Plugging the carbon productivity gap
Productivity trends are used to explain the changing structure of the economy and to compare the UK’s performance against its peers. When the same concept is applied to energy, and ultimately to carbon, it becomes a clear measure of progress towards achieving long-term greenhouse gas emission targets. The results for the UK electricity sector suggest that, if the government’s existing targets are to be met, the current policy programme will have to be expanded during the next 10–15 years, at a cost of several billions.
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The UK Jurisdiction Taskforce (‘UKJT’), part of LawtechUK, has produced a Legal Statement on how English law supports the use of distributed ledger technology in equity and bond markets (also known as ‘digital securities’).1 To inform and support UKJT’s work, LawtechUK commissioned Oxera to provide economic analysis of the… Read More
Understanding and influencing behaviour: economics vs science
Have you heard the terms behavioural science and behavioural economics floating around? Individuals, corporations and governments are turning to both in the quest to understand and change human behaviour—but does their application add value? And what is the difference between these two similarly named disciplines? With reference to our… Read More