Why Is It Accurate To Think Of Each Human Being As The Owner Of A Library Of Ancient Information Essay Example

Why Is It Accurate To Think Of Each Human Being As The Owner Of A Library Of Ancient Information Essay Throughout the study of the development of mankind scientists, historians and archeologists have come across various proofs and evidences of the capability of man to record the events happening around him. The best evidence of this capability are the hieroglyphics found in the ancient Egyptian tombs that tell the historical story of their pharaoh’s lives as well as the struggles of the Egyptian people.Scientifically speaking, our genes, the DNA that makes up our whole system, is encoded with all the collected information of our ancestors. Whether we know it or not, we carry the knowledge of an ancient civilization within us. Ready for the picking or use at any time that it becomes necessary to do so. This can be clearly seen in the way our babies develop. They are born without knowing any communication and survival skills and yet manage to convey their very needs using primitive skills that were first used by our early ancestors. I believe that if we stop and think about it fo r a while, we will realize that everything we are now as individuals and as a collective people stems from the ancient information that we all carry within us, though we do not consciously realize that we are using such information.We unconsciously carry ancient information within us. This most often comes to light when we are placed in situations wherein we are called upon to tap into an inner strength, knowledge, or skill that we never knew we had. In such cases, it is that ancient information that helps us deal with any situation facing us.

The relative valuation model Essays

The relative valuation model Essays The relative valuation model Essay The relative valuation model Essay The purpose of this report is to undertake a firm valuation for Woolworths, using discounted cash flow model and the relative valuation model. This report provides information obtained through a conduct of Free Cash Flow to Firm Discount Valuation Model for Woolworths Limited (WOW), estimating the firm’s current share value. The report will then identify 3 key drivers of the firm’s value in this model; tests are performed in the report to identify the sensitivity of share value in the model to changes in specific variables. In the second section of this report, companies, with similar beta and Earnings per Share Growth as Woolworths’, are analysed and compared, using Relative Valuation as another valuation method to estimate the WOW’s current value. Finally, this report will conduct a regression analysis to justify the result achieved in the Relative Valuation. About Woolworths Woolworths Limited is the largest food retailer in Australia with principal operations in supermarkets within Australia and in New Zealand. WOW and its main rival, COLES Supermarket, take up around 79% of the total grocery market. WOW also has other operations, which include liquor, petrol, general merchandise and consumer electronics. Woolworths has a market capitalisation of $29,927 million, its shares are currently trading at $24. 63 per share. (Market Cap and share price are acquired from FinAnalysis on 16 September 2011) Discounted Cash Flow Valuation Model (DCF) Discounted Cash Flow Valuation Model is used to evaluate the potential for investment by discounting back the firm’s future free cash flows. The DCF model used in this report is Free Cash Flow to Equity Valuation Model (FCFE). Risk free rate: 3. 64%. The Australia 3-Year Government Bond yield on 16 September 2011 is used as a proxy for the risk free rate for this valuation. Firstly, Australia has SP highest credit rating of AAA, also a Fitch credit rating of AA+. These ratings denote expectations of Australia having very low to lowest default risk, very strong to exceptionally strong capacity for payment of financial commitments, where this capacity is not significantly to highly unlikely vulnerable to foreseeable events. Secondly, using Australian-dollar-denoted rate is an easier approach than using USD-denoted rate, where assumptions, for such as exchange rates, may deviate the valuation result from the true value. Thus, we believe that this is a comparable figure to represent the return demanded from a theoretically absolute risk-free investment over this valuation period. Levered Beta: 0. 71 throughout the 3-year high growth period. This is found on FinAnalysis on 16 September 2011. It was calculated by adjusting the industry’s beta based on WOW’s financial leverage. For stable growth period, ? =0. 8 is chosen, as WOW’s beta will approach to one when the firm is approaching to stable stage, which acknowledges the increased stability of WOW by the end of the high growth period. Price sensitivity to change in stable growth rate, 1st key driver of the firm value: One of the key drivers of the firm value is the assumption for the stable growth rate. In our initial valuation, we assume that the firm’s stable growth rate will be approaching to Australian GDP growth rate as the firm achieves stability. As presented, the estimated share value of WOW will increase as the stable growth rate increases. Price sensitivity to change in cost of equity during stable growth stage, 2nd key driver of the firm value: Another key driver of the value in the process of valuation is the cost of equity during stable growth stage. We initially assumed that the cost of equity will be 7. 64% as the beta of the firm will move towards one when the firm approaches stability. The estimated share price of the firm will decrease as the cost of equity during stable growth increases. Price sensitivity to change in length of high growth, 3rd key driver of the firm value: In the last scenario, the assumption of length of high growth period has changed from the initial 3 years to 5 years. This could happen due to the recent financial breakdown, which would significantly slow down the growth of the firm. Should 5-year high growth be used, Australian 5-Year Government Bond rate of 3. 81% is chosen as the risk free rate for the model, as a result of which, the Cost of Equity during high growth and stable growth stages will change as presented below. Other factors stay constant, the estimated share price of WOW will be $26. 80, under which circumstances, the firm is undervalued given the current share price is $24. 63 on 16 September 2011. PS ratio is believed to be uniformly measured as all financial figures for the comparable firms are obtained from the current financial year at FinAnalysis. As these comparable firms are from different markets that have different accounting rules, Price to Sales (PS) ratio is chosen as the multiple to evaluate these comparable firms. Besides that, a similar financial leverage across these comparable firms gives us more of the reason to use PS ratio as the multiple.

Planning and assessing Essay Example | Topics and Well Written Essays - 2000 words

Planning and assessing - Essay Example tion criteria of the best learners, provide a mechanism of evaluation of learners through a given program and motivate and encourage the learners in their undertaking (Armitage et al, 2012). There has been a rise in debate about the relevance of assessment in education, why can’t students be allowed to handle education matters on their own? It is the question frequently asked by those who propagate against assessment in education. However, assessment can be connected to a wide range of stakeholders. Parents, the government, education institutions and the learners themselves need to know the level and magnitude of their performance. No one will want to incur huge costs on learning and does not feel contented with the resultant service being offered. Thus, teachers and other stakeholders have to come up with techniques which will depict the rate of performance of the learners. According to Tummons, assessment is not only an attribute which is undertaken by the learners, but it is also an approach which boosts the morale of the learners in their studies. For instance, when a learner is able to take, a continuous evaluation test, they will tend to work harder each time another paper comes up. This is more positive as compared to situations where the learners are not subjected to any assessment. The effectiveness of the evaluation process underlies under those who engage in the whole cycle. Individuals who introduce the mechanism have to be properly equipped to handle any challenges that may arise in the process; in addition the process has to be friendly (Tummons, 2007). The assessment encompasses three approaches, it commences with the formative assessment to interim assessment to summative assessment in the whole period of the learners in a particular grade. The main purpose of superimposing all the three in the curriculum is to offer a wide platform of learning. For instance, it will aid the students to have a wide scope of learning; formative and intermediate

Geico ad campaigns and how they made the company successful Research Paper

Geico ad campaigns and how they made the company successful - Research Paper Example dvertisement campaigns strategy of GEICO integrates within it, and incorporates a vivid amount of mail circulars, radio advertisements, television parody and other forms of advertisements. The company has primarily utilized the punch line, which is "fifteen minutes could save you fifteen percent or more on car insurance." According to the owner of GEICO, Warren Buffett, approximately more than 40% of Americans are capable of making big savings on their money by utilizing the services and features of GEICO. He also mentioned that, if possible, then he could even have invested $2 billion merely on the advertisements of the company. There have been numerous advertisements of GEICO which have become the memorable one shot ads. They include many the following: A man owns a dog who wears a fire propinquity suit and a man's dog wears a fire proximity suit as he distributes the insurance company’s competing bill for the reason that it is "too hot to handle". The duck is on the adverti sement and is found saying (while clearing throat), "Am I on? GEICO could save you hundreds of money on car insurance. Result..." The bill is then removed by the duck and, in its place, a smaller bill is shown, while saying, "...Smaller bill." Another impressive advertisement shows that a long distance phone call is placed by a man through the operator. He uses the code name Bob Wehaddababyitsaboy in order to evade the call charges which could be billed to the recipient of the call. This commercial was run on for several weeks over the televisions and was named joke and had a pitch for GEICO. The ad was accompanied by the shot of a man who was shown further exploiting his name trick on the telephone. He was seen saying "Last name is Wehadababyitsaboyandweighs8pounds3ouncesandisdoingfine". This... Geico Ad Campaigns In the current era of increasing modernization, technical advancements and upgradations, the companies have widely taken the opportunities offered by the diverse media to present their distinctly produced goods and services.There have been numerous advertisements of GEICO which have become the memorable one shot ads.They include many the following: A man owns a dog who wears a fire propinquity suit and a man's dog wears a fire proximity suit as he distributes the insurance company’s competing bill for the reason that it is "too hot to handle".ïÆ'Ëœ The duck is on the advertisement and is found saying (while clearing throat), "Am I on? GEICO could save you hundreds of money on car insurance. Result..." The bill is then removed by the duck and, in its place, a smaller bill is shown, while saying, "...Smaller bill." ïÆ'Ëœ Another impressive advertisement shows that a long distance phone call is placed by a man through the operator. He uses the code name Bob Wehaddababyitsaboy in order to evade the call charges which could be billed to the recipient of the call. This commercial was run on for several weeks over the televisions and was named joke and had a pitch for GEICO. The ad was accompanied by the shot of a man who was shown further exploiting his name trick on the telephone. He was seen saying "Last name is Wehadababyitsaboyandweighs8pounds3ouncesandisdoingfine". This commercial had captured the attention of many viewers and had increased the popularity of the company.

Agricultural pricing policies and distributional issues Essay Example for Free

Agricultural pricing policies and distributional issues Essay The actual cause of food insecurity across the globe has been a longstanding debate among the social, economic, political, and scientific fronts of the society. It is a common assertion that the cause of food insecurity revolves in ineffective agricultural pricing policies and distribution issues (Case, etl, 2008). On the contrary, some individuals have blamed the problem to natural causes such as drought which are beyond our control ability (Kracht Schulz, 1999). Nevertheless, given available scientific evidence that the world has enough resources to sustain its population, the problem of food insecurity is no doubt a question of poor agricultural policies. This paper seeks to refute the claim that â€Å"famines are acts of God resulting from bad weather or other natural disasters. Therefore, there is nothing we can do about them except to send food relief after they occur†. The actual causes of famines   Effective agricultural practices are instrumental in ensuring sustainable food security in the world. On the other hand, resources such as land, rains, and farming capital remain a major challenge to the realization of large scale agricultural production (Babu, etl, 2009). Famine is defined as a period of food scarcity for sustaining a given population. True to the letter, famines are cause by a combination of natural and mankind factors. Drought and crop disease outbreaks have been blamed for compromising the yielding capacity of crops (Babu, etl, 2009). This is because they negate the projected production provisions made by farmers. In addition, disasters like floods and strong winds potentially damages plants. Poor agricultural practices are one of the commonly asserted mankind contributions to famine in the global community. Just like other investments, the level of agricultural outputs is dependent on the farming techniques employed by the farmer. The problem of global warming has also been blamed for causing weather prediction uncertainties (Babu, etl, 2009). This has prompted the development of adaptive agricultural strategies to enhance production security under such situations. Nevertheless, most farmers, particularly in developing nation are still engaged in traditional farming practices which are no doubt a source of production risk in the event of weather failure. Moreover, failure by government to give farming incentives and subsidies (Babu, etl, 2009) serves to lower agricultural production. Another artificial cause of famine is lack of effective food preservation and weather prediction strategies. Food security should be a matter of priority in any sober government. This means that the government should have a reliable strategy for monitoring its food reserves (Kracht Schulz, 1999). Failure in food production due to natural causes does not always lead to famine as can be evident from the 1989-1992 droughts that were witnessed in southern Africa region. Though agriculture production was low during this time the strategic approach employed by Southern African Development Community (SADC) played a crucial role in evading a famine crisis in the region (Babu, etl, 2009). Therefore, poor food conservation and weather forecasting strategies are major cause of famine. The impact of agricultural pricing policies on famines Consideration of agricultural pricing policies is quite important in understanding the problem of famine in a given community. Agriculture as a business serves as a source of livelihood for many individuals in the community. This is particularly true in developing nations where their economy is heavily dependent on agriculture (Case, etl, 2008). On the other side, in a free market economy, the price of products is determined by the factors of demand and supply. This has the implication that overproduction of agricultural products calls for decreased prices in the market. However, the government as having the responsibility of protecting its economy has been engaged in regulating product prices. This is evident from government policies such as purchasing agricultural products from farmers into its food reserves at competitive prices (Kracht Schulz, 1999). Such are instrumental in ensuring farmers of competitive market availability for their products. Nevertheless, government agricultural pricing policies have been blamed for inhibiting production (Case, etl, 2008). According to available information, seasonal overproduction in the agricultural sector has witnessed low prices for such products as well as damage of products due to lack of markets and effective preservation practices. Through this, the community suffers the consequences of food insecurity, an element that might lead to famine if poor persistent poor weather conditions occur. In addition, motivation of farmers through effective pricing policies is found to promote innovative agricultural practices (Kracht Schulz, 1999). This is because it serves to guarantee farmers sustainable returns for their investments. Available literature has it that the globe is witnessing a gradual shift from agricultural economy to better paying jobs in the formal job market. This is in part a consequence of poor pricing policies in the agricultural sector which threatens sustainable economic independence of farmers (Case, etl, 2008). Indeed, lowered agricultural production in developing nations has been blamed on poor product prices. This trend is of major concern to the realization of food security in the world, a factor which contributes much to the problem of famine. On the other hand, most developed nations have limited commercial agricultural production to big farms whose production can be efficiently monitored by the government (Clapp, etl, 2009). This gives the government an added advantage of closely considering its moderation of product prices to protect this major source of food supply to the nation’s population. On the contrary, most developing nations engage in small scale, typically subsistence farming (Clapp, etl, 2009). Such compromises the development of effective government product pricing policies.

Industrial Agriculture and the Loss of Biodiversity Essay -- Argumenta

Industrial Agriculture and the Loss of Biodiversity Preserving Diversity By Way Of Old Crop Varieties Traditional methods is indeed the most advantageous way to retain sustainable success in farming suggested by Stephen B. Brush in his research of the effect of diversity in agriculture. In "Genetic Diversity And Conservation In Traditional Farming Systems," he explains how analyzing genetic erosion and the loss of genetic resources eventually leads to environmental degradation. Various factors have led to nations turning to improved adoption varieties, primarily the Green Revolution and commercial markets. Brush explores the effects that the Green Revolution has had on resources and agriculture, and explains why nations are turning to markets. The Green Revolution brought an introduction and increase in genetic diversity, to all domains of agriculture, especially too much needed third world countries. Due to alterations in genetic resources, conventional methods were being replaced with modern agriculture that was producing exceptional yielding varieties. This surplus of yield led many small farmers to sell their products and also become principal players in the market. The success from this established the need for movement toward modern techniques and away from traditional cultures. On the contrary, Fowler and Mooney present a different viewpoint in their article "Shattering: food, politics, and the loss of genetic diversity." They assert that the Green Revolution only provided a short-lived solution to hunger, but not to the protection of the ecosystem (Fowler 176). They discussed the history and origin of the introduction of modern varieties, in which they ultimately stated that they might have created temp... ...ect diversity with traditional cultures (Nazarea 4). In my opinion, traditions need to be protected because they are the methods that have been working for so many years. Nevertheless, technology is crucial to helping to stabilize diversity. Improved varieties may not have been the best, enduring solution yet. There are other options out there that can be discovered with more research. I believe that the scientific world can find a precise median that will continuously nurture biodiversity. Until the optimal resolution is found we need to turn our ways back to traditional farming before it is too late. Works Cited Fowler, Cary, Mooney, Pat, "Shattering: food, politics, and the loss of genetic diversity."University of Arizona Press, Tucson. C.1990. Nazarea, Virginia, D., Cultural Memory and Biodiversity. The University Of Arizona Press, Tucson c.1998.

Economics of Climate Change released in 2007 insists

There is overwhelming evidence that global warming is actually occurring and is no longer just an academic concern. The Stern Review: the Economics of Climate Change released in 2007 insists that there is still time to make an impact and change the effects of global warming. Failure to do so would result in â€Å"climate change (that) will affect the basic elements of life for people around the world – access to water, food production, health, and the environment. Hundreds of millions of people could suffer hunger, water shortages and costal floodings as the world warms† (â€Å"The Stern Review†).Fossil fuels are the number one contributor to carbon dioxide emissions in the United States alone. The use of fossil fuels for transportation contributes to a host of environmental problems, from urban ozone to global warming. Carbon dioxide makes up about 85 percent of the United States' total anthropogenic emissions of greenhouse gases that lead to global warming. Met hane, nitrous oxide, carbon monoxide, nitrogen oxide, halocarbons, per fluorocarbons, and other gases make up the remaining 15 percent. More than 98 percent of U. S. carbon dioxide emissions are caused by the combustion of fossil fuels for energy consumption (Rubin, 1998).There are many alternatives energy sources that could slow the process of global warming. Alternative energy is energy that is renewable or is not harmful the environment, such as wind, water, or geothermal powered energy. Reviewing several sources of alternative energy including alternative fuel for vehicles, solar energy, and geothermal energy and evaluating their impact on the public and viewing public opinion of alternative energy will help us have a better understanding of the concept of alternative energy and how we can benefit from using it.The effects of global warming are being felt worldwide. â€Å"Global warming and the melting of polar ice cover is predicted to raise ocean levels worldwide, directly im pacting on island nations who plead most strongly for restraint of fossil fuel consumption by industrialized nations† (Mayer). Some alternative fuel methods have been tried and found to be very successful. â€Å"Another strategy for reducing fossil fuel emissions from vehicles is to shift to alternate fueled vehicles. Various choices include electric, natural gas, methane, and fuel cell vehicles† (Mayer).In the United States there are some environmentally conscious states have started to support energy efficient vehicles. â€Å"The federal government has provided some limited support for the development of alternate fueled vehicles, while California has mandated that companies selling vehicles there market a certain percentage of zero emission vehicles, or ZEVs†(Mayer). Solar energy is an alternative energy method that has been in practice for many years. â€Å"On June 20, 1979, President Jimmy Carter dedicated the solar hot water heating system newly installed in the West Wing of the White House†(Laird, 2001, p.1). Solar energy is obtained through solar panels that take the light from the sun and convert into energy, such as electricity. Solar power has proven to be a great source of energy and many people in the United States and Europe are switching to solar power, both for moral reasons and cash incentives from governments. In the United States, the citizens of California are taking it upon themselves to invest in alternative sources of energy. They have concentrated their investments in solar power but have also experimented with wind, water, and geothermal power.Californians find solar power advantageous not only because of its insurance against blackouts and skyrocketing electricity fees but also because it produces no pollution. As the government gives consumers cash incentives, such as tax breaks when they use these alternative sources of energy, local power companies are able to use alternative sources for energy production (Woloski, 2006). Solar energy is a cost effective and product way to utilize natural energy. Geothermal energy is the energy that is held within the core of the earth. â€Å"Geothermal energy is released naturally in geysers and volcanoes† (â€Å"Energy, Sources Of,† 2004).Geothermal energy is an effect way to heat homes or businesses because â€Å"Even where there are not naturally occurring geothermal aquifers, heat can be usefully extracted from the ground† (Derektaylor, 2000, p. 57). â€Å"In California, some of the state's electricity is generated by the geothermal plant complex known as the Geysers, which has been in production since 1960, and in Iceland, which is geologically very active, roughly 70% of the homes are heated by geothermal energy†(â€Å"Energy, Sources Of,† 2004). Although using alternative energy is a great concept and idea there are some negative consequences to using alternative energy.Alternative energy is often difficult to obtain and very costly to initiate (Woloski, 2006). For the change to occur governments and citizens will have first have to invest a great deal of money in the initial set up of alternative energy. This can be very costly both for the people and the government. â€Å"Why are so few environmentally conscious customers signing up, despite the positive outlook? New research suggests that consumers simply do not trust their utilities' green credentials†(Bloemers, Magnomi & Peters, 2001, p. 15).People are uneasy trying new things such as alternative energy, especially if it is costly in comparative to other available energy sources. There are also harmful effects on the environment by using some types of alternative energy. For example â€Å"geothermal energy sources have minimal environmental impacts that while limited, include air pollution and noise. Photovoltaic solar energy systems exhibit limited negative environmental impacts because they necessitate manufacture of ph otovoltaic cells, use of large land areas, and a negative aesthetic impact†(Ferrey, 2003).And then of course â€Å"Biomass energy facilities, depending on the fuel source, emit a variety of criteria air pollutants resulting from the combustion of organic materials†(Ferrey, 2003). The energy consumption of the people of the United States is of great concern to the world’s environmental health. The United States Congress is well aware of their countries contributions to global warming. In 2002 the Senate passed legislation that â€Å"would raise average fuel efficiency standards to 36 mpg by 2015, a standard that would classify minivans and SUV’s as passenger vehicles rather than light trucks† (Mayer).In less than ten years the classification will have an effect on the people on the United States. This amount of time is crucial when we consider the state of ozone layer and the steady increase of global warming. Becoming aware of the staggering usage o f gasoline may help sway some Americans to switch to alternative methods of transportation; with the creation of the KYOTO treaty the hope was the all nations of the world could work together and make the right choice and consciously choose to support the health of the environment, the very source that sustains us.To make changes we need to specifically â€Å"explore the complex interactions and mutual influences of philosophy, evolutionary biology, ethics–conceptual enterprises all–and our primary interactions and encounters with humans and nature in everyday life†(Donnelley). By switching to hybrid vehicles or alternative energy vehicles, making sure all vehicles on the road pass emissions tests, and discontinue driving oversized vehicles that take more fossil fuel and because more emissions to be released Americans can contribute to slowing global warming†¦ There are people all over the world who have taken measures to switch to alternative energy. "Green energy would seem to have a rosy future. Technological advances have helped to lower the cost of renewable power sources such as wind turbine generators, solar cells, small hydroelectric plants, and geothermal energy†(Bloemers, Magnomi & Peters, 2001, p. 15). Growing trends of alternative energy are popping up all over the world. In response to these suggestive trends, European utilities such as Eastern Group and Powergen, in the United Kingdom, and RWE and EON, in Germany, now offer green energy to distributors or direct to interested consumers.Typically, the utility commits itself to produce with, or to buy from, renewable sources all of the energy that it sells through green contracts. Customers thus know that they are paying for green production even if they are not directly connected to the source. Price premiums, often depending on the source, range from 2 percent to more than 30 percent above the utilities' normal tariffs. Yet in the United Kingdom and Germany, f or example, less than 1 percent of electricity customers have chosen the green option.(Bloemers, Magnomi & Peters, 2001, p. 15) In the United States â€Å"Consumers in several states have the option of selecting their choice of generation companies. Although the contract path of electricity does not remotely match the actual electron path from generators to consumers, it is possible to â€Å"select† alternate generation technologies such as biomass, solar, or wind. (Allenby & Unger, 2001, p. 22) In California, the Sacramento Municipal Utility District runs a solar power program and â€Å"has enjoyed exceptional popularity.This program equips the roofs of houses with solar cells that essentially turn these homes into â€Å"mini power-plants† by converting sunlight into electricity. The system does have several disadvantages, such as the high expenses of building a solar power station and the unreliable nature of sunlight† (Woloski, 2006). Some speculate that â⠂¬Å"American conservatives tend not to take global warming seriously and fail to see why those who do find the U. S. unwillingness to tax energy infuriating. This perhaps more than any other act cemented in the mind of many Europeans the image of George Bush as a self-serving unilateralist† (Fukuyama 143).Although the environment has not been a factor regularly addressed by the Bush administration there are huge American corporations, such as â€Å"Boeing, IBM, John Hancock and Whirlpool — (who) have publicly endorsed the notion that climate change is real by joining a business council organized by the Pew Center on Global Climate Change†(Lynch). The Pew Center is an international organization that brings together business leaders, scientists, policy makers and other experts to address controversial issues (â€Å"Working together because†).The idea behind this thinking can in fact be construed as a financial investment. â€Å"A clear sign that climate con cerns have moved into the financial mainstream is the growing activism of institutional shareholders. Over the past few years, investors have become increasingly worried about insufficient disclosure about the risks companies face from global warming. Under existing regulations, publicly traded companies are required to disclose to investors any information that could have a â€Å"material† impact on their financial results.There are no additional requirements governing climate-change issues. A changing climate threatens companies throughout the economy with costs from future regulations, the physical effects of a changing landscape, even the danger of massive lawsuits†(Lynch). Although the reasons for supporting the fight against global warming by American corporations are may be financially based, these corporations are large enough that collectively they can make a huge impact and ideally smaller companies will follow in their footsteps.Using alternative energy is a growing trend, however, â€Å"alternative sources of energy are more expensive than traditional energy production; after all, traditional energy production is so popular because such methods currently allow the least amount of fuel to produce the most energy at the cheapest prices. It is for this reason that the industry of alternative energy sources has not yet boomed† (Woloski, 2006). With the state of global warming increasing at a danger rate all people should make an effort to use less fossil fuel and create less pollution by switching to alternative energy sources.Many people have the view that one person can not make a difference, this is not true. a fine balance needs to be found between human beings and nature. â€Å"Humans and nature† problems press in upon us from all sides. We are all becoming–or should be becoming–more cognizant of global warming; ecologically unsustainable cities and agricultural practices; the overuse of antibiotics in our health care systems and on our factory farms; the global crash of ocean fisheries; a human population and use of natural resources that is squeezing out other forms of life; the pollution and degradation of our air, soil, and water† (Donnelley).Now all of these points need to be taken into consideration and changed as a whole, but the first step is for all people of the world, to accept their responsibility to the environment and create a process that will improve the way they effect global warming, even if it begins with only one small change. References Allenby, B. , & Unger, D. (2001). Information Technology Impacts on the U. S. Energy Demand Profile. In E-Vision 2000: Key Issues That Will Shape Our Energy Future: Analyses and Papers Prepared for the E-Vision 2000 Conference (pp. 7-27). Santa Monica, CA: Rand. Retrieved April 4, 2007, from Questia database: http://www.questia. com/PM. qst? a=o&d=106437389 Bloemers, R. , Magnomi, F. , & Peters, M. (2001). Paying a Green Pre mium. 15. Retrieved April 4, 2007, from Questia database: http://www. questia. com/PM. qst? a=o&d=5001037408 Donnelley, Astrakhan. â€Å"Natural Responsibilities: Philosophy, Biology, and Ethics in Ernst Mayr and Hans Jonas. † The Hastings Center Report 32. 4 (2002): 36+ Energy, Sources Of. (2004). In The Columbia Encyclopedia (6th ed. ). New York: Columbia University Press. Retrieved April 4, 2007, from Questia database: http://www. questia. com/PM. qst? a=o&d=101242747 Derektaylor. (2000). Chapter 4 Renewable Energy in Housing.In Sustainable Housing: Principles & Practice (pp. 50-59). London: E & FN Spon. Retrieved April 4, 2007, from Questia database: http://www. questia. com/PM. qst? a=o&d=109201075 Ender, R. L. & Kim, J. C. (Eds. ). (1987). Energy Resources Development: Politics and Policies. New York: Quorum Books. Retrieved April 4, 2007, from Questia database: http://www. questia. com/PM. qst? a=o&d=27459699 Ferrey, S. (2003). Nothing but Net: Renewable Energy and the Environment, MidAmerican Legal Fictions, and Supremacy Doctrine. Duke Environmental Law & Policy Forum, 14(1), 1+. Retrieved April 4, 2007, from Questia database: http://www.questia. com/PM. qst? a=o&d=5005792298 Fukuyama, Francis. â€Å"8 Does â€Å"the West† Still Exist?. † Beyond Paradise and Power: Europe, America, and the Future of a Troubled Partnership. Ed. Tod Lindenberg. New York: Routledge, 2004. 137-161. Jordan, Stuart. â€Å"The Global Warming Crisis. † The Humanist Nov. -Dec. 2005: 23+. Questia. 29 Mar. 2007 . Johansen, Bruce E. The Global Warming Desk Reference. Westport, CT: Greenwood Press, 2002. Lackner, Klaus S. , and Jeffrey D. Sachs. â€Å"A Robust Strategy for Sustainable Energy. † Brookings Papers on Economic Activity (2005): 215+.Laird, F. N. (2001). Solar Energy, Technology Policy, and Institutional Values. Cambridge, England: Cambridge University Press. Retrieved April 4, 2007, from Questia database: http://www. questia. com/PM. qst? a=o&d=105099570 Mayer, Donald O. â€Å"Corporate Governance in the Cause of Peace: An Environmental Perspective. † Vanderbilt Journal of Transnational Law 35. 2 (2002): 585+. Questia. 29 Mar. 2007 . Rubin, J. (1998). Shifting Gears: To Reduce Greenhouse Gas Emissions, the United States Faces Some Tough Choices. Forum for Applied Research and Public Policy, 13(4), 98+.Retrieved April 4, 2007, from Questia database: http://www. questia. com/PM. qst? a=o&d=5001398516 Stern Review-Summary. HM Treasury. 2007. 1-4. 29 Mar. 2007 . Woloski, A. (2006). Fuel of the Future: A Global Push toward New Energy. Harvard International Review, 27(4), 40+. Retrieved April 4, 2007, from Questia database: http://www. questia. com/PM. qst? a=o&d=5014475018 â€Å"Working Together Because Climate Change is Serious Business. † Pew Center on Global Climate Change. Pew Center on Global Climate Change. 29 Mar. 2007 .