CASE STUDY of the ESA Habitat Conservation Planning (HCP) process Essay

CASE STUDY of the ESA Habitat Conservation Planning (HCP) process - Essay Example The duration of HCPs can range from one year up to one hundred years. The United States Fish and Wildlife Services have the discretion to negotiate with landowners when there are no other stakeholders used. Found on the north of San Francisco Peninsula stands the San Bruno Mountain Habitat Conservation Plan. In this essay, this HCP will be analyzed in details from all dimensions. A development project in the San Bruno Mountains necessitated the development of the San Bruno Mountains HCP. There arose a conflict on the development of the mountainous region by the Visitacion Associates with the San Mateo County authorities. To discourage the development of the area, the US Fish and Wildlife Service (USFWS) came in and recommended that the habitat would be conserved for butterfly conservation. The complexity arose from the interconnectedness of the Visitation Associates with the Republican government of Ronald Reagan. Despite their support from the Federal government, the local environmentalists were firm in supporting USFWS propositions. As a result of the confrontations, there was developed an agreement between the developer and the San Mateo County authorities to have the HCP established. The HCP provides a habitat for the mission blue butterfly (Plebejus icarioides missionensis) and the San Bruno elfin butterfly (Callophyrs mossi bayensis). These two have be en found to be endangered. In addition, the HCP provides for the protection of the Callippe silverspot butterfly (Spayeria callippe callippe). Despite the heightened disagreements at the start of the negotiations in the 1980s, the HCP was successfully established (Thomas Reid Associates, 1993). The establishment of the San Bruno HCP was surrounded by several controversies especially based on the involvement of many parties. The San Mateo County supervisor Bacciocco spearheaded the negotiation process by bringing the

Summative assignment on Next PLC Essay Example | Topics and Well Written Essays - 2500 words

Summative assignment on Next PLC - Essay Example J D Wetherspoon plc incorporated in the London Stock Exchange is a firm with the operations in the development and management of public houses. Incorporated in the year 1979, the company owns and operates 927 pubs offering food and drinks throughout the United Kingdom (Yahoo. Finance, 2014a).   The overall performance of the Wehttherspoon remained improving for the past five years of assessment. The liquidity position of the company is notably low which further declines under the pressure of inventory; while the profitability of the company is the declining as a result of increasing level of costs such as labour cost, marketing expenses and other repair and refurbishment etc (Reuters, 2013). The star year the in the recent most history of the company remained the year 2012 where Wetherspoon notable grew its revenue and profits in the year 2012. The underlying reason for such growth has been Euro 2012 football  tournament and the Diamond Jubilee in which the company opened net of 37 pubs in UK (BBC, 2012a). However, the impact of this event was clearly expected not to be sustained over a period of long term (BBC, 2012b). Despite this fact, the company is expanding its business to sustain the growth. For the purpose, expansion of the retail space of pubs is increasing, and the company has also expanded with a new pub in the Ireland (Yahoo. Finance, 2013). Expansion is widely being financed by debt in addition to the retained earnings (J D Wetherspoon Plc.,2014); hence, affecting the interest coverage ratio. Also, the gap between the EBITDA and EBIT is also increasing as the depreciation and the amortization expenses are increasing. Consistent expansion and rising cost h ave affected the margins within turn is reflected in the ROE OF the company in the year 2013 and onwards (BFN News,2013). For a similar reason, the EPS of the company has also declined. In the view of the capital expenditure that company has been incurring and planning to continue