Optimal climate policy as if the transition matters

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.

Market failures and willingness to accept the smart energy transition: Experimental evidence from the UK

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

Fighting climate change: international attitudes towards climate policies

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.

Factors driving China’s carbon emissions after the COVID-19 outbreak

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.