The authors of this paper present an alternative approach to determining the Social Cost of Carbon (SCC) that takes as given the objectives of the Paris Agreement and the Biden administration’s commitment to the US reaching net-zero emissions by 2050. Read more
In a joint statement about the announcement today (19 February 2021) by the White House’s Council on Environmental Quality that it has... Read more
Advice to the Biden administration as it seeks to account for mounting losses from storms, wildfires and other climate impacts.... Read more
On February 15th in a public lecture hosted by the Grantham Research Institute on Climate Change and the Environment renowned climate... Read more
Two of the world’s leading economists have today (February 15th) warned that an under-estimation of the value of the social... Read more
Commenting on the outcome of the 2020 US presidential election, Professor Lord Nicholas Stern, chair of the Grantham Research Institute... Read more
An Anglo-American group of top climate economics and policy experts have urged the world’s second largest emitter of greenhouse gases,... Read more
This report investigates whether the evidence supports the reasons given by the Trump Administration to justify its decision to withdraw the United States from the 2015 Paris Agreement on climate change, and concludes that the decision is irrational and does not promote the best interests of the American people. Read more
The US Government initiated withdrawal from the Paris Agreement in November 2019, with completion scheduled one year on, for 4 November 2020. This policy brief examines the economic case for the United States to continue its participation in the Paris Agreement on climate change. Read more
The authors of this paper show that while a convergence towards relatively high carbon prices is more than welcome from a climate perspective, central banks and other agencies responsible for financial stability may need to play close attention to such development. Read more
