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.
Abstract of Working Paper 32 It is vitally important to identify agro-ecosystems that may cease functioning due to changing climate or land degradation. However, identifying such systems is confounded on both conceptual and methodological grounds, especially in systems that are moving towards thresholds, a common trait of dryland environments. We explore these challenges by analysing […]
Carter (2008) notes that for climate change “sound science [sic] understanding is an essential prerequisite to any meaningful economic analysis”. Unfortunately, his paper contains serious and … read more »
Opportunistic behaviour due to incomplete contract enforcement is a risk in many economic transactions, such as forest carbon sequestration contracts. In this paper, an enforcement-proof incentive … read more »
We examine the key design mechanisms of existing and proposed cap-and-trade markets. First, it is shown that the hybrid systems under investigation (price floor using a … read more »
We review fundamental concepts in environmental economics and explore theoretical results regarding the choice of the key policy instruments for the control of externalities: taxes, subsidies … read more »
Climate change is one of the most significant challenges we face. It will impact the UK population, environment and economy in many ways; including health, water supplies, food, … read more »
In this essay I discuss the role of cooperation in the process of innovation. I argue for a reorientation of the way we conceptualize economic behaviour, taking account of … read more »
There is an increasing demand for putting a shadow price on the environment to guide public policy and incentivize private behaviour. In practice, setting that price can be extremely … read more »