Research Chair : For a Successful Energy Transition Chair

The Chair For a Successful Energy Transition aims to explore the conditions for an energy transition to a world with zero net carbon emissions.

AXA Investment Managers (AXA IM) and the AXA Research Fund have joined forces with PSE to create the Successful Energy Transition Chair.

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Objectives

The Chair For a Successful Energy Transition has three main objectives:

  • to better understand the scale of the costs induced by the energy transition, and more specifically to assess the impacts of climate policies in terms of stranded assets and green investments;
  • draw up macroeconomic scenarios of the transition and their consequences;
  • reassess climate policy instruments in terms of their social and political acceptability.

Climate policies will probably have to consider instruments other than carbon taxation. Without a carbon price, or with one that is too low, which sectors should investments be directed towards? How, in turn, will these investments interact with the more conventional climate policies already in place? Finally, what kind of tools should be put in place to reconcile efficiency and social support?

To answer these questions, the Chair’s work will combine theoretical analyses of mechanisms, simulations and empirical analyses based on historical data. Surveys and experiments will be carried out to gain a better understanding of people’s preferences and behaviours with regard to the types of instruments that can be envisaged, and their link to the construction of trust in institutions.

Activities

The Chair’s program includes a number of activities:

  • organizing events to present and discuss work at the frontier of international research;
  • the regular publication of policy briefs that bring the Chair’s research work to the attention of a wider audience;
  • the development of high-level training courses;
  • the production of an annual activity report.

Steering committee

PSE members

Partners representatives

PSE partners

AXA Investment Managers (AXA IM) is a responsible asset manager that actively invests for the long-term prosperity of its customers, employees and the planet. At the end of December 2021, it employs more than 2,460 people worldwide, in 23 offices and 18 countries. AXA IM is part of the AXA Group, a global leader in insurance and asset management.

AXA, through its Research Fund, supports research into the risks associated with the major changes taking place in today’s world, and promotes the dissemination of this science in order to inform decision-making and contribute to societal progress.

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