Filtered by Subscriptions: Climate Economics Use setting Climate Economics
CBAM caught in the EU’s regulatory slimdown The European Commission (EC) announced its ‘Simplification Omnibus’ this week, which scaled back firms’ reporting requirements with the aim of lowering costs and improving competitiveness. From a climate …
28th February 2025
Farewell to Trudeau and his carbon tax Prime Minister Justin Trudeau's departure from office is likely to be swiftly followed by the removal of his Liberal party's signature 2019 federal carbon tax. With their "axe the tax" slogan, Canada's Conservatives …
30th January 2025
Note: We'll be discussing US climate policy under Trump, Elon Musk, and the future of the Inflation Reduction Act in a Drop-in on Wednesday 4th December 15:00 GMT/10:00 EST . Register here for the 20-minute online briefing. States take the lead on …
29th November 2024
The trouble with European green policy Mario Draghi’s report on EU competitiveness , published this month, provided food for thought on the EU’s decarbonisation strategy. There were a couple of key points of discussion. First, Mr Draghi emphasised the …
30th September 2024
Canada’s tariffs on China’s electric vehicles Canada recently took a leaf out of the US trade policy playbook (see here ) by announcing a 100% tariff on Chinese-made electric vehicles (EVs). We think that the macroeconomic impact of the tariffs on China …
30th August 2024
Labour puts wind in the sails of renewable rollout The new UK Labour government took swift action on climate policy this month on two fronts . First, the additional planning restrictions that applied to onshore wind projects in England have now been …
31st July 2024
The UK offers a microcosm of green fiscal issues The issue of paying for the green transition has been a recurring theme in the run-up to the forthcoming UK election; the watering down of Labour’s flagship climate policy earlier this year, which had …
28th June 2024
The US puts up trade barriers, will Europe follow? The US announced that it is ratcheting up tariffs on Chinese-made electric vehicles, lithium-ion batteries, and solar panels. We covered the announcement and its implications across our Climate, Global, …
31st May 2024
Whither central bank green policy? The role of central banks in fighting climate change was amongst the varied subjects touched upon by France President Emmanuel Macron in a sprawling speech earlier this month. In addition to pondering deep rhetorical …
30th April 2024
China is driving the global renewable rollout… It came as no surprise to see China loom large in the International Renewables Energy Agency’s provisional statistics on renewable energy capacity in 2023. As shown in Chart 1, China added more than twice as …
28th March 2024
Checking in on clean energy equities The MSCI Global Alternative Energy Index has outperformed the standard MSCI World Energy benchmark since we published an Update in November arguing that we had reached peak-pessimism for clean energy equities. (See …
29th February 2024
Carbon pricing in the news Amid a flurry of news and action in carbon markets in recent months, this note examines the details and implications of developments around the world, starting in the EU. The EU’s Emissions Trading Scheme (ETS) is the world’s …
31st January 2024
COP attendance t = COP attendance t-1 ^ 2 Whatever does or does not get agreed at COP28 in Dubai over the coming weeks, one way in which the event will set records is the staggering number of people in attendance. As shown in Chart 1, the 70,000 delegates …
30th November 2023
Saudi’s new Civil Code another step to attract FDI In a month’s time, Saudi Arabia’s new Civil Code will come into force in a bid to further entice foreign investors to the Kingdom, but more is required to hit Vision 2030 targets. The Civil Code contains …
16th November 2023
EU ETS will help Tusk meet his climate goals Climate policy will be a key battleground in the upcoming slew of elections over the next 18 months and the climate stakes were high in Poland ahead of its recent election. Note that coal accounts for more than …
31st October 2023
The risks and opportunities from climate UK Prime Minister Sunak’s recent speech on climate policies was obviously a highly visible change in stance. But as we highlighted in last month’s Climate Economics Monthly , the rowing back on climate policies in …
29th September 2023
While the Women’s World Cup ultimately ended in disappointment for English supporters, it’s somewhat fitting that climate policy is increasingly being made into a political football. The failure in the UK and elsewhere to address climate policy’s inherent …
31st August 2023
“The Boy” is back Much ink has been spilled – not least by ourselves – on the potential impacts of the return of El Niño conditions on commodities and economies. It’s fair to say that some of the analysis we have stumbled across has been towards the …
27th July 2023
Maybe the record-breaking temperatures in the UK in June drew comparisons with the weather typically seen in spaghetti westerns. Or perhaps we’re just bigger Clint Eastwood fans than we care to admit. Whatever the reason, we couldn’t help thinking that …
30th June 2023
Ajay Banga appears to be well qualified to lead the World Bank Group and is as well-placed as anyone to “mobilise” Wall Street cash to fund climate-related projects. However, progress on reducing global emissions will require more than a stream of climate …
31st May 2023
Activity/emissions links to weaken over time The release of our latest China Activity Proxy (CAP) this week showed that the Chinese economy bounced back rapidly in Q1 following the ending of its zero-Covid strategy. Recall that the CAP is our attempt to …
28th April 2023
Synthesising the Synthesis Report The main climate-related event of the month – other than the publication of our inaugural Climate Economics Outlook , of course – was the release of the Intergovernmental Panel on Climate Change’s (IPCC) sixth Synthesis …
31st March 2023
The common-sense place to start The release of the 2023 version of the Global Methane Tracker by the International Energy Agency (IEA) last week once again highlighted how carbon dioxide (CO 2 ) emissions are far from the only challenge on the climate …
28th February 2023
Central bankers let their hair down Climate change was front and centre of the discussions earlier this month when a host of heavy-hitters from the world of central banking descended on Stockholm for an International Symposium on Central Bank …
26th January 2023
