Climate policy raises a number of challenges for the energy sector, the most significant being the transition from a high to a low-CO2 energy path in a few decades. Act Locally, Trade Globally seeks to provide a complete picture of the future role of emissions trading in climate policy and the...

Carbon lock-in occurs when high-emission infrastructure or assets continue to be used, despite the possibility of substituting them with low-emission alternatives, thereby delaying or preventing the transition to near-zero or zero-emission alternatives. Transition finance, which focuses on the...

Climate policy raises a number of challenges for the energy sector, the most significant being the transition from a high to a low-CO2 energy path in a few decades.  Act Locally, Trade Globally seeks to provide a complete picture of the future role of emissions trading in climate policy and the...