San Francisco, California
London, United Kingdom
UCL ISR Seminar
Policy Instruments to Drive the Circular Economy – Is There a Role for Primary Resource Taxation?
Dominic Hogg , Chairman, Eunomia Research & Consulting Ltd
There has been a renewed interest in the concept of the Circular Economy in recent years. This renewed interest is based on a range of factors, including the rise in prices of primary commodities since the early 2000s, one argument being that businesses who embrace more circular models will benefit from reduced input costs. The question of price volatility is also frequently raised.
This talk looks at some of the recent work which has articulated the case for a circular economy. It argues for an active role to be played by policy in shaping the circular economy, and poses the question as to what that policy might be. Much – by no means all - of the recent literature is relatively silent on what might be done in this respect other than appealing to the need to reflect externalities within prices. The talk then asks what role there could be for taxes on materials use, and the types of challenge that would need to be faced in designing such a policy. Linkages with other policy instruments, such as emissions trading, are discussed.
About the speaker:
Dr Dominic Hogg is Chairman of Eunomia Research & Consulting Ltd, the company he founded in 2001. He has worked in the environmental field for over 25 years as a campaigner, researcher and consultant. With an honours degree in physics from the University of Oxford, and a PhD on the economics of technological change from the University of Cambridge, he has worked on a wide range of cross disciplinary projects related to waste and resources policy for (amongst others) governments, WRAP, European Commission and OECD. He recently led work for DG Environment on the review of the targets under the landfill, packaging and packaging waste, and waste framework directives (part of the recently abandoned ‘Circular Economy package’), and has also led teams reviewing the potential for environmental fiscal reform in 26 EU Member States, also for DG Environment, in the context of the European Semester process. He is Chair of the Board of the West of England Nature Partnership and has acted as technical advisor to two House of Commons committee inquiries into waste management. He is an enthusiastic cyclist and swimmer.
We expect this event to be extremely popular, and places will be on a first come first served basis. If you are no longer able to attend please inform us at least 24 hours in advance so that your ticket can be reallocated, email firstname.lastname@example.org
The presentation will promptly start at 5.30pm, please make sure you arrive in plenty of time. If you arrive late we may ask you to stand at the back to ensure the seminar is not interupted.
The talk will be followed by Q&A session and a networking reception with drinks and nibbles.
When & Where
UCL Institute for Sustainable Resources
The UCL Institute for Sustainable Resources was established as an academic department in 2011. It is a cross-disciplinary institute set up to carry out research, teaching and enterprise work in the research theme of sustainable use of resources and the environment and to bring together capabilities from across UCL. In 2012 we were re-located within the Bartlett, UCL’s Faculty of the Built Environment, and have developed a close relationship with UCL-Energy, with which we undertake joint projects, and share research tools and approaches.