Hepburn, Cameron
Dr Cameron Hepburn
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Non LSE positions held
Department
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Position held
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Smith School of Enterprise and the Environment
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Senior Visiting Fellow
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Experience keywords:
environmental economics; biodiversity; climate change economics; carbon markets; carbon taxes; emissions trading
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Dr Cameron Hepburn is a Senior Research Fellow at the Grantham Research Institute at the London School of Economics, and a Senior Visiting Fellow at the Smith School at the University of Oxford. He has taught undergraduate, masters and doctoral students in economics and conducts research on the economics of environmental problems, including climate change, and sustainable development. His research ranges from specific questions within moral and political philosophy to detailed issues of economic policy and business strategy, including the design of emissions trading schemes and their impacts on industrial competitiveness. He is actively involved in public policy and serves as a member of the UK Defra-DECC Academic Panel, and has provided advice to various governments, the OECD and various UN agencies. He wrote two background papers for the Stern Review on the Economics of Climate Change in 2006.
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Sectors and industries to which research relates:
Energy; Environment
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Countries and regions to which research relates:
UK; EU; Australia; China
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Languages: French [Spoken: Fluent, Written: Intermediate]
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Media experience:
Has written for mainstream press; Radio; TV
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The following references are sourced from LSE Research Online|. References that are linked lead to the full text.
Hepburn, Cameron J. and Quah, John K. H. and Ritz, Robert A. (2013) Emissions trading with profit-neutral permit allocations. Journal of public economics, 98 pp. 85-99. ISSN 0047-2727 Chu, Bing and Duncan, Stephen and Papachristodoulou, Antonis and Hepburn, Cameron (2012) Using economic model predictive control to design sustainable policies for mitigating climate change. In:. Helm, Dieter and Hepburn, Cameron (2012) The economic analysis of biodiversity: an assessment. Oxford review of economic policy, 28 (1). pp. 1-21. ISSN 0266-903X Hepburn, Cameron (2012) The energy mix, carbon pricing and border carbon adjustments. Environmental law and management , 24 (4). pp. 177-185. ISSN 1067 6058 Helm, Dieter and Hepburn, Cameron and Ruta, Giovanni (2012) Trade, climate change, and the political game theory of border carbon adjustments. Oxford review of economic policy, 28 (2). pp. 368-394. ISSN 1460-2121 Caney, Simon and Hepburn, Cameron (2011) Carbon trading: unethical, unjust and ineffective? Royal Institute of Philosophy supplement, 69 pp. 201-234. ISSN 1358-2461 Frame, David J. and Hepburn, Cameron (2011) Emerging markets and climate change: Mexican standoff or low-carbon race? Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment working papers, 46. Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment, London, UK Caney, Simon and Hepburn, Cameron (2011) Carbon trading: unethical, unjust and ineffective? Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment working papers, 49. Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment, London, UK Fankhauser, Samuel and Hepburn, Cameron and Park, Jisung (2011) Combining multiple climate policy instruments: how not to do it. Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment working papers, 38. Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment, London, UK Duncan, Stephen and Hepburn, Cameron and Papachristodoulou, Antonis (2011) Optimal harvesting of fish stocks under a time-varying discount rate. Journal of theoretical biology, 269 (1). pp. 166-173. ISSN 0022-5193 Hepburn, Cameron and Müller, Benito (2010) International air travel and greenhouse gas emissions: a proposal for an adaptation levy. World economy, 33 (6). pp. 830-849. ISSN 0378-5920 Dietz, Simon and Hepburn, Cameron (2010) On non-marginal cost-benefit analysis. Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment, 18. Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment, London, UK Frame, David J. and Hepburn, Cameron (2010) An issue of trust: state corruption, responsibility and greenhouse gas emissions. Environmental research letters, 5 (1). ISSN 1748-9326 Hepburn, Cameron and Fankhauser, Samuel (2010) Designing carbon markets, part II: carbon markets in space. Energy policy, 38 (8). pp. 4381-4387. ISSN 0301-4215 Hepburn, Cameron (2010) Environmental policy, government, and the market - special issue, edited by Cameron Hepburn. Oxford review of economic policy, 26 (2). pp. 117-284. ISSN 0266-903X Fankhauser, Samuel and Hepburn, Cameron and Park, Jisung (2010) Combining multiple climate policy instruments: how not to do it. Climate change economics, 1 (33). pp. 209-225. ISSN 2010-0078 Fankhauser, Samuel and Hepburn, Cameron (2010) Designing carbon markets, part I: carbon markets in time. Energy policy, 38 (8). pp. 4363-4370. ISSN 0301-4215 Hepburn, Cameron and Duncan, Stephen and Papachristodoulou, Antonis (2010) Behavioural economics, hyperbolic discounting and environmental policy. Environmental and resource economics, 46 (2). pp. 189-206. ISSN 0924-6460 Hepburn, Cameron (2009) Super solution to climate change. ABC Hepburn, Cameron (2009) International carbon finance and the clean development mechanism. In: Helm, Dieter and Hepburn, Cameron, (eds.) The economics and politics of climate change. Oxford University Press, Oxford, UK, pp. 409-429. ISBN 9780199573288 Hepburn, Cameron (2009) Carbon taxes, emissions trading and hybrid schemes. In: Helm, Dieter and Hepburn, Cameron, (eds.) The economics and politics of climate change. Oxford University Press, Oxford, UK, pp. 365-384. ISBN 9780199573288 Hepburn, Cameron and Stern, Nicholas (2009) The global deal on climate change. In: Helm, Dieter and Hepburn, Cameron, (eds.) The economics and politics of climate change. Oxford University Press, Oxford, UK, pp. 36-57. ISBN 9780199573288 Helm, Dieter and Hepburn, Cameron (2009) Introduction: the economics and politics of climate change. In: Helm, Dieter and Hepburn, Cameron, (eds.) The economics and politics of climate change. Oxford University Press, Oxford, UK, pp. 1-5. ISBN 9780199573288 Helm, Dieter and Hepburn, Cameron, (eds.) (2009) The economics and politics of climate change. Oxford University Press, Oxford, UK. ISBN 9780199573288 Fankhauser, Samuel and Hepburn, Cameron (2009) Carbon markets in space and time. Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment, 3. Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment, London, UK Sælen, Håkon and Dietz, Simon and Hepburn, Cameron and Helgeson, Jennifer and Atkinson, Giles (2009) Siblings, not triplets: social preferences for risk, inequality and time in discounting climate change. Economics - the open-access, open-assessment e-journal, 20 (3). pp. 1-28. ISSN 1864-6042 Hepburn, Cameron and Koundouri, Phoebe and Panopoulou, Ekaterini and Pantelidis, Theologos (2009) Social discounting under uncertainty: a cross-country comparison. Journal of environmental economics and management, 57 (2). pp. 140-150. ISSN 0095-0696 Anthoff, David and Hepburn, Cameron and Tol, Richard S. J. (2009) Equity weighting and the marginal damage costs of climate change. Ecological economics, 68 (3). pp. 836-849. ISSN 0921-8009 Hepburn, Cameron (2008) Saving the planet: it's down to business. Fairfax digital Helm, Dieter and Hepburn, Cameron (2008) Climate change - special issue, edited by Dieter Helm and Cameron Hepburn. Oxford review of economic policy, 24 (2). pp. 211-104. ISSN 0266-903X Dietz, Simon and Hepburn, Cameron and Stern, Nicholas (2008) Economics, ethics and climate change. In: Basu, Kaushik and Kanbur, Ravi, (eds.) Arguments for a Better World: Essays in Honour of Amartya Sen.. Oxford university Press, Oxford, U.K., pp. 19-20. ISBN 13: 978-0-19-923999-3 Hepburn, Cameron and Stern, Nicholas (2008) A new global deal on climate change. Oxford review of economic policy, 24 (2). pp. 259-279. ISSN 0266-903X Hepburn, Cameron (2007) Use of discount rates in the estimation of the costs of inaction with respect to selected environmental concerns. OECD Papers, 7 (9). pp. 1-42. ISSN 1609-1914 Hepburn, Cameron (2007) Carbon trading: a review of the Kyoto mechanisms. Annual review of environment and resources, 32 pp. 375-393. ISSN 1545-2050 Hepburn, Cameron and Koundouri, Phoebe (2007) Recent advances in discounting: implications for forest economics. Journal of forest economics, 13 (2-3). pp. 169-189. ISSN 1104-6899 Irons, Ben and Hepburn, Cameron (2007) Regret theory and the tyranny of choice. Economic record, 83 (261). pp. 191-203. ISSN 0013-0249 Helm, Dieter and Hepburn, Cameron (2007) Carbon contracts. In: Helm, Dieter, (ed.) The new energy paradigm. Oxford University Press, Oxford, UK, pp. 63-75. ISBN 9780199229703 Hepburn, Cameron (2007) Response to Defra consultation on voluntary carbon offsets. Cameron Hepburn Hepburn, Cameron and Groom, Ben (2007) Gamma discounting and expected net future value. Journal of environmental economics and management, 53 (1). pp. 99-109. ISSN 0095-0696 Hepburn, Cameron (2007) Valuing the far-off future: discounting and its alternatives. In: Atkinson, Giles and Dietz, Simon and Neumayer, Eric, (eds.) Handbook of sustainable development. Edward Elgar, Cheltenham, UK, pp. 109-124. ISBN 9781843765776 Beckerman, Wilfred and Hepburn, Cameron (2007) Ethics of the discount rate in the Stern Review on the economics of climate change. World economics, 8 (1). pp. 187-210. ISSN 1468-1838 Müller, Benito and Hepburn, Cameron (2006) IATAL: an outline proposal for an international air travel adaptation levy. Oxford Institute for Energy Studies, Oxford, UK Groom, Ben and Hepburn, Cameron and Koundouri, Phoebe (2006) Implications of declining discount rates for UK climate change policy. In: Peace, D., (ed.) Valuing the environment in developed countries. Edward Elgar, Cheltenham, UK. ISBN 9781840641479 Hepburn, Cameron (2006) Regulation by prices, quantities, or both: a review of instrument choice. Oxford review of economic policy, 22 (2). pp. 226-247. ISSN 0266-903X Hepburn, Cameron and Grubb, Michael and Neuhoff, Karsten and Matthes, Felix and Tse, Maximilien (2006) Auctioning of EU ETS phase II allowances: how and why? Climate Policy, 6 (1). pp. 137-160. ISSN 1469-3062 Smale, Robin and Hartley, Murray and Hepburn, Cameron and Ward, John and Grubb, Michael (2006) The impact of CO2 emissions trading on firm profits and market prices. Climate Policy, 6 (1). pp. 31-48. ISSN 1469-3062 Dietz, Simon and Bowen, Alex and Hepburn, Cameron and Hope, Chris and Ranger, Nicola and Stern, Nicholas (2006) On discounting non-marginal policy decisions and cost-benefit analysis of climate-change policy. Social Science Research Network Guo, Jiehan and Hepburn, Cameron and Tol, Richard S. J. and Anthoff, David (2006) Discounting and the social cost of carbon: a closer look at uncertainty. Environmental science & policy, 9 (3). pp. 205-216. ISSN 1462-9011 Hepburn, Cameron and Klemperer, Paul (2006) Discounting climate change damages: working note for the Stern review. Cameron Hepburn Groom, Ben and Hepburn, Cameron and Koundouri, Phoebe and Pearce, David (2005) Declining discount rates: the long and the short of it. Environmental & resource economics, 32 (4). pp. 445-493. ISSN 0924-6460 Helm, Dieter and Hepburn, Cameron and Mash, Richard (2005) Credible carbon taxes. In: Helm, Dieter, (ed.) Climate change policy. Oxford University Press, Oxford, UK, pp. 305-321. ISBN 9780199281459 Ceronsky, Megan and Hepburn, Cameron and Obersteiner, Michael and Yamagata, Yoshiki (2005) Clashing strategic cultures and climate policy. Climate Policy, 4 (4). pp. 347-357. ISSN 1469-3062 Mash, Richard and Helm, Dieter and Hepburn, Cameron (2003) Time inconsistent environmental policy and optimal delegation. Department of Economics discussion paper series, 175. Department of Economics, Oxford University, Oxford, UK Pearce, David and Groom, Ben and Hepburn, Cameron and Koundouri, Phoebe (2003) Valuing the future: recent advances in social discounting. World economics, 4 (2). pp. 121-141. ISSN 1468-1838 Helm, Dieter and Hepburn, Cameron and Mash, Richard (2003) Credible carbon policy. Oxford review of economic policy, 19 (3). pp. 438-450. ISSN 0266-903X Hepburn, Cameron Green light for a Keynesian stimulus. In: CEO today. .
LSE Research Online is the primary resource for references to publications. For queries or updates please email the LSE Research Online team at lseresearchonline@lse.ac.uk|.
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AwardsRhodes Scholarship, University of Oxford
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Cameron holds degrees in law and chemical engineering from Melbourne University and a MPhil and DPhil in economics from the University of Oxford, where he was a Rhodes Scholar. He is also a Director of Climate Bridge Ltd and of Vivid Economics Ltd
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