Benchmark-based allocations in EU ETS Phase 3: an early assessment

Phase 3 of the European Union Emissions Trading Scheme (EU ETS; 2013–2020) sees the introduction of new rules governing the free allocations of emissions allowances given to energy-intensive industries. In contrast to Phases 1 and 2, allocations will be based on historical production multiplied by best available emissions technology benchmarks. This article exploits an original database to provide a first analysis of the distributional and economic efficiency implications of the new rules. It is shown empirically that the new allocation rules reduce the scope for windfall gains by EU ETS firms while also effectively mitigating carbon leakage risks, even assuming optimistic forecasts of Phase 3 carbon prices. The example of the cement sector is used to show that benchmarking significantly improves the harmonization of the levels of free allocations to competing firms throughout the EU compared to Phase 2. However, it is also found that the use of ex ante output levels to determine allocations still leaves considerable scope for windfall gains and possible distortions of the internal market.     

Analysis of high-frequency multipath in 1-Hz GPS kinematic solutions

High-frequency multipath would be problematic for studies at seismic or antenna dynamical frequencies as one could mistakenly interpret them as signals. A simple procedure to identify high-frequency multipath from global positioning system (GPS) time series records is presented. For this purpose, data from four GPS base stations are analyzed using spectral analyses techniques. Additional data, such as TEQC report files of L1 pseudorange multipath, are also used to analyze the high-frequency multipath and confirmation of the high-frequency multipath inferred from the phase records. Results show that this simple procedure is effective in identification of high-frequency multipath. The inferred information can aid interpretation of multipath at the GPS site, and is important for a number of reasons. For example, the information can be used to study GPS site selections and/or installations.

A record of the upper Cochiti polarity transition from the Southern Hemisphere (FIJI)

We sampled the upper Cochiti polarity transition recorded in the Suva Marl in Fiji (18° S, 178° E). The Suva Marl accumulated at an average rate of 83.2 m/m.y. and provides a unique opportunity to address the question of whether present-day overprints bias the transition records. Fiji has undergone a 30° counterclockwise rotation since the deposition of the Suva Marl and hence a present day overprint onto the transitions would bias the VGPs toward the east of the site. Replicate transition records yield VGPs over both Asia and the Americas. Progressive demagnetization reveals a normal polarity overprint which was acquired prior to the rotation of Fiji, and therefore does not produce an easterly bias to the transition data even after correction for the rotation. We collected an oriented block sample across a portion of the transitional interval in the upper Cochiti reversal. Subsampling of this block into 1.0 cm thick wafers cut parallel to bedding provides considerably greater detail during the transition. These detailed data suggest that the oscillatory movement of the VGPs in these sections may be a result of the averaging caused by standard, detailed minicoring and not by the sediments or the remanence acquisition process.     

http://www.sciencedirect.com/science/article/pii/S1674987113000327

The Panzhihua intrusion in southwest China is part of the Emeishan large igneous province and host of a large Fe-Ti-V ore deposit.In previous interpretations it was considered to be a layered,differentiated sill with the ore deposits at its base.New structural and petrological data suggest instead that the intrusion has an open S-shape,with two near-concordant segments joined by a discordant dyke-like segment. During emplacement of the main intrusion,multiple generations of mafic dykes invaded carbonate wall rocks,producing a large contact aureole.In the central segment,magmatic layering is oriented oblique to the walls of the intrusion.This layering cannot have formed by crystal settling or in-situ growth on the floor of the intrusion;instead we propose that it resulted from inward solidification of multiple,individually operating,convection cells.Ore formation was triggered by interaction of magma with carbonate wall rocks.     

Spectrum of climate change and streamflow alteration at a watershed scale

Worldwide, evidences of water cycle alteration and fresh water resources depletion are frequently reported with various magnitudes. This alteration in the hydrologic cycle is often regarded as a signal of the actual climate change. However, the debate on climate change seems to have preferentially focused on global-scale patterns such that the rich knowledge gathered in the domain is virtually less integrated to decision making at the watershed level. Indeed, the watershed apprehension of climate change is probably an imperative for sustainable water resources planning. The scope of the present study aligns with that imperative as it aims at conciliating patterns of climate change with observations of hydrologic alterations at the watershed level. Specifically, the paper describes the interplay between land-cover changes and the terrestrial water cycle disturbances under climate change at the global level. Thereafter, it reports a watershed-level analysis of streamflow, land-cover, PET and precipitation alteration. Specially, the case study focused on the Brazos River basin, located in the USA and shared by the states of Texas and New Mexico. From both regional and watershed prospects, signals of hydrologic alteration during the time period 1955–2014 are highlighted and then implications of climate change are discussed. The results show an overall longitudinal gradient of precipitation changes and a latitudinal gradient of PET changes across the Brazos watershed. However, these gradients of changes seem to be driven by regional climate components which extend beyond the physical boundary of the Brazos watershed. Mann–Kendall’s analysis of discharge time series (annual average, minimum and maximum) at 10 different stations exhibits meaningful contrasts from upstream to downstream. An assessment of land-cover changes shows critical patterns of landscape change across the watershed. The analyses depicted signals of urbanization sprawl and land-cover degradation. Specially, the significant statistical relationships observed between the time series of maximum green vegetation fraction (MGVF) and streamflow also indicate that the origin of the observed hydrologic alteration is anthropogenic. Ultimately, the results are discussed within the scope of climate change.     

The densest meteorite collection area in hot deserts: The San Juan meteorite field (Atacama Desert,Chile)

Abstract– We describe the geological, morphological, and climatic setting of the San Juan meteorite collection area in the Central Depression of the Atacama Desert (Chile). Our recovery activities yielded 48 meteorites corresponding to a minimum of 36 different falls within a 3.88 km² area. The recovery density is in the range 9–12 falls km^?2 depending on pairing, making it the densest among meteorite collection areas in hot deserts. This high meteorite concentration is linked to the long‐standing hyperaridity of the area, the stability of the surface pebbles (> Ma), and very low erosion rates of surface pebbles (approximately 30 cm Ma^?1 maximum). The San Juan meteorite population is characterized by old terrestrial ages that range from zero to beyond 40 ka, and limited weathering compared with other dense collection areas in hot desert. Chemical weathering in San Juan is slow and mainly controlled by the initial porosity of meteorites. As in the Antarctic and other hot deserts, there is an overabundance of H chondrites and a shortage of LL chondrites compared with the modern falls population, suggesting a recent (< few ka) change in the composition of the meteorite flux to Earth.     

Role of dynamic vegetation in regional climate predictions over western Africa

This study examines the role of vegetation dynamics in regional predictions of future climate change in western Africa using a dynamic vegetation model asynchronously coupled to a regional climate model. Two experiments, one for present day and one for future, are conducted with the linked regional climate-vegetation model, and the third with the regional climate model standing alone that predicts future climate based on present-day vegetation. These simulations are so designed in order to tease out the impact of structural vegetation feedback on simulated climate and hydrological processes. According to future predictions by the regional climate-vegetation model, increase in LAI is widespread, with significant shift in vegetation type. Over the Guinean Coast in 2084–2093, evergreen tree coverage decreases by 49% compared to 1984–1993, while drought deciduous tree coverage increases by 56%. Over the Sahel region in the same period, grass cover increases by 31%. Such vegetation changes are accompanied by a decrease of JJA rainfall by 2% over the Guinean Coast and an increase by 23% over the Sahel. This rather small decrease or large increase of precipitation is largely attributable to the role of vegetation feedback. Without the feedback effect from vegetation, the regional climate model would have predicted a 5% decrease of JJA rainfall in both the Guinean Coast and the Sahel as a result of the radiative and physiological effects of higher atmospheric CO₂ concentration. These results demonstrate that climate- and CO₂-induced changes in vegetation structure modify hydrological processes and climate at magnitudes comparable to or even higher than the radiative and physiological effects, thus evincing the importance of including vegetation feedback in future climate predictions.     

Oceanic island Pb: Two-stage histories and mantle evolution

Leads in basaltic suites from seven oceanic islands form linear arrays on²⁰⁶Pb/²⁰⁴Pb versus²⁰⁷Pb/²⁰⁴Pb diagrams. These arrays are more reasonably interpreted as secondary isochrons than as mixing lines, because of their systematic relationship. Separate two-stage histories calculated for the leads from each island indicate that the source materials for the magmas were derived from a single primary reservoir with present²³⁸U/²⁰⁴Pb of 7.91 ± 0.04 by secondary enrichment in U/Pb at different times from 2.5 to 1 Ga ago. This is confirmed by a plot of isochron slope versus intercept, on which the points describing each island's Pb-Pb array all lie very near a single straight line. The isochrons for the Canary Islands and Hawaii, at least, are significantly different. The²⁰⁸Pb/²⁰⁴Pb versus²⁰⁶Pb/²⁰⁴Pb relationships are less coherent. The lead isotopic characteristics are consistent with a model in which lead in the oceanic island magmas is derived from ancient subducted oceanic crust. In particular, this explains the close relationship between lead in mid-ocean ridge and oceanic island basalts without invoking mixing.