Business – Dr Raouf Farag

How Investing in Renewable Energy Can Boost Economic Growth

Dr. Raouf Farag — Mon, 30 Oct 2017 17:41:07 +0000

In many countries, economic growth is a result of proper management of resources and utilization of local technologies to cater for the needs of citizens. Energy is one of the variables in economic growth that are key in ensuring important projects run by the government are successful. More importantly, the supply of energy at affordable rates spurs economic growth at the grass root level and this translates to the development of local industries. Andrew Charlton is an economics expert and today he shares some insight into the way investing in renewable energy can spur economic growth.

Access to affordable energy

Renewable energy is cheaper to produce and distribute compared to thermal electricity. This means the cheap cost of production and distribution is transferred the end user. The fact that renewable energy is cheaper also means more people can afford it, and thus local industries that require energy to run are able to embrace this opportunity. As the cost of producing renewable energy continues to drop, the manufacturing sector will benefit the most due to lowered costs of production as well as lower energy and pollution taxes. This will see an expansion in the manufacturing sector as running costs get cheaper.

Jobs created

With the growth of different industries as pointed out above, there will also be demand for increased workforce. Renewable energy requires a bit more labor than fossil fuel, so most of the jobs that will be created will be in the energy production industry itself. This also includes peripheral jobs that will be created in industries that will help to maintain related systems and equipment. As experts will explain, increased industrialization and job creation leads to the generation of additional disposable income within the household level, and this stimulates the economy.

Technological innovation

Supporting technologies like renewable energy production requires a strong input in innovation. Skills and technologies that can compete at the international level will be required as the local industries strive to compete with global innovators in the energy sector. Embracing renewable energy will inspire a growth in the usage of local resources in production and will serve to encourage young innovators to come up with ideas that can help to develop the energy sector further. To ensure there is effective distribution of the energy, local industries will need channels and these can only be made through innovation.

Development of industries

To broaden the industry base, every government should encourage the use of renewable energy in the production process. Issuing incentives to industries that use renewable energy might be a good start. What follows after many industries have embraced renewable energy is an increase in the demand for machinery that are designed to make energy production and distribution possible. There are unlimited solutions when it comes to energy production through renewable methods, so different industries will come up to fill this gap to ensure there are many ways of energy production that are clean and affordable to majority of users.

Many local industries can take advantage of the demand for production of equipment for solar and wind power collection. Additionally, there is also need to have storage and distribution mechanisms, which means this is another opportunity to boost the production of equipment in related fields that will serve to grow the production and distribution of renewable energy.

Of course amid all the demand for renewable energy is the need for support from the government. Such support would be in the sense that local industries that have interest in renewable energy should be offered the technical and financial support they require to establish themselves well in the industry.

Embracing a Digital Strategy in the Healthcare Sector

Dr. Raouf Farag — Fri, 15 Sep 2017 22:32:22 +0000

The healthcare system in Australia is considered one of the best in the world. Numerous countries including the US are still trying to decide what kind of universal system works for them. The system in Australia is universal, effective and efficient. It is affordable and enjoys superior outcomes.

The Case for a Digital Health Strategy

Technology can positively transform health services in various ways. It can cut hospital admissions, improve therapy options as well as enhance the quality of patient care. Digital health reduces the possibility of adverse drug effects and centralizes testing data, which eliminates duplication. It provides a platform for synchronized collaboration. Which can assist people with complex conditions.

The government and lawmakers recently launched the framework for a National Digital Health Strategy. The public wants a people-oriented system that is accessible, yet secure. It should also offer more healthcare options and increase the level of transparency in the industry.

Providers would like to reduce their overheads so that they have more time dedicated to patient care. This includes access to medical histories as well as improvements in treatment options and medications. The initiative hopes to streamline the significant efforts the various stakeholders have put in place with a goal of improving healthcare outcomes.

Benefits of the Strategy

The policy has outlined expected outcomes on the healthcare system. It promises to improve treatment processes, build efficiency, which reduces costs and keeps people out of the hospital. The Strategy will extend medical services to underserved communities, especially in rural and remote areas. It is also expected to serve as a secure repository of national health data. Let us review some of the proposed outcomes.

Standardization of health information: The various stakeholders in the healthcare system will establish a standard format for data collection and sharing. This includes exchanges between the private and public sectors.
Improved medication management: The My Health Record system will provide patient prescription histories. It will enable them to request prescriptions and refills conveniently. Doctors and pharmacists will be able to assist patients safely. Improved medication management will reduce incidences of adverse drugs and prescription errors.
Availability of health information: There is a push to have every citizen register on the My Health Record platform. This program will serve as a central database for medical histories including previously prescribed medications, diagnostic tests results, allergies and chronic conditions. Providers, physicians, and patients will have instant access to all the relevant patient information they need to make quick decisions.
Secure sharing of health information: The digital platform is expected to employ strict security guidelines to protect the data and information exchange. Stakeholders will communicate through secure channels.
It will deliver world-class innovation aligned to emergent digital and connected lifestyles. The system will be accessible from mobile devices and computers from any location. The platform will encourage technology entrepreneurs to exploit the opportunity of meeting the diverse needs of providers and patients. This will empower healthcare professionals to maximize the advantages of digital technologies in health.

Conclusion

The Strategy is expected to open up more opportunities for discerning entrepreneurs in the healthcare industry. Grace Lever is a business coach, author and entrepreneurship mentor. You can view glowing Grace Lever reviews on her online channels. This will enable you to make a quicker decision to get in on the emergent entrepreneurship opportunities.

There are proposals to expand the available opportunities. This includes designating specific regions as health tourism destinations for global patients. This would compound the income that the digital healthcare system facilitates and expand business opportunities for entrepreneurs in the country. However, before that happens, inconsistencies and bottlenecks in service delivery in the current environment must be ironed out. Hopefully, the Strategy will take care of that.

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Marlon Kobacker

Dr. Raouf Farag — Mon, 20 Jun 2016 18:58:36 +0000

Sustainable design expert Marlon Kobacker brings an exceptional track record of success to his professional responsibilities with some of the most innovative and forward-thinking firms in the world. Currently involved in varied endeavors with Sustainable Future Group, Clean Energy Corporation Australia (CECA) and EarthRights International, Kobacker continues to reinforce his status as one of the industry’s most sought-after and dedicated professionals while developing unique solutions to complex problems. Over his more than 13 years of experience in the sustainable design and clean energy industry, Kobacker has set an unparalleled standard for professional excellence and is frequently credited as a driving force behind the field’s impressive growth and innovation.

Kobacker’s position with Sustainable Future Group is that of director, with his responsibilities including the oversight of the company’s comprehensive sustainability advisory services. Through the use of the Sustainable Future Group’s unique business model that includes exceptional advice, technology, and funding, Kobacker is able to ensure clients receive highly specialized advisory services designed to achieve each individual client’s specific sustainability goals.

As a principal for Clean Energy Corporation Australia’s (CECA) sustainability advisory team, Kobacker is responsible for assisting the company in the design and delivery of a full range of clean energy systems and solutions for enhanced business operations and reduced environmental impact. Kobacker is also currently serving in an advisory role on an internal project for EarthRights International, demonstrating his unyielding belief in the absolutely critical responsibility that has been assumed by the sustainable design and clean energy industry at large.

Kobacker’s standing within the industry should come as no surprise to those who knew him during his time at the University of New South Wales, where he became the inaugural graduate of the world’s first undergraduate program in photovoltaic engineering. In addition to the bachelor’s degree earned for photovoltaic engineering at UNSW, Kobacker also secured undergraduate degrees in solar energy and computing as well as a Master of the Built Environment in Sustainable Design. Kobacker’s time at the university did not end with his master’s degree, however, as he remained a key part of the UNSW School of Photovoltaic and Renewable Energy Engineering by serving as an instructor teaching a course of his own creation: “Solar Architectural Technologies.”

Throughout the remarkable career that followed his experience at UNSW, Kobacker has retained his skill for instruction and has been invited to speak at countless international conferences relating to his specific expertise in sustainable design and clean energy. A common thread throughout his career has been the role of finance in clean energy, with both his speaking engagements and his written work often focusing on removing the capital cost barriers associated with clean energy and sustainable business practices. Kobacker recently released a book on the subject, titled, “Removing the Capital Cost Barrier to Sustainable Design.”

Jon Giaan Can Change Your Unhealthy Living Conditions

Dr. Raouf Farag — Wed, 11 May 2016 22:35:15 +0000

Depending on where you live can have serious and obvious affects on your over all health. Living in a polluted city like Los Angeles has far more impact on your health than living in a smaller town. Likewise, living in a stressful city like New York City could wear you down and cause you to experience severe stress which can have strange impacts on your health than a laid back city would.

For anyone living in unfavorable conditions in an unpleasant environment, I encourage them to talk to Jon Giaan who is experienced in the business of changing living conditions for the better. The world is full of stress and if you don’t have peace in your home, where do you go? That’s how you know it’s time for a change. We must do all we can to minimize stress and the affects it has on our health.

Marlon Kobacker Suggests Clean Energy Could Create Economical Growth Explosions

Dr. Raouf Farag — Wed, 11 May 2016 18:46:44 +0000

According to Marlon Kobacker, renewable energy can support economies and advantage groups by contemplating the impacts of sun oriented and twist energy on the earth, economy and society. While numerous doubt this reasoning, Marlon Kobacker is sold out to this cause. His central goal is to make clean, renewable energy while making occupations and opportunities at the same time.

“On the off chance that we execute the right strategies and systems, we can succeed in the sending of renewable energy that creates employments, builds on incomes, enhances exchanges internationally and adds to modern improvement,” says Mr. Kobacker, CEO of Clean Energy Corporation Australia.

While we do have the way to make clean energy and we ought to keep on investing in renewable energy, we additionally ought to be seeking after the least expensive sort of energy.

Darren Pawski Discusses Potential Medical Impact of Financial Planning

Dr. Raouf Farag — Mon, 09 May 2016 17:08:41 +0000

Darren Pawski financial planning

The nature of the medical insurance industry is becoming an increasingly contentious issue during the lead-up to the presidential election in the United States, and, as Darren Pawski points out, one of the most prominent areas of discussion focuses on the role of financial health as it pertains to the ability to secure adequate medical care. The American medical system is complex, with many physicians saying that it is far more complicated than it has to be while also noting that eliminating the high overhead and profits of the insurance industry — not to mention the mountains of paperwork — would generate an annual savings of $500 billion.

Pawski and other finance professionals recognize the plight of many citizens of the United States whose access to necessary medical care is often limited by their income or their savings. It’s no secret that poverty is closely related to a reduced life expectancy, and several of the presidential candidates believe it is entirely objectionable that access to quality health and medical care is not considered a right of all people. Without weighing in on the solution — whether it is a single-payer healthcare system or something else entirely — Pawski notes that this issue should serve as a potent reminder of just how important it is to consider the many benefits associated with shrewd financial planning.