Climate and Environmental Economics and Policy module (CP53003)

You will examine the economic impacts of climate change. You will also look at the effectiveness of policies aimed at mitigating these effects. These involves analysing the costs and benefits of various environmental regulations and climate policies at international, national, and local levels.

Key areas include carbon pricing, emissions trading systems, and renewable energy incentives. This field also explores the political economy of environmental policies. You will assess how different stakeholders influence policy outcomes.

The goal is to develop strategies that balance economic growth with environmental sustainability.

What you will learn

In this module you will:

• learn the causes and impacts of climate change
• examine policy responses to climate change mitigation and adaptation
• learn about the emission trading scheme
• learn about carbon taxes
• learn about international trade and carbon leakage
• learn about cost and benefit analysis
• learn about non-market valuation
• learn about climate change and inequality

By the end of this module you will be able to

• have a critical understanding of the role of energy sector in climate change and environmental impacts
• have a critical awareness of the essential climate change and key environmental problems
• understand the various technologies that are/will play a role in the transition to a lower carbon energy sector
• have a critical understanding of the policy tools used to regulate environmental externalities

Assignments / assessment

• presentation of Country Emissions Policies (20%)
• 3,000-word research paper (40%)
• 6 hour remote online open book assessment (40%)

Teaching methods / timetable

• Lectures