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We identify seven key issues that should be considered to ensure that conclusions and recommendations from CCS LCA are robust: energy penalty, functional units, scale-up challenges, non-climate environmental impacts, uncertainty management, policy-making needs, and market effects.
This review is an initial effort to address some of these challenges, with a focus on modeling issues (time course of exposures and impacts; uncertainty; and low-probability/high-impact effects) and issues affecting relevance (discount rate selection, decision analysis, and inclusion of factors affecting policy uptake and system dynamics).
Similar(58)
Applying collective judgment in a CEA meta-assessment of prior assessments and analyses also provides a robust and effective means to overcome "paralysis by analysis" in the face of unquantifiable impacts, uncertainties, and contradictory information.
"Add those things together – the shock impact, the uncertainty impact, the trade impact – and you put a bomb under our economy," he said.
The remaining eight instruments (out of nine) that represented the dimension of uncertainty all captured one category comprised of items that addressed worrying about the future, but did not address the impact uncertainty has on making life decisions (Table 2).
"Risks around the referendum are the biggest risks facing the UK economy, we have contingency planning to decrease the potential impacts of uncertainty," he told the Stockport Express newspaper.
Keynes thought strong public investment and fiscal policy would counter the negative impacts the uncertainty of economic fluctuations can have on the economy.
The potential impacts of uncertainty in value laden single parameters were explored in one-way sensitivity analyses.
Concurrently, the demand for ecosystem services increases, which aggravates the potential impacts of uncertainty on the goals of ecosystem management.
Given the large impact of uncertainty in this input parameter, we conduct a sensitivity analysis for its impact below.
More specifically, the paper examines the impact of uncertainty on the optimal timing of M&A using earnouts, and it also investigates the impact of uncertainty on the terms of the earnout.
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