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Lesson 8 notes
Counterbalance = уравновешивать, равновесие
Global warming is no longer a politically correct term, most people nowadays prefer to use “Climate change”
Rev up = increase, build up
Long shot = risky business
Rugged = tough, durable
Chicken and egg problem = fundamental problem, cause-and-effect problem
Gas/petrol-guzzling consuming a lot of gas (about cars)
4WD four-wheel drive автомобиль с полным приводом, внедорожник
Ignominy = shame
Hybrid cars have both an electric motor and an ordinary car engine
Fleet флот, парк автомобилей
Roughly = approximately
Match compare, to be equal
Lithuania Литва
Rags тряпки
I suggest we (should) do/ did something
I suggest meeting him.
Come down to something depend on sth, все сводится к = boil down
Potential (n), (adj)
Untapped potential нераскрытый потенциал
Gender-neutral language : he/she, they, Dear Sir or Madam, Chairperson (instead of chairman).
Credibility being trustworthy
Bottom line итог
Transparent
Price hike = jump
Payback period
Make/let sb do sth
Lighting - освещение
lightning молния
Fractional-reserve banking is the practice whereby a bank retains only a portion of its customers' deposits as readily available reserves from which to satisfy demands for withdrawals
Gold standard money vs Greenbacks -Fiat money (which is not supported by gold and relies mainly on debt)
renounce from - отказаться
inflation invisible tax
Case study
Place: California
Target: increase the bottom line by reducing energy costs
Suggestions:
Collect and analyze data
Reduce waste right away
Turn the air con down
Make use of skylights
Energy saving should be the top priority
Buy more advanced equipment, such as new fridges
Monitoring CO2 emission - it should be reduced by 10% over the next few years
Buying energy from renewable energy sources
Reduce the number of fridges
Promote fresh food
Solutions chosen: