CO2 emissions

While wealthier countries have historically contributed the most to climate change, the Global South is now under pressure to take costly action. How will balancing between emissions reductions and economic growth affect long-term outcomes in developing countries?

Carbon offset programmes allow polluters to pay others to reduce emissions on their behalf. In theory, this can achieve the same emissions reductions at a lower cost, but only if the payment actually incentivises the recipient to cut emissions. If of...

Why is estimating the social cost of carbon such an important task for researchers?

Well-intentioned regulation may be causing multinationals to shunt polluting activities to poorer countries where regulation isn’t so strict