GGR333H5 Lecture Notes - Lecture 10: Lake Ontario, Washing Machine, Externality
Document Summary
Russia gains gas foothold: changing energy regimes for resources means that europe is getting most of their energy from russia, the supply chain of russia to the consumer, the uk. Interior moves to sell oil: leasing of natural wildlife reserves to private companies specifically for resource extraction especially for oil. The most time-saving technology that was ever invested was the washing machine it revolutionized commercial technology and commercial electricity. Mostly nuclear mostly on lake ontario. Hydro is second largest a majority of hydro power comes from niagara falls second is the st. lawrence. Because this is new technology that is only coming into the market now. Questions to think about: 1 ontario has access to great renewable energy sources (hydro, wind, etc. ) There is an incredible capacity for renewable energy sources that have yet to be tackled. Energy prices are determined by buyers and sellers based on the current and future market.