This week Greg and guest co-host Ben Bor welcome Alicia Seiger to discuss reporting of carbon emissions. Alicia Seiger is a lecturer at Stanford Law and the managing director of Stanford’s Sustainable Finance Initiative. She has advised officials in New York and California on climate-related strategies for state budgets and pensions. Her first book, Settling Climate Accounts: Navigating the Road to Net Zero, explores the ways in which net zero may not add up, and suggests course corrections for the road ahead. Be sure to find us on Spotify and Apple by searching "Ecofin Podcasts" and subscribe!
This week Greg and guest co-host Ben Bor welcome Alicia Seiger to discuss reporting of carbon emissions. Alicia Seiger is a lecturer at Stanford Law and the managing director of Stanford’s Sustainable Finance Initiative. She has advised officials in New York and California on climate-related strategies for state budgets and pensions. Her first book, Settling Climate Accounts: Navigating the Road to Net Zero, explores the ways in which net zero may not add up, and suggests course corrections for the road ahead.
Be sure to find us on Spotify and Apple by searching "Ecofin Podcasts" and subscribe!
Show notes:
Start: Intro for Ben and Alicia
2:55: Alicia introduces herself.
9:00: Alicia discusses history and some limitations of Scope Emissions (1, 2, & 3) and GHG Protocol (Counting Carbon)
15:04: Moving from Carbon Counting to Carbon Accounting – Introducing E-Liability (Carbon Accounting)
25:25: E-Liability makes Carbon Accounting a compliance and accounting issue rather than an estimating issue
31:30: Emissions Liability Management – Timing & Obligations of liabilities, dealing with the morality and physics of extremely long duration gases in the atmosphere
34:40: Pricing Long Duration Carbon Liabilities (Thousand Year Liabilities)
40:15: The Asset Side of a Carbon Balance Sheet
45:13: What investors can do to help champion Carbon Accounting
52:12: End
Links that are referenced in the podcast are below: