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

In today’s episode, we cover:

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”

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*Editing and post-production work for this episode was provided by The Podcast Consultant

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