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SUMMARY:Some inconvenient economics of energy and climate policy - Dr Mich
 ael Pollitt - Cambridge Judge Business School
DTSTART:20111121T183000Z
DTEND:20111121T193000Z
UID:TALK34676@talks.cam.ac.uk
CONTACT:Olivia Nicoletti
DESCRIPTION:We discuss the nature of the economic reality of energy and cl
 imate policy in the UK and the EU. We will cover four issues. First\, the 
 implications of the ongoing fiscal and economic crisis for the viability o
 f climate change mitigation investments. Second\, the game theory of clima
 te negotiations and the likelihood of reaching a global agreement on subst
 antial global emissions cuts. Third\, the economic confusion in the curren
 t mix of carbon and renewables targets. And finally\, the economic implica
 tions of energy and climate policy for households in the UK. I will conclu
 de that the inconvenient reality is that achieving the UK's and the EU's e
 nergy and climate targets for 2020 and beyond currently looks economically
  impossible.\n
LOCATION:Lecture Room 4\, Baker Building\, Department of Engineering Trump
 ington Street Cambridge\, United Kingdom
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