13 results
Search Results
2. A Voting Architecture for the Governance of Free-Driver Externalities, with Application to Geoengineering.
- Author
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Weitzman, Martin L.
- Subjects
FREE-rider problem ,ENVIRONMENTAL engineering ,PUBLIC goods ,CLIMATE change ,ECONOMICS ,SOLAR radiation management - Abstract
Abating climate change is an enormous international public-goods problem with a classical "free-rider" structure. However, it is also a global "free-driver" problem because geoengineering the stratosphere with reflective particles to block incoming solar radiation is so cheap that it could essentially be undertaken unilaterally by one state perceiving itself to be in peril. This exploratory paper develops the main features of a free-driver externality in a simple model motivated by the asymmetric consequences of type-I and type-II errors. I propose a social-choice decision architecture, embodying the solution concept of a supermajority voting rule, and derive its basic properties. [ABSTRACT FROM AUTHOR]
- Published
- 2015
- Full Text
- View/download PDF
3. Solar geoengineering economics: From incredible to inevitable and half-way back.
- Author
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Harding, Anthony and Moreno‐Cruz, Juan B.
- Subjects
ENVIRONMENTAL engineering ,GOVERNMENT policy on climate change ,SOLAR radiation management - Abstract
Solar geoengineering technologies are unique in many ways, and the economic incentives they could unleash are just as interesting. Since their introduction as a potential alternative, economists have been intrigued by the potential of these technologies to dramatically alter the way we think about climate policy. As our scientific understanding of the technologies evolve, so does the way economists think about them. In this paper, we document the evolution of economic thinking around these technologies since before Crutzen (2006) until today and provide some fruitful areas for further research. [ABSTRACT FROM AUTHOR]
- Published
- 2016
- Full Text
- View/download PDF
4. Sustaining social development in a small island developing state? The case of Seychelles.
- Author
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Campling, Liam and Rosalie, Michel
- Subjects
ISLAND economies ,SOCIOECONOMICS ,TOURISM ,SERVICE industries ,SUSTAINABLE development ,ECONOMIC development ,ENVIRONMENTAL engineering ,ECONOMICS - Abstract
Since the 1970s there has been a significant interest in small island developing states (SIDS). Since the 1990s the vast majority of this focus has been on economic and environmental ‘vulnerabilities’. This paper reaffirms the importance of ‘the social’ when analysing the ‘vulnerabilities’ of SIDS through a country case study of Seychelles in the context of its SIDS status. It outlines Seychelles' demographic processes and macroeconomic volatilities and discusses its post-independence social development achievements. This paper provides critical analysis of how these achievements have been attained and considers the extent to which the present levels are sustainable. It argues that significant social gains are under threat from a range of domestic and international forces, potentially destabilizing the main pillar of the economy, tourism. The paper concludes that while the economic and environmental vulnerabilities of SIDS are of conceptual importance, reaffirming the centrality of the social is vital to understanding the potential causes and consequences of these vulnerabilities. Copyright © 2006 John Wiley & Sons, Ltd and ERP Environment. [ABSTRACT FROM AUTHOR]
- Published
- 2006
- Full Text
- View/download PDF
5. Climate services: Lessons learned and future prospects.
- Author
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Brasseur, Guy P. and Gallardo, Laura
- Subjects
CLIMATE change ,ECONOMICS ,CLIMATE change mitigation ,ENVIRONMENTAL engineering - Abstract
This perspective paper reviews progress made in the last decades to enhance the communication and use of climate information relevant to the political and economic decision process. It focuses, specifically, on the creation and development of climate services, and highlights a number of difficulties that have limited the success of these services. Among them are the insufficient awareness by societal actors of their vulnerability to climate change, the lack of relevant products and services offered by the scientific community, the inappropriate format in which the information is provided, and the inadequate business model adopted by climate services. The authors suggest that, to be effective, centers should host within the same center a diversity of staff including experts in climate science, specialists in impact, adaptation, and vulnerability, representatives of the corporate world, agents of the public service as well as social managers and communication specialists. The role and importance of environmental engineering is emphasized. [ABSTRACT FROM AUTHOR]
- Published
- 2016
- Full Text
- View/download PDF
6. OPTIMAL ENVIRONMENTAL TAXES: EFFECTS OF POLLUTION DECAY AND CONSUMER AWARENESS.
- Author
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SANDAL, LEIF K. and STEINSHAMN, STEIN I.
- Subjects
POLLUTION ,ENVIRONMENTAL engineering ,AIR pollution ,EMISSIONS (Air pollution) ,CONSUMERS ,CONSUMER behavior ,ECONOMICS - Abstract
The effects of nonlinear decay and consumer preferences are analyzed in a setting where optimal extraction of nonrenewable resources is combined with stock externalities. The control is exercised via a corrective tax and the time horizon is divided into two periods: an initial phase with extraction and a terminal phase without extraction. The time horizon with extraction is determined endogenously. The model does not assume separability of the objective function. The purpose here is to demonstrate that relatively simple deviations from the standard assumptions, such as linear decay and no consumer awareness, may have large effects. Sensitivity analyses indicate large differences in the optimal extraction period, the total level of extraction and cumulative emissions depending on the form of the decay function and the presence of consumers' awareness for the environment. [ABSTRACT FROM AUTHOR]
- Published
- 2008
- Full Text
- View/download PDF
7. Evaluating Environmental Risks Using Safety-First Constraints.
- Author
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Qiu, Zeyuan, Prato, Tony, and McCamley, Francis
- Subjects
AGRICULTURAL economics ,RISK ,ENVIRONMENTAL engineering ,ECONOMETRIC models ,ECONOMICS - Abstract
This paper incorporates an upper partial moment concept into a linear programming model to impose safety-first environmental constraints. The model is linear and deterministic, treats a discrete sample as an empirical distribution, and optimizes over the column space. It allows a decision maker to specify the objectives and the compliance probabilities with the objectives when making decisions, and endogenously determines the risk levels. Even though it is presented in the context of environmental management, the model is general enough to be extended to other situations where the probability of a variable exceeding some target or standard is restricted. [ABSTRACT FROM AUTHOR]
- Published
- 2001
- Full Text
- View/download PDF
8. Geoengineering: The Next Era of Geopolitics?
- Author
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Dalby, Simon
- Subjects
ENVIRONMENTAL engineering ,GEOPOLITICS ,INTERNATIONAL relations ,ANTHROPOCENE Epoch ,CIVILIZATION ,INTERNATIONAL competition ,CLIMATE change mitigation ,ECONOMICS - Abstract
While geopolitics used to be about the context of global politics, now in the Anthropocene, it has become a matter of remaking that context rather than taking it as a given. What kind of planet is being made for what kind of civilization is now an unavoidable question of the global economy, as is the related political question of contemporary globalization concerning who decides the future planetary configuration. The discussion of geoengineering proceeds apace as the limited success of climate mitigation focuses attention on what comes next. Thinking about how to govern geoengineering before major experiments are tried unilaterally might be the key to preventing future conflicts over such practical issues as what temperature the planet ought to be. Such questions are the key to the new geopolitics of the Anthropocene, a debate to which geography in general and political geography in particular could have much to contribute. [ABSTRACT FROM AUTHOR]
- Published
- 2015
- Full Text
- View/download PDF
9. Benefiting from Climate Geoengineering and Corresponding Remedial Duties: The Case of Unforeseeable Harms.
- Author
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Heyward, Clare
- Subjects
ENVIRONMENTAL engineering ,CLIMATE change ,CLIMATOLOGY ,UNJUST enrichment ,ETHICS ,PSYCHOLOGY ,ECONOMICS ,MANAGEMENT - Abstract
Many have argued that that it is morally wrong to benefit from an agent's culpable wronging of a third party. This thought has formed the basis of some arguments that agents can have duties to make up for wrongful acts by others that they could not have stopped, or that occurred before they were born. For example, it has been argued that those who benefited from slavery, colonialism and other shameful events in their nation's history should surrender those benefits, their equivalent value, or provide other forms of redress. Some have also argued that it is morally wrong to benefit from unjust situations caused by third parties even where there is no culpable element. These ideas have potential to be a principle of redress for harms that are caused by the working of very complex systems, such as the global climate system. Geoengineering, the intentional manipulation of the global climate, is a new development in climate science and policy - and one which raises many normative challenges. This article focuses on one specific challenge. The global climate is very complex and there is a real possibility that the best available science will not be able to account for all the consequences of deploying a geoengineering technique. Therefore, any governance regime that allows deployment will have to consider how to organise compensation or redress for any adverse impacts that could not have been predicted at the time of deployment. This article proposes that, with some modification, the principle that agents should surrender benefits that have accrued to them from using geoengineering techniques, can be a good basis for such a scheme. [ABSTRACT FROM AUTHOR]
- Published
- 2014
- Full Text
- View/download PDF
10. Understanding the impacts of allocation approaches during process-based life cycle assessment of water treatment chemicals.
- Author
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Alvarez‐Gaitan, Juan P, Peters, Gregory M, Short, Michael D, Schulz, Matthias, and Moore, Stephen
- Subjects
ALLOCATION of organs, tissues, etc. ,LIFE cycles (Biology) ,WATER purification ,ECONOMICS ,WATER utilities ,ENVIRONMENTAL engineering ,FLOCCULATION - Abstract
ABSTRACT Chemicals are an important component of advanced water treatment operations not only in terms of economics but also from an environmental standpoint. Tools such as life cycle assessment (LCA) are useful for estimating the environmental impacts of water treatment operations. At the same time, LCA analysts must manage several fundamental and as yet unresolved methodological challenges, one of which is the question of how best to 'allocate' environmental burdens in multifunctional processes. Using water treatment chemicals as a case study example, this article aims to quantify the variability in greenhouse gas emissions estimates stemming from methodological choices made in respect of allocation during LCA. The chemicals investigated and reported here are those most important to coagulation and disinfection processes, and the outcomes are illustrated on the basis of treating 1000 ML of noncoagulated and nondisinfected water. Recent process and economic data for the production of these chemicals is used and methodological alternatives for solving the multifunctionality problem, including system expansion and mass, exergy, and economic allocation, are applied to data from chlor-alkali plants. In addition, Monte Carlo simulation is included to provide a comprehensive picture of the robustness of economic allocation results to changes in the market price of these industrial commodities. For disinfection, results demonstrate that chlorine gas has a lower global warming potential (GWP) than sodium hypochlorite regardless of the technique used to solve allocation issues. For coagulation, when mass or economic allocation is used to solve the multifunctionality problem in the chlor-alkali facility, ferric chloride was found to have a higher GWP than aluminum sulfate and a slightly lower burden where system expansion or exergy allocation are applied instead. Monte Carlo results demonstrate that when economic allocation is used, GWP results were relatively robust and resilient to the changes in commodity prices encountered during the study period, with standard deviations less than 6% for all chlor-alkali-produced chemicals reported here. Overall outcomes from the study demonstrate the potential variability in LCA results according to the allocation approach taken and emphasize the need for a consensus approach to water sector LCAs. Integr Environ Assess Manag 2013;X:000-000. © 2013 SETAC Integr Environ Assess Manag 2014;10:87-94. © 2013 SETAC [ABSTRACT FROM AUTHOR]
- Published
- 2014
- Full Text
- View/download PDF
11. Geoengineering: Re-making Climate for Profit or Humanitarian Intervention?
- Author
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Jean Buck, Holly
- Subjects
ENVIRONMENTAL engineering ,HUMANITARIANISM ,PREVENTION of global warming ,ENVIRONMENTAL policy ,ENVIRONMENTAL economics ,CAPITALISM ,ECONOMICS ,INTERNATIONAL cooperation - Abstract
ABSTRACT Climate engineering, or geoengineering, refers to large-scale climate interventions to lower the earth's temperature, either by blocking incoming sunlight or removing carbon dioxide from the biosphere. Regarded as 'technofixes' by critics, these strategies have evoked concern that they would extend the shelf life of fossil-fuel driven socio-ecological systems for far longer than they otherwise would, or should, endure. A critical reading views geoengineering as a class project that is designed to keep the climate system stable enough for existing production systems to continue operating. This article first examines these concerns, and then goes on to envision a regime driven by humanitarian agendas and concern for vulnerable populations, implemented through international development and aid institutions. The motivations of those who fund research and implement geoengineering techniques are important, as the rationale for developing geoengineering strategies will determine which techniques are pursued, and hence which ecologies are produced. The logic that shapes the geoengineering research process could potentially influence social ecologies centuries from now. [ABSTRACT FROM AUTHOR]
- Published
- 2012
- Full Text
- View/download PDF
12. The Role of Voluntary Industry Standards in Environmental Supply-Chain Management: An Institutional Economics Perspective.
- Author
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Rosen, Christine Meisner, Beckman, Sara L., and Bercovitz, Janet
- Subjects
COMPUTER industry ,ENVIRONMENTAL engineering ,ENVIRONMENTAL sciences ,ECONOMICS ,SEMICONDUCTOR industry - Abstract
Our article uses a new institutional economics (NIE) framework to explore the role of voluntary industry standards in the development and implementation of environmental supplier-management programs in the computer industry. We examine two different voluntary standards, one for the management of design for environment (DfE) in the semiconductor fabrication equipment sector and the other for assessing the implementation and use of environmental management systems throughout the computer industry supply chain. We compare and contrast the two standards to explain why the former was widely adopted and has helped integrate DfE into buyer-supplier relations among adopters, whereas the latter failed to gain acceptance. In line with NIE logic, both standards aimed to lower transaction and customization costs by setting "rules of the game" for interfirm transactions that would help simplify and routinize novel environmental supply-chain programs and activities. Their differential success can be elucidated in terms of how well each met the NIE criteria for remediableness and legitimacy. We conclude that voluntary standards have the potential to play an important role in promoting DfE in industrial supply chains. We further conclude that NIE provides a conceptual framework of great value to industrial ecologists who analyze how industry standards and other institutions help firms move toward more sustainable supply-chain management practices. [ABSTRACT FROM AUTHOR]
- Published
- 2002
- Full Text
- View/download PDF
13. BENEFIT-COST ANALYSIS: ITS USE (MISUSE) IN EVALUATING WATER RESOURCE PROJECTS.
- Author
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Roberts, Paul E.
- Subjects
NATURAL resources management ,ENVIRONMENTAL engineering ,WATER resources development ,COST effectiveness ,ECONOMICS - Abstract
Discusses problems of assigning value to natural resources and the use of major tool of economic analysis, benefit-cost analysis in the evaluation and utilization of it in the U.S. Problems in assigning value to environmental resources; Economic analysis explicit in the National Environmental Policy Act; Shortcomings in the benefit-cost analysis of proposed water resource projects.
- Published
- 1976
- Full Text
- View/download PDF
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