In this lesson, you learned about significant nonmarket forces that are increasingly creating opportunities for stakeholders to shape the business environment for energy firms: shareholder pressure to report and address risks to the business from climate change, the use of a social cost of carbon (SCC) to assess proposed policy, and an emerging awareness of energy return on investment (EROI).
- about the relationship between climate change, corporate reporting, and investor risk;
- details of the SEC's interpretive guidance related to corporate reporting requirements triggered by climate change;
- the definition of social cost of carbon (SCC) and its application;
- the political and business ramifications of SCC;
- how the SCC is applied to policy assessment;
- how to define and calculate energy return on investment (EROI);
- to use and cite examples of EROI used in analysis for purposes of nonmarket and market strategic action.
Have you completed everything?
You have reached the end of Lesson 4! Double-check the list of requirements on the first page of this lesson to make sure you have completed all of the activities listed there.