Feng Seawater Desalination Systems has established a capital investment limit of $800,000 for next year for projects that target improved recovery of highly brackish groundwater. All projects have a 4-year life and the MARR is 10% per year. (a) Select any or all of the projects. (b) Project Z is a favorite of Mr. Feng. Determine the minimum NCF necessary to make Z the economically best project. (c) Use a spreadsheet to answer the two parts above. Initial Net Cash Salvage Project Investment, $ Flow, $/Year Value, $ X −250,000 50,000 45,000 Y −300,000 90,000 −10,000 Z −550,000 150,000 100,000

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Policy Instruments for Environmental protection

Policy Instruments for Environmental Protection link policy development and decision making to policy implementation to protect the environment and promote sustainable development. Economic growth brings great risk to the environment and often puts increased pressure on environmental resources. But it is the responsibility of the policymakers to ensure that the risk caused to the environment through developmental projects is kept in check. Environmental protection is central to sustainable development. They can be both beneficial and equitable. Environment protection policies can be used to deter environmentally damaging activities. They also improve social equity and raise revenue.