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Science Seminar Series 1 Mike Young


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Professor Mike Young gives informs us about the new Environment Institute and discusses "Keeping ahead of our changing world".

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Science Seminar Series 1 Mike Young

  1. 1. 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
  2. 2. Transformational Changes <ul><li>Global </li></ul><ul><ul><li>Climate change </li></ul></ul><ul><ul><li>New financial system </li></ul></ul><ul><li>South Australia </li></ul><ul><ul><li>Mining </li></ul></ul><ul><ul><ul><li>Population </li></ul></ul></ul><ul><ul><ul><li>Diversified energy supplies </li></ul></ul></ul><ul><ul><li>Water supply </li></ul></ul><ul><ul><ul><li>(after desalination) </li></ul></ul></ul><ul><ul><li>Landscape management </li></ul></ul>
  3. 3. 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
  4. 4. A New Deal <ul><li>Global Green New Deal </li></ul><ul><ul><li>Reduce carbon dependency </li></ul></ul><ul><ul><li>Increase food productivity </li></ul></ul><ul><ul><li>Water access, quality and system health </li></ul></ul><ul><li>A Green New Deal for South Australia </li></ul><ul><ul><li>A role for the University of Adelaide? </li></ul></ul>
  5. 5. The Environment Institute <ul><li>Scientific excellence and knowledge that helps others to make decisions </li></ul><ul><li>Timely information and assistance that makes </li></ul><ul><ul><li>Decision-making easier </li></ul></ul><ul><ul><li>Transformational investments easier </li></ul></ul>
  6. 6. The Environment Institute <ul><li>Climate Change and Sustainability Research Chair- Prof. Barry Brook </li></ul><ul><li>The Australian Centre For Evolutionary Biology and Biodiversity - Prof. Andy Lowe </li></ul><ul><li>Australian Centre for Ancient DNA - Prof. Alan Cooper </li></ul><ul><li>Centre for Energy Technology - Prof. Gus Nathan </li></ul><ul><li>Water Research Centre - A/Prof. Justin Brookes </li></ul><ul><li>Marine Science Program - A/Prof. Corey Bradshaw </li></ul><ul><li>Landscape Futures Program - Prof. Wayne Meyer </li></ul>
  7. 7. Role of Government & Change <ul><li>Impeding change </li></ul><ul><ul><li>Degradation plus wealth reduction </li></ul></ul><ul><ul><li>Less investment and less innovation </li></ul></ul><ul><li>Facilitating change </li></ul><ul><ul><li>Enables autonomous adjustment </li></ul></ul><ul><ul><li>Requires policy signals </li></ul></ul><ul><li>Expediting change </li></ul><ul><ul><li>Transformational investments </li></ul></ul>
  8. 8. Government and Integration <ul><li>Tinbergen Principle (NP </li></ul><ul><ul><li>In a dynamic ever-changing world, there must be at least as many policy instruments as there are independent policy targets </li></ul></ul><ul><li>Role of government is to facilitate change in sustainable directions by </li></ul><ul><ul><ul><li>specifying limits and signalling full costs </li></ul></ul></ul><ul><ul><ul><li>Signalling opportunity </li></ul></ul></ul>
  9. 9. 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
  10. 10. Source: River Murray Environmental Management Unit, SA
  11. 11. C2 - Growing the other half (Murdoch) <ul><li>As a general rule, 80% production and profit comes produced by 20% of managers </li></ul><ul><li>Can we make the other 80% produce more? </li></ul><ul><li>Does this rule apply to biodiversity? </li></ul><ul><li>Who provides the most biodiversity and ecosystem services to society? </li></ul>
  12. 12. C3 – Reconfiguring landscapes <ul><li>Carbon dependency </li></ul><ul><ul><li>Soil carbon </li></ul></ul><ul><ul><li>Carbon plantations (+/- Biodiversity) </li></ul></ul><ul><ul><li>Livestock </li></ul></ul><ul><li>Facilitating species migration </li></ul><ul><ul><li>Reconnecting remnants </li></ul></ul><ul><ul><li>Establishing corridors </li></ul></ul><ul><ul><li>Moving species </li></ul></ul><ul><li>New ways of monitoring landscapes </li></ul>
  13. 13. C4 – Reconfiguring the economy <ul><li>Markets to manage scarcity </li></ul><ul><ul><li>Water supply </li></ul></ul><ul><ul><li>Salinity credits </li></ul></ul><ul><ul><li>Carbon pollution </li></ul></ul><ul><li>Taxing the bad and unleasing the good </li></ul><ul><ul><li>Revenue neutral shifts </li></ul></ul><ul><li>New property right systems </li></ul><ul><li>New incentive systems </li></ul>
  14. 14. C5 – Use in a changing world <ul><li>J-curve thinking </li></ul><ul><li>Do resources need more in reserve to cope with change </li></ul>
  15. 15. Green New Deal for SA <ul><li>Carbon dependency </li></ul><ul><ul><li>Smart technology </li></ul></ul><ul><ul><li>Smart accounting </li></ul></ul><ul><ul><li>A carbon economy with policy insights from science </li></ul></ul><ul><li>Landscapes </li></ul><ul><ul><li>Designed to evolve in changing world </li></ul></ul><ul><ul><li>Smart priority setting underpinned by new technology </li></ul></ul><ul><ul><li>Well governed and informed market as the integrator </li></ul></ul><ul><ul><li>A key player in the carbon economy </li></ul></ul><ul><li>Marine ecosystems </li></ul><ul><ul><li>Understanding change and connectivity </li></ul></ul><ul><ul><li>A global Mediterranean test bed </li></ul></ul><ul><li>Water allocation and management </li></ul><ul><ul><li>A beacon for business </li></ul></ul><ul><ul><li>Expertise in river repair and allocation </li></ul></ul><ul><ul><li>Smart urban policy and transformational investments </li></ul></ul>
  16. 16. Environment Institute Science Seminar Series 2009 Next Week Energy Today and Tomorrow Presented by: Professor Stephen Lincoln