About Us > Senior staff > CV of Dr Terry Barker
Dr Barker is the Chairman of Cambridge Econometrics, having founded the company in 1985. He is also Senior Departmental Fellow at the Cambridge Centre for Climate Change Mitigation Research (4CMR), Department of Land Economy, University of Cambridge. He is a member of the Editorial Board of Economic Systems Research, the International Journal of Climate Strategies and Management, the International Journal of Global Warming, and the Scientific Advisory Board of the World Wide Views on Global Warming. He was a member of the Scientific Committee of the Climate Change Congress, Copenhagen, March 2009, and was on the Writing Team of the Synthesis Report of the Congress. He received the Distinguished Guest Lecturer Medal for 2008 from the Royal Society for Chemistry, Environmental Chemistry Group.
He was a Co-ordinating Lead Author (CLA) for the the Intergovernmental Panel on Climate Control (IPCC)’s Fourth Assessment Report, 2007, for the chapter on cross-sectoral mitigation. Previously he was CLA in the Third Assessment Report, 2001, taking responsibility for the chapter on the effects of greenhouse gas mitigation policies on the global energy industries. He was a member of the core writing team for the Synthesis Report Climate Change 2001. He contributed to the IPCC's Scoping Meeting for the Fifth Assessment Report, held in Venice 13-17 July, 2009.
From 2000 he instigated and worked on projects building a global E3 model (E3MG) with initial emphasis on modelling the E3 structures of China and Japan. Since 2004 he has been working as member of a UK Tyndall Centre project to develop E3MG as a 20-region world model, designed to analyse GHG mitigation policies under endogenous technological change. He is now leading the research of a team in 4CMR developing and using E3MG for studies of the decarbonisation of the global economy, funded by the Three Guineas Trust, one of the Sainsbury Family Trusts. In the 1990s he was appointed the Project Co-ordinator of the pan-European project developing and applying the E3 model for Europe (E3ME), partly funded by the European Commission, analysing energy and fiscal policies including the equity effects of environmental fiscal reform. Previously he was Principal Investigator on projects funded under the ESRC’s Global Environmental Change Programme ‘Developing an E3 model of the UK economy’ and ‘Greenhouse gas abatement through fiscal policy’; the independent evaluators rated the outcome of the first of these projects as an outstanding contribution to knowledge. He worked with Professor Sir Richard Stone, the Nobel Laureate, in the Department of Applied Economics, becoming the Director of the Cambridge Growth Project 1983-87, a team of 8-10 economists that originally developed the (MDM) structural model of the British Economy.
His current research interests include:
Modelling the costs of decarbonizing the global economy
Real carbon prices, induced technological change, and long-term economic growth
Systematic modeling of policies to achieve the UK 80% CO2 reduction target
Selected recent publications:
- ‘Endogenous money in 21 Century Keynesian economics’, chapter in Philip Arestis and Malcolm Sawyer (eds) 21 Century Keynesian Economics, Palgrave Macmillan, 2010
- ‘Modelling low stabilization with E3MG: towards a “New Economics” approach to simulating Energy-Environment-Economy system dynamics’, Energy Journal Special Issue on “The Economics of Low Stabilisation”, 2010, pp.137-164 (with Serban Scrieciu)
- ‘Unilateral climate change mitigation, carbon leakage and competitiveness: an application to the European Union’, International Journal of Global Warming, Vol.1, No. 4, 2009, pp. 405-417. (with Serban Scrieciu)
- ‘The competitiveness effects of European environmental fiscal reforms’, European Review of Energy Markets - volume 3, issue 1, April 2009 (with Paul Ekins, Sudhir Junankar, Hector Pollitt & Philip Summerton)
- ‘The macroeconomic rebound effect and the world economy’, Energy Efficiency 2(4) pp 411-427. 2009 (with Athanasios Dagoumas and Jonathan Rubin) doi: 10.1007/s12053-009-9053-y
- 'The economics of avoiding dangerous climate change. An editorial essay on The Stern Review’, Climatic Change (2008) 89:173-194. doi: 10.1007/s10584-008-9433-x
- ‘Achieving the G8 50% target: modelling induced and accelerated technological change using the macro-econometric model E3MG’ Climate Policy Special Issue on the Low Carbon Society, Vol. 8 pp. S30-45. 2008. (with Tim Foxon and Serban Scrieciu)
- ‘Climate change, social justice and development’, Development, 2008, 51: 317-324. (with S. Şerban Scrieciu and David Taylor) doi:10.1057/dev.2008.33
- 'Climate policy: issues and opportunities', Chapter 1 in (eds) Hugh Compston and Ian Bailey Turning Down the Heat: The Politics of Climate Policy in Affluent Democracies, Palgrave, 2008, pp. 1-25.
- ‘Macroeconomic effects of climate policies for road transport: Efficiency agreements versus fuel taxation for the UK, 2000-2010’ Proceedings of the Transportation Research Board, Washington DC, 2007. (with Jonathan Rubin)
- ‘The economics of avoiding dangerous climate change. An editorial essay on The Stern Review’, Climatic Change (2008) 89:173-194. doi: 10.1007/s10584-008-9433-x .
He has acted as a consultant to many governments and international bodies, including Botswana, Canada, Mexico, Norway and the UK on questions of economic and industrial modelling and planning; he has given evidence to UK House of Commons Select Committees on Public Expenditure and Energy; and he has reviewed World and European modelling systems for the European Commission, the OECD, OPEC and the Commonwealth Secretariat.