Environment

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• Publications by Dieter Helm

  The Best Chance in Decades

  29th September 2003

  Published in the New Statesman, September 29th 2003, pp. xiii-xiv. We know burning fossil fuels is dangerous to the planet, too - so it's time we took a fresh look at the nuclear waste stalemate.

  Energy Environment

• Publications by Dieter Helm

  The Assessment: Climate-change Policy

  1st September 2003

  Published in Oxford Review of Economic Policy, 19(3), 349-361. The paper provides a guide to climate-change policy, and, in particular, the three core components: targets, instruments, and institutional structures. First, the optimal path for reducing carbon-dioxide (CO2) emissions, and the role of the social cost of carbon in the estimation and revision of the path are set out. Second, the policy instruments, or combination of instruments, taxes, permits, and command-and-control, which are...

  Environment

• Publications by Dieter Helm

  Credible Carbon Policy

  1st September 2003

  By D. Helm, C. Hepburn and R. Mash, published in the Oxford Review of Economic Policy, 19(3), 438-450. The paper sets out the credibility problem in carbon policy, provides a number of examples of non-credibility in recent energy policy, and identifies the costs of failing to address it. The time inconsistency of carbon policy - arising because of multiple objectives, the irreversibility of energy investments, and the scope for ex-post reneging on ex-ante commitments to set policy instruments,...

  Energy Environment

• Publications by Dieter Helm

  Brief Comments on the MARKAL Model and Its Use by the DTI

  10th August 2003

  The White Paper, 'Our Energy Future-A Low Carbon Economy', published in February 2003, partly relies upon the MARKAL model to justify its assertion that the costs of achieving the Royal Commission on Environmental Pollution's 60% target for the reduction of CO2 emissions by 2050 from current levels will be very small indeed, so small as to be almost unnoticeable in GDP measurement errors. This note provides a summary of some of the analytical and empirical criticisms of the MARKAL modelling and...

  Environment

• Publications by Dieter Helm

  Comment on 'Draft Social and Environmental Guidance to the Gas and Electricity Markets Authority'

  10th August 2003

  Notwithstanding the stated intention not to rewrite the Guidance from the DTI to Ofgem for five years, the White Paper, 'Our Energy Future-Creating a Low Carbon Economy', published in February 2003, sets out a radical objective of cutting CO2 emissions by 60% from the current levels by 2050, and, in consequence, the Initial Guidance has been superseded.

  Energy Environment

• Publications by Dieter Helm

  The White Paper, Security of Supply and Environmental Policy

  1st August 2003

  Published in Oxford Energy Forum, August 2003. The White Paper, 'Our Energy Future, Creating a Low Carbon Economy', published by the DTI in February 2003, represents a radical departure in energy policy. It commits the government to a 60% reduction in CO2 emissions by 2050, and hence paves the way for the replacement of an overwhelmingly carbon-based energy sector to a non-carbon one.

  Energy Environment

• Publications by Dieter Helm

  Defra Sustainable Development Task Force: Comments on Priorities and Targets

  18th July 2003

  Sustainable development has three principal components: environmental, social and economic growth. Targets and priorities are only comprehensible if they are related to objectives, and therefore the trade-offs between the three parts need to be defined.

  Environment

• Publications by Dieter Helm

  Defra Task Force on Regulation: Some Key Issues

  13th June 2003

  The Defra Regulation Task Force has been set up to review regulation across the Department. This note summarises some of the key issues which may need to be addressed.

  Environment Regulation

• Publications by Dieter Helm

  Foreword: The Environment Agency

  23rd May 2003

  Foreword to publication by The Environment Agency. Over the last two decades, the case for using market-based economic instruments in environmental policy has gradually been won. Few policy makers now oppose such instruments in principle. The debate has moved on to the altogether more difficult tasks of the design and implementation.

  Environment

• Publications by Dieter Helm

  The Sustainable Development Strategy: Issues and Priorities, Defra

  19th March 2003

  This paper reviews the concept of sustainable development and the strategy of implementation, and makes seven recommendations.

  Environment

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