To slash emissions, slow the loss of biodiversity and secure food for a growing world population, there must be a change in the way meat and dairy is made and consumed.
Brian O’Callaghan, lead researcher at the Smith School's Economic Recovery Project, provided expert commentary on the US Inflation Reduction Act 2022 - a transformative new climate bill. He noted, among other points, that the bill has nothing to fulfill America’s broken promise of billions of dollars in climate aid for poor nations.
The i newspaper speaks to Greg Jackson, founder and CEO of Octopus Energy, and references recent research on energy security from the Oxford Smith School. “The choices made now will determine the course of the next 10 years – in terms of energy security, cost and our future environment,” said Professor Sam Fankhauser, Dr Steve Smith and Dr Anupama Sen. “More renewables actually raises security and lowers cost.”
As thousands of people in Yorkshire, Lincolnshire and the north-east were left without power after transmission equipment overheated, Dr Sam Fankhauser, professor of climate economics at the University of Oxford said the heat was “a stark reminder of … the urgent need to decrease global carbon emissions."
A new Oxford report reveals green government investments are demonstrably superior to dirty investment options; they can be faster, create more jobs and boost economic growth.
Researchers from the University of Oxford institution parsed more than 900 papers on the economic characteristics of green spending before concluding there is "strong evidence" that green investments outperform fossil fuel investments in terms of job creation.
Most European Union countries have boosted their renewable plans since 2020, putting them on course to cut fossil fuel use this decade as the energy and COVID-19 crises have spurred, not derailed their green transition, Reuters reports.
"The recovery has been wildly inconsistent around the world," said Brian O'Callaghan, lead researcher at Oxford University's Economic Recovery Project, pointing to Australia, China and India as having relatively small shares of green COVID-19 recovery spending.
Canada started taking orders for its inaugural green bond amid a renewed global push to reduce dependence on fossil fuels after the Russian invasion of Ukraine brought reliance on non-renewable sources of energy back into the spotlight.
Forbes' David Vetter explores a new working paper by Bethan Adams, Kaya Axelsson and Adam Parr on the concept of an international "Carbon Club." A Carbon Club is a group of countries who individually introduce a Border Carbon Adjustment (BCA) on carbon-intensive imported goods, working independently but in parallel. Adam Parr told Vetter that "Pricing signals are a fundamental principle of how markets operate, and taxing bad stuff is a fundamental tax principle of how governments operate."