The three-phases of research and engagement (2008–2023) of the ESRC-funded Centre for Climate Change Economics and Policy (CCCEP) ended in December 2023. All CCCEP publications are available on this legacy website. Any new outputs will be uploaded to the site between 2024 and 2028.
Empirical evaluation of policies to mitigate climate change has been largely confined to the application of discounted utilitarianism (DU). DU is controversial, both due to the conditions through which … read more »
Working paper by Antoine Dechezleprêtre, Raphael Calel on 1 Mar 2012
This paper was updated in February 2013 This paper investigates the impact of the EU Emissions Trading Scheme (EU ETS)on technological change. We exploit installations-level inclusion … read more »
Market mechanisms are increasingly being used as a tool for allocating somewhat scarce but unpriced rights and resources, and the European Emission Trading Scheme is an example. By means … read more »
In principle, linking emission trading schemes would favour the depletion of low-cost abatement opportunities that are geographically spread over the globe. However, this would only be possible if the … read more »
Financial crises and contagion have highlighted the need for safe haven assets. However, their existence, role and interactions are not well understood. We analyze the two most prominent yet … read more »
Carbon pricing, whether through emissions trading or taxes which discourage high-carbon behaviour, should be a fundamental pillar of policies designed to mitigate climate change. Nevertheless, successful implementation of pricing schemes … read more »
Gouldson, A., and Sullivan, R. November 2011. Climate Change and the Crisis of Capitalism: a chance to reclaim, self, society and nature (Mark Pelling, David Manuel-Navarrete, Michael Redclift [eds.]). Routledge.
Market-based instruments are widely used to encourage innovation and investment in cleaner technologies. Using a simple analytical framework and graphical representations, this paper provides a theoretical … read more »
The Grantham Research Institute for Climate Change and the Environment and the Centre for Climate Change Economics and Policy (CCCEP) have published a policy paper, originally commissioned as a working … read more »
This note considers the treatment of risk and uncertainty in the recently established ‘social cost of carbon’ (SCC) for analysis of federal regulations in the United … read more »