Article
Energy & Fuels
Mohammad M. Khabbazan
Summary: This paper discusses the issues of infeasible solutions or negative expected values of future climate information in the context of climate policies adopted under Cost-Effectiveness Analysis (CEA) to achieve uncertain temperature targets. It introduces Cost-Risk Analysis (CRA) as a solution and highlights the drawbacks of the standard method of applying CRA. The paper proposes a revised instruction on how to use CRA and compares welfare-maximizing decision analytic frameworks. It also measures the value of information and carbon prices in CRA scenarios. The results highlight the importance of the disutility function in determining the value of information.
Article
Engineering, Electrical & Electronic
Min Wu, Jiazhu Xu, Yun Li, Linjun Zeng, Zhenglu Shi, Yuxing Liu, Ming Wen, Chang Li
Summary: This study proposes a low-carbon economic scheduling method for integrated energy systems (IES) considering life cycle assessment (LCA) and risk cost. It analyzes the carbon emissions generated from different energy chain conversion processes and introduces the carbon emission coefficients into the ladder-type carbon trading mechanism to constrain the carbon emissions of IES. The system risk is controlled using the conditional value-at-risk (CVaR) theory to obtain the day-ahead dispatch strategy. The effectiveness of the proposed method is verified using modified IEEE 39-node electric network, 20-node gas network, and 6-node heat network models.
INTERNATIONAL JOURNAL OF ELECTRICAL POWER & ENERGY SYSTEMS
(2023)
Article
Construction & Building Technology
Helena Nydahl, Staffan Andersson, Anders P. Astrand, Thomas Olofsson
Summary: This study introduces an Extended Life Cycle Cost Assessment that includes evaluation of climate risk and opportunities, aiming to provide a more holistic approach for building design assessment. Return on invested greenhouse gas emissions is used as an indicator for climate change mitigation, and a case study shows that renovation is the most efficient choice both in terms of climate impact and cost effectiveness.
SUSTAINABLE CITIES AND SOCIETY
(2022)
Article
Engineering, Environmental
Nina Svensson, Anna Noren, Oskar Modin, Karin Karlfeldt Fedje, Sebastien Rauch, Ann-Margret Stromvall, Yvonne Andersson-Skold
Summary: This study assesses the costs and environmental impacts of different management options for polluted dredged sediment. It highlights the complexity of comparing different environmental impacts and the benefits of using integrated assessments to provide clarity.
Article
Environmental Sciences
Kaj-Ivar van der Wijst, Francesco Bosello, Shouro Dasgupta, Laurent Drouet, Johannes Emmerling, Andries Hof, Marian Leimbach, Ramiro Parrado, Franziska Piontek, Gabriele Standardi, Detlef van Vuuren
Summary: The cost-benefit analysis of climate change heavily relies on the choice of damage function, which is difficult to obtain credible information for. Comparison of multiple models reveals that the optimum temperature for climate change may be lower than previously estimated. Economic analyses of global climate change have been criticized for their inadequate representation of the damages caused. The study developed and applied aggregate damage functions in three different Integrated Assessment Models (IAMs) with varying levels of complexity, including a wide but incomplete range of climate change impacts. The results show that global damages, based on medium estimates for damage functions, are projected to be approximately 10% to 12% of the GDP by 2100 under a baseline scenario with 3 degrees C temperature increase, and about 2% under a well-below 2 degrees C scenario. These damages exceed previous estimates from benefit-cost studies and indicate that optimal temperatures might be below 2 degrees C when considering damages and discount rates. Furthermore, the benefit-cost ratios range from 1.5 to 3.9, even without factoring in unaccounted damages such as biodiversity losses, health impacts, and tipping points.
NATURE CLIMATE CHANGE
(2023)
Article
Environmental Sciences
Christopher J. Smith, Alaa Al Khourdajie, Pu Yang, Doris Folini
Summary: This study uses the DICE model with the FaIR model to analyze climate policy. It finds that including climate uncertainty leads to more refined estimates for the social cost of carbon and provides more certainty about the optimal rate of emissions abatement in different climate scenarios.
ENVIRONMENTAL RESEARCH LETTERS
(2023)
Article
Environmental Sciences
Aobo Liu, Yating Chen, Xiao Cheng
Summary: This study analyzes emission trajectories and SCC under a carbon-neutral pathway, finding a peak warming of about 2.1 degrees C and highlighting that even if all countries meet their commitments, global warming cannot be limited to 1.5 degrees C. Climate change damages will primarily affect warmer and poorer countries, and current carbon taxes and trading prices are significantly lower than SCCs, indicating the need for further research and mechanism refinement.
ENVIRONMENTAL RESEARCH LETTERS
(2022)
Article
Economics
Amar Rao, Brian Lucey, Satish Kumar
Summary: This study examines the spillover effects of climate risk and carbon emissions uncertainty on key energy markets and finds that the connectedness and transmission effects vary across different time horizons, highlighting the importance for policymakers and energy importers to differentiate their short- and long-term strategies.
Article
Multidisciplinary Sciences
Kevin Rennert, Frank Errickson, Brian C. Prest, Lisa Rennels, Richard G. Newell, William Pizer, Cora Kingdon, Jordan Wingenroth, Roger Cooke, Bryan Parthum, David Smith, Kevin Cromar, Delavane Diaz, Frances C. Moore, Ulrich K. Muller, Richard J. Plevin, Adrian E. Raftery, Hana Sevcikova, Hannah Sheets, James H. Stock, Tammy Tan, Mark Watson, Tony E. Wong, David Anthoff
Summary: This study shows that improved probabilistic socioeconomic projections, climate models, damage functions, and discounting methods can significantly increase the estimates of the social cost of carbon dioxide (SC-CO2). The study's estimates are higher than the current values used in policy evaluation, thereby increasing the expected benefits of greenhouse gas mitigation.
Article
Geosciences, Multidisciplinary
Sanish Bhochhibhoya, Roisha Maharjan
Summary: In this paper, the authors present an integrated seismic risk assessment of Nepal using census data, evaluating both physical and social vulnerability. The results reveal variations in the integrated risk index across different regions.
NATURAL HAZARDS AND EARTH SYSTEM SCIENCES
(2022)
Article
Environmental Sciences
Xiyao Chen, Fei Li, Jingdong Zhang, Siqi Liu, Changhong Ou, Jingjing Yan, Tianwei Sun
Summary: The study found complex spatial heterogeneity and significant uncertainty in heavy metal risks in Chinese soil, and optimized the analysis of the data using new methods, proposing priority control targets for heavy metals. The results show that ecological risks from Hg and Cd are common, and areas with high levels of Cd, Pb, and As in the soil are mainly associated with the mining industry.
SCIENCE OF THE TOTAL ENVIRONMENT
(2021)
Article
Business
Ulrike Kornek, David Klenert, Ottmar Edenhofer, Marc Fleurbaey
Summary: The social cost of carbon is a key metric for determining optimal carbon prices. Inequality both between and within countries plays a significant role in influencing the social cost of carbon. Climate and distributional policies are generally intertwined and cannot be separated easily.
JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT
(2021)
Article
Environmental Sciences
Harshit Mishra, Jitendra Singh, Subhankar Karmakar, Rakesh Kumar
Summary: This study introduces an integrated hybrid health risk modeling framework that can handle both random and non-random input variables simultaneously and estimate uncertainties in HHRA. The research demonstrates the framework's application at the Turbhe sanitary landfill in Navi Mumbai, India, estimating high health risk for the population in the area.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Environmental Sciences
Hsueh-Sheng Chang, Qingmu Su, Yi Shiuan Chen
Summary: This study constructed a research framework for evaluating climate justice, focusing on the distribution of natural hazard and social resilience, as well as risk and responsible input. It used the bivariate local indicators of spatial association method to detect the current situation and tested justice after government's resource investment.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Environmental Sciences
Tingting Wang, Fubao Sun
Summary: The dynamic interplay between climate change and socioeconomic development has led to significant changes in drought hazard, vulnerability, and risk in the global socioeconomic system. However, there is a lack of understanding about how these changes will manifest in an increasingly globalized economy under global warming. A comprehensive study has utilized various data to map and assess changes in global drought vulnerability and risk in the future, finding that the future population at risk of drought is projected to increase driven by rapid population growth and substantial changes in drought hazard and vulnerability. The study highlights the need for targeted strategies and measures of adaptation and mitigation in the face of global warming.
SCIENCE OF THE TOTAL ENVIRONMENT
(2023)
Article
Environmental Sciences
David A. Lutz, Richard B. Howarth
ENVIRONMENTAL RESEARCH LETTERS
(2015)
Article
Biodiversity Conservation
Georgia Mavrommati, Kostas Bithas, Mark E. Borsuk, Richard B. Howarth
CONSERVATION BIOLOGY
(2016)
Article
Ecology
David A. Lutz, Elizabeth A. Burakowski, Mackenzie B. Murphy, Mark E. Borsuk, Rebecca M. Niemiec, Richard B. Howarth
ECOLOGICAL APPLICATIONS
(2016)
Article
Ecology
Richard B. Howarth, Kevin Kennedy
ECOLOGICAL ECONOMICS
(2016)
Article
Ecology
Robert Costanza, Richard B. Howarth, Ida Kubiszewski, Shuang Liu, Chunbo Ma, Gael Plumecocq, David I. Stern
ECOLOGICAL ECONOMICS
(2016)
Article
Computer Science, Interdisciplinary Applications
Varun Rao Mallampalli, Georgia Mavrommati, Jonathan Thompson, Matthew Duveneck, Spencer Meyer, Arika Ligmann-Zielinska, Caroline Gottschalk Druschke, Kristen Hychka, Melissa A. Kenney, Kasper Kok, Mark E. Borsuk
ENVIRONMENTAL MODELLING & SOFTWARE
(2016)
Article
Urology & Nephrology
Angeline S. Andrew, Jiang Gui, Ting Hu, Asaf Wyszynski, Carmen J. Marsit, Karl T. Kelsey, Alan R. Schned, Sam A. Tanyos, Eben M. Pendleton, Rebecca M. Ekstrom, Zhongze Li, Michael S. Zens, Mark Borsuk, Jason H. Moore, Margaret R. Karagas
Article
Computer Science, Interdisciplinary Applications
Simon L. Rinderknecht, Carlo Albert, Mark E. Borsuk, Nele Schuwirth, Hans R. Kuensch, Peter Reichert
ENVIRONMENTAL MODELLING & SOFTWARE
(2014)
Article
Engineering, Environmental
Michael D. Gerst, Michael E. Cox, Kim A. Locke, Mark Laser, Anne R. Kapuscinski
ENVIRONMENTAL SCIENCE & TECHNOLOGY
(2015)
Article
Biodiversity Conservation
Rama Mohana R. Turaga, Richard B. Howarth, Mark E. Borsuk
HUMAN AND ECOLOGICAL RISK ASSESSMENT
(2014)
Article
Multidisciplinary Sciences
Celia Y. Chen, Mark E. Borsuk, Deenie M. Bugge, Terill Hollweg, Prentiss H. Balcom, Darren M. Ward, Jason Williams, Robert P. Mason
Article
Management
P. Ding, M. D. Gerst, G. Bang, M. E. Borsuk
GROUP DECISION AND NEGOTIATION
(2015)
Article
Economics
Shana M. McDermott, Richard B. Howarth, David A. Lutz
Article
Environmental Sciences
Hallie Eakin, Nadine Methner, Gina Ziervogel
Summary: There is a growing need to involve private actors in public adaptation in urban systems. Urban administrators have limited control over urban dynamics, and the actions of private actors have a significant influence. A conceptual framework combining cognitive and behavioral theory, institutional analysis, adaptive capacity, and research on urban adaptation governance is used to understand the potential for private provisioning. The case of Cape Town's response to drought illustrates the complex interactions that shape private actors' willingness to engage in public-oriented adaptation.
GLOBAL ENVIRONMENTAL CHANGE-HUMAN AND POLICY DIMENSIONS
(2024)