Net zero emissions
To keep global warming to 1.5 – 2°C we need to balance carbon emissions and their removal from the atmosphere by the middle of the century – net zero emissions. We’re studying the economic, technical and behavioural changes that are needed for net zero and the policy interventions that can bring them about. Net zero starts with drastically reducing emissions, but we are also interested in the economics of greenhouse gas removal and negative emissions technology.
Collaborations
- Oxford Net Zero
- The Greenhouse Gas Removal Hub - CO2RE
- PRINZ
Projects
- The 'final 25%' series
- Oxford Carbon Offsetting Principles
- Electricity system economics
- EnergyRev
- Natural capital and land use economics
- Net Zero Carbon Investment Initiative: Carbon Investment
- Post-carbon transitions and sensitive intervention points
Research Highlights
Fankhauser, S., Smith, S.M., Allen, M., Axelsson, K., Hale, T., Hepburn, C., Kendall, J.M., Khosla, R., Lezaun, J., Mitchell-Larson, E. and Obersteiner, M., 2022. The meaning of net zero and how to get it right. Nature Climate Change, 12(1), pp.15-21.
Allen, M., Axelsson, K., Caldecott, B., Hale, T., Hepburn, C., Hickey, C. and Smith, S., 2020. The Oxford principles for net zero aligned carbon offsetting. University of Oxford.
