Of the Available Policy Options Regarding Eventual Conversion to Renewable

question 28

Multiple Choice

Of the available policy options regarding eventual conversion to renewable energy sources, environmentalists would probably prefer that ________________.

• A) we pass laws immediately banning the exploration and development of further fossil fuel resources
• B) we plan for the switch to renewable energy sources, but not implement any plans until all fossil fuels have been depleted
• C) we prepare for a gradual changeover by slowly increasing funding and putting alternative energy resources into place over the next 100 years
• D) we pass laws immediately banning the use of fossil fuels
• E) we encourage, with subsidies, tax rebates, and grants, the rapid development and widespread use of renewable alternative energy resources

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Definitions:

Tangible Assets

Physical assets that can be seen and touched, such as buildings, machinery, and inventory.

Long-term Assets

Assets owned by a company meant to provide value for more than one year, such as real estate, machinery, or patents.

Current Assets

Resources that are anticipated to be turned into cash, sold, or utilized within a year or during the standard operational cycle of a company.

Goodwill

An intangible asset that represents the value of a company's brand name, solid customer base, good customer relations, good employee relations, and any patents or proprietary technology.