Central and Eastern Europe Environmental Issues Essay Example for Free

Central and Eastern Europe Environmental Issues Essay Eastern Europe’s environmental problems are not as simple as they may seem on the surface. The environmental problems that face Eastern Europe are complicated by political, economic, and social implications. The current environmental problems are a bi-product of rapid industrial expansion under a socialist government. The soviet government was more concerned with surpassing the western cultures in technology and military might than the environmental damage they were doing to their country. The following paragraphs will address the current environmental problems facing Eastern Europe, the various solutions to the environmental problems, and the efforts taken to correct the environmental problems. Environmental Problems in Europe Eastern Europe during the 1980s had rapidly become the industrial giant for the Soviet Union. Massive industrial factories would be built throughout the eastern bloc of the Soviet Union and the factories used obsolete technology to provide the industrial needs of the country. The heavy industrial activity characteristic of the post-World War II period took a heavy toll on both the regions population and its environmentâ€Å"(U. S. Environmental Protection Agency, 2010). Various local populations were suffering from high rates of cancer, respiratory issues, and infant mortalities. The environments in the areas around the industrial regions were also being damaged on unprecedented levels. Legacy of Pollution According to the U. S.  Environmental Protection Agency (2010), The outmoded, energy-intensive technologies were such an integral part of Central and Eastern Europe (CEE) and New Independent States of the former Soviet Union (NIS) regions economy in the post-war era not only wasted resources, but also caused severe local, regional, and trans-boundary pollution problems. Not only was the industrial technology outdated, the communication among the post-war government, local governments, and various environmental ministries was ripe with secrecy and non-communication between each other. The results would prove to be catastrophic pollution of the air, surface water, soil, ground water, marine zones, and coastal areas. Air Pollution Air pollution in Eastern Europe is the top concern because of the levels of sulfur dioxide found in all the industrial areas. High levels of sulfur dioxide exposure can lead to asthmatic children and adults, respiratory illness, decreased lung defenses, and worsening of existing cardiovascular diseases. When Sulfur Dioxide is exposed to rain it creates acid rain and raises the acidity level of everything it touches such as soil, lakes, and streams. Buildings corrode faster and there is also a reduction in visibility. Water Pollution Agricultural and industrial practices were causing large spread water pollution because of outdated waste regulation practices and no environmental regulation. According to Liroff (1990), Drinking-water supplies throughout Eastern Europe are heavily contaminated. Vast reaches of the Vistula River in Poland, which drains much of the country, are classified as unfit for use even by industry. The Baltic and Black Sea coasts are badly degraded by domestic sewage, agricultural run-off, and heavy metals and organic pollutants from industry. The Eastern Europe governments have been slow to implement solutions to purify the drinking water in the various regions. Soil Pollution Samples of produce from upper Poland have yielded 30 to 70 higher percentages of cadmium, lead, zinc and mercury then acceptable levels listed by the World Health Organization. The high percentages of these heavy materials indicate how polluted the soil is in the upper polish regions. In Hungary alone, waste generators dispose of more than 500,000 tons waste found in illegal landfills. The local government has trouble tracking any kind of waste transportation and disposal due to obsolete tracking processes, and because not all waste is indicated as waste before being disposed of. Eastern Europe is wreaked with not only environmental problems, but also with government, and local government problems also. The good news is that there are viable solutions to the environmental problems that the Eastern Europe countries are having. Viable Environmental Solutions The environmental problems that face Central and Eastern Europe are much the same as any other country in the world with one exception, the proximity of the environmental hazards. Most countries in the world deal with environmental hazards, but the hazards are spread out over different parts of the country. Central and Eastern Europe are unique when it comes to environmental disasters because Central and Eastern Europe was the industrial might behind the soviet military. For every environmental disaster Central and Eastern Europe faces, there is a viable solution thanks to modern technology and proven environmental regulations. Possible environmental solutions Because of the vast environmental disasters throughout Central and Eastern Europe there are several possible environmental solutions. The possible environmental solutions that Central and Eastern Europe are considering will be decided by the cost of the solution, ease of implementation, and consultation from environmental agencies such as the United States Environmental Agency. Even with the various economic, governmental agency communication problems, and various ecological disasters Central and Eastern Europe have a number of viable solutions. Air Pollution Solutions One of the possible remedies for air quality in Europe would be to switch to burning low sulfur coal. When coal is burned, carbon dioxide, sulfur dioxide, nitrogen oxides, and mercury compounds are released. For that reason, coal-fired boilers are required to have control devices to reduce the amount of emissions that are released. The amount of sulfur oxides produced by power can be reduced by using coal with low amounts of sulfur present. Another possible air solution would be to use scrubbers. Scrubbers are an air pollution control system that removes pollutants from the air stream they are most commonly used to help control the emissions of sulfur into our air. There are a few types of scrubber, Air scrubbers, wet scrubbers, and gas scrubbers are differentiated by the manner in which they remove gases and particulates from the air; either wet or dry. Wet scrubbers literally wash dust and particles out of the air. Exhaust air is forced into a spray chamber, where fine water particles cause the dust to drop from the air stream. The dust-laden water is then treated to remove the solid material and is often re-circulated. Dry scrubbers are used more commonly with acid gases. The pollutant is collected on or in a solid or liquid material, which is injected into the gas stream. A dry scrubber produces a dry product that must be collected downstream from this control device. Water Pollution Solutions One of the many possible water pollution solutions would be aeration. Aerating is the process to bring river water at the bottom of rivers up to the surface so that the entire river is oxygenated by the atmosphere surface to bottom. They can do this by pumping air into bodies of water at the very bottom. On the other hand Central and Eastern Europe could use more wastewater treatment plants these types of plants would drastically help the water quality in Central and Eastern Europe by removing harmful bacteria’s, animal wastes and pollutants and then recycling the clean water back into their system.. Soil Pollution Solutions There are many different types of soil pollution that hurt the environment and by treating Sewage before dumping wastes would cut back on many of the current environmental issues. Spraying pesticides may be good for the crops but it’s destroying the soil and the drain off into the water system is affected by this as well. Cutting down on the usage of fossil fuels would create less solid waste and harmful gasses that may seep into the soil. Eastern Europe needs to adapt to more of these possible solutions. Using low sulfur coals, Scrubbers and limestone in the remedies of air pollution would set a chain reaction in the environment the water would then become cleaner along with the soil. These remedies may not fix the issue completely for Eastern Europe, but it would help them greatly. Efforts to correct  Central and Eastern Europe have been left untouched since the end of the Nazi/German rule and the fall of the Great Berlin Wall on November 9th, 1989. Many of the people living in such a terrible environment still struggle every day to survive, but it is not a war against other countries it has turned into an environmental war and one that is near impossible for them to win without help. As with most all larger countries around the world Eastern and Central Europe are suffering from the same types of environmental issues but, in their case they do not have the means that we do in order to make the necessary changes that they need. Practical and low cost solutions need to be the wave of the future and used as often as possible. The problems need to be prioritized based on the highest health risk and the surrounding public will be educated and involved in its’ own environmental decision making. AIR- Airborne pollution is said to be one of the greatest environmental risks identified in the region. There is a large amount of sulfur dioxide found in the air, it comes from several different places but are byproducts of several different types of older industrial facilities like the old coal burning power plants that used to be found there (EPA). The United states are one of the few countries in which it is a law for vehicle owners to participate in an annual emissions test. The Czech government however has accelerated its’ efforts in cleaning the air pollution through it $240 million project that will assist its residents in converting homes from coal to natural gas in hopes to subsidize conversion costs (EPA). Along with this local agencies in many areas lack the equipment needed to assess and identify local problems so the Krakow Air Monitoring project. This project is under the supervision of the EPA and the Polish environmental experts are working together to identify and measure the major sources of industrial, residential and vehicle emissions testing (EPA). Along with such a huge problem facing the countries the EPA has also transferred some very low-cost techniques to help them out. Water pollution- Along with clean air there is the Krakow Water and Wastewater Improvement project, the idea here is to provide safe drinking water to city residents. Most people are drinking from contaminated drinking sources, especially those outside of the city limits. The idea here is not only to decontaminate the water before it is consumed, but to attack the problem at the source and to educate the people of the possible affects that waste dumping in unsecure facilities can have on them and their families. The Krakow project as a result installed modern ozonation and chlorination equipment that in turn disinfected the drinking water of 400,000 residents in the area. It also focused on the improvement the forming of the Raba River Watershed Association as well as focusing on the agricultural runoff into local streams and rivers (EPA). In addition to this a team of EPA, Wisconsin, and Latvian environmental managers have also come up with a solution to protect supplies of future ground water in Daugavplis, this is where the national ground water protection strategy is based. Solid and Hazardous Waste- All types of waste needs to be dumped somewhere and the most contaminated solid waste sites are often found on military bases in Eastern Europe. They can be found on active or former military base cites, these are still dumping cites. Children in these areas are affected the most and are still being diagnosed with very high blood-lead levels, due to these case studies the EPA has provided special equipment and training to local officials to assess possible impacts of lead exposure. Due to such high levels of exposure in certain areas additional support has been provided by Romanian officials to assist areas in the cleanup of contaminated soil, the Czech Council of Ministers even committed to assist the cleanup of future development cites by approving $40 million to get started, this is called Project Selesia. This is not the only cleanup plan in effect there is also the Solid Waste Policy Demonstration Project, this idea helps to train local communities in the proper way to carry out more effective policies of cleaning and recycling waste. Pilot programs include the construction of new sanitary landfills, the cleanup of existing landfills, curbside recycling, are probably the most important public outreach programs taking place (EPA). Technology Transfer- the EPA has also helped with the development of a geographic information system (GIS), this system helps to track different trends that occur over time. The GIS is a computer-based mapping system that over time will store and track other environmental information that identifies pollution source and tracks it over time. This system will help the public become more informed and promote better decision making (EPA). The Radiation and Nuclear Safety Manage ment Project is yet one more idea that is hoped to assist different storage areas of nuclear material in a quick-turnaround of radiochemistry data in case of any future leaks and potential disasters. To be able to assist such tracking a mobile radioecology laboratory was created by the EPA along with the United Nations Development Program and USAID, have provided the Ukraine with possibly one of the world’s best equipped mobile radiation monitoring laboratories. This lab is monitored by both the EPA project team and Ministry officials have since been conducting on-site contamination assessments of potential public health threats all around the country (EPA).

Privacy Concerns Essay -- Technology, DNA Databases

Privacy Concerns Most studies have shown that popular opinion holds that without a doubt national DNA databases have proved useful in criminal investigations (Wallace, 2006, pS27). The concept of a national DNA database has raised concern about privacy and human rights as seen through the scope of public safety. All of these concerns are elevated with databases include convicted, arrestee, innocent, and â€Å"rehabilitated† offenders (Suter, 2010, p339). Robin Williams of University of Duham (2006) asserts that: â€Å"The rapid implementation and continuing expansion of forensic DNA databases around the world has been supported by claims about their effectiveness in criminal investigations and challenged by assertions of the resulting intrusiveness into individual privacy† (p545). To determine the balance between privacy and public safety legislation must address many questions including (but not limited to): when is a sample required to be obtained and by whom, is consent required, is force ever acceptable to obtain a sample, and which samples should be retained? Dr Katina Michael has reported that some instances that constitute acceptable DNA sample collection and storage (Table 4). The United States, England and Wales contain legislation that authorizes the collection of DNA from individuals arrested for violations of certain federal criminal laws and inclusion into the national DNA database of all profiles. Primary concerns focus these legal authorizations address privacy of a person and legal search and seizures of biological samples. For many countries like the United States there is a need to enact special legislation which led to delays in the implementation of DNA databases (Goodwin, et al., 2007, p102). In the United Sta... ...data from law enforcement databases† for those who receive acquittals or whose convictions are overturned; there is no reference to physical DNA samples (Lwin, 2010, p21). Historically, legislative proposals purpose indefinite retention of evidentiary DNA samples, however the US, unlike England and Wales, does not refer to retention periods for genetic information post sentence completion. Individuals may find concern for personal genetic identifiers if the physical sample is retained post sentence completion, acquittal or if found innocent (Congressional Research Service, 2010, pp13-14; Beiber, 2002, p14). Studies assert the method of sample collection, accreditation of agencies collecting samples, legislative limits on retention periods for biometric information and a focus on balancing privacy and crime deterrence will structure a successful DNA database model.

Blaine Kitchenware Inc. Essay

To review Blaine Kitchenware Inc.’s (BKI) current debt, equity and leverage levels with respect to the highly advisable repurchase of 14 million shares of stock at $18.50 per share and the related, necessary financing. BKI is currently highly over-liquid and under-levered. The firm can anticipate elevated tax rates due to the lack of debt held. BKI has also experienced falling earnings per share (EPS) due to the over issuing of stock. Similarly the large quantity of outstanding shares of stock has led to below average returns to shareholders and a return on equity (ROE) below the competitors’ ROEs. BKI can offset these downward trends by increasing leverage—i.e. increasing debt—and reversing the dilutive acquisitions. BKI is highly recommended to obtain a 25 year loan of $50 million at 6.75% with which to repurchase 14 million of its outstanding shares of stock at the price of $18.50 per share, $2.25 above current stock price. Balance Sheet Impact As shown below, under the appendix, the pro forma balance sheet demonstrates forecasted values if BKI continues without action to increase leverage and decrease outstanding stock. BKI can expect to have $ 510,624,920.99 in stockholders’ equity and $ 96,011,793.33 in cash and cash equivalents on which BKI will be liable at a 40% tax rate, significantly higher than previous fiscal years. Based on trends from 2004-2006, BKI can predict increases in current asset accounts and marginal decreases in fixed asset accounts. Without the pursuit of repurchase and increased debt, BKI’s current liabilities accounts will also experience marginal increases while other liabilities and deferred taxes decrease and long term debt remains at zero. Furthermore, before the repurchase of stock, BKI’s equity accounts may continue to increase. Applying the repurchase strategy to calculated three year trends, BKI’s forecasted balance sheet accounts have significantly lower cash and cash equivalent account, increased market securities, accounts receivables, inventory, and other current assets accounts. Fixed assets are expected to decrease based on three year trends while current liabilities increase. The repurchase will require financing which will be attained through a 25 year fixed rate loan of 50 million. At the end of the first year term, BKI will have long term debt of 50 million minus first year principal component of $819,345.59 equaling $ 49,180,654.41. Other liabilities and deferred taxes however, may decrease marginally. In addition, with the repurchase of 14 million shares, stockholders’ equity is expected to decrease to $ 251,624,920.99 from $488,363,000.00 in 2006. Income Statement Impact Three year trends suggest BKI will have increased revenue, increased cost of goods sold, thus elevated gross profits, rising selling, general, and administrative costs, and decreased depreciation and amortization expenses. Overall, trends indicate earnings before interest and taxes may be higher than 2006 EBIT. Without the stock repurchase strategy, BKI may experience tax expense of $ 34,922,882.71 as opposed to tax expense amounting to $ 29,355,346.62 (calculated using 2007 federal income tax brackets as shown under appendix below) if BKI undergoes the stock repurchase strategy. Without undergoing the stock repurchase plan, BKI will have no interest expense and net income of $ 52,384,324.06. BKI will have dividend expense of $29,230,740.00. By undergoing the stock repurchase, BKI will earn net income of $54,576,860.15 which takes into account the interest expense of $3,375,000.00 associated with the loan to finance the stock repurchase. Impact on financial ratios Operating performance impact ROE: BKI’s return on equity ratio currently below average and below competitors’ will continue to drop based on the firm’s performance trends in the last three years to a 10% level. The anticipated ROE with the stock repurchase plan is 22%, third highest ROE, and while not quite above the industry average, sufficiently above the industry median. EPS: Earnings per share is expected to increase to $1.21 with the stock repurchase plan while if the plan is forgone, BKI can anticipate earning a mere $0.89 per share outstanding. An EPS of $0.89 is lower than the firm’s historical EPS and unappealing to future investors. Leverage: Leverage will increase overall after the stock repurchase and withdrawal of the $50 million bank loan. As shown below, debt ratio increases with the addition of the long term debt which drives up total liabilities with respect to total assets. Long term debt to total capitalization increases as well as debt to equity since BKI will have a long term debt significantly higher than its stockholders’ equity suggesting long term debt is used for permanent financing. Interest Coverage: After the stock repurchase, BKI can cover its interest expense over 20 times with the operating profit earned based on the times interest earned ratio. Expected Cost of Financial Distress BKI may have concerns with financial distress and guaranteeing that all operational costs are covered when leverage is increased. The cost of financial distress for BKI is determined by subtracting the BKI’s weighted cost of debt, 5.22% from the the rate of interest paid by firms that are not in financial distress in the same industry, based on Moody’s AAA rating is 5.88%. This results in a 0.66% cost of financial distress or $100,452,019.96 after the stock repurchase and $ 67,992,788.05 before the stock repurchase.

Fictitious Company Business Plan - 2501 Words

Pan Pacific Marketing Consultants Business Plan Contents Executive Summary Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â… 3 Objectives Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…..Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â….. 3 Mission Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â….Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â….3 Critical Success Factors Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…. 4 Internal Factors Â…Â…Â…Â…Â…Â…Â…Â…Â…..Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…. 4 External (Business Environment) Factors Â…Â…Â…Â….Â…Â…Â…Â…Â….. 4 Company Summary Â…Â…Â…Â…Â…Â…...Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…. 5 Services Â…...Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…. 5 Competitive Comparison Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…..Â…Â…. 5 Sales Literature Â…Â…Â…Â…Â…Â…Â…Â…Â…..Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…. 6 Sourcing Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…..Â…Â…Â…Â…. 6 Market Analysis Summary Â…Â….Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â… 6 Market Segmentation Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…. 6 Target Market Segmentation StrategyÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…. 6 Competition and Buying Patterns Â…Â…Â…Â…Â…Â…Â…Â…Â….Â…Â…Â…Â… 7 Strategy and†¦show more content†¦Being a market intelligence services provider, business and market development consulting services provider, and business and sales representative, Pan Pacific Marketing Consultants demonstrates a successful approach in converting its reputation into an excellent brand to ensure the conversion of its clients knowledge into their intellectual property, thus creating value for its clients. 2. Excellence in fulfilling the promise. Clients do not buy features, they buy benefits. To realize a benefit, a claim must be made and proof presented. This company has had success on claim after claim. 3. Developing visibility to generate new business leads. Participation by the company in online business affiliations with reputable global players of e-business technology is a necessity. Two of these players are Palo Alto Software and B2BToday.com. Strategic relationships must also be made with companies, government institutions, regional (provincial) government offices, and NGOs, as well as with individual customers. 4. High-quality service and customer satisfaction. Everything the company sells is guaranteed; therefore, the services have to do what the customers want, and do it well. Long-term customer satisfaction is critical to the survival of the company. 5. Create multiple opportunities from a single line of expertise. 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