Professor Cameron Hepburn

Battcock Professor of Environmental Economics

Profile

Cameron Hepburn is the Battcock Professor of Environmental Economics at the Smith School of Enterprise and the Environment, University of Oxford. He also serves as the Director of the Economics of Sustainability Programme, based at the Institute for New Economic Thinking at the Oxford Martin School.

Cameron has published widely on energy, resources and environmental challenges in various disciplines including engineering, biology, philosophy, economics, public policy and law, drawing on his undergraduate degrees in law and engineering (Melbourne University) and master's and doctorate in economics (Oxford as a Rhodes Scholar). He has co-founded and exited three startups and invests in and supports other early-stage ventures. Cameron advises financial institutions, private equity firms, corporate boards and government ministers on climate, energy, and environmental issues.

Projects

Teaching

Current graduate research students

Publications

Journal (20)

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Fankhauser S and others, ‘A 10-Point Plan to Scale up Renewable Energy in the Global South’ [2024] Climate Policy

Hale T and others, ‘Regulating Net Zero: From Groundswell to Ground Rules’ (2024) 14 Nature Climate Change 306

Barbrook-Johnson P and others, ‘Economic Modelling Fit for the Demands of Energy Decision Makers’ (2024) 9 Nature Energy 229

Vidal F and others, ‘Designing a Circular Carbon and Plastics Economy for a Sustainable Future’ (2024) 626 Nature 45

Savelli I and others, ‘Putting Wind and Solar in Their Place: Internalising Congestion and Other System-Wide Costs With Enhanced Contracts for Difference in Great Britain’ (2022) 113 Energy Economics

Fankhauser S and others, ‘The Meaning of Net Zero and How to Get It Right’ (2021) 12 Nature Climate Change 15

Kruitwagen L and others, ‘A Global Inventory of Photovoltaic Solar Energy Generating Units’ (2021) 598 Nature 604

Morstyn T, Savelli I and Hepburn C, ‘Multiscale Design for System-Wide Peer-to-Peer Energy Trading’ (2021) 4 One Earth 629

Morstyn T and others, ‘Integrating P2P Energy Trading With Probabilistic Distribution Locational Marginal Pricing’ (2019) 11 IEEE Transactions on Smart Grid 3095

Cohen F, Hepburn C and Teytelboym A, ‘Is Natural Capital Really Substitutable?’ (2019) 44 Annual Review of Environment and Resources 425

Farmer D and others, ‘Sensitive Intervention Points in the Post-Carbon Transition’ (2019) 364 Science 132

Beinhocker E, Farmer J and Hepburn C, ‘The Tipping Point: How the G20 Can Lead the Transition to a Prosperous Clean Energy Economy’ [2018] G20 Insights

Pfeiffer A and others, ‘Committed Emissions from Existing and Planned Power Plants and Asset Stranding Required to Meet the Paris Agreement’ (2018) 13 Environmental Research Letters

Cruetzig F and others, ‘Towards Demand-Side Solutions for Mitigating Climate Change’ (2018) 8 Nature Climate Change 268

Garrick D and others, ‘Valuing Water for Sustainable Development.’ (2017) 358 Science 1003

Farmer J and others, ‘A Third Wave in the Economics of Climate Change’ (2015) 62 Environmental and Resource Economics 329

Hepburn C and others, ‘Resilient and Inclusive Prosperity Within Planetary Boundaries’ (2014) 22 China & World Economy 76

FANKHAUSER S, HEPBURN C and PARK J, ‘COMBINING MULTIPLE CLIMATE POLICY INSTRUMENTS: HOW NOT TO DO IT’ (2010) 1 Climate Change Economics 209

Fankhauser S and Hepburn C, ‘Designing Carbon Markets, Part II: Carbon Markets in Space’ (2010) 38 Energy Policy 4381

Fankhauser S and Hepburn C, ‘Designing Carbon Markets. Part I: Carbon Markets in Time’ (2010) 38 Energy Policy 4363