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
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 Xinlu Sun, Zhifu Mi on 2 Dec 2022
In this paper the authors review determinants of carbon emissions in China since 2002, specifically assessing the impact of COVID-19, to determine whether any structural changes that have taken place will have significant impacts on the economy and low-carbon transition.
Net zero transition plans can provide additional dynamic instrument for financial supervisors to assess and address financial risks. This report provides steps towards incorporating transition plans into prudential supervision.