Is the convenience yield a good indicator of a commodity's supply risk?

A strong increase in the demand for some commodities over the last decade will have a major impact on their future supply situation. Of increasing importance, therefore, is an assessment of a commodity's criticality, and especially its supply risk, by appropriate indicators. The literature has proposed numerous indicators of the supply risk. Here, we use the convenience yield of commodity futures as a supply risk indicator to address some of the major shortcomings of existing indicators, especially regarding their predictive power. This paper aims to test the applicability of the convenience yield as an indicator of a commodity's future supply risk. Therefore, we calculate historical convenience yields for 3-, 15-, and 27-month futures contracts for five major industrial metals (aluminum, copper, lead, nickel, and zinc) during the period 1999 to 2011. We compare the convenience yields at the beginning of the contract period to known indicators at maturity to find that the convenience yield has generally predictive power for the static stock lifetime (i.e., inventory volume/turnover) and future spot prices. Furthermore, we find that, with some restrictions, the convenience yield is an applicable indicator of a commodity's supply risk.     

浮游植物叶绿素a测定方法研究进展

叶绿素a作为评价水体富营养化水平及水生态健康的重要指标,其监测方式目前越来越受到环境监管部门及相关科研机构的重视。综述了目前常用的几种监测方法,并对每种方法的优劣进行了系统分析,发现每种监测方法都存在一定的限制条件。因此,环保部门进行例行监测或者科研机构进行长期跟踪监测时要根据监测对象的不同选择合适的方法,甚至选择几种监测方法结合的方式来进行叶绿素a的测定,以为水环境管理和科研工作提供可靠的数据支撑。     

制冷剂R134a生产技术

由西安金珠近代化工有限责任公司开发、陕西省环保局推荐的制冷剂R134a生产技术适用于汽车空调、家用电冰箱和商业制冷工质;PU及PS塑料发泡剂及医药、化妆品气溶胶喷剂等.     

Animal Rearing as a Contract?

Can animals, and especially cattle, be the subject ofmoral concern? Should we care about their well-being?Two competing ethical theories have addressed suchissues so far. A utilitarian theory which, inBentham's wake, extends moral consideration to everysentient being, and a theory of the rights orinterests of animals which follows Feinberg'sconceptions. This includes various positions rangingfrom the most radical (about animal liberation) tomore moderate ones (concerned with the well-being ofanimals). Notwithstanding their diversity, theseconceptions share some common flaws. First, as anextension of primarily anthropocentric theories (aboututility or rights) they still participate in the flawsof the original setting. Second, extending them tonon-human beings raises the problem of the borderwhich is to be drawn between what can be included inthe purview of moral consideration and what is leftoutside. Third, such theories are not able to distinguishbetween an ethics of wildlife and an ethics ofdomestic life, which too often leads to preposterousstatements. We would like to argue (i) that we should distinguishbetween environmental ethics (concerned withpopulations, species, biotic communities) and animalethics (where animals are taken into consideration individually);(ii) that individualist animal ethics are not relevantfor animal rearing; (iii) that animal rearing is a hierarchicalrelationship which rules are to be found in the fiction of a domesticcontract. Hence, we would like to construct a new conception ofthe ethics of the relation between men and the cattlethey breed based on the idea of a domestic contract.Our main assumption is Mary Midgleys's anthropologicalassumption, according to which human communities,since the Neolithic age, have always included variousanimals, so that relations of sociability have alwaysexisted between human beings and animals within thedomestic community (a mixed community). In order tospecify the hierarchical and non-egalitarian, butinclusive reciprocal obligations and relations insidesuch a community, we will elaborate on the notion ofa ``domestic contract'', an implicitly assumedidea traced back to Lucretius and whichwe will follow up to the physiocrats and Adam Smith.We will show that such an idea relies upon theassumption of communication between cattle farmer andanimals, of shared experience and exchanges betweenthe two parties. We will then show how modern factory,or battery animal farming, can be seen as unilaterallybreaking this domestic contract, forsaking ourduties towards domestic animals.     

Perceived landscape values and public participation in a road-planning process – a case study in Sweden

The European Landscape Convention indicates that assessment of different dimensions that exist in landscapes should be taken into account in planning. In this study, we first investigated ecological, cultural and social values as perceived by the local people in a highway-planning process in Sweden. Next, we explored which factors influenced the local people's participation in the road-planning process. We used questionnaires, planning documents and the Theory of Planned Behavior to investigate the relations between different factors and local people's participation in the planning process. The results showed that people presumed the ecological values in the landscape to be adversely affected by the new road, while the social values would remain the same. Landowners had heard of the participatory-process, but few participated. Those who lived within 300 m of the road were more active in the planning process than people living further away. The findings suggest that people living within a few hundred metres of the road should be treated as key stakeholders in the planning process. The involvement of other stakeholders, and when in the public participation process stakeholders should be involved, is also discussed.     

Willingness to pay towards a public good: how does a refund option affect stated values?

Mandatory taxes and/or voluntary contributions are commonly adopted as the payment vehicle when eliciting willingness to pay (WTP) in environmental valuation studies. While mandatory taxes may arouse negative feelings, voluntary contributions may lead to strategic behaviour (over bidding) or free riding (under bidding). In this paper, we explore an alternative payment vehicle which avoids the draconian undertones associated with taxes and may be more incentive compatible than a voluntary contribution – a tax that incorporates a refund option. The template for such a payment vehicle is the value added tax charged to tourists in Ireland, but which can be reclaimed on exiting the country. In the context of raising public funds to support the conservation of rural countryside landscape, a comparison is made between the elicited WTP via a mandatory tax and that elicited via the alternative payment method incorporating a refund option. While we observe similar participation rates between the two payment methods, the refund option reveals a higher stated WTP.     

Can ISO 14063 be a tool to plan the environmental communication strategy of a territorial area?

Over the past two decades, communication on environmental values, actions and performance has become an essential activity of organisations, because of the increased public concern and legislation related to the environment.

Stakeholders put pressure on companies to take environmental responsibility. In this framework, an effective environmental communication can generate value-added on companies' environmental work, and consequently, their competitiveness and profitability can benefit from communicating their environmental responsibility.

In 2006, the International Organization for Standardization (ISO) launched a standard for environmental communication, ISO 14063. ISO 14063 should not be used for third-party certification purposes. Instead, it is intended to be used as a guideline and support companies to ensure successful environmental communication. The aim of this paper is to prompt a discussion about the applicability of the standard ISO 14063 not only to single organisations but as a tool to plan the environmental communication strategy of a whole territorial area. This is achieved by performing a case study relating to the Interreg IVC-funded project “Progresland”. The project involved three Italian and one Spanish natural areas and demonstrated that ISO 14063 could be a valid support to define and implement an environmental communication plan for a territorial area.     

The Design of a New Energy-conservation Type Solar-powered Lighting System Using a High‐pressure Sodium Lamp

This study designs and applies a new energy-conservation type solar-powered lighting system using a high-pressure sodium lamp to areas not having any utility company's electricity. The proposed system uses a zero-voltage-switching (ZVS) DC/DC converter in the batteries’ charge circuit to reduce the switching loss for a higher charging efficiency. Said system also adopts the maximum power point tracking (MPPT) technique to maximize the solar panels’ photovoltaic conversion capability. When dark, the batteries in the proposed system will discharge, with a raised voltage, through a push-pull DC/DC converter; said voltage, as the input voltage of the series-parallel resonant inverter, will be regulated to dim the lamp. To enable the efficient usage of the batteries’ stored energy capacity, this control scheme of the proposed system may adjust the night-time discharge time lengths, according to season difference, and compute the usable capacity for the load, according to the batteries’ charged voltage, so as to select a suitable pre-scheduled light-dimming curve for the lamp to achieve energy conservation for the batteries and continuity in lighting when dark.     

Is Eating Locally a Moral Obligation?

Advocates of eating locally offer a wide range of arguments in favor of the practice, but their ethical import is not always clear. Some locavore statements and arguments seem to imply a strong form of moral obligation; that eating locally is not merely instrumental to some other good, but has intrinsic value in its own right. This article examines standard arguments on behalf of eating locally, including arguments linked to the value of small farms and agrarianism, the environment, taste and health, trust, and relational markets. Most arguments put forward on behalf of eating locally value it instrumentally, the main exception being arguments based on relational markets. Although these arguments provide important motives for eating locally, the strength of obligation varies widely, and even the strongest arguments possess significant qualifications. While eating locally can play a role in reducing environmental impacts, this is not necessarily so, and once removed from instrumental considerations, eating locally is more likely at best an imperfect duty.     

Wind energy and natural ventilation potential of a wind catcher in Yazd – Iran (a long-term measurement)

When designing energy efficient buildings it is useful to study existing climate—responsive building typologies. The wind towers or wind-catchers of Yazd city in Iran are typical examples of such a typology. Although many previous studies have investigated the performance of various types of wind catcher systems, studies based on a long-term real-life measurement can be rarely found. In this study a long-term whole year monitoring campaign on an existing full scale four sided wind catcher in Yazd was carried out in 2014–2015. Three prevailing wind directions were identified and the measured on-site wind speeds were used to estimate the wind induced natural ventilation potential of the tower. A shaft/tower airflow performance index was developed. The monitoring results were compared to the ASHRAE Standard 62:2001 ventilation rate requirement. Results show that the total ventilation rate of the wind tower surpasses the ASHRAE Standard requirements. Furthermore it shows that the shafts are exposed to the prevailing wind directions perform better. For more effective natural ventilation a wind tower with adaptable openings/shafts are proposed.     

Legalizing markets and the consequences for poaching of wildlife species: the vicuña as a case study

Vicuña provide an excellent case study for examining the sustainable use of wildlife outside protected areas: the community-based conservation approach. Vicuña populations in the high Andes of Argentina, Bolivia, Chile, Ecuador and Perú fell to a critically low level, but a Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) ban on trade in their fiber has seen numbers recover dramatically, and now live shearing of vicuña for a high-value international market is being promoted as a mechanism to secure both sustainable vicuña populations and local livelihoods. We used a dynamic optimization model to explore the consequences of legalizing markets, including the consequences for poaching which is critical in vicuña dynamics. Using parameters obtained from the literature and expert knowledge, we explored different scenarios for the Argentine region of Cieneguillas. Our results showed that the role of the international market is ambiguous; live shearing for an international market can provide the very best of outcomes for both vicuña and local people, with large herds generating high revenues. But an international market also creates a market for poached vicuña fiber; as a result, vicuña numbers risk once again falling to critically low levels, resulting also in minimal revenues from sale of fiber. The message for the international community is that if community-based conservation is not implemented carefully then its impact can easily be perverse.     

地表水中浮游植物叶绿素a测定方法的探讨

探讨了分光光度法测定叶绿素a的影响因素。采用玻璃纤维滤膜抽滤水样,以90%丙酮为提取剂研磨后浸泡提取地表水浮游植物中的叶绿素a,研究滤膜种类、样品保存条件、浸提时间对叶绿素a测定的影响。实验结果表明,丙酮研磨法提取效率、实验精密度及准确度良好。     

关于叶绿素a测定萃取时间的探讨

在叶绿素a的测定过程中，萃取时间长短对测定结果产生影响，得出了萃取时间5小时可满足叶绿素a测定要求的结论。     

叶绿素a含量与大气污染评价的研究

当绿色植物受到污染大气的侵害后,叶片中叶绿素a的含量就会下降。因此,通过测定生长于一个城市上风向(大气清洁区),侧风向(轻污区),下风向(重污区)大叶黄杨(Buxaceae buxus sp.)生长功能叶片中叶绿素a含量(c),并以Ci/C上风=A作为相对评价标准,即可在排除了采样差异的前提下,较为客观地揭示城市各区污染的宏观状况。     

Magnetotherapy—a brief excursion through the centuries

The study and observation of electromagnetic phenomena have followed the evolution of human thought from the dawn of civilization to the present day; also magnetotherapy has followed a similar path. Magnetotherapy has been applied and continues to be applied in many branches and fields of medicine, as it accelerates the healing of fractures, has analgesic and anti-inflammatory properties that can help in inflammatory or degenerative diseases of bones, joints and the peripheral nervous system, and stimulates the healing of open skin lesions (such as bed sores, diabetic ulcers) etc. If magnetotherapy has so many fields of application in medicine, we may therefore ask why doubts, prejudice and limitations to its therapeutic use still exist. This brief historical excursion wants to give a small contribution to answer the question.     

吐曼河近5a水质变化浅析

通过单因子评价法对吐曼河水质现状及近期变化趋势进行了分析,揭示了近几年来吐曼河水质年内及年际变化的特点,以期对吐曼河水污染治理提供参考。     

What Climate Policy Can a Utilitarian Justify?

This essay sketches out what a utilitarian should support when considering global warming along with what measures can be recommended to political leaders for utilitarian reasons. If we estimate the utility of the great advantages that any ambitious climate policy might create in the name of poverty reduction in the present, I will show how a decision can be made in favor of a vigorous climate policy based on such estimates. My argument is independent of the truth of the claims of climate sceptics. Until now, the debate has neglected the double effects of a vigorous climate policy that not only avoids risks of damages but also creates utility. In conclusion, three strategies of a climate policy legitimized by utilitarianism will be introduced: (1) Utilitarianism favors global emissions trading in comparison with a global CO₂ tax. (2) Utilitarianism calls for this trade to be introduced while, at the same time, investments in renewable energies should be increased. (3) Furthermore, utilitarianism favors a policy that aims to slow down the rate of population growth.