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...
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 e...
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...
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 wit...
This report produced by Sandbag uses our globally renowned E3ME model to investigate how recently agreed climate and energy policies would change EU greenhouse gas emissions reductions. We worked with the client to develop a baseline case and set of scenarios based on differe...
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 ...
Blog by Michael I. Westphal, Dora Fazekas and Leonardo Garrido originally posted on the World Resources Institute website here. The world is vastly underestimating the benefits of acting on climate change. Recent research from the Global Commission on the Economy and Cl...
For Eurofound, the European Foundation for the Improvement of Living and Working Conditions (an agency of the European Union), Cambridge Econometrics prepared projections for the number and type of jobs that could be available in Europe in 2030 if the Paris Climate Agreement were...
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...
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