• Publication Coronavirus The Environmental Impacts of the Coronavirus
    May 7, 2020

    The Covid-19 coronavirus pandemic has resulted in global lockdowns, sharply curtailing economic activity. It is a unique experiment with substantial impacts that will form the agenda for research.
  • Video Environment Introduction to Green and Prosperous Land: A Blueprint for Rescuing the British Countryside
    April 16, 2020

    An Introduction to my new book - Green and Prosperous Land (Paperback)
  • Publication Climate Change Climate change has not gone away - COP26, net zero and the coronavirus
    April 3, 2020

    The coronavirus virus has now taken centre stage, and climate change policy developments are being postponed. There will be inevitable delays for the EU’s package and for the 6th carbon budget in the UK, and COP26 too. In the circumstances...
  • Publication Coronavirus September 2020 (and March 2021): the temporary and the permanent impacts of coronavirus
    March 25, 2020

    For very good reasons all attention is on the immediate containment of the coronavirus and protecting lives. It is also about holding the economy together and helping people and businesses faced with an unprecedented combination of demand and ...
  • Publication Environment Is rewilding the answer?
    March 16, 2020

    The last decades have been characterised by the continued destruction of the natural environment, punctuated by the occasional “successes”, like Red Kites and Sea Eagles. Faced with the broad history of failure, many have turned to the idea that what is n
  • Publication Energy What are the implications of falling oil and gas prices? The Burn Out scenario.
    March 10, 2020

    The most interesting question to ask about oil prices is: why have they taken so long to fall? Now that they have, and with a bang, it is time for the oil and gas companies, the wider energy market participants and the politicians to think through...
  • Video Transport Decarbonising Transport
    March 3, 2020

    Presentation for Transport Knowledge Hub National Workshop
  • Publication Water Floods, water company regulation and catchments: time for a fundamental rethink
    March 2, 2020

    Floods happen. They always will. The question is how to limit their impact. Short of stopping the rain, there are several obvious strategies: holding water upstream; slowing flows; building walls and other physical barriers; and building resilience into p
  • Publication Regulation Thirty years after water privatization—is the English model the envy of the world?
    November 11, 2019

    The paper considers whether water privatization 30 years ago has delivered the promised superior performance to nationalization, which remains the dominant model in Europe.
  • Publication Transport HS2: a conclusion in search of a rationale
    September 5, 2019

    What is the question or questions to which HS2 is supposed to be an answer? As with a number of big and long-term projects, as one rationale collapses another is grasped in the attempt to justify doing something, rather than work out whether it is a...
  • Publication Energy Power cuts and how to avoid them
    August 19, 2019

    Whatever the approximate causes of the particular power cuts in mid-August this year, the very idea that the electricity system could be brought to its knees just because a couple of power stations dropped off at short notice should send alarm bells...
  • Video Environment Introduction to Green and Prosperous Land: A Blueprint for Rescuing the British Countryside
    March 7, 2019

    An Introduction to my new book - Green and Prosperous Land
  • Publication Regulation The Systems Regulation Model
    February 12, 2019

    There is widespread dissatisfaction with many of the privatised utilities. In the rail sector, despite gaining from much higher revenues from a doubling of demand and significantly higher real prices, performance has been subject to repeated criticisms...
  • Publication Energy Why aren’t electricity prices falling?
    February 1, 2019

    The costs of renewables are falling, oil and gas prices have fallen back, and demand is soft. Why then are electricity prices being pushed up, rather than falling back?
  • Publication Energy Nuclear lessons for energy policy
    January 23, 2019

    The Hitachi decision has been a long time coming and is not at all surprising. It comes at a crossroads for the energy sector. Government has decided (rightly) to exit coal. It has tried and so far failed to back gas as an interim replacement...
  • Publication Regulation The Dividend Puzzle: what should utilities pay out?
    December 4, 2018

    Why does Centrica yield 9.3% and SSE 8.4%, whilst DRAX yields 3.2%? Why do United Utilities, Severn Trent and Pennon yield respectively 5.0%, 4.8% and 4.4%, and National Grid 5.8%, whilst BT yields 6.0% (all at the end of November 2018)? Why are they...
  • Publication EU Membership BREXIT: The Hotel California Syndrome
    September 10, 2018

    The Eagles song, Hotel California, has the memorable line: “you can check out any time you like. But you can never leave!”, which is a striking metaphor for the BREXIT negotiations. The full verse is:
  • Publication Water Who owns the water companies?
    July 24, 2018

    Who owns the water companies? Are publicly quoted companies better than private equity and infrastructure owned companies? Does it really matter? All sorts of claims are being made, and the merit of the discussion is that it asks very good questions...
  • Publication Energy The Nuclear RAB Model
    June 12, 2018

    If the government decides to invest in further nuclear power station projects, it should obviously try to do so at minimum cost. The Secretary of State, Greg Clark, has suggested...
  • Publication Energy BREXIT and its implications for the British energy market
    April 24, 2018

    Of all the contributions Britain has made over the four decades of membership, the creation of the Internal Energy Market (IEM) stands out....
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