All posts from: December 2018

It’s time to kill the social cost of carbon

Social cost of carbon emissions CO2

The social cost of carbon (SCC) is a hideous construct of mainstream economics. It is designed to show the economic value to the world of reducing a single unit of greenhouse gas emissions. It provides a number that can then be plugged into cost-benefit calculations.

It is mis…

What if China said ‘no’ to new coal?

chinese coal climate change

Head of Modelling, Hector Pollitt, sends us a report from the United Nations climate change talks (COP24) in Katowice, Poland.

The mood going into COP24 has not been overly positive. Yes, there are record numbers of renewables installations, but global emissions are still incr…