Re: Sustainable Futures Act Recommendation
Executive Summary: With the passage of the Sustainable Futures Act (SFA), a clear message has been sent to both the Nation and the Commonwealth of Kentucky. The SFA bans coal extraction, crucial to the Kentucky economy, while it does provide job training and economic support for those in coal mining areas, the bill will not be enough to spur new green growth in the Commonwealth. The two proposals:
1) Provide Mazda USA $500 million dollars to start production of hybrid vehicles in Greenup country.
2) Leverage the $500 million incentive package into a $1 billion initiative known as Unbridled Winds that installs US-made wind turbines throughout Kentucky’s Appalachian counties, which will generate one gigawatt of electricity
With coal production at a complete stop, electricity will skyrocket in price more and more coal-powered plants go offline. The Unbridled Wind project aims to produce one gigawatt of power, or the output of two coal-fired plants and could offset the 300 tons of CO2 produced by natural gas plants producing the same amount of power. The Unbridled Wind project would provide jobs and economic development across all of Eastern Kentucky, and those places hit hardest by the regulatory ban on coal extraction, not only providing economic development, but also social development at perhaps a chance to lift Appalachian Kentucky from extreme poverty. Only the Unbridled Wind project truly both addresses the economic needs of the Commonwealth, while also providing a model for sustainable carbon neutral policy, important to the SFA and combatting China’s ever increasing CO2 output
With the passage of the Sustainable Futures Act (SFA), a clear message has been sent to both ...
... middle of paper ...
...be as intense compared to the wind project. The Greenup Co. location provides access to both Ohio and West Virginia as well, almost guaranteeing jobs and business being placed in all three states as opposed to just Kentucky; moreover this portion of Kentucky is already quite economically stable, with large economic drivers like AK Steel and Kings’ Daughters Medical Center in Ashland KY.
While both proposals are viable, it seems only the Unbridled Wind project truly both addresses the economic needs of the Commonwealth, while also providing a model for sustainable carbon neutral policy, important to the SFA and combatting China’s ever increasing CO2 output. Truly it is only Unbridled Wind, which limits emissions and the larger environmental impact of human manufacturing, while also contributing to the economic development of some of Kentucky’s poorest counties.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- “Sustainable Development: At its heart, sustainable development is the simple idea of ensuring a good quality of life for everyone, now and for generations to come. It is about living within the carrying capacity of the environment so that how we live, work and enjoy leisure activities, which do not harm or put undue pressures on the environment. It is about ensuring everyone has the opportunity to have a decent education, a quality environment that they take pride in, good health and a decent job (n.p, 2014)” Our lifestyles and eating habits have had an adverse effect on the environment.... [tags: sustainable development, natural resources]
1283 words (3.7 pages)
Sustainable Architecture: Meeting the Needs of this Generation while Preserving the Needs of Future Generations
- Sustainable architecture is a specific kind of design which focuses on meeting the needs of these generations without compromising the needs of those generations to come. Architects from around the world have become aware of the impact that society has on the environment, and have created sustainable architecture in order to help preserve the environment, but at the same time, create comfortable spaces that are ideal for living and are aesthetically pleasing. This innovative architecture has attracted many architects from all over the world, in order to implement these new structures into every day life.... [tags: Sustainable, architecture, future,]
1323 words (3.8 pages)
- Introduction: Sustainable development is often considered in terms of three main inter-linked dimensions: environmental, social, and economic. Nowadays, the quest for profit can never be the only objective of business. Combining multiple goals together three-dimensionally is a efficient way to business success (Follett. M, 2013). According to Puma’s target, it has made targets to become the most sustainable Sport Lifestyle company in the word (Puma annual report, 2012, p110). It has been pursuing its goals and shown its initiatives on sustainability in terms of social, environmental, economic during its business since 1993.... [tags: Sustainability, Sustainable development, Capital]
701 words (2 pages)
- Group 13 WSJ Orange Juice Futures Climb as Storm Brews How much did orange juice futures rise on Thursday before falling back again. The futures rose up to a max of 7.5% at the price of $1.1575 a pound before they fell back again. The article states that it hit this high before “retreating to settle just 1.5% higher at $1.0925.” These gains were a turnaround from the day before when orange juice futures slipped to their lowest level in 10 years. What drove orange juice futures prices higher on Thursday.... [tags: Futures contract, Derivative, Short]
714 words (2 pages)
- Introduction The concept of sustainable development was first introduced by IUCN world conservation strategy in 1980. Sustainable development is a technique of economic growth under which resources are used to meet not only the demand of present generation but also for generations to come. Marketing act as a business philosophy, and a collection of management techniques, orientated towards providing value to consumers, organisations and society. Sustainability in marketing Sustainable marketing is the process in which products are produced that is environmental friendly at the retail level and also helps the company to maintain sustainable practices at the social relations level.... [tags: sustainable marketing, business]
1443 words (4.1 pages)
- Derivative Futures and Financial Engineering Throughout financial markets worldwide the use of derivatives as a risk management methods have increased substantially over the last few decades. Derivatives are considered a financial instrument that derive their value from another financial asset or variable and as such they contrast from more commonly known financial instruments such as stocks and bonds. The main goal of derivatives is to protect investors against risk by allowing them to hedge their risk in the future value of an underlying asset (Derivative, 2016).... [tags: Futures contract, Derivative, Forward contract]
1083 words (3.1 pages)
- Consumers today have high standards for determining what products meet their specific needs. As such, a satisfactory shopping experience is defined as one where consumers can quickly find what they’re looking for. Electronic commerce, or e-commerce for short, has addressed these high standards, allowing consumers to input search terms to narrow down an online retailer’s inventory to the item they’re looking for, and subsequently place orders from the comfort of their own home. However, online retailers must be quick in matching consumers with the products they want; if the customer feels that their search isn’t going well, they will simply leave the online retailer to complet... [tags: Personalized Links Recommendations]
2846 words (8.1 pages)
- Tourism, sustainability and sustainable development Provide a brief summary of the article Explain why you feel it is relevant Pose a question from the article. The question can be about the findings, the research method, or the data analysis for example, but needs to be related to the week’s topic. This week 's topic is sustainability principles, which is the foundation of sustainable tourism. It is important to understand the origin, definition, evolution of the concept, and the issues of sustainability and sustainable development to better understand sustainable tourism.... [tags: Sustainable development]
706 words (2 pages)
- ABSTRACT Indian markets recently thrown open a new avenue for retail investors and traders to participate: commodity derivatives. For those who want to diversify their portfolios beyond shares, bonds and real estate, commodities are the best option. They provide risk management facility. However, India, under pressure to cool inflation running near two-year highs, banned new wheat and rice futures contracts in its fledgling exchanges in February in a bid to check speculation and hopefully tame prices.... [tags: Business Finance]
1917 words (5.5 pages)
- Recommendations Advice is something given, usually freely, even when unasked for. There are so many well- meaning people in the world that want to give out pearls of wisdom, I am often inundated with ideas on all manner things. How to shop for a home; buy a car; apply for credit; deal with my love life, blah blah blah. The list seems to go on and on forever. Everyone has a better way of doing something, and it's almost enough to make me go crazy to have to listen to it all. However, there have been incredibly wise bits of knowledge passed on to me, that while I may not have understood them at the time, seem almost profound in hindsight.... [tags: essays papers]
834 words (2.4 pages)
- American Individualism in The Yellow Wallpaper, by Charlotte Perkins Gilman
- American Individualism in The Yellow Wallpaper, The Masque of the Red Death. The Raven, and For Some Wiccans
- American Individualism in Charlotte Perkins Gilman’s The Yellow Wallpaper and The Raven, by Edgar Allan Poe
- The Army's Talking Points Controversy
- Cystic Fibrosis Presentation
- Use of Irony in Ray Bradbury's Fahrenheit 451