This paper analyses the dynamic interaction between diverse expectations, investment decisions and climate change mitigation policymaking, exploring how firms invest in low or high carbon capital depending on their beliefs about future carbon prices. Read more
This report rethinks basic issues in economics in describing a new development strategy for China, focusing on theories of value, the definition and measurement of wellbeing and wealth, and analytical frameworks for individual and collective behaviour. It sets out guiding principles and actions to reshape key sectors. Read more
This submission to the UK ETS Authority consultation on ‘Developing the UK Emissions Trading Scheme (ETS)’ provides evidence on implementing a net zero consistent ETS cap, Free Allocation policy, the expansion of the UK ETS to additional sectors, and incorporating greenhouse gas removal into the scheme. Read more
This article examines the impact of climate policy-induced changes in consumers’ preferences. Read more
A new report from Energy Systems Catapult and the Grantham Research Institute on Climate Change and the Environment has found that while the UK Emissions Trading Scheme (ETS) could provide the backbone of an enduring economy-wide framework for reaching net zero, expanding it too early to sectors not yet covered risks undermining the scheme. Read more
This report provides insights to inform the UK Government’s review on expansion of the UK Emissions Trading Scheme, focusing on three sectors that might fall within the scope of future policy changes. Read more
This paper examines whether the European Union Emissions Trading System (EU ETS) has led companies to shift the location of production, thereby creating carbon leakage. Read more
Building on the outcomes of COP26 will be critical to achieving a sustainable financial system, say Nick Robins and Danae Kyriakopoulou, as they highlight 10 areas of opportunity to be seized this year. Read more
In this interview for a Greek national TV evening news programme, Danae Kyriakopoulou discusses the energy transition in Europe, carbon pricing, and the distribution. Read more
