Is replacing coal with renewables too expensive? No, it’s the opposite, explain Tobias Adrian at the International Monetary Fund, Patrick Bolton at Imperial College London and Alissa Kleinnijenhuis at the Oxford Martin School who summarise their paper. When the social benefits are added, the net gain globally is around $78tn under a conservative estimate. That’s equal to 1.2% of current world GDP every year until 2100 – these are real economic … [Read more...]
New research ranks the 12 best ways to cut car use in cities
Behaviour change is as an important part of our transition journey as the clean energy revolution. Kimberly Nicholas at Lund University summarises research that has gathered together nearly 800 peer-reviewed reports and case studies from across Europe that analyse ways of reducing car use. One main challenge is to quantify the benefits so policy-makers and citizens can make evidence-based decisions on how to re-imagine city mobility. Nicholas … [Read more...]
Lower driving speeds + more: behaviour change can make up for 2.7m barrels/day loss of Russian oil imports
Russia normally exports 5m barrels of oil a day. Sanctions may now see Ukraine-supporting nations refuse to buy 3m of them. Can those nations cut their consumption by the same amount, immediately, and stop shortages and further price rises? Yes, says Lucas Davis at the Haas School of Business. Following the Russia-Ukraine crisis, the IEA has released a report “A 10-Point Plan to Cut Oil Use”, with ten ideas for immediate actions in advanced … [Read more...]
