Energy is integral to the economy. Industry relies on power to produce goods and services and move them from place to place. People depend on affordable and readily available energy in order to live and work.
Effective energy policy is a key tool in the battle against climate change as economies are compelled to move away from fossil fuel-based energy to a low- and zero- carbon system. However, while the world is still largely fossil fuel dependent, energy will remain a critical geopolitical issue as the centres of fossil fuel production and consumption fluctuate over time.
You need to understand the range of impacts of energy policy under different scenarios on greenhouse gas emissions, jobs, energy prices and the wider economy. We can advise on the effectiveness of different levels of ambition in the transition to low- and zero-carbon, as well as the impact of the transition on economies which are reliant on fossil fuel production.
Featured work
UK Corporate Leaders Group: tackling cost of living and decarbonisation creates win-wins for the UK
Electromobility in the Visegrad region – Slovakia
Greenpeace East Asia: The macroeconomic impact of decarbonising Korea’s passenger car fleet
European Climate Foundation: Assessment of the impacts of an ETS2 for transport and buildings
Energy blog posts
Keeping 1.5°C alive: Credible policies and innovation can take us there
Keeping 1.5°C alive: Credible policies and innovation can take us there
In the face of slow progress on decarbonisation and mounting climate research suggesting a pending climate catastrophe without faster efforts to reduce emissions, there has been a recent wave of calls to abandon the 1.5°C warming target all together. This is despite the economic…
Russian isolationism: high oil and gas prices are bad news for the global economy
Russian isolationism: high oil and gas prices are bad news for the global economy
Our latest analysis of high oil and gas prices show the need for policy support, to manage a rapid transition away from fossil fuels and to prevent long-term damage to affected communities. Head of Environment Jon Stenning unpacks the key findings, with a focus on the UK, EU27 an…
Green government approach needed to tackle 2022’s cost of living and fuel poverty crisis
Green government approach needed to tackle 2022’s cost of living and fuel poverty crisis
Project Manager Jen Dicks calls for a joined-up Government approach that tackles the fuel poverty and cost-of-living crisis whilst also achieving levelling up and net zero commitments. Jen argues that 2022 presents a unique opportunity for the UK to manage a green economic recove…
A cold winter would be devastating for poorer homes
A cold winter would be devastating for poorer homes
CEO Phil Summerton warns that rising energy prices will affect the poorest households in Britain this winter, as they face the challenge of increasing energy and food prices as well as the spread of Covid-19 and seasonal influenza. Phil highlights three options for the Government…
Build Back Better: smarter investment decision making
Build Back Better: smarter investment decision making
“Build back better” has become a mantra of our time. In the US, the Biden administration is trying to secure a multi-trillion-dollar package of infrastructure spending to drive change.
Together Cambridge Econometrics, ECONorthWest and Hodge Economic Consulting have been consid…