michael norton economics

The Economic Accessibility of CO2 Sequestration through Bioenergy with Carbon Capture and Storage (BECCS) in the US. and you may need to create a new Wiley Online Library account.

At TEDxCambridge, Michael Norton shares fascinating research on how money can indeed buy happiness -- when you don't spend it on yourself. This has been pointed out repeatedly (e.g. Applying stricter governance to limit feedstocks to those with short payback periods may thus have substantial implications for the industry and limit its scale, presenting governments and regulators with a major challenge.

Use the link below to share a full-text version of this article with your friends and colleagues. Wandering Minds: The Default Network and Stimulus-Independent Thought, Despite evidence pointing to a ubiquitous tendency of human minds to wander, little is known about the neural operations that support this core component of human cognition. Renewable energy subsidies are considerable; a single UK power station (Drax) received £789 million in 2018 (https://www.drax.com/investors/—accessed May 10, 2019), while the Netherlands recently confirmed €3.6 billion over 8 years to subsidise biomass added to large energy/coal plants (https://www.rvo.nl/subsidies-regelingen/stimulering-duurzame-energieproductie/feiten-en-cijfers/volg-sde—accessed May 10, 2019). However, in this overview, we concentrate on the central question of whether industrial use of forest biomass has a positive or negative impact on climate change mitigation and whether this is adequately recognized in renewable energy policy.

Here, global generating capacity has risen from 52,146 MW in 2009 to 95,687 MW in 2018, with the most rapid increases occurring (over the same period) in the EU (from 15,912 to 24,081 MW) and Asia (from 14,140 to 34,845 MW). Renewable and Sustainable Energy Reviews. Forestry and its products will continue to have a critical role to play in mitigating climate change, but from a climate change perspective, the optimum use of forests remains to maximize use in construction (lumber and panels), furnishings and other products which capture carbon for long periods (Chen, Ter‐Mikaelian, Yang, & Colombo, 2018).

Source Normalized Impact per Paper (SNIP). Check the status of your submitted manuscript in EES: Editorial Board, Journal of Behavioral and Experimental Economics, Harvard Business School, Boston, Massachusetts, United States, Journal of Behavioral and Experimental Economics, Download the ‘Understanding the Publishing Process’ PDF, Check the status of your submitted manuscript in the. Indeed, some EU member states have already recognized that biomass electricity has a much higher carbon footprint as a ‘renewable’ energy than solar and wind, and have set much more stringent standards for future renewable energy subsidies (e.g. We consider how current policy might be reformed to reduce negative impacts on climate and argue for a more realistic science‐based assessment of the potential of forest bioenergy in substituting for fossil fuels. Enter your email address below and we will send you your username, If the address matches an existing account you will receive an email with instructions to retrieve your username, The EASAC applies the scientific expertise in Europe's 27 science academies to analysing topical issues where science interacts with European policy (, I have read and accept the Wiley Online Library Terms and Conditions of Use, Letter from scientists to the EU parliament regarding forest biomass, Forest biomass, carbon neutrality and climate change, Not carbon neutral: Assessing the net emissions impact of residues burned for bioenergy, Quantifying the climate change effects of bioenergy systems: Comparison of 15 impact assessment methods, Carbon emission estimates for Drax biomass powerplants in the UK sourcing from Enviva Pellet Mills in U.S. Southeastern Hardwoods using the BEAC model, Assessing the greenhouse gas effects of harvested wood products manufactured from managed forests in Canada, Economic approach to assess the forest carbon implications of biomass energy, Multifunctionality and sustainability in the European Union's forests, Commentary on forest bioenergy and carbon neutrality, Forest bioenergy, carbon capture and storage, and carbon dioxide removal: An update, Circular Economy package (COM (2014) 398), The carbon footprint of electricity from biomass: A review of the current state of science and policy, Food and agriculture organization global forest resource assessment, Land use and electricity generation: A life‐cycle analysis, Spatially‐explicit life cycle assessment of sun‐to‐wheels transportation pathways in the U.S, Meeting US biofuel goals with less land: The potential of Miscanthus, Harvesting in boreal forests and the biofuel carbon debt, The outcome is in the assumptions: Analyzing the effects on atmospheric CO, Global wood pellet industry and trade study 2017, Biodiversity impacts of bioenergy crop production: A state‐of‐the‐art review, 2006 IPCC guidelines for national greenhouse gas inventories, Biofuel and wood as an energy source – Effect on greenhouse gas emissions, Quantifying the climate effects of bioenergy – Choice of the reference system, Range and uncertainties in estimating delays in greenhouse gas mitigation potential of forest bioenergy sourced from Canadian forests, Sustainable bioenergy production with little carbon debt in the Loess Plateau of China, Carbon payback period for solar and wind energy project installed in India: A critical review, Forest bioenergy or forest carbon?

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