相关论文: Natural Capital as a Stock Option

To promote climate adaptation and mitigation, it is crucial to understand stakeholder perspectives and knowledge gaps on land use and climate changes. Stakeholders across 21 European islands were consulted on climate and land use change…

Energy production plays a primary role in industrial capacity and thus material standard of living of any civilization. The Industrial Revolution was engendered by a vast growth of motive energy production. Solar Power Revolution has the…

Our present-day atmosphere is often used as an analog for potentially habitable exoplanets, but Earth's atmosphere has changed dramatically throughout its 4.5 billion year history. For example, molecular oxygen is abundant in the atmosphere…

Once carbon emission neutrality and other sustainability goals have been achieved, a widespread assumption is that economic growth at current rates can be sustained beyond the 21st century. However, even if we achieve these goals, this…

Driven by the increasing frequency and intensity of natural disasters and chronic climate threats, we investigate the impact of physical climate risk on global equity portfolios. By employing a panel regression analysis on sectoral returns,…

In the current environment of financial distress, many governments are likely to soon become major holders of financial assets, but the policy debate focuses only on the likelihood and extent of short-term market stabilization. This paper…

For this special issue, the article aims at discussing a few econophysics problems studied so far rather successfully. The following "applications" in micro-econo-physics are considered : (i) financial crashes; it is emphasized that one can…

The Planetary Boundary for Climate Change has been surpassed, and humanity must therefore decide on a pathway back to the safe operating space below the Planetary boundaries to minimise the risk of deleterious or even catastrophic…

This paper suggests that business cycles may be a manifestation of coupled real economy and stock market dynamics and describes a mechanism that can generate economic fluctuations consistent with observed business cycles. To this end, we…

The conditions that can lead to the exploitative depletion of a shared resource, i.e, the tragedy of the commons, can be reformulated as a game of prisoner's dilemma: while preserving the common resource is in the best interest of the…

Collapses of dynamical systems into irrecoverable states are observed in ecosystems, human societies, financial systems and network infrastructures. Despite their widespread occurrence and impact, these events remain largely unpredictable.…

Earth's atmosphere has evolved as volatile species cycle between the atmosphere, ocean, biomass and the solid Earth. The geochemical, biological and astrophysical processes that control atmospheric evolution are reviewed from an "Earth…

This paper investigates strategic investments needed to mitigate transition risks, particularly focusing on sectors significantly impacted by the shift to a low-carbon economy. It emphasizes the importance of tailored sector-specific…

This paper undertakes an analysis of deforestation in the Amazon area using a pathways-based approach to sustainability. We ground the analysis primarily in the sustainability transitions literature but also draw a bridge with…

Despite well-meaning scenarios that propose global CO2 emissions will decline presented in every IPCC report since 1988, the trend of global CO2 increase continues without significant change. Even if any individual nation manages to flatten…

Global warming arises from 'temperature forcing', a net imbalance between energy fluxes entering and leaving the climate system and arising within it. Humanity introduces temperature forcing through greenhouse gas emissions, agriculture,…

'Evolutionary rescue' is the potential for evolution to enable population persistence in a changing environment. Even with eventual rescue, evolutionary time lags can cause the population size to temporarily fall below a threshold…

The spotlight is on the intertwined nature of sustainability and energy transition. As the world grapples with environmental challenges, the push for a green approach to energy is more crucial than ever. This transition promises not just a…

A dynamic model is constructed that generalises the Hartwick and Van Long (2020) endogenous discounting setup by introducing externalities and asks what implications this has for optimal natural resource extraction with constant…

Extreme events, exacerbated by climate change, pose significant risks to the energy system and its consumers. However there are natural limits to the degree of protection that can be delivered from a centralised market architecture.…