Global warming is a thermodynamic problem. When excess heat is added to the climate system, the land warms more quickly than the oceans due to the land’s reduced heat capacity. The oceans have a greater heat capacity because of their higher specific heat and the heat mixing in the upper layer of the ocean. Thermodynamic Geoengineering (TG) is a global cooling method that, when deployed at scale, would generate 1.6 times the world’s current supply of primary energy and remove carbon dioxide (CO2) from the atmosphere. The cooling would mirror the ostensible 2008–2013 global warming hiatus. At scale, 31,000 1-gigawatt (GW) ocean thermal energy conversion (OTEC) plants are estimated to be able to: a) displace about 0.8 watts per square meter (W/m2) of average global surface heat from the surface of the ocean to deep water that could be recycled in 226-year cycles, b) produce 31 terawatts (TW) (relative to 2019 global use of 19.2 TW); c) absorb about 4.3 Gt CO2 per year from the atmosphere by cooling the surface. The estimated cost of these plants is $2.1 trillion per year, or 30 years to ramp up to 31,000 plants, which are replaced as needed thereafter. For example, the cost of world oil consumption in 2019 was $2.3 trillion for 11.6 TW. The cost of the energy generated is estimated at $0.008/KWh.
Rapid global warming and continuous climate change threaten the construction industry and human existence, especially in developing countries. Many developed countries are engaging their professional stakeholders on innovation and technology to mitigate climate change on humanity. Studies concerning inclusive efforts by developing countries’ stakeholders, including Nigeria, are scarce. Thus, this study investigates the construction industry’s practitioners’ preparedness to mitigate climate change through pre- and post-planning. Also, the study appraises climate change’s impact on construction activities and proffered measures to mitigate them. The research employed face-to-face data collection via a qualitative approach. The researchers engaged 33 knowledgeable participants. The study covered Abuja, Benin City, Owerri, and Lagos and achieved saturation at the 30th participant. The research employed a thematic approach to analyse the collected data. Findings reveal that Nigerian construction practitioners cannot cope with climate change impacts because of lax planning and inadequate technology to mitigate the issues. Also, the government’s attitude towards climate change has not helped matters. Also, the study suggested measures to mitigate the impact of climate change on construction activities in Nigeria. Therefore, as part of the research contributions, all-inclusive and integrated regulatory policies and programmes should be tailored toward mitigating climate change. This includes integrated stakeholder sensitisation, investment in infrastructure that supports anti-climate change, prioritising practices in the industry to achieve sustainable project transformation, and integration of climate change interventions into pre- and post-contract administration.
This study deals with the impact of Vietnam bank size, loans, credit risk, and liquidity on Vietnam banks’ net interest margin, which are crucial for economic development. High profit margins result in a lower bad debt ratio due to timely loan collection and good liquidity. This study applies a panel data model to evaluate the relationship among bank size, loans, credit risk, liquidity, and marginal profitability, which are increasingly important in commercial bank growth. Data were collected from 2010 to 2022, and test methods were applied to select a good-fit model. Realizing that the factors that have a close correlation and affect the profit margin are 33.6% and 16.07%, 75.2%, 37.51%, 64.30%, and 41.11%, and R2 is 59.04%, respectively, this suggests that financial managers need to develop appropriate strategies and policies to adjust the factors that adversely affect commercial bank profitability.
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