Rick van der Ploeg

Frederick "Rick" van der Ploeg (born 28 April 1956, in Rotterdam)[1] is a Dutch economist and former politician.

In this Dutch name, the surname is van der Ploeg, not Ploeg.
Rick van der Ploeg (2016)

Career

After having obtained his PhD at the University of Cambridge, he held professorships in economics at the University of Amsterdam, Tilburg University, and the London School of Economics. After having served as an MP for the Dutch Labour Party (PvdA) from 1994 until 1998, he became State Secretary for Culture and Media in the government of Prime Minister Wim Kok from 1998 until 2002.[2]

Van der Ploeg is currently a professor of economics at the University of Oxford and the VU University Amsterdam, and the research director at the Oxford Centre for the Analysis of Resource Rich Economies.[3] In 2010 he became a correspondent of the Royal Netherlands Academy of Arts and Sciences.[4]

Van der Ploeg's studies the potential impact of climate change on the economy. To meet proposed carbon emissions reductions, and prevent temperature increases beyond 2 degrees, up to one-third of global oil reserves, half of gas reserves and 80 percent of coal reserves will have to remain unburned, making them stranded assets.[5][6] This will affect oil, gas, and coal companies, and "carbon-intensive industries such as steel, aluminum, cement, plastics, and greenhouse horticulture".[6] Van der Ploeg emphasizes the need for investors to be aware of climate-related financial risk and take them into account for long-term planning.[5][6]

Other activities

References
  1. Prof. dr. F. van der Ploeg, 1956 - at the University of Amsterdam Album Academicum website
  2. "Prof.Dr. F. (Rick) van der Ploeg" (in Dutch). Parlement.com. Archived from the original on 9 August 2020.
  3. "Professor Rick van der Ploeg, Research Director | Members". Oxford University. Retrieved 11 June 2013.
  4. "Rick van der Ploeg". Royal Netherlands Academy of Arts and Sciences. Archived from the original on 10 August 2020.
  5. Brown, Eryn (30 September 2021). "Now is the time to prepare for the economic shocks of battling climate change". Knowable Magazine. doi:10.1146/knowable-093021-1. Retrieved 21 January 2022.
  6. van der Ploeg, Frederick; Rezai, Armon (6 October 2020). "Stranded Assets in the Transition to a Carbon-Free Economy". Annual Review of Resource Economics. 12 (1): 281–298. doi:10.1146/annurev-resource-110519-040938. ISSN 1941-1340.
  7. Board of Trustees Max Planck Institute for Tax Law and Public Finance.
  • Profile at the Oxford University Department of Economics
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