Publications
Publications
Journal articles and reports
Further improvement of warming-equivalent emissions calculation
Smith, Cain & Allen, NPJ Climate and Atmospheric Science, 2021
Deciding how to 'change big things quickly'
Mercure, Ives, Nijsse, Barbrook-Johnson, Policy note, 2021
Nature-based solutions can help cool the planet - if we act now
Girardin, Jenkins, Seddon, Allen, Lewis, Wheeler, Griscom & Malhi, Nature, 2021
National COVID debts: climate change imperils countries' ability to repay
Dibley, Wetzer & Hepburn,
Nature, 2021
A new perspective on decarbonising the global energy system
Ives, Righetti, Schiele, de Meyer, Hubble-Rose, Teng, Kruitwagen, Tillmann-Morris, Wang, Way & Hepburn, report, 2021
Using detection and attribution to quantify how climate change is affecting health
Ebi, Åström, Boyer, Harrington, Hess, Honda, Kazura, Stuart-Smith & Otto, Health Affairs 2021
Correcting course: the emission reduction potential of international cooperative initiatives
Lui, Kuramochi, Smit, Roelfsema, Hsu, Weingurter, Chan, Hale, Fekete, Lukehermoller, de Villafranca Casas, Nascimento, Sterl & Hohne, Climate Policy, 2021
The rise of science in low-carbon technologies
Hötte, Pichler & Lafond, Renewable and Sustainable Energy Reviews, 2021
A case for transparent net-zero carbon targets
Smith, S.M., Communications Earth & Environment 2, 24 (2021)
Ammonia to power: Forecasting the levelized cost of electricity from green ammonia in large-scale power plants
Cesaro, Ives, Nayak-Luke, Mason & Banares-Alcantara, Applied Energy, 2021
A machine-learning approach to predicting Africa's electricity mix based on planned power plants and their chances of success
Alova, Trotter & Money, Nature Energy, 2021
Increased outburst flood hazard from Lake Palcacocha due to human-induced glacier retreat
Stuart-Smith, Roe, Li & Allen, Nature Geoscience, 2021
The Oxford principles for net zero aligned carbon offsetting
Allen, Axelsson, Caldecott, Hale, Hepburn, Hickey, Mitchell-Larson, Malhi, Otto, Seddon & Smith, report, 2020
Climate change and emerging markets after Covid-19
Cohen, Ives, Srivastav, Schwarz, Lu, Mealy, de Souza, Jackson & Hepburn, report for Pictet Asset Management, 2021
Sensitive intervention points to achieve net-zero emissions
Hepburn, Allas, Cozzi, Liebreich, Skea, Whitmarsh, Wilkes & Worthington, Report of the Policy Advisory Group of the Committee on Climate Change, 2020
A global analysis of the progress and failure of electric utilities to adapt their portfolios of power-generation assets to the energy transition
Alova, Nature Energy, 2020
An analysis of ways to decarbonize conference travel after COVID-19
Klower, Hopkins, Allen & Higham, Nature 583, 356-359, 2020
Sub- and non-state climate action: a framework to assess progress, implementation and impact
Hale, Chan, Hsu, Clapper, Elliott, Faria, Kuramochi, McDaniel, Morgado, Roelfsema, Santaella, Singh, Tout, Weber, Weinfurter & Widerberg, Climate Policy, 2020
Less precision, more truth: uncertainty in climate economics and macroprudential policy
Hepburn and Farmer, in Handbook on the Economics of Climate Change, pp420-438, 2020.
Transformational change: parallels for addressing climate and development goals
Mealy and Hepburn, in Handbook on the Economics of Climate Change, pp397-419, 2020.
The Effect of Firm-level ESG Practices on Macroeconomic Performance
Zhou, Caldecott, Harnett & Schumacher, Climate Policy, Working Paper 2020
Beyond national climate action: the impact of region, city, and business commitments on global greenhouse gas emissions
Kuramochi, Roelfsema, Hsu, Lui, Weinfurter, Chan, Hale, Clapper, Chang & Höhne, Climate Policy, 2020
Bringing rigour to energy innovation policy evaluation
Pless, Hepburn & Farrell, Nature Energy, 5, 2020
Will COVID-19 fiscal recovery packages accelerate or retard progress on climate change?
Hepburn, O'Callaghan, Stern, Stiglitz & Zenghelis
Oxford Review of Economic Policy, 2020
Revoking coal mining permits: an economic and legal analysis
Rafaty, Srivastav & Hoops,
Climate Policy, 2020
The technological and economic prospects for CO2 utilization and removal
Hepburn, Adlen, Beddington, Carter, Fuss, MacDowell, Minx, Smith & Williams, Nature, 575, 2019
Targeted carbon tax reforms
King, Tarbush & Teytelboym,
European Economic Review, Volume 119, Pages 526-547, October 2019
A survey of the net zero positions of the world’s largest energy companies
Dietz, Jahn, Noels, Stuart-Smith, & Hepburn, Report, 2019
Sensitive Intervention Points in the Post Carbon Transition
Farmer, Hepburn, Ives, Hale, Wetzer, Mealy, Rafaty, Srivastav & Way, Science, 364(6435), 2019
Making carbon pricing work for citizens
Klenert, Mattauch, Combet, Edenhofer, Hepburn, Rafaty & Stern, Nature Climate Change, 8(8), 2018
Toward demand-side solutions for mitigating climate change
Creutzig, Roy, Lamb et al.,
Nature Climate Change 8, 2018
Committed emissions from existing and planned power plants and asset stranding required to meet the Paris Agreement
Pfeiffer, Hepburn, Vogt-Schlib, & Caldecott, Environmental Research Letters, 13(5), 2018
Carbon lock-in curves and Southeast Asia: Implications for the Paris Agreement
Caldecott, McCarten & Triantafyllidis, Briefing Paper, 2018
Encouraging innovation that protects environmental systems: Five policy proposals
Hepburn, Pless & Popp, Review of Environmental Economics and Policy, 12(1) 2018
A solution to the misrepresentations of CO2-equivalent emissions of short-lived climate pollutants under ambitious mitigation
Allen, Shine, Fuglestvedt, et al. , npj Clim Atmos Sci 1, 2018
Wright meets Markowitz: How standard portfolio theory changes when assets are technologies following experience curves
Way, Lafond, Lillo, Pachenko & Farmer, Journal of Economic Dynamics and Control, 101, 2019
Working papers
The Paris-compliant company: Measuring transition performance using a strict science-based approach
Rekker, Ives, Wade, Greig & Webb, INET Working Paper, 2021
Five Worlds of Political Strategy in the Climate Movement
Srivastav & Rafaty, INET Working Paper, 2021
Asset-Level Transition Risk in the Global Coal, Oil, and Gas Supply Chains
Kruitwagen, Klaas, Lakeh, Fan, Paper (SSRN), 2021
Estimating the costs of energy transition scenarios using probabilistic forecasting methods
Way, Mealy & Farmer, INET Working Paper, 2020
Journal articles and reports
Challenges and innovations in the economic evaluation of the risks of climate change
Rising, Taylor, Ives, Ward, Ecological Economics, 2022
Plant conversions and abatement technologies cannot prevent stranding of power plant assets in 2 °C scenarios
Lu, Cohen, Smith, Pfeiffer, Nature Communications, 2022
Estimating the Employment and Fiscal Consequences of Thermal Coal Phase-Out in China
Clark, Zhang, Energies, 2022
Bank green lending and credit risk: an empirical analysis of China's Green Credit Policy
Zhou, Caldecott, Hoepner, Wang, Business Strategy and the Environment, 2022
Indicate separate contributions of long-lived and short-lived greenhouse gases in emission targets
Allen et al, Climate and Atmospheric Science, 2022
The meaning of net zero and how to get it right
Fankhauser, Smith, Allen, Axelsson, Hale, Hepburn, Kendall, Khosla, Lezaun, Mitchell-Larson, Obersteiner, Rajamani, Rickaby, Seddon, Wetzer, Nature Climate Change, 2021
A global inventory of photovoltaic solar energy generating units
Kruitwagen, Story, Friedrich, Byers, Skillman, Hepburn, Nature, 2021
The new economics of innovation and transition: Evaluating opportunities and risks
Grubb et al, Economics of Energy Innovation and SystemTransition report, 2021
Upstream decarbonization through a carbon takeback obligation: An affordable backstop climate policy
Jenkins, Mitchell-Larson, Ives, Haszeldine, Allen, Joule, 2021
Rething 'cost-benefit analysis' to tackle climate change
Mercure, Sharpe, Vinuales, Ives, Grubb, Lam, Drummond, Pollitt, Knobloch, & Nijsse, Global Environmental Change, 2021
Beyond the male breadwinner: Life-cycle living standards of intact and disrupted English working families, 1260–1850
Horrell, Humphries & Weisdorf, The Economic History Review, 2021
Transition, hedge, or resist? Understanding political and economic behavior toward decarbonization in the oil and gas industry
Green, Hadden, Hale & Mahdavi, Review of International Political Economy, 2021
Can European electric utilities manage asset impairments arising from net zero carbon targets?
Hickey, O'Brien, Caldecott McInerney & Ó Gallachóir, Journal of Corporate Finance, 2021
Comparing expert elicitation and model-based probabilistic technology cost forecasts for the energy transition
Meng, Way, Verdolini & Diaz Anadon, PNAS, 2021
Filling the evidentiary gap in climate litigation
Stuart-Smith, Otto, Saad, Lisi, Minnerop, Cedervall Lauta, van Zwieten & Wetzer, Nature Climate Change, 2021
Zero-Emissions Shipping: contracts-for-difference as incentives for the decarbonisation of international shipping
Clark, Ives, Fay, Lambe, Schiele, Larsson, Krejcie, Tillmann-Morris, Barbrook-Johnson & Hepburn, report, 2021
Further improvement of warming-equivalent emissions calculation
Smith, Cain & Allen, NPJ Climate and Atmospheric Science, 2021
Deciding how to 'change big things quickly'
Mercure, Ives, Nijsse, Barbrook-Johnson, Policy note, 2021
Nature-based solutions can help cool the planet - if we act now
Girardin, Jenkins, Seddon, Allen, Lewis, Wheeler, Griscom & Malhi, Nature, 2021
National COVID debts: climate change imperils countries' ability to repay
Dibley, Wetzer & Hepburn,
Nature, 2021
A new perspective on decarbonising the global energy system
Ives, Righetti, Schiele, de Meyer, Hubble-Rose, Teng, Kruitwagen, Tillmann-Morris, Wang, Way & Hepburn, report, 2021
Using detection and attribution to quantify how climate change is affecting health
Ebi, Åström, Boyer, Harrington, Hess, Honda, Kazura, Stuart-Smith & Otto, Health Affairs 2021
Correcting course: the emission reduction potential of international cooperative initiatives
Lui, Kuramochi, Smit, Roelfsema, Hsu, Weingurter, Chan, Hale, Fekete, Lukehermoller, de Villafranca Casas, Nascimento, Sterl & Hohne, Climate Policy, 2021
The rise of science in low-carbon technologies
Hötte, Pichler & Lafond, Renewable and Sustainable Energy Reviews, 2021
A case for transparent net-zero carbon targets
Smith, S.M., Communications Earth & Environment 2, 24 (2021)
Ammonia to power: Forecasting the levelized cost of electricity from green ammonia in large-scale power plants
Cesaro, Ives, Nayak-Luke, Mason & Banares-Alcantara, Applied Energy, 2021
A machine-learning approach to predicting Africa's electricity mix based on planned power plants and their chances of success
Alova, Trotter & Money, Nature Energy, 2021
Increased outburst flood hazard from Lake Palcacocha due to human-induced glacier retreat
Stuart-Smith, Roe, Li & Allen, Nature Geoscience, 2021
Climate change and emerging markets after Covid-19
Cohen, Ives, Srivastav, Schwarz, Lu, Mealy, de Souza, Jackson & Hepburn, report for Pictet Asset Management, 2021
The Oxford principles for net zero aligned carbon offsetting
Allen, Axelsson, Caldecott, Hale, Hepburn, Hickey, Mitchell-Larson, Malhi, Otto, Seddon & Smith, report, 2020
Sensitive intervention points to achieve net-zero emissions
Hepburn, Allas, Cozzi, Liebreich, Skea, Whitmarsh, Wilkes & Worthington, Report of the Policy Advisory Group of the Committee on Climate Change, 2020
A global analysis of the progress and failure of electric utilities to adapt their portfolios of power-generation assets to the energy transition
Alova, Nature Energy, 2020
An analysis of ways to decarbonize conference travel after COVID-19
Klower, Hopkins, Allen & Higham, Nature 583, 356-359, 2020
Sub- and non-state climate action: a framework to assess progress, implementation and impact
Hale, Chan, Hsu, Clapper, Elliott, Faria, Kuramochi, McDaniel, Morgado, Roelfsema, Santaella, Singh, Tout, Weber, Weinfurter & Widerberg, Climate Policy, 2020
Less precision, more truth: uncertainty in climate economics and macroprudential policy
Hepburn and Farmer, in Handbook on the Economics of Climate Change, pp420-438, 2020.
Transformational change: parallels for addressing climate and development goals
Mealy and Hepburn, in Handbook on the Economics of Climate Change, pp397-419, 2020.
The Effect of Firm-level ESG Practices on Macroeconomic Performance
Zhou, Caldecott, Harnett & Schumacher, Climate Policy, Working Paper 2020
Beyond national climate action: the impact of region, city, and business commitments on global greenhouse gas emissions
Kuramochi, Roelfsema, Hsu, Lui, Weinfurter, Chan, Hale, Clapper, Chang & Höhne, Climate Policy, 2020
Bringing rigour to energy innovation policy evaluation
Pless, Hepburn & Farrell, Nature Energy, 5, 2020
Will COVID-19 fiscal recovery packages accelerate or retard progress on climate change?
Hepburn, O'Callaghan, Stern, Stiglitz & Zenghelis
Oxford Review of Economic Policy, 2020
Revoking coal mining permits: an economic and legal analysis
Rafaty, Srivastav & Hoops,
Climate Policy, 2020
The technological and economic prospects for CO2 utilization and removal
Hepburn, Adlen, Beddington, Carter, Fuss, MacDowell, Minx, Smith & Williams, Nature, 575, 2019
Targeted carbon tax reforms
King, Tarbush & Teytelboym,
European Economic Review, Volume 119, Pages 526-547, October 2019
A survey of the net zero positions of the world’s largest energy companies
Dietz, Jahn, Noels, Stuart-Smith, & Hepburn, Report, 2019
Sensitive Intervention Points in the Post Carbon Transition
Farmer, Hepburn, Ives, Hale, Wetzer, Mealy, Rafaty, Srivastav & Way, Science, 364(6435), 2019
Making carbon pricing work for citizens
Klenert, Mattauch, Combet, Edenhofer, Hepburn, Rafaty & Stern, Nature Climate Change, 8(8), 2018
Toward demand-side solutions for mitigating climate change
Creutzig, Roy, Lamb et al.,
Nature Climate Change 8, 2018
Committed emissions from existing and planned power plants and asset stranding required to meet the Paris Agreement
Pfeiffer, Hepburn, Vogt-Schlib, & Caldecott, Environmental Research Letters, 13(5), 2018
Carbon lock-in curves and Southeast Asia: Implications for the Paris Agreement
Caldecott, McCarten & Triantafyllidis, Briefing Paper, 2018
Encouraging innovation that protects environmental systems: Five policy proposals
Hepburn, Pless & Popp, Review of Environmental Economics and Policy, 12(1) 2018
A solution to the misrepresentations of CO2-equivalent emissions of short-lived climate pollutants under ambitious mitigation
Allen, Shine, Fuglestvedt, et al. , npj Clim Atmos Sci 1, 2018
Wright meets Markowitz: How standard portfolio theory changes when assets are technologies following experience curves
Way, Lafond, Lillo, Pachenko & Farmer, Journal of Economic Dynamics and Control, 101, 2019
Working papers
The Paris-compliant company: Measuring transition performance using a strict science-based approach
Rekker, Ives, Wade, Greig & Webb, INET Working Paper, 2021
Five Worlds of Political Strategy in the Climate Movement
Srivastav & Rafaty, INET Working Paper, 2021
Asset-Level Transition Risk in the Global Coal, Oil, and Gas Supply Chains
Kruitwagen, Klaas, Lakeh, Fan, Paper (SSRN), 2021
Estimating the costs of energy transition scenarios using probabilistic forecasting methods
Way, Mealy & Farmer, INET Working Paper, 2020