Waste to Energy Technology Research Paper Example | Topics and Well Written Essays - 1000 words

Waste to Energy Technology - Research Paper Example Undoubtedly, the waste to energy technology will address the waste disposal issues as well as the growing energy needs of the world. Waste to Energy Technology Waste to energy, or interchangeably energy from waste, can be referred to the process of generating energy in the form of heat or electricity through the incineration of waste materials. Incineration is â€Å"the process of reducing combustible waste to inert residues by high temperature combustion† (Lettsome, 2008, p.191). However, many countries have set strict emission standards for this process as many traditional WtE plants released huge amounts of sulphur dioxide, nitrogen oxides, and dioxins. Modern incineration plants are eco-friendly and they release little toxic gases or other pollutants. As Ramboll (2006) points out, modern incinerators are capable of reducing the original waste volume by 95 to 96 percent depending on the type of waste material under incineration. The use of incineration technique for the con version of municipal solid waste to energy is a conventional application of waste to energy technology. In the incineration process, generally an RDF is burned to boil water and thereby power stream generators for the purpose of generating electricity for home and business use. However, the method of incineration of municipal solid waste for the generation of electrical energy was widely criticized since this process has been damaging the environment by causing acid rain. In response to this environmental concern, companies used technologies like lime scrubbers on smokestacks. The modern incineration plants are eco-friendly, because â€Å"many times more dioxin is now released from home fireplaces and backyard barbecues than from incineration† (Rosenthal, 2010). Today, a number of new and improved technologies have been developed to produce energy from waste materials without combusting them directly. Majority of such technologies can generate more amount of electric power fr om the same volume of waste materials than through direct combustion method. As described in Bio Earth (2009), in new waste to energy technologies, corrosive components are separated from the converted fuels and therefore, this process contributes to higher combustion temperatures in internal combustion engines and boilers. Hence, they are more productive than conventional WtE plants. Some of those technologies have the potential to convert energy into liquid or gaseous fuels. As reported in World News Inc (2012), gasification, thermal depolymerization, Pyrolysis, Plasma arc gasification PGP are some of the thermal WtE technologies whereas anaerobic digestion, fermentation, mechanical biological treatment are non-thermal technologies. The popularity of waste to energy technologies has considerably increased over the last decade. During this period, industrially important countries like China and Japan built a number of WtE plants in order promote their national productivity. Global Group Consulting Services LLC operates across America and Caribbean in order to promote the application of potential waste to energy technologies and to resolve Municipal Solid Waste issues in small to mid-size cities. As Herndon (2011) reports, Fulcrum BioEnergy, Inc has been scheduled to commence the operations of its new $180 million WTE plant in 2010; and the project designers forecast that the plant may produce

Investment Enhancement Paper Research Example | Topics and Well Written Essays - 1000 words

Investment Enhancement - Research Paper Example This type of investment strategy might be attractive for a senior citizen investor who is looking to minimize or eliminate investment risks since he will be retiring within a few years and needs to lock in his retirement’s benefits. For the typical investor there is variety of benefits to utilizing international investments to improve financial portfolio performance On the other hand most investors are looking to maximize their return on investment therefore are willing to accept an increased level of risk in order to benefit from the possibility of much higher returns. Although studies have shown that the benefits of direct international investments to achieve adequate international portfolio diversification are limited for U.S. investors partly due to the fact that U.S. investors can invest in domestic multinational corporations, country funds. Another reason is possibly because the U.S. both the economy and its stock market are much more developed and diversified than other countries. The benefits of international investments are more easily realized in underdeveloped countries than in developed countries. Investing internationally makes sense to a lot of potential investors since for example foreign investment mutual funds provide the opportunity for individual investors which typically lack the necessary financial resources to buy a large number of stocks on their own to benefit from the expertise of a professionally administered international investment mutual fund. Recently national economies have become more closely linked due to globalization, growing international trade, and investment capital flows. This might lead to realize that the benefits of international portfolio diversification might be overstated. Despite significant interdependencies between markets, there is still room for international diversification. A recent tendency has been for investors to look into emerging economies as good candidates for international diversification. Sinc e ongoing research suggests that since emerging economies are not closely correlated to industrialized there are still considerable opportunities to benefit from international diversification. There are various investment vehicles investors can use to build up a portfolio in the equity and money markets. The most popular form of investment is common stock. The price ticker investors’ track on Wall Street represents common stock investments. Common stocks are equity investment that represents a right of ownership. People that invest in common stock have voting rights over certain corporation decisions. There are different types of common stocks. Two types of common stocks are blue chip and penny stocks. Blue chip stocks are stocks that are issued by a well-known company with an established record of making money and paying dividends (Teweles & Bradley & Teweles, 1992). An example of a blue chip stock company is Microsoft Corporation. Within the category of common stock blue ch ips are considered the safest type of investment. On the other side of the spectrum are penny stocks. Penny stocks are can be defined as stocks that trade at a relative low price and market capitalization typically outside the major marketplaces (Investopedia, 2011). Penny stocks are very risky and on many occasion the stocks go into default as these penny stock companies run out of business. Another popular type of investment that is often