Misato Sato
Misato is a Deputy Director of CCCEP.
Misato’s research aims to provide a robust evidence base on how regulated companies and sectors respond to energy and climate change policies, in an effort to help improve the design and effectiveness of current polices to better support industries in their low-carbon transition. Her recent work uses economic and econometric methods to evaluate how climate policies such as the EU Emissions Trading System affect the economic performance of cement, steel and other sectors, and how they influence business decisions or outcomes on the various dimensions of competitiveness such as trade, innovation, employment, costs, profitability and investment.
Misato currently holds an ESRC Future Research Leaders award for the project “Assessing the trade and innovation impacts of climate change policies: do they help UK firms or competitors abroad?” (2016-2018).
Background
Misato completed her Ph.D. in Environmental Economics at the LSE. Prior to her doctoral studies, she held roles as a research assistant at the Faculty of Economics, Cambridge University and Providence University, Taiwan. She has a MSc in Environmental and Resource Economics from UCL and an MA (Joint Hons) in Economics and Chinese from Edinburgh University.
Research interests
- EU Emissions Trading Scheme design and impacts
- Industrial competitiveness impacts from green policies
- Environment, trade and carbon leakage
Research articles
- Solving the clinker dilemma with hybrid output-based allocation
18 Jan 2017. Frédéric Branger, Misato Sato - Asymmetric industrial energy prices and international trade
31 Dec 2015. Misato Sato, Antoine Dechezleprêtre - EU ETS, Free Allocations, and Activity Level Thresholds: The Devil Lies in the Details
1 Sep 2015. Misato Sato - Product level embodied carbon flows in bilateral trade
18 Jun 2014. Misato Sato - The effects and side‐effects of the EU emissions trading scheme
15 Apr 2014. Misato Sato - Sectors under scrutiny: evaluation of indicators to assess the risk of carbon leakage in the UK and Germany
4 Jan 2014. Misato Sato - Who will win the green race? In search of environmental competitiveness and innovation
12 Oct 2013. Sam Fankhauser, Alex Bowen, Antoine Dechezleprêtre, Misato Sato - Embodied carbon in trade: a survey of the empirical literature
3 May 2013. Misato Sato
Working papers
- Are financial markets aligned with climate action? New evidence from the Paris Agreement
18 Feb 2020 - Green revenues, profitability and market valuation: Evidence from a global firm level dataset
23 Jan 2020 - The impacts of energy prices on industrial foreign investment location: evidence from global firm level data
11 Dec 2018 - Benchmarks for emissions trading – general principles for emissions scope
20 Dec 2017 - Demand for offsetting and insetting in the EU Emissions Trading System
18 May 2016 - Solving the clinker dilemma with hybrid output-based allocation
4 Aug 2015 - International and sectoral variation in energy prices 1995-2011: how does it relate to emissions policy stringency?
25 Mar 2015 - Asymmetric industrial energy prices and international trade
2 Mar 2015 - EU ETS, free allocations and activity level thresholds, the devil lies in the details
3 Oct 2014 - Sectors under scrutiny – Evaluation of indicators to assess the risk of carbon leakage in the UK and Germany
1 May 2013 - Assessing the effectiveness of the EU Emissions Trading System
1 Feb 2013 - Who will win the green race? In search of environmental competitiveness and innovation
1 Nov 2012 - Embodied carbon in trade: a survey of the empirical literature
1 Apr 2012
Policy publications
- What does an EU Carbon Border Adjustment Mechanism mean for the UK?
Policy publications, 1 Apr 2021 - Does it pay for firms to go green?
Policy publications, 15 Jun 2020 - Consultation response: ‘Industrial Heat Recovery Support Programme’
Policy publications, 16 Jan 2018 - Inclusion of Consumption of carbon intensive materials in emissions trading – An option for carbon pricing post-2020
Policy publications, 2 Jun 2016 - Methods for Evaluating the Performance of Emission Trading Schemes
Policy publications, 15 Dec 2015 - Staying with the leaders: Europe’s path to a successful low-carbon economy
Policy publications, 6 Feb 2014
- Researcher wins FAERE Young Economist Best Paper Award
11 Sep 2018 - A large body of academic studies suggest climate change policies have had only a very small impact on competitiveness
7 Jun 2017 - Offsetting emissions: It’s not just the cost of carbon that matters to businesses
19 May 2016 - The EU has the power to drive innovation (on www.businessgreen.com)
8 Jul 2015 - Green regulations cripple the economy? Show me the proof (on www.businessgreen.com)
28 Nov 2014 - Opinion: exposing myths about green regulations (on cdkn.org)
20 Nov 2014 - ‘Green tape’ can boost growth, study finds (on www.businessgreen.com)
14 Nov 2014