Model-based financial regulations impair the transition to net-zero carbon emissions

Gasparini, M., Ives, M.C., Carr, B. et al. Model-based financial regulations impair the transition to net-zero carbon emissions. Nature Climate Change (2024). Abstract Investments via the financial system are essential for fostering the green transition. However, the role of existing financial regulations in influencing investment decisions is understudied. Here we analyse data from the European Banking Authority to show […]

Sensitive Intervention Points: A strategic approach to climate action

Mealy, P., Barbrook-Johnson, P., Ives, M.C., Srivastav, S., Hepburn, C., (2023). ‘Sensitive Intervention Points: A strategic approach to climate action’, Oxford Review of Economic Policy Abstract While some countries are making progress reducing greenhouse gas emissions, few are progressing rapidly enough to be on track to reach net zero emissions by mid-century. The transition to […]

Evaluating fossil fuel companies’ alignment with 1.5°C climate pathways

Rekker, S., Chen, G., Heede, R., Ives, M.C., Wade, B. & Greig, C. (2023). ‘Evaluating fossil fuel companies’ alignment with 1.5°C climate pathways’. Nature Climate Change Abstract Limiting the global average temperature rise to 1.5 °C requires an unprecedented reduction in fossil fuel use, along with large-scale deployment of CO2 capture and storage. To track the fossil […]

Empirically grounded technology forecasts and the energy transition

Way, R., Ives, M.C., Mealy, P., & Farmer, J. D. (2022). Empirically grounded technology forecasts and the energy transition, Joule Abstract Rapidly decarbonizing the global energy system is critical for addressing climate change, but concerns about costs have been a barrier to implementation. Most energy-economy models have historically underestimated deployment rates for renewable energy technologies and overestimated their costs. […]