An analysis from a team at the Smith School of Enterprise and the Environment finds that the U.K. could effectively eliminate the need for Russian gas imports in 2023 and oil imports by 2024 if it takes the net zero measures recommended by the Climate Change Committee's 6th carbon budget.
Taxing meat could be an important lever for aligning Western diets with environmental goals and can be designed such that low-income households and farmers are compensated, find a forthcoming paper in the Review of Environmental Economics and Policy, co-authored by SSEE Director Cameron Hepburn.
Associate Professor Radhika Khosla told the Financial Times that rising temperatures and changing demographics will increase the demand for cooling systems in Asia. 'It is hard to say to families at the cusp of an increase in income that they should not have access to a service that is tied to the idea of development... India and Indonesia are on track for very high penetration of air conditioners in the next decade,' she said.
First systematic review of spatial finance highlights potential of satellite data and A.I. for greening finance
On July 15, the Spatial Finance Initiative, part of the UK Centre for Greening Finance and Investment (CGFI), will launch a new report into the current use, and future potential of, these rapidly advancing technologies within finance.
Business Green: Big banks' big footprint: UK financial institutions responsible for double UK's annual carbon emissions, report warns
A report from WWF and Greenpeace found that UK banks and investors are responsible for almost double the UK's net annual carbon emissions. Dr Ben Caldecott, director of the Oxford Sustainable Finance Programme, told Business Green: 'UK institutions providing financial products and services globally can make a massive contribution to solving the problem and there is no time to lose.'
Professor Cameron Hepburn talked to The Guardian about the launch of the CO2 Removal Hub, which launched on 24 May with £30m of funding. He commented: 'This is seriously exciting and pretty much world leading... Nobody really wants to be in the situation of having to suck so much CO2 from the atmosphere. But that is where we are, we have delayed for too long.'
On 7 April, Sky News launched the The Daily Climate Show, a new prime time programme dedicated to covering the global climate crisis. Front and centre of the programme is the Oxford University Global Warming Index, which reveals how the Earth's temperature is steadily rising in fractions of a degree.
As the International Monetary Fund (IMF) and the World Bank Group convene their spring meetings, researchers from the Smith School of Enterprise and the Environment find that most governments' astronomical borrowing during the pandemic pays scant attention to the effects that climate change could have on their ability to repay the debt.
A new report demonstrates that for the first time, a majority of Americans live in a jurisdiction with a net zero emissions target. Furthermore, US companies accounting for at least $5.2 trillion in yearly sales have committed to net zero.
As UK citizens, should we all be doing more to make our money matter? Writing in the Telegraph, Ben Caldecott, Director of Oxford's Sustainable Finance Programme, encourages individuals to invest in companies that can prove their environmental credentials. "Getting our capital to speed up the transition to environmental sustainability is a key lever and one of the most important ones we have."