This is an exciting episode with a new colleague of mine at SPRU, in Sussex Business School. Marc Hudson is a Research Fellow in the Politics of Industrial Decarbonisation Policy, part of the IDRIC project, which is investigating the UK’s NetZero Industrial Clusters.

Many researchers and policymakers frequently call for “a price on carbon” to efficiently drive widescale emissions. But Marc discusses how “carbon policies” have thus far stalled more rapid transition to technologies such as renewable energy and energy efficiency because they have, so far, led to a game of “Whac a Mole.”

While carbon markets have proliferated throughout the globe, all types of emissions continue to rise at alarming rates. In countries which have reduced their net emissions (for example in Europe), researchers have shown that emissions are largely offshored to regions and countries with much weaker policies.

His frequently updated blog also discusses a range of issues regarding climate change policy and, to put it plainly, inaction.