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REITs are highly sensitive to capital market conditions, which remain very difficult for many borrowers, because REITs must pay at least 90 percent of earnings as dividends to shareholders to keep from being taxed themselves.
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MSP is highly sensitive to camelina feedstock cost and co-product credits, with little sensitivity to capital cost, discount rate, plant capacity, and hydrogen cost.
The economic performance of the different waste management options is sensitive to their capital costs and this would depend on plant scale, suppliers and local area logistics.
Moreover, the high investment costs make all the studied cases sensitive to variations in capital costs.
However, the analysis did highlight that the Levelised Cost of Storage of a Pumped Heat Energy Storage system is sensitive to assumptions on capital expenditure and round trip efficiencies, emphasising a need for further empirical evidence at grid-scale and detailed cost analysis.
"And community banks, of course, because they're not too big to fail, are much more sensitive to maintaining their capital levels, and that's the value of the market: Because they know that there's no one [who is] going to stand behind them.
We found that cost estimates were most sensitive to variations in capital and overhead data as well as some labour inputs.
Urban Beijing appears unaffected, doubtless to the relief of officials who are acutely sensitive to instability in the capital.
All these dismal sums explain why nuclear projects are exceptionally sensitive to the cost of capital....and cheap forever?Never mind that, the nuclear industry argues; tomorrow's plants will prove cheaper to operate in several ways.
Fast growth overseas has attracted more capital, and that capital is less sensitive to events stateside.
The Basel committee's latest paper tries to respond to this worry by making the capital ratios less sensitive to business cycles, and by making room for a capital buffer against so-called pro-cyclicality, all at the discretion of supervisors.Huw van Steenis at Morgan Stanley believes that the market downturn is already rendering some bits of financial regulation less relevant.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com