EXERCISE 4

Determine the part of speech (according to the word-formative elements) and translate the words.

achieve - achievement; apply - application - applicable; consider - consideration - considerable; burse - reimburse - reimbursement; define - definition - definite; flexible - flexibility; incur - incurred; convey - conveyance - conveyor; manufacture - manufacturing - manufacturer; produce - production - productive - productivity; require - requirement; evaluate - evaluation;  realize - realization; act - action - transaction; term - terminate  - determine –- indeterminacy; obsolete -  obsolescent -  obsolescence.

EXERCISE 5

Read and translate the following word combinations.

Innovative project, company risks, developing pharmaceutical products, salvage value, exercise of option, underlying assets, estimated revenue, to appear economically unfavorable, discount rate, negligible effect, reimbursement of expenses, terms of acquisition, in conditions of indeterminacy, underestimation of the project profitability,  costs of engineering setup, recoupment of investments, to be attributed to the terms of acquisition, progress of the project implementation, versatility and theoretical validity, rapidly changing economic environment, income approach.

EXERCISE 6

Make up the short plan for discussion of the text.

EXERCISE 7

Conversation. Tell what information in Text 1 is new for you and what is already known.

EXERCISE 8

What features, as you think, make advantages and disadvantages of the income approach?

НЕ нашли? Не то? Что вы ищете?

EXERCISE 9

Summarize the content of the text. Write the annotation.

EXERCISE 10

Imagine that you are an interpreter. Translate only that part of the text about evaluation methods of innovation projects.

EXERCISE 11

Make up the summary to the text. Express your opinion taking into account all the necessary information from the text.

UNITII

ECOLOGY IN PRODUCTION

Text I

Industrial Ecology

EXERCISE 1

Read and translate the text.

Industrial ecology (IE) is the study of material and energy flows through industrial systems. The global industrial economy can be modeled as a network of industrial processes that extract resources from the Earth and transform those resources into commodities which can be bought and sold to meet the needs of humanity. Industrial ecology seeks to quantify the material flows and document the industrial processes that make modern society function. Industrial ecologists are often concerned with the haves1 that industrial activities have on the environment, with use of the planet's supply of natural resources, and with problems of waste disposal.

Industrial ecology is concerned with the shifting of industrial process from linear (open) loop systems, in which resource and capital investments move through the system to become waste, to a closed loop system where wastes can become inputs for new processes.

Much of the research focuses on the following areas:

    industrial metabolism3 dematerialization and decarbonization technological change and the environment life-cycle planning, design and assessment eco-design product stewardship4 product-oriented environmental policy eco-efficiency

Industrial ecology seeks to understand the way in which industrial systems interact with the biosphere. Natural ecosystems provide a metaphor for understanding how different parts of industrial systems interact with one another, in an "ecosystem" based on resources and infrastructural capital rather than on natural capital.

IE examines societal issues and their relationship with both technical systems and the environment. Through this holistic view5, IE recognizes that solving problems must involve understanding the connections that exist between these systems, various aspects cannot be viewed in isolation. Often changes in one part of the overall system can propagate and cause changes in another part. Thus, you can only understand a problem if you look at its parts in relation to the whole.

Take a city for instance. A city can be divided into commercial areas, residential areas, offices, services, infrastructures, etc. These are all sub-systems of the 'big city’ system. Problems can emerge in one sub-system, but the solution to be global. Let’s say the price of housing is rising dramatically because there is too high a demand for housing. One solution would be to build new houses, but this will lead to more people living in the city, leading to the need of more infrastructure like roads, schools, more supermarkets, etc. This system is a simplified interpretation of reality whose behaviors can be ‘predicted’.

In many cases, the systems IE deals with are complex plexity makes it difficult to understand the behavior of the system and may lead to rebound effects. Due to unforeseen behavioral change of users or consumers, a measure taken to improve environmental performance does not lead to any improvement or may even worsen the situation. For instance, in big cities, traffic can become problematic. Let's imagine the government wants to reduce air pollution and makes a policy stating that only cars with an even license plate number can drive on Tuesdays and Thursdays. Odd license plate numbers can drive on Wednesdays and Fridays. Finally, the other days, both cars are allowed on the roads. The first effect could be that people buy a second car, with a specific demand for license plate numbers, so they can drive every day. The rebound effect is that, the days when all cars are allowed to drive, some inhabitants now use both cars (whereas they only had one car to use before the policy). The policy did obviously not lead to environmental improvement but even made air pollution worse.

Moreover, life cycle planning is also a very important principle in industrial ecology. It includes raw material extraction, processing, manufacture, use, maintenance, and disposal.

A final and important principle of IE is its integrated approach. IE takes into account three different disciplines: social sciences, technical sciences and environmental sciences.

The discipline of industrial ecology is to a large part based on the implicit assumption that if “we just get our technologies right”, the problems of environmental pollution and unsustainability will be solved. This is the reason why most current research in industrial ecology is focused on technological innovation, such as improvements in eco-efficiency, design for environment, material flow analysis, etc. This simplistic view has been recently questioned by Dr. Michael Huesemann from Marine Sciences Laboratorywho demonstrates that negative unintended consequences of technology are inherently unpredictable and unavoidable, that most current techno-optimism reflected in industrial ecology is unjustified, and that modern technology, in the presence of continued economic growth, does not promote sustainability, but hastens collapse. Therefore, more than technological tinkering is needed to achieve long-term sustainability. Most importantly, the problem of human overpopulation must be addressed immediately and a transition to a steady state economy is needed to guarantee environmental and societal sustainability.

Exergy2 analysis is performed in the field of industrial ecology to use energy more efficiently, advocating for large scale photovoltaic production facilities in an industrial ecology setting. These facilities not only reduce their environmental impact but also decrease the costs of photovoltaic productions to as little as $1 per Watt by economy of scale.

Notes to the text:

1.thehave – (зд.)мошенничество, надувательство, обман

2.exergy - energy that is available to be used. In thermodynamics, the exergy of a system is the maximum useful work possible during a process that brings the system into equilibrium with a heat reservoir. When the surroundingsare the reservoir, exergy is the potential of a system to cause a change as it achieves equilibrium with its environment. After the system and surroundings reach equilibrium, the exergy is zero. Determining exergy was also the first goal of thermodynamics. The term "exergy" was coined in 1956 by using the Greek ex and ergon meaning "from work".

3.industrial metabolism - a sustainable development perspective which regards societies and their economic systems as embedded in the larger environmental system. Societies are shown to have a “metabolism” with the surrounding natural systems in a similar way to plants, animals or humans. The ‘inputs’ in industrial metabolism include resources such as raw materials (including fossil fuels), water, air and land. These resource inputs are transformed into products (goods and services) and are finally disposed back to the natural system in the form of outputs; mainly solid wastes, waste water and air emissions.

4.product stewardship - understanding, controlling, and communicating a product's environmental, health, and safety related effects throughout its life cycle, from production (or extraction) to final disposal or reuse.

5. holistic view-holism n - 1. Philosophical doctrine that a system may have properties over and above those of its parts and their organization.2. (Medicine) the treatment of any subject as a whole integrated system, esp, in medicine, the consideration of the complete person, physically and psychologically, in the treatment of a disease.

EXERCISE 2

Learn the following words and expressions. 

to extract

добывать

commodities

товары

to quantify

определять

to have an impact

оказыватьвлияние, воздействовать

waste disposal

сброс (отведение) сточных вод, отходов

product stewardship

контроль качества продукции

societal issues

социальные вопросы, проблемы

viewed in isolation

отдельно рассмотренный

simplified interpretation of reality

упрощенное восприятие реальности

unforeseen

неожиданный

rebound effect

отдача, эффект бумеранга

unsustainability

неустойчивость

unintended consequences

непреднамеренные последствия

inherently unpredictable

по сути непредсказуемый

even/odd

четный/нечетный

human overpopulation

перенаселенность

technological tinkering

технологическая халтура

exergy

эксэргия

photovoltaic

фотогальванический


EXERCISE 3

Из за большого объема этот материал размещен на нескольких страницах:
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