by Jun Rentschler and Florian Flachenecker

Resource efficiency investments tend to yield both economic and environmental benefits, yet many low- and middle-income economies lag behind. The main causes of inefficiency are market failures and distortions, which create barriers preventing firms and governments from investing in efficiency. Comprehensive strategies are needed to address the complex and interlinked causes of inefficiency.

High and volatile resource prices, uncertain supply, rising demand and environmental impacts – various factors are putting increasing pressure on policy makers, researchers, firms and investors to explore pathways towards sustainable and efficient resource management. Resource efficiency is considered to be an answer to these challenges, yielding substantial benefits – both environmentally and economically. (more…)

Two recently published papers (McGlade & Ekins (2015) and McGlade et al. (2014)) examine possible futures for fossil fuels, with a particular focus on the ‘bridging’ role that natural gas may be able to play during a transition to a global low-carbon energy system. Drawing on the findings of these papers, we have commented that the UK may be able to develop some of its potential shale gas resources within the context of a global effort to keep average global warming below 2 ^oC with a reasonable likelihood. This note aims to discuss the conditions that we consider are necessary for this to be the case. (more…)

credit: Planet Under Pressure/Elsevier

The consensus of the academic community gathered at the Planet Under Pressure conference in London at the end of March seemed to be that the pressure is indeed on, and change is needed – now.

The conference, pegged as the largest gathering of global experts on environmental and social issues in the lead up to Rio+20, aimed to send a clear message to those gathering in Brazil in June about the challenges the planet now faces. Indeed, the conference organisers, in a declaration on the state of the planet, said that safeguarding the Earth’s natural processes to ensure the wellbeing of civilisation was the defining challenge of our time.

Climate change, the global financial crisis and food, water and energy insecurity threaten civilisation as we know it – Ban Ki-moon, UN Secretary General

The sense of urgency from speakers was palpable, and their warnings stark. Population growth, increasing urbanisation and ever-greater resource demand are placing increasingly unsustainable pressures on the natural system, with many systems now believed to be at thresholds or “tipping points” beyond which changes can not be reversed.

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