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1.
1Water LossInitiativesUnaccounted-for water(or unbilled water)has beenreceiving newscrutiny at both the state and nationallevels.For years,water conservationeffortsin Europehave emphasized reduction in water loss to a muchgreater extent thaninthe United S…  相似文献   
2.
How does financial performance risk affect investments in low-carbon electricity-generating technologies to achieve climate policy targets? A detailed risk simulation of price formation in the Great Britain wholesale power market is used to show that the increasing replacement of fossil facilities with wind, ceteris paribus, may cause a deterioration of the financial risk–return performance metrics for incremental investments. Low-carbon investments appear to be high risk, low return, and as such may require a progressively higher level of support over time than envisaged by the conventional degression trajectories. The increasing riskiness of the wholesale market will to some extent offset the benefits of lower capital costs and operational efficiencies if investors need to satisfy cautious debt coverage ratios alongside positive expected returns. This increased risk is additional to the well-known ‘merit order effect’ of low-carbon investments progressively depressing wholesale prices and hence their expected investment returns.

Policy relevance

Policy support for renewable technologies such as wind is usually based upon levelized costs and is expected to reduce over time as capital costs and operational efficiencies improve. However, levelized costs do not take full account of the risk aversion that investors may have in practice. Expected policy support reductions may be moderated to some extent by the increased financial performance risk that intermittent technologies bring to the power market. The annual risk-return profiles for incremental investments deteriorate for all technologies as wind replaces fossil fuels. This extra risk premium will need to be incorporated into evaluating policy incentives for new investments in a decarbonizing power market.  相似文献   
3.
In the context of the negotiations under the United Nations Framework Convention on Climate Change and its accompanying Kyoto Protocol, participating nations have recognized the need for formulating Nationally Appropriate Mitigation Actions (NAMAs). These NAMAs allow countries to take into account their national circumstances and to construct measures to mitigate GHG emissions across economic sectors. Israel has declared to the UN that it would strive to reduce its GHG emissions by 20% in the year 2020 relative to a ‘business as usual' scenario. With its growing population and an expanding economy, the national GHG mitigation plan was developed to draw a course for steering the Israeli economy into a low-carbon future while accommodating continued economic growth. The article describes relevant policy measures, designed to aid in the implementation of the plan and compares them with measures being undertaken by different countries. Emphasis is placed on analysing the progress to date, opportunities and barriers to attaining the ultimate GHG emissions reduction goals. The objective of this article is to contribute to the knowledge base of effective approaches for GHG emissions reduction. We emphasize the integrated approach of planning and implementation that could be especially useful for developing countries or countries with economies in transition, as well as for developed countries. Yet, in the article we argue that NAMAs’ success hinges on structured tracking of progress according to emerging global consensus standards such as the GHG Protocol Mitigation Goals Standard.

Policy relevance:

The study is consistent with the NAMA concept, enabling a country to adopt a ‘climate action plan’ that contributes to its sustainable development, while enabled by technology and being fiscally sound.

The analysis shows that although NAMAs have been framed in terms of projects, policies, and goals, current methodologies allow only the calculation of emission reductions that can be attributed to distinct projects. Currently, no international guidance exists for quantifying emissions reduction from policy-based NAMAs, making it difficult to track and validate progress. This gap could be addressed by an assessment framework that we have tested, as part of a World Resources Institute pilot study for an emerging voluntary global standard.  相似文献   
4.
《Climate Policy》2013,13(1):9-21
Governments willing to commit themselves to maintain carbon prices at or above a certain level face the challenge that their commitments need to be credible both for investors in low-carbon technology and for foreign governments. This article argues that governments can make such commitments by issuing long-term put option contracts on the price of CO2 allowances. This mechanism gives investors the right, but not the obligation, to sell allowances to the government at the strike price. From the investors' point of view, a government is therefore fully committed to a price floor for allowances in the future. This proposed approach alters the incentives that a government faces when considering noncompliance and serves to prevent non-compliance. The proposal fares well when assessed against criteria to determine its suitability in legitimacy, enforcement, proportionality, lack of interference from other contracting States, and transparency. It also allows for fine-tuning through the number and duration of issued options and the strike price. A robust contract structure is proposed to protect against government interference that might threaten the credibility of commitments.  相似文献   
5.
Sense of place, including an individual’s attitudes toward specific geographic settings, is generally predicted to influence willingness to engage in place-protective behaviors. Relatively little research, however, has empirically examined the influence of people’s attitudes toward a place on their willingness to pay for environmental protection. Using the example of a payment for ecosystem services (PES) initiative in the McKenzie River watershed, Oregon, USA, we found that place attitudes were a significant predictor of respondents’ willingness to pay for a program designed to benefit drinking water quality. These results suggest that connecting conservation actions to landscapes that are meaningful to people may increase their financial support for PES and other conservation programs. While program managers have little or no influence over stakeholders’ political ideology, gender, or income, managers may be able to influence prospective PES buyers’ awareness and attitudes through targeted communications, thereby potentially increasing support for place-based conservation efforts.  相似文献   
6.
This study estimates consumer demand for eco-friendly labeled canned tuna products in two distinct US marketing channels, conventional and natural supermarkets, to evaluate market-based incentives for conservation measures that affect fishing costs and retail prices. Using retail scanner data, this paper finds that US consumer demand for canned tuna varies depending on the species of tuna, what gear type was used, whether the can is sold in natural food or conventional supermarkets, and whether canned product is or is not certified as eco-friendly. The paper's main conclusions are that retail price premiums for eco-friendly products face upper limits due to consumer responses to higher prices, and are most effective when coupled with: (1) inelastic own-price elasticity of demand; (2) price premium signals that are transmitted from retail markets to raw material producers; and (3) limited retail consumption substitution possibilities with lower-priced conventional products that help maintain price premiums and that otherwise create conservation disincentives by increasing conventional supply. Results from this paper not only have unique implications for various forms of international tuna fisheries policy that incorporates or anticipates change in market behavior, but also could serve as a scientific reference to clarify the trade disputes.  相似文献   
7.
The subsidy, as a measure, is widely applied by governments at all levels around the world as a way of policy interventions. However, there are two completely opposite opinions of subsidies on energy and environmental protection. The only reason for subsidy in existence is the internalization of external benefit. The paper firstly examines the energy subsidy policies relevant to climate change mitigation in China and their effectiveness, then points out the deficiency existing in energy conservation policies and renewable energy development policies, and finally suggests that China should exert positive role of subsidy policies and reduce negative effects in promoting climate change mitigation.  相似文献   
8.
It can be argued that the intensity of monitoring of coastal marine environments lags behind the equivalent terrestrial environments. This results in a paucity of long-term time series of key environmental parameters such as turbidity. This lack of management information of the sources and sinks, and causes and impacts of stressors to the coastal marine environment, along with a lack of co-ordination of information collection is compromising the ability of environmental impact assessments of major coastal developments to discriminate between local and remote anthropogenic impacts, and natural or background processes. In particular, the quasi outsourcing of the collection of coastal information can lead to a perverse incentive whereby in many cases nobody is actively or consistently monitoring the coastal marine environment effectively. This is particularly the case with regards to the collection of long-term and whole-of-system scale data. This lack of effective monitoring can act to incentivise poor environmental performance.  相似文献   
9.
《Climate Policy》2013,13(6):548-568
In contrast to the federal government, some US states have taken an aggressive approach to curbing climate change. They use a variety of policy instruments to reduce greenhouse gases. These instruments can be categorized into two broad categories: economic incentives and command-and-control regulation. While the use of economic incentives has, on average, increased, some states employ them more than others. This article compares the propensity of different US states to employ economic incentives in the area of climate change. For this purpose, it analyses and tests four models: (i) a needs/responsiveness model, (ii) an interest group influence model, (iii) an innovation-and-diffusion model, and (iv) a combined model. Interestingly, this article finds that economic incentives are pushed out of the political agenda when states are confronted with a more severe problem in terms of carbon emissions and dependence on conventional energy. This article also finds support for the traditional, antagonistic view of ‘industry versus environmentalists’: electric utility companies tend to oppose economic incentives, while environmentalists and renewable energy producers tend to support them.  相似文献   
10.
Carbon markets and climate finance payments are being used to incentivize the mitigation of CO2 arising from anthropogenic land-use change in forests, marine ecosystems, and lowland grasslands. However, no such consideration has been given to how these ‘carbon finance incentives’ might be applied to mountain grasslands and shrublands, ecosystems that contain a substantial amount of carbon. These incentives amount to more than US$350 billion per annum and could potentially support underfunded natural resource management (NRM) activities, which are urgently needed to address numerous stressors impacting these important ecosystems. In the mountain context, NRM activities could include adaptive grazing management, sustainable cropping, ecosystem preservation, ecosystem restoration, and engineered soil conservation measures. This article investigates the stressors, challenges, and priorities related to the NRM of carbon stocks in mountain grasslands and shrublands; why carbon markets and climate finance have not yet been utilized in this context; and, what is required to position mountain-based NRM activities as eligible for carbon finance incentives. Using surveys and interviews triangulated with a systematic literature review, the study found that carbon finance incentives are not well understood, both amongst mountain-focused experts and in the literature. The study also found the required technical methodologies, policy frameworks, and data to be largely undeveloped. This article proposes a top-down conceptual policy framework that can be used to develop key ‘enabling factors’ with the view of extending the eligibility of carbon markets and climate finance to NRM activities undertaken in mountain grasslands and shrublands in the same way that has been afforded to other ecosystems.

Policy relevance

This is the first study to explicitly highlight the important role that the mountain grasslands and shrublands might play in international climate policy, and how carbon finance mechanisms might support better NRM in these areas. It is also the first to investigate why these incentives have not been adopted thus far. The article concludes by proposing a novel top-down ‘carbon incentive enabling’ framework that could be driven by governments and mountain development focused organizations so as to capture some of the opportunities offered by carbon-based incentives, and help meet international climate policy objectives.  相似文献   

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