Blogs: Climate

Climate change is a major global concern whose impacts are felt locally. Our expertise can help you understand the impact of climate policies.

Investing for sustainable growth

Andrew Sentance argues that to achieve a net zero economy by 2050 the UK government must invest now.
The economic model that has developed in the UK and other major economies over the past 250 years of industrialisation and economic development is heavily dependent on the burnin…

Climate change and financial risk: how economic models can help

In a series of speeches for the Bank of England, Mark Carney warned firms and investors that they must adapt to climate risks.
Sophie Heald, our Sustainable Investment lead, explains how models can be used to help quantify these risks.
The last decade was the warmest ever. In r…

Green Growth versus Degrowth: lessons from our modelling

amazon fires green growth degrowth

Is it really possible to keep on consuming more and more, while still respecting societal and environmental boundaries?
Will the future be one of green growth (the economy grows while resource use falls) or degrowth (economic growth is constrained in order to reduce environment…

The social cost of carbon; it’s time to kill it

Social cost of carbon emissions CO2

The social cost of carbon (SCC) is misguided, increasingly irrelevant and should have been abandoned years ago, so argues our Director and Head of Modelling, Hector Pollitt.

What is the social cost of carbon (SCC)?
The social cost of carbon (SCC) is a hideous construct of mai…