Search

The Hendy Test is widely used for assessing whether isotopic equilibrium was reached in speleothems by examining the δ18O and δ13C correlation along a single growth layer. However, stalagmite micro-layers are typically only a few micrometers thick and taper off from the center towards the sides, making it challenging to sample within the same growth layer in practice. To address this, we selected three caves in the monsoon region of China (Shihua Cave in the north, Heshang Cave in the central, and Baojinggong Cave in the south) to verify whether the modern cave calcite has reached equilibrium fractionation with drip water. We examined the spatial variations in the δ18O and δ13C values of farmed calcite on glass plates, which are analogous to a single growth layer. The δ18O and δ13C correlations of farmed calcite from different cave sites are consistently strong, suggesting that kinetic fractionation effects are prevalent, especially at the drip sites with lower drip rates due to longer CO2 degassing. The δ18O–δ13C covariations can also occur along speleothem growth axes on short time scales, while isotopic variations over longer time scales are still in response to climate change. We propose that the Hendy Test criteria might not be prerequisites to isotopic equilibrium, and a Replication Test provides a more reliable indication of the integrity of isotopic proxies in paleoclimate research. [ABSTRACT FROM AUTHOR]

The current reconstructions of the Atlantic Multidecadal Oscillation (AMO) and Pacific Decadal Oscillation (PDO) primarily rely on marine sediment proxies. However, the limited resolution of these records makes it difficult to precisely understand the short‐term dynamics of the PDO and AMO, and consequently, their influence on global climate. This study unveils two new Holocene reconstructions of AMO and PDO derived from a large‐scale compilation of speleothem isotope records (δ18Os) from Chinese monsoon region, in which spatial patterns of summer rainfall are generally accepted as good indicators of internal variability. Principal component analysis applied to Chinese δ18Os records identifies the first principal component as representative of Holocene Asian monsoon (AM) variation. This data‐driven approach reveals a significant shift in hydroclimatic conditions after 8.2 ka, potentially providing valuable insights into the underlying forcing mechanisms driving these changes. The remanent components, which show spatial rainfall patterns, are effectively validated through independent records of AMO and PDO derived from the previous paleo‐proxy based reconstructions and model simulations. The present reconstructions suggest a significantly enhanced stability of the AMO and PDO in the middle Holocene, which may explain the concurrent more stable and optimum climate observed in the AM region. These findings also imply that the Holocene AM intensity recorded in Chinese cave records is largely controlled by external forcing, whereas the regionally heterogenous rainfall is regulated by internal variability. The successful attempt on the Holocene AMO and PDO reconstructions indicates an effective isolation between different modes of climate variability from paleoclimate records. Key Points: Different modes of climate variability are isolated from a large‐scale compilation of Chinese speleothem δ18O recordsHolocene high‐resolution Pacific Decadal Oscillation and Atlantic Multidecadal Oscillation variations are reconstructed based on Chinese speleothem δ18O recordsHigh stability of internal variability in the middle Holocene may explain the Holocene climate optimum [ABSTRACT FROM AUTHOR]

© 2015 Elsevier Ltd. Several recent studies have used records of the radiocarbon (14C) bomb peak in speleothems to inversely model the soil a 14CO2 and the age distribution of soil organic material (SOM) above caves, in part to investigate the potential of speleothems as sensitive records of past SOM dynamics. The results of these modeling studies have suggested that soil CO2 at karst sites is derived primarily from the decomposition of SOM with turnover times on the order of decades to centuries. This result is in stark contrast with observations of soil a 14CO2 at non-karst sites, which indicate that soil CO2 is derived primarily from root respiration and decomposition of SOM with much shorter turnover times. This discrepancy suggests that SOM in karst settings may have a very different age distribution than sites that have been studied previously and/or that soil CO2 is not the main source of speleothem carbon. To help resolve this discrepancy, we present an improved inverse model which we use to estimate the age of CO2 above several caves. We also present results from a detailed case study of soil carbon dynamics at Heshang Cave, China. This work demonstrates that SOM in karst sites may be much older than SOM in non-karst soils that have been studied previously, but that CO2 produced in the shallow soil zone is unlikely to be the main source of speleothem carbon. A review of the literature suggests that the most likely explanation for the aforementioned discrepancy is that decomposition of down-washed SOM in the vadose zone is the dominant source of speleothem carbon.

Recently, it has been shown that U-Th dated speleothems may provide a valuable archive of atmospheric radiocarbon (14C), but the reliability of these records is dependent upon the stability of the dead carbon proportion (DCP) derived from the soil and bedrock. In order to assess climatic influences on speleothem DCP, we have investigated DCP variability over the Holocene interval where atmospheric 14C is well known based on dendrochronologically dated tree rings by conducting 14C measurements on a U-Th dated stalagmite (HS4) from Heshang Cave, Hubei Province, China (30°27 'N, 110°25 'E; 294 m) spanning 0.5-9.6 ka. We investigated climatic controls on DCP, and found that DCP in HS4 has an average value over the Holocene of 10.3 ± 1.5%, with an average age offset from atmospheric radiocarbon of 875 ± 130 years, and displays a response to both precipitation increases and decreases. HS4 DCP increases during the wetter mid-Holocene interval (~5.5-7.1 ka), likely reflecting a shift to more closed-system dissolution in response to increased soil moisture. DCP decreases during the 8.2 ka event, a time period of dry conditions at Heshang Cave, though the lower amplitude of this shift indicates that DCP may be less sensitive to dry events. Speleothems are potentially valuable archives of atmospheric radiocarbon, especially in older portions of the 14C calibration curve where knowledge of atmospheric 14C is limited, however minor climatic influences on DCP could introduce uncertainties of several hundred years to calibrated ages. © 2014 Elsevier B.V.

Heshang Cave is situated in central China (30°27’N, 110°25’E; 294 m) in the middle reaches of the Yangtze Valley, a region strongly impacted by the East Asian Monsoon. It contains large annually-laminated Holocene and late Pleistocene stalagmites which capture past monsoon behaviour with seasonal resolution, and could enhance understanding of the amplitude and frequency of monsoon behaviour in different climate states. In this paper, we present results of a 3-year monitoring programme at Heshang. T loggers outside the cave agree closely with T data from nearby meteorological stations. T at the site of growth of the largest recovered stalagmite averages 18°C (identical to mean annual T outside the cave) with a seasonal amplitude of 5ºC (about one fifth of the external cycle). Rainfall measurements from a station 3 km from the cave indicate strong summer monsoon rain in 2004 and 2005, but rather weaker summer rain (by ≈30%) in 2006. Drip rate at the monitoring site has a base flow of 14 drips/minute and shows a sharp increase to ≈40 drips/minute early in the summer rains of 2004 and 2005, followed by a gradual return to base-flow as the monsoon weakens. This abrupt change presumably represents threshold behaviour in the hydrological system. This threshold is not passed in 2006 and there is no abrupt increase in drip rate, indicating the sensitivity of this site (and presumably of speleothem chemistry in this cave) to monsoon rainfall. Results are also reported from a 10-month deployment of a Stalagmate drip counter, and for CO2 levels in Heshang Cave. Overall, this monitoring work represents an essential dataset for interpretation of the chemistry of drip waters, of carbonates grown on glass slides and, ultimately, of long speleothem records of past climate from Heshang Cave.

A reconstruction of Holocene rainfall is presented for southwest China - an area prone to drought and flooding due to variability in the East Asian monsoon. The reconstruction is derived by comparing a new high-resolution stalagmite δ18O record with an existing record from the same moisture transport pathway. The new record is from Heshang Cave (30°27′N, 110°25′E; 294 m) and shows no sign of kinetic or evaporative effects so can be reliably interpreted as a record of local rainfall composition and temperature. Heshang lies 600 km downwind from Dongge Cave which has a published high-resolution δ18O record (Wang, Y.J., Cheng, H., Edwards, R.L., He, Y.Q., Kong, X.G., An, Z.S., Wu, J.Y., Kelly, M.J., Dykoski, C.A., Li, X.D., 2005. The Holocene Asian monsoon: links to solar changes and North Atlantic climate. Science 308, 854-857). By differencing co-eval δ18O values for the two caves, secondary controls on δ18O (e.g. moisture source, moisture transport, non-local rainfall, temperature) are circumvented and the resulting Δδ18O signal is controlled directly by the amount of rain falling between the two sites. This is confirmed by comparison with rainfall data from the instrumental record, which also allows a calibration of the Δδ18O proxy. The calibrated Δδ18O record provides a quantitative history of rainfall in southwest China which demonstrates that rainfall was 8% higher than today during the Holocene climatic optimum (≈ 6 ka), but only 3% higher during the early Holocene. Significant multi-centennial variability also occurred, with notable dry periods at 8.2 ka, 4.8-4.1 ka, 3.7-3.1 ka, 1.4-1.0 ka and during the Little Ice Age. This Holocene rainfall record provides a good target with which to test climate models. The approach used here, of combining stalagmite records from more than one location, will also allow quantification of rainfall patterns for past times in other regions. © 2008.

We report the presence of clear annual cycles in trace-element (Mg/Ca, Sr/Ca, Ba/Ca, and U/Ca) and stable-isotope (δ18O and δ13C) composition in an annually banded stalagmite from Heshang Cave, Hubei Province, China (30.44°N, 110.42°E). Through a combination of micromilling and in situ analysis (LA-MC-CPMS), we measured geochemical variations across 16 annual growth bands, to assess their potential as seasonal resolution paleomonsoon proxies. To facilitate comparison with modern climatic and environmental data we created composite annual cycles for each proxy by stacking 6 well-defined years. Speleothem δ18O variations (- 10.8‰ to - 8.5‰) are controlled by seasonal variations in temperature and drip-water δ18O which lead to maximum values during May, around the time of summer monsoon onset. This provides a chronological marker which can be used to constrain the timing of the other geochemical cycles. The composite cycles reveal a strong positive correlation between Mg/Ca, Sr/Ca, Ba/Ca, and δ13C values in the micromilled section (R2 = 0.65-0.98), with minimum values occurring around May. Maximum U/Ca values occur at the same time. We present simple models which show that these correlations, as well as the observed ranges of Mg/Ca (14.1 to 22.4 mmol/mol), Sr/Ca (0.2 to 0.4 mmol/mol), and δ13C (- 12.5 ‰ to - 10.7-), may be fully explained by progressive CO2 degassing and calcite precipitation from an initially saturated solution. Using realistic initial conditions for Heshang Cave (T = 18 °C, Mg/Casolution = 0.84 mol/mol, Sr/Casolution = 0.69 mmol/mol, δ13CTDIC = - 16.75‰), we find that the observed relationships can be produced by using DMg = 0.016 and DSr = 0.30, within the range of expected values. The model suggests that the fraction of Ca removed from the solution ranges from 0 to 30% to produce the observed seasonal cycles. This variation may be due to two related processes which occur during drier periods: (1) increased prior precipitation of calcite in the epikarst or on the cave ceiling, and/or (2) a greater degree of CO2 degassing and calcite precipitation on stalagmite surfaces when drip-rates are lower. Both mechanisms would have the effect of enriching speleothem Mg/Ca, Sr/Ca, Ba/Ca, and δ13C values during drier periods. Past variations in Heshang carbonate chemistry may therefore be useful as seasonal resolution proxies for past rainfall. © 2006 Elsevier B.V. All rights reserved.

To estimate the parameters of the model of option pricing based on the model of rough fractional stochastic volatility (RFSV), we have carried out the empirical analysis during our study on the pricing of SSE 50ETF options in China. First, we have estimated the parameters of option pricing model by adopting the Monte Carlo simulation. Subsequently, we have empirically examined the pricing performance of the RFSV model by adopting the SSE 50ETF option price from January 2019 to December 2020. Our research findings indicate that by leveraging the RFSV model, we are able to attain a more accurate and stable level of option pricing than the conventional Black–Scholes (B-S) model on constant volatility. The errors of option pricing incurred by the B-S model proved to be larger and exhibited higher volatility, revealing the significant impact imposed by stochastic volatility on option pricing. [ABSTRACT FROM AUTHOR]