James Leaton

This new analysis provides a way of understanding whether the supply options of the largest publicly traded oil and gas producers are aligned with demand levels consistent with a 2 degree Celsius (2D) carbon budget. By allocating the carbon budget to potential oil and gas projects, through applying the economic logic of a carbon supply cost curve, it is possible to identify which companies have the highest exposure to potential capital expenditure (capex) to 2025. This report provides a… Show more

This new analysis provides a way of understanding whether the supply options of the largest publicly traded oil and gas producers are aligned with demand levels consistent with a 2 degree Celsius (2D) carbon budget. By allocating the carbon budget to potential oil and gas projects, through applying the economic logic of a carbon supply cost curve, it is possible to identify which companies have the highest exposure to potential capital expenditure (capex) to 2025. This report provides a snapshot of the potentially unneeded capex spend for 69 global oil and gas companies – highlighting for the first time, the wide-ranging degree of exposure amongst companies in the sector. Show less

Analysing the impact of applying the latest technology cost assumptions to Imperial's Integrated Assessment Model to help the energy sector understand there is no more business as usual.

Exploring the factors determining energy demand and carbon intensity, which could result in demand destruction for fossil fuels.

Research into the economics of high carbon, high cost gas developments, using supply cost curves for regional markets (EU, NA, LNG/Asia)

Research into the economics of high carbon high cost coal developments, using production cost curves for regional markets.

Research into the high cost, high carbon oil projects plotted onto a cost curve.

Analysing the capital being spent on finding and developing more fossil fuels each year.

The first analysis of the CO2 emissions potential of fossil fuel reserves held by listed companies, compared to a global carbon budget.

Climate Risk / Energy Transition / Net Zero