Publications
An issue of trust: state corruption, responsibility and greenhouse gas emissions
Climate change is increasingly seen to raise difficult normative issues. To date, cumulative emissions have been disproportionately from the developed world, while the consequences of climate change are anticipated … read more »
Why is the USA so energy intensive? Evidence for US multinationals in the UK
At present the USA is, in per capita terms, the top greenhouse gas polluter among the world’s major economies. This is mirrored by the high-energy intensity … read more »
What drives the international transfer of climate change mitigation technologies? Empirical evidence from patent data
Using patent data from 66 countries for the 1990–2003 period, we characterise the factors that promote or hinder the international diffusion of climate-friendly technologies on a global scale read more »
From efficiency to justice: utility as the informational basis of climate change strategies, and some alternatives
The aim of this paper is to consider, from an ethical point of view, the role that economics should play in evaluating climate change strategies. Economics has … read more »
Deciding our future in Copenhagen: will the world rise to the challenge of climate change?
Nicholas Stern The United Nations Climate Change Conference in Copenhagen begins on 7 December and we can see the outline of a global agreement emerging. However, the crucial specifics of … read more »
Mitigating climate change through reductions in greenhouse gas emissions: the science and economics of future paths for global annual emissions
Mitigating climate change through reductions in greenhouse gas emissions: the science and economics of future paths for global annual emissions read more »
Action and ambition for a global deal in Copenhagen
This paper sets out an assessment of the latest national positions regarding emission reduction targets and actions going into the forthcoming negotiations in Copenhagen. These targets and intentions are quantified … read more »
Investigating the potential for marine resource protection through environmental service markets: an exploratory study from La Paz Mexico
Marine Protected Areas (MPAs) have long been advocated as effective management vehicles for promoting long-term conservation of marine resources and biodiversity. However MPAs are failing in their conservation goals, … read more »
Pricing and hedging in carbon emission markets
We propose a model for trading in emission allowances in the EU Emission Trading Scheme (ETS). Exploiting an arbitrage relationship we derive the spot prices of carbon allowances given … read more »
Properly designed emissions trading schemes do work!
Emissions trading markets have been touted as the most efficient mechanism to achieve environmental goals at least cost. Whether in the form of voluntary markets or … read more »
