His business endeavours have included cofounding Climate Bridge, a transnational developer of clean energy projects, as well as Vivid Economics in 2006, and environment and energy consultancy firm. Then in 2013 he cofounded Aurora Energy Research.[8] His role in cofounding these clean energy companies led in part to receiving the 2015 Advance Global Australian Award in Clean Energy.[9] Vivid Economics was acquired by McKinsey & Company in 2021.[10] He was the director of the Smith School of Enterprise and the Environment[11] 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.[12]
Research
Hepburn was a research fellow at the 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; Behavioural economics"[13] He has written publications in a range of disciplines,[1] including economics, public policy, law, engineering, philosophy, and biology.[8] This research has been presented at TEDx in Vienna[14] and in London.[15]
Hepburn is an expert on economically-informed global environmental policy, especially government responses to climate change, in both academic journals[16] and national news periodicals.[17] This has included novel ideas to find “sensitive intervention points” in his role chairing the UK Committee on Climate Change Policy Advisory Group,[18] and to reduce emissions influencing consumers away from climate change drivers, such as introducing a meat tax.[19] 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.[20] The institution is funded by the UK government as a part of its mission to reduce climate change. [21]
Hepburn, Cameron J.; Quah, John K.-H.; Ritz, Robert A. (February 2013). "Emissions trading with profit-neutral permit allocations". Journal of Public Economics. 98: 85–99. doi:10.1016/j.jpubeco.2012.10.004.