3 research outputs found
Quantum Nature of Light Measured With a Single Detector
We realized the most fundamental quantum optical experiment to prove the
non-classical character of light: Only a single quantum emitter and a single
superconducting nanowire detector were used. A particular appeal of our
experiment is its elegance and simplicity. Yet its results unambiguously
enforce a quantum theory for light. Previous experiments relied on more complex
setups, such as the Hanbury-Brown-Twiss configuration, where a beam splitter
directs light to two photodetectors, giving the false impression that the beam
splitter is required. Our work results in a major simplification of the widely
used photon-correlation techniques with applications ranging from quantum
information processing to single-molecule detection.Comment: 7 page
The Role of Sustainable Investment in Climate Policy
Reaching the Sustainable Development Goals requires a fundamental socio-economic transformation accompanied by substantial investment in low-carbon infrastructure. Such a sustainability transition represents a non-marginal change, driven by behavioral factors and systemic interactions. However, typical economic models used to assess a sustainability transition focus on marginal changes around a local optimum, which—by construction—lead to negative effects. Thus, these models do not allow evaluating a sustainability transition that might have substantial positive effects. This paper examines which mechanisms need to be included in a standard computable general equilibrium model to overcome these limitations and to give a more comprehensive view of the effects of climate change mitigation. Simulation results show that, given an ambitious greenhouse gas emission constraint and a price of carbon, positive economic effects are possible if (1) technical progress results (partly) endogenously from the model and (2) a policy intervention triggering an increase of investment is introduced. Additionally, if (3) the investment behavior of firms is influenced by their sales expectations, the effects are amplified. The results provide suggestions for policy-makers, because the outcome indicates that investment-oriented climate policies can lead to more desirable outcomes in economic, social and environmental terms