Electricity and combined heat and power from municipal solid waste : theoretically optimal investment decision time and emissions trading implications

Waste management has become a great social concern for modern societies. Landfill emissions have been identified among the major contributors of global warming and climate changes with significant impact in national economies. The energy industry constitutes an additional greenhouse gas emitter, while at the same time it is characterized by significant costs and uncertain fuel prices. The above implications have triggered different policies and measures worldwide to address the management of municipal solid wastes on the one hand and the impacts from energy production on the other. Emerging methods of energy recovery from waste may address both concerns simultaneously. In this work a comparative study of co-generation investments based on municipal solid waste is presented, focusing on the evolution of their economical performance over time. A real-options algorithm has been adopted investigating different options of energy recovery from waste: incineration, gasification and landfill biogas exploitation. The financial contributors are identified and the impact of greenhouse gas trading is analysed in terms of financial yields, considering landfilling as the baseline scenario. The results indicate an advantage of combined heat and power over solely electricity production. Gasification, has failed in some European installations. Incineration on the other hand, proves to be more attractive than the competing alternatives, mainly due to its higher power production efficiency, lower investment costs and lower emission rates. Although these characteristics may not drastically change over time, either immediate or irreversible investment decisions might be reconsidered under the current selling prices of heat, power and CO2 allowances

EYM equations in the presence of q-stars is scalar-tensor gravitational theories

We study Einstein-Yang-Mills equations in the presence of a gravitating non-topological soliton field configuration consisted of a Higgs doublet, in Brans-Dicke and general scalar-tensor gravitational theories. The results of General Relativity are reproduced in the $\omega_{\textrm{BD}},\omega_0\to\infty$ limit. The numerical solutions correspond to a soliton star with a non-abelian gauge field. We study the effects of the coupling constant, the frequency of the Higgs field and the Brans-Dicke field on the soliton parametersComment: 17 pages, to appear in Phys. Rev.

Evolution and Culture

The goal of cross-cultural psychology to identify and explain similarities and differences in the behavior of individuals in different cultures requires linking human behavior to its context (Cole, Meshcheryakov & Ponomariov, 2011). In order to specify this relation, the focus is usually on the sociocultural environment and how it interacts with behavior. Since cross-cultural psychology also deals with the evolutionary and biological bases of behavior, this focus on culture has regularly led to an unbalanced view (Berry, Poortinga, Breugelmans, Chasiotis & Sam, 2011). Too often, biology and culture are seen as opposites: what is labeled as cultural is not biological and what is labeled as biological is not cultural (Chasiotis, 2010, 2011a). This article will first introduce the central concepts of natural and sexual selection, adaptation, and the epigenetic (open) genetic processes in evolutionary biology, and indicate their psychological implications. It will then argue that biology and culture are intricately related. Finally, empirical evidence from diverse psychological research areas will be presented to illustrate why the study of the evolutionary basis is as essential as the analysis of the sociocultural context for the understanding of behavior. Due to space restrictions, cultural transmission will be the only research area which is addressed in more detail (more examples of evolutionary approaches in intelligence, personality, and behavior genetics and their implications for cross-cultural research can be found on the website accompanying Berry et al., 2011; see also further readings section)

What happened in Cyprus

This policy letter sheds light on the economic and political backround in Cyprus and provides an analyses of the factors which lead to an intensification of the crisis there. It discusses the severe consequences of the errors made in the recent establishment of an adjustment program for Cyprus by the Europroup for European economic management as a whole

On entropy and Hausdorff dimension of measures defined through a non-homogeneous Markov process

In this work we study the Hausdorff dimension of measures whose weight distribution satisfies a markov non-homogeneous property. We prove, in particular, that the Hausdorff dimensions of this kind of measures coincide with their lower R\'enyi dimensions (entropy). Moreover, we show that the Tricot dimensions (packing dimension) equal the upper R\'enyi dimensions. As an application we get a continuity property of the Hausdorff dimension of the measures, when it is seen as a function of the distributed weights under the $\ell^{\infty}$ norm.Comment: 13 page

Creative Archiving: A Case Study from the John Latham Archive

This article looks at the history of the archive profession and emphasises the perceived role of the archivist as the keeper of truth. It focuses on the recent developments in archival practice with the adoption of post-modern thinking and its implementation with open-access archives online. Following a discussion of that approach, it introduces the concept of creative archiving as an alternative approach to archival practice and continues with the presentation of a case study from the John Latham Archive. It concludes with a discussion of the main pros and cons of creative archiving

Activist stabilization policy and inflation : the Taylor rule in the 1970s

A number of recent studies have suggested that activist stabilization policy rules responding to inflation and the output gap can attain simultaneously a low and stable rate of inflation as well as a high degree of economic stability. The foremost example of such a strategy is the policy rule proposed by Taylor (1993). In this paper, I demonstrate that the policy settings that would have been suggested by this rule during the 1970s, based on real-time data published by the U.S. Commerce Department, do not greatly differ from actual policy during this period. To the extent macroeconomic outcomes during this period are considered unfavorable, this raises questions regarding the usefulness of this strategy for monetary policy. To the extent the Taylor rule is believed to provide a reasonable guide to monetary policy, this finding raises questions regarding earlier critiques of monetary policy during the 1970s