainability - Yellowstone National Park. (n.d.). U.S. National Park Service - Experience Your America. Retrieved from http://www.nps.gov/yell/parkmgmt/sustainability-commitment.htm

Similar Documents

Premium Essay

Natural Resources

...Natural Resources and Energy at Wekiva Springs Sharmeen Hugue SCI/256 March 20, 2014 Natural Resources and Energy at Wekiva Springs Wekiva Springs is the 2nd largest spring located in Apopka, Florida within the Wekiwa Springs State Park. In 1970 Wekiva Springs State Park opened to the public. The park occupies 7,000 acres, with the main attraction being the Wekiva Springs. The cool crystal clear water of the springs range in depth from just inches to five feet and maintains a 72 degree temperature. Wekiva means "flowing water" in Creek. The spring flows from a small 20 feet deep cavern, which spreads into a deep cave. This area was once populated by the Timucuan Indians. Wekiva is home to an array of wildlife that includes foxes, river otters, white-tailed deers, Florida bear, great blue herons, great egrets, alligators, and a variety of tropical birds. The aquatic preserve is also the winter home of over 325 West Indian manatees, which is a federally protected species ("Wekiva Spring", 2012). This paper will discuss the springs and the associated agriculture, effects of human population on the spring, sustainability, risk and benefits of nonrenewable and renewable resources, and the sustainability and conservation of Wekiva Springs. Identify Associated with Agriculture The associated topic linked with Florida's agricultural life cycle is a resource located in the central part of Florida. According to the State...

Words: 1815 - Pages: 8

Free Essay

Natural Resources

...of the Environment & Natural Resources The country is widely acknowledged as having an outstanding endowment of natural resources, which could provide essential ecosystem services to the population. Demands arising from development and utilization activities, population expansion, poor environmental protection, and external factors such as climate change, however, have placed the country’s environment and natural resources under grave threat. For the medium-term, an environment that is healthy, ecologically balanced, sustainably productive, climate change resilient, and one that provides for present and future generations of Filipinos is envisioned. This vision will be pursued through an integrated and community-based ecosystems approach to environment and natural resources management, precautionary approach to environment and natural resources, sound environmental impact assessment (EIA) and cost-benefit analysis (CBA). These, then, are all anchored on the principles of shared responsibility, good governance, participation, social and environmental justice, intergenerational space and gender equity, with people at the core of conservation, protection and rehabilitation, and developmental initiatives. Assessment State of the Environment and Natural Resources The degraded state of the country’s environment and natural resources is felt most intensely by the poor, especially the rural communities given that they depend on these resources for their primary source of...

Words: 2657 - Pages: 11

Free Essay

Natural Resources

...Activities Involved In the Conservation of Natural Resources Introduction The energy consumption of western cities' households stands at about one-third. Energy is a very good example of a natural resource. In as much as it is surprising, efforts have been made since the 21st century to try and conserve these natural resources (Montana Conservation Council, 1956, p. 12). The essay seeks to discuss how some of the activities carried out have been used to promote resource efficiency and sustainable management of natural resources. The essay seeks to detail information on some of the case studies depicting the impacts of these activities. Promotion of Energy Efficient Bulbs The energy efficient bulbs are energy economical due to its insignificant consumption of electricity. According to the results obtained by conducting a series of tests, the bulb converts about 80 percent of the electrical power to light energy. The other 20 percent is therefore converted to other forms of energy such as heat. When compared to traditional bulbs, the results were opposite to having 80 percent of the energy wasted by being converted to other forms while 20 percent being converted to light energy. Adoption of Renewable Energy One of the ways adoption of renewable energy has contributed towards the conservation of natural resources is through enhancing energy security. When one looks at some of the renewable sources of energy such as solar, wind and geothermal, all these sources provide viable...

Words: 308 - Pages: 2

Free Essay

Natural Resources of Bangladesh

...Assignment on Natural Resources of Bangladesh Course title: Bangladesh Studies Course code: HUM 101 Prepared For, Md. Rakibul Islam Lecturer, Department of Economics Prepared By, Name: Md. Al- Amin Id.: 15162108083 Intake: 17th Program: B.Sc. in EEE Date of submission: 03/04/2016 Introduction: Natural resources are most important for a country. There are many countries which directly depend on natural resources. Bangladesh is a developing country. Area of Bangladesh is small. We have also some natural resources. Some are renewable and some are non-renewable. Classification of natural resources of Bangladesh In the context of Bangladesh the natural resources are classified into two types. Followings are the categories of natural resources of Bangladesh. Natural Resources Natural resource determines the course of development and constitutes the challenge which may or may not be accepted by the human mind, we house the following natural resource as- * Land * Water resources * Fisheries * Forest * Mineral resources * Marine resources * climate * Rainfall * Oil and natural gas * Energy and power resources * Topography. • Renewable Natural Resources are Water, Fish, Forested and • Nonrenewable Mineral Natural Resources are Gas & Oil, Coal, Rock, and Sand etc. Renewable Natural Resources: 1. Water Resources: Water is the available renewable natural resources of Bangladesh. Bangladesh is endowed with...

Words: 2783 - Pages: 12

Premium Essay

Natural Resources In Canada

...group metals, titanium concentrate and tungsten, diamonds, nickels, aluminum and cobalt; it also has the largest amount of potash than any other countries. An abundance of oil, minerals, and metals with the help of advanced technology, 15% of Canada’s economy has been directly contributed by its natural resources. Some of the other products such as equipments, machines, and constructions also add up another four percent to Canada’s nominal GDP indirectly from its resources. In 2011, there were around 800,000 people...

Words: 698 - Pages: 3

Free Essay

Natural Resources and Energy

...are considered to be the largest of the aquatic ecosystems on Earth. They have a high salinity and include bodies of water such as the ocean, lagoon, the deep sea, and sea floors. Once of the marine ecosystems that has been a central focus, especially recently, is the Gulf of Mexico. The Gulf of Mexico is located off of the Atlantic Ocean, and it is considered to have a tropical climate. According to epa.gov, The Gulf of Mexico is the ninth largest body of water in the world. Some of the species or habitants that dwell in the gulf are different types of whales, dolphins, sea turtles, and sea-birds. Along the sea floor there are coral reef situated. There are also large birds The Gulf of Mexico produces a variety of resources that we use. One of the main resources is the fisheries provided in the gulf. Fisheries in the gulf are considered one of the most productive in the world. In 2010, the estimated shellfish and commercial fish harvest from the gulf fisheries was estimated to be about 1.3 billion pounds (epa.gov). Agriculture is definitely affected by the Gulf of Mexico. There is currently an area that is called the dead zone. Within this area of the gulf, there is an excessive supply of nitrogen in this area due to fossil fuel combustion, crop cultivation, and synthetic nitrogen fertilizers. With the increase of nitrogen, there is a process that is called hypoxia that will occur. Many people believe that the species in the fisheries will be affected which will definitely...

Words: 1509 - Pages: 7

Premium Essay

Natural Resource Expansion

...on Bloomberg.com discusses the market of natural gas that Alaska’s North Slope has in reserves and the need of this valuable commodity in regards to the countries of Asia, especially China. The state government of Alaska and large natural resource and exploration companies including Exxon Mobile Corp, BP Plc., and ConocoPhillips are currently planning construction of the transportation pipeline and the facilities needed to compress the natural gas into liquid and ship it to their potential consumers. The article states that this venture would generate as much as $20 billion in annual LNG (Liquefied Natural Gas) sales. The 800-mile pipeline project from northern Alaska to a southern port may cost $20 billion to $26 billion; about three times as much as TransCanada Corp.’s Keystone pipeline proposal to link Canada’s oil to the U.S. Gulf Coast, according to a 2010 estimate of the Alaska project. Industry estimates have also pegged Alaska’s Liquefied Natural Gas total project cost at $40 to $50 billion, factoring in a pipeline and liquefaction plant. (Klump 2012 Paragraph 9-10) Alaska’s marketing of the reserves to the lower 48 states has been slowed by technological advances in the process of fracking to obtain natural gas within the continental US. Fracking is the process of drilling deep into shale strata and fracturing the material to release the natural resource. This process is driving future prices down and lowering the natural gas prices to levels never seen before. The...

Words: 1496 - Pages: 6

Premium Essay

Importance Of Natural Resources

...India is rich in both renewable and non-renewable resources. It is home to diverse range of climate and different ecological regime. This diversity gives rise to a range of agro climatic zones and corresponding diverse cultures. Awareness of this diversity along with shortages of resources like water for cultivation and industries, land for pastoralists and agriculture, raw materials for industries lead to contest over scarce resources and finally conflict over resources. Moreover, sidelining legal pluralism embedded in manifold sphere of authorities on natural resource management creates conditions for conflict. Natural resource entails multiple uses. It’s uses may range from satisfaction of basics needs, livelihood to commercial purposes,...

Words: 937 - Pages: 4

Premium Essay

Of Environmental and Natural Resource Economics

...enough to achieve over people, let alone trying to control the physical environment (Thomas 2007, p.7). Another fundamental issue for policy-makers is the direction of the policy. In particular they have to consider whether they are attempting to prevent environmental impacts that result from human action, or whether they are attempting to adapt to such changes, consciously or unconsciously (Thomas 2007, p.8). Natural Resources Natural resources have been critical for human welfare since people first started to walk the earth several million years ago (Field 2005 p.27). Natural resource economics is the study of how the flow of goods and services derived from natural resources is, and should be, managed in today’s world (Field 2005 p.37). Field continues to state that resource management problems derive from the underlying technological, institutional and cultural factors that characterise the economy (2005, p.37). Given the information concerning environmental policy and the importance of natural resources to human welfare and, the fact that our natural resources are under threat not just for today’s generation but for future generations. This paper will now discuss one of the essential elements of life...

Words: 3864 - Pages: 16

Free Essay

Natural Resources and Energy Paper

...Natural Resources and Energy Paper A forest is a natural resource needed by the earth, humans, and species. There are three types of forests. The three types include “tropical, temperate, boreal forests” (The forest biome p. 1, 2006). Recently forests occupy about “one-third of Earth’s land area, and account for over two-thirds of the leaf area of land plants, and contain about 70% of carbon present in living things” (The forest biome p. 1, 2006). Forests produce vital oxygen and provide homes for people and wildlife. Forests play a critical role in mitigating climate change. A forest have several management practices for sustainability and conservation. There are several risks and benefits of extracting and using one type of nonrenewable and one type of renewable energy. The growth of human population has affected forest resources in several ways. The affected forests have caused harm to the population of wild species and have majorly impacted agriculture. Impacts associated with agriculture Between 2000 and 2010 about 13 million hectares of forests were lost per year to agriculture and other uses (Food and Agriculture Organization of the United Nations, 2013). Agroecosystems are very different from the ecosystems seen in nature. Unlike natural ecosystems, agroecosystems are large areas that have been planted with a single species or single strain or subspecies. This often makes them more susceptible to disease. Also, the agroecosystems are often planted in simple geometric...

Words: 2507 - Pages: 11

Free Essay

Natural Resources, and Energy Paper

...Natural Resources and Energy Paper Christine Phipps, Kelly Doscher, Whitney Koba, Yharatzed Caceres, and Stuart Wilson SCI 256 May 9, 2010 Stephanie Gordon Natural Resources and Energy Paper In most tropical countries, only one tree is being replanted for every 10 cut down (Iowa Public Television, 1995-2010). Tropical rainforests “cover about 2% of earth’s surface, but house over half of world’s plant and animal species…” (Iowa Public Television, 1995-2010). Rainforests are vanishing quickly off the earth; over half have been destroyed in the last 10 years. While undefined, there are effects on the tropical rainforest based upon growing human population. There are proper management practices for conservation of natural resources but it is still necessary to determine the risks and benefits of extracting energy. Throughout this essay these points will all be discussed. Effects of Human Population Human population growth directly impacts the natural environment, natural resources, and ecosystems. The majority of tropical rainforests are located in moderately developed and developing nations that are experiencing exponential population growth. Wright maintains that 95% of the world’s population growth is occurring in developing nations at a rate of 1.5% annually, adding 75 million in a year (2008). Population growth adds pressures to natural resources as the need for living space, agricultural land and, food supplies increases. The biggest and most devastating...

Words: 638 - Pages: 3

Premium Essay

Natural Resources

...Natural Resources and Energy Paper SCI/256 July 09, 2013 . Marine Ecosystem Out of all of the large and natural resources available for generating electricity in the United States, it is the ocean. Ocean energy may be the last investigated for its potential. The ocean is so vast and deep, until recently, it was assumed that no matter how many chemicals or how much trash humans dumped into the ocean, the effects would be negligible. Dumping into oceans have even got the catchphrase: “The solution to pollution is dilution” (National Geographic, 2013) Impacts Associated With Agriculture Pollutants from agriculture have affected the marine’s ecosystem in ways that may not be reversible, and may also be slowly harming rivers, streams, and coastal waters. Pesticides and fertilizer are two major components that have disturbed the marine’s ecosystem; both contain harmful chemicals that can be hazardous to living organisms in the water. Fertilizer and pesticide run-off from large farms may have initiated bursts of marine algae which may disrupt the ocean’s ecosystem by causing massive blooms in marine waters (Schwartz, 2005). Winds cause nitrogen and other nutrients from the seafloor to surface, which promote the growth of algae called phytoplankton. Phytoplankton is a main source of food for many living organisms in the marine waters. Agricultural pollutants may have triggered phytoplankton to produce harmful blooms in tides, which are giving-off poisonous toxins to marine life...

Words: 1602 - Pages: 7

Free Essay

Natural Resources Paper

...Write a 1,400- to 1,750-word paper on natural resources and energy. Include the following: • Choose a specific ecosystem, such as a forest, grassland, or a marine or freshwater aquatic ecosystem. • Identify impacts associated with agriculture. • Identify and discuss the effects that a growing human population may have on that ecosystem’s resources, including loss or harm to populations of wild species. • Discuss one management practice for sustainability and conservation of natural resources in that ecosystem. • Identify the risks and benefits of extracting or using one type of nonrenewable and one type of renewable energy resource from that ecosystem, or in areas near that ecosystem. • Assess management practices for sustainability and conservation of natural resources and energy. Include two outside references. Format your paper consistent with APA guidelines. Forests conversion involves removing natural forests to meet other land needs, such as plantations, agriculture, pasture for cattle settlements, and mining. Unfortunately after the process of farming is complete the outcome is irreversible. The outcome is irreversible since deforesting land for farming; the soil is depleted of its nutrients. As the population grows more and more lands are being stripped to provide wood and land use for agriculture. One management practice is logging and which are located on steep slopes, the effects of these activities on watersheds will depend mainly...

Words: 596 - Pages: 3

Premium Essay

Cliff Natural Resources

...Cliffs Natural Resources Inc. (CLF) In this paper we examine the dynamics of cross-listing, particularly US companies that cross-list in the NYSE Euronext equity-based exchange. We look at the number of US firms cross-listed in this exchange and then study one of these companies specifically, Cliffs Natural Resources, Inc. In addition, we explore the importance of cross-listing in NYSE Euronext as well as: the benefits, costs and requirements of fast path cross-listing and the trading volumes of the shares transacted in the exchange. The foundation of our case study is based on Cliffs Natural Resources Inc. (CLF), an international mining and natural resources company headquartered in Cleveland, Ohio. Formerly known as Cleveland-Cliffs Inc., the company was founded in 1847 (Yahoo Finance). CLF is North America’s larger supplier of iron ore. The Company produces iron ore pellets and metallurgical coal. CLF operates in four segments: U.S. Iron Ore, Eastern Canadian Iron Ore, North American Coal and Asia Pacific Iron Ore. In the United States, it operates five iron ore mines in Michigan and Minnesota, five metallurgical coal mines located in West Virginia and Alabama and one thermal coal mine located in West Virginia. It also operates two iron ore mines in Eastern Canada that primarily provide iron ore to the seaborne market for Asian steel producers (NYSE Euronext). As part of their growth strategy and due to its largely increased presence in the international market, CLF...

Words: 2155 - Pages: 9

Free Essay

Natural Resources and Energy

...------------------------------------------------- Yellowstone Ecosystem Learning Team “C” 12/7/2015 Instructor: Dr. Ted Smith Yellowstone Ecosystem One of the largest and most complicated ecosystems on Earth is the Greater Yellowstone Ecosystem. This ecosystem is home to everything from mountains, lakes, forests, geysers, rivers, and meadows. Because this area is so large, it is the habitat to thousands of different species of plants and animals. In this paper we will discuss the natural resources and energy initiatives of the ecosystem and the functions in place to actively sustain them. ------------------------------------------------- There have been many impacts associated with agriculture at the Yellowstone National Forest. Agriculture is significant part of the forest lands but it has declined over the years yet, the park continues agricultural crop. The Yellowstone ecosystem has very high plant productivity. There have been houses built in certain areas where biodiversity is most essential, exclusively around grizzly bear territory, bird habitat, and anywhere along rivers and streams. Over the last few years, climate change has impacted Yellowstone National Forest and not necessarily in a positive way. It is predicted that 25 years from now, climate change will most likely strip away from forest ecosystems, specifically the one that supports Yellowstone National Park due to rising temperatures increasing so much and having the high chance of catastrophic...

Words: 1581 - Pages: 7