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Economic History, Historical Analysis, and the “New History of Capitalism”
Preliminary Draft- Comments Welcome Economic History, Historical Analysis, and the “New History of Capitalism” Eric Hilt* Department of Economics Wellesley College and NBER December, 2016 Abstract: This paper presents a critical survey of ten books from the history of capitalism, a newly emerging subfield of history. The books include Sven Beckert’s Empire of Cotton, Edward Bapitst’s The Half Has Never Been Told, and others on finance, risk, and conservative economic doctrines. The critical perspective of this new literature, which emphasizes the human costs of economic development, distinguishes it from the field of economic history. At their best, the books offer provocative insights and vivid descriptions of some of the darker episodes of our economic past. Yet their neglect of social scientific methods and lack of engagement with the economic history literature undermines their analysis and their effectiveness as social criticism. In this paper I highlight insights from the field of economic history that would strengthen the future work of historians of capitalism. I also suggest some questions that might create opportunities for cross-pollination, if not collaboration, between the two communities of scholars. * Email: [email protected]. I would like to thank Bill Collins, Ann Carlos, Peter Conti-Brown, Robert DuPlessis, Philip Hoffman, John Majewski, Naomi Lamoreaux, Noam Maggor, Petra Moser, Dan Raff, Paul Rhode, Caitlin Rosenthal, Gavin Wright, and seminar participants at the University of Pennsylvania for helpful comments and suggestions. I. Introduction Economic history was once a deeply interdisciplinary field. The Economic History Association was founded by members of both the American Historical Association and the American Economic Association, and the early volumes of the Journal of Economic History included numerous contributions by historians. -
The Rise and Decline of Catching up Development an Experience of Russia and Latin America with Implications for Asian ‘Tigers’
Victor Krasilshchikov The Rise and Decline of Catching up Development An Experience of Russia and Latin America with Implications for Asian ‘Tigers’ ENTELEQUIA REVISTA INTERDISCIPLINAR The Rise and Decline of Catching up Development An Experience of Russia and Latin America with Implications for Asian `Tigers' by Victor Krasilshchikov Second edition, July 2008 ISBN: Pending Biblioteca Nacional de España Reg. No.: Pending Published by Entelequia. Revista Interdisciplinar (grupo Eumed´net) available at http://www.eumed.net/entelequia/en.lib.php?a=b008 Copyright belongs to its own author, acording to Creative Commons license: Attribution-NonCommercial-NoDerivs 2.5 made up using OpenOffice.org THE RISE AND DECLINE OF CATCHING UP DEVELOPMENT (The Experience of Russia and Latin America with Implications for the Asian ‘Tigers’) 2nd edition By Victor Krasilshchikov About the Author: Victor Krasilshchikov (Krassilchtchikov) was born in Moscow on November 25, 1952. He graduated from the economic faculty of Moscow State University. He obtained the degrees of Ph.D. (1982) and Dr. of Sciences (2002) in economics. He works at the Centre for Development Studies, Institute of World Economy and International Relations (IMEMO), Russian Academy of Sciences. He is convener of the working group “Transformations in the World System – Comparative Studies in Development” of European Association of Development Research and Training Institutes (EADI – www.eadi.org) and author of three books (in Russian) and many articles (in Russian, English, and Spanish). 2008 THE RISE AND DECLINE OF CATCHING UP DEVELOPMENT Entelequia.Revista Interdisciplinar Victor Krasilshchikov / 2 THE RISE AND DECLINE OF CATCHING UP DEVELOPMENT C O N T E N T S Abbreviations 5 Preface and Acknowledgements 7 PART 1. -
Alternative Feedstocks in Chemicals Manufacturing
Alternative Feedstocks in Chemicals Manufacturing Joanna McFarlane and Sharon Robinson Green Chemistry and Green Engineering Conference American Chemical Society Washington DC June 27, 2006 High Feedstock Prices Negatively Impact the Chemical Industry • The high cost of natural gas has eliminated the competitive advantage for U.S. chemical production • As fuel prices rise, chemical manufacturers are shutting down domestic production and moving plants to Asia & Middle East − 50% of methanol, 45% of ammonia, and 15% of ethylene capacities have been shut down in U.S. since 2000 − U.S. import of fertilizers increased to 45% from 10% in 1990 − In 2005 8,400 jobs were lost in the chemical industry − Industry went from an 80-yr trade surplus ($20B in 1995) to trade deficits beginning in 2002 Sources: Guide to the Business of Chemistry 2005 Chemicals IOF Annual Report 2004 June 27, 2006 Energy Independence Issue: Industrial Use of Petroleum & Natural Gas 30 25 20 15 Quads/yr 10 Petroleum 5 Natural Gas Feedstock Energy Usage 0 4% of Total U.S. Energy Consumption 3% of Total U.S. Natural Gas Consumption Petrochem Ind Other Industry Electric June 27, 2006 Residential Commercial Transportation Alternative Feedstock Options for Producing Large-Volume Chemicals • Coal – gasification and liquefaction • Biomass – thermochemical, biological processes, pyrolysis • Methane – stranded, unconventional, and hydrates • Unconventional petroleum – oil shale, tar sands, heavy oil • Novel pathways – CO2/H2O, methane, hydrogen to hydrocarbons June 27, 2006 Selected -
The Top 50 Commodity. Chemicals: Impact of Catalytic Process Limitations on Energy, Environment, and Economics
,,. , I /. I; i :<. .' ,'- \ -. I, 'I ., ,I ' ''I PNL-10684 ' UC-60 1 The Top 50 Commodity. Chemicals: Impact of Catalytic Process Limitations on Energy, Environment, and Economics Anna Lee Y. Tonkovich, Ph.D. Mark A. Gerber August 1995 Prepared for the U. S. Department of Energy, Office of Industrial Technology Biological Chemical Technologies(OR), Research @CTR) under contractand DE-ACO6-76RLO 1830 Program Pacific Northwest Laboratory * Richland, WA 99352 DISCLAIMER Portions of this document may be illegible in electronic image products. Images are produced from the best available original document. Executive Summary The production processes for the top 50 U. S. commodity chemicals waste energy, generate unwanted byproducts, and require more than a stoichiometric amount of feedstocks. Pacific Northwest Laboratorya has quantified this impact on energy, environment, and economics for the catalytically produced commodity chemicals. An. excess of 0.83 quads of energy per year in combined process and feedstock energy is required. The major component, approximately 54%, results from low per-pass yields and the subsequent separation and recycle of unreacted feedstocks. Furthermore, the production processes, either directly or through downstream waste treatment steps, release more than 20 billion pounds of carbon dioxide per year to the environment. The cost of the wasted feedstock exceeds 2 billion dollars per year. Process limitations resulting ‘from unselective catalysis and unfavorable reaction thermodynamic constraints are the major contributors to this waste. Advanced process concepts that address these problems in an integrated manner are needed to improve process efficiency, which would reduce energy and raw material consumption, and the generation of unwanted byproducts. -
CURRICULUM VITAE August, 2015
CURRICULUM VITAE August, 2015 Robert James Shiller Current Position Sterling Professor of Economics Yale University Cowles Foundation for Research in Economics P.O. Box 208281 New Haven, Connecticut 06520-8281 Delivery Address Cowles Foundation for Research in Economics 30 Hillhouse Avenue, Room 11a New Haven, CT 06520 Home Address 201 Everit Street New Haven, CT 06511 Telephone 203-432-3708 Office 203-432-6167 Fax 203-787-2182 Home [email protected] E-mail http://www.econ.yale.edu/~shiller Home Page Date of Birth March 29, 1946, Detroit, Michigan Marital Status Married, two grown children Education 1967 B.A. University of Michigan 1968 S.M. Massachusetts Institute of Technology 1972 Ph.D. Massachusetts Institute of Technology Employment Sterling Professor of Economics, Yale University, 2013- Arthur M. Okun Professor of Economics, Yale University 2008-13 Stanley B. Resor Professor of Economics Yale University 1989-2008 Professor of Economics, Yale University, 1982-, with joint appointment with Yale School of Management 2006-, Professor Adjunct of Law in semesters starting 2006 Visiting Professor, Department of Economics, Massachusetts Institute of Technology, 1981-82. Professor of Economics, University of Pennsylvania, and Professor of Finance, The Wharton School, 1981-82. Visitor, National Bureau of Economic Research, Cambridge, Massachusetts, and Visiting Scholar, Department of Economics, Harvard University, 1980-81. Associate Professor, Department of Economics, University of Pennsylvania, 1974-81. 1 Research Fellow, National Bureau of Economic Research, Research Center for Economics and Management Science, Cambridge; and Visiting Scholar, Department of Economics, Massachusetts Institute of Technology, 1974-75. Assistant Professor, Department of Economics, University of Minnesota, 1972-74. -
Scandals and Abstraction: Financial Fiction of the Long 1980S
Scandals and Abstraction Scandals and Abstraction financial fiction of the long 1980s Leigh Claire La Berge 1 1 Oxford University Press is a department of the University of Oxford. It furthers the University’s objective of excellence in research, scholarship, and education by publishing worldwide. Oxford New York Auckland Cape Town Dar es Salaam Hong Kong Karachi Kuala Lumpur Madrid Melbourne Mexico City Nairobi New Delhi Shanghai Taipei Toronto With offices in Argentina Austria Brazil Chile Czech Republic France Greece Guatemala Hungary Italy Japan Poland Portugal Singapore South Korea Switzerland Thailand Turkey Ukraine Vietnam Oxford is a registered trade mark of Oxford University Press in the UK and certain other countries. Published in the United States of America by Oxford University Press 198 Madison Avenue, New York, NY 10016 © Oxford University Press 2015 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, without the prior permission in writing of Oxford University Press, or as expressly permitted by law, by license, or under terms agreed with the appropriate reproduction rights organization. Inquiries concerning reproduction outside the scope of the above should be sent to the Rights Department, Oxford University Press, at the address above. You must not circulate this work in any other form and you must impose this same condition on any acquirer. Library of Congress Cataloging-in-Publication Data La Berge, Leigh Claire. Scandals and abstraction : financial fiction of the long 1980s / Leigh Claire La Berge. pages cm Includes index. ISBN 978-0-19-937287-4 (hardback)—ISBN 978-0-19-937288-1 (ebook) 1. -
Toxic Industrial Chemicals
J R Army Med Corps 2002; 148: 371-381 J R Army Med Corps: first published as 10.1136/jramc-148-04-06 on 1 December 2002. Downloaded from Toxic Industrial Chemicals Introduction location to another. Depending on the The first chemical warfare agent of the available routes of movement, and quantity modern era, chlorine, was released with of chemical to be moved, transport can occur devastating effect on 22 April 1915 at Ypres, by truck or rail tank cars, over water by barge Belgium. Along a 4 mile front, German or boat, over land through above- or below- soldiers opened the valves of 1,600 large and ground pipelines and by air. 4,130 small cylinders containing 168 tons of Toxic chemicals may be produced by the chlorine.The gas formed a thick white cloud burning of materials (e.g., the burning of that crossed the first allied trenches in less Teflon produces perfluoroisobutylene) or by than a minute.The allied line broke, allowing their reaction if spilled into water (e.g. silanes the Germans to advance deep into allied produce hydrogen chloride and cyanides, territory. If the Germans had been fully hydrogen cyanide). prepared to exploit this breakthrough, the course and possibly the outcome of WWI Toxic Industrial Chemicals may have been very different. (TICs) Chlorine is a commodity industrial A Toxic Industrial Chemical (TIC) is defined chemical with hundreds of legitimate uses; it as: is not a "purpose designed" chemical warfare an industrial chemical which has a LCt50 agent. Phosgene, another commodity value of less than 100,000 mg.min/m3 in industrial chemical, accounted for 80% of any mammalian species and is produced in the chemical fatalities during WWI. -
CONCAWE Review Vol. 23, No. 1
Petrochemical feedstocks: the cornerstone of competitiveness Future outlook While the chemicals The future of much of Europe’s chemical industry depends heavily upon the availability of affordable industry will remain petrochemical feedstocks. largely reliant on In the Middle East, where petrochemical feedstocks are petrochemical-based cheap, and in China, where demand is surging, pro- feedstocks for decades ducers are substantially increasing capacity for a wide range of petrochemicals including polypropylene and to come, the scope for polyethylene. In the USA, cheap shale gas and eco- greater use of nomic recovery are driving a chemical industry invest- ment bonanza. But demand growth in the European renewables as Union is weak and output growth is modest. feedstocks cannot be The challenge for the chemical industry is two-fold. First, ignored. Europe is highly dependent upon imported feedstock. including enzymes, vitamins, organic acids, amino Oil, the most important, is globally traded, and input acids, polymers and thickeners for industries ranging prices are competitive. But because European gas from advanced materials to the pharmaceutical, food prices are generally high, we are at a competitive disad- and feed industries. Animal fats and vegetable oils are vantage for chemicals that use natural gas as a feed- used in the production of detergents and coatings, and stock, such as ammonia, hydrogen and the precursors natural extracts are turned into additives for personal of polyamides and methanol. Second, many industrial care and cosmetics products. processes for petrochemicals are energy intensive: cheap gas or electricity elsewhere leaves European More recently, consumer demand has powered the chemical producers at a competitive disadvantage. -
Escaping from the Commodity Dependence Trap Through Technology and Innovation
UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT COMMODITIES & DEVELOPMENT REPORT 2021 Escaping from the Commodity Dependence Trap through Technology and Innovation Geneva, 2021 © 2021, United Nations All rights reserved worldwide Requests to reproduce excerpts or to photocopy should be addressed to the Copyright Clearance Center at copyright.com. All other queries on rights and licences, including subsidiary rights, should be addressed to: United Nations Publications 405 East 42nd Street New York, New York 10017 United States of America Email: [email protected] Website: https://shop.un.org/ The designations employed and the presentation of material on any map in this work do not imply the expression of any opinion whatsoever on the part of the United Nations concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. Mention of any firm or licensed process does not imply the endorsement of the United Nations. United Nations publication issued by the United Nations Conference on Trade and Development. UNCTAD/DITC/COM/2021/1 ISBN: 978-92-1-1130188 eISBN: 978-92-1-403046-1 ISSN: 2519-8580 eISSN: 2524-2709 Sales No.: E.21.II.D.14 COMMODITIES & DEVELOPMENT Escaping from the Commodity Dependence Trap through Technology and Innovation REPORT 2021 Acknowledgements The Commodities and Development Report 2021: Escaping from the Commodity Dependence Trap through Technology and Innovation was prepared by Janvier D. Nkurunziza (team leader), Stefan Csordás and Marco Fugazza, from the Commodities Branch of the Division on International Trade and Commodities of the United Nations Conference on Trade and Development (UNCTAD). -
Attachment 8
Environmental Assessment for Food Contact Notification FCN 1641 http://www.fda.gov/Food/IngredientsPackagingLabeling/EnvironmentalDecisions/default.htm ATTACHMENT 8 ENVIRONMENTAL ASSESSMENT 1. Date: February 10, 2016 2. Name of Applicant/Petitioner: Solvay Chemicals, Inc. 3. Address: 3333 Richmond Avenue Houston, Texas 77098 Lewis & Harrison LLC (Agent) 122 C Street NW Suite 505 Washington DC 20001 4. Description of Proposed Action: A. Requested Action This Food Contact Notification (FCN) requests the clearance of a food-contact substance (FCS) that is an aqueous solution containing peroxyacetic acid (PAA), hydrogen peroxide, acetic acid (AA), hydroxyethylidene 1,1-diphosphonic acid (HEDP), dipicolinic acid (DPA) and sodium hydroxide (NaOH). The FCS will be used in food processing facilities as an antimicrobial agent used in: 1) process water (processing aid) and ice used in the production and preparation of poultry products such as post-main chiller (air or water) secondary processing of whole birds, carcasses, parts and pieces, skin on or off and organs, in the washing, rinsing, cooling and processing of poultry products; and pre-air chiller dip tanks and post-main water chiller systems as finishing chillers; in spray, wash, rinse, dip, chiller water, low-temperature (e.g., less than 40oF) immersion baths, or scald water for whole or cut poultry carcasses, parts, trim, and organs; and, 2) Process water, ice, or brine used for washing, rinsing, or cooling of processed and pre formed meat as defined in 21 CFR 170.3(n)(29) and poultry -
Organic Commodity Chemicals from Biomass
CHAPTER 13 Organic Commodity Chemicals from Biomass I. INTRODUCTION Biomass is utilized worldwide as a source of many naturally occurring and some synthetic specialty chemicals and cellulosic and starchy polymers. High- value, low-volume products, including many flavorings, drugs, fragrances, dyes, oils, waxes, tannins, resins, gums, rubbers, pesticides, and specialty polymers, are commercially extracted from or produced by conversion of biomass feedstocks. However, biomass conversion to commodity chemicals, which includes the vast majority of commercial organic chemicals, polymers, and plastics, is used to only a limited extent. This was not the case up to the early 1900s. Chars, methanol, acetic acid, acetone, and several pyroligneous chemicals were manufactured by pyrolysis of hardwoods (Chapter 8). The naval stores industry relied upon softwoods as sources of turpentines, terpenes, rosins, pitches, and tars (Chapter 10). The fermentation of sugars and starches supplied large amounts of ethanol, acetone, butanol, and other organic chemi- cals (Chapter 11). Biomass was the primary source of organic chemicals up to the mid- to late 1800s when the fossil fuel era began, and was then gradually displaced by 495 496 Organic Commodity Chemicals from Biomass fossil raw materials as the preferred feedstock for most organic commodities. Aromatic chemicals began to be manufactured in commercial quantities as a by-product of coal coking and pyrolysis processes in the late 1800s. The production of liquid hydrocarbon fuels and organic chemicals by the destruc- tive hydrogenation of coal (Bergius process) began in Germany during World War I. The petrochemical industry started in 1917 when propylene in cracked refinery streams was used to manufacture isopropyl alcohol by direct hydration. -
The Case Against U.S. Crude Oil Exports Researched and Written by Lorne Stockman
October 2013 The Case againsT U.s. CrUde Oil expOrTs Researched and written by Lorne Stockman. With thanks to Paulina Essunger and David Turnbull for comments. Design: [email protected] Cover photo: iStock ©Ngataringa Published by Oil Change International 714 G Street SE, Suite 202 Washington, DC 20003 [email protected] www.priceofoil.org © All rights reserved October 2013 Contents executive summary 4 Crude Oil Exports Will Undercut Climate Goals 4 Report Outline 4 1. Boom! 6 Tight Oil Fever: Can the Hyperbole be Believed? 9 2. Mismatch: Why U.s. Refineries are Awash in tight oil 11 Tight Oil’s Inconvenient Geography 11 Tight Oil’s Inconvenient Chemistry 13 Product Yields: Why Tight Oil is Too Light for Some U.S. Refining Markets 13 Bad Timing: Light Oil Growth in a Heavy Oil Market 14 3. Unburnable Carbon: Why U.s. Crude exports Will Undermine Climate Goals 16 4. Current Crude export Regulations 20 5. Crude oil exports Past and Present 22 Current Export Licenses 23 Foreign Crude Exports: A Route Out of North America for the Tar Sands 25 6. Boom or Bust! Increasing Calls for U.s. Crude oil exports May Be Gaining traction 26 Industry’s Dissenting Voices 29 7. Will the tight oil Refining Wall ever Really Hit? 31 The Growing North American Market for Tight Oil 31 Refinery Modifications: Increasing U.S. Capacity to Refine Light Oil 31 Splitters: One Answer to the Condensate Problem 32 Exploiting Loopholes 33 8. Conclusion 34 Figure 1. Bakken Tight Oil Fracking Schematic 6 Figure 2. Tight Oil Production, 2000 to 2012 7 Figure 3.