Profitability of fossil-fuel production under different instruments in international climate policies

This article discusses how different climate policy instruments such as CO₂ taxes and renewable energy subsidies affect the profitability of fossil-fuel production, given that a fixed global climate target shall be achieved in the long term. Within an intertemporal framework, the model analyses show that CO₂ taxes reduce the short-term profitability to a greater extent than technology subsidies, since the competition from CO₂-free energy sources does not become particularly noticeable until decades later. Due to, for example, the discounting of future revenues, most fossil-fuel producers prefer subsidies to their competitors rather than CO₂ taxes. However, this conclusion does not apply to all producers. Oil producers outside OPEC lose the most on the subsidizing of CO₂-free energy, while CO₂ taxes only slightly reduce their profits. This is connected to OPEC's role in the oil market, as the cartel chooses to reduce its extraction significantly in the tax scenario. The results seem to be consistent with the observed behaviour of important players in the climate negotiations.     

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.     

Biomass strategies for climate policies?

Abstract

This paper discusses the results of the BEAP linear programming model that has been developed to study the optimal use of biomass and land for greenhouse gas emission reduction, notably the competition between food production, biomass production for energy and materials and afforestation. The model results suggest up to 100 EJ biomass use in case of global policies (about 20% of global primary energy use). The biomass is used for industrial and residential heating, transportation fuels and as a feedstock for plastics. In the electricity markets competing emission reduction options are more cost-effective than biomass. In case the Kyoto protocol is continued beyond 2010 the developed countries can rely in 2020–2030 on afforestation and land use change credits from developing countries, without any major use of other emission reduction strategies. However, in case of a planning perspective of more than half a century bioenergy is preferred instead of afforestation. The results indicate a limited impact on global agricultural trade, but food demand may be affected by CO₂ policies.     

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.     

Brief history of ground-based very high energy gamma-ray astrophysics with atmospheric air Cherenkov telescopes

The discovery of the Crab Nebula as the first source of TeV gamma rays in 1989, using the technique of ground-based imaging air Cherenkov telescope, has marked the birthday of observational gamma astronomy in very high energy range. The team led by Trevor Weekes, after twenty years of trial and error, success and misfortune, step-by-step improvements in both the technique and understanding of gamma shower discrimination methods, used the 10 m diameter telescope on Mount Hopkins in Arizona, and succeeded measuring a 9σ signal from the direction of Crab Nebula. As of today over 160 sources of gamma rays of very different types, of both galactic and extra-galactic origin, have been discovered due to this technique. This is a really fast evolving branch in science, rapidly improving our understanding of the most violent and energetic sources and processes in the sky.The study of these sources provides clues to many basic questions in astrophysics, astro-particle physics, physics of cosmic rays and cosmology. Today’s telescopes, despite the young age of the technique, offer a solid performance. The technique is still maturing, leading to the next generation large instrument. This article is devoted to outlining the milestones in a long history that step-by-step have made this technique emerge and have brought about today’s successful source hunting.     

Adjoint Assimilation in Marine and an Example of Application

This paper aims at a review of the work carried out to date on the adjoint assimilation of data in marine ecosystem models since 1995. The structure and feature of the adjoint assimilation in marine ecosystem models are also introduced. To illustrate the application of the adjoint technique and its merits, a 4-variable ecosystem model coupled with a 3-D physical model is established for the Bohai Sea and the Yellow Sea. The chlorophyll concentration data derived from the SeaWiFS ocean colour data are assimilated in the model with the technique. Some results are briefly presented.     

a尺度正交多小波的构造

证明了由任意a尺度正交单尺度函数和任意一组正交滤波器生成a尺度r重正交多尺度函数的一个充分必要条件,并给出了a尺度r重正交多小波的一种构造方法.