Summer School on Global Sustainability-Lectures: Difference between revisions
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These are the outlines for the scheduled lectures. | These are the outlines for the scheduled lectures. | ||
==Partha Dasgupta, University of Cambridge== | |||
'''''A Matter of Trust: Social Capital and Economic Development''''' | |||
<br> | |||
In recent years a great many scholars have argued that the formation of social capital is | |||
the engine of economic progress. Many others have noted, however, that the evidence is mixed. | |||
In this paper I argue that the deep requirement for economic progress is the development of trust | |||
among people. Defining social capital in lean terms, namely, as "interpersonal networks", I show | |||
that when suitably directed, social capital can build and sustain trust; but if it is misdirected or | |||
if it operates in the wrong sphere, it can hamper economic development and even cause | |||
economies to regress. I argue, moreover, that if the idea of social capital is to serve a useful | |||
purpose in economics, it should be interpreted as interpersonal networks whose members develop | |||
and maintain trust in one another to keep their promises by the device of "mutual enforcement" | |||
of agreements. But trust is the key to cooperation; "social capital" when suitably applied, is only | |||
a means to creating trust. I also show that a natural place to look for the worth of social capital | |||
in macroeconomic statistics in "total factor productivity" (TFP). But that implies that TFP is an | |||
amalgam of technology and institutions. The paper concludes (Appendix) by demonstrating how | |||
an increase in trust among people would result in an increase in total factor productivity, which | |||
is another way of saying that an increase in trust among people would lead to an increase in the | |||
economy's wealth. <br><br> | |||
'''''Trust and Cooperation among Economic Agents''''' | |||
<br> | |||
The units that are subject to selection pressure in evolutionary biology are "strategies", which are conditional actions ("Do P if Q occurs"). In contrast, the units in economics select strategies from available menus so as to further their projects and purposes. As economic agents don't live in isolation, each agent's optimum choice in general depends on the choices made by others. Because their projects and purposes involve the future, not just the present, each agent reasons about the likely present and future consequences of their respective choices. That is why beliefs, about what others may do and what the consequences of those choices could be, are at the basis of strategy selection. In this article I construct a catalogue of social environments in which agents not only promise one another cooperation, but rationally believe that the promises will be kept. Unfortunately, non-cooperation arising from mistrust can be the outcome in those same environments: societies harbour multiple "equilibria" and can skid from cooperation to non-cooperation. Moreover, a pre-occupation among analysts with the Prisoners’ Dilemma game has obscured the fact that cooperative arrangements can harbour not only inequality, but exploitation too. The analysis is used to discuss why international cooperation over the use of global public goods has proved to be so elusive. | |||
'''''The Place of Nature in Economic Development'''''<br> | |||
Are humanity's dealings with nature sustainable? Should one expect the global economic growth that has been experienced over the past five decades to continue in the foreseeable future? Should we be confident that knowledge and human skills will increase in such ways as to lessen our reliance on nature in relation to humanity's growing numbers and rising economic activity? | |||
Contemporary discussions on these questions are now several decades old. If they have remained alive and continue to be shrill, it is because two opposing empirical perspectives shape them. On the one hand, if we look at specific examples of natural capital (aquifers, ocean fisheries, tropical forests, the atmosphere as a carbon sink - or ecosystems, generally), there is convincing evidence that at the rates at which we currently exploit them they are very likely to change character dramatically for the worse, with little advance notice. | |||
This lecture will explore these ideas and many more in a comprehensive and detailed analysis of emerging and established economies, and externalized as well as internalized economic and policy issues. | |||
==Ottmar Edenhofer, Potsdam Institute for Climate Impact Research== | ==Ottmar Edenhofer, Potsdam Institute for Climate Impact Research== | ||
Line 17: | Line 49: | ||
<br> | <br> | ||
Regional mitigation costs – results from two recent model comparison exercises. International burden sharing: the role of the quota allocation rule and of tradable fossil fuel resources. The costs of delay and the gains of fast-movers. International climate policy: the Kyoto Protocol and the road to Copenhagen. The pillars of a global contract: carbon markets, technology, adaptation, reduced deforestation. | Regional mitigation costs – results from two recent model comparison exercises. International burden sharing: the role of the quota allocation rule and of tradable fossil fuel resources. The costs of delay and the gains of fast-movers. International climate policy: the Kyoto Protocol and the road to Copenhagen. The pillars of a global contract: carbon markets, technology, adaptation, reduced deforestation. | ||
==Matthew England, University of New South Wales== | ==Matthew England, University of New South Wales== | ||
Line 25: | Line 58: | ||
<br> | <br> | ||
'''''Climate Change - Models, Projections, Detection & Attribution''''' | '''''Climate Change - Models, Projections, Detection & Attribution''''' | ||
==Arnulf Grubler, International Institute for Applied Systems Analysis== | ==Arnulf Grubler, International Institute for Applied Systems Analysis== | ||
Line 33: | Line 68: | ||
<br> | <br> | ||
'''''Climate Change: Rates of Change and Constraints for Adaptation and Mitigation Measures''''' | '''''Climate Change: Rates of Change and Constraints for Adaptation and Mitigation Measures''''' | ||
==Chuck Kutscher, National Renewable Energy Laboratory== | ==Chuck Kutscher, National Renewable Energy Laboratory== | ||
Line 55: | Line 92: | ||
<br> | <br> | ||
The concept of sustainability is profoundly different depending on whether it is applied to a renewable or to a nonrenewable resource. We will discuss those differences. This session will identify, reflect on, and apply the lessons from the Fishbanks session. It will also provide information on oil depletion, as an important example of nonrenewable resource use. | The concept of sustainability is profoundly different depending on whether it is applied to a renewable or to a nonrenewable resource. We will discuss those differences. This session will identify, reflect on, and apply the lessons from the Fishbanks session. It will also provide information on oil depletion, as an important example of nonrenewable resource use. | ||
==Donald L. Paul, Executive Director, University of Southern California Energy Institute and William M. Keck Chair of Energy Resources== | ==Donald L. Paul, Executive Director, University of Southern California Energy Institute and William M. Keck Chair of Energy Resources== | ||
'''''Understanding The Global Energy System''''' | '''''Understanding The Global Energy System''''' | ||
Line 88: | Line 121: | ||
- Measures of sustainability and prospects for the future | - Measures of sustainability and prospects for the future | ||
Revision as of 17:08, 10 June 2009
Summer School on Global Sustainability |
These are the outlines for the scheduled lectures.
Partha Dasgupta, University of Cambridge
A Matter of Trust: Social Capital and Economic Development
In recent years a great many scholars have argued that the formation of social capital is
the engine of economic progress. Many others have noted, however, that the evidence is mixed.
In this paper I argue that the deep requirement for economic progress is the development of trust
among people. Defining social capital in lean terms, namely, as "interpersonal networks", I show
that when suitably directed, social capital can build and sustain trust; but if it is misdirected or
if it operates in the wrong sphere, it can hamper economic development and even cause
economies to regress. I argue, moreover, that if the idea of social capital is to serve a useful
purpose in economics, it should be interpreted as interpersonal networks whose members develop
and maintain trust in one another to keep their promises by the device of "mutual enforcement"
of agreements. But trust is the key to cooperation; "social capital" when suitably applied, is only
a means to creating trust. I also show that a natural place to look for the worth of social capital
in macroeconomic statistics in "total factor productivity" (TFP). But that implies that TFP is an
amalgam of technology and institutions. The paper concludes (Appendix) by demonstrating how
an increase in trust among people would result in an increase in total factor productivity, which
is another way of saying that an increase in trust among people would lead to an increase in the
economy's wealth.
Trust and Cooperation among Economic Agents
The units that are subject to selection pressure in evolutionary biology are "strategies", which are conditional actions ("Do P if Q occurs"). In contrast, the units in economics select strategies from available menus so as to further their projects and purposes. As economic agents don't live in isolation, each agent's optimum choice in general depends on the choices made by others. Because their projects and purposes involve the future, not just the present, each agent reasons about the likely present and future consequences of their respective choices. That is why beliefs, about what others may do and what the consequences of those choices could be, are at the basis of strategy selection. In this article I construct a catalogue of social environments in which agents not only promise one another cooperation, but rationally believe that the promises will be kept. Unfortunately, non-cooperation arising from mistrust can be the outcome in those same environments: societies harbour multiple "equilibria" and can skid from cooperation to non-cooperation. Moreover, a pre-occupation among analysts with the Prisoners’ Dilemma game has obscured the fact that cooperative arrangements can harbour not only inequality, but exploitation too. The analysis is used to discuss why international cooperation over the use of global public goods has proved to be so elusive.
The Place of Nature in Economic Development
Are humanity's dealings with nature sustainable? Should one expect the global economic growth that has been experienced over the past five decades to continue in the foreseeable future? Should we be confident that knowledge and human skills will increase in such ways as to lessen our reliance on nature in relation to humanity's growing numbers and rising economic activity?
Contemporary discussions on these questions are now several decades old. If they have remained alive and continue to be shrill, it is because two opposing empirical perspectives shape them. On the one hand, if we look at specific examples of natural capital (aquifers, ocean fisheries, tropical forests, the atmosphere as a carbon sink - or ecosystems, generally), there is convincing evidence that at the rates at which we currently exploit them they are very likely to change character dramatically for the worse, with little advance notice.
This lecture will explore these ideas and many more in a comprehensive and detailed analysis of emerging and established economies, and externalized as well as internalized economic and policy issues.
Ottmar Edenhofer, Potsdam Institute for Climate Impact Research
Can dangerous Climate Change be avoided? Causes and Impacts of Climate Change
Why the climate is changing: the mechanics of global warming. Evidence from the past and recent projections: temperature, sea level rise, precipitation. Tipping points. Impacts for developed and developing countries. The link between energy and food prices.
The Economics of Atmospheric Stabilization
Greenhouse gas emissions: where are we currently, we are we heading, where should we be heading to avoid dangerous climate change? Fossil fuel resources, reserves, and the coal renaissance. The scale of the challenge: emission trajectories to avoid dangerous climate change, maybe. Energy system modeling: finding the right wedges. The role of biomass. Hybrid modeling. Mitigation costs: model comparison IMCP shows it does not cost the world to save the planet.
Towards a Global Contract on Climate Change
Regional mitigation costs – results from two recent model comparison exercises. International burden sharing: the role of the quota allocation rule and of tradable fossil fuel resources. The costs of delay and the gains of fast-movers. International climate policy: the Kyoto Protocol and the road to Copenhagen. The pillars of a global contract: carbon markets, technology, adaptation, reduced deforestation.
Matthew England, University of New South Wales
Climate Change - Overview, History, GHG's, Radiative Forcing
Climate Change - Observations (Atmosphere, Cryosphere, Oceans) and Paleoclimate
Climate Change - Models, Projections, Detection & Attribution
Arnulf Grubler, International Institute for Applied Systems Analysis
Climate Change and Urbanization
Climate Change and Industrial Production
Climate Change: Rates of Change and Constraints for Adaptation and Mitigation Measures
Chuck Kutscher, National Renewable Energy Laboratory
The Urgency of Climate Change and How to Address It With Renewable Energy and Energy Efficiency (the American Solar Energy Society study).
Concentrating Solar Power (CSP)
Dennis Meadows, University of New Hampshire
Obstacles to Effective Climate Policy
Although most national leaders profess a concern about climate change and a desire to reduce greenhouse gas emissions, CO2 concentrations in the atmosphere keep going up. And they are going up in almost every nation, irrespective of whether it signed the Kyoto Accord. To explain this unfortunate fact, this session will describe four common misconceptions about climate change dynamics that are preventing effective response to the threats of climate change.
Fishbanks: A Strategic Game about Renewable Resource Use
In this session participants will work in small teams to manage fishing companies that decide on ways to deploy and build up their assets. The challenge is to develop strategies that sustain the resource while maximizing profits of the individual firms.
The Structural Foundations of Sustainable Resource Use
The concept of sustainability is profoundly different depending on whether it is applied to a renewable or to a nonrenewable resource. We will discuss those differences. This session will identify, reflect on, and apply the lessons from the Fishbanks session. It will also provide information on oil depletion, as an important example of nonrenewable resource use.
Donald L. Paul, Executive Director, University of Southern California Energy Institute and William M. Keck Chair of Energy Resources
Understanding The Global Energy System
The presentation will build a deeper understanding of the nature and dynamics of the global energy system and what factors will affect the future evolution of one of the world’s largest systems. Topics will include:
- Scale and complexity
- “History and the future always co-exist”
- The interaction of demand, supply, technology, and geo-politics
- Energy scenarios – differing world views
Energy Technology And The Implications For Sustainability
Technology development has always been integral to the evolution of energy supply and use, from the discovery and development at scale of new sources to the creation of major use infrastructures such as automotive transport. The presentation will build a deeper understanding of the drives and systems that enable energy technology development, the factors that affect the implementation at scale, and the implications for system sustainability. Topics will include:
- The energy technology “eco-system”
- Commercialization and implementation at scale
- Diversifying marketplaces: fuel and transport as a case study
- Measures of sustainability and prospects for the future
Joellen Russell, University of Arizona, Biogeochemical Dynamics
Southwest Climate, the Westerly Winds and Climate Model Projections
Climate projections for the Southwest are essential for residents, politicians, engineers, and planners. Will we get more winter rain or less? Will our monsoon get stronger or weaker? How hot will it get? The latest round of coupled climate model projections prepared for the Intergovernmental Panel on Climate Change (IPCC) are widely varying, but some general conclusions can be drawn. In particular, as the westerly winds move poleward, they are moving away the winter storms that are a critical source of water to the Southwest, so improving the global climate models’ ability to simulate the westerly jet has become critical to the discovery of the links between global climate change and Southwest impacts. We will discuss the integration of global and regional models of Southwest climate.
The Once and Future Battles of Thor and the Midgard Serpent, or: The Westerlies and the Antarctic Circumpolar Current in Global Climate
Dominated by the Antarctic Circumpolar Current (ACC), the vast Southern Ocean can influence large-scale surface climate features on various time scales. Its climatic relevance stems in part from it being the region where most of the transformation of the World Ocean’s water masses occurs. In climate change experiments that simulate greenhouse gas–induced warming and ozone depletion, the response of the Southern Ocean circulation patterns to the change in the Westerlies make it a region where much of the future oceanic heat storage takes place, though the magnitude of that heat storage is one of the larger sources of uncertainty associated with the transient climate response in such model projections. These links are explored here in a climate model context by analyzing a suite of experiments produced in support of the Intergovernmental Panel on Climate Change’s Fourth Assessment Report. The influence of the predicted change in Southern Ocean circulation over the rate of global atmospheric warming will be examined, as well as potential impacts on polar and global marine ecosystems.