Working paper by Alexander Blasberg, Rüdiger Kiesel, Luca Taschini on 27 Jan 2023
In this paper the authors use Credit Default Swap (CDS) spreads to construct a forward-looking, market-implied carbon risk factor and study how, where and when carbon risk affects firms’ creditworthiness by examining whether firms’ exposure to carbon risk is reflected in the market prices of their CDS contracts.
Policy publication, Working paper by Misato Sato, Aurélien Saussay, Francesco Vona, Leo Mercer on 23 Jan 2023
This report provides a detailed characterisation of low-carbon jobs from the last decade in the United States and the United Kingdom, bringing new evidence to support policy discussions.
Working paper by Ben Filewod, Geoff McCarney on 12 Jan 2023
To help nature-based offsets reach their potential for climate change mitigation, this working paper proposes an alternative approach to managing the issue of market leakage.
Working paper by Frederick van der Ploeg, Johannes Emmerling, Ben Groom on 10 Jan 2023
This paper investigates just how important intrageneration inequality is for the social cost of carbon, compared to intergenerational inequality and macroeconomic uncertainty.
Research article by Niall McLoughlin, Candice Howarth, Ganga Shreedhar on 9 Jan 2023
This review focuses on how insights from behavioral and attitudinal studies about heat risk responses can inform communication approaches.
Working paper by Pia Andres on 9 Jan 2023
This paper explores how rethinking the global environmental trade agreement could produce long-term benefits, for example by allowing laggard countries to catch up with those more advanced in producing clean energy technologies
Working paper by Emanuele Campiglio, Simon Dietz, Frank Venmans on 14 Dec 2022
How best to make the transition from a high- to low-carbon economy remains open for debate, involving complex dynamics that go beyond basic models of emissions abatement. It is these dynamics that the authors aim to analyse with the model they develop in this paper, showing that it is optimal to repurpose and strand a substantial amount of capital.
Research article by Greer Gosnell, Daire McCoy on 13 Dec 2022
This research uses a novel experiment to elicit the willingness to accept of 2,430 nationally representative UK households for smart meter installation. Randomized information treatments allow for assessment of the impact on adoption and willingness to accept of oft-cited market failures, namely imperfect information asymmetries and diffusion externalities
Working paper by Simon Dietz, Bruno Lanz on 6 Dec 2022
As the climate is changing, the global economy is adapting. This paper provides a novel method of estimating how much…
Working paper by Antoine Dechezleprêtre, Adrien Fabre, Tobias Kruse, Bluebery Planterose, Ana Sanchez Chico, Stefanie Stantcheva on 2 Dec 2022
This paper seeks to understand what drives support for or opposition to climate policies across the world. Evidence from an international survey reveals three key factors influence attitudes.
