CLIMATE RISK AND REPORTING
Greene Economics has worked with flood damages, temperature changes, greenhouse gas emissions, and decarbonization for years. See how these skills combine to help clients meet new disclosure requirements as well as older adaptation and planning needs!
Two recent examples include a forecast of global energy use under alternative decarbonization and a decarbonization plan for multinational corporation
Global Hydrocarbon Production and Consumption to 2050
Greene Economics contracted with the National Academies of Sciences, Engineering, and Medicine (NASEM) to conduct an analysis of historic and projected global energy trends in conjunction with a new study titled Oil in the Sea IV: Inputs, Fates, and Effects.
Greene Economics recently undertook a project contracted by NASEM to produce a forecast of global oil and gas production, consumption, and shipping for a new study called Oil in the Sea IV. Greene Economics reviewed production, consumption, and transportation information related to fossil fuel hydrocarbons since 1970. Using the historical information, trends, and policy oriented goals for decarbonization, Greene Economics produced projections for hydrocarbon production, consumption, and transportation between 2020 and 2050 using three key scenarios: current trends, partial decarbonization, and full decarbonization. The results demonstrated that a rapid global effort will be necessary to achieve the goals of Net Zero emissions by 2050. Their review assisted the Oil in the Sea IV research committee in understanding the wide range of potential decarbonization pathways in the future and therefore to better understand and analyze the potential inputs, fates, and effects of marine transport of hydrocarbons.
Decarbonization Plan for Multinational Corporation
Greene Economics is developing a decarbonization plan for a large multinational corporation. Greene is assisting the firm assess the most cost-effective pathway to a net-zero carbon emissions status by 2045.
Greene Economics is partnering with Keramida to analyze and potential carbon reduction alternatives and develop a decarbonization plan. Greene Economics is creating a model which forecasts total Scope 1 and Scope 2 greenhouse gas (GHG) emissions based on different combinations of carbon mitigation strategies. The mitigation strategies are being developed through a series of interviews with key firm leaders throughout the global operations. The information is being compiled into a user-friendly model with a dashboard where several assumptions in the model can be quickly altered based on a drop-down menu of options. Given the collection of assumptions selected, results will appear in table and figure format so that users can rapidly evaluate their options.