Publications

Climate engineering reconsidered
Stratospheric injection of sulphate aerosols has been advocated as an emergency geoengineering measure to tackle dangerous climate change, or as a stop-gap until atmospheric carbon dioxide levels are reduced. But it may not prove to be the game-changer that some imagine. read more »

Evidence on business cycles and CO2 emissions
CO2 emissions and GDP move together over the business cycle. Most climate change researchers would agree with this statement despite the absence of a study that formally analyzes the relationship between emissions and GDP at business cycle frequencies. The paper provides a rigorous empirical analysis of this relationship in a comprehensive cross-country panel by decomposing the emissions and GDP series into their growth and cyclical components using the HP filter. read more »

Long run demand for energy services: income and price elasticities over 200 years
Data Set on the Consumption of Energy and Energy Services (1300-2008). Fouquet, R. (2014) Review of Environmental Economics and Policy 8(2).
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Natural capital accounting and climate change
Governments and businesses are beginning to account for natural capital, but must collaborate to promote sustainability, combat climate change and improve decision-making. read more »

The structural shift to green services: A two-sector growth model with public capital and open-access resources
An expansion of economic activities with low impact on ecological resources is a crucial component of the transition to a low-carbon society. “Green” structural change is analysed here through a model with a “progressive” manufacturing sector and a “stagnant” service sector. read more »

Product level embodied carbon flows in bilateral trade – includes dataset
As increasingly complex modelling approaches to quantifying embodied carbon in trade have become popular, the lack of disaggregation has been identified as a key weakness. This paper quantifies embodied carbon in bilateral trade at the product level. read more »

Private-sector role in reducing emissions
Alina Averchenkova presented at the 3rd meeting of the Durban Forum on Capacity-building at the Bonn Climate Change Conference on 12 June 2014. Alina’s presentation focused on the experience with … read more »

Endogenous growth, convexity of damages and climate risk: how Nordhaus’ framework supports deep cuts in carbon emissions
Endogenous growth, convexity of damages and climate risk: how Nordhaus’ framework supports deep cuts in carbon emissions read more »




