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Searching for carbon leaks in multinational companies

a working paper by Antoine Dechezleprêtre, Caterina Gennaioli, Ralf Martin, Mirabelle Muûls, Thomas Stoerk 5 days ago

This paper examines whether the European Union Emissions Trading System (EU ETS) has led companies to shift the location of production, thereby creating carbon leakage. read more »


Intertemporal emissions trading and market design: an application to the EU ETS

Intertemporal emissions trading and market design: an application to the EU ETS

a working paper by Simon Quemin, Raphaël Trotignon 13 days ago

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 »


Steering the climate system: an extended comment

a 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 18 days ago

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 »


Pigou pushes preferences: decarbonisation and endogenous values

a working paper by Linus Mattauch, Cameron Hepburn, Nicholas Stern about 1 month ago

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 »


Strategic implications of counter-geoengineering: clash or cooperation?

Strategic implications of counter-geoengineering: clash or cooperation?

a working paper by Daniel Heyen, Joshua Horton, Juan Moreno-Cruz about 1 month ago

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 »


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Remarks from Eddie Bernice Johnson (Ranking Member of the House Committee on Science, Space, and Technology)

a policy publication about 1 month ago

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 »


Letter from Bob Ward to Congresswoman Eddie Bernice Johnson (Ranking Member US House Committee on Science, Space and Technology)

a policy publication about 1 month ago

In this letter Bob Ward invites the Congresswomen to support efforts by American climate researchers to engage with polticians on climate change.


Climate change and the just transition – A guide for investor action

a policy publication by Nick Robins, Vonda Brunsting, David Wood about 2 months ago

A ‘just transition’ for workers and communities as the world’s economy responds to climate change was included within the Paris Agreement. This guide sets out how investors can address the social dimension of climate change and pursue the goal of a just transition as part of their core operating practices. read more »


Sustainable growth in the UK: Seizing opportunities from technological change and the transition to a low-carbon economy

a policy publication by James Rydge, Ralf Martin, Anna Valero about 2 months ago

This special report for the LSE Growth Commission shows why it is sensible for environmental sustainability to be at the heart of the UK’s growth strategy and how this can be achieved, setting out recommendations for government across the areas of innovation, infrastructure, skills and cities. read more »


Mexico’s General Law on Climate Change: Key achievements and challenges ahead

a policy publication by Alina Averchenkova, Sandra L Guzman Luna about 2 months ago

In 2012 Mexico became the first large oil-producing emerging economy to adopt climate legislation. This study assesses the impact of the General Law on Climate Change to date and draws lessons learnt for Mexico and other countries that are currently developing climate change legislation. read more »


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Sustainable finance in troubling times: five actions to prevent market turbulence turning into a crisis

a commentary by Nick Robins 13 days ago

Sustainable finance ended 2018 on a high. Never before has so much capital been committed to integrating environmental, social and governance factors. But financial markets also entered an unnerving cycle. If we are not careful, growing financial turbulence could divert attention away from the urgent need to scale up investment in climate action and sustainable development, writes Nick Robins. read more »


Are smart meters good for UK households?

Are smart meters good for UK households?

a commentary by Greer Gosnell, Daire McCoy 13 days ago

How realistic are the predicted savings to household energy bills from installing a smart meter? And how robust is the evidence behind the figures? Greer Gosnell and Daire McCoy investigate, in the second of two posts on smart meters. read more »


Another humiliation for British climate change deniers and their promoters in the media

a commentary by Bob Ward 13 days ago

‘The Daily Telegraph’ has been forced today to publish corrections to an error-filled article about climate and energy policy by the newspaper’s former editor after it was ruled to be … read more »


Why the UK’s smart meter rollout needs to be smarter

Why the UK’s smart meter rollout needs to be smarter

a commentary by Greer Gosnell, Daire McCoy 14 days ago

With recent reports criticising the UK Government’s rollout of its smart meter implementation programme, Greer Gosnell and Daire McCoy review the costs and benefits and call for a revamp, particularly of consumer engagement. read more »


A Nobel Prize for the creator of an economic model that underestimates the risks of climate change

A Nobel Prize for the creator of an economic model that underestimates the risks of climate change

a commentary by Bob Ward 20 days ago

The 2018 Nobel Prize for Economics has focused a spotlight on the ongoing controversy surrounding estimates of the potential impacts of climate change. On 8 October, The Royal Swedish Academy … read more »


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