Economics

Loading...

The fuel price crisis is a very real problem for our country. It could however be a springboard for a thorough overhaul of the energy system. The government could use the opportunity to follow the example of other European countries currently implementing Climate Income, as it had considered last year. The impact of the likely…

Loading...

The current fuel crisis is creating problems for governments in the UK and Europe. The conundrum is based on the combination of underlying energy costs, environmental taxation, poverty alleviation and climate policy all overlapping in a non-aligned mix. Finding a solution that keeps advocates of each policy and it’s raison d’etre supportive is challenging. Here…

Loading...

As the fuel price crisis is on everyone’s minds this January member Darrin Charlesworth tops the Letters page in today’s Guardian Online……….. John Vidal’s list (It’s the great green reset: 10 things Britain can do now to save the planet, 3 January) seems very achievable, but I would like to add one more to accelerate…

Loading...

The Centre for Policy Studies was set up in the 1970s by supporters of Margaret Thatcher such as Sir Keith Joseph. It has remained highly influential amongst Conservative politicians ever since and many UK government policies have started life as proposals from the CPS. So, when we heard that they were investigating carbon pricing, we…

Loading...

CCL does not advocate any particular technology or approach to decarbonising the UK’s economy. We simply propose to make fossil fuels more expensive so that alternatives (from loft-insulation to nuclear fusion) can thrive. So, you may think that this week’s announcement, by the UK government, of a strategy to promote development of hydrogen is not…

Loading...

On Saturday G20 finance ministers endorsed carbon pricing for the first time as part of the tool bag needed to reduce emissions. Such tools include investing in sustainable infrastructure and new technologies to promote decarbonization and clean energy, “including the rationalisation and phasing-out of inefficient fossil fuel subsidies that encourage wasteful consumption and, if appropriate, the…

Loading...

An IMF blog about a new paper entitled Proposal for an International Carbon Price Floor among Large Emitters  yesterday argued that a globally applied carbon price to cut GHG emissions by 1/4 to a 1/2 over the next  decade is necessary to keep global warming below 2°C…….At the heart of our policy discussions with member…

Loading...

The eagle eyed among you may have noticed that this was originally a midnight blog!  I have decided to put it in News now that I have found a very good summary as I originally felt ill qualified to analyse what happened  at G7 and cast judgement, but have today found an article which does…

Loading...

The House of Commons Committee of Public Accounts report, Environmental Tax Measures, published today, is savage in its condemnation of the failure of the Government to align its environmental ambitions with the means to achieve them through its fiscal policy: Tax is an important instrument for pursuing government’s environmental goals, particularly getting to net zero…