Overview of Lesson 4
In the previous lessons, we have learned about nonmarket analysis, public politics (nonmarket action that takes place in government arenas) and private politics (nonmarket action that takes place outside of public arenas). In this lesson we are going to examine several specific nonmarket developments of special significance to energy companies: shifts in corporate reporting of externalities (including physical impacts of climate change on energy industry), social cost of carbon (SCC), and energy return on energy invested (EROI).
What will we learn?
By the end of this lesson, you should be able to...
- describe the relationship between climate change, corporate reporting, and investor risk;
- explain the SEC's interpretive guidance related to corporate reporting requirements triggered by climate change;
- define the social cost of carbon (SCC) and explain its application;
- discuss the political and business ramifications of SCC;
- apply the SCC to policy assessment;
- define and calculate energy return on investment (EROI);
- give examples, and apply, EROI to analysis for purposes of nonmarket and market strategic action.
What is due for Lesson 4?
The table below provides an overview of the requirements for Lesson 4. For details, please see individual assignments.
Please refer to the Calendar in Canvas for specific time frames and due dates.
|REQUIREMENT||SUBMITTING YOUR WORK|
|Read Lesson 4 content and any additional assigned material||Not submitted.|
|Weekly Activity 4||Yes—Complete Activity located in the Modules Tab in Canvas.|
|Case Study--work with others on your Team to prepare Case Study, following course guidelines||Check Canvas calendar for all Case Study Due Dates. Plan your Team's work schedule accordingly.|