Suchergebnisse

The United States relies mainly on fossil fuels to meet its energy demand, but it is beginning to look into renewable energy alternatives. One such alternative is hydrokinetic technology, which captures the kinetic energy found in waves, tides and currents. Although initially hampered by regulatory uncertainty and low government backing, hydrokinetic technology is now gaining traction within the United States. Improved regulations and government laws are promoting research and development in the field, which will lead to more projects. This paper performs an impact analysis of an increased number of hydrokinetic energy projects as a result of reduced regulatory uncertainty and increased government backing, focusing on the impacts on the environment and the economy.

The "Miracle of Massachusetts" is a slogan of the past. The FY 1992 deficit was projected to be over one billion dollars. In this article the authors describe the efforts of a dedicated group of government employees who created innovative solutions to long‐standing problems. Massachusetts' financial statements could not obtain a "clean" audit opinion because the state's fixed asset records were unauditable. The group developed and implemented an acceptable method for valuation of those assets. This required inventorying all the fixed assets of the state, then valuing each of these items in accordance with either an historical cost or an acceptable surrogate.