Kevin Birn, Vice President, North American Crude Oil Markets, IHS Markit and a Fellow at the Canadian Global Affairs Institute. Mr. Birn is based in Calgary and leads western Canadian crude oil market research services and is leading IHS Markit’s emerging oil market GHG Accounting and Estimation capability. His expertise includes North American crude oil markets, crude oil logistics, upstream oil sands cost and emissions, and life-cycle greenhouse gas estimation of crude oil. Mr. Birn has authored over eighty reports related to North American crude oil markets, extraction, and associated environmental impacts. Prior to joining IHS Markit, Mr. Birn was a Senior Economist with the Government of Canada and a Partner in a software firm. Mr. Birn holds an undergraduate degree in business and a graduate degree in economics from the University of Alberta. His oil sands research is publicly available from IHS Markit at http://www.ihs.com/oilsandsdialogue
Governments, industry, investors, and other stakeholders are increasingly interested in understanding the implications of energy transition on the competitiveness of upstream oil and gas operations. Greenhouse gas (GHG) intensity, or emissions per unit of output, has become a key metric of interest. In response oil and gas companies have increased disclosure, academia has produced more research, and various consultancies and non-governmental organizations are generating their own estimates. However, there are challenges with consistency which limit the comparability and ultimately use of these data. This presentation will discuss the implications of ESG pressure for greater disclosure of GHG emission intensity metrics in the oil and gas sector. It will discuss how the oil and gas industry is responding, the sources where estimates can diverge, particularly from third parties, and some key factors to consider when looking at GHG intensity estimates of oil and gas.