Regulation grows. It is never reaches a stable equilibrium. There are always more things that politicians, regulators and the multiple vested interests want to do. These include new duties and responsibilities, new incentives, and most of all new spend...
Regulation grows. It is never reaches a stable equilibrium. There are always more things that politicians, regulators and the multiple vested interests want to do. These include new duties and responsibilities, new incentives, and most of all new ...
As the regulators and the utilities gear themselves up for the next round of periodic reviews around 2020, one question which is rarely considered is: do we need any more periodic reviews? Most regulatory regimes around the world don’t have them, and...
As the next periodic review of the water industry (PR19) approaches, government and regulators are going through the usual “reform” process. The temptation to meddle is just too great to resist, and this time there are some good reasons for change...
BREXIT will be played out in negotiations across a large range of policies. Amongst these, agriculture stands out. In terms of spending, the EU is mainly the Common Agricultural Policy. In the mid 1980s, it accounted for 70% of EU spending, and it has...
Green bonds have been proposed as a way to increase funding for improvements in the natural environment in general, and in natural capital in particular. This note identifies some of the core issues in thinking through how they would work in practice.
On 24th June we will know one way or the other: either the UK and Europe will be very much as it was on 22nd June; or they will be a state of considerable uncertainty. Though the markets will have to some extent anticipated the outcome, there might ...
"There would not have been the energy security strategy from No 10 [in April] unless something had gone wrong. We h… https://t.co/qe3yjRgIbV
PresentationEnvironmentA just transition for Africa May 9, 2022
A discussion on how to ensure an energy transition that is inclusive and just for all Africans.
PresentationClimate Change LIFE AFTER COP26 May 5, 2022
Presentation to Flame 2022
Recent Publications
The longer-term consequences of the energy crisis require a permanent cost solution to be ...
Keynote speech at the Policy Exchange
With energy bills set to increase from 1st April, and just 13 years for the electricity se...