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Exploring Triple Bottom Line Analysis for Space Science Investment

This project investigates the Triple Bottom Line (TBL) framework for evaluating future investments in space science, focusing on both direct benefits and indirect impacts. Hosted by the School of Physics and led by Manfred Lenzen, the analysis examines satellite telecommunications, global positioning, and advancements in medical and electronics materials as immediate gains. Additionally, it assesses emissions and resource extraction as indirect consequences. Utilizing methodologies like National Input-Output Tables and case studies, the study addresses questions of economic stimulus, employment generation, and environmental impacts of investing in space science compared to other sectors.

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Exploring Triple Bottom Line Analysis for Space Science Investment

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  1. a project idea Triple Bottom Line analysis of future investment into space science ISA, School of Physics Manfred Lenzen

  2. The TBL of space science investment Direct benefits Indirect impacts Methodology and case studies Discussion

  3. 1. Direct benefits

  4. Satellite telecommunications

  5. Global positioning

  6. Weather and disaster forecast

  7. Materials for medical and electronics applications

  8. 2. Indirect impacts

  9. 2. Indirect impacts

  10. 2. Indirect impacts

  11. Emissions from machinery manufacturing Mining machinery Bauxite for Al Al for sheet Watching satellite TV 2. Indirect impacts Al sheet for satellite

  12. 2. Indirect impacts

  13. 3. Methodology Physical data Integrating ABS National Input-Output Tables

  14. 3. Methodology

  15. The input-output round-robin

  16. 3. Methodology

  17. 3. Methodology

  18. 3. Methodology

  19. 3. Methodology Balancing Act: A triple bottom line account of the Australian economy

  20. 3. Methodology An example: Production layers

  21. 3. Methodology An example: Structural path analysis

  22. 3. Case studies

  23. 3. Case studies

  24. 3. Case studies

  25. 3. Case studies

  26. 3. Case studies

  27. 3. Case studies

  28. 3. Case studies

  29. 3. Case studies

  30. 3. Case studies

  31. 3. Case studies

  32. 3. Case studies

  33. 3. Case studies

  34. 3. Case studies

  35. 3. Case studies

  36. 4. Discussion • Potential research question: • How much employment and economic stimulus would an investment into space science generate? • How much environmental impact would an investment into space science cause? • How would space science investment compare with other investments, eg into defense, education, or resource extraction? • Question for discussion: • Would it be a worthwhile exercise to create a Triple Bottom Line profile for space science, just as in the Fed Gov’t’s Balancing Act report?

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