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    could potentially hurt producers’ worldwide. Historically speaking, oil is seemingly a very important part of human and economic development. In the early days, finding oil during a drill was considered troublesome, as the intended find was normally water or salt. However, in 1857, the first commercial oil well was developed in Romania. Consequently, two years later, the petrol industry was born in the U.S. During this time, much of the demand for oil went to the use of oil and kerosene lamps.…

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    One of the most important issues of the 21st Century is climate change. A crucial factor contributing to climate change is the emissions of greenhouse gases from the burning of fossil fuels. With an ever-depleting fossil fuel supply, we must be able to fulfill the demand of energy with alternative energy sources. Solar energy is not only an alternate energy source but also a renewable one. Every source of energy comes with costs and benefits. By examining how solar energy works, how it can be…

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    Olive Oil Production as Economic Activity In terms of its sheer impact on society, olive oil was the petroleum of the ancient world. The fruit of the olive tree and its oil provided food, medicine, and lubrication. The production of olive oil was a capital-intensive effort that required long-term planning. In Olive Production and the Roman Economy: The Case for Intensive Growth Empire, Robert Bruce Hitchner argues that the rapid growth of olive production and export suggests that rational…

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    setting up the Revenue Management Program, the goal of which was to ensure that oil revenues were spent in sectors connected to alleviating poverty such as education, health and social services, rural development, infrastructure, environmental and water resources (Pegg 2009 p. 313). Issues arose in the early stages of the project when Chadians who did not support the project were silenced by the Chadian government. For example, a member of the Chadian parliament was jailed for speaking out…

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    refining, producing to final use of petroleum are emitting harmful gases that affect the people, plants, animals, air, water and soil negatively. Besides, exploration, processing, and transportation of oil and natural gas have the major impact to the environment such as groundwater contamination, disturbance of ecosystems and land, waste management, gas emissions, excessive water and energy usage, spills and so on (Haseeb, 2017). Therefore, an Environmental Quality Act, 1974 has been implemented…

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    Thomas L. Friedman’s Hot, Flat and Crowded brings light to key problems that a hot, flat, and crowded world is dramatically intensifying. It discusses five main concerns: the growing demand for scarcer energy supplies and natural resources; disruptive climate change; energy poverty, which is dividing the world electricity-haves and electricity-have-nots; rapid accelerating biodiversity loss, as plants and animals go extinct at rising rates; and a massive transfer of wealth to oil-rich countries…

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    Throughout its long history, Russia has been trapped in a continuous cycle of authoritarian regimes; only interrupted by brief periods of tumultuous democratic transitions, that were often plagued by the inability of the democratic system itself to function and ineptitude by the leaders who were in power. Therefore, by and by, Russia always turned towards authoritarianism. However, when the Soviet Union fell, it seemed as though the cycle would be broken, however once again, through exploitation…

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    Nuclear Power In China

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    Nuclear power in China has for a long time now been accorded significant attention due to the potential it has in the generation of alternative sources of energy. Previously, the country had a high reliance on coal power occupying around 70% of the total energy production. According to World Nuclear Association, 6% of the country’s energy was produced from hydroelectric energy while 1% was produced from nuclear power with the renewable energy sources also occupying 1 percent. However, due to the…

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    Immigration is driven by various factors such as the increased population in the world (Bansak, Simpson and Zavodny). Such increase is further complemented by the introduction and growth of the modern technology that enables people to move from one place to another regardless of the distance between at a given time. Energy consumption, on the other hand, has been affected by the increasing demand for energy supply in daily activities such as transportation, cooking, entertainment, learning…

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    Photovoltaics convert sunlight directly into electricity. Solar thermal generators use sunlight to heat water and produce electricity from steam. Hydro-electric power plant generates electricity. Tidal power seems to be the most successful development of energy from the ocean. Wind power is used to produce electricity as it has high energy potential. Biofuels…

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