Skip to main content
4Dec

The carbon problem

Hosted by the the Financial Markets Group (FMG)
In-person public event (Sheikh Zayed Theatre, Cheng Kin Ku Building)
Thursday 4 December 2025 6.30pm - 7.35pm

Join us for the third lecture in the Sir Oliver Hart Lecture Series where Lubos Pastor will discuss the economic dimension of carbon emissions.

The concentration of greenhouse gases in the atmosphere continues to rise. How large are the economic costs of carbon emissions, and how can humanity reduce them? This lecture will examine the role of sustainable finance in addressing these challenges, with particular attention to its various forms and implications for investors.

Meet our speaker and chair

Lubos Pastor is Charles P. McQuaid Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. He also serves as president of the European Finance Association and board member of the Fama-Miller Center for Research in Finance. Outside academia, he serves on the board of directors of Vanguard, the advisory board of the Andersen Institute for Finance & Economics, and the CRSP Index Advisory Council. He has served as president of the Western Finance Association, director of the American Finance Association, director of the Center for Research in Security Prices, board member of the National Bank of Slovakia, and associate editor of the Journal of Finance, Journal of Financial Economics, and the Review of Financial Studies.

Professor Pastor’s research focuses mostly on financial markets and investment management. His articles have appeared in the American Economic Review, Journal of Finance, Journal of Financial Economics, Journal of Monetary Economics, Journal of Political Economy, Review of Financial Studies, and other outlets. His research has been awarded four Fama/DFA Prizes, two Smith Breeden Prizes, AQR Insight Award, Barclays Global Investors Prize, BlackRock Research Award, Goldman Sachs Asset Management Prize, Moskowitz Prize, NASDAQ Award, QMA Award, Q Group Award, and the Ross Prize. He has been teaching at Chicago Booth since 1999 when he obtained a Ph.D. in finance from the Wharton School at the University of Pennsylvania.

Amil Dasgupta has been Professor of Finance at LSE since 2016. He is Director of the Financial Markets Group and Academic Director of the Sustainable Finance Initiative within the Global School of Sustainability. He has a distinguished research track record in the areas of financial markets, institutional investors, and corporate governance and regularly publishes in top academic journals. He is a Research Member at the European Corporate Governance Institute, research advisor to the Reserve Bank of India, and academic visitor to the Bank of England.

More about this event

The Financial Markets Group (@FMG_LSE) is a leading centre for research into financial markets. Research at the FMG examines how stable and efficient the financial system is, how it supports the real economy, and what policy measures can generate improvements in these dimensions.

Whilst we are hosting this listing, LSE Events does not take responsibility for the running and administration of this event. While we take responsible measures to ensure that accurate information is given here this event is ultimately the responsibility of the organisation presenting the event.

Any questions?

If you have a query see our Events FAQ or take a look at the information below.

You can also contact us at fmg.isf@lse.ac.uk.

From time to time there are changes to event details so we strongly recommend that if you plan to attend this event you check back on this listing on the day of the event.

LSE holds a wide range of events, covering many of the most controversial issues of the day, and speakers at our events may express views that cause offence. The views expressed by speakers at LSE events do not reflect the position or views of the London School of Economics and Political Science.