COP26: Raise the ambition and support a Just Transition

With just over two weeks to go until COP26, Chair of Cambridge Econometrics Richard Lewney calls for more ambitious decarbonization targets and a Just Transition. Richard shares top scenario analysis insights using our global macroeconomic model E3ME.
Existing Nationally Determ…

Build Back Better: smarter investment decision making

portland oregon

“Build back better” has become a mantra of our time. In the US, the Biden administration is trying to secure a multi-trillion-dollar package of infrastructure spending to drive change.
Together Cambridge Econometrics, ECONorthWest and Hodge Economic Consulting have been …

A Diet Green New Deal: Relief, Recovery, and Transformation?

Although he might still be insisting otherwise, Donald Trump lost the 2020 presidential election. Joe Biden secured a victory with a record-breaking popular vote and the necessary electoral college votes to safely secure the presidency. Biden won the presidency, and the Democ…

Net-zero China: millions of workers will be affected

china jobs net zero coal

Our Principal Economic Modeller, Unnada Chewpreecha, takes a look at what China’s net zero pledge means for jobs in the country.
Two weeks ago, President Xi of China announced that China intended to peak its CO2 emissions before 2030 and achieve carbon neutrality (net-zero CO2 em…

The future of economics

future of economics

A rare dip into economic philosophy recently turned up a timely piece on the issues that macroeconomics is facing. It prompted our Head of Modelling, Hector Pollitt, to question the future of economics.
Robert Delorme lays out a ‘problem first’ approach to economic analysis. …

The risks of extending the EU Emissions Trading System

emissions trading scheme

The European Commission is currently running a public consultation on extending the European Union’s Emissions Trading System (EU ETS) to include road transport and the heating of buildings.
Jon Stenning explores the issue, drawing on technology diffusion and macroeconomic anal…