Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
10 Cards in this Set
- Front
- Back
|
Icelands Renewable Energy %
|
70% comes from renewable energy (100% of its electricity and heat)
|
|
|
Iceland's Future Energy Plans
|
Want hydrogen fuel cells for its fishing fleet and transportation center, the last industries in Iceland to use fossil fuels
|
|
|
Fossil Fuels
|
|
|
|
Geothermal Energy
|
Splits hydrogen from water at high temperatures
|
|
|
U.S. Geothermal Presence
|
Once thought only exclusive to Iceland and California but that isn't the case. Enhance Geothermal Systems (EGS) technology is making it more abAmount available is equivalent to a 30,000 year energy supply at our current rate. Some suggests a national cap on global warming pollution.
|
|
|
Geothermal Heat pumps
|
All of U.S. soil is suitable for - gets heat from the ground. We use less than 1% of this resource while Iceland powers 85% of their homes with it.
|
|
|
Securitization
|
Process of repackaging otherwise illiquid loans and converting them into liquid marketable securities. The individual loan borrowers make their interest and principle payments to the firms issuieng the securities who, in turn, funnel these profits to their investors.
|
|
|
Conforming Loans
|
Loans subject to specific criteria such as credit scores, income verification, loan to value ratios, and loan size limits.
|
|
|
Loan-to-Value Ratio (LTV)
|
Reflects the percentage of the total value of property being financed. For example, assume a property is worth 100K. If the Mortgage on the property is 70K, then the LTV is 70%. Higher the LTV, the higher the risk for the lender.
|
|
|
Mortgage Backed Securities
|
|
