- Fernando R, Liu W, McKibbin WJ, April 2021, Global economic impacts of climate shocks, climate policy and changes in climate risk assessment paper no. 37/2021.
- Klusak P, Agarwala M, Burke M, Kraemer M, Mohaddes K, March 2021, Rising temperatures, falling ratings: The effect of climate change on sovereign creditworthiness paper no. 34/2021.
- Hesty NW, Cendrawati DG, Nepal R, Irsyad MI, March 2021, Energy potential assessments and investment opportunities for wind energy in Indonesia paper no. 31/2021.
Rapid global economic growth, particularly in China and India, has important implications for global energy use as well as causing a rapid rise in greenhouse gas emissions with implication for climate change. This program focuses on the importance of energy use and climate change as well as the associated policy responses on the macro-economy.
This program focuses on:
- Methodologies for projecting long-term energy use and carbon dioxide emissions;
- The relationship between macroeconomic performance and energy use;
- The role of relative prices in energy demand and macroeconomic outcomes;
- The macroeconomic consequences of alternative energy policies;
- The macroeconomic consequences of alternative climate change strategies; and
- The design and impact of alternative emission permit trading systems.
The Climate Change and Energy program of CAMA is included in the Think Tank Map