Ep 102: Alex Dewar, Sr. Manager at BCG's Center for Energy Impact

Early learnings and thoughts on COVID-19 pandemic and parallels with climate change

Alex’s role at BCG and his work in the energy industry

His work with oil and gas companies in responding to climate change

How oil and gas companies’ climate change strategies have evolved

Oil and gas companies’ attitudinal change to accepting climate change as an existential issue

Impact of the IPCC report on the oil and gas industry

How stakeholders are demanding action on climate change

Reconciling the fossil fuel industry’s legacy of climate denial

Who should be accountable for the fossil fuel industry’s contribution to the climate crisis?

The argument that fossil fuel companies have assets needed to address climate change

Why should the public trust the fossil fuel industry?

Carbon pricing as a policy tool

Applying targeted regulation to ensure best behavior by the industry

Shift in lobbying focus from denying the science to focusing on the socio-economic considerations

Impact of divestment vs. ESG investing

Reasons why oil and gas industry has lagged in “total shareholder return” over the past decade

The increasing cost of capital for the industry and reasons for it

BCG’s ethical policies as it relates to climate change

“Deep de-carbonization technologies”