Blogs: Energy

Energy markets, whether fossil-based or renewable, and their interaction with the wider economy are complex. We help to shed light on these complexities to inform sustainable energy policy.

Net-zero China: millions of workers will be affected

china jobs net zero coal

Our Principal Economic Modeller, Unnada Chewpreecha, takes a look at what China’s net zero pledge means for jobs in the country.
Two weeks ago, President Xi of China announced that China intended to peak its CO2 emissions before 2030 and achieve carbon neutrality (net-zero CO2 e…

The risks of extending the EU Emissions Trading System

emissions trading scheme

The European Commission is currently running a public consultation on extending the European Union’s Emissions Trading System (EU ETS) to include road transport and the heating of buildings.
Jon Stenning explores the issue, drawing on technology diffusion and macroeconomic ana…

Carbon-neutral steel-making: is it a possibility?

carbon neutral steel

Quite literally, steel is the backbone of a modern society. Unfortunately, the production of steel contributes significantly to human-made climate change.

It is very unlikely society will cease to demand steel, so it is important to figure out how the iron and steel industry c…

The impact of a carbon tax in the USA

carbon tax USA

Carbon taxes have largely failed to gain traction in the United States, despite being a key requirement for rapid decarbonisation at a local, state or national level.
Policymakers and voters have declined to endorse them, concerned about costs to consumers and negative impacts o…

What do our economic models tell us about green growth?

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…