A real life example is used to illustrate how the discipline of a business case analysis can and should be applied to determine the implications of a new development project to the finance of a municipality.
The tight oil revolution is brought on by cheap debt and leverage. Should it unravel one day, then it would not be surprising that the first domino to fall will likely be from the capital markets.
In a what-if analysis, Deutsche Bank calculates the price threshold of oil below which would not only cause catastrophic events in the high yield bond market where tight oil companies raise their capital, but also send a shock wave across the entire high yield bond segment.
The slump in oil prices is especially problematic for the tight oil industry which is dependent on cheap debt. Oil prices hovering around $80, if sustained, do not bode well with future supply of the liquid fuels.
Thanks to the stunning drop in the cost and energy input required in its manufacturing process, the energy payback times of solar PV systems have shrunk so dramatically that mass adoption of this renewable energy source is at hand.
In light of the fact that the issue of suburban sprawl has surfaced again as one of the important election issues in Maple Ridge, BC, a questionnaire has been put together asking all mayoral and council candidates to state their level of agreement to t …
Our society, the complexity of which is built upon a large surplus of net energy, will experience the effects of the energy curve and potentially even the energy cliff as the quality of our energy sources continues to degrade.
In a growing city such as Maple Ridge, BC, leapfrogging suburban developments are adding more inventories to the city’s asset base and making its infrastructure deficit worse than it already is.
Apart from its commonly known costs, suburban sprawl is hitting municipal governments with hidden costs as a result of misguided policies.
Squeezed between the rapidly rising cost of oil production and our society’s inability to digest high oil prices, the dynamics of the oil depletion spiral will be delivering increasingly frequent bouts of pain to our oil dependent economies.