scholarly journals Promoting Domestic and International Consensus on Fossil Energy Technologies - Program Area 2: International Oil and Natural Gas

2019 ◽  
Author(s):  
Barry Worthington ◽  
Keyword(s):  
Natural Gas ◽  
International Consensus ◽  
Fossil Energy ◽  
Energy Technologies ◽  
Oil And Natural Gas

Survey of Courses on Renewable Energy Manufacturing at American Universities

2011 ◽  
Author(s):  
W. L. Cong ◽  
Z. J. Pei
Keyword(s):  
Renewable Energy ◽  
Natural Gas ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
Fossil Energy ◽  
American Universities ◽  
Global Competitiveness ◽  
Oil And Natural Gas ◽  
Skilled Workforce ◽  
The U.S

Both U.S. and world economies have long depended on fossil energy (coal, oil, and natural gas). Supplies of fossil energy are expected to decline in the future and become more expensive. Meanwhile, their use contributes to the accumulation of greenhouse gas in the atmosphere. Therefore, an urgent need exists for renewable energy sources. In order to enhance the global competitiveness of the U.S. in renewable energy manufacturing, there is a dramatic need for a skilled workforce that has been trained in this field. A survey on renewable energy courses at more than 100 U.S. universities has been conducted. It is found that manufacturing aspects of all forms of renewable energy are not emphasized, and there are no sophomore-level courses that cover manufacturing of all forms of renewable energy at these universities.

Analyzing the financial and economic momentum as a result of changes in the interest rate

2020 ◽  
Vol 16 (9) ◽  
pp. 1656-1673
Author(s):  
V.V. Smirnov
Keyword(s):  
Interest Rate ◽  
Natural Gas ◽  
Central Bank ◽  
Crude Oil ◽  
Oil Prices ◽  
Global Capitalism ◽  
Positive Effects ◽  
Russian Economy ◽  
Oil And Natural Gas ◽  
The Interest Rate

Subject. The article discusses financial and economic momenta. Objectives. I determine financial and economic momenta as the interest rate changes in Russia. Methods. The study is based on a systems approach and the method of statistical analysis. Results. The Russian economy was found to strongly depend on prices for crude oil and natural gas, thus throwing Russia to the outskirts of the global capitalism, though keeping the status of an energy superpower, which ensures a sustainable growth in the global economy by increasing the external consumption and decreasing the domestic one. The devaluation of the national currency, a drop in tax revenue, etc. result from the decreased interest rate. They all require to increase M2 and the devalued retail loan in RUB, thus rising the GDP deflator. As for positive effects, the Central Bank operates sustainably, replenishes gold reserves and keeps the trade balance (positive balance), thus strengthening its resilience during a global drop in crude oil prices and the COVID-19 pandemic. The positive effects were discovered to result from a decreased in the interest rate, rather than keeping it low all the time. Conclusions and Relevance. As the interest rate may be, the financial and economic momentum in Russia depends on the volatility of the price for crude oil and natural gas. Lowering the interest rate and devaluing the national currency, the Central Bank preserves the resource structure of the Russian economy, strengthens its positions within the global capitalism and keeps its status of an energy superpower, thus reinforcing its resilience against a global drop in oil prices.

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