Effects of economic recession and local weather on climate change attitudes

How are large companies responding to the challenges of reducing their greenhouse gas (GHG) emissions? An analysis of the published climate change policies and performance of 125 large European companies is presented. The results suggest that most large European companies have now developed the management systems and processes necessary for them to effectively manage their GHG emissions and related business risks. However, there is a significant disconnect between the targets that companies set for themselves and the more ambitious targets being set by the European Union (which has committed to a 20% reduction in its emissions by 2020 against a 1990 baseline). Of the companies surveyed, just over one-third had stabilized or reduced their total GHG emissions over the period 2002–2007, and fewer than one-third expected their emissions to stabilize or reduce in the coming years. The relationship between the quality of corporate policies and performance outcomes (in terms of GHG emissions) suggests that while companies with stronger policies are likely to have relatively better performance, only a minority of those companies with the highest-quality policies are committing to absolute reductions in their GHG emissions.     

Achieving additional emission reductions under a cap-and-trade scheme

Over the last decade, cap-and-trade emissions schemes have emerged as one of the favoured policy instruments for reducing GHG emissions. An inherent design feature of cap-and-trade schemes is that, once the cap on emissions has been set, no additional reductions beyond this level can be provided by the actions of those individuals, organizations and governments within the covered sectors. Thus, the emissions cap constitutes an emissions floor. This feature has been claimed by some to have undesirable implications, in that it discourages ethically motivated mitigation actions and preempts the possibility that local, state and national governments can take additional mitigation action in the context of weak national or regional targets. These criticisms have become prominent in Australia and the US within the public debate regarding the adoption of an emissions trading scheme (ETS). These criticisms and their potential solutions are reviewed. A set-aside reserve is proposed to automatically retire ETS permits, which would correspond to verified and additional emissions reductions. This minimizes the possibility that ethically motivated mitigation actions are discouraged, allows for additional action by other levels of government, while providing transparency to other market participants on the level of permit retirements.     

Funding low-carbon investments in the absence of a carbon tax

Introducing a carbon tax is difficult, partly because it suggests that current generations have to make sacrifices for the benefit of future generations. However, the climate change externality could be corrected without such a sacrifice. It is possible to set a carbon value, and use it to create ‘carbon certificates’ that can be accepted as part of commercial banks’ legal reserves. These certificates can be distributed to low-carbon projects, and be exchanged by investors against concessional loans, reducing capital costs for low-carbon projects. As the issuance of carbon certificates would increase the quantity of money, it will either lead to accelerated inflation or induce the Central Bank to raise interest rates. Low-carbon projects will thus have access to cheaper loans at the expense of either ‘regular’ investors (in case of higher interest rates) or of lenders and depositors (in case of accelerated inflation). Within this scheme, mitigation expenditures are compensated by a reduction in regular investments, so that immediate consumption is maintained. It uses future generation wealth to pay for a hedge against climate change. This framework is not as efficient as a carbon tax but is politically easier to implement and represents an interesting step in the trajectory towards a low-carbon economy.     

Living with limits: growth,resources, and climate change

Is it possible for all of humanity to enjoy the standards of living of today's high-income countries? What would happen if these limits were reached, perhaps because of climate change or a shortage of natural resources essential to production? How would society manage – or fail to manage – such limits? Notwithstanding the current financial and economic crises, these are perhaps the biggest questions confronting our species (and of a host of other species, who are the victims of our decisions). The article begins by considering the biggest economic event of our lifetimes – the ‘great convergence’ and its implications for the demand for resources. The discussion then turns to a specific limit on our development, climate change, which is different from most other limits, because it involves a global public good: the atmosphere. What such limits might mean for our civilization is discussed. One can persuade people to tackle climate change only if those concerned with the dangers persuade ordinary people that action will not come at the expense of their prosperity.     

Sustainable development policies and measures: institutional issues and electrical efficiency in South Africa

An innovative approach is introduced for helping developing countries to make their development more sustainable, and also to reduce greenhouse gas (GHG) emissions as a co-benefit. Such an approach is proposed as part of the multilateral framework on climate change. The concept of sustainable development policies and measures (SD-PAMs) is outlined, making clear that it is distinct from many other approaches in starting from development rather than explicit climate targets. The potential of SD-PAMs is illustrated with a case-study of energy efficiency in South Africa, drawing on energy modelling for the use of electricity in industry. The results show multiple benefits both for local sustainable development and for mitigating global climate change. The benefits of industrial energy efficiency in South Africa include significant reductions in local air pollutants; improved environmental health; creation of additional jobs; reduced electricity demand; and delays in new investments in electricity generation. The co-benefit of reducing GHG emissions could result in a reduction of as much as 5% of SA's total projected energy CO₂ emissions by 2020. Institutional support and policy guidance is needed at both the international and national level to realize the potential of SD-PAMs. This analysis demonstrates that if countries begin to act early to move towards greater sustainability, they will also start to bend the curve of their emissions path.     

The design of California's cap-and-trade and its impact on electricity markets

California is considering the adoption of a cap-and-trade regulatory mechanism for regulating the greenhouse gas emissions from electricity and perhaps other industries. Two options have been widely discussed for implementing cap-and-trade in the electricity industry. The first is to regulate the emissions from electricity at the load-serving entity (LSE) level. The second option for implementation of cap-and-trade has been called the ‘first-seller’ approach. Conceptually, under first-seller, individual sources (i.e. power plants) within California would be responsible for their emissions, as with traditional cap-and-trade systems. Emissions from imports would be assigned to the ‘importing firm’. An option that has not been as widely discussed is to implement a pure source-based system within California, effectively excluding imports from the cap-and-trade system altogether. This article examines these three approaches to implementing cap-and-trade for California's electricity sector. The article discusses many of the issues relating to measurement and the impacts on bidding and scheduling incentives that are created by the various regulatory regimes.     

NECESSITY AND METHOD OF PUBLIC PARTICIPATION IN STRATEGIC ENVIRONMENTAL ASSESSMENT OF CHINA

1INTRODUCTIONFor recent years, many countries have increasingly paidattention to the research on strategic environmental as-sessment (SEA) and taken it as one of key supportingtools for pursing sustainable development (BROWNand THERIVEL, 2000; PRARTIDARIO…     

论国家对人力资源生产和再生产的宏观调控

国家宏观调控的实质是从社会经济运行和发展的全局出发，按照预定的目标，对社会经济的决量和总体结构进行调节和管理。在社会主义市场经济条件下，人力资源的生产和再生产各个环节的经济关系错综复杂经济，人力资源生产和再生产与物质资料的生产和再生产之间也涉及方方面面的经济利益关系。市场在调节经济关系中发挥着基础性作用，但由于市场机制的运行本质上在于利益驱动，这必然造成市场失灵和市场激励机制作用的局限性，从而要求国家加强对人力资源生产和再生产中的经济关系的宏观调控。     

BOOK REVIEWS

Books reviewed in this article: Aerial Photography and Remote Sensing Aerial photography and image interpretation for Resource Management . DAVID P. PAINE . Analytical Models and Techniques Spatial Processes Models and Applications A. D. CLIFF AND J. K. ORD Quantitative and Statistical Approaches to Geography: A Practical Manual JOHN A. MATTHEWS . Cartography and Maps Map Data Processing . HERBERT FREEMAN AND GOFFREDO G. PIERONI , eds. Computer-assisted Cartography: Principles and Prospects, 1982 . MARK S. MONMONIER . Cultural Navajo Architecture: Forms, History, Distributions . STEPHEN C. JETT AND VIRGINIA E . SPENCER . Rational Landscapes and Humanistic Geography . EDWARD RELPH . Economic The Structure and Control of a State Economy . W. L. L'ESPERANCE . Economic Geography . JAMES O. WHEELER AND PETER O. MULLER . The Myth of the Family Farm: Agribusiness Dominance of U.S. Agriculture . INGOLF VOCELER . Libya: The Experience of Oil . J. A. ALLEN . Geography of Public Finance, Welfare Under Fiscal Federalism and local Government Finance . ROBERT BENNETT . Environmental Management, Resources, and Systems Mountains and Man . LARRY W. PRICE . Environmental Geology . DONALD R. COATES . An Introduction to Environmental Systems . G. H. DURY . The Environment: Chinese and American Views . Edited by LAURENCE J. C. MA AND ALLEN G. NOBLE . Land Use in America . RICHARD H. JACKSON . Medical Conceptual and Methodological Issues in Medical Geography . MELINDA S. MEADE (ed.). Philosophy and Geographic Thought Birds in Egg/Eggs in Bird . GUNNAR OLSSON . PhysicaI Climatology: Selected Applications . J. E. OLIVER . Geomorphological Techniques . ANDREW GOUDIE (ed.). Political Politics, Geography and Behaviour . RICHARD MUIR AND RONAN PADDISON . The State of the World Atlas . MICHAEL KIDRON AND RONALD SECAL . Population The Population of the South . DUDLEY L. POSTON , JR . AND ROBERT H. WELLER , eds. Regional Latin America: Economic Development and Regional Differentiation . ARTHUR MORRIS . Developing the Amazon . EMILIO F. MORAN . Western Europe: A Systematic Human Geography . BRIAN W. ILBERY . Settlement Systems in Sparsely Settled Regions: The United States and Australia . RICHARD E. LONSDALEAND JOHN H. HOLMES , eds. African Perspectives: The Economic Geography of Nine African States . HARM DE BUJ AND ESMOND MARTIN , eds. Rural Nonmetropolitan America in Transition . AMOS H. HAWLEY AND SARA MILLS MAZIE , eds. Social Crime and Environment . R. NORMAN DAVIDSON . The Ghetto: Readings with Interpretations . JOE T. DARDEN , ed. Urban Urban Problems and Planning in the Developed World . MICHAEL PACIONE (ed.) Problems and Planning in Third World Cities . Edited by MICHAEL PACIONE . The City in West Europe . D. BURTENSHAW , M. BATEMAN , AND C. J. ASHWORTH .     

CLINICALLY APPLIED MEDICAL GEOGRAPHY: ITS ROLE IN TRAVEL MEDICINE

Medical geography frequently contributes to public health, but rarely are medical geographic concepts applied in clinical settings. This article describes the application of medical geographic concepts to an academic travel and tropical medicine clinical service at University Hospital in Seattle, and reviews the role of a medical geographer in this particular clinical setting. Applied concepts of medical geography improve the quality of patient care for overseas travellers and recent immigrants to the United States.