Some economics of ‘dangerous’ climate change: Reflections on the Stern Review

The Stern Review on the Economics of Climate Change concluded that there can be “no doubt” the economic risks of business-as-usual (BAU) climate change are “very severe” [Stern, 2006. The Economics of Climate Change. HM Treasury, London, p. 188]. The total cost of climate change was estimated to be equivalent to a one-off, permanent 5–20% loss in global mean per-capita consumption today. And the marginal damage cost of a tonne of carbon emitted today was estimated to be around $312 [p. 344]. Both of these estimates are higher than most reported in the previous literature. Subsequently, a number of critiques have appeared, arguing that discounting is the principal explanation for this discrepancy. Discounting is important, but in this paper we emphasise that how one approaches the economics of risk and uncertainty, and how one attempts to model the very closely related issue of low-probability/high-damage scenarios (which we connect to the recent discussion of ‘dangerous’ climate change), can matter just as much. We demonstrate these arguments empirically, using the same models applied in the Stern Review. Together, the issues of risk and uncertainty on the one hand, and ‘dangerous’ climate change on the other, raise very strongly questions about the limits of a welfare-economic approach, where the loss of natural capital might be irreversible and impossible to compensate. Thus we also critically reflect on the state-of-the-art in integrated assessment modelling. There will always be an imperative to carry out integrated assessment modelling, bringing together scientific ‘fact’ and value judgement systematically. But we agree with those cautioning against a literal interpretation of current estimates. Ironically, the Stern Review is one of those voices. A fixation with cost-benefit analysis misses the point that arguments for stabilisation should, and are, built on broader foundations.     

Action targets: a new approach to international greenhouse gas controls

Abstract

This article introduces and explores a new form of international commitment to limit greenhouse gas (GHG) emissions, called an action target. Action targets differ from other forms of targets, such as the Kyoto Protocol's fixed targets, in that they define a quantity of GHG abatement to be achieved, rather than a future emission level to be reached. This article explains the basic mechanics of how action targets might operate, and analyses the approach across a range of criteria, including uncertainty management and contributions to sustainable development in non-Annex I (developing) countries. The analysis suggests that action targets might improve the prospects of widening and deepening developing country participation in the international climate regime.     

The European vision for oceans and seas—Social and political dimensions of the Green Paper on Maritime Policy for the EU

The EU Green Paper on Maritime Policy is the European response to the new generation of ocean strategies based on science, technology and innovation aimed at new objectives, such as the strengthening of security and access to new resources. The European character of the proposal is found in the presence of social, cultural and historical elements, what is called the “European vision”. The viability of a European vision of the oceans and the idea of maritime empire as an extension of the current concept of empire within the general context of emerging ocean strategies are the elements offered up for debate on this European Union initiative.     

“海上丝绸之路”沿线重要港口竞争力评价

“海上丝绸之路”是促进亚欧和亚非互联互通的重要通道,对其沿线重要港口的竞争力研究,可以为海上丝绸之路的建设提供参考。本文综合考虑港口的自然条件、腹地环境、基础设施、服务水平、政府廉洁度,及其在航运网络中的地位差别等因素,运用熵权-层次分析法对沿线51个国家的99个重要港口的竞争力进行评价。结果表明,① 港口综合竞争力空间分布呈明显的区域化特征,且与国家经济发展水平显著相关,地中海地区港口竞争力普遍较强,亚洲次之,非洲最弱。② 港口的网络地位对竞争力的影响最大,竞争力强的港口多位于重要水域的战略通道,网络地位高,辐射范围广。③ 我国投资的部分沿线港口综合竞争力与成熟港口之间还存在一定差距,但是具备较大的竞争力提升空间。     

Key challenges for maritime governance in West Africa: Fishery-based lessons from Guinea and Mauritania

Maritime governance stakes are important in West Africa, if only due to the dominant role of fisheries, which coastal populations mainly depend on. In this context, with reference to the fishery sector mostly studied in two countries (Guinea and Mauritania), this paper aims to identify and synthesize the challenges to be met towards developing the governance of marine spaces. To this end, the analysis is based on field knowledge, which provides input into a grid set according to the various integration levels of the concept of ICZM. This paper thus reports the major methodological obstacles to be overcome, commensurate to the stakes insofar as marine policies can and must contribute to the economic and social development of this region.     

Preserving coastal natural character: Court interpretations of a long‐standing New Zealand policy goal

New Zealand's policy goal to preserve coastal natural character was first incorporated into planning legislation in 1973 and protected area legislation in 1977. An evaluation of 100 relevant Resource Management Act Court decisions determined the Courts' interpretations of this policy goal. The Courts have repeatedly found that natural character is of nature (not culture), including natural elements, patterns, and processes. There is a continuum of naturalness from pristine indigenous ecosystems to the urban environment. A 2014 Supreme Court decision has upheld the use of environmental bottom lines for natural character and the importance of protection as part of sustainable management.     

Local Agenda 21 and Barriers to Sustainability at the Local Government Level in Victoria,Australia

At the 1992 Rio 'Earth Summit', Australia joined other nations in committing to processes leading to the formulation of 'Local Agenda 21s' (LA21s) by 1996. Subsequently, in the latter year, Whittaker carried out a national survey of local government authorities to evaluate what progress had been made. Whittaker's conclusion was that progress in Australia had been slow, but ten 'leading-edge' Victorian councils were identified through a self-reporting process. In this paper we discuss the concept of LA21, analyse in closer detail the 'progress' that has been made in the ten Victorian councils, and discuss some of the broader forces that, we argue, have made LA21 formulation increasingly difficult, particularly in the state of Victoria in the recent past.     

基于EEMD和ARIMA的海温预测模型研究

类型丰富、时空分辨率高的海洋探测数据,为信号分解和机器学习算法的应用提供了可能。本文针对如何建立有效的海温预测模型这一问题,使用高时空分辨率的海表温度(SST)融合产品,引入信号处理领域的集合经验模态分解(EEMD)和机器学习领域的自回归积分滑动平均模型(ARIMA)。首先利用最适于分解自然信号的EEMD方法,将海温数据分解成多个确定频率的序列;再利用ARIMA分别对各个频率的序列进行预测,最后将各个序列的预测结果进行组合。该方法在丰富数据的支撑下,比以往直接使用海温数据所建立的预测模型精度更高,为更好地进行海温预测提供了新方法。     

Integrated surface–groundwater flow modeling: A free-surface overland flow boundary condition in a parallel groundwater flow model

Interactions between surface and groundwater are a key component of the hydrologic budget on the watershed scale. Models that honor these interactions are commonly based on the conductance concept that presumes a distinct interface at the land surface, separating the surface from the subsurface domain. These types of models link the subsurface and surface domains via an exchange flux that depends upon the magnitude and direction of the hydraulic gradient across the interface and a proportionality constant (a measure of the hydraulic connectivity). Because experimental evidence of such a distinct interface is often lacking in field systems, there is a need for a more general coupled modeling approach.     

韩国“新北方政策”对接“一带一路”倡议：机遇与挑战

韩国“新北方政策”与“一带一路”倡议的对接合作为中韩两国带来了重要发展机遇。文章主要探讨韩国“新北方政策”的内涵及其与“一带一路”倡议对接的进展、机遇与挑战,得出双方对接的合作机遇主要在政策沟通、设施联通、贸易投资和资金融通4个方面,同时也存在着制度性风险、地缘风险和投资合作风险的三大挑战。在具体对接过程中,产业、金融、物流3个领域可能成为突破口。