Multi-stand Forest Management under a Climatic Risk: Do Time and Risk Preferences Matter?

We propose a stochastic dynamic programming framework to model the management of a multi-stand forest under climate risk (strong wind occurrence). The preferences of the forest-owner are specified by a non-expected utility in order to separately analyze intertemporal substitution and risk aversion effects. A numerical method is developed to characterize the optimal forest management policies and the optimal consumption-saving strategy. The stochastic dynamic programming framework is applied to a non-industrial private forest-owner located in North-East of France. We show that the optimal decisions both depend upon risk and time preferences. The authors would like to thank participants at the international conference on Economics of Sustainable Forest Management in Toronto, at the PARIS 1 seminar on Environmental and Natural Resource Economics, at the 2004 Applied Microeconomics Conference in Lille and at the 13th annual conference of the European Association of Environmental and Resource Economists at Budapest.     

Optimal Carbon Capture and Storage Policies

The IPCC recommends the use of carbon capture and sequestration (CCS) technologies in order to achieve the Kyoto environmental goals. This paper sheds light on this issue by assessing the optimal strategy regarding the long-term use of CCS technologies. The aim is to analyze the optimal CCS policy when the sequestration rate is endogenous, being therefore one specific tool of the environmental policy. We develop a simple growth model to identify the main driving forces that should determine the optimal CCS policy. We show that, under some conditions on the cost of extractions, CCS may be a long-term solution to curb carbon emissions. We also show that over time the social planner will choose to decrease the rate of capture and sequestration. We then derive the decentralized equilibrium outcome by considering the programs of the fossil resource-holder and of the representative consumer. Finally, we determine the optimal environmental policy, i.e. the carbon tax scheme, as well as the dynamics of the fossil fuel price needed to implement it.     

Vacuum pyrolysis process for remediation of hydrocarbon-contaminated soils

A vacuum pyrolysis process was used for the remediation of hydrocarbon–contaminated soils from “Les Vidangeurs de Montréal” site in Mascouche in the province of Québec, near Montréal. Ten samples were tested on a laboratory scale batch reactor, and one sample was tested on a prototype process development unit. The process is simple, efficient, reliable, and economically competitive with other existing technologies. The vacuum pyrolysis process efficiently treated soils contaminated with a variety of pollution levels and types, irrespective of the soil matrix, providing treated soils meeting the A criterion (noncontaminated, residential level) of the Ministry of Environment Québec (MENVIQ). The pyrolytic oil and the noncondensable pyrolytic gases can be used as makeup fuel in the process, because they have a high calorific value and their combustion should not pose any emission problems. The waterphase effluent must be treated before discharge.     

Major hazards—Thinking the unthinkable

It is a common experience that public administrations tend to shy away from the explicit acknowledgment of quantitative risk levels. Faced with extreme concentrations of population and of industrial activities, including LPG and liquid chlorine storage, within a very small land area, Hong Kong has faced up to the issue of major man-made hazards by “thinking the unthinkable” and adopting explicit risk guidelines. This article describes how these guidelines were developed and the arguments that led to their adoption. It is emphasized that the risk guidelines are not rigid standards but simply a method of focusing decision making and ensuring that any decision to contravene the guidelines is taken at an appropriately senior level in the administration. The way in which the guidelines have been incorporated intimately into the planning and decision-making process is described and details are given on how this has led to the implementation of a variety of measures that have greatly reduced both societal and individual risk from certain types of chemical storage and chemical processing installations in Hong Kong. The opinions in this paper represent the views of the authors and not necessarily those of the Hong Kong Government.     

Immobilization of iodide on copper(I) sulfide minerals

In the goal of finding efficient scavengers for radioiodide in conditions (pH, pE) close to those encountered in deep geological sites, sorption of iodide ions on cuprous sulfide minerals (especially roxbyite, Cu(1.75)S) has been studied. Surface analysis by X-ray photoelectron spectroscopy has shown that commercial cuprous sulfides are covered by an oxidized overlayer (mainly in the form of CuSO(4)). Therefore, a synthetic procedure to get roxbyite (typically by mixing Na(2)S with an aqueous suspension of commercial Cu(2)O) was applied to produce pure samples with clean surfaces. Batch equilibration of cuprous sulfide particles suspended in aqueous solutions containing iodide species has revealed significant consumption of iodide. The sorption mechanism involves the formation of a surface complex via the exchange of surface hydroxyl groups by iodide anions, as highlighted by a transient pH increase during the immobilization process. Other copper and mixed copper-iron sulfides (e.g. CuS, CuFeS(2)), which are stable over wide pH and potential ranges are also likely to accumulate iodide species. Because of the specific interaction between iodide and copper(I) centers on the minerals, high distribution coefficients (>1000 ml/g) were observed.     

The Role Played by Acetyl Group Distribution Patterns in Substituted Starch Toward Enzymatic De-acetylation and Chain Fragmentation

The nature and distribution of the acetylated groups were evaluated by ¹³C-NMR and ¹H-NMR. The starch substrate with a DS of 1.5 comprises only two patterns: -(14)-d-glucopyranose and 2,3,6-tri-O-acetyl--(14)-d-glucopyranose. The starch with a DS of 3.0 also comprises two patterns: 2,3,4,6-tetra-O-acetyl--(14)-d-glucopyranose and 2,3,6-tri-O-acetyl--(14)-d-glucopyranose; whereas starch (DS = 1.9) contains 4 patterns: 2,3,6-tri-O-acetyl--(14)-d-glucopyranose, 2,3,4,6-tetra-O-acetyl--(14)-d-glucopyranose terminal, 2,6-di-O-acetyl--(14)-d-glucopyranose, and 3,6-di-O-acetyl--(14)-d-glucopyranose. Using esterase from Viscozyme, it has been possible to hydrolyze up to 7% of the DS 3.0 starch. An -amylase (Fungamyl 800) was then added to these acetylesterases. With a 2.4 FAU/mL fraction of -amylase and 2.4 U/mL from the Viscozyme's acetylesterase, 28% of the acetylated end groups were hydrolyzed for the starch substrates with DS 3.0. Moreover, a synergic action between -amylase and acetylesterase was noticed, allowing fragmentation of 32% for DS 1.5, 30% for DS 1.9, and 11% for DS 3.0.     

Compostability of Poly(lactide): Degradation in an Inert Solid Medium

Commercial poly(lactide) degradation was studied in an inert solid medium simulating compost conditions, with the aim to achieve a complete carbon balance of the polymer degradation. The mineralisation rate at the end of the test was compared to those obtained for poly(lactide) degradation in compost. It was shown that the mineralisation rate after 45 days of degradation was quite lower in inert solid medium than in compost but the standard deviation of data was enhanced. A protocol for both extraction and quantification of the carbon included in the different degradation by-products was proposed and the carbon balance of the polymer degradation was followed during the test with a satisfactory accuracy. The non-degraded PLA material was recovered during the test, hence the evolution of the glass transition temperature and the molecular weight was followed. A two-step degradation mechanism was highlighted in inert solid medium, showing the fundamental role of abiotic reactions for PLA degradation in compost.