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The fishing industry includes any industry or activity concerned with taking, culturing, processing, preserving, storing, transporting, marketing or selling fish or fish products. It is defined by the Food and Agriculture Organization as including recreational, subsistence and commercial fishing, and the harvesting, processing, and marketing sectors. The commercial activity is aimed at the delivery of fish and other seafood products for human consumption or as input factors in other industrial processes. Directly or indirectly, the livelihood of over 500 million people in developing countries depends on fisheries and aquaculture.
Canada is one of the largest agricultural producers and exporters in the world. As with other developed nations, the proportion of the population and GDP devoted to agriculture fell dramatically over the 20th century but it remains an important element of the Canadian economy. A wide range of agriculture is practised in Canada, from sprawling wheat fields of the prairies to summer produce of the Okanagan valley. In the federal government, overview of Canadian agriculture is the responsibility of the Department of Agriculture and Agri-Food.
The price of oil, or the oil price, generally refers to the spot price of a barrel of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil, Isthmus and Western Canadian Select (WCS). There is a differential in the price of a barrel of oil based on its grade—determined by factors such as its specific gravity or API gravity and its sulfur content—and its location—for example, its proximity to tidewater and refineries. Heavier, sour crude oils lacking in tidewater access—such as Western Canadian Select—are less expensive than lighter, sweeter oil—such as WTI.
China primarily produces rice, wheat, potatoes, tomato, sorghum, peanuts, tea, millet, barley, cotton, oilseed, corn and soybeans.
China is the world's leading country in electricity production from renewable energy sources, with over double the generation of the second-ranking country, the United States. By the end of 2019, the country had a total capacity of 790GW of renewable power, mainly from hydroelectric, solar and wind power. By the end of 2019, China's hydropower capacity reached 356 GW. China's installed capacity of solar power reached 240 GW in 2020. As of Q3 2020, China's wind power capacity was 224 GW. China's renewable energy sector is growing faster than its fossil fuels and nuclear power capacity.
China is the largest producer and consumer of coal in the world and is the largest user of coal-derived electricity. The share of coal in the energy mix declined during the 2010s, falling from 80% in 2010 to 57.7% in 2019.
The 1980s oil glut was a serious surplus of crude oil caused by falling demand following the 1970s energy crisis. The world price of oil had peaked in 1980 at over US$35 per barrel ; it fell in 1986 from $27 to below $10. The glut began in the early 1980s as a result of slowed economic activity in industrial countries due to the crises of the 1970s, especially in 1973 and 1979, and the energy conservation spurred by high fuel prices. The inflation-adjusted real 2004 dollar value of oil fell from an average of $78.2 in 1981 to an average of $26.8 per barrel in 1986.
Peak uranium is the point in time that the maximum global uranium production rate is reached. After that peak, according to Hubbert peak theory, the rate of production enters a terminal decline. While uranium is used in nuclear weapons, its primary use is for energy generation via nuclear fission of the uranium-235 isotope in a nuclear power reactor. Each kilogram of uranium-235 fissioned releases the energy equivalent of millions of times its mass in chemical reactants, as much energy as 2700 tons of coal, but uranium-235 is only 0.7% of the mass of natural uranium. Uranium-235 is a finite non-renewable resource.
Food versus fuel is the dilemma regarding the risk of diverting farmland or crops for biofuels production to the detriment of the food supply. The biofuel and food price debate involves wide-ranging views, and is a long-standing, controversial one in the literature. There is disagreement about the significance of the issue, what is causing it, and what can or should be done to remedy the situation. This complexity and uncertainty is due to the large number of impacts and feedback loops that can positively or negatively affect the price system. Moreover, the relative strengths of these positive and negative impacts vary in the short and long terms, and involve delayed effects. The academic side of the debate is also blurred by the use of different economic models and competing forms of statistical analysis.
Peak wheat is the concept that agricultural production, due to its high use of water and energy inputs, is subject to the same profile as oil and other fossil fuel production. The central tenet is that a point is reached, the "peak", beyond which agricultural production plateaus and does not grow any further, and may even go into permanent decline.
Organic farming is practiced around the globe, but the markets for sale are strongest in North America and Europe, while the greatest dedicated area is accounted for by Australia, the greatest number of producers are in India, and the Falkland Islands record the highest share of agricultural land dedicated to organic production.
The impact of the petroleum industry in China has been increasing globally as China is the fourth-greatest oil producer in the world.
The economy of the People's Republic of China is a mixed socialist market economy which is composed of state-owned enterprises (SOEs) and domestic and foreign private businesses and uses economic planning. Since the 12th National Congress of the Communist Party of China in 1982, the economy has been described as socialism with Chinese characteristics.
China Cotton Association (CCA) is a Chinese non-profit federation specializing in cotton, which is voluntarily established by cotton farmers, cotton farmers' cooperative organizations, enterprises engaged in cotton production, purchase, processing and operation, cotton textile enterprises, cotton research institutes and other organs and which accepts the supervision and management of the Chinese Ministry of Civil Affairs and the professional guidance of the All-China Federation of Supply and Marketing Cooperatives.
China has one-fifth of the world's population and accounts for one-third of the world's reported fish production as well as two-thirds of the world's reported aquaculture production.
The economy of Saskatchewan has been associated with agriculture resulting in the moniker "Bread Basket of Canada" and Bread Basket of the World. According to the Government of Saskatchewan, approximately 95% of all items produced in Saskatchewan, depend on the basic resources available within the province. Various grains, livestock, oil and gas, potash, uranium, wood and their spin off industries fuel the economy.
China, with one-fifth of the world's population, accounts for two-thirds of the world's reported aquaculture production.
The 1970s energy crisis occurred when the Western world, particularly the United States, Canada, Western Europe, Australia, and New Zealand, faced substantial petroleum shortages, real and perceived, as well as elevated prices. The two worst crises of this period were the 1973 oil crisis and the 1979 energy crisis, when the Yom Kippur War and the Iranian Revolution triggered interruptions in Middle Eastern oil exports.
The steel industry in China has been driven by rapid modernisation of its economy, construction, infrastructure and manufacturing industries.
Aquaculture in the United Kingdom is dominated by salmon farming, then by mussel production with trout being the third most important enterprise. Aquaculture in the United Kingdom represents a significant business for the UK, producing over 200,000 tonnes of fish whilst earning over £700 million in 2012 (€793 million).
References
- 1 2 3 MacArtney, Jane (2008-12-22). "Pearl farming in China loses its lustre as global prices dive". Times Online. London. Retrieved 2008-12-29.
- ↑ Supply glut worries Chinese pearl industry