Models of capital investment in industrial organization typically treat bankruptcy as an involuntary and final outcome, yet firms that file under Chapter 11 of the U.S. Bankruptcy Code typically do so voluntarily and with the expectation that they will eventually emerge. Moreover, Chapter 11 permits cancellation or renegotiation of longterm contracts for labor and capital, effectively providing...

Coal-fired power plants account for nearly 50% of U.S. electricity supply and about a third of U.S. emissions of CO(2), the major greenhouse gas (GHG) associated with global climate change. Thermal power plants also account for 39% of all freshwater withdrawals in the U.S. To reduce GHG emissions from coal-fired plants, postcombustion carbon capture and storage (CCS) systems are receiving consi...

The article presents the main provisions of concept design SVBR-100 civilian reactor that meets requirements for Generation IV nuclear technologies, which is being developed on basis a critically analyzed experience in developing and operating lead-bismuth-cooled plants. authors describe current status project prospects use such plants power industry after demonstrating their reliability safety...

Currently, China is pursuing a long-term expansion of its nuclear power program and plans to reprocess the resulting civilian spent fuel, recycling the plutonium in MOX fuel for LWRs and in fast breeder reactors. China presently operates three civilian nuclear power reactors, but it plans to build about 20 reactors by 2020. A pilot civilian reprocessing plant has been built at Lanzhou, with a c...

the relationship between productivity of economic sectors, effective real exchange rate, and purchasing power is a burning economic issue. based on the “balassa – samuelson” theory, higher economic productivity for tradeable goods leads to an increase in effective real exchange rate which is indicative of higher value of domestic money and higher purchasing power of money. the purpose of this s...

Electricity supply may be entering a period of significant change, and currently there are conflicting visions for the reshaped industry. A major share of the uncertainty revolves around the pressing need for carbon emissions abatement, while at the same time, there is an additional and growing requirement of modern economies for high power quality and reliability (PQR). The developed economies...

Although pseudorabies virus can affect a wide range of mammalian and avian hosts, swine are the only natural hosts of the virus. The US commercial swine industry obtained pseudorabies-free status in 2004, which was important because of the economic value of domestic swine production; however, feral swine remain competent hosts and represent a constant threat for reintroducing the virus into the...