EME 444
Global Energy Enterprise

Summary and Final Tasks

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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).

You learned:

  • 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.