Working paper by Baran Doda, Simon Quemin, Luca Taschini on 27 Feb 2019
A patchwork of emissions trading systems (ETSs) currently operate in several jurisdictions, including the EU, Switzerland, South Korea and several US states and Canadian provinces. China has also been experimenting with emissions trading in seven provinces and cities and is setting up a national system that will be much larger than the current largest system, […]
Working paper by Suchita Srinivasan, Stefano Carattini on 8 Feb 2019
This paper investigates the role of ‘social spillovers’ – people learning from and imitating the behaviour of other people – in the adoption of new technologies, with a focus on liquefied petroleum gas (LPG) in India. The conclusions are important for policymakers seeking to hasten the switch to cleaner energy sources in developing countries. read more »
Policy publication by Nick Robins, Andy Gouldson, William Irwin, Andrew Sudmant on 4 Feb 2019
This report explores the extent of the challenge to ensure that action on climate change supports an inclusive economy in the UK, efforts that are already underway, and what actions investors can take. It includes a regional case study of Yorkshire and the Humber.
Research article by Michal Nachmany on 31 Jan 2019
The past two decades have witnessed a proliferation of transnational networking initiatives aimed at addressing climate change. Previous work has suggested that these initiatives largely achieve their governance functions … read more »
Working paper by Simon Quemin, Raphaël Trotignon on 15 Jan 2019
The authors of this paper develop a model to assess the market stability reserve, a key feature of reforming the European Union’s emissions trading system (EU ETS), concluding that it is successful in raising the allowance price, but is limited in its ability to improve the system’s resilience to allowance demand shocks. read more »
Working paper by Linus Mattauch, Richard Millar, Frederick van der Ploeg, Armon Rezai, Anselm Schultes, Frank Venmans, Nico Bauer, Simon Dietz, Ottmar Edenhofer, Niall Farrell, Cameron Hepburn, Gunnar Luderer, Jacquelyn Pless, Fiona Spuler, Nicholas Stern, Alexander Teytelboym on 4 Jan 2019
The authors of this comment respond to a recent argument put forward by Lemoine and Rudik (2017), that it is efficient to delay reducing carbon emissions because there is substantial inertia in the climate system. Mattauch et al. show that there is no such inertia, which means there is no lag between carbon emissions and warming. read more »
Working paper by Linus Mattauch, Cameron Hepburn, Nicholas Stern on 17 Dec 2018
This paper explores the relationship between carbon prices and policies that change consumers’ preferences, concluding that taking the effects into account in economic models would enhance understanding of climate change mitigation policy, facilitating the transition to a low-carbon economy. read more »
Working paper by Daniel Heyen, Joshua Horton, Juan Moreno-Cruz on 14 Dec 2018
This research finds that the presence of counter-geoengineering would make the risk of unilateral action to cool the climate using solar geoengineering less likely, but not always with benign effects. read more »
Working paper by Misato Sato, Aurélien Saussay on 11 Dec 2018
The results of this paper show that upon deciding to invest, firms are attracted to regions that have lower energy prices. This supports arguments for better targeting leakage prevention measures to complement carbon pricing for energy-intensive industrial activities. read more »
Policy publication by on 10 Dec 2018
Remarks from Eddie Bernice Johnson (Ranking Member of the US Congressional House Committee on Science, Space, and Technology) to the Fall Meeting of the American Geophysical Union Communicating Climate Change: … read more »
