Characterization of Subsurface Polycyclic Aromatic Hydrocarbons at the Deepwater Horizon Site

Here, we report the initial observations of distributions of polycyclic aromatic hydrocarbons (PAH) in subsurface waters near the Deepwater Horizon oil well site (also referred to as the Macondo, Mississippi Canyon Block 252 or MC252 well). Profiles of in situ fluorescence and beam attenuation conducted during 9-16 May 2010 were characterized by distinct peaks at depths greater than 1000 m, with highest intensities close to the wellhead and decreasing intensities with increasing distance from the wellhead. Gas chromatography/mass spectrometry (GC/MS) analyses of water samples coinciding with the deep fluorescence and beam attenuation anomalies confirmed the presence of polycyclic aromatic hydrocarbons (PAH) at concentrations reaching 189 mu g L(-1) (ppb). Subsurface exposure to PAH at levels considered to be toxic to marine organisms would have occurred in discrete depth layers between 1000 and 1400 m in the region southwest of the wellhead site and extending at least as far as 13 km. Citation: Diercks, A.-R., et al. (2010), Characterization of subsurface polycyclic aromatic hydrocarbons at the Deepwater Horizon site, Geophys. Res. Lett., 37, L20602, doi: 10.1029/2010GL045046

Expected cost of equity and the expected risk premium in the UK

Discussion paper. Final version published in Review of Behavioral Finance, Vol. 3 Iss: 1, pp.1 - 26In this paper, it is argued that previous estimates of the expected cost of equity and the expected arithmetic risk premium in the UK show a degree of upward bias. Given the importance of the risk premium in regulatory cost of capital in the UK, this has important policy implications. There are three reasons why previous estimates could be upward biased. The first two arise from the comparison of estimates of the realised returns on Government Bond (“Gilt”) to realised and expected returns on equities. These estimates are frequently used to infer a risk premium relative to either the current yield on index-linked gilts or an “adjusted” current yield measure. This is incorrect on two counts; first, inconsistent estimates of the risk free rate are implied on the right hand side of the CAPM (Jenkinson, 1993); second, they compare realised returns from a bond which carried inflation risk with realised and expected returns from equities which may be expected to have at least some protection from inflation risk. The third, and most important, source of bias arises from uplifts to expected returns. If markets exhibit “excess volatility” (Shiller 1981), or if part of the historical return arises because of revisions to expected future cash flows, then estimates of variance derived from historical returns or price growth must be used with great care when uplifting average expected returns to derive simple discount rates. Adjusting expected returns for the effect of such biases leads to lower expected cost of equity and risk premia than those that are typically quoted

Strong margin influence on the Arctic Ocean Barium Cycle revealed by pan‐Arctic synthesis

© The Author(s), 2022. This article is distributed under the terms of the Creative Commons Attribution License. The definitive version was published in Whitmore, L., Shiller, A., Horner, T., Xiang, Y., Auro, M., Bauch, D., Dehairs, F., Lam, P., Li, J., Maldonado, M., Mears, C., Newton, R., Pasqualini, A., Planquette, H., Rember, R., & Thomas, H. Strong margin influence on the Arctic Ocean Barium Cycle revealed by pan‐Arctic synthesis. Journal of Geophysical Research: Oceans, 127(4), (2022): e2021JC017417, https://doi.org/10.1029/2021jc017417.Early studies revealed relationships between barium (Ba), particulate organic carbon and silicate, suggesting applications for Ba as a paleoproductivity tracer and as a tracer of modern ocean circulation. But, what controls the distribution of barium (Ba) in the oceans? Here, we investigated the Arctic Ocean Ba cycle through a one-of-a-kind data set containing dissolved (dBa), particulate (pBa), and stable isotope Ba ratio (δ138Ba) data from four Arctic GEOTRACES expeditions conducted in 2015. We hypothesized that margins would be a substantial source of Ba to the Arctic Ocean water column. The dBa, pBa, and δ138Ba distributions all suggest significant modification of inflowing Pacific seawater over the shelves, and the dBa mass balance implies that ∼50% of the dBa inventory (upper 500 m of the Arctic water column) was supplied by nonconservative inputs. Calculated areal dBa fluxes are up to 10 μmol m−2 day−1 on the margin, which is comparable to fluxes described in other regions. Applying this approach to dBa data from the 1994 Arctic Ocean Survey yields similar results. The Canadian Arctic Archipelago did not appear to have a similar margin source; rather, the dBa distribution in this section is consistent with mixing of Arctic Ocean-derived waters and Baffin Bay-derived waters. Although we lack enough information to identify the specifics of the shelf sediment Ba source, we suspect that a sedimentary remineralization and terrigenous sources (e.g., submarine groundwater discharge or fluvial particles) are contributors.This research was supported by the National Science Foundation [OCE-1434312 (AMS), OCE-1436666 (RN), OCE-1535854 (PL), OCE-1736949, OCE-2023456 (TJH), and OCE-1829563 (R. Anderson for open access support)], Natural Sciences and Engineering Research Council of Canada (NSERC)-Climate Change and Atmospheric Research (CCAR) Program (MTM), and LEFE-CYBER EXPATE (HP). HT acknowledges support by the Canadian GEOTRACES via NSERC-CCAR and the German Academic Exchange Service (DAAD): MOPGA-GRI (Make Our Planet Great Again—Research Initiative) sponsored by BMBF (Federal German Ministry of Education and Research; Grant No. 57429828)

Strong Margin Influence on the Arctic Ocean Barium Cycle Revealed by Pan‐Arctic Synthesis

Laura M. Whitmore et al, 2022, Strong margin influence on the Arctic Ocean barium cycle revealed by Pan‐Arctic synthesis, Journal of Geophysical Research: Oceans, Citation number, 10.1029/2021JC017417. To view the published open abstract, go to https://doi.org/10.1029/2021JC017417

Characterization of Subsurface Polycyclic Aromatic Hydrocarbons at the Deepwater Horizon Site

Here, we report the initial observations of distributions of polycyclic aromatic hydrocarbons (PAH) in subsurface waters near the Deepwater Horizon oil well site (also referred to as the Macondo, Mississippi Canyon Block 252 or MC252 well). Profiles of in situ fluorescence and beam attenuation conducted during 9-16 May 2010 were characterized by distinct peaks at depths greater than 1000 m, with highest intensities close to the wellhead and decreasing intensities with increasing distance from the wellhead. Gas chromatography/mass spectrometry (GC/MS) analyses of water samples coinciding with the deep fluorescence and beam attenuation anomalies confirmed the presence of polycyclic aromatic hydrocarbons (PAH) at concentrations reaching 189 μg L−1 (ppb). Subsurface exposure to PAH at levels considered to be toxic to marine organisms would have occurred in discrete depth layers between 1000 and 1400 m in the region southwest of the wellhead site and extending at least as far as 13 km

Analyses of Water Samples From the Deepwater Horizon Oil Spill: Documentation of the Subsurface Plume

Surface and subsurface water samples were collected in the vicinity of the Deepwater Horizon (DWH) wellhead in the Gulf of Mexico. Samples were extracted with dichloromethane and analyzed for a toxic component, polycyclic aromatic hydrocarbons (PAHs), using total scanning fluorescence (TSF) and by gas chromatography/mass spectrometry (GC/MS). An aliquot of fresh, floating oil from a surface sample was used as a DWH oil reference standard. Twelve of 19 samples collected from 24 May 2010 to 6 June 2010 on the R/V Walton Smith cruise contained TSF maximum intensities above background (0.7 µg L À1 based on 1 L sample size). These 12 samples had total petroleum hydrocarbon (TPH) concentrations as measured by quantitative gas chromatography flame ionization detector (FID) ranging from 2 to 442 µg L À1 . Quantitative GC/MS analysis of these 12 samples resulted in total PAH concentrations ranging from 0.01 to 59 µg L À1 . Low molecular weight, more water-soluble naphthalene and alkylated naphthalene dominated the PAH composition patterns for 11 of the 12 water samples. Sample 12 exhibited substantially reduced concentrations of naphthalenes relative to other PAH compounds. The total PAH concentrations were positively correlated (R 2 = 0.80) with the TSF maximum intensity (MI). TSF is a simple, rapid technique providing an accurate prediction of the amount of PAH present in a sample. TSFderived estimates of the relative contribution of PAH present in the oil provided evidence that PAH represented~10% of the higher molecular weight TPH. The subsurface oil plume was confirmed by the analyses of discrete water samples for TSF, TPH, and PAH

Global Ocean Sediment Composition and Burial Flux in the Deep Sea

Quantitative knowledge about the burial of sedimentary components at the seafloor has wide-ranging implications in ocean science, from global climate to continental weathering. The use of 230Th-normalized fluxes reduces uncertainties that many prior studies faced by accounting for the effects of sediment redistribution by bottom currents and minimizing the impact of age model uncertainty. Here we employ a recently compiled global data set of 230Th-normalized fluxes with an updated database of seafloor surface sediment composition to derive atlases of the deep-sea burial flux of calcium carbonate, biogenic opal, total organic carbon (TOC), nonbiogenic material, iron, mercury, and excess barium (Baxs). The spatial patterns of major component burial are mainly consistent with prior work, but the new quantitative estimates allow evaluations of deep-sea budgets. Our integrated deep-sea burial fluxes are 136 Tg C/yr CaCO3, 153 Tg Si/yr opal, 20Tg C/yr TOC, 220 Mg Hg/yr, and 2.6 Tg Baxs/yr. This opal flux is roughly a factor of 2 increase over previous estimates, with important implications for the global Si cycle. Sedimentary Fe fluxes reflect a mixture of sources including lithogenic material, hydrothermal inputs and authigenic phases. The fluxes of some commonly used paleo-productivity proxies (TOC, biogenic opal, and Baxs) are not well-correlated geographically with satellite-based productivity estimates. Our new compilation of sedimentary fluxes provides detailed regional and global information, which will help refine the understanding of sediment preservation

Functioning of Coastal River-Dominated Ecosystems and Implications for Oil Spill Response: From Observations to Mechanisms and Models

Coastal river-dominated oceans are physically complex, biologically productive, and intimately connected to human socioeconomic activity. The Deepwater Horizon blowout and subsequent advection of oil into coastal waters of the northern Gulf of Mexico (nGOM) highlighted the complex linkages among oceanographic processes within this river-dominated system and knowledge gaps about it that resulted in imprecise information on both oil transport and ecosystem consequences. The interdisciplinary research program implemented through the CONsortium for oil exposure pathways in COastal River-Dominated Ecosystems (CONCORDE) is designed to identify and quantitatively assess key physical, biological, and geochemical processes acting in the nGOM, in order to provide the foundation for implementation of a synthesis model (coupled circulation and biogeochemistry) of the nGOM shelf system that can ultimately aid in prediction of oil spill transport and impacts. CONCORDE field and modeling efforts in 2015–2016 focused on defining the influence of freshwater input from river plumes in the nGOM. In situ observations, combined with field-deployed and simulated drifters, show considerable variability in the spatial extent of freshwater influence that is related to wind direction and strength. Increased primary production and particle abundance (a proxy for secondary production) was observed during the spring when nGOM shelf waters were becoming stratified. Zooplankton and marine snow displayed intense vertical and horizontal patchiness during all seasons, often aggregating near the halocline. Simulations of a neutrally buoyant tracer released offshore of the Mississippi Bight showed surface advection of low tracer concentrations onto the inner shelf under high river discharge, high stratification, and variable wind conditions compared to almost no advection onto the inner shelf under low discharge, negligible stratification, and generally northeasterly winds. The interconnectedness of environmental variables and biological activity indicate that multiple factors can affect the transport of oil and the resulting ecological impacts. The process-oriented understanding provided by CONCORDE is necessary to predict ecosystem-level impacts of oil spills, and these results are applicable to other river-dominated coastal systems worldwide that often support oil extraction activities