Science Seminar Series 1 Mike Young

Environment Institute Science Seminar Series 2009 23 rd March 2009 Keeping ahead of our changing world Presented by: Professor Mike Young Executive Director of the Environment Institute Research Chair, Water Economics and Management The University of Adelaide

Transformational Changes
Global
Climate change
New financial system
South Australia
Mining
Population
Diversified energy supplies
Water supply
(after desalination)
Landscape management

New Mines: Prominent Hill (Cu-Au) Honeymoon (U) Angus (Zn-Pb) Mindarie (HMS) Beltana (Zn) Mine Expansion Projects: Olympic Dam (Cu-Au-U) Project Magnet (Iron Ore) Beverley Extension (U) Mining Developments: White Dam (Au) Peculiar Knob (Iron Ore) Kanmantoo (Cu-Au) Beverley 4 Mile (U) Cairn Hill (Iron Ore) Jacinth, Ambrosia (HMS) Advanced Exploration: Arkaringa Basin (CSM) Oban (U) Hybrid Energy (Coal) Tripitaka (HMS) Crocker’s Well (U) Wilgerup (Iron Ore) Gould’s Dam (U) Mount Gee (U) Tunkillia (Au, Ag) Carrapateena (Cu-Au-U) Wilcherry Hill (Iron Ore) Wilgerup (Iron Ore) Mutooroo (Cu-Co) Gullivers (HMS) Menninnie Dam (Pb, Zn) Portia (Au) Bird in the Hand (Au) Punt Hill (Cu-Au) Kalkaroo (Cu, Au, Mo) Mount Gambier ADELAIDE Port Augusta Port Pirie Moomba Marla Oodnadatta Coober Pedy Arckaringa Basin Coal Field Challenger Ambrosia Jacinth Tripitaka Tunkillia Gullivers Blanche Olympic Dam Cairn Hill Peculiar Knob Prominent Hill Habanero Yerila Paralana Beverley 4 Mile Mount Gee Leigh Creek Beltana Carrapateena Punt Hill Menninnie Dam Project Magnet Wilgerup Mutooroo Crockers Well Portia Kalkaroo Honeymoon White Dam Bird In Hand Mindarie Heat Flow Angas Kanmantoo MUSGRAVE PROVINCE GAWLER CRATON COOPER BASIN CURNAMONA PROVINCE OFFICER BASIN MURRAY BASIN OTWAY BASIN ADELAIDE GEOSYNCLINE EROMANGA BASIN Emerging projects – Shuttle Image Developing mine Major mine Geothermal well Projects to watch 200 km Port Lincoln Ceduna

A New Deal
Global Green New Deal
Reduce carbon dependency
Increase food productivity
Water access, quality and system health
A Green New Deal for South Australia
A role for the University of Adelaide?

The Environment Institute
Scientific excellence and knowledge that helps others to make decisions
Timely information and assistance that makes
Decision-making easier
Transformational investments easier

The Environment Institute
Climate Change and Sustainability Research Chair- Prof. Barry Brook
The Australian Centre For Evolutionary Biology and Biodiversity - Prof. Andy Lowe
Australian Centre for Ancient DNA - Prof. Alan Cooper
Centre for Energy Technology - Prof. Gus Nathan
Water Research Centre - A/Prof. Justin Brookes
Marine Science Program - A/Prof. Corey Bradshaw
Landscape Futures Program - Prof. Wayne Meyer

Role of Government & Change
Impeding change
Degradation plus wealth reduction
Less investment and less innovation
Facilitating change
Enables autonomous adjustment
Requires policy signals
Expediting change
Transformational investments

Government and Integration
Tinbergen Principle (NP
In a dynamic ever-changing world, there must be at least as many policy instruments as there are independent policy targets
Role of government is to facilitate change in sustainable directions by
specifying limits and signalling full costs
Signalling opportunity

C1 - Getting more from less Users Environment River Flow Environment River Flow Users Optimisation and priority in a risky changing world River Flow Environment Users

Source: River Murray Environmental Management Unit, SA

C2 - Growing the other half (Murdoch)
As a general rule, 80% production and profit comes produced by 20% of managers
Can we make the other 80% produce more?
Does this rule apply to biodiversity?
Who provides the most biodiversity and ecosystem services to society?

C3 – Reconfiguring landscapes
Carbon dependency
Soil carbon
Carbon plantations (+/- Biodiversity)
Livestock
Facilitating species migration
Reconnecting remnants
Establishing corridors
Moving species
New ways of monitoring landscapes

C4 – Reconfiguring the economy
Markets to manage scarcity
Water supply
Salinity credits
Carbon pollution
Taxing the bad and unleasing the good
Revenue neutral shifts
New property right systems
New incentive systems

C5 – Use in a changing world
J-curve thinking
Do resources need more in reserve to cope with change

Green New Deal for SA
Carbon dependency
Smart technology
Smart accounting
A carbon economy with policy insights from science
Landscapes
Designed to evolve in changing world
Smart priority setting underpinned by new technology
Well governed and informed market as the integrator
A key player in the carbon economy
Marine ecosystems
Understanding change and connectivity
A global Mediterranean test bed
Water allocation and management
A beacon for business
Expertise in river repair and allocation
Smart urban policy and transformational investments

Environment Institute Science Seminar Series 2009 Next Week Energy Today and Tomorrow Presented by: Professor Stephen Lincoln

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Science Seminar Series 1 Mike Young

by University of Adelaide on Mar 30, 2009

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