Transaction costs for carbon sequestration projects in the tropical forest sector

There is general consensus that carbon (C) sequestration projects in forests are a relatively low cost option for mitigating climate change, but most studies on the subject have assumed that transaction costs are negligible. The objectives of the study were to examine transaction costs for forest C sequestration projects and to determine the significance of the costs based on economic analyses. Here we examine four case studies of active C sequestration projects being implemented in tropical countries and developed for the C market. The results from the case studies were then used with a dynamic forest and land use economic model to investigate how transaction costs affect the efficiency and cost of forest C projects globally. In the case studies transaction costs ranged from 0.38 to 27 million US dollars ($0.09 to $7.71/t CO₂) or 0.3 to 270 % of anticipated income depending principally on the price of C and project size. The three largest cost categories were insurance (under the voluntary market; 41–89 % of total costs), monitoring (3–42 %) and regulatory approval (8–50 %). The global analysis indicated that most existing estimates of marginal costs of C sequestration are underestimated by up to 30 % because transaction costs were not included.     

The predictability of evolution: glimpses into a post-Darwinian world

The very success of the Darwinian explanation, in not only demonstrating evolution from multiple lines of evidence but also in providing some plausible explanations, paradoxically seems to have served to have stifled explorations into other areas of investigation. The fact of evolution is now almost universally yoked to the assumption that its outcomes are random, trends are little more than drunkard’s walks, and most evolutionary products are masterpieces of improvisation and far from perfect. But is this correct? Let us consider some alternatives. Is there evidence that evolution could in anyway be predictable? Can we identify alternative forms of biological organizations and if so how viable are they? Why are some molecules so extraordinarily versatile, while others can be spoken of as “molecules of choice”? How fortuitous are the major transitions in the history of life? What implications might this have for the Tree of Life? To what extent is evolutionary diversification constrained or facilitated by prior states? Are evolutionary outcomes merely sufficient or alternatively are they highly efficient, even superb? Here I argue that in sharp contradistinction to an orthodox Darwinian view, not only is evolution much more predictable than generally assumed but also investigation of its organizational substrates, including those of sensory systems, which indicates that it is possible to identify a predictability to the process and outcomes of evolution. If correct, the implications may be of some significance, not least in separating the unexceptional Darwinian mechanisms from underlying organizational principles, which may indicate evolutionary inevitabilities.     

Spatial and Temporal Changes of Suspended Matter in Relation to Wind and Vegetation Cover in A Mediterranean Shallow Coastal Environment

Seasonal and spatial changes in seston, (POC), particulate organic carbon, (PON) particulate organic nitrogen and chlorophyll-a concentrations were studied on a monthly basis in a Mediterranean shallow coastal area (Stagnone di Marsala, Western Sicily) in order to gather information on factors controlling particulate organic matter distribution and composition. Seston concentration and composition were connected to the main physicochemical and biological driving factors, such as temperature, salinity, dissolved oxygen, wind-speed and biomass of submerged vegetation. the Stagnone di Marsala is characterized by high temperatures with strong seasonality (range: 11-28°C), while values ranged from 33 to 45 salinity. Total suspended organic matter concentrations (by ignition loss) ranged from 2 mg l^-1 (in summer) to 12mgl^-1 (in winter) and chlorophyll-a concentrations from 0.02 to 2 μgl^-1. Despite a low POC/PON ratios (ranging from 5 to 11), the ratio of POC to chlorophyll (CHL-a) displayed very high values (annual average of 647). the data reported in this study, highlighting the oligotrophy of the Stagnone di Marsala area, indicate that the trophic state of the basin was controlled by different degrees of wind exposure (mean monthly wind velocity at exposed sites ranged between 4.2 and 6.7 m s^-1) and by gradients in vegetation cover. These two factors induced clear changes in the concentration and composition of the suspended particles, but played a different role in exposed and sheltered areas. Exposed areas with limited vegetation were characterized by large resuspension processes and wide temperature and salinity fluctuations caused by wind induced turbulence. in these areas, autotrophic biomass (as chlorophyll-a), due to phytoplankton and/or re-suspended microphytobenthos, appeared to play an important