Kamya Choudhary outlines the consequences of over-production and waste from the fast fashion industry and how policymakers and consumers in the UK can help the industry move towards a more sustainable model. Read more
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When free markets do not maximise society’s welfare, they are said to ‘fail’ and policy intervention may be needed to... Read more
What is meant by ‘stock’ and ‘flow’? Economists often describe climate change as a ‘stock-flow’ problem. This refers to the fact that... Read more
What role do forests play in the carbon cycle and climate change? Combined with the sun’s energy, the carbon captured... Read more
Shifts in the number, severity and location of extreme weather events are among the most important impacts of climate change.... Read more
The ‘polluter pays’ principle is the commonly accepted practice that those who produce pollution should bear the costs of managing... Read more
As protecting forests are key to tackling climate change, a family of policies known as ‘reducing emissions from deforestation and degradation’ (REDD) were designed to provide financial incentives to maintain and increase, rather than reduce, forest cover globally. Read more
The 2008 Climate Change Act introduced an ambitious legally binding commitment to reduce the UK’s greenhouse gas emissions by at... Read more
Which is better: carbon tax or cap-and-trade? Read more