• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Natural resources and growth. Although, natural resources influence economic growth, but the relation between prosperity and countries with abundant resources is not as easy to predict.

Extracts from this document...

Introduction

Lan Phuong Tran Economic Geography (Online) Spring 12 Air, wood, coal, petroleum, diamonds, solar and wind energy are some examples of the Earth's natural resources. These sources occurred naturally within the environment. Many of these resources are essential for our continued existence while others are used for gratifying our wants. As mentioned in the video, countries can boost their economical growth if these natural resources if they are to be used efficiently. Along with economical gain comes along with an increase international of political and military power. In addition, the video indicated that Europe was the first group of countries that went industrialized due to their growth of coal and iron industries. This in turn has gained them military advantages that allowed the European colonization of Africa, South American and Asia. During this time, the exploitation of these colonized nations' natural resources had gain a tremendous amount of wealth to European countries. Although, natural resources influence economic growth, but the relation between prosperity and countries with abundant resources is not as easy to predict. ...read more.

Middle

Energy conservation is a vital part of reducing climate change. Energy conservation refers to the attempt made in order to reduce energy consumption. This can be achieved through increased proficient energy use, in combination with decreased energy consumption. Through out the world, energy conservation facilitates the alternate of non-renewable resources with renewable energy. Energy conservation is often the most cost-effective resolution to energy shortages. According to Ministry of Economy Trade and Industry, The Energy Conservation Center promotes energy efficiency in every aspect of country such as Japan. According Building Britain's Future magazine, the Low Carbon Transition Plan launched by the British government in 2009 intends at thirty percent of renewable and of forty percent of low carbon dioxide content fuels in electricity generation by 2020. In country such as Iceland, about eighty one percent of total primary energy supply is obtained from domestically produced renewable energy sources (Renewable energy in Iceland, 2009). The United States have incentives to encourage its citizens to get involve in energy conservation. Some of these programs are The Energy Policy Act of 2005 which provide a tax credit of thirty percent of the cost of the new item with a limit of $500. ...read more.

Conclusion

We do not expect the government to build the bridge, and we do not ask them to provide more material than what is needed to build that bridge. But we need reliable, stable and high quality material that we can count on to build a solid bridge to energy independence. That means Congress needs to pass an energy bill that extends tax credits for wind and solar as soon as possible. They also need to extend the credits not on an annual basis but provide confidence by extending it for ten years, or more. In addition, I think the Congress can add provisions to the bill to generate an annual analysis to review the bill and readjust the incentives to ensure proficient execution of the plan. So stop stalling, and act as if the future of our country, and possibly the world depends on it. Resources: Database of State Incentive for Renewable and Efficiency. Retreived from: http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=US43F Building Britain's Future. (2009). The UK Low Carbon Transition Plan: National Strategy for Climate and Energy. Retreived from http://www.decc.gov.uk/assets/decc/White%20Papers/UK%20Low%20Carbon%20Transition%20Plan%20WP09/1_20090724153238_e_@@_lowcarbontransitionplan.pdf Ministry of Economy Trade and Industry, http://www.meti.go.jp/english/press/2011/1122_01.html Renewable energy in Iceland (2009). Retreived from http://www.res.is/is/page/energy_in_iceland 1 ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Environmental Management section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Environmental Management essays

  1. Marked by a teacher

    The growth in international tourism is providing many LEDCs with new opportunities of economic ...

    3 star(s)

    operating noise and the mini buses used cause massive dust pollution and erosion, with 30-40 buses around one animal at one time. The park does offer lots of jobs however these are often menial. Furthermore the largest of the foreign earnings from Kenya comes from its tourism, with food, European beer, water and electricity having to be imported from elsewhere.

  2. Contemporary issue assignment

    Scanty dress, public displays of physical affection between members of the opposite sex and sexual permissiveness, drinking alcohol and eating non-halal foodstuffs are all vetoed in Muslim teachings. Nudism and topless sunbathing at resorts have always been forbidden and Islamic groups have criticised tourists for bringing Western standards to the country and weakening Islamic culture.

  1. Environmental Audit Assignment: The Company that I am analysing is BP (British Petroleum).

    They include commitments on each of the areas listed above. They apply to all BP employees, and every BP business, throughout the world. Integrity in there business dealings, respect for the law and for the rights of individuals is the central themes of the company ethical conduct policy commitment.

  2. Waste, the Landfill Tax and the Inert Problem

    agency can trace special waste from the producer to its final disposal, this is known as a special waste consignment note. All previous holders and producers of special waste are responsible for its safe and legal disposal. For example the producer of the waste could be prosecuted if a following

  1. Assess the role that nuclear power might play in the future energy security of ...

    All of the above factors are underpinned by the rapidly depleting reserves of fossil fuels. Current demands for oil are predicted to empty reserves in only 40 years, and only 65 years for gas - only contributing further to energy insecurity and demand for remaining reserves.

  2. The Impact of entrepreneurial behavior on the potential for growth and development of an ...

    The company therefore needs to implement changes itself in order to avoid becoming obsolete. Similar to the study of entrepreneurial motivation, this can be either by acting upon a perceived opportunity or by necessity, where external changes force an action.

  1. A report concerning new business development in the local area, which is the Paddington ...

    St. Mary's hospital receives 330,000 outpatients annually. Housing quality: if people are paying a large sum of money for their accommodation, they are in return expecting high quality standards so that the properties are worth their money, and the developers need to guarantee this is the case.

  2. I am researching about four organisations energy policies which are: McDonalds, Tescos, EDF Energy ...

    criticise the policies so I will explain if it?s good or bad and I also be justifying it along. I have researched the energy policy of McDonalds and I have stated below what the energy policy is and how McDonald?s set targets for reducing the energy consumption which are stated below that I have got from the McDonalds website.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work