Empirical analysis of policy impact

Part of Research Programme 3|

Topic lead: Antoine Dechezlepretre|

This research topic uses micro-econometric techniques to assess the effectiveness of climate policies and their impact on firms.

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Since around 1990, several countries have introduced policies explicitly designed to reduce greenhouse gas emissions and related pollution. Yet the empirical assessment of policies has lagged behind the policy innovations.

Careful microeconomic analysis is needed to investigate their impact. Where this has been carried out, the results have been striking.

For the UK, more microeconomic evidence about the impacts of the EU ETS and the Renewables Obligation is desirable.

Photograph of telephone cables