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The Smog of Capitalism -- The Scramble for Oil -- Carbon America -- Motoring to Armageddon -- “Exxon Knew” -- The Geography of Catastrophe -- The Forward March of Environmentalism -- Renewables and Remediation -- Reckoning: 2020-50.
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The upcoming United Nations Climate Change Conference in Dubai (COP28) will see a new round of battle regarding the call to phase out fossil fuels. Intense debates have taken place in Germany and the European Union (EU) to determine positions in the run-up to the conference. The main point of...
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I study the dynamic implications of climate policy and stranded assets risk on macroeconomic outcomes and asset prices. Using a general-equilibrium resource extraction model, I show that the anticipation of climate-policy action, which will restrict future fossil fuel use and is amplified by...
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Climate change presents global externalities, leading private markets to underinvest in climate change solutions. The key insight of this paper is that some private market participants, namely large oil and gas (O&G) firms, are in a position to internalize important climate change externalities...
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Oil and gas industries within the energy sector are a significant contributor to carbon dioxide (CO2) emissions, a primary driver of climate change and global warming. However, research on their efforts to combat this issue remains limited. This study investigates climate initiatives by five...
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