Publications

All Publications

• 2018

  • 
    Encouraging innovation that protects environmental systems: five policy proposals with Pless, Popp, The Review of Environmental Economics and Policy, 12(1), 154-169,2018.

• 2017

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    National Wealth: What is Missing, Why it Matters edited with Hamilton, Oxford University Press, 2017.
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    Looking Back at Social Discounting Policy: The Influence of Papers, Presentations, Political Preconditions, and Personalities with Groom, Review of Environmental Economics and Policy, 11(2), 336–356, 2017.
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    Climate change policy after Brexit with Teytelboym, Oxford Review of Economic Policy, 33, S1, S144–S154, 2017.
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    Prove Paris was more than paper promises with Victor, Akimoto, Kaya, Yamaguchi, Cullenward, Nature, 548, 25–27, 2017.
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    Climate change economics: Make carbon pricing a priority Nature Climate Change, 7, 389-390, 2017.

• 2016

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    The economics of the EU ETS market stability reserve with Acworth, Burtraw, Jotzo and Neuhoff, Journal of Environmental Economics and Management, 80, 1-5, 2016.
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    The ‘2°C capital stock’ for electricity generation: Committed cumulative carbon emissions from the electricity generation sector and the transition to a green economy with Beinhocker, Millar and Pfeiffer, Applied Energy, 196, 1395–1408, 2016.
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    Climate Policy When Preferences Are Endogenous—and Sometimes They Are with Mattauch Midwest Studies in Philosophy, 40:1, 76-95, 2016.
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    Global warming: Shareholders must vote for climate-change mitigation with Convington and Thornton Nature, 530:7589, 156, 2016.
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    Facing the Challenge of Climate Change with Pfeiffer, Journal for Emerging Market Economies, 8:2, 201-215, 2016.

• 2015

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    A Third Wave in the Economics of Climate Change with Farmer, Mealy and Teytelboym, Environmental and Resource Economics 62:2, 329-357, 2015.
  • Certificates for CCS at reduced public cost: securing the UK’s energy and climate future, Energy Bill 2015 with Haszeldine, Allen, Le Quéré and Millar, Earth and Planetary Science Research Institute Publications, 2015.
  • Dealing with uncertainty: Response-resilient climate change mitigation polices for long-lived and short-lived climate pollutants with Millar, Boneham, Allen, American Geophysical Union, Fall Meeting 2015
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    Dangerously incomplete climate economic models Climate Change: A Risk Assessment, Centre for Science and Policy, 2015

• 2014

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    Green Growth Oxford Review of Economic Policy, 30:3, 2014.
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    Green Growth: an assessment with Bowen, Oxford Review of Economic Policy, 30:3, 407-422, 2014.
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    Resilient and Inclusive Prosperity within Planetary Boundaries with Beinhocker, Farmer and Teytelboym, China and World Economy, 22:5, 76-92, 2014.
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    Contributors to the frequency of intense climate disasters in Asia-Pacific countries With Thomas and Albert, Climatic Change, 126, 381-398, 2014
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    Wealth with Hamilton, Oxford Review of Economic Policy, 30:1, 1-20, 2014.
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    Nature in the Balance: The Economics of Biodiversity with Helm, Oxford University Press, 2014

• 2013

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    Permits to pollute can be bought too cheaply with Calel, The Conversation, 1 August 2013
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    Benefit-cost analysis of non-marginal climate and energy projects with Dietz, Energy Economics, 40, 61-71, 2013.
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    Prosperity with growth: Economic growth, climate change and environmental limits with Bowen, Handbook of Energy and Climate Change, Edward Elgar, 2013
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    Is this the end of carbon trading, or just a hiccup? The Conversation, 16 May 2013.
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    Economic instruments for climate change with Meckling, in Falkner, R. (ed) Handbook on Global Climate and Environment Policy, 2013.
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    Intermediate inputs and economic productivity with Baptist, Philosophical Transactions of the Royal Society A, 2013.
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    Tackling unsustainable wildlife trade with Dutton, Gratwicke, Herrera and Macdonald in Macdonald and Willis, Key Topics in Conservation Biology 2, 2013
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    Emissions trading with profit-neutral permit allocations with Quah and Ritz, Journal of Public Economics, 98, 85-99, 2013.

• 2012

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    How to get prosperity with growth (green growth that is) with Alex Bowen, Green Alliance Blog, December 2012
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    Carbon Markets and Climate Policy in China: China’s pursuit of a clean energy future with Chapman, Cui and Scotney The Climate Institute and Climate Bridge, October 2012.
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    The energy mix, carbon pricing and border carbon adjustments Environmental Law and Management, 24 177-185 , 2012
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    Should the EU suspend its airline emissions charge? VoxEU, 30 October 2012
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    The Economics of Biodiversity Oxford Review of Economic Policy, 28:1, 2012, with Dieter Helm.
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    Trade, climate change and the political game theory of border carbon adjustments with Helm and Ruta, Oxford Review of Economic Policy, 28:2, 2012.
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    Self-interested low-carbon growth in Brazil, China and India with Anthoff, Baptist, Gradwell, Hope, Krahé and Ward, Global Journal of Emerging Market Economies, 4 291-318, 2012.
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    The economic analysis of biodiversity: an assessment with Helm, Oxford Review of Economic Policy, 28:1, 1-21, 2012.
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    Analysis and control design of sustainable policies for greenhouse gas emissions with Chu, Duncan and Papachristodoulou, Applied Thermal Engineering, 1-12, 2012.
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    Carbon price floor crucial with Frank Jotzo, Erwin Jackson, Tony Wood, Australian Financial Review, 2012
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    The surrender charge on international units in the Australian ETS LSE Grantham Institute, January 2012.

• 2011

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    The Australian Government’s proposals for a carbon pricing policy LSE Grantham Institute, August 2011.
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    Thinking through the climate change challenge VoxEU, January 2011.
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    Action on Climate Change in Asia’s Self-Interest with Ward, in Harinder Kohli, Ashok Sharma and Anil Sood (eds.) Asia 2050: Realizing the Asian Century, Emerging Markets Forum, 2011
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    Carbon Trading: Unethical, Unjust and Ineffective? with Caney, Royal Institute of Philosophy Supplement, 69, 201-234, 2011.
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    A Stated Preference Investigation into the Chinese Demand for Farmed vs. Wild Bear Bile with Dutton and MacDonald, PloS One, 6:7, e21243, 2011.
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    Self-interested Low-carbon Growth in G-20 Emerging Markets with Ward, Global Journal of Emerging Market Economies, 3:2, 195-222, 2011.
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    Optimal harvesting of fish stocks under a time-varying discount rate with Duncan and Papachristodoulou, Journal of Theoretical Biology, 269:1, 166-173, 2011.

• 2010

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    Ethics and discounting global warming damages in Ian Parry and Felicia Day (eds.) Issues of the Day: 100 Commentaries on Climate, Energy, the Environment, Transportation, and Public Health Policy, Earthscan, 2010
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    Combining multiple climate policy instruments: how not to do it with Fankhauser and Park, Climate Change Economics, 1:3, 209-225, 2010.
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    Behavioural Economics, Hyperbolic Discounting and Environmental Policy with Duncan and Papachristodoulou, Environmental and Resource Economics, 46:2, 189–206, 2010.
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    Environmental policy, government and the market Oxford Review of Economic Policy, 26:2, 117-136, 2010.
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    Designing carbon markets, Part I: Carbon markets in time with Fankhauser, Energy Policy, 38:8, 4363-4370, 2010.
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    Designing carbon markets, Part II: Carbon markets in space with Fankhauser, Energy Policy, 38:8, 4381-4387, 2010.
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    International Air Travel and Greenhouse Gas Emissions: A Proposal for an Adaptation Levy with Mueller, The World Economy, 33:6, 830-849, 2010.
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    An issue of trust: state corruption, responsibility and greenhouse gas emissions with Frame, Environmental Research Letters, 5, 014004, 2010.

• 2009

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    Super solution to climate change Hepburn, C. (2009), Australian Broadcasting Corporation, December 2010.
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    Green light for a Keynesian stimulus Hepburn, C. (2009), CEO Today, January 2009.
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    International Carbon Finance and the Clean Development Mechanism in Dieter Helm and Cameron Hepburn (eds.) The Economics and Politics of Climate Change, Oxford: Oxford University Press, 409-429.
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    Carbon taxes, emissions trading and hybrid schemes Hepburn, C. (2009) in Dieter Helm and Cameron Hepburn (eds.) The Economics and Politics of Climate Change, Oxford: Oxford University Press, 365-384.
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    The Global Deal on Climate Change Hepburn, C. and Stern, N. (2009) in Dieter Helm and Cameron Hepburn (eds.) The Economics and Politics of Climate Change, Oxford: Oxford University Press, 36-57.
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    Introduction – The Economics and Politics of Climate Change with Helm, in Dieter Helm and Cameron Hepburn (eds.) The Economics and Politics of Climate Change, Oxford: Oxford University Press, 1-5.
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    Siblings, Not Triplets: Social Preferences for Risk, Inequality and Time in Discounting Climate Change with Atkinson, Dietz, Helgeson and Saelen, Economics e-journal, 2009-26, June, 2009.
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    Equity weighting and the marginal damage costs of climate change with Anthoff and Tol, Ecological Economics, 68:3, 836-849, 2009.
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    Social discounting under uncertainty: a cross country comparison with Koundouri, Panopoulou, and Pantelidis, Journal of Environmental Economics and Management, 57:2, 140-150, 2009.
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    The Economics and Politics of Climate Change with Helm, Oxford University Press, 2009

• 2008

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    Saving the planet: it’s down to business Hepburn, C. (2008), Sydney Morning Herald, 1 September 2008.
  • Climate Change Oxford Review of Economic Policy, 24:2, 2008, with Dieter Helm.
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    A new global deal on climate change with Stern, Oxford Review of Economic Policy,24:2, 259-279, 2008.
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    Economics, ethics and climate change with Dietz, and Stern, in Kaushik Basu and Ravi Kanbur (ed.) Arguments for a Better World: Essays in Honour of Amartya Sen (Volume 2: Society, Institutions and Development), Oxford: Oxford University Press, in press, 2008

• 2007

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    Response to Defra consultation on voluntary carbon offsets Hepburn, C. (2007), mimeo
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    Use of Discount Rates in the Estimation of the Costs of Inaction with Respect to Selected Environmental Concerns OECD Environment Directorate, ENV/EPOC/WPNEP(2006)13/FINAL, 2007
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    Valuing the far-off future: discounting and its alternatives in Atkinson, G., Dietz, S. and Neumayer, E. (eds) Handbook of Sustainable Development, chapter 7, 2007
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    Carbon trading: a review of the Kyoto mechanisms Annual Review of Environment and Resources, 32, 375-393, 2007.
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    Ethics of the discount rate in the Stern Review on the Economics of Climate Change with Beckerman, World Economics, 8:1, 187-210, 2007.
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    Gamma discounting and expected net future value with Groom, Journal of Environmental Economics and Management,53:1, 99-109, 2007.
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    Regret theory and the tyranny of choice with Irons, Economic Record, 83:261, 191-203, 2007.
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    Recent advances in discounting: implications for forest economics with Koundouri, Journal of Forest Economics, 13:2, 169-189, 2007.

• 2006

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    Discounting climate change damages: Working note for the Stern review Hepburn, C. (2006), mimeo, October.
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    IATAL — an outline proposal for an International Air Travel Adaptation Levy Müller, B., Oxford Institute for Energy Studies, October, 2006
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    Regulating by prices, quantities or both: a review of instrument choice Oxford Review of Economic Policy, 22:2, 226-247, 2006.
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    Auctioning of EU ETS Phase II allowances: why and how?’ with Neuhoff, Grubb, Matthes and Tse, Climate Policy, 6:1, 137-160, 2006.
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    Emissions, firm profits and market prices: the consequences from emissions trading with Smale, Hartley, Grubb, and Ward, Climate Policy, 6:1, 29-46, 2006.
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    Discounting and the social cost of carbon: A closer look at uncertainty with Guo, Tol and Anthoff, Environmental Science and Policy, 9:3, 205-216, 2006.

• 2005

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    Implications of declining discount rates for UK climate change policy with Groom, and Koundouri, in Peace, D. (ed) Valuing the Environment in Developed Countries, Cheltenham, UK: Edward Elgar, chapter 5, 2005
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    Discounting the future: the long and the short of it with Groom, Koundouri and Pearce, Environmental and Resource Economics, 31:1, 445-493, 2005.
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    Clashing strategic cultures and climate policy with Ceronsky, Obersteiner and Yamagata, Climate Policy, 4:4, 347-357, 2005.
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    Credible carbon policy in Helm, D. (ed) Climate-change policy, Oxford, UK: Oxford University Press, chapter 14, 2005

• 2004

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    Time-inconsistent environmental policy and optimal delegation with Helm and Mash, Royal Economic Society, Conference Paper, 2004

• 2003

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    Valuing the future: recent advances in social discounting with Pearce, Groom and Koundouri, World Economics, 4:2, 121-141, 2003.
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    Credible carbon policy with Helm and Mash, Oxford Review of Economic Policy,19:3, 438-50, 2003.