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Teschego: Difference between revisions
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== Economy == | == Economy == | ||
Teschego has one of the highest per capita incomes in the Woqalate. Its GDP per capita is $76,552, which is the third-highest in Tierrador, behind only [[Taisgol]] and [[Las Rozas]]. As of November 2031, Teschego had an unemployment rate of 2.1%, the lowest in Tierrador. Its total workforce is about 2,957,882, working for approximately 197,192 total employer establishments, as of 2033. Teschego’s economy is dominated by mineral extraction, with more than | Teschego has one of the highest per capita incomes in the Woqalate. Its GDP per capita is $76,552, which is the third-highest in Tierrador, behind only [[Taisgol]] and [[Las Rozas]]. As of November 2031, Teschego had an unemployment rate of 2.1%, the lowest in Tierrador. Its total workforce is about 2,957,882, working for approximately 197,192 total employer establishments, as of 2033. Teschego’s economy is dominated by mineral extraction and livestock, with more than 70% of the commonwealth’s revenues deriving from both livestock agriculture along with the extraction and exportation of rare and base-earth minerals, such as gold, zinc, precious metals, and coal. Besides mineral extraction, Teschego’s main exports include oil and natural gas, wool from sheep, seafood, such as salmon, cod, and crab, Polynesian fruits and vegetables, Polynesian timber, and livestock. Tourism is also a very large industry in the commonwealth, as it is one of the most visited commonwealths in Tierrador. Most employed Teschego residents work for the government, along with industries such as mineral extraction and in tourism organizations. TDF military bases also play a large role in the commonwealth’s GDP, and as of 2034, most active TDF personnel are based in Teschego. The commonwealth also receives a large sum of federal subsidies, allowing for lower taxes in the commonwealth, making it an ideal place to live. Teschego has the lowest cost of living of any Tierradorian commonwealth. | ||
===Energy=== | ===Energy=== | ||
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Teschego has the largest energy reserves of any Tierradorian commonwealth. However, its petroleum reserves have become somewhat depleted around the late 2020s to early 2030s, and the commonwealth had fallen to second in petroleum production after [[Ulunkheria]]. In the mid-2010s, the commonwealth's [[Teschego Department of Energy|Energy Department]] began to diversify its energy sources, including the subsidization of [[w:Nuclear power|nuclear]], [[w:Wind power|wind]], and [[w:Hydroelectricity|hydroelectric]] energy sources. While nuclear and hydroelectric power plants have existed in the commonwealth, they were only used for major population centers, such as Tataía and Apin Tascaí. In 2009, TDOE announced a new power grid, with a main focus on hydroelectric power with a few nuclear plants, with it spanning the entirety of the commonwealth. The [[Peratra Interconnection]] was completed in Teschego in 2028, with plans to expand it to Timbia by 2042. Teschego is one of two commonwealths to use its own, deregulated interconnecting energy grid. | Teschego has the largest energy reserves of any Tierradorian commonwealth. However, its petroleum reserves have become somewhat depleted around the late 2020s to early 2030s, and the commonwealth had fallen to second in petroleum production after [[Ulunkheria]]. In the mid-2010s, the commonwealth's [[Teschego Department of Energy|Energy Department]] began to diversify its energy sources, including the subsidization of [[w:Nuclear power|nuclear]], [[w:Wind power|wind]], and [[w:Hydroelectricity|hydroelectric]] energy sources. While nuclear and hydroelectric power plants have existed in the commonwealth, they were only used for major population centers, such as Tataía and Apin Tascaí. In 2009, TDOE announced a new power grid, with a main focus on hydroelectric power with a few nuclear plants, with it spanning the entirety of the commonwealth. The [[Peratra Interconnection]] was completed in Teschego in 2028, with plans to expand it to Timbia by 2042. Teschego is one of two commonwealths to use its own, deregulated interconnecting energy grid. | ||
Despite these advances in energy and the depletion of oil and gas reserves in the commonwealth, the petroleum industry still dominates the energy sector of Teschego's economy. Until 2029, Teschego was the largest producer of petroleum in Tierrador, now it being second, but by a very close margin. | Despite these advances in energy and the depletion of oil and gas reserves in the commonwealth, the petroleum industry still dominates the energy sector of Teschego's economy. Until 2029, Teschego was the largest producer of petroleum in Tierrador, now it being second, but by a very close margin. The commonwealth’s refineries are able to process 4.5 million barrels of oil per day, about 31% of Tierrador’s oil yield. The [[Cape Sudmoll Refinery]] off the commonwealth’s eastern coast is the largest refinery in Tierrador. Teschego is also home to 120 trillion cubic feet of natural gas reserves, the most in Tierrador. Many energy companies are based in Teschego, including [[TescheCo]], [[Polynesian Energy|POLY Energy]], [[Sudmoll Refining]], and [[Natukala]]. | ||
===Agriculture and fishing=== | |||
Much like the rest of Tierrador, Teschego’s agriculture and mining industries are very important to the commonwealth’s GDP. The commonwealth has the 10th-most farms in the country, and has the 6th most acreage. Teschego’s agriculture industry is mainly focused on livestock, of which it represents $5 billion worth, or half of the commonwealth’s agriculture sector. This number mostly consisted of sheep, as their wool was one of Teschego’s largest exports for most of the 20th century. The rest of Teschego’s agricultural yields include Polynesian timber, which represents $2.1 billion worth, Polynesian fruits such as [[w:Guava|guava]], [[w:Mango|mangoes]], [[w:Papaya|papayas]], [[w:Pineapple|pineapples]], and [[w:Coconut|coconuts]], and dairy products, which represent $1.1 billion worth. Teschego also has a very strong fishing industry. The commonwealth has seen a massive abundance of seafood, and has several large fisheries along its Polynesian Sea coast. Teschego exports large numbers of salmon, crab, cod, shrimp, and tuna, and the fishing industry in the commonwealth accounts for 18% of its GDP. | |||
===Mineral extraction=== | |||
== Government & politics == | == Government & politics == | ||