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JFMercure

@JFMercure

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Associate Prof in Climate Policy, U. Exeter Founding member C3A TREX Chief Economist Research Fellow, U. Cambridge Consultant, World Bank Views my own

Exeter, UK
Joined January 2013
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@JFMercure
JFMercure
11 months
Our recent research at Exeter @GSI_Exeter @WorldBank .By far the largest value at risk is to human capital, i.e. future expected wages, people's livelihoods and careers in sectors tied to fossil fuels. It's already happening, there is no going back.
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news.exeter.ac.uk
Continued investment in carbon-intensive industries will drastically increase the amount of “stranded assets” as the world moves to net-zero emissions, researchers warn. The study assesses how much...
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@grok
Grok
1 day
Generate videos in just a few seconds. Try Grok Imagine, free for a limited time.
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@JFMercure
JFMercure
1 year
Happy to announce that after two years at the World Bank, I've returned to the University of Exeter as Associate Prof in Climate Policy and Finance at the Business School, and member of the Global Systems Institute. I continue as consultant at WB. @GSI_Exeter @UofEBusiness.
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@JFMercure
JFMercure
1 year
New postdoc position opening in our team in Exeter working under me, modelling global emissions scenarios with E3ME-FTT. Very exciting. Only 18 months to start with but should be extended according to funding.
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@JFMercure
JFMercure
1 year
New study on the true costs of a rapid low-carbon transition: not investment in new green technology, but the loss of the brown industries where many people work, challenges in a rapidly transforming economy, and resulting new inequalities. @GSI_Exeter .
tandfonline.com
A net zero transition is likely to generate substantial and irreversible economic transformation. High-carbon industries and their related occupations will disappear, while new low-carbon industrie...
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@JFMercure
JFMercure
1 year
2 Postdoc positions available in Exeter to work on energy-economy-environment modelling, deadline coming soon!.One of the adverts below (second one coming soon):.
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@JFMercure
JFMercure
2 years
RT @EeistP: "We've been working with decision-makers in China, India, Brazil, in the UK, in the EU, [. ] asking them and trying to do mode….
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@JFMercure
JFMercure
2 years
RT @EeistP: New paper in @NatureEnergyJnl: "Economic modelling fit for the demands of energy decision makers"📈. This paper outlines success….
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@JFMercure
JFMercure
2 years
RT @EspagneEtienne: Happy to see our recent @IMFNews WP on "cross-border risks in the mid-transition" mentioned by @banquedefrance Deputy G….
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@JFMercure
JFMercure
2 years
4- The IPCC process is discrete rather than continuous, offering insights only twice per decade, reviewing information that may be outdated, based on a timescale that is likely more suitable for climatology than policy analysis.
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@JFMercure
JFMercure
2 years
3- The needs of the policy community evolve and do not necessarily follow the narratives of the IPCC’s scenario analysis. The scenario analysis risks therefore being seen as academic and impractical.🧵.
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@JFMercure
JFMercure
2 years
2- The IPCC’s scenario process seeks to set standardised climate policy narratives rather than address the emergent heterogeneous practical needs of the policy community worldwide in addressing climate change.🧵.
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@JFMercure
JFMercure
2 years
We identify 4 critical issues: 1- The IPCC’s scenario process is policy prescriptive despite aiming not to be. The principle to be ‘neutral, policy-relevant but not policy-prescriptive’, promotes an implicit one-size-fits-all policy prescription for carbon pricing alone.🧵.
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@JFMercure
JFMercure
2 years
Our take (@HectorPollitt and I) on what must change in @IPCC_CH 's work group 3 on climate change mitigation for AR7: offer granular analytic support to governments for policy design and avoid unhelpful standardised global climate policy narratives.🧵.
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nature.com
npj Climate Action - The role of the IPCC in assessing actionable evidence for climate policymaking
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@JFMercure
JFMercure
2 years
A digestible summary of our work on solar energy: Solar power expected to dominate electricity generation by 2050 – even without more ambitious climate policies. @GSI_Exeter.@CambridgeEcon @WorldBank @EeistP.
theconversation.com
Solar energy is set for a rapid expansion – but only if several barriers are overcome, according to new research.
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@JFMercure
JFMercure
2 years
RT @DrSimEvans: NEW RESEARCH. Solar will "dominate" global grid by 2040s. It's already cheapest way to get electricity in many countries –….
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@JFMercure
JFMercure
2 years
Where the solar transition hits a wall is in developing countries due to lack of low-cost finance. The problem is not about cost anymore, but about how to finance low-cost electricity projects. At high interest rates burning diesel still seems cheap. @GSI_Exeter @WorldBank.
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@JFMercure
JFMercure
2 years
It's time we revise where we understand the transition is headed. Most model baselines are wrong and have been wrong. Our evidence shows, solar energy is rising so fast that it has past a tipping point and become unstoppable. 🧵 .
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nature.com
Nature Communications - Nijsse and colleagues find that due to technological trajectories set in motion by past policy, a global irreversible solar tipping point may have passed where solar energy...
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