22.02.2021

# Media

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Blog: Gernot Wagner: A tale of two carbon prices

"The Biden administration has opened up enormous opportunities to push forward an ambitious climate agenda by updating this one number: the social cost of carbon, or SCC."

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14.12.2020

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The Spectator: Putting the North at the heart of a green industrial revolution

"And now the North can again be at the forefront – this time of a green industrial revolution that will protect and create jobs, helping to restore communities and level-up the country, while advancing UK global leadership in vital new technologies that will be needed around the world to combat the climate crisis."

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11.12.2020

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The Hill: To fight climate change, strand fossil fuel assets, not workers

"If we overlook affected workers, we will have failed in our commitment to climate justice."

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25.11.2020

# Political Papers

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Fajardy, M.; et al. (2020): The economics of bioenergy with carbon capture and storage (BECCS) deployment in a 1.5°C or 2°C world

Fajardy, M., J. Morris, A. Gurgel, H. Herzog, N. MacDowell, S. Paltsev (2020): The economics of bioenergy with carbon capture and storage (BECCS) deployment in a 1.5°C or 2°C world. Joint Program Report Series Report 345. (http://globalchange.mit.edu/publication/17489).

"Here we focus on quantifying the potential scale of BECCS and its impact on the economy, taking into account technology and economic considerations, but excluding sustainability and political aspects."

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11.11.2020

# Political Papers

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Taskforce on Scaling Voluntary Carbon Markets (2020): Consultation Document

Taskforce on Scaling Voluntary Carbon Markets (2020): Consultation Document.

"The recommendations published in the Taskforce’s Consultation Document aim to identify the infrastructure solutions necessary to scale the voluntary carbon markets. These are recommendations for the private-sector, developed by both current and potential market users, to ensure this market can deliver to the needs of its participants without compromising the integrity of decarbonization."

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03.11.2020

# Media

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Silicon Canals: Stripe launches world’s first product that enables online businesses to help remove CO2 from atmosphere

"With this service, Stripe users can direct a fraction of their revenue toward initiatives that permanently remove carbon dioxide from the atmosphere."

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01.11.2020

# Media

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Podcast: Reviewer 2 does geoengineering: Adrian Fabre on economics and geoengineering, a deep dive on his recent paper with Gernot Wagner

"Adrian and Andrew discuss game theory, free riding and other essential considerations in a deep dive into Adrian's recent paper entitled "Availability of risky geoengineering can make an ambitious climate mitigation agreement more likely" by Adrien Fabre & Gernot Wagner."

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08.10.2020

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The House: The House LiveAll As the ninth largest manufacturing nation in the world, sector growth is critical to the UK As the ninth largest manufacturing nation in the world, sector growth is critical to the UK By Andy Street, Mayor of the West Midland

"Going further than net-zero, the UK concrete and cement industry has launched a roadmap to become net negative by 2050, removing more carbon dioxide from the atmosphere than it emits each year."

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05.10.2020

# New Publications

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Lemoine, Derek (2020): Incentivizing Negative Emissions Through Carbon Shares

Lemoine, Derek (2020): Incentivizing Negative Emissions Through Carbon Shares. In National Bureau of Economic Research. Available online at https://www.nber.org/papers/w27880.

"I show that commonly proposed emission taxes are not optimal for controlling climate change: they can achieve zero emissions but cannot induce negative emissions. The first-best policy charges firms period by period for leaving a stock of carbon in the atmosphere, not just for injecting carbon into the atmosphere."

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02.10.2020

# Media

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Blog: Carbon Removal Centre: Is Carbon Neutral Enough?

"Can corporates play a role in accelerating the momentum to a carbon negative economy? "

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