GHG Abatement Cost Curve

Soyka & Company collaborated on an innovative analysis of the carbon footprint of a major multinational bank, and a review of greenhouse gas (GHG) mitigation options with respect to both impact and implementation cost.  We arrayed the available options for GHG reductions in order of both the magnitude of reductions and unit cost, forming a cost (supply) curve in the process, and examined different strategies for reducing the Bank’s carbon footprint.  Results showed ability for the client to make substantial greenhouse gas reductions at reasonable cost, but highlighted need to pursue mitigation strategies in a more careful way.  The analysis showed that some of the most high-profile and popular strategies were among the least cost-effective.  This analysis was presented at an international conference and published as a book chapter.