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Nicholas Stern on the UK budget

Posted 19 Mar 2014 in

“Chancellors cannot resist the temptation to fiddle. Fiddling creates policy uncertainty and that in turn reduces investment including, and critically, in the energy sector by raising the cost of capital.” read more »


Importance of new study on the sensitivity of the Earth’s climate

Posted 9 Mar 2014 in

“Policy-makers should now treat with caution recent studies that suggest that the short-term sensitivity of the Earth’s climate to increases in carbon dioxide levels may have a low value, according to an article by a researcher at the ESRC Centre for Climate Change Economics and Policy and the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science, which is published today (9 March 2014) in the journal ‘Nature Climate Change’.” read more »