Environmental Capital,Negative Externality and Carbon Finance Innovation

Abstract

In the context of global climate change, the internalization of negative externality, which is brought about by the traditional mode of economic growth, has become an inevitable choice. In order to achieve the internalization, it is necessary to make innovations on the market mechanism and system, find the value of environmental capital, establish a new mode of economic growth based on environmental capital, and then transform the environmental capital, an exogenous factor of economic growth, into an endogenous factor. Of this, the key of market mechanism and system innovation is the financial innovation that is based on environmental capital and negative externality; the government defines the initial property right of environmental resources and establishes environment energy trading market, so as to guide enterprises to trade environmental resources (represented by carbon emission permit trading) based on the Clean Development Mechanism, and to vigorously develop environmental finance and carbon finance.     

Place attachment and public acceptance of renewable energy: A tidal energy case study

Efforts by many governments to mitigate climate change by increasing deployment of renewable energy technologies have raised the importance of issues of public acceptance. The ‘NIMBY’ (Not In My Backyard) concept, although popular, has been critiqued as an appropriate and valid way to explain local opposition. This study applies an alternative approach, empirically investigating the role of place attachment and place-related symbolic meanings in explaining public responses to a tidal energy converter in Northern Ireland, said to be the first grid-connected device of its kind in the world. 271 residents in two nearby villages completed questionnaire surveys, three months post-installation, following up preliminary qualitative research using focus groups. Although results indicated predominantly positive and supportive responses to the project, manifest by emotional responses and levels of acceptance, significant differences between residents in each village were also observed. Contrasting patterns of association between place attachment and emotional responses suggest that the project enhanced rather than disrupted place attachments only in one of the two villages. In regression analyses, place attachment emerged as a significant, positive predictor of project acceptance in both places, affirming its value in explaining public response. Place-related symbolic meanings also emerged as significant, with contrasting sets of meanings proving significant in each context. Implications of the findings for research on place attachment and responses to land-use changes, as well as for developers seeking to engage with residents affected by energy projects are discussed.     

当前中国环境保护公众参与存在问题与对策研究

环境问题是个全球性问题,当前我国环境污染形势十分严峻,环境污染关系到每位公众的健康,解决环境污染离不开公众参与。通过对我国当前环境保护公众参与发展情况进行分析,既看到我国环境保护公众参与进步的一面,也看到由于我国特殊的国情,公众参与存在的不足一面,从中找出影响我国公众参与发展的主要因素,提出了解决我国环境保护公众参与滞后的措施,为我国环境保护公众参与的纵深发展提供参考。     

Acciphilia on the road: An analysis of severe collisions

Introduction

Although prior studies of road traffic accidents have found between-group differences in risk, little attention has been given to the encounter between drivers involved in severe collisions.

Method

The present study empirically evaluates two different possible causes of "social accidents," which are defined as collisions between two or more drivers where some faulty social interaction might be assumed, and which are the most prevalent cause of road injuries. The analyses use merged Israeli collision records from 1983 to 2004 with data from two national censuses, thus providing an unprecedented empirical basis to study the social foundations of car accidents. The data are used to adjudicate between two alternative hypotheses: the heterogeneity hypothesis (socially different drivers tend to collide) versus the homogeneity hypothesis (socially similar drivers tend to collide).

Results

Multivariate analyses provide preliminary support for the latter hypothesis. Given an accident, there are more collisions among drivers from the same broad educational group, and the factors that influence this correlation are independent of geography. The paper thus leads to the idea that severe collisions reflect a sociological or ecological process that is akin to acciphilia.

Impact on Industry

The preliminary findings suggest that variation between drivers may be preferable to similarity, since apparently there is a greater tendency toward collisions between similar drivers.     

中国城市绿色金融及其影响因素——以绿色债券为例

绿色金融是金融创新的重点,旨在调控资本供给,实现环境向好发展。以绿色债券为例,基于2016—2019年中国142个地级以上城市,使用面板数据模型和空间杜宾模型探讨政策激励、金融基础、环境污染对绿色金融的影响。结果显示：（1）中西部地区引入绿色金融的城市数目较多,东部地区是绿色金融规模增长的承载区域。（2）政策激励和金融基础显著提升绿色金融规模,而环境污染起到抑制作用。（3）不同区域的政策措施都能与金融基础协同,促成绿色金融发展。仅在东部地区,政策激励能够缓和环境污染的负面影响。研究表明,绿色金融的发展模式存在区域差异,东部地区是在政策激励和金融基础推动下的顺势转型,中西部地区则需应对环境污染造成的阻力。     

环境影响评价中公众参与的机制与有效性

公众参与是环境影响评价中的重要内容。从公众参与的定义、目标和作用入手，就环境影响评价中公众参与的作用机制及其有效性进行探讨，认为：广泛的公众代表性、有效的公众参与形式以及公众意见的如实反映和客观分析，都是增进环境影响评价中公众参与的机制有效性的重要因素。     

对开发建设项目环境影响评价中公众参与内容的探讨

环境影响评价中公众参与的内容应与建设项目的生产性质、污染状况相适应。不同类型的开发建设项目开展的公众参与内容是不同的。对项目公众参与的组织形式及内容进行了探讨，便于指导建设项目的环境影响评价工作。     

Assessing Public Participation Techniques for Comfort, Convenience, Satisfaction, and Deliberation

Public participatory techniques have been the focus of a large and growing body of environmental literature. There is some consensus among those who study these techniques that there is a need to develop and implement new techniques that meet certain criteria. These include that the techniques be comfortable, convenient, and satisfying to participants. Authors have also frequently called for the use of deliberative techniques, which allow participants to express and listen to a variety of perspectives regarding the issue at hand. However, the literature on public participation lacks a set of widely applicable evaluation methods to determine whether participants in techniques find them comfortable, convenient, satisfying, or deliberative. This paper reports on the implementation of two different techniques that participants scored fairly high on all of these factors, as well as the scale-based survey questions developed to measure these factors.     

Building partnerships — the Ohio Materials Exchange

This paper discusses a method by which individuals working in government, private business, not-for-profit and educational organizations developed a collaborative statewide program involving the exchange of materials from manufacturers, commercial business and not-for-profit organizations in Ohio.     

The Influence of Proximity to a National Forest on Emotions and Fire-Management Decisions

Because American national forests are managed for all citizens, it is important that researchers explore the differences and similarities between citizens living both near and far from publicly managed land. We surveyed residents living at various distances from nationally managed land to collect resident perceptions of different forest fire-management techniques, to determine public preferences for these techniques, and to examine the motivations behind these preferences. Participants both close to and far away from national forests tended to favor a multipronged approach to fire management by preferring the use of a combination of two or more fire-management techniques. There were no significant differences by proximity in participants’ self-rated emotions, types of fire-management techniques preferred, or the reasons and rationales for their preferred fire-management technique(s), indicating that the proximity variable may not be as significant as previously thought.