This paper simulates the distributional consequences of alternative carbon emission reduction policies on power producers and finds that that a carbon tax outperforms all other instruments and does not reduce the profits of carbon-free generators. Read more
Energy is needed for economic growth, and access to cheap, reliable energy is an essential development objective. However, in the... Read more
It is vitally important that the public debate about the UK’s options for managing the risks of climate change is... Read more
The COP-21 meeting in Paris produced an important result. For the first time all countries developed and developing agreed to take... Read more
Lord Stern responds to a pledge made by 20 countries to double government investment in clean energy innovation to US$20 billion over five years. Read more
There is a danger that the current tinkering to subsidies and taxes affecting renewables in the UK will result in incoherence that will hinder efforts to reduce greenhouse gas emissions. Read more
The longer governments wait to promote clean energy innovation, the greater the eventual cost to the environment and the economy,... Read more
Executive summary The British Feed-in Tariff (FiT) scheme, which launched in April 2010, pays £500 million each year to the... Read more
Private investors need to be persuaded to spend billions of pounds to create a cleaner and more efficient power sector... Read more
Briefing note The Climate Change Act received Royal Assent on 26 November 2008 and set an overarching target to reduce UK... Read more
