Publications

A case study of water resource management in South West England. Modelling the Impact of Climate Change on Water Resources
Description The quantitative assessment of the impact of climate change on water availability and water resources management requires knowledge of climate, hydro(geo)logical and water resources models, and particularly the relationships … read more »

Emerging approaches to climate risk management. Modelling the Impact of Climate Change on Water Resources
Description The quantitative assessment of the impact of climate change on water availability and water resources management requires knowledge of climate, hydro(geo)logical and water resources models, and particularly the relationships … read more »

A trend analysis of normalized insured damage from natural disasters
As the world becomes wealthier over time, inflation-adjusted insured damages from natural disasters go up as well. This working paper analyses whether there is still a … read more »

International climate policy after Copenhagen: Towards a ‘building blocks’ approach
This article reviews the options for future international climate policy after the 2009 Copenhagen conference. It argues that a major reassessment of the current approach to building a climate … read more »

Cap-and-trade properties under different hybrid scheme designs
This paper examines the key design mechanisms of existing and proposed cap-and-trade markets. First, it is shown that the hybrid systems under investigation (price floor using a minimum price … read more »

Storage costs in commodity option pricing
Unlike derivatives of financial contracts, commodity options exhibit distinct particularities owing to physical aspects of the underlying. An adaptation of no-arbitrage pricing to this kind of derivative turns out … read more »

Public attitudes towards and demand for hydrogen and fuel cell vehicles: A review of the evidence and methodological implications
It is now widely recognized that effective communication and demand-side policies for alternative energy require sound knowledge of preferences and determinants of demand of the public and consumers. To … read more »

New rules, new politics, same actors: explaining policy change in the EU ETS
The allocation rules for phase one EU ETS emissions permits demonstrates that energy generators were lobbying winners because they successfully blocked differential treatment (rules) from energy … read more »

China’s growth, China’s cities, and the new global low-carbon industrial revolution
Unless the world embarks now on a new energy and industrial revolution it will be very difficult to manage the huge risks of climate change. Business-as-usual for the next few … read more »

Market and policy driven adaptation: an alternative perspective
The policy debate on climate change distinguishes two generic response options. The first (and more prominent) option is mitigation. Mitigation addresses the causes of climate change by reducing the … read more »


