There is a massive and sustained interest in aligning finance with sustainability. Individual savers, shareholders, politicians and regulators all have a part to play, writes Ben Caldecott for the Telegraph 'Power of Us' campaign.
"If the 1.5C climate target were to be met, over 80 per cent of hydrocarbon assets would be worthless." Ben Caldecott comments in the FT Lex column on the Smith School-led concept of stranded assets.
Purchasing carbon offsets "is clearly better than doing nothing," Cameron Hepburn tells Wired. But key considerations include the need for companies to already be reducing emissions and assurance that offsets aren't replacing other actions.
Extensive coverage in the Economist of carbon capture, utilisation and storage (CCUS) prompted a response from Professor Cameron Hepburn, Director of the Smith School. The letter highlights recent research on CO2 utilisation as well as the potential of mandatory carbon sequestration - requiring fossil-fuel companies to capture and safely dispose of a fraction of the carbon dioxide that they extract or import - to speed investment in CCUS technologies.
Dr Alex Money explores climate-related risk and the role of research analysts in this op-ed for the Financial Times. Dr Money is the Director of the Innovative Infrastructure Investment Programme at the Oxford Smith School of Enterprise and Environment and a former fund manager.
As extreme heat grows with climate change, finding cheaper and greener cooling is crucial to protect both people and the climate. "By the end of the century, global energy demand for cooling will be more than it is for heating," Dr Radhika Khosla told the Thomson Reuters Foundation. Dr Khosla is a senior researcher at the Smith School of Enterprise and the Environment and leads the Oxford Martin programme on the future of cooling.
The Oxford Sustainable Finance Programme at the Smith School of Enterprise and the Environment is hosting the 2nd Annual Conference of the Global Research Alliance for Sustainable Finance and Investment (GRASFI) in Oxford from 3 to 6 September 2019.