Transition Risk 5 results

Zero Carbon Sooner — Revised case for an early zero carbon target for the UK | Paper

This paper is an update of an earlier briefing note, revised to take account of new findings from the IPCC’s updated 6th Assessment Report (AR6). The broad aim of the paper is to establish how soon the UK should aim for (net) zero carbon emissions.

Inside Impact Investing | Triodos Podcast

Impact investing is a driving force in the transition to a more inclusive and sustainable world. In this podcast series, Tim Jackson and Hans Stegeman discuss the shortcomings of our current economic system and explore how the financial sector can play a crucial role in providing the capital needed to realise real and profound change.

Energy transition risk: The impact of declining energy return on investment (EROI) | Journal Paper

The TranSim modelling work shows that the negative effects associated with the transition—recession, stagnation, stagflation, increasing inequality and asset stranding—are positively related to the capital intensity of green energy production and reductions in EROI. Policy makers should pay close attention to the overall EROI of the entire energy system when determining energy policy. If significant reductions in EROI are unavoidable, then policy could be used to mitigate some of its negative economic effects.

Modelling Transition Risk—Towards an Agent-Based, Stock-Flow Consistent Framework

This working paper summarises the initial findings of a project whose aim has been to develop an agent-based (AB), stock-flow-consistent (SFC) macroeconomic framework to study the economic, financial and social implications of the transition to a net zero carbon economy.

Modelling Transition Risk | Blog

Tim Jackson summarises the recent TRansit project which has pioneered a novel agent-based, stock-flow consistent macro-economic model. Tim discusses the findings from the project and sets them in the context of the Bank of England’s work on ‘transition risk’.