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...
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...
We help financial institutions plan for the future and implement the recommendations of the Task-force on Climate-related Financial Disclosures (TCFD) using our in-house macroeconomic model: We provide you with: national and global analysis of the transitional impacts a...
According to a new study, households could cut EU greenhouse gas emissions (GHG) by 29% in 2030 compared to 1990 levels. They could also help drive demand for renewables and substantially improve domestic energy efficiency. Here, Stijn Van Hummelen presents the key results from...
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 European Association of Environmental and Resource Economists (EAERE) is the largest group of environment-minded economists in Europe. It has recently put out a statement on carbon pricing. Although many people who I respect have given their support to the statement, it is n...
Nuclear energy generation carries risks, but we might just need it for a sustainable future, says Economist Bence Kiss-Dobronyi. As the urgency to tackle climate change increases, nuclear power could be a prime substitute for fossil fuels. Nuclear power plants produce no CO2 emi...
In the past, the natural environment has not typically been a key public policy consideration. However, with increased public pressure on politicians to address climate change and limit the impact of the human population on the natural environment, policymakers are seeking new t...
Cambridge Econometrics supported the European Commission to determine the post-2020 Carbon Leakage List. The Carbon Leakage List contains a number of (sub-)sectors which are deemed to face the risk of carbon leakage due to the EU Emission Trading System (ETS). This is signi...
A policy wish-list from our Director and Head of Modelling, Hector Pollitt, using insights from E3ME modelling (not yet published) in collaboration with the University of Cambridge, Open University, Radboud University and others. Getting us to net zero will not be possible witho...
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