Clean growth

External report

Innovation in Green Technologies

Demand for cleaner, more efficient technologies is transforming global markets and with it, the geography of innovation. Over the last 15 years, markets for new energy technologies and climate resilience have outpaced gr...Read more...

CEP report

The innovation race on geological carbon removal: who is best placed to lead?

This report analyses innovation activity represented by patenting data for two carbon dioxide removal (CDR) technologies - bioenergy with carbon capture and storage (BECCS) and direct air carbon capture and storage (DACC...Read more...

CentrePiece article

in brief... Designing carbon markets that deliver change

Ever since the European Union created its market-based carbon policy, governments and businesses have been keen to assess its impact. Jonathan Colmer, Ralf Martin, Mirabelle Muûls and Ulrich Wagner explain why analysing ...Read more...

Blog

LSE Business Review:

What an LSE-CBI survey reveals about net-zero action in UK firms

Sustainability is the focus of this second blog post about the survey of UK businesses carried out by LSE's Centre for Economic Performance and the Confederation of British Industry. Juliana Oliveira-Cunha, Bruno Serra-L...Read more...

CEP election analysis

Energy and climate change

The scale of change and investment required for net zero is challenging, but early action is the most cost-effective way to achieve the 2050 target and could bring opportunities....Read more...

Blog

INSEAD Knowledge:

Consumers' green conscience fosters clean innovation

Alexandra Roulet and Philippe Aghion explain how consumers' green conscience can foster clean innovation and provide tips for how companies can reach green goals in a highly competitive market....Read more...

Blog

LSE British Politics and Policy:

Mais lecture - a serious approach for sustainable and inclusive growth

In her Mais lecture, the Shadow Chancellor diagnosed the UK's problems of economic stagnation, persistent inequality and the instability that geopolitical shocks and climate change bring. Anna Valero outlines what a solu...Read more...

Blog

Grantham Research Institute on Climate Change and the Environment:

The UK's Spring Budget 2024: more of the same on growth and net zero?

The Spring Budget 2024 prioritised short-run tax cuts, with Chancellor Jeremy Hunt taking an extra 2% off national insurance contributions. This was anticipated, given we are in an election year - but it marks another mi...Read more...

Journal article

LSE Public Policy Review:

Net Zero and the Labour Market: Evidence from the UK

The urgent need for tackling climate change brings with it the need to understand the impacts of net zero policies on the labour market. Various approaches have been taken in attempts to measure and describe green jobs, ...Read more...

Blog

Grantham Research Institute commentary:

Sustainable investment is good macroeconomics and fiscally prudent for the UK

In the global race for supremacy in 21st century markets, the UK must create expertise in building and deploying new energy technologies, and access the opportunities for stronger and more resilient growth that will brin...Read more...

CEP Insights

Insights: condensed

The Insights series is an introduction to the work of the Centre for Economic Performance (CEP). Each Insight highlights the contribution of CEP researchers to both academic understanding and policymaking in one area of ...Read more...

Blog

LSE British Politics and Policy:

A novel way to estimate car longevity shows that electric vehicles' life mileage is increasing fast

A car's longevity is important for consumers' budgets as well as for the environment. But reliable evidence on the longevity of electric vehicles is hard to come by. Viet Nguyen-Tien and Robert Elliot, with fellow author...Read more...

CEP discussion paper

The changing nature of pollution, income and environmental inequality in the United States

This paper uses administrative tax records linked to Census demographic data and high-resolution measures of fine small particulate (PM2.5) exposure to study the evolution of the Black-White pollution exposure gap over t...Read more...

Blog

LSE British Politics and Policy:

Autumn Statement: Is the UK gearing up on policies for sustainable growth?

Growth will be a key focus of the forthcoming Autumn Statement, which the Chancellor of the Exchequer will deliver this Wednesday. Anna Valero, Esin Serin and Brendan Curran argue that effective measures to promote green...Read more...

Blog

LSE British Politics and Policy:

More steps in the wrong direction on net zero, at precisely the wrong time

This week's King's Speech has paved the way for a further weakening of climate policy in the UK by introducing a bill to support future oil and gas drilling in the North Sea. Esin Serin and Anna Valero explain how this a...Read more...

External report

Finance for the future

The UK Government has an opportunity to mobilise far greater amounts of private investment for public policy priorities than is the case now. Blended finance, deployed well, offers a tried and tested pathway for public a...Read more...

CentrePiece article

Geopolitics and the electric vehicle revolution

Rising demand for electric vehicles (EVs) is changing the geopolitical landscape, as the world pivots away from fossil fuels towards the green minerals critical to the EV supply chain. Benjamin Jones, Viet Nguyen-Tien, R...Read more...

CEP discussion paper

Induced innovation and international environmental agreements: Evidence from the ozone regime

This paper revisits one of the rare success stories in global environmental cooperation: the Montreal Protocol and the phase-out of ozone-depleting substances. I show that the protocol increased science and innovation on...Read more...

Blog

The News Agents:

Is this Sunak's 'moment of shame'? (podcast)

Rishi Sunak was propelled into explaining his new position in a hastily arranged press conference after details of plans to adjust (water down) his commitment to green policies were leaked to the BBC. Anna Valero and Lor...Read more...

Blog

LSE British Politics and Policy:

The UK should lead on a green industrial strategy not roll back

The UK government appears to be watering down its commitments to net zero, breaking the cross-party consensus on the need for Britain to lead in the global battle against climate change. Yet now is the time to double dow...Read more...

Book

The Economics of Creative Destruction
New Research on Themes from Aghion and Howitt

A stellar cast of economists examines the roles of creative destruction in addressing today’s most important political and social questions. Inequality is rising, growth is stagnant while rents accumulate, the env...Read more...

Blog

RSA:

Investment for inclusive and sustainable growth in cities

This is a decisive decade for addressing the UK's longstanding productivity problems, large and persistent inequalities across and within regions, and delivering on net zero commitments. Anna Valero has contributed this ...Read more...

Blog

VoxTalks Economics:

Is green growth possible? (Podcast)

Is innovation our best hope for dealing with climate change and, if so, how can we stimulate the sort of innovation that we need to make the green energy transition? Philippe Aghion tells Tim Phillips that we need both c...Read more...

CEP report

Seizing sustainable growth opportunities from tidal stream energy in the UK

This is the decade for managing the immense risks of climate change, and delivery on net zero. That means rapidly increasing the share of renewable sources in our energy mix alongside a step-change in energy and resource...Read more...

Blog

Vox EU:

Fostering innovation for climate neutrality

Achieving climate neutrality will require cost reductions and the rapid diffusion of existing technologies, as well as innovation in new technologies. Mario Cervantes, Chiara Criscuolo, Antoine Dechezlepretre and Dirk Pi...Read more...