In 1776 the social philosopher and father of economics Adam Smith published The Wealth of Nations. For the next 100 years, this text with its ‘invisible hand’ explained how economies worked and why the Industrial Revolution made northern Europe so much richer than ever...

Many jurisdictions are encouraging the installation of residential small-scale solar power systems. The economics for this appear simple - invest in the installation now and, for the next 20+ years, reduce the electricity demand of the household on the electricity grid...

When we address climate change we evaluate risk. Reams of paper have been filled with discussion and debate on risk, but much of fit is just that: talk about risk and commentary after the fact of some event that should have been better risk-managed.  

The focu...

In responding to climate change, national policy often targets the proportion of the electricity generation that will be from renewable sources in 2020 or beyond. These targets are important and, in the absence of any other metric, they are fundamental.

The metric of a...

The global economy and insufficient progress of the Sustainable Development Goals fosters uncertainty to the lives of every man, woman and child. To then plan to purposefully take a leap of faith to address climate change adds a layer of uncertainty that is near insurm...

There is already a price for Carbon in every country on earth. In most it is not explicit. However, the wider acceptance of at least partial responsibility for the unequivocal and observed changes in the climate has provided changes in expectations that are impacting p...

At the beginning of the 20th Century Lord Kelvin addressed the British Science Association in a speech that sought to expound the accomplishments of man and noted that "There is nothing new to be discovered in physics now.". Only 5 years later, Albert Einstein wrote th...

Is Carbon Economics about money?

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The key departure of our approach from the general discussion on this subject is that we do not monetise greenhouse gases. Carbon Economics is not about the trading of carbon credits; or the investment analysis for the projects that low...