How can we create a global EW sustainable supply chain capable of accelerating CO2 reduction through the 21st century? If EW was adopted, how might its net costs and potential benefits be re-distributed through time and across different regions, economic sectors and societal groups? To what extent could EW, and other carbon removal options, play a role in climate change mitigation policy for transitioning society towards a zero-carbon future? And how will public groups in the UK, North America and non-western countries, respond to and perceive the risks and benefits of possible EW proposals as an innovative response to the problem of climate change? What are the ethical implications of capturing CO2 with EW, in relation to questions of blame and responsibility for removing the onus on developed countries to reduce fossil fuel emissions? We catch up with our integrated systems modelling and macroeconomics team to summarise their research activities, progress and findings since we began in 2016, including a handy list of papers.
Read the blog here: Theme 4 blog update for macroeconomics 2016-2025