BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//Talks.cam//talks.cam.ac.uk//
X-WR-CALNAME:Talks.cam
BEGIN:VEVENT
SUMMARY:St Catharine's Political Economy Seminar Series - Hector Pollitt '
 Policies to promote low-carbon technological development' - Hector Pollitt
DTSTART:20191127T180000Z
DTEND:20191127T193000Z
UID:TALK130351@talks.cam.ac.uk
CONTACT:Philippa Millerchip
DESCRIPTION:*Date:* Wednesday 27 November 2019 \n*Time:* 18:00 -19:30\n*Sp
 eaker:*  Hector Pollitt\n*Talk Title:*'Policies to promote low-carbon tech
 nological development'\n*Location:* Ramsden Room\, St Catharine's College\
 n\n*Speaker:*\nHector Pollitt is the head of modelling at Cambridge Econom
 etrics. He is a post-Keynesian economist with specific expertise in macro-
 sectoral economic modelling. He is currently researching linkages between 
 post-Keynesian economics and complexity theory. At Cambridge Econometrics\
 , Hector Pollitt oversees the application of the E3ME macro-econometric mo
 del\, which treats the economy as a dynamic system that both shapes and is
  influenced by technological development. Using the E3ME model\, he has ca
 rried out high-level policy analysis for public authorities at UK\, EU and
  global levels. He has worked with the European Commission for over ten ye
 ars and provided inputs to the recent assessment of the EU's long-term dec
 arbonisation strategy. His other recent work has shown how the development
  of low-carbon technologies could lead to long-run economic benefits. For 
 example\, his modelling for the 2018 New Climate Economy report suggested 
 that limiting global temperature change to 2°C could create $26trn of add
 itional wealth by 2030.\n\n*Talk Overview:*\nThe challenge to decarbonise 
 the global economy is primarily one of technology development and diffusio
 n. Policies that are popular with economists\, such as carbon taxes\, will
  not be effective at reducing emissions levels if consumers do not see aff
 ordable alternatives to fossil fuels. Furthermore\, without new technology
  options\, these policies are likely to cause social unrest. The solar rev
 olution has given us conclusive proof that policy can influence both the d
 irection and speed of technological development. This finding has importan
 t implications for policy makers and suggests that a much broader portfoli
 o of measures is needed than basic carbon pricing measures. \nHowever\, su
 ccessful innovation policy requires an understanding of the innovation cha
 in\, right through from basic laboratory research to final commercialisati
 on of products. Accelerating this process requires interventions at each p
 oint in the innovation chain. This seminar discusses the role of innovatio
 n policy in combating climate change. It will discuss the role of research
  in the private and public sectors\, and the interaction of incentives to 
 innovate with other climate policies.\n\nFor other Seminars see: https://w
 ww.politicaleconomy.group.cam.ac.uk\n\nPlease contact the seminar organise
 rs Philip Arestis (pa267@cam.ac.uk) and Michael Kitson m.kitson@jbs.cam.ac
 .uk) in the event of a query.
LOCATION:The Ramsden Room\, St Catharine's College
END:VEVENT
END:VCALENDAR