CO2 emissions and GDP move together over the business cycle. Most climate change researchers would agree with this statement despite the absence of a study that formally analyzes the relationship between emissions and GDP at business cycle frequencies. The paper provides a rigorous empirical...

This empirical paper focuses on the relationship between changes in GDP and CO2 emissions as a country�s economy moves through periods of growth and decline. Using a comprehensive panel, I document substantial heterogeneity in the relationship across countries. Specifically, countries can...

Geoengineering can be defined as the technologies that aim to deliberately alter geophysical mechanisms in order to alleviate the impacts of climate change. It has received increasing attention by economists and the public but remains deeply controversial. This paper studies the potential...

This report, funded by the Esmée Fairbairn Foundation and the Economic and Social Research Council (ESRC), examines the effect of UK government policies on energy use and carbon pricing. The work was undertaken by researchers from the ESRC Centre for the Microeconomic Analysis of Public Policy...

This article explores the principles that should guide efforts to raise finance for climate action in developing countries. The main conclusions are that, first, there is an important role for private finance, which would be facilitated by having pervasive and broadly uniform emissions pricing...

Innovation is crucial to business survival, competitiveness and growth. Moreover, its importance to economic development cannot be understated. So why do British companies fail to innovate sufficiently? And should support be more forthcoming from government? The team of economists,...