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 paper empirically estimates the material demand requirements for so-called ‘transition-critical materials’ (TCMs) implied under two climate scenarios and finds potentially serious supply ‘bottlenecks’ for three materials – copper, lithium and nickel – which are exacerbated if the transition is delayed. Read more
New research from the Transition Pathway Initiative Global Climate Transition Centre (TPI Centre) shows that 51% of the world’s biggest publicly listed energy companies are failing to disclose a decarbonisation strategy that sets out how they intend to meet their long and medium-term targets for reducing greenhouse gas emissions. Read more
This independent report sets out a rationale and possible design of a Climate Club, taking its point of departure from the June 2022 G7 Leaders’ Statement on Climate Club. Read more
Assessing the cost of climate change mitigation Economists continue to model the scale of investment required to reduce global greenhouse... Read more
What is the potential for using hydrogen in mitigating climate change? Hydrogen is a versatile fuel. It can be moved... Read more
This report examines how-well placed the UK is to make the required investments for a successful net-zero transition, and the wider economic impact those investments might have. Read more
The authors of this chapter review the UK’s emissions performance so far and sketch out the main measures needed to implement the legislated emissions path. They then highlight four strategic interventions that could help to unlock those changes. Read more
