September 14, 2017

BC3 Journal Article “A 7,000 yr high-resolution lake sediment record from coastal central Chile (Lago Vichuquén, 34°S): implications for past sea level and environmental variability”

We present a 7-ka environmental reconstruction based on sedimentological and geochemical data from Lago Vichuquén, a coastal eutrophic lake in central Chile (34°48′S, 72°03′ W, 4 m a.s.l.). A relatively shallow and restricted marine environment with low productivity, high detrital input and dominant anoxic conditions in the Vichuquén Basin occurred from 7.0 to 6.5 cal ka BP.
September 27, 2017

BC3 Journal Article “Investing in adaptation: flood risk and real option application to Bilbao”

Investment decisions in adaptation are usually made under significant uncertainty due to climate change and socio-economic trends. In this study, we propose three ways to incorporate climate and socio-economic uncertainty into the assessment of an adaptation infrastructure designed to cope with flood-risk in the city of Bilbao.
September 28, 2017

Research by BC3 researchers, Iñaki Arto and Anil Markandya, mentioned in Juncker’s State of the Union address of 13 Sep 2017 “Every additional €1 billion in exports supports 14,000 extra jobs in Europe”

Jean-Claude Juncker, President of the European Commission, in his State of the Union of 13 September 2017, has referred for the second consecutive year to the report “EU Exports to the World: Effects on Employment and Income” authored by BC3 researchers, Dr. Iñaki Arto and Prof. Anil Markandya.
September 29, 2017

BC3 Journal Article “Carbon risk and optimal retrofitting in cement plants: An application of stochastic modelling, MonteCarlo simulation and Real Options Analysis”

The cement sector is highly intensive in CO2 emissions and is the second biggest industrial sector in terms of emissions after the electricity generation sector. It emits CO2 from the combustion of fossil fuels, the calcination process and, indirectly, from electricity consumption. The ambitious climate change policy in the EU means that carbon prices and fuel prices are two very important sources of uncertainty that may affect the competitiveness of the sector. This paper focuses on understanding the risk associated with the future price of European Union Emission Trading System allowances.




María de Maeztu Excellence Unit 2023-2027 Ref. CEX2021-001201-M, funded by MCIN/AEI /10.13039/501100011033

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