Ramping Renewables: Portfolio Perspectives?
It is often said that Oil Majors should transition to renewables and become Energy Majors. But what is the best balance based on modern portfolio theory? Our 7-page paper answers…
Ten Themes for Energy in 2020
Energy transition is maturing as an investment theme. ‘Obvious’ portfolio tilts are beginning to look over-crowded. Non-obvious ones are looking over-looked. This note outlines the ‘top ten’ themes that excite…
Conservation agriculture: farming carbon into soils?
One-third of the atmosphere’s post-industrial CO2 does not derive from fossil fuel combustion but from the degradation of soils, where organic carbon has fallen from 4% to 1-2% due to…
US shale: the quick and the dead?
It is no longer possible to compete in the US shale industry without leading digital technologies. This 10-page note outlines best practices, process by process, based on 500 patents and…
Biofuels: better to bury than burn?
The global bioethanol industry could be disrupted by a carbon price. Somewhere between $15-50/ton, it becomes more economical to bury the biofuel crop, rather than convert it into biofuels. This…