Professor David Newbery is an Emeritus Professor at the University of Cambridge and Director of the Energy Policy Research Group. Professor Newbery aims to indicate in his lecture that the design of policies to mitigate climate change can benefit from a wide range of economics specialisms, while underlining that partnership with other disciplines will be necessary to mitigate the adverse impacts of global warming.
In his talk Professor Newbery will touch on matters like:
(1) How to deal with greenhouse gases as a global stock public bad?
(2) How best to introduce a carbon price?
(3) What is the case for supporting renewables?
Overall, it seems as if economics has something useful to offer, but how much will the discipline need to draw on insights from climate science, technology, innovation policy, public finance and welfare economics in order to create an answer to one of the most pressing issues of our modern society?
This lecture was recorded on 15th November, 2017, at Mill Lane Lecture Rooms, University of Cambridge.
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