Because most countries, institutions, companies and individuals will continue to generate greenhouse gas emissions through their activities even as the world decarbonises, many compensate for these ‘residual’ emissions by purchasing carbon credits – commonly known as ‘offsetting’ emissions. Read more
This paper explores people's willingness to reduce travel consumption in support of the transition to a low-carbon pathway beyond COVID-19, using new survey data from UK car drivers and air travellers. Read more
The emissions reductions targets so far set by the oil and gas sector are well off track to keep global... Read more
Recent analysis by the Grantham Research Institute for the Transition Pathway Initiative shed light on how ambitious the recent emissions targets set by the six largest European oil and gas majors really are. Here, the authors summarise the findings. Read more
How much progress are companies really making on climate change and to what extent are they on course to deliver the goals of the Paris Agreement on climate change? This commentary highlights the main findings from the new report from the investor-backed Transition Pathway Initiative. Read more
Dimitri Zenghelis explains why the British Chancellor’s assertion that a net-zero economy in the UK will cost more than £1 trillion by 2050 is simply wrong. Read more
This June, South Africa’s much-delayed carbon tax is due to be implemented, to include a new levy on petrol and diesel. Patrick Curran contests that changing consumer behaviour and reducing emissions will be very difficult without investment in viable transport alternatives – and development of a wider suite of policies to cut emissions. Read more
At 11 o’clock this morning thousands of school students in the UK walked out of their lessons to demand increased... Read more
The authors of this comment respond to a recent argument put forward by Lemoine and Rudik (2017), that it is efficient to delay reducing carbon emissions because there is substantial inertia in the climate system. Mattauch et al. show that there is no such inertia, which means there is no lag between carbon emissions and warming. Read more
This analysis investigated three international agreements to mitigate cross-border environmental pollution and found them to have directly led to sizeable reductions in pollutants. The findings suggest that protocols of this kind can be an effective tool to induce countries to reduce their emissions. Read more
