Mission assurance policy and risk management in cybersecurity

Mission assurance policy and risk management are essential in enabling decision makers to ensure successful completion of missions by addressing the security status of cyber assets. This paper presents a novel mission assurance policy that adapts to the dynamic security status of all mission assets to quickly and automatically determine mission assurance level and to decide what changes are needed accordingly. The novelty of this mission assurance policy stems from using a time Petri net model for determining the security status of cyber assets, and then employing binary or multi-valued logic decision diagrams to assess the mission assurance level. The ability of a mission assurance policy to successfully complete its objectives depends mainly on whether a risk management scheme is provided to reduce risk to an acceptable level. To that end, this paper also describes a risk management scheme to systematically deal with the main factors of risk management such as the temporal interdependencies of cyber assets, impact of attacks, and risk mitigation. Given that the status of cyber assets changes due to the dynamic cybersecurity environment of asset vulnerabilities, threats, and recovery, the proposed mission assurance policy and risk management scheme enable decision makers to cope with the real-time assessment of mission assurance level.     

US materials policy : A legislative approach

This paper describes a general programme to develop a national policy for materials in the USA, under the leadership of the Committee on Science and Technology of the US House of Representatives. The paper discusses the evolving need for a policy, and describes the foundation for policy provided by the National Science and Technology Policy, Organization and Priorities Act of 1976, and policies proposed in a draft national materials bill. Possible ways of implementing the proposed policy are considered.     

US energy policy in historical perspective

Energy ‘policy’ is not a recent invention. What is new is that instead of a variety of policies rooted for the most part in notions other than adequacy of reasonably priced and readily available energy supplies, the past fifteen years or so have witnessed the emergence of a set of policies that are more pointedly directed at energy targets as such. These include, above all, such cross cutting issues as efficiency in use, security against supply disruptions, incentives to oil and gas producers, opportunities for the development of alternative energy sources and concern for the equitable sharing of costs associated with any of these policies. If there is one overriding issue that permeates the policy fabric it is the delineation of the governmental role versus market forces. Debate and controversy on that topic is bound to continue.     

Approximating pollution abatement costs via alternative specifications of a multi-output production technology: a case of the US electric utility industry

Using a panel of observations from the US electric utility industry, we analyze the output set frontiers that are produced by modeling the technology with different functional forms. Our specifications rely on a series of mapping regimes, based on the paths in which the outputs are scaled toward the frontier, and their outcomes are assessed against the general axiomatic framework of the production model. We demonstrate that different parameterization methodologies produce different empirical analogues of the output set and, as a consequence, can generate rather different estimates of the shadow prices of socially undesirable outputs, or 'bads,' as well. We benchmark our results by assessing the shadow price estimates, often interpreted as the opportunity cost of pollution reduction, against the market prices of pollution permits. The outcomes of our analysis suggest that the estimate of the output set boundary varies with the choice of a parameterization technique, which provides a possible explanation for the sizeable differences between the shadow prices of bads reported in the literature. We also demonstrate that among a variety of existing parametric methodologies no single technique is superior to all others.     

Decentralized approaches to wastewater treatment and management: applicability in developing countries

Providing reliable and affordable wastewater treatment in rural areas is a challenge in many parts of the world, particularly in developing countries. The problems and limitations of the centralized approaches for wastewater treatment are progressively surfacing. Centralized wastewater collection and treatment systems are costly to build and operate, especially in areas with low population densities and dispersed households. Developing countries lack both the funding to construct centralized facilities and the technical expertise to manage and operate them. Alternatively, the decentralized approach for wastewater treatment which employs a combination of onsite and/or cluster systems is gaining more attention. Such an approach allows for flexibility in management, and simple as well as complex technologies are available. The decentralized system is not only a long-term solution for small communities but is more reliable and cost effective. This paper presents a review of the various decentralized approaches to wastewater treatment and management. A discussion as to their applicability in developing countries, primarily in rural areas, and challenges faced is emphasized all through the paper. While there are many impediments and challenges towards wastewater management in developing countries, these can be overcome by suitable planning and policy implementation. Understanding the receiving environment is crucial for technology selection and should be accomplished by conducting a comprehensive site evaluation process. Centralized management of the decentralized wastewater treatment systems is essential to ensure they are inspected and maintained regularly. Management strategies should be site specific accounting for social, cultural, environmental and economic conditions in the target area.     

US resources policy: The 1982 report to congress

This paper analyses the extent to which the new Reagan mineral policy will encourage increased US production, substitution, recycling and conservation, domestic stock-piling and diversification of foreign supplies. Major inadequacies of the mineral policy are the transfer of responsibility for research and development from the government to the unprepared private sector, the lack of emphasis on short-term research and development in mineral processing technology, and the lack of coordination between minerals policy and national security and foreign policy. However, overall the policy is a positive step towards reducing the current US minerals supply vulnerability.     

Balancing environmental and industry sustainability: A case study of the US gold mining industry

Mandatory insurance requirements and/or mitigation fees (royalties) for mining companies may help reduce environmental risk exposure for the federal government. Mining is examined since the Environmental Protection Agency (EPA) Toxic Release Inventory reveals that this sector produces more hazardous waste than any other industrial sector. Although uncommon, environmental expense can exceed hundreds of millions of dollars per development. Of particular concern is the potential for mines to become unfunded Superfund sites. Monte Carlo simulation of risk exposure is used to establish a plausible range of unfunded federal liabilities associated with cyanide-leach gold mining. A model is developed to assess these costs and their impact on both the federal budget and corporate profitability (i.e., industry sustainability), particularly if such costs are borne by offending firms.     

Aquatic biodiversity and the electric utility industry

/ Results from a 1995 survey of utility company biologists indicate that aquatic biodiversity is an emerging and poorly understood issue. As a result, there is some confusion about what aquatic biodiversity actually is, and how we can best conserve it. Only one fourth (24%) of the respondents said their company has a stated environmental policy that addresses biodiversity. Many respondents indicate that over the years they have not specifically managed for biodiversity, but have been doing that through their efforts to assure balanced indigenous populations. While regulations are still the major driver for biological work, an increasing number of companies are involved in voluntary partnerships in managing water resources. Of these voluntary partnerships, 70% have biodiversity as a goal. Biodiversity is becoming an increasingly common subject of study, and a vast majority (75%) of the respondents suggested it should be a goal for utility resource management. Conservation of aquatic biodiversity is a complex task, and to date most aquatic efforts have been directed toward fish and macroinvertebrates. Ecological research and technological development performed by the utility industry have resulted in a number of successful biopreservation and biorestoration success stories. A common theme to preserving or enhancing aquatic biodiversity is preserving aquatic habitat. Increasingly, ecosystem management is touted as the most likely approach to achieve success in preserving aquatic biodiversity. Several utilities are conducting progressive work in implementing ecosystem management. This paper presents the potential interactions between power plants and biodiversity, an overview of aquatic biodiversity preservation efforts within the electric utility industry, more detail on the results of the survey, and recent initiatives in ecosystem management.KEY WORDS: Biodiversity; Ecosystem management; Watershed management; Utilities; Aquatic; Adaptive management     

Aquatic biodiversity and the electric utility industry

Results from a 1995 survey of utility company biologists indicate that aquatic biodiversity is an emerging and poorly understood issue. As a result, there is some confusion about what aquatic biodiversity actually is, and how we can best conserve it. Only one fourth (24%) of the respondents said their company has a stated environmental policy that addresses biodiversity. Many respondents indicate that over the years they have not specifically managed for biodiversity, but have been doing that through their efforts to assure balanced indigenous populations. While regulations are still the major driver for biological work, an increasing number of companies are involved in voluntary partnerships in managing water resources. Of these voluntary partnerships, 70% have biodiversity as a goal. Biodiversity is becoming an increasingly common subject of study, and a vast majority (75%) of the respondents suggested it should be a goal for utility resource management. Conservation of aquatic biodiversity is a complex task, and to date most aquatic efforts have been directed toward fish and macroinvertebrates. Ecological research and technological development performed by the utility industry have resulted in a number of successful biopreservation and biorestoration success stories. A common theme to preserving or enhancing aquatic biodiversity is preserving aquatic habitat. Increasingly, ecosystem management is touted as the most likely approach to achieve success in preserving aquatic biodiversity. Several utilities are conducting progressive work in implementing ecosystem management. This paper presents the potential interactions between power plants and biodiversity, an overview of aquatic biodiversity preservation efforts within the electric utility industry, more detail on the results of the survey, and recent initiatives in ecosystem management.     

The current status of the US mining industry

The US economy annually needs over 4 billion tons of new mineral supplies. The value of domestically produced energy and processed materials of mineral origin exceeds $175 billion annually, but domestic production of both raw and processed minerals is not keeping pace with demand.     

Market power and cost efficiency: the case of the US aluminum industry

The purpose of this paper is to construct and empirically test a model designed to determine the link between market concentration and price with separate effects of market-power and cost-efficiency in change of industrial concentration. The analysis is conducted within the context of a single oligopoly, specifically, the US primary aluminum industry. Using time-series data, the model indicates that both market-power and cost-efficiency effects are significant resulting in unwavering prices despite diminishing market concentration in the industry throughout the sample period.     

Shifting paths to conservation: policy change discourses and the 2008 US farm bill

From 2004 until 2006, reform of US agricultural subsidy programmes seemed a likely result of pressure from the World Trade Organization. Many groups saw this pressure as an opportunity to ‘green’ farm policy by crafting environmental service payments that could replace crop subsidies. Yet the 2008 US farm bill fell short of such drastic changes. This paper uses discourse analysis to trace the decline of prospects for reform of the farm bill, and a shift to incremental policy making between 2006 and 2008. It finds that, in addition to political and situational factors, striking discursive shifts altered policy debates and outcomes to create particular conservation impacts. It thus argues for broader use of rhetoric theory and discourse analysis to assess environmental policy. Implications for land conservation are presented in the context of interest group tactics.     

Decline of materials intensiveness : The US pulp and paper industry

Despite the USA's image as a throw-away society, materials consumption per real GNP is declining, and has been for several years. Materials conservation practices in industry and a shift towards a service economy are two important factors in the decline of material intensiveness. The authors document this resource trend for the paper industry and conclude that an important cause of material intensiveness decline for this industry is the concept of product maturity. Future policy options are also analysed.     

Metrics,decisions, and strategies: Environmental performance measurement in the electric utility industry

The twin challenges of increased competition and environmental consciousness are causing companies in the utility industry to re-examine their methods for measuring environmental performance. A new paradigm is emerging which has already appeared in other industries—treating environmental quality as a potential source of profitability and competitive advantage. This article discusses how utilities and industrial companies can develop an environmental performance measurement framework, integrate it into their strategic and operating business practices, and use it for evaluation of alternative environmental strategies.     

Corruption in natural resource management: Implications for policy makers

Corruption is the main reason why resource-rich countries perform badly in economic terms. Corruption in resource-rich countries takes two main forms, rent-seeking and patronage. Resource rents induce rent-seeking as individuals compete for a share of the rents rather than use their time and skills more productively. And resource revenues induce patronage as governments pay off supporters to stay in power, resulting in reduced accountability and an inferior allocation of public funds. This paper systematically reviews the literature on natural resources and corruption, and outlines the main policy implications for donors and domestic policy makers. A main conclusion is that priority should be given to policies that address rent-seeking and patronage. In other words, policy in resource-rich countries should be less about macro-economic management and more about institutions to prevent rent-seeking and patronage, and about giving the right incentives to players in the resource sector. Moreover, all policies need to take into account their impact on rent-seeking and patronage, and some current policies may actually be harmful in this respect.     

Assessment of risk in a minerals industry: Canadian nickel

The level of rents attributable to natural resource producers depends on the risk faced by those producers. This paper argues that estimates of risk in mining should control for characteristics of firms such as diversification and debt financing. The capital asset pricing model is applied to securities of three Canadian nickel mining firms over the period 1961–1974. It is concluded that the level of risk was not unusually high.     

US federal tax policy: The evolution of percentage depletion for minerals

We are often tempted to believe that a nation's resource policy is the result of careful deliberation and conscious design and is articulated in a relatively few statutes. This paper traces the history of percentage depletion in the USA and finds that this particular resource policy has evolved in the absence of a recognizable master plan. Percentage depletion has developed through a continuing political tug-of-war in the US Congress as a seemingly unending array of special interest groups sought and finally gained the prize of percentage depletion for their industry.     

Ecological principles,biodiversity, and the electric utility industry

The synthetic field of conservation biology uses principles derived from many different disciplines to address biodiversity issues. Many of these principles have come from ecology, and two simple ones that seem to relate to many issues involving the utility industry are: (1) Everything is interconnected (and should usually stay that way), and (2) We can never do merely one thing. The first principle can be applied to both the biotic and physical environments that are impacted by industrial activities. Habitat fragmentation and the loss of physical and biotic connectedness that results are frequently associated with transmission rights-of-way. These problems can be reduced—or even turned into conservation benefits—by careful planning and creative management. The second principle applies to the utility industry's programs to deal with carbon released by burning fossil fuels. Ecological knowledge can allow these programs to contribute to the preservation of biodiversity in addition to addressing a pollution problem. Without careful ecological analyses, industry could easily create new problems while implementing solutions to old ones.     

Public policy, private landholders: perspectives on policy mechanisms for sustainable land management

A variety of tools can be employed in support of environmental policy objectives, but achieving preferred outcomes also requires the cooperation of private landholders and others with vested interests in the land. The Land Stewardship project in the state of Victoria, Australia, is an initiative devoted to exploring the ways in which private landholders could be encouraged towards more sustainable land management. Following the view that the success of policy initiatives is contingent on effective stakeholder engagement, a component of the Land Stewardship project involved a dialogue with landholders about policy tools (e.g., regulation, economic instruments) that might be deployed to encourage improved land management practices. This paper provides an account of the views and attitudes of landholders, as revealed in a series of three workshops, which consisted of discussions about the factors influencing agriculture, participants' interpretations of sustainability, and policy methods. The focus of the paper is on what landholders believe to be the strengths and limitations of standard policy tools, and the essential requirements for these tools to deliver the best land management outcomes. One of the main findings of the project was a 'preference hierarchy' in respect of policy methods, according to which the strongest support was expressed for voluntary and education-based tools, followed by market-based instruments, with command-and-control regulation identified as a measure of 'last resort'. In the paper we reflect also on how the views and outlook of landholders should be positioned relative to other inputs in the design of policy interventions.