Plugging the carbon productivity gap
Productivity trends are used to explain the changing structure of the economy and to compare the UK’s performance against its peers. When the same concept is applied to energy, and ultimately to carbon, it becomes a clear measure of progress towards achieving long-term greenhouse gas emission targets. The results for the UK electricity sector suggest that, if the government’s existing targets are to be met, the current policy programme will have to be expanded during the next 10–15 years, at a cost of several billions.
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The European growth problem and what to do about it
European growth is insufficient to improve lives in the ways that citizens would like. We use the UK as a case study to assess the scale of the growth problem, underlying causes, official responses and what else might be done to improve the situation. We suggest that capital market… Read More
The 2023 annual law on the market and competition: new developments for motorway concessions in Italy
With the 2023 annual law on the market and competition (Legge annuale per il mercato e la concorrenza 2023), the Italian government introduced several innovations across various sectors, including motorway concessions. Specifically, as regards the latter, the provisions reflect the objectives of greater transparency and competition when awarding motorway concessions,… Read More