相关论文: Natural Capital as a Stock Option
A Renewable Energy and Materials Economy (REME) is proposed as the solution to the climate change threat. REME mimics nature to produce carbon neutral liquid fuels and chemicals as well as carbon negative materials by using water, CO$_2$…
Great socio-economic transitions see the demise of certain industries and the rise of others. The losers of the transition tend to deploy a variety of tactics to obstruct change. We develop a political-economy model of interest group…
In this paper we introduce a class of Markov decision processes that arise as a natural model for many renewable resource allocation problems. Upon extending results from the inventory control literature, we prove that they admit a closed…
We present a simple model for describing the dynamics of the interaction between a homogeneous population or society, and the natural resources and reserves that the society needs for its survival. The model is formulated in terms of…
Explaining biodiversity in nature is a fundamental problem in ecology. An outstanding challenge is embodied in the so-called Competitive Exclusion Principle: two species competing for one limiting resource cannot coexist at constant…
Forests will have two notable economic roles in the future: providing renewable raw material and storing carbon to mitigate climate change. The pricing of forest carbon leads to longer rotation times and consequently larger carbon stocks,…
Genetic information and environmental factors determine the path of an individuals life and therefore, the evolution of its entire species. We have succeeded in proposing and studying a model that captures this idea. In our model, a…
Waste heat production represents an inevitable consequence of energy conversion as per the laws of thermodynamics. Based on this fact, by using simple theoretical models, we analyze constraints on the habitability of Earth-like terrestrial…
Feeding a larger and wealthier global population without transgressing ecological limits is increasingly challenging, as rising food demand (especially for animal products) intensifies pressure on ecosystems, accelerates deforestation, and…
Climate policy has become increasingly politicized in many countries including the US, with some political parties unwilling to pursue strong measures. Therefore, to be successful in mitigation, climate policies must be politically…
As a result of the climate change the situation in Arctic area leads to several important consequences. On the one hand, oil and gas resources can be exploited much easier than before. Thus, one can already observe discussions on disputed…
Can sustained open-ended technological progress preserve natural resources in a finite planet? We address this question on the basis of a stylized model with genuine open-ended technological innovation, where an innovation event corresponds…
Carbon credits are a key component of most national and organizational climate strategies. Financing and delivering carbon credits from forest-related activities faces multiple risks at the project and asset levels. Financial mechanisms are…
This paper intends to present the opportunities emerging for the national economy, out of the financial crisis. In particular the management of those, which arise from the commercial real estate owned property sector, defined by the author…
Ecosystems are systems where energy flows and material cycles are maintained in an apparently stable, but non-equilibrium state through a process of self-regulation. Such a definition does just apply to biological systems, it can also apply…
Nostradamus, inspired by the French astrologer and reputed seer, is a detailed study exploring relations between environmental factors and changes in the stock market. In this paper, we analyze associative correlation and causation between…
We estimate the loss of value that companies might suffer from nature overexploitation. We find that global equities shed 26.8% in a scenario of unabated nature decline, while the worst-performing firms lose ~75% of their value. Our risk…
We seek to model the coupled evolution of a planet and a civilization through the era when energy harvesting by the civilization drives the planet into new and adverse climate states. In this way we ask if triggering "anthropocenes" of the…
Greenhouse gases (GHG) trap heat and make the planet warmer, exacerbating global climate change. Energy production is the second largest contributor to climate change [19]. In particular, the production of electricity and use of gas…
Humanity's progress in combating hunger, poverty, and child mortality is marred by escalating environmental degradation due to rising greenhouse gas emissions and climate change impacts. Despite positive developments, ecosystems are…