...Sweet Brazilian Bioethanol Industry International Case Study Rodel M. Adriano March 31, 2013 Economics for Managers 551 Curtin University of Technology Graduate School of Business International Case Study – Assessment 2 Page 1 of 14 TABLE OF CONTENTS I. INTRODUCTION ............................................................................................................................................ 4 A. Analysis of the Ethanol Subsidy .............................................................................................................. 5 B. 1973 oil crisis............................................................................................................................................... 5 C. 2000s Energy Crisis................................................................................................................................... 7 II. III. IV. V. PRESENT COMPETITIVENESS OF BIOETHANOL ............................................................................................ 7 OTHER ALTERNATIVE FUELS ..................................................................................................................... 11 CONCLUSIONS ............................................................................................................................................ 12 REFERENCES ..................................................................................................................................................
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...Also, I deeply appreciate Prof. Daniel Ruan, the head of the Department of Environmental Science in UIC, for his expert advice, instruction, and technical supports for the whole year. Thanks are also attributed to Car Wu, Sunshine Chen ,the Laboratory Technician at UIC, who provided useful directions and helpful comments during the project. Finally, I would like to give credits to all other laboratory technicians, for their valuable advice. And to all my classmates, who provided me with encouragement throughout the whole project. ___________________ Leng Hong, Grazy (0630400033) Date: _______________ Abstract Biomass is a common crop waste, especially corn and sugarcane are the main crops planted around the whole world, and large amount of crop waste is discarded or incinerated which cause severely air pollution. Converting biomass into ethanol as a renewable energy is...
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...Case study of the Economic Problem The basic economic problem Economists distinguish between wants and needs; needs are those things which people require to survive. These comprise food, water and protection from the elements in the form of shelter and clothing. Nestlé products fall into two of these categories (food and water). However they can only be described as wants because it is possible to survive without consuming any Nestlé products at all. All resources are considered scarce because the wants for them (the demand) outstrip the various uses for them (the supply). This means that they have to be shared out (distributed) by a mechanism such as price. There are numerous ways in which a resource may be used, an opportunity cost is therefore created whenever one use is preferred over another. If water is used for industrial production, it is not available for agriculture or domestic consumption. Water is a classic example of the distribution problem of scarce resources. There is actually enough water in the world for everyone's needs, and it is not a resource that is ever 'used up' in the way that other resources can be consumed. The amount of water in the earth's water cycle - evaporating from the sea, then falling as precipitation over land - is constant, the problem is one of distribution - it is not always located where it is needed. Read more: http://businesscasestudies.co.uk/nestle/sustainability-and-water/the-basic-economic-problem.html#ixzz1oPYHca55 Case...
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...these programs are new to many countries, Brazil has years of experience with sugarcane-based ethanol, creating a success story for others to reference. Currently, Brazil is the largest biofuel market with the United States ringing in a close second. However, Brazil’s ethanol is created from sugarcane while the U.S. uses corn to produce their ethanol. Not only is Brazil’s sugarcane-based ethanol the first renewable fuel to be cost-competitive with transportation fuel, but it is also the most economical compared to its competitors. The ethanol’s efficiency is due to the power of the sugarcane compared to corn as an ethanol feedstock, a perfect climate for sugarcane harvesting, and the large, unskilled, inexpensive labor force in Brazil. In addition, the U.S. uses almost double the amount of land to farm corn to produce ethanol as Brazil uses to harvest sugarcane to produce almost the same volume as ethanol. What is Ethanol? Ethanol is an alcohol fuel distilled from plant materials, such as corn and sugar. Ethanol is the main biofuel for transportation and Brazil is the greatest exporter globally of bioethanol. The sugar and ethanol industry in Brazil make up 2.3% of the Domestic Gross Product, generating 4.5 million jobs for Brazilian citizens. Not only is ethanol responsible for 50% of fuel volume consumed by cars and light vehicles, but it also represents 90% of gasohol, a blend combined with gasoline, used by many oil companies. Brazil consumes 31% of global ethanol consumption...
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...these programs are new to many countries, Brazil has years of experience with sugarcane-based ethanol, creating a success story for others to reference. Currently, Brazil is the largest biofuel market with the United States ringing in a close second. However, Brazil’s ethanol is created from sugarcane while the U.S. uses corn to produce their ethanol. Not only is Brazil’s sugarcane-based ethanol the first renewable fuel to be cost-competitive with transportation fuel, but it is also the most economical compared to its competitors. The ethanol’s efficiency is due to the power of the sugarcane compared to corn as an ethanol feedstock, a perfect climate for sugarcane harvesting, and the large, unskilled, inexpensive labor force in Brazil. In addition, the U.S. uses almost double the amount of land to farm corn to produce ethanol as Brazil uses to harvest sugarcane to produce almost the same volume as ethanol. What is Ethanol? Ethanol is an alcohol fuel distilled from plant materials, such as corn and sugar. Ethanol is the main biofuel for transportation and Brazil is the greatest exporter globally of bioethanol. The sugar and ethanol industry in Brazil make up 2.3% of the Domestic Gross Product, generating 4.5 million jobs for Brazilian citizens. Not only is ethanol responsible for 50% of fuel volume consumed by cars and light vehicles, but it also represents 90% of gasohol, a blend combined with gasoline, used by many oil companies. Brazil consumes 31% of global ethanol consumption...
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...Learning from the Indian experience and the BioFuels industry in India Rajan K. Paradkar Sr. General Manager Armaco Consultant Pvt. Ltd., Mumbai, India NOT AN OFFICIAL UNCTAD DOCUMENT Financing BioFuels and Jatropha Plantation Projects Accra, Ghana-November 13, 2006 EXPRESSES THANKS TO YOU, HONOURABLE CHAIRPERSON, FOR THE KIND INVITATION EXTENDED TO DELIVER THIS PRESENTATION AND WELCOMES THE PARTICIPANTS TO THIS WORKSHOP Financing BioFuels and Jatropha Plantation Projects Accra, Ghana-November 13, 2006 Financing BioFuels and Jatropha Plantation Projects Accra, Ghana-November 13, 2006 Financing BioFuels and Jatropha Plantation Projects Accra, Ghana-November 13, 2006 •CDM is a mechanism to monetize environmental value of proenvironmental projects established in response to global climate change. •CDM enables developed countries with high CO2 reduction costs, to meet the shortfall of allowed emissions at a lower cost than achieving the reduction domestically. •To Developing countries, the CDM presents an opportunity to attract investment from developed countries to environmentally sound projects assisting in sustainable development. •Optimum size of the project for CDM financing to be analyzed. This is in terms of CER’s per year (I.e. Certified Emission Reductions OR Tons of CO2 per year). Financing BioFuels and Jatropha Plantation Projects Accra, Ghana-November 13, 2006 Financing BioFuels and Jatropha Plantation Projects Accra, Ghana-November 13...
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...Biofuel * Introduction Biofuels are a wide range of fuels which are in some way derived from biomass. The term covers solid biomass, liquid fuels and various biogases. Biofuels are produced from living organisms or from metabolic by-products (organic or food waste products). In order to be considered a biofuel the fuel must contain over 80 percent renewable materials. It is originally derived from the photosynthesis process and can therefore often be referred to as a solar energy source. There are many pros and cons to using biofuels as an energy source. Biofuels don’t contribute to global warming and they emit less particulate pollution than other fuels, especially diesel. They are also renewable sources of energy as you can just keep producing more. They reduce greenhouse gas emissions when compared to conventional transport fuels. Actually biofuels are not carbon neutral simply because it requires energy to grow the crops and convert them into fuel. The amount of fuel used during this production (to power machinery, to transport crops, etc) does have a large impact on the overall savings achieved by biofuels. Biofuels prove to be substantially more environmentally friendly than their alternatives. Biofuels can be made from many sources such as plant material, fungi and algae and since these source are available in abundance and can potentially reproduced on a massive scale they are an energy source that is potentially unlimited, this will end our need to depend on other...
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...Renewable energy is generally defined as energy that comes from resources which are naturally replenished on a human timescale such as sunlight, wind, rain, tides, waves, and geothermal heat. Renewable energy replaces conventional fuels in four distinct areas: electricity generation, air and water heating/cooling, motor fuels, and rural energy services. Based on REN21's 2014 report, renewables contributed 19 percent to our global energy consumption and 22 percent to our electricity generation in 2012 and 2013, respectively. Both, modern renewables, such as hydro, wind, solar and biofuels, as well as traditional biomass, contributed in about equal parts to the global energy supply. Worldwide investments in renewable technologies amounted to more than US$214 billion in 2013, with countries like China and the United States heavily investing in wind, hydro, solar and biofuels. Renewable energy resources exist over wide geographical areas, in contrast to other energy sources, which are concentrated in a limited number of countries. Rapid deployment of renewable energy and energy efficiency is resulting in significant energy security, climate change mitigation, and economic benefits. In international public opinion surveys there is strong support for promoting renewable sources such as solar power and wind power. At the national level, at least 30 nations around the world already have renewable energy contributing more than 20 percent of energy supply. National renewable energy markets...
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...Biofuels and the underlying causes of high food prices Alessandro Flammini October 2008 The development of this report was coordinated by Maria Michela Morese and Jonathan Reeves (Global Bioenergy Partnership Secretariat). The views expressed in this report reflect those of the author and do not necessarily reflect the views of the Global Bioenergy Partnership or those of the Food and Agriculture Organization of the United Nations. For info: alessandro.flammini@fao.org ACRONYMS ADB Asian Development Bank DDG Dried distillers grains DEFRA Department for Environment Food and Rural Affairs EU European Union FAO Food and Agriculture Organization of the United Nations GHG Greenhouse Gas OECD Organization for Economic Co-operation and Development PRC People’s Republic of China UAE United Arab Emirates US United States of America USDA Department of Agriculture of the United States WFP World Food Programme of the United Nations WTO World Trade Organization Table of contents EXECUTIVE SUMMARY ..................................................................................i BACKGROUND.....................................................................................1 THE CAUSES.......................................................................................4 THE CLIMATE ISSUE ......................................................................... 4 INTERNATIONAL STOCK LEVELS......................................................... 5 INCREASED GLOBAL FOOD...
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...What is the form of energy that is present in pizza that we eat? A) Mechanical B) Chemical C) Radiation D) Electrical Which of the following is not a unit of energy? A) Joules B) Meters C) BTU D) Calories What is the energy stored in the bonds that hold molecules together called? A) Chemical B) Kinetic C) Nuclear D) Thermal Which of the following is the process of breaking a large nuclei into two intermediate size nuclei? A) Chemical reaction B) Nuclear fusion C) Nuclear fission D) All of the above A woman moves a box through a distance of 10 m. What is the work done if the force applied is 10N? A) 100 J B) 50 J C) 0 J D) None of the above How many calories is 1 food calorie equivalent to? A) 1,000,000 B) 100 C) 1000 D) 10,000 What property of a small meteor falling from the sky causes a lot of damage when it hits the earth? A) High Kinetic energy B) High heat energy C) High Potential energy D) Explosive Chemical energy What happens to its temperature when a gas is compressed? A) can either increase or decrease B) decreases C) remains the same D) increases Energy possessed by a body due to its motion is called A) Thermal B) Kinetic C) Potential D) Chemical Energy can be created or destroyed. A) True B) False Correct answer(s): False In what direction does thermal energy flow? A) independent of the temperature difference B) From low temperature to high temperature C) From high temperature to low temperature D) in both directions What is the form of energy in a flying airplane...
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...EUROPEAN COMMISSION DIRECTORATE-GENERAL FOR AGRICULTURE AND RURAL DEVELOPMENT Directorate L. Economic analysis, perspectives and evaluations L.5. Agricultural trade policy analysis Brussels, July 2008 High prices on agricultural commodity markets: situation and prospects A review of causes of high prices and outlook for world agricultural markets This working document does not necessarily represent the official views of the European Commission High prices on agricultural commodity markets: situation and prospects Contents 1. 2. 3. 4. EXECUTIVE SUMMARY ......................................................................................... 3 INTRODUCTION AND STOCKTAKING................................................................ 4 FACTORS BEHIND INCREASING PRICES ........................................................... 6 TEMPORAL DIMENSION OF FACTORS: TEMPORARY OR STRUCTURAL......................................................................................................... 11 4.1. Changes in agricultural production and trade due to physical characteristics of production ........................................................................... 11 4.2. Economic parameters ...................................................................................... 14 4.2.1. 4.2.2. 4.2.3. 4.2.4. 4.3.1. 4.3.2. 4.3.3. 4.3.4. 4.3.5. Population and income growth.......................................................... 14 Price of crude oil and related costs.......
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...2011/2012 GRI Report A companion to the 2011/2012 Sustainability Report This report was released on October 7, 2012 | v1 . 8 About This Report The Global Reporting Initiative (GRI) is “a network-based organization that produces a comprehensive sustainability reporting framework that is widely used around the world.” This year, in 2012, The Coca-Cola Company has set out to report against the Key Performance Indicators (KPIs) that measure economic, environmental and social performance. We have done so within the scope of our Company’s wholly owned operations. Where we have reported information on behalf of the Coca-Cola system (The Coca-Cola Company and our bottling partners), we have flagged this information within the body of the text. For 2012, and the 2011/2012 Sustainability Report specifically, our Company has self-declared a grade B against the GRI G3.1 Guidelines. This year’s Sustainability Report has also received verification by a third-party external verification agency, FIRA Sustainability BV. Their verification is evidenced by a “+” sign next to our grade B, which reflects their verification and approval of our tracking systems. Throughout this report, you will find the KPIs that we have addressed, along with additional information regarding our most critical initiatives and programs. While we strive to continuously increase our transparency, some of the information requested in response to additional KPIs could put at risk our ability to compete and therefore...
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...OCCASIONAL PAPER NO 23 China in Africa Project January 2009 China in Mozambique: A Cautious Approach Country Case Study at io n al Af fai r s Paula Cristina Roque rn te f In eo t tit u . Ins hts can fr i ig ins South A l a Glob African perspectives. ABOUT SAIIA The South African Institute of International Affairs (SAIIA) has a long and proud record as South Africa’s premier research institute on international issues. It is an independent, non-government think-tank whose key strategic objectives are to make effective input into public policy, and to encourage wider and more informed debate on international affairs with particular emphasis on African issues and concerns. It is both a centre for research excellence and a home for stimulating public engagement. SAIIA’s occasional papers present topical, incisive analyses, offering a variety of perspectives on key policy issues in Africa and beyond. Core public policy research themes covered by SAIIA include good governance and democracy; economic policymaking; international security and peace; and new global challenges such as food security, global governance reform and the environment. Please consult our website www.saiia.org.za for further information about SAIIA’s work. This paper is the outcome of research commissioned by SAIIA’s China in Africa Project. ABOUT THE CHINA IN AFRICA PROJECT SAIIA’s ‘China in Africa’ research project investigates the emerging relationship...
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...global trends in sUstainable energy investment 2010 Analysis of Trends and Issues in the Financing of Renewable Energy and Energy Efficiency United nations environment Programme Endorsed by Copyright © United Nations Environment Programme and New Energy Finance, 2010 This publication may be reproduced in whole or in part and in any form for educational or non-profit purposes without special permission from the copyright holder, provided acknowledgement of the source is made. UNEP would appreciate receiving a copy of any publication that uses this publication as a source. No use of this publication may be made for resale or for any other commercial purpose whatsoever without prior permission in writing from the United Nations Environment Programme. Disclaimer United Nations Environment Programme: The designations employed and the presentation of the material in this publication do not imply the expression of any opinion whatsoever on the part of the United Nations Environment Programme concerning the legal status of any country, territory, city or area or of its authorities, or concerning delimitation of its frontiers or boundaries. Moreover, the views expressed do not necessarily represent the decision or the stated policy of the United Nations Environment Programme, nor does citing of trade names or commercial processes constitute endorsement. Bloomberg New Energy Finance: The information contained in this publication is derived from carefully selected public...
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