Response of emissions to economic growth/recession (by Cambridge Econometrics)

This report was commissioned from Cambridge Econometrics by the Committee on Climate Change. It provides supporting research for the CCC’s report: Meeting Carbon Budgets – 3rd Progress Report to Parliament.

The supporting research considers whether growth and recession periods have implications for long-term emissions because of persistent changes to economic growth prospects, global energy prices, and the impact on the energy-consuming capital stock. The supporting research also assesses whether The Department of Energy and Climate Change’s (DECC) energy model is a suitable tool in making projections.