scholarly journals The Impact of Socio-Economic Inertia and Restrictions on Net-Negative Emissions on Cost-Effective Carbon Price Pathways

2021 ◽  
Vol 3 ◽  
Author(s):  
Andries F. Hof ◽  
Kaj-Ivar van der Wijst ◽  
Detlef P. van Vuuren
Keyword(s):  
Cost Effective ◽  
Carbon Price ◽  
Learning By Doing ◽  
Optimal Price ◽  
Initial Carbon ◽  
Negative Emissions ◽  
The Interest Rate ◽  
The Impact ◽  
Carbon Prices

Many countries have indicated to plan or consider the use of carbon pricing. Model-based scenarios are used to inform policymakers about emissions pathways and cost-effective carbon prices. Many of these scenarios are based on the Hotelling rule, assuming that a carbon price path increasing with the interest rate leads to a cost-effective strategy. We test the robustness of this rule by using experiments with plausible assumptions for learning by doing, inertia in reducing emissions, and restrictions on net-negative emissions. Analytically, we show that if mitigation technologies become cheaper if their capacities are increased, Hotelling does not always apply anymore. Moreover, the initial carbon price is heavily influenced by restrictions on net-negative emissions and the pathway by both restrictions on net-negative emissions and socio-economic inertia. This means that Hotelling pathways are not necessarily optimal: in fact, combining learning by doing and the above restrictions leads to initial carbon prices that are more than twice as high as a Hotelling pathway and thus to much earlier emission reductions. The optimal price path also increases less strongly and may even decline later in the century, leading to higher initial abatement costs but much lower long-term costs.

scholarly journals Anti-meningococcal B vaccination in Italian adolescents: a cost-effective health opportunity

2020 ◽  
Vol 30 (Supplement_5) ◽  
Author(s):  
D Panatto ◽  
P Landa ◽  
D Amicizia ◽  
P L Lai ◽  
E Lecini ◽  
...  
Keyword(s):  
Large Scale ◽  
Public Health Problem ◽  
Vaccination Strategy ◽  
Cost Effective ◽  
Dose Schedule ◽  
Developed Countries ◽  
Invasive Disease ◽  
International Setting ◽  
The Impact

Abstract Background Invasive disease due to Neisseria meningitidis (Nm) is a serious public health problem even in developed countries, owing to its high lethality rate (8-15%) and the invalidating sequelae suffered by many (up to 60%) survivors. As the microorganism is transmitted via the airborne route, the only available weapon in the fight against Nm invasive disease is vaccination. Our aim was to carry out an HTA to evaluate the costs and benefits of anti-meningococcal B (MenB) vaccination with Trumenba® in adolescents in Italy, while also considering the impact of this new vaccination strategy on organizational and ethics aspects. Methods A lifetime Markov model was developed. MenB vaccination with the two-dose schedule of Trumenba® in adolescents was compared with 'non-vaccination'. Two perspectives were considered: the National Health Service (NHS) and society. Three disease phases were defined: acute, post-acute and long-term. Epidemiological, economic and health utilities data were taken from Italian and international literature. The analysis was conducted by means of Microsoft Excel 2010®. Results Our study indicated that vaccinating adolescents (11th year of life) with Trumenba® was cost-effective with an ICER = € 7,912/QALY from the NHS perspective and € 7,758/QALY from the perspective of society. Vaccinating adolescents reduces the number of cases of disease due to meningococcus B in one of the periods of highest incidence of the disease, resulting in significant economic and health savings. Conclusions This is the first study to evaluate the overall impact of free MenB vaccination in adolescents both in Italy and in the international setting. Although cases of invasive disease due to meningococcus B are few, if the overall impact of the disease is adequately considered, it becomes clear that including anti-meningococcal B vaccination into the immunization program for adolescents is strongly recommended from the health and economic standpoints. Key messages Free, large-scale MenB vaccination is key to strengthening the global fight against invasive meningococcal disease. Anti-meningococcal B vaccination in adolescents is a cost-effective health opportunity.

Farmer Participatory Crop Improvement. I. Varietal Selection and Breeding Methods and Their Impact on Biodiversity

1996 ◽  
Vol 32 (4) ◽  
pp. 445-460 ◽  
Author(s):  
J. R. Witcombe ◽  
A. Joshi ◽  
K. D. Joshi ◽  
B. R. Sthapit
Keyword(s):  
Plant Breeding ◽  
Crop Improvement ◽  
Cost Effective ◽  
Participatory Plant Breeding ◽  
Participatory Varietal Selection ◽  
Farmer Participatory Research ◽  
Long Term Effect ◽  
Impact On Biodiversity ◽  
The Impact

SUMMARYFarmer participatory approaches for the identification or breeding of improved crop cultivars can be usefully categorized into participatory varietal selection (PVS) and participatory plant breeding (PPB). Various PVS and PPB methods are reviewed. PVS is a more rapid and cost-effective way of identifying farmer-preferred cultivars if a suitable choice of cultivars exists. If this is impossible, then the more resource-consuming PPB is required. PPB can use, as parents, cultivars that were identified in successful PVS programmes. Compared with conventional plant breeding, PPB is more likely to produce farmer-acceptable products, particularly for marginal environments. The impact of farmer participatory research on biodiversity is considered. The long-term effect of PVS is to increase biodiversity, but where indigenous variability is high it can also reduce it. PPB has a greater effect on increasing biodiversity although its impact may be limited to smaller areas. PPB can be a dynamic form of in situ genetic conservation.

scholarly journals The Impact of the Introduction of Innovative REDS Scale for the Evaluation of Central Tunnelled Catheter (CTC) Exit Site on Infection Prevention in Long-Term Haemodialyzed Patients

2021 ◽  
Vol 8 ◽  
Author(s):  
Tomasz Porazko ◽  
Edyta Stasiak ◽  
Marian Klinger
Keyword(s):  
Blood Stream Infection ◽  
Bloodstream Infections ◽  
Cost Effective ◽  
Blood Stream ◽  
Site Infection ◽  
Exit Site ◽  
Exit Site Infection ◽  
The Impact

Central tunneled catheter (CTC)-related infections are a leading cause of a catheter loss, thus being the source of significant morbidity and mortality. The study aims at evaluating the impact of the implementation of the innovative redness, edema, discharge and tenderness, symptoms (REDS) scale (devised by the authors) for the description of the tunnel condition on the frequency of infection in long-term catheter users. The same cohort of the 40 patients was observed for 4 years altogether: 2 years before and 2 years after REDS application. The results, as well as follow-up evaluation of participants, were compared. The 2-year cumulative incidence of the CTC exit site infection (ESI) dropped significantly (log-rank p < 0.001) from 0.89 episode/1,000 catheter days (53.5%, 95% CI [35.9%; 66.2%]) in the period before REDS was used—to 0.26 episode/1,000 catheter days (18.6%, 95% CI [6.1%; 29.4%]) in the time of REDS application. There were also significantly fewer episodes of ESI complicated with catheter-related blood stream infection (CRBSI) requiring the CTC removal (0.6 episode/1,000 catheter days; 18.6%, 95% CI [6.1%; 29.4%] vs. 0.3 episode/1,000 catheter days; 4.7%, 95% CI [0.0; 10.7%]; log-rank p = 0.04, in pre-REDS and REDS time, respectively). The REDS scale appears to be a simple, cost-effective tool reducing the frequency of the tunneled CTC exit site infection and associated bloodstream infections.

scholarly journals Regulação ineficaz para forçar alongamento: O caso da Previdência Complementar Aberta no Brasil

2019 ◽  
Vol 17 (4) ◽  
pp. 33
Author(s):  
Luiz Guilherme Carpizo ◽  
Márcio Gomes Pinto Garcia
Keyword(s):  
Interest Rate ◽  
Portfolio Management ◽  
Risk Taking ◽  
Causal Effect ◽  
Portfolio Allocation ◽  
Short Term ◽  
Additional Risk ◽  
The Interest Rate ◽  
The Impact

<p>Despite the fall in the interest rate observed in Brazil in recent decades, and specific regulations on the private pension segment that encourage long-term risk taking, institutions in this segment appear to be considerably sensitive to short-term factors, while avoiding exposure to long-term risk factors. With portfolio allocation data from large entities, we implemented a VAR model to evaluate the impact of interest rate changes on portfolio management decisions and performed a counterfactual analysis to define the causal effect of regulation on additional risk taking. Results indicate that interest rate increases lead to significant and persistent reduction of investment in riskier assets with longer maturities, while the implemented regulation was not able to force greater risk-taking by institutions, in addition to generating distortions in segments of the Brazilian financial market.</p>

scholarly journals The scope and impact of thyroid disease

1996 ◽  
Vol 42 (1) ◽  
pp. 121-124 ◽  
Author(s):  
L Wartofsky
Keyword(s):  
Thyroid Disease ◽  
Cost Effective ◽  
Primary Care Providers ◽  
Thyroid Disorders ◽  
Care Providers ◽  
The Us ◽  
Long Term Follow Up ◽  
Diagnostic Approaches ◽  
The Impact

Abstract Aspects of the incidence and demographics of common thyroid disorders in the US (and elsewhere, to a lesser extent) are reviewed. The impact of healthcare reform and the efforts of managed care organizations to impose cost-effective management for the diagnosis and treatment of thyroid disorders are bringing unusual pressures to bear on both clinical laboratories and practicing endocrinologists. I discuss the potential dangers of utilization of suboptimally focused diagnostic approaches and of the inefficiencies in clinical management by primary-care providers, who often lack sufficient expertise, as opposed to endocrinologists. More than dollars are at stake, and the suboptimal management of common thyroid disorders presents several significant risks. Finally, I propose a general blueprint for the ongoing development of a structure for continuing quality improvement of the laboratory and clinical diagnosis, treatment, and long-term follow-up of patients with thyroid disease.

scholarly journals The Long-Term Trend Analysis and Scenario Simulation of the Carbon Price Based on the Energy-Economic Regulation

2020 ◽  
Vol 12 (5) ◽  
pp. 653-668
Author(s):  
Zhao-Peng Li ◽  
Li Yang ◽  
Si-Rui Li ◽  
Xiaoling Yuan
Keyword(s):  
Economic Development ◽  
Energy Consumption ◽  
Clean Energy ◽  
Carbon Price ◽  
Energy Development ◽  
Carbon Market ◽  
Content Type ◽  
Price Trends ◽  
The Impact

Purpose China’s national carbon market will be officially launched in 2020, when it will become the world’s largest carbon market. However, China’s carbon market is faced with various major challenges. One of the most important challenges is its impact on the social and economic development of arid and semi-arid regions. By simulating the carbon price trends under different economic development and energy consumption levels, this study aims to help the government can plan ahead to formulate various countermeasures to promote the integration of arid and semi-arid regions into the national carbon market. Design/methodology/approach To achieve this goal, this paper builds a back propagation neural network model, takes the third phase of the European Union Emissions Trading System (EU ETS) as the research object and uses the mean impact value method to screen out the important driving variables of European Union Allowance (EUA) price, including economic development (Stoxx600, Stoxx50, FTSE, CAC40 and DAX), black energy (coal and Brent), clean energy (gas, PV Crystalox Solar and Nordex) and carbon price alternatives Certification Emission Reduction (CER). Finally, this paper sets up six scenarios by combining the above variables to simulate the impact of different economic development and energy consumption levels on carbon price trends. Findings Under the control of the unchanged CER price level, economic development, black energy and clean energy development will all have a certain impact on the EUA price trends. When economic development, black energy consumption and clean energy development are on the rise, the EUA price level will increase. When the three types of variables show a downward trend, except for the sluggish development of clean energy, which will cause the EUA price to rise sharply, the EUA price trend will also decline accordingly in the remaining scenarios. Originality/value On the one hand, this paper incorporates driving factors of carbon price into the construction of carbon price prediction system, which not only has higher prediction accuracy but also can simulate the long-term price trend. On the other hand, this paper uses scenario simulation to show the size, direction and duration of the impact of economic development, black energy consumption and clean energy development on carbon prices in a more intuitive way.

Breeding for reduced methane emissions in extensive UK sheep systems

2012 ◽  
Vol 150 (5) ◽  
pp. 570-583 ◽  
Author(s):  
D. J. COTTLE ◽  
J. CONINGTON
Keyword(s):  
Production Systems ◽  
Selection Index ◽  
Farming Systems ◽  
Cost Effective ◽  
Carbon Price ◽  
Methane Emissions ◽  
Direct Selection ◽  
Production Traits ◽  
The Uk ◽  
Carbon Prices

SUMMARYSelection index theory was used to model the effects of methane (CH4) production in the breeding objective on genetic responses in Scottish Blackface sheep in hill production systems in the UK. A range of economic values (EVs) were assumed for CH4 production calculated from possible carbon prices (£/t CO2 equivalent (CO2-e)). The implicit price of carbon required for maintenance of CH4 levels or to reduce CH4 production by 0·1 kg/head/yr in a hill flock was calculated. The predicted genetic changes in CH4 production from current selection programmes that have an implicit methane EV of zero were calculated. Correlations between production traits and CH4 production were sampled from assumed normal distributions, as these correlations are currently unknown. Methane emissions are likely to increase at a rate of c. 3 kg CO2-e/ewe/yr as a result of using current industry selection indices in hill sheep farming systems in the UK. Breeding objectives for more productive hill sheep include reducing lamb losses and rearing more, heavier lambs. By placing a cost on carbon emissions to halt the genetic increase in methane, heavy penalties will be incurred by farmers in terms of reduced productivity. This amounts to £6/ewe/yr or a 5% discounted loss of £2851 per 100 ewe flock over a 10-year selection horizon. If the correlations between production traits and CH4 are positive (as expected) then an implicit carbon price of c. £272/t CO2-e is required for no genetic increase in CH4 production if methane is not measured and c. £50/t CO2-e if methane could be measured. Achievement of government targets for the whole economy of a 20% reduction in greenhouse gases (GHGs) over a 30-year period would require carbon prices (/t CO2-e) of £1396 (indirect selection) or £296 (direct selection) for the sheep industry to achieve a 20% reduction entirely via a genetic change of c. –0·1 kg methane/head/yr. These carbon prices are placed in the context of possible government policies. A combination of genetic and non-genetic measures will probably be required for cost-effective reduction in methane production to meet government targets.

scholarly journals Mechanical Evaluation of Polymer Composite Hip Protectors

2010 ◽  
Vol 2010 ◽  
pp. 1-6 ◽  
Author(s):  
Jose Daniel Diniz Melo ◽  
Ayrles S. Gonçalves Barbosa ◽  
Ricardo Oliveira Guerra
Keyword(s):  
Polymer Composite ◽  
Hip Fractures ◽  
Impact Load ◽  
Cost Effective ◽  
Ethylene Vinyl Acetate ◽  
Geriatric Population ◽  
Hip Protectors ◽  
Energy Absorbing ◽  
The Impact

Hip fractures often result in serious health implications, particularly in the geriatric population, and have been related to long-term morbidity and death. In most cases, these fractures are caused by impact loads in the area of the greater trochanter, which are produced in a fall. This work is aimed at developing hip protectors using composite materials and evaluating their effectiveness in preventing hip fractures under high impact energy (120 J). The hip protectors were developed with an inner layer of energy absorbing soft material and an outer rigid shell of fiberglass-reinforced polymer composite. According to the experimental results, all tested configurations proved to be effective at reducing the impact load to below the average fracture threshold of proximal femur. Furthermore, an addition of Ethylene Vinyl Acetate (EVA) to the impacted area of the composite shell proved to be beneficial to increase impact strength of the hip protectors. Thus, composite hip protectors proved to be a viable alternative for a mechanically efficient and cost-effective solution to prevent hip fractures.

Farmer Participatory Crop Improvement. I. Varietal Selection and Breeding Methods and Their Impact on Biodiversity

1996 ◽  
Vol 32 (4) ◽  
pp. 445-460 ◽  
Author(s):  
J. R. Witcombe ◽  
A. Joshi ◽  
K. D. Joshi ◽  
B. R. Sthapit
Keyword(s):  
Plant Breeding ◽  
Crop Improvement ◽  
Cost Effective ◽  
Participatory Plant Breeding ◽  
Participatory Varietal Selection ◽  
Farmer Participatory Research ◽  
Long Term Effect ◽  
Impact On Biodiversity ◽  
The Impact

SUMMARYFarmer participatory approaches for the identification or breeding of improved crop cultivars can be usefully categorized into participatory varietal selection (PVS) and participatory plant breeding (PPB). Various PVS and PPB methods are reviewed. PVS is a more rapid and cost-effective way of identifying farmer-preferred cultivars if a suitable choice of cultivars exists. If this is impossible, then the more resource-consuming PPB is required. PPB can use, as parents, cultivars that were identified in successful PVS programmes. Compared with conventional plant breeding, PPB is more likely to produce farmer-acceptable products, particularly for marginal environments. The impact of farmer participatory research on biodiversity is considered. The long-term effect of PVS is to increase biodiversity, but where indigenous variability is high it can also reduce it. PPB has a greater effect on increasing biodiversity although its impact may be limited to smaller areas. PPB can be a dynamic form of in situ genetic conservation.

scholarly journals INTEREST RATE ADJUSTMENT AND STOCK MARKET – THE CASE STUDY OF CHINA

2021 ◽  
Author(s):  
Ning Zeng ◽  
◽  
Xixi Li ◽  
Keyword(s):  
Interest Rate ◽  
Stock Market ◽  
Stock Price ◽  
Price Index ◽  
Stock Index ◽  
Rate Adjustment ◽  
Stock Price Index ◽  
The Interest Rate ◽  
The Impact

This paper examines the impact of interest rate adjustment on the stock market in China. We collect the interest rate adjustment periods from April 21, 1991 to October 24, 2015 since the estab¬lishment of the stock market. Through an Error Correction model together with Granger causality, we investigate responses of the stock index to interest rate adjustment. Our findings suggest that there is existing a long-term reverse relationship between interest rate adjustment and stock index. The impact of interest rate adjustment on stock index returns could not be long-term disequilibria, which will be corrected in short-time. Also, the interest rate is the granger cause of the stock price index, while the stock price index is not the granger cause of interest rate.

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