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It is well-known that the discount rate is crucially important for estimating the social cost of carbon, a standard indicator for the seriousness of climate change and desirable level of climate policy. The Ramsey equation for the discount rate has three components: the pure rate of time preference, a measure of relative risk aversion, and the rate of growth of per capita consumption. Much of the attention on the appropriate discount rate for long-term environmental problems has focussed on the role played by the pure rate of time preference in this formulation. We show that the othe r two elements are numerically just as important in considerations of anthropogenic climate change. The elasticity of the marginal utility with respect to consumption is particularly important because it assumes three roles: consumption smoothing over time, risk aversion, and inequity aversion. Given the large uncertainties about climate change and widely asymmetric impacts, the assumed rates of risk and inequity aversion can be expected to play significant roles. The consumption growth rat e plays multiple roles, as well. It is one of the determinants of the discount rate, and one of the drivers of emissions and hence climate change. We also find that the impacts of climate change grow slower than income, so the effective discount rate is higher than the real discount rate. Moreover, the differential growth rate between rich and poor countries determines the time evolution of the size of the equity weights. As there are a number of crucial but uncertain parameters, it is no surprise that one can obtain almost any estimate of the social cost of carbon. We even show that, for a low pure rate of time preference, the estimate of the social cost of carbon is indeed arbitrary—as one can exclude neither large positive nor large negative impacts in the very long run. However, if we probabilistically constrain the parameters to values that are implied by observed behaviour, we find that the expected social cost of carbon, corrected for uncertainty and inequity, is approximate 60 US dollar per metric tonne of carbon (or roughly $17 per tonne of CO2) under th e assumption that catastrophic risk is zero.

Editorial Complex Optimization and Simulation in Power Systems

The complex interaction between city and climate crisis is converting design-based disciplines from deterministic to flexible approaches. In this regard, Decision-Making Under Deep Uncertainty (DMDU) methods and operational strategies can be valuable support mechanisms to cope with the emerging climate fragilities of urban systems. In light of recent advances in the field of adaptive approaches, this paper discusses key concepts, current limitations and the potential to introduce the DMDU in the method and practices of regenerative design. Our critical discussion aims to restore the designer’s role within the DMDU and to reduce current and future climate fragilities in European cities.

Aromatization of furan and substituted furans over zeolite catalysts is a promising reaction to convert cellulose-derived compounds into valuable aromatic hydrocarbons and light olefins. A lack of understanding of the reaction mechanism however hinders further development of this process. Here, we propose the reaction mechanism, underlying the chemistry of furan and methanol co-aromatization over HZSM-5 zeolite catalyst. Applying 13C isotope labeling in a combination with NMR spectroscopy and high temporal resolution gas chromatography-mass spectrometry analysis, we demonstrate that aromatization of furan and methanol are not mechanistically separated and can be described within the dual-cycle hydrocarbon pool mechanism. Cofeeding furan with methanol leads to a significant enhancement of light aromatics selectivity and increased catalyst lifetime.

Background: The global palm oil market experienced a remarkable boom since the year 2000. Since palm oil can be used for biodiesel production, the global expansion of oil palm cultivation has been associated with the global biofuel boom. Biofuel policies—especially those adopted in the European Union (EU)—have been blamed for the socio-environmental impacts of oil palm expansion. We explore how the global biofuel boom interacts with national geographies and social-economic and political processes to produce country-specific trajectories of biofuel crops expansion. We analyse the expansion of oil palm cultivation in Colombia between 2000 and 2010 from a political ecology perspective. Methods: The analysis is based on a framework that positions expansion of commodity frontiers within the ‘space-of-flows’ and the ‘space-of-place’. Through this approach, we identify the markets and geographies that define the country-specific trajectories of expansion of oil palm in Colombia, and their connections with general patterns of land control. The empirical analysis is based on primary data collected during fieldwork, and on an extensive review of secondary data about the palm oil sector and the socio-environmental effects of oil palm expansion in the country. Results: The contemporary oil palm expansion in Colombia was not specifically influenced by the international biofuel market. Expansion was characterized by an increasing production of palm oil for biodiesel, to supply a policy-driven national biofuel market controlled by national palm oil producers. The evidence shows that this oil palm expansion proceeded through a variety of land control practices that constitute forms of ‘accumulation by dispossession’ and ‘assimilation’. These are embedded in contextual factors that include the agrarian history of Colombia, the armed conflict, and government policies. Conclusions: Our study shows that the ways in which expansion of biofuel crops unfold in each producing country depend not only on the global biofuel market. They are also shaped by the country-specific geographies and political economies. Therefore, research and policies on the global expansion of energy crops should account for the complex and interrelated factors that mediate the specific ways in which the global demand for biofuels creates biofuel crop booms at country level.

This document contains the Strategic Research Agenda to Innovation on Blue Energy developed in the framework of the PELAGOS project (D.4.2.1). Relying on both the current Research & Innvation guidelines and priorities established at European level for exploitating in the most effective way the potential of Ocean Energy and the knowledge acquired the activities of PELAGOS project at Mediterranean level, this document considers the strategic focus areas related to the most promising Marine Renewables Energy technologies in the Mediterranean area.

This study focuses on formulating the most sustainable concrete by incorporating recycled concrete aggregates and other products retrieved from construction and demolition (C&D) activities. Both recycled coarse aggregates (RCA) and recycled fine aggregates (RFA) are firstly used to fully replace the natural coarse and fine aggregates in the concrete mix design. Later, the cement rich ultrafine particles, recycled glass powder and mineral fibres recovered from construction and demolition wastes (CDW) are further incorporated at a smaller rate either as cement substituent or as supplementary additives. Remarkable properties are noticed when the RCA (4–12 mm) and RFA (0.25–4 mm) are fully used to replace the natural aggregates in a new concrete mix. The addition of recycled cement rich ultrafines (RCU), Recycled glass ultrafines (RGU) and recycled mineral fibres (RMF) into recycled concrete improves the modulus of elasticity. The final concrete, which comprises more than 75% (wt.) of recycled components/materials, is believed to be the most sustainable and green concrete mix. Mechanical properties and durability of this concrete have been studied and found to be within acceptable limits, indicating the potential of recycled aggregates and other CDW components in shaping sustainable and circular construction practices. The authors wish to acknowledge the financial support from EU Horizon 2020 Project VEEP ‘‘Cost-Effective Recycling of C&DW in High Added Value Energy Efficient Prefabricated Concrete Compo-nents for Massive Retrofitting of our Built Environment” (No.723582).

In Cameroon, as in other countries of the Congo basin region, policy processes and activities related to climate change have been hitherto geared mostly towards mitigation and related questions, with limited concern about adaptation issues. However, the increasing vulnerability of Cameroon to climate variability and change makes adaptation significant to its national climate-change policy. Nonetheless, it remains a challenge to make both adaptation and mitigation occupy the same policy space in Cameroon. This paper builds partly on studies carried out in two community forest carbon initiatives in the southern rainforest of Cameroon. It also argues, supported by existing literature on adaptation and mitigation, that mitigation activities have the potential to produce adaptation outcomes; a situation which avoids duplication of efforts and waste of financial and technical resources, if synergetic options are anticipated and planned. However, whether such integrated approaches succeed and are subsequently reflected in national-level climate policy depends on how actors across different sectors and at different levels engage and carry out their roles. The paper discusses these roles and how they can support each other in pursuing integrated initiatives – a context which is vital for Cameroon.