Hepburn, Cameron


Professor Cameron Hepburn  

Department

Position held

Grantham Research Institute on Climate Change and the Environment

Professorial Research Fellow

Non LSE positions held

Department

Position held

Smith School, University of Oxford

Professor of Environmental Economics

New College, Oxford University

Fellow

The Institute for New Economic Thinking at the Oxford Martin School

Professor of Environmental Economics

Experience keywords:

carbon markets; biodiversity; climate change economics; carbon taxes; environmental economics; emissions trading

Research summary > [Click to expand]

Dr Cameron Hepburn is a Senior Research Fellow at the Grantham Research Institute at the London School of Economics, and a Senior Visiting Fellow at the Smith School at the University of Oxford. He has taught undergraduate, masters and doctoral students in economics and conducts research on the economics of environmental problems, including climate change, and sustainable development.

His research ranges from specific questions within moral and political philosophy to detailed issues of economic policy and business strategy, including the design of emissions trading schemes and their impacts on industrial competitiveness. He is actively involved in public policy and serves as a member of the UK Defra-DECC Academic Panel, and has provided advice to various governments, the OECD and various UN agencies. He wrote two background papers for the Stern Review on the Economics of Climate Change in 2006.

Sectors and industries to which research relates:

EnergyEnvironment

Countries and regions to which research relates:

Australia; China; EU; UK

Languages:

French [Spoken: Fluent, Written: Intermediate]

Media experience:

Has written for mainstream pressRadioTV

Contact Points

LSE phone number:

+44 (0)20 7106 1229

Publications

LSE Research Online, Funnelback Search

2013

Hepburn, Cameron J. and Quah, John K. H. and Ritz, Robert A. (2013) Emissions trading with profit-neutral permit allocations Journal of Public Economics, 98. 85-99. ISSN 0047-2727

Dietz, Simon and Hepburn, Cameron (2013) Benefit-cost analysis of non-marginal climate and energy projects Energy Economics, 40. 61-71. ISSN 0140-9883

Chu, Bing and Duncan, Stephen and Papachristodoulou, Antonis and Hepburn, Cameron (2013) Analysis and control design of sustainable policies for greenhouse gas emissions Applied Thermal Engineering, 53 (2). 420-431. ISSN 1359-4311

Baptist, Simon and Hepburn, Cameron (2013) Intermediate inputs and economic productivity Philosophical Transactions of the Royal Society A: Mathematical, Physical and Engineering Sciences, 371 (1986). 20110565-20110565. ISSN 1364-503X

2012

Hepburn, Cameron and Bowen, Alex (2012) How to get prosperity with growth (green growth that is) European Politics and Policy at LSE (27 Dec 2012) Blog entry

Hepburn, Cameron and Bowen, Alex (2012) How to get prosperity with growth (green growth that is) British Politics and Policy at LSE (18 Dec 2012) Blog entry

Hepburn, Cameron (2012) Including aviation in the EU’s Emissions Trading System will not put airlines out of business LSE European Politics and Policy (EUROPP) Blog (3 Nov 2012) Blog entry

Hepburn, Cameron (2012) The energy mix, carbon pricing and border carbon adjustments Environmental Law and Management , 24 (4). 177-185. ISSN 1067 6058

Helm, Dieter and Hepburn, Cameron and Ruta, Giovanni (2012) Trade, climate change, and the political game theory of border carbon adjustments Oxford Review of Economic Policy, 28 (2). 368-394. ISSN 1460-2121

Helm, Dieter and Hepburn, Cameron (2012) The economic analysis of biodiversity: an assessment Oxford Review of Economic Policy, 28 (1). 1-21. ISSN 0266-903X

Chu, Bing and Duncan, Stephen and Papachristodoulou, Antonis and Hepburn, Cameron (2012) Using economic model predictive control to design sustainable policies for mitigating climate change

2011

Caney, Simon and Hepburn, Cameron (2011) Carbon trading: unethical, unjust and ineffective? Royal Institute of Philosophy Supplement, 69. 201-234. ISSN 1358-2461

Caney, Simon and Hepburn, Cameron (2011) Carbon trading: unethical, unjust and ineffective? Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment working papers, 49. Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment, London, UK.

Frame, David J. and Hepburn, Cameron (2011) Emerging markets and climate change: Mexican standoff or low-carbon race? Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment working papers, 46. Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment, London, UK.

Fankhauser, Samuel and Hepburn, Cameron and Park, Jisung (2011) Combining multiple climate policy instruments: how not to do it Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment working papers, 38. Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment, London, UK.

Duncan, Stephen and Hepburn, Cameron and Papachristodoulou, Antonis (2011) Optimal harvesting of fish stocks under a time-varying discount rate Journal of Theoretical Biology, 269 (1). 166-173. ISSN 0022-5193

2010

Hepburn, Cameron and Müller, Benito (2010) International air travel and greenhouse gas emissions: a proposal for an adaptation levy World Economy, 33 (6). 830-849. ISSN 0378-5920

Hepburn, Cameron and Fankhauser, Samuel (2010) Designing carbon markets, part II: carbon markets in space Energy Policy, 38 (8). 4381-4387. ISSN 0301-4215

Fankhauser, Samuel and Hepburn, Cameron (2010) Designing carbon markets, part I: carbon markets in time Energy Policy, 38 (8). 4363-4370. ISSN 0301-4215

Hepburn, Cameron and Duncan, Stephen and Papachristodoulou, Antonis (2010) Behavioural economics, hyperbolic discounting and environmental policy Environmental and Resource Economics, 46 (2). 189-206. ISSN 0924-6460

Hepburn, Cameron (2010) Environmental policy, government, and the market - special issue, edited by Cameron Hepburn Oxford Review of Economic Policy, 26 (2). 117-284. ISSN 0266-903X

Dietz, Simon and Hepburn, Cameron (2010) On non-marginal cost-benefit analysis Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment, 18. Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment, London, UK.

Frame, David J. and Hepburn, Cameron (2010) An issue of trust: state corruption, responsibility and greenhouse gas emissions Environmental Research Letters, 5 (1). 014004. ISSN 1748-9326

Fankhauser, Samuel and Hepburn, Cameron and Park, Jisung (2010) Combining multiple climate policy instruments: how not to do it Climate Change Economics, 1 (33). 209-225. ISSN 2010-0078

2009

Hepburn, Cameron (2009) Super solution to climate change ABC Environment (18 Dec 2009) opinion

Hepburn, Cameron (2009) Green light for a Keynesian stimulus In: Ceo Today. Sovereign Publications.

Helm, Dieter and Hepburn, Cameron, eds (2009) The economics and politics of climate change Oxford University Press, Oxford, UK. ISBN 9780199573288

Hepburn, Cameron (2009) Carbon taxes, emissions trading and hybrid schemes In: Helm, Dieter and Hepburn, Cameron, (eds.) The Economics and Politics of Climate Change. Oxford University Press, Oxford, UK, 365-384. ISBN 9780199573288

Hepburn, Cameron (2009) International carbon finance and the clean development mechanism In: Helm, Dieter and Hepburn, Cameron, (eds.) The Economics and Politics of Climate Change. Oxford University Press, Oxford, UK, 409-429. ISBN 9780199573288

Helm, Dieter and Hepburn, Cameron (2009) Introduction: the economics and politics of climate change In: Helm, Dieter and Hepburn, Cameron, (eds.) The Economics and Politics of Climate Change. Oxford University Press, Oxford, UK, 1-5. ISBN 9780199573288

Hepburn, Cameron and Stern, Nicholas (2009) The global deal on climate change In: Helm, Dieter and Hepburn, Cameron, (eds.) The Economics and Politics of Climate Change. Oxford University Press, Oxford, UK, 36-57. ISBN 9780199573288

Hepburn, Cameron and Koundouri, Phoebe and Panopoulou, Ekaterini and Pantelidis, Theologos (2009) Social discounting under uncertainty: a cross-country comparison Journal of Environmental Economics and Management, 57 (2). 140-150. ISSN 0095-0696

Fankhauser, Samuel and Hepburn, Cameron (2009) Carbon markets in space and time Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment, 3. Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment, London, UK.

Anthoff, David and Hepburn, Cameron and Tol, Richard S. J. (2009) Equity weighting and the marginal damage costs of climate change Ecological Economics, 68 (3). 836-849. ISSN 0921-8009

Sælen, Håkon and Dietz, Simon and Hepburn, Cameron and Helgeson, Jennifer and Atkinson, Giles (2009) Siblings, not triplets: social preferences for risk, inequality and time in discounting climate change Economics - the Open-Access, Open-Assessment E-Journal, 20 (3). 1-28. ISSN 1864-6042

2008

Hepburn, Cameron (2008) Saving the planet: it's down to business The Sydney Morning Herald (1 Sep 2008) other

Dietz, Simon and Hepburn, Cameron and Stern, Nicholas (2008) Economics, ethics and climate change In: Basu, Kaushik and Kanbur, Ravi, (eds.) Arguments for a Better World: Essays in Honour of Amartya Sen.. Oxford university Press, Oxford, U.K., 19-20. ISBN 13: 978-0-19-923999-3

Helm, Dieter and Hepburn, Cameron (2008) Climate change - special issue, edited by Dieter Helm and Cameron Hepburn Oxford Review of Economic Policy, 24 (2). 211-104. ISSN 0266-903X

Hepburn, Cameron and Stern, Nicholas (2008) A new global deal on climate change Oxford Review of Economic Policy, 24 (2). 259-279. ISSN 0266-903X

2007

Hepburn, Cameron (2007) Response to Defra consultation on voluntary carbon offsets Cameron Hepburn.

Helm, Dieter and Hepburn, Cameron (2007) Carbon contracts In: Helm, Dieter, (ed.) The New Energy Paradigm. Oxford University Press, Oxford, UK, 63-75. ISBN 9780199229703

Beckerman, Wilfred and Hepburn, Cameron (2007) Ethics of the discount rate in the Stern Review on the economics of climate change World Economics, 8 (1). 187-210. ISSN 1468-1838

Hepburn, Cameron (2007) Valuing the far-off future: discounting and its alternatives In: Atkinson, Giles and Dietz, Simon and Neumayer, Eric, (eds.) Handbook of Sustainable Development. Edward Elgar, Cheltenham, UK, 109-124. ISBN 9781843765776

Irons, Ben and Hepburn, Cameron (2007) Regret theory and the tyranny of choice Economic Record, 83 (261). 191-203. ISSN 0013-0249

Hepburn, Cameron and Koundouri, Phoebe (2007) Recent advances in discounting: implications for forest economics Journal of Forest Economics, 13 (2-3). 169-189. ISSN 1104-6899

Hepburn, Cameron (2007) Carbon trading: a review of the Kyoto mechanisms Annual Review of Environment and Resources, 32. 375-393. ISSN 1545-2050

Hepburn, Cameron (2007) Use of discount rates in the estimation of the costs of inaction with respect to selected environmental concerns OECD Papers, 7 (9). 1-42. ISSN 1609-1914

Hepburn, Cameron and Groom, Ben (2007) Gamma discounting and expected net future value Journal of Environmental Economics and Management, 53 (1). 99-109. ISSN 0095-0696

2006

Groom, Ben and Hepburn, Cameron and Koundouri, Phoebe (2006) Implications of declining discount rates for UK climate change policy In: Peace, D., (ed.) Valuing the Environment in Developed Countries. Edward Elgar, Cheltenham, UK. ISBN 9781840641479

Hepburn, Cameron (2006) Regulation by prices, quantities, or both: a review of instrument choice Oxford Review of Economic Policy, 22 (2). 226-247. ISSN 0266-903X

Hepburn, Cameron (2006) Discounting climate change damages: working note for the Stern review Cameron Hepburn.

Müller, Benito and Hepburn, Cameron (2006) IATAL: an outline proposal for an international air travel adaptation levy EV 36. Oxford Institute for Energy Studies, Oxford, UK.

Smale, Robin and Hartley, Murray and Hepburn, Cameron and Ward, John and Grubb, Michael (2006) The impact of CO2 emissions trading on firm profits and market prices Climate Policy, 6 (1). 31-48. ISSN 1469-3062

Hepburn, Cameron and Grubb, Michael and Neuhoff, Karsten and Matthes, Felix and Tse, Maximilien (2006) Auctioning of EU ETS phase II allowances: how and why? Climate Policy, 6 (1). 137-160. ISSN 1469-3062

Guo, Jiehan and Hepburn, Cameron and Tol, Richard S. J. and Anthoff, David (2006) Discounting and the social cost of carbon: a closer look at uncertainty Environmental Science and Policy, 9 (3). 205-216. ISSN 1462-9011

Dietz, Simon and Bowen, Alex and Hepburn, Cameron and Hope, Chris and Ranger, Nicola and Stern, Nicholas (2006) On discounting non-marginal policy decisions and cost-benefit analysis of climate-change policy SSRN Research Paper, 295. Social Science Research Network.

2005

Helm, Dieter and Hepburn, Cameron and Mash, Richard (2005) Credible carbon taxes In: Helm, Dieter, (ed.) Climate Change Policy. Oxford University Press, Oxford, UK, 305-321. ISBN 9780199281459

Ceronsky, Megan and Hepburn, Cameron and Obersteiner, Michael and Yamagata, Yoshiki (2005) Clashing strategic cultures and climate policy Climate Policy, 4 (4). 347-357. ISSN 1469-3062

Groom, Ben and Hepburn, Cameron and Koundouri, Phoebe and Pearce, David (2005) Declining discount rates: the long and the short of it Environmental and Resource Economics, 32 (4). 445-493. ISSN 0924-6460

2003

Pearce, David and Groom, Ben and Hepburn, Cameron and Koundouri, Phoebe (2003) Valuing the future: recent advances in social discounting World Economics, 4 (2). 121-141. ISSN 1468-1838

Helm, Dieter and Hepburn, Cameron and Mash, Richard (2003) Credible carbon policy Oxford Review of Economic Policy, 19 (3). 438-450. ISSN 0266-903X

Mash, Richard and Helm, Dieter and Hepburn, Cameron (2003) Time inconsistent environmental policy and optimal delegation Department of Economics discussion paper series, 175. Department of Economics, Oxford University, Oxford, UK.


Expert Image

Personal website

Awards

Rhodes Scholarship, University of Oxford

Short bio >

Cameron holds degrees in law and chemical engineering from Melbourne University and a MPhil and DPhil in economics from the University of Oxford, where he was a Rhodes Scholar. He is also a Director of Climate Bridge Ltd and of Vivid Economics Ltd


 

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