In this paper the authors develop and implement a new method for identifying ‘wasted’ subsidies, and use it to provide systematic evidence on the misallocation of carbon offsets in the Clean Development Mechanism, the world’s largest carbon offset programme.
Working paper by Elizabeth Baldwin, Yongyang Cai, Karlygash Kuralbayeva on 19 Jan 2018
To achieve the goals of the Paris Agreement, the use of fossil fuels must peak and then rapidly decline. This research investigates the impact of climate change policy on capital invested in fossil fuel power plants, especially coal – so-called ‘dirty’ assets. read more »
Policy publication by Maria Carvalho, Baran Doda, Sam Fankhauser on 5 Dec 2017
This brief summarises the final findings and recommendations from the Statkraft research programme exploring key issues in the EU’s transition to a low-carbon economy, focusing on the power sector and sectors that fall outside the EU emissions trading system. read more »
Working paper by Paolo Falbo, Cristian Pelizzari, Luca Taschini on 20 Jul 2016
We investigate the combined effect of an Emission Trading System (ETS) and renewable energy sources on electricity generation investment in energy-only markets. We propose a simple representation of the capacity … read more »