icon for Economics of Sustainability

Economics of Sustainability

Overview

Economics has traditionally viewed the economy and the Earth's physical and ecological systems as seperate domains.  It has not typically accounted for the economy's need for energy and material inputs and has viewed pollution as an "externality."  The Economics of Sustainability Programme is attempting to understand the economy and environment as a deeply interlinked complex system and is working to gain insights into how the human economic part of this integrated system might be transformed to become more sustainable.  The programme is looking at new ways to take into account natural capital, measure wealth creation, stimulate green technology innovation, and assess climate and economic risk.  It is also looking at new methods of modelling economy-ecosystem interactions to better understand the impact of climate policies on economic growth, employment, and political economy.  The programme is also examining the institutional innovations needed to transition to a sustainable economy.  The programme is directed by Prof. Cameron Hepburn and is conducted in partnership with Oxford's Smith School of Enterprise and the Environment.

Who's Involved?

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Richard Bailey

Senior Research Fellow

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Eric Beinhocker

Executive Director

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Ernesto Carrella

Research Fellow

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Nicolas Cerkez

Research Assistant

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Robert Hahn

Senior Research Fellow

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Cameron Hepburn

Director of Economics of Sustainability

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Luke Jackson

Research Fellow

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Laurie Laybourn-Langton

Research Assistant

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Paul Lehmann

Research fellow

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Penny Mealy

Doctoral Student

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Alexander Pfeiffer

Research Assistant

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Kevin Tang

Research Assistant

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Alex Teytelboym

Research Fellow

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Alexandra Tzvetkova

Research Assistant / Project Coordinator