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Peak Oil

In: Business and Management

Submitted By toke006
Words 4846
Pages 20
Property 380 Issues and Trends

Report on the Affect of Climate Change and Peak Oil on the Auckland Property Market

September 19th 2011

Contents

Part One: Background on Main Issues

1.1 An explanation of Climate Change and Peak Oil (presenting both sides including the ongoing Climate Change debate and Peak Oil debate).

1.2 An identification of some key consequences the world faces if these threats are left unmitigated (including economic, ecological and social consequences).

1.3 An explanation of how the two purported challenges are intertwined (beyond the fact that burning fossil fuels emits greenhouse gases).

1.4 A presentation of current present evidence (or ‘purported evidence’) of the early stages of these consequences which are currently unfolding.

Part Two: S.W.O.T. Analysis on the post-peak Auckland property market

An analysis of the associated Strengths, Weaknesses, Opportunities and Threats from the perspective of a property investor making direct investments, using a retail property product type.

2.1 Strengths

2.2 Weaknesses

2.3 Opportunities

2.4 Threats

Section 1.1: Climate Change and Peak Oil

Climate Change

Human activities such as driving cars, burning coal and deforestation produce greenhouse gases (mainly carbon dioxide, methane and nitrous oxide). These gases gather in the atmosphere, wrap around the earth and consequently trap the sun’s heat. The greater the level of greenhouse gas emissions, the faster the rate at which the climate heats up. This process is often referred to as global warming, however it is more appropriate to think of it as a ‘climate change’ process, as it is also characterized by extreme weather conditions such as floods, storms, droughts and cyclones (rather than just the singular temperature...

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