Assessing the potential for U.S. utility green bonds

EXECUTIVE SUMMARY: Bonds are the largest single class of financial instrument across the world’s financial markets. Recently, a subclass of these bonds, called green bonds, has emerged in the market place. Green bonds are a type of bond whose proceeds may be used only for certain approved “green” investments. In exchange for agreeing to invest only in such projects, the bond issuer obtains some value greater than they would obtain from traditional financing, and are therefore encouraged to finance and undertake a greater number of green projects. This unique value may not be recognized in traditional financial accounting. Of course, like any other capital-raising investment, green bonds enable their issuer to finance a new project that should increase (or at least maintain) its revenues, profits, and cash flow. The utility sector was the second largest issuer of green bonds in 2017, accounting for $26.2 billion dollars’ worth of green bond issuance globally. These were primarily issued to finance renewable energy projects, a class of projects that makes the utility sector one of the most logical for deployment of green bonds. While choosing to issue green bonds does not seem to have any price advantage over regular bonds in the market, green bonds can provide other benefits. These benefits may include reputation effects, better treatment in secondary markets, and other intangibles (See Table ES1)

MODIFICATION OF TITANIUM DIOXIDE NANOMATERIALS BY SULFUR FOR PHOTOCATALYTIC DEGRADATION OF METHYLENE BLUE EVEN UNDER VISIBLE LIGHT

This paper presents a study on preparation of sulfur doped titanium dioxide using potassium fluorotitanate and sodium sulfate as precursors. The obtained results indicated that the doped TiO2 exhibited very high photocatalytic activity for degradation of methylene blue even under visible light. The increasing in the added sulfur amounts led to significantly increase in the degradation of methylene blue. When the S/TiO2 mole ratios increased from 10 to 25%, the degradation of methylene blue under compact light increased from 30.87% to 67.06%, respectively

Evidence Of Time-Diversification In Malaysia: An Empirical Study On The Relationship Between Return And Investment Time Horizon

Penyelidikan ini bertujuan untuk mengenalpasti sama ada pempelbagaian masa wujud di Pasaran Saham Malaysia. This study is an empirical study on the validity of time diversification in the Malaysian equity market

Parametric Studies in Push-Over Analysis

API Recommended Practice 2A-WSD is widely used in the industry to design fixed offshore platform. The design parameters in the API standards are used in all fixed offshore platform design. However, the effect of changing these design parameters upon offshore platform still remains unclear. Hence, the objective of this study is to identify the impact of design parameters on the serviceability of the offshore platforms. Besides, a trend regarding the changes of the design parameter is established to ease the further study on this matter. A push-over analysis is carried out on the selected platform based on the changed parameters. The Reserve Strength Ratio is calculated to determine the strength of the selected platform. From the result, it is safe to mention that the lower the grad of the steel used, the lower the strength of the platform. Besides that, the CdCm values are most optimum at 0.65 and 1.60 respectively. However, an increase of 20% of CdCm values shows interesting changes in the strength of the platform. Further study can be carried out regarding this aspect. Moreover, lower the allowable corrosion thickness, the lower the strength of the platform. Last but no least, the changes in the platform weight do not gives a significant change of the selected offshore platform

A man with hypophosphataemia

Case report; A section on BMJ, 2011, v. 342, p. 715published_or_final_versio

Philanthropic Foundations In Asia: Insights from Singapore, Myanmar and China

This study looks at an emerging trend in which wealthy families, individuals, and corporations in Asia set up foundations to institutionalise their giving. This giving is motivated by a myriad of factors beyond prestige and status, including the desire to give back to society, religion, family and personal values, the desire to drive change, personal experience, and/or affiliations.This study finds that philanthropic foundations in Asia can be characterised by their operational model, governance structure, and philanthropic focus. In emerging economies in Asia like Myanmar and China, these foundations tend to give nationally and operate their own programmes. On the other hand, foundations in developed economies like Singapore and Hong Kong tend to give both regionally and nationally via grants to civil society organisations that operate programmes, as opposed to running programmes themselves. Further, families tend to retain significant control of foundations in Singapore and Hong Kong, while programme funding serves as the preferred funding mode.This study also discusses the various challenges and opportunities faced by the nascent philanthropic sector in Asia that can address some of the developmental and structural gaps left by the public, private, and people sectors.

A Case Study of TNB Network Solution & Support (NSS) Inventory Information System: A Quick Printable and Non-redundancy Web-based Application

This system is proposed to develop a web-based inventory information system for Network Solution & Support (NSS) department of Tenaga Nasional Berhad (TNB), Perak. The purpose of this study is to replace the conventional method which is the manual file system for managing inventory to online system where it can help to save the time especially in the process of updating the new inventory information. Besides that, the conventional method also contains the risk of duplicated files and leads to data redundancy and cost the memory wastage. NSS Inventory Information System is an alternative way to replace the manual file system so that multiple users can access the same data simultaneously at different stations. In addition, NSS Inventory Information System is based on Rapid Application Development (RAD) as the methodology where it involves the process of Requirement Planning, User Design, Construction and Cutover. Furthermore, it is developed by using Java programming language based on Vaadin Framework and MySQL as a database. Based on the testing and usability study, the result is very satisfying based on the staffs from NSS department and the contribution is able to help NSS department from TNB to update the inventory list by replacing the manual file system to a proper information system