Landlord

Landlord is the owner of a house, apartment, condominium, or real estate which is rented or leased to an individual or business, who is called a tenant (also a lessee or renter). When a juristic person is in this position, the term landlord is used. Other terms include lessor and owner. The term landlady may be used in some jurisdictions for female owners, but landlord can apply to both genders.

Sustainable energy

Sustainable energy is the provision of energy such that it meets the needs of the present without compromising the ability of future generations to meet their needs. A broader interpretation may allow inclusion of fossil fuels as transitional sources while technology develops, as long as new sources are developed for future generations to use. A narrower interpretation includes only energy sources which are not expected to be depleted in a time frame relevant to the human race, which can potentially also include nuclear power if it is utilized different than the current manner. Sustainable energy sources are most often regarded as including all renewable sources, such as biofuels, solar power, wind power, wave power, geothermal power and tidal power. It usually also includes technologies that improve energy efficiency. Conventional fission power is sometimes referred to as sustainable, but this is controversial politically due to concerns about peak uranium, radioactive waste disposal and the risks of disaster due to accident, terrorism, or natural disaster.

Fractional ownership

In business, fractional ownership is a percentage share of an expensive asset. Shares are sold to individual owners. A fractional owner enjoys priorities and privileges, such as reduced rates, priority access on holidays and income sharing. Typically, a company manages the asset on behalf of the owners, who pay monthly/annual fees for the management plus variable (e.g. per-hour, per-day) use fees. For rapidly-depreciating assets, the management company may sell the asset and distribute the proceeds back to the owners, who can then claim a capital loss and optionally purchase a fraction of a new asset. Whether fractional ownership provides a financial advantage over renting is an on-going debate, and some countries and regions have tax laws that provide additional benefits for owners, such as capital-loss allowances, while others might penalize ownership over renting.

Ecotourism

Ecotourism (also known as ecological tourism) is responsible travel to fragile, pristine, and usually protected areas that strives to be low impact and (often) small scale. It helps educate the traveler; provides funds for conservation; directly benefits the economic development and political empowerment of local communities; and fosters respect for different cultures and for human rights. Eco tourism is very important so that future generations can experience the wonderful environment we have today. As defined by the co-founder of the Center for Responsible Travel, Martha Honey, Ph.D., in her book Ecotourism and Sustainable Development, Second Edition: Who Owns Paradise?. Most serious studies of ecotourism including several university programs now use this as the working definition.

Biofuel

Biofuels – liquid fuels derived from plant materials – are entering the market, driven by factors such as oil price spikes and the need for increased energy security. Bioethanol is an alcohol made by fermenting the sugar components of plant materials and it is made mostly from sugar and starch crops. With advanced technology being developed, cellulosic biomass, such as trees and grasses, are also used as feedstocks for ethanol production. Ethanol can be used as a fuel for vehicles in its pure form, but it is usually used as a gasoline additive to increase octane and improve vehicle emissions. Bioethanol is widely used in Brazil (Ethanol fuel in Brazil, where 100% of the gas stations sell it and all gas contains 25% of bioethanol) and in the USA. Biodiesel is made from vegetable oils, animal fats or recycled greases. Biodiesel can be used as a fuel for vehicles in its pure form, but it is usually used as a diesel additive to reduce levels of particulates, carbon monoxide, and hydrocarbons from diesel-powered vehicles. Biodiesel is produced from oils or fats using transesterification and is the most common biofuel in Europe. Biofuels provided 1.8% of the world’s transport fuel in 2008. Investment into biofuels production capacity exceeded $4 billion worldwide in 2007 and is growing.