# Cameron Hepburn

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{{Short description|Australian economist}}
{{Use dmy dates|date=October 2020}}
{{Infobox economist
| name = Cameron Hepburn
| school_tradition =

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| birth_place = [Australia](/source/Australia)
| institution = [University of Oxford](/source/University_of_Oxford)
| field = {{hlist |[Environmental Economics](/source/Environmental_Economics)}}
| alma_mater = {{unbulleted list |[University of Melbourne](/source/University_of_Melbourne) |[University of Oxford](/source/University_of_Oxford)}}
| awards =
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'''Cameron Hepburn''' is the former Director of the Smith School of Enterprise and the Environment, the Battcock Professor of Environmental Economics at the University of Oxford,<ref>{{Cite web |date=2023-06-08 |title=Oxford University announces the Battcock Professor of Environmental Economics |url=https://www.smithschool.ox.ac.uk/news/oxford-university-announces-battcock-professor-environmental-economics |access-date=2023-06-12 |website=www.smithschool.ox.ac.uk |language=en}}</ref> and formerly a professor at the [London School of Economics and Political Science](/source/London_School_of_Economics_and_Political_Science).<ref name=bio>{{cite web |url=http://www.cameronhepburn.com/biography/ |title=Biography |publisher=cameronhepburn.com |access-date=17 November 2014 |archive-url=https://web.archive.org/web/20141107023133/http://www.cameronhepburn.com/biography/ |archive-date=7 November 2014 }}</ref> He is also the Co-Director of the Economics of Sustainability Programme at the [Institute for New Economic Thinking](/source/Institute_for_New_Economic_Thinking) at the [Oxford Martin School](/source/Oxford_Martin_School).<ref>{{cite web|url=http://www.oxfordmartin.ox.ac.uk/people/550 |title=People Professor Cameron Hepburn |publisher=oxfordmartin.ox.ac.uk/ |access-date=6 November 2014}}</ref><ref>{{cite web |url=http://www.inet.ox.ac.uk/programmes/sustainability |title=Programmes - Economics of Sustainability |publisher=inet.ox.ac.uk/ |access-date=17 November 2014 |archive-url=https://web.archive.org/web/20141217112453/http://www.inet.ox.ac.uk/programmes/sustainability |archive-date=17 December 2014 }}</ref>

== Education ==
Hepburn attended [Camberwell Grammar School](/source/Camberwell_Grammar_School) and received his undergraduate education in law and engineering at the [University of Melbourne](/source/University_of_Melbourne) in [Australia](/source/Australia) and his master's degree and doctorate in economics from the [University of Oxford](/source/University_of_Oxford) as a [Rhodes Scholar](/source/Rhodes_Scholar).<ref>{{cite web|url=http://www.lse.ac.uk/GranthamInstitute/profile/cameron-hepburn/ |title=Cameron Hepburn Professorial Research Fellow |publisher=lse.ac.uk |access-date=17 November 2014}}</ref>

== Career ==
Hepburn was an advisor to the former [UK](/source/UK) [Secretary of State for Energy and Climate Change](/source/Secretary_of_State_for_Energy_and_Climate_Change).<ref name=morebio>{{cite web|url=http://www.oxfordmartin.ox.ac.uk/people/550 |title=People Professor Cameron Hepburn Director, Economics of Sustainability, The Institute for New Economic Thinking at the Oxford Martin School |publisher=oxfordmartin.ox.ac.uk |access-date=17 November 2014}}</ref> He used to be part of the Academic Panel within the [UK](/source/UK) [Department for Environment, Food and Rural Affairs](/source/Department_for_Environment%2C_Food_and_Rural_Affairs) and the [UK](/source/UK) [Department of Energy and Climate Change](/source/Department_of_Energy_and_Climate_Change).<ref name=morebio/> Hepburn advised the [UN](/source/UN) and the [OECD](/source/OECD) on environmental policy, energy and resources.<ref>{{cite web |url=http://www.oxfordenergy.org/author/cameron-hepburn/ |title=Cameron Hepburn &#124; Oxford Institute for Energy Studies Oxford Institute for Energy Studies |work=oxfordenergy.org |year=2014 |access-date=7 November 2014 |archive-url=https://archive.today/20141107085729/http://www.oxfordenergy.org/author/cameron-hepburn/# |archive-date=7 November 2014 }}</ref> He has also worked at [Shell](/source/Royal_Dutch_Shell), [Mallesons](/source/Mallesons), and [McKinsey & Company](/source/McKinsey_%26_Company).<ref name=morebio/>

His business endeavours have included co-founding Climate Bridge, a transnational developer of clean energy projects, as well as Vivid Economics, an environment and energy consultancy firm. In 2013 Hepburn co-founded Aurora Energy Research.<ref name=CL /> His role in co-founding these clean energy companies led in part to receiving the 2015 Advance Global Australian Award in Clean Energy.<ref>{{Cite web |last=Advance |date=2015-07-29 |title=Winners of 2015 Advance Global Australian Awards announced |url=https://www.manmonthly.com.au/winners-of-2015-advance-global-australian-awards-announced/ |access-date=2023-06-12 |website=Manufacturers' Monthly |language=en-AU}}</ref> In 2021, Vivid Economics was acquired by McKinsey & Company.<ref>{{Cite web |last= |date=2021-03-08 |title=McKinsey acquires sustainability consultancy Vivid Economics |url=https://www.consultancy.uk/news/27193/mckinsey-acquires-sustainability-consultancy-vivid-economics |access-date=2023-06-12 |website=www.consultancy.uk |language=en}} </ref>  Hepburn was the Director of the Smith School of Enterprise and the Environment<ref>{{Cite web |last=Vetter |first=David |title=Flight-Free Climate Conference Warns: 'We Are Not Acting Like This Is An Emergency' |url=https://www.forbes.com/sites/davidrvetter/2021/09/10/flight-free-climate-conference-warns-we-are-not-acting-like-this-is-an-emergency/ |access-date=2023-06-12 |website=Forbes |language=en}}</ref>, the Director of the Economics of Sustainability Programme at the Institute for New Economic Thinking, and Co-Director of the Net Zero Carbon Investment Initiative.<ref name=CE>{{cite web | url=https://cepr.org/about/people/cameron-hepburn | title=Cameron Hepburn | date=31 July 2018 }}</ref>

== Research ==
Hepburn was a Research Fellow at the [Grantham Research Institute on Climate Change and the Environment](/source/Grantham_Research_Institute_on_Climate_Change_and_the_Environment) at the London School of Economics and Political Science and his research interests include environmental economics, climate change economics, environmental policy, carbon markets and emissions trading, sustainability, and behavioural economics<ref>{{cite web|url=http://www.lse.ac.uk/GranthamInstitute/profile/cameron-hepburn/ |title=Cameron Hepburn |publisher=lse.ac.uk/GranthamInstitute/ |access-date=6 November 2014}}</ref>. He has published in a range of disciplines including economics, public policy, law, engineering, philosophy, and biology.<ref name="CL">{{Cite web |date=2017-01-31 |title=Cameron Hepburn |url=https://clcouncil.org/staff/cameron-hepburn/ |access-date=2023-06-12 |website=Climate Leadership Council |language=en-US}}</ref> His research has been presented at TEDx in Vienna<ref>{{Citation |last=Hepburn |first=Cameron |title=Runaway solutions for climate change {{!}} Cameron Hepburn {{!}} TEDxVienna |date=2019-12-06 |url=https://www.ted.com/talks/cameron_hepburn_runaway_solutions_for_climate_change |access-date=2023-06-12}}</ref>, and in London.<ref>{{cite web | url=https://www.youtube.com/watch?v=ZukUaqQ8RGc&t=9s | title=How solving the climate crisis will make us richer &#124; Cameron Hepburn &#124; TEDxLondonBusinessSchool | website=[YouTube](/source/YouTube) }}</ref>

Hepburn is an expert on economically-informed global environmental policy, especially government responses to climate change.<ref>{{Cite news |last= |first= |last2= |first2= |date=2021-05-24 |title=Trials to suck carbon dioxide from the air to start across the UK |language=en-GB |work=The Guardian |url=https://www.theguardian.com/environment/2021/may/24/trials-to-suck-carbon-dioxide-from-the-air-to-start-across-the-uk |access-date=2023-06-12 |issn=0261-3077}}</ref> This has included novel ideas to find "sensitive intervention points" in his role chairing the UK Committee on Climate Change Policy Advisory Group,<ref>{{Cite web| title=Sensitive intervention points to achieve net-zero emissions | url=https://www.theccc.org.uk/wp-content/uploads/2020/12/CCC-Policy-Advisory-Group-Report-2020-FINAL.pdf | archive-url=https://web.archive.org/web/20210203102351/https://www.theccc.org.uk/wp-content/uploads/2020/12/CCC-Policy-Advisory-Group-Report-2020-FINAL.pdf | archive-date=2021-02-03}}</ref> and to reduce emissions influencing consumers away from climate change drivers, such as introducing a [meat tax](/source/meat_tax).<ref>{{Cite web | title=It's time for a meat tax. Here's how to make it work | url=https://www.fastcompany.com/90778774/its-time-for-a-meat-tax-heres-how-to-make-it-work | archive-url=https://web.archive.org/web/20220814120721/https://www.fastcompany.com/90778774/its-time-for-a-meat-tax-heres-how-to-make-it-work | access-date=2026-02-02 | archive-date=2022-08-14}}</ref> His work on removing carbon dioxide from the atmosphere has led him to take on positions such as the Principal Investigator of the Greenhouse Gas Removal Hub.<ref>{{cite web | url=https://co2re.org/people/prof-cameron-hepburn/ | title=Prof Cameron Hepburn }}</ref> The project is funded by the UK government as a part of its mission to reduce the effects of climate change.<ref>{{cite web | url=https://www.ukri.org/news/uk-invests-over-30m-in-large-scale-greenhouse-gas-removal/ | title=UK invests over £30m in large-scale greenhouse gas removal | date=24 May 2021 }}</ref>

==Selected publications==
* {{cite journal |last1=Kruitwagen |first1=L. |last2=Story |first2=K. T. |last3=Friedrich |first3=J. |last4=Byers |first4=L. |last5=Skillman |first5=S. |last6=Hepburn |first6=C. |title=A global inventory of photovoltaic solar energy generating units |journal=Nature |date=28 October 2021 |volume=598 |issue=7882 |pages=604–610 |doi=10.1038/s41586-021-03957-7 |pmid=34707304 |bibcode=2021Natur.598..604K |s2cid=240071854 |url=https://ora.ox.ac.uk/objects/uuid:0478449c-ccbb-4f52-afb3-d38ffef3a7fa }}
* {{cite journal |last1=Hepburn |first1=Cameron |last2=O'Callaghan |first2=Brian |last3=Stern |first3=Nicholas |last4=Stiglitz |first4=Joseph |last5=Zenghelis |first5=Dimitri |title=Will COVID-19 fiscal recovery packages accelerate or retard progress on climate change? |journal=Oxford Review of Economic Policy |date=28 September 2020 |volume=36 |issue=Supplement_1 |pages=S359–S381 |doi=10.1093/oxrep/graa015 |doi-access=free |url=https://researchonline.lse.ac.uk/id/eprint/112458/ |pmc=7239121 }}
* {{cite journal |last1=Hepburn |first1=Cameron |last2=Stern |first2=Nicholas |last3=Stiglitz |first3=Joseph E. |title='Carbon pricing' special issue in the European economic review |journal=European Economic Review |date=August 2020 |volume=127 |article-number=103440 |doi=10.1016/j.euroecorev.2020.103440 |pmid=32336763 |pmc=7180378 }}
* {{cite journal |last1=Hepburn |first1=Cameron |last2=Adlen |first2=Ella |last3=Beddington |first3=John |last4=Carter |first4=Emily A. |last5=Fuss |first5=Sabine |last6=Mac Dowell |first6=Niall |last7=Minx |first7=Jan C. |last8=Smith |first8=Pete |last9=Williams |first9=Charlotte K. |title=The technological and economic prospects for CO2 utilization and removal |journal=Nature |date=7 November 2019 |volume=575 |issue=7781 |pages=87–97 |doi=10.1038/s41586-019-1681-6 |pmid=31695213 |bibcode=2019Natur.575...87H |s2cid=207911705 |doi-access=free |hdl=10044/1/75208 |hdl-access=free }}
* {{cite journal |last1=Farmer |first1=J. D. |last2=Hepburn |first2=C. |last3=Ives |first3=M. C. |last4=Hale |first4=T. |last5=Wetzer |first5=T. |last6=Mealy |first6=P. |last7=Rafaty |first7=R. |last8=Srivastav |first8=S. |last9=Way |first9=R. |title=Sensitive intervention points in the post-carbon transition |journal=Science |date=12 April 2019 |volume=364 |issue=6436 |pages=132–134 |doi=10.1126/science.aaw7287 |pmid=30975879 |bibcode=2019Sci...364..132F |s2cid=109941175 |url=https://ora.ox.ac.uk/objects/uuid:0520b2e6-7ec2-4f74-b3da-0701d3eab8b7 }}
* {{cite book |doi=10.1093/oso/9780198803720.001.0001 |year=2017 |isbn=978-0-19-880372-0 |editor-last1=Hamilton |editor-last2=Hepburn |editor-first1=Kirk |editor-first2=Cameron |title=National Wealth: What is Missing, Why it Matters }}
* {{cite book |doi=10.4337/9780857939067.00026 |chapter=Less precision, more truth: Uncertainty in climate economics and macroprudential policy |title=Handbook on the Economics of Climate Change |year=2020 |last1=Hepburn |first1=Cameron |last2=Farmer |first2=J. Doyne |isbn=978-0-85793-906-7 |s2cid=225799433 }}
* {{cite book |doi=10.1093/acprof:oso/9780199676880.001.0001 |title=Nature in the Balance |year=2014 |isbn=978-0-19-967688-0 |editor-last1=Helm |editor-last2=Hepburn |editor-first1=Dieter |editor-first2=Cameron }}
* {{cite journal |last1=Hepburn |first1=Cameron J. |last2=Quah |first2=John K.-H. |last3=Ritz |first3=Robert A. |title=Emissions trading with profit-neutral permit allocations |journal=Journal of Public Economics |date=February 2013 |volume=98 |pages=85–99 |doi=10.1016/j.jpubeco.2012.10.004 }}
* {{cite book |doi=10.1093/acprof:osobl/9780199573288.001.0001 |title=The Economics and Politics of Climate Change |year=2009 |isbn=978-0-19-957328-8 |editor-last1=Helm |editor-last2=Hepburn |editor-first1=Dieter |editor-first2=Cameron }}

==References==
{{Reflist}}

==External links==
* [http://www.cameronhepburn.com/ Personal website]
* [http://www.oxfordmartin.ox.ac.uk/people/550 Oxford Martin School profile]

{{Authority control}}

{{DEFAULTSORT:Hepburn, Cameron}}
Category:21st-century Australian economists
Category:21st-century Australian academics
Category:Australian Rhodes Scholars
Category:University of Melbourne alumni
Category:Alumni of Magdalen College, Oxford
Category:Environmental economists
Category:Fellows of New College, Oxford
Category:Living people
Category:People associated with renewable energy
Category:Year of birth missing (living people)
Category:People educated at Camberwell Grammar School

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Adapted from the Wikipedia article [Cameron Hepburn](https://en.wikipedia.org/wiki/Cameron_Hepburn) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Cameron_Hepburn?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.
