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Lessons from energy history for climate policy: Technological change, demand and economic development

a research article by Roger Fouquet  28 September, 2016

This paper draws lessons from long run trends in energy markets for energy and climate policy. An important lesson is that consumer responses to energy markets change with economic … read more »


The economics of the EU ETS market stability reserve

The economics of the EU ETS market stability reserve

a research article by Cameron Hepburn  28 September, 2016

Cameron Hepburn, Karsten Neuhoff, William Acworth, Dallas Burtraw, Frank Jotzo. Journal of Environmental Economics and Management, Volume 80, November 2016, Pages 1–5.


Domestic politics and the formation of international environmental agreements

Domestic politics and the formation of international environmental agreements

a research article by Carmen Marchiori, Simon Dietz, Alessandro Tavoni  25 September, 2016

We investigate the effect of domestic politics on international environmental policy by incorporating into a classic stage game of coalition formation the phenomenon of lobbying by special-interest groups. In … read more »


Giles Atkinson

Asset accounting, fiscal policy and the UK’s oil and gas resources, past and future

a working paper by Giles Atkinson  23 September, 2016

Evidence that the UK may possess sizable resources of shale gas and oil has instigated a debate about whether a sovereign wealth fund would be an effective way to use tax revenues from their exploitation. Analysis in this paper explores the implications the sovereign wealth fund model for managing past and future UK oil and gas resources. read more »


Submission to the inquiry by the Energy and Climate Change Committee inquiry on ‘Leaving the EU: implications for UK climate policy’

a policy publication by Baran Doda, Luca Taschini  22 September, 2016

This submission explores whether the UK should seek to stay in or leave the EU emissions trading system (EU ETS) as part of Brexit negotiations. It finds that leaving the EU ETS would result in the UK losing access to low-cost emission reduction opportunities that are only available in what is currently the world’s largest carbon market. It also highlights that leaving the EU ETS to link with other existing or planned emissions trading systems could generate significant administrative costs that potentially offset any economic benefits. read more »


A Fit-for-Purpose Energy Policy for the European Union

A Fit-for-Purpose Energy Policy for the European Union

a policy publication by Maria Carvalho, Sam Fankhauser, Samuela Bassi  21 September, 2016

Presentation to the British Institute of Energy Economics Conference in Oxford on 21 September 2016.


Reserves and trade jointly determine exposure to food supply shocks

Reserves and trade jointly determine exposure to food supply shocks

a research article by Alessandro Tavoni  14 September, 2016

While a growing proportion of global food consumption is obtained through international trade, there is an ongoing debate on whether this increased reliance on trade benefits or hinders food security, and specifically, the ability of global food systems to absorb shocks due to local or regional losses of production. This paper introduces a model that simulates the short-term response to a food supply shock originating in a single country.
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The Economics of Climate-Resilient Development

a book by Sam Fankhauser, Tom McDermott  8 September, 2016

Some climate change is now inevitable and strategies to adapt to these changes are quickly developing. The question is particularly paramount for low-income countries, which are likely to be most … read more »


Insurance Instruments for Climate-resilient Development

Insurance Instruments for Climate-resilient Development

a research article by Swenja Surminski  8 September, 2016

In Fankhauser, S. and McDermott, T., eds. Economics of Climate Resilient Development. Edward Elgar.


Luca Taschini

Emissions trading systems with cap adjustments

a working paper by Luca Taschini, Sascha Kollenberg  5 September, 2016

This working paper analyses the design of the market stability reserve proposed as part of the reform of the European Union emissions trading system. read more »