Climate Economics Update Aviation pins its hopes on sustainable jet fuel The aviation sector is pinning its hopes on sustainable aviation fuel to help cut its carbon footprint over the coming decades. But any ramp-up in biofuel usage would pit aviation against the needs of... 25th May 2023 · 7 mins read
Climate Economics Focus Quantifying the economic hit from climate change Many academic studies underplay the extent to which higher temperatures could affect economic activity over the long run. Nonetheless, even in a scenario in which the global average temperature rose... 16th May 2023 · 14 mins read
Event Drop-In: Climate goals and the energy market’s radical redesign 17th May 2023, 3PM BST Although global energy consumption has increased 300% since 1965, the energy mix has barely budged, with the share of fossil fuels falling to just 82% from 93%. However, as economies of scale kick in…
Climate Economics Monthly China rebound to boost emissions; EU targets shipping The pick-up in our China Activity Proxy in March suggests that carbon dioxide emissions from the country ended Q1 growing at the fastest year-on-year rate since mid-2021. With the economy now expected... 28th April 2023 · 5 mins read
Energy Focus Introducing our long-term energy market forecasts The global energy market is in the early days of a radical redesign due to the need to cut greenhouse gas emissions. In this Focus, we introduce our long-term energy market forecasts, which are... 27th April 2023 · 14 mins read
Green Transition Chart Book Renewable costs: what goes up must go down? In this new quarterly publication, the Capital Economics’ Climate and Commodities teams will track and analyse developments in the transition to a greener global economy. The sharp increases in the... 26th April 2023 · 10 mins read
US Commercial Property Update Assessing the physical climate change risks to property The physical risks facing commercial property are substantial with extreme weather events like floods and wildfires set to increase in both the US and Europe over the coming decades. Property markets... 21st April 2023 · 7 mins read
Middle East Economics Weekly Aramco-PIF, COP28, Tunisia politics, Black Sea grain The latest transfer of a 4% stake in Aramco by the Saudi government to the Public Investment Fund will help meet the Kingdom meet its Vision 2030 goals, but it will not reduce the state’s dependency... 20th April 2023 · 6 mins read
Climate Economics Update The economic implications of de-carbonising shipping The shipping industry is notable as being both a vital artery of world trade and one of the trickiest sectors to de-carbonise. This Update looks at five key questions on the near-term plans to reduce... 13th April 2023 · 6 mins read
Latin America Economics Update Drought to push Argentina’s economy into deep recession The historic drought afflicting Argentina will cause a steeper contraction in GDP than most expect this year and intensify balance of payments strains by reducing export earnings to the tune of 2-3%... 5th April 2023 · 3 mins read
Climate Economics Update Voltaire would despair of the UK’s climate strategy The “Powering up Britain” plan presented by the UK government this week highlights the benefits and limitations of official involvement in reducing emissions. On the one hand, the plans to reduce the... 31st March 2023 · 4 mins read
Climate Economics Monthly IPCC in brief; a nuanced look at renewable rollouts On the face of it, the chunky 9.6% increase in global renewable electricity generating capacity in 2022 is an encouraging sign of things going in the right direction. But some nuance is in order... 31st March 2023 · 6 mins read
Middle East Economics Weekly Water strains, Saudi-China relations, CBE meeting Tunisia and Morocco are in the midst of severe droughts that could weigh on activity in the key agricultural and tourism sectors, and could possibly stoke social unrest. Elsewhere, Saudi Arabia... 30th March 2023 · 6 mins read
Energy Update Clean tech race to hit EU coal and gas demand The EU’s Net-Zero Industry Act announced last week aims to keep the manufacture of clean technologies within the EU and shows that global fracturing will take place within blocs as well as between... 24th March 2023 · 4 mins read
Climate Economics Update Perma-summer time would do little to cut energy use With the clocks set to go forward in the UK and EU this weekend, it’s worth noting that the practice of “preserving” daylight has its roots in saving energy: the policy was first implemented by... 24th March 2023 · 5 mins read
Climate Economics Update In other news from Switzerland … In ordinary times, today’s launch of the Intergovernmental Panel on Climate Change’s (IPCC) sixth synthesis report in Interlaken would have been the most high-profile news event to emerge from... 20th March 2023 · 3 mins read
