Connect with us

Economy

Air Pollution – Almost No-one Is Safe!

Published

on

Air pollution is a frequently discussed topic worldwide – of course there are many elements which contribute to pollution overall, such as contaminated water, but unsurprisingly air pollution has the most serious impact on health standards of a large percentage of the world’s population, as it can be seen, tasted, as well as felt detrimentally in breathing. Reduced life expectancy – as low as 40 years in some countries – testifies to the seriousness of the situation blamed on air pollution. Watching or listening to news bulletins these days gives the impression that China – in particular Beijing and Shanghai – has the most serious air pollution problem, perhaps understandable given the large population, increasing urbanisation, accelerating industrialisation in recent years, and significant continuing reliance on fossil fuels. However, statistics are only as good as availability of data allows, so there are several regions and cities suspected as having far more serious problems in terms of air quality levels – reliable data is virtually non-existent for the African continent, with only 16 cities supplying reliable information.

The worst areas for air pollution are actually the Indian sub-continent and the Middle East, but there is no place for complacency around the world in general. The World Health Organisation(WHO) database now covers 3000 cities in 103 countries – of cities with over 100,000 people in low- and middle-income countries, WHO air quality guidelines are NOT met in 98% of them; even in higher income countries, the figure is 56%. Overall, this means that from available data, over 80% of people worldwide live in urban areas, and have air quality readings exceeding WHO limits.

Air Pollution4

Although deaths are not recorded as being (directly) from air pollution, authorities around the world now accept that the declining quality of urban air in particular increases the risk of death from acute respiratory diseases, lung cancer, heart disease and stroke for the people who live in these areas, with a consequent and potentially unsustainable increase in the costs of health care. WHO estimates are that seven million deaths per year occur prematurely due to air pollution, three million because of the quality of outdoor air. What authorities do about it is another problem!

The Indian sub-continent has a problem similar to that of China, but Iran and other countries of the area are beset by the problem of sand- and dust-storms, which are very difficult to alleviate of course. Such an influence can vary significantly, but then burning the amount of coal for heating varies too, according to season, and the depressing fact is that more fossil fuel will be used in the worst effected areas as they transit through a period of major industrialisation before developing re-usable energy sources, similar to the process already passed by most first-world, developed areas.

Air Pollution Hits Parts Of China

Air quality is measured by the concentration of particulate matter – PM2.5 meaning particles smaller than 2.5 micrometres; a concentration of over 10 is considered by the WHO to pose a risk.

Zabol in Iran has recorded the most consistently dirty air, at a PM2.5 measure of 217 largely from dust storms. Following are the Indian cities of Delhi, Gwalior and Allahabad, then Riyadh and Al Jubail in Saudi Arabia. Many more cities in these two areas are at the top of the list, however, limited data from Lagos in Nigeria suggests that this city is in just as much discomfort from air pollution as those previously listed. Similarly, Ulan Bator in Mongolia is located in a natural bowl which retains polluted air above the city, including from burning fossil fuel.

Steel Manufacturing In China

Notable problem cities outside the areas defined above, which also includes southern Turkey, are identified in the following table for air pollution, although by no means as serious as those; secondly, all cities for overall pollution. The third table is of selected major cities, and the fourth the assessed cleanest urban areas in the world.

Air Pollution

City PM 2.5 level
Mauritius 66
Urumqi, China 61
Nanjing, China 52
Johannesburg, South Africa 51
Kathmandu, Nepal 50
Accra, Ghana 49
Baguio, Philippines 49
Temuco, Chile 48
Nis, Serbia 45
Fresno, USA 45

Other Major Cities

City PM 2.5 level
Hanoi 39
Lima 38
Rio de Janeiro 36
Venice 30
Bangkok 20
Frankfurt 19
Singapore 17
Paris 17
London 16
New York 14

General Pollution

Rank City Contaminant
1 Linfen, China Coal
2 Tianying, China Lead, heavy metals
3 Sukinda, India Hexavelent (steel)
4 Vapi, India Chemicals, metals
5 La Oroya, Peru Lead, copper, zinc, sulphur
6 Dzerzhinsk, Russia Chemicals
7 Norilsk, Russia Sulphur dioxide
8 Chernobyl, Ukraine Radiation
9 Sumgayit, Azerbaijan Chemicals, heavy metals, oil
10 Kabwe, Zambia Cadmium, lead

Cleanest Cities

Rank City Contaminant
1 Calgary, Canada excellent public transport; efficient garbage processing system
2 Honolulu, USA light manufacturing; efficient public transport system
3 Helsinki, Finland cheap, efficient public transport, wide streets= little congestion
4 Ottawa, Canada efficient public transport, public city-cleaning projects
5 Minneapolis, USA light rail, extensive bike lane system
6 Oslo, Norway pro-active greening of the city, bus fuel from human wast
7 Stockholm, Sweden significant percentage of ‘clean’ vehicles, only light and service industries
8 Zurich, Switzerland mass transit options: buses, boats, light rail/street-cars
9 Katsuyama, Japan tourist centre promoting cleanliness as a priority
10 Bern, Switzerland cleanliness promoted to attract returning tourists

As the Managing Editor at NetWorthPost, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Economy

Investing Advice from Millionaire Mohnish Pabrai

Published

on

Purchasing the stock exchange is mind-boggling for lots of individuals. Comprehending it looks like such a complex process which we leave it for the significant investors to fathom. However, are you aware the most successful stock traders live from the philosophies. Warren Buffett is really a known to maintain his investment principles quite fundamental, also it worked. Warren Buffett is really one of the very successful investors and among the richest guys on the planet. He likens it to the entire procedure for flipping a coin, “Heads, I win. Tails, I don’t drop a lot of.” This lets you know how seriously he takes Buffett’s theory within the diversification of investments. Based on Warren Buffett, diversification is really a protection against ignorance. Being a real Buffett disciple and following Buffett’s principles plus a few of their own sets of basic principles appeared to work. For individuals who don’t know, Mohnish Pabrai is an investor and philanthropist. Then a longonly equity fund he handled could create a cumulative 517% internet to investors versus. 43% for the S&P 500 Index since beginning in 2000. This implies an outperformance of 1103%. The globe was amazed and Pabrai became a star investor. Discover several hints and lessons as he shares how he was competent to do it.


Read Warren Buffett

According to Pabrai, it all started for him by reading Warren Buffett’s annual letters to investors and other Buffett books (The Essays of Warren Buffett, Warren Buffett Speaks and Thoughts of Chairman Buffett) and biographies written by Lowenstein and Schroeder. Pabrai is a living proof it pays to read.


Own It

Following closely Buffett’s example of not looking at stocks as just pieces of paper but internalize that you’re actual owners of these companies. As a joke surely no wise businessman will take his investments. Who wants a company that appears questionable and undervalued? He constantly weighs in both the negative risk and possible prior to making an investment.


Patience Is a Virtue

Another investor Pabrai seems as much as is Charlie Munger who’s a huge proponent of waiting. He believes that you’re able enough to earn money by means of purchasing or selling but within the waiting. And waiting isn’t the simplest thing to do this you demand every ounce of someone’s forbearance. Yes, sometimes what you’re looking forward to is some sort of disaster to occur that will significantly change the share prices. To stay positive about this would be to consider reaping something from the unfortunate circumstances which could present.


Learn from Mistakes

The fact is it doesn’t usually benefit the best constantly. You develop some, you lose some. Whenever you purchase shares, you must monitor carefully how it will. Pabrai says that after a particular trade doesn’t function, you discover immediately what might have went wrong so that you won’t do the same errors over and over. It is worth it to be aware of how others do it, if it’s right or wrong, in order to learn away from their successes and failures.


Checklist Investing

Another guiding light in Pabrai’s means to success is Atul Gawande’s novel The Checklist Manifesto. He recognized that there were clear signs within the initial location, when assessing how a trade went all wrong. So he made a check list which consists of around 98 questions he examines before making a trade or investment. These questions vary from leverage to debt covenants, moats, union and labor relations, direction and possession. Pabrai noted that since he incorporated using a checklist in investing, his error rate decreased quite considerably.


Cloning

Pabrai will be the first to inform you that not one of his investment ideas are original and groundbreaking. After all investing is actually not an originality competition. He picks on other people’s minds. The Buffet partnerships in the 1950’s was the design for the arrangement of his own fund. Furthermore, he gets investment ideas from investors he greatly admires. For example, he lifted the structure of his own fund straight from the Buffett partnerships of the 1950’s.


Give Back

Pabrai collectively with his wife began the Dakshana Foundation in 2005. It was the Pabrai’s intention to provide back to society at least two% of their earnings that’s about $1 million annually. Their primary focus was supposed to utilize the cash to help relieve the poverty within their state in India. How they are doing it is through supplying tutorial services for the lowest of poor students of India to ensure that they’ll have the ability to pass the grueling entrance examinations of the very competitive institutions such as the IIT Joint Entrance Examination and the AllIndia Engineering Entrance Examination, get great jobs and assist their loved ones. Again-all of Pabrai’s non-profit initiatives were inspired by Warren Buffet who’s a huge philanthropist himself.

Continue Reading

Economy

Quality Of Life – Net Worth!?

Published

on

So in terms of quality of life, just how rich are you? What is your real net worth, your wealth, and not simply in money? How hard do you have to work to satisfy your need for what you want out of life? Perhaps as important – how many years are you likely to live for, to enjoy your hard-earned riches?

Firstly, how is quality of life assessed, and secondly, how many hours a year do you need to work to earn this standard of living? A third – but immeasurable – factor could be priorities in what any person regards as important to his/her quality of life; perhaps you are happy to have little disposable income left after paying essential expenses, if it means working fewer hours but spending more time with family and friends. Or perhaps you are asset rich but time poor? For example, Americans are generally regarded as ‘rich’, but only five countries’ populations work longer hours, and the USA’s standard of living is only in the middle of the table. So maybe you will live a little longer, because you haven’t needed to work too hard.

world action3

Quality of Life Index is estimated by the OECD using a formula which includes purchasing power, health care, climate and safety indexes – the higher the better – and house price to income ratio, consumer price, pollution and traffic commute time indexes, the lower the better, all given weightings according to assumed importance.

Hours worked on average per year is the other side of the coin – a person may well have a relatively high income coupled with low or moderate expenses, but how much time is left for the person to enjoy his or her relative wealth? In the longer term, years of life expectancy depend on many factors, the most influential being diet and availability of medical care, except of course the negative effects of protracted conflict in which the country may be directly involved, perhaps partly borne out by Switzerland topping the list for quality of life – it managed to remain neutral during the two World Wars.

Efficiency would appear to be the key – that is, if the number of hours worked is relatively low, but quality of life is assessed as high, then in these times of increasing ‘free trade’ around the world, the country must be efficient otherwise it could not compete very well, with obvious consequences. This hypothesis may be born out by comparing the figures for Germany and Greece – the Germans would appear to justify their reputation for efficiency, and the Greeks for inefficiency, given that the latter spend 50% more time in working hours but manage to produce a score for quality of life 20% lower than the Germans. Only Mexico and South Korea of OECD countries work longer hours.

Quality Of Life

In the top 10 countries for quality of life, Denmark, The Netherlands and Norway also score well, and further down the table, French workers spend less than 1500 hours at work, so are apparently an example of being satisfied with a slightly lower standard of living. Switzerland would also appear to maintain a reasonable balance between work and play. Japanese live the longest, by some margin even over the Swiss, but are in the bottom half of the table in quality of life and hours worked – their diet is recognised as very healthy, however.

Following is a list of the top 25 countries, for which data is available through the OECD; the first column is a score which identifies the relative quality of life; the second column is the average number of hours worked per year by the population; thirdly, life expectancy should reflect the other two, and although the spread of years is relatively narrow, with just a couple of exceptions, Denmark and Germany surprise a little by their ranking – maybe a little too much beer and a few too many dumplings!? However, the bottom three in each criteria, Belgium, South Korea and Croatia respectively, are all in the bottom six in all criteria.

# Country Score

Average Hours

worked per year

Years of

Life Expectancy

1 Switzerland 208.4                 1576                  82.5
2 Denmark 206.49                 1438                  79.25
3 New Zealand 201.06                 1752                  81.05
4 Germany 199.7                 1363                  80.57
5 Australia 198.79                 1663                  82.15
6 Austria 192.4                 1629                  81.39
7 Netherlands 192.4                 1421                  81.23
8 Norway 188.9                 1408                  81.7
9 Spain 186.41                 1699                  81.98
10 Sweden 185.81                 1607                  81.98
11 Finland 184.01                 1643                  80.77
12 USA 183.96                 1788                  79.68
13 Portugal 181.18                 1852                  79.16
14 UK 180.25                 1669                  80.54
15 Canada 177.23                 1708                  81.76
16 Japan 176.06                 1734                  84.74
17 Slovenia 175.93                 1550                  78.01
18 France 173.56                 1489                  81.75
19 Croatia 172.89                 1665                  80.68
20 Ireland 171.92                 1815                  80.68
21 South Korea 170.29                 2163                  80.04
22 Czech Republic 167.38                 1763                  78.48
23 Israel 166.63                 1867                  82.27
24 Greece 165.33                 2060                  80.43
25 Belgium 162.49                 1576                  80.88
Continue Reading

Recommended

Luxury6 hours ago

Serena Williams Takes Home $426,000 After Winning Rogers Cup

Serena Williams is still one of the most feared female tennis player on the planet. Just last week, Serena continued...

Luxury6 hours ago

$8637 Per Hole So Far For Tiger Woods

The news that Padraig Harrington created $8637 per hole so far this season is fairly astounding. It is a man...

Entertainment6 hours ago

Grey’s Anatomy Recap: Richard Makes A Shocking Confession

It’s all aboard the battle bus for almost all of the physicians at Gray Sloan Memorial. From babies to examinations,...

Celebrity Money6 hours ago

Charlie Sheen Gives $12000 for Paparazzi Funeral

Former Two and a Half Men star donated $12,000 for the funeral expenses of the paparazzo who was killed while...

Beauty6 hours ago

Lohans Half Sister Spends $25000 on Surgery to Look like Lindsay Lohan

How much would it cost to appear just just like Lindsay Lohan? Lindsay’s halfsister, Ashley Horn, invested $25,0000 on plastic...

Biographies6 hours ago

Top 10 Biggest Economies in the World 2013

They are the world-wide economic heavyweights this year, estimated to be having the current largest economies on the planet. Here’s...

Companies6 hours ago

BlackBerry Expected to get $500 Million Tax Refund

BlackBerry is poised to get a huge tax break. Within the 2nd quarter of FY 2014, BlackBerry posted a tax...

Biographies6 hours ago

Cristiano Ronaldo buys $1.3 Million Ferrari

Ferrari, the topnotch auto company in Italy, has declared that 499 LA Ferrari models seen in state were sold-out. But,...

The Biggest6 hours ago

The Biggest Shipping Companies in the World

Shipping is an extremely vital industry that most people are not aware of. Perhaps you have wondered how exotic fruits...

Biographies6 hours ago

10 Poorest Cities in North America

Its economic recovery is taking a very long time, what with all of the other hurdles the nation and the...

Trending