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Is there a level of oversimplification from using the color coding method? It definitely helps with short-hand and getting a point across quick, but I imagine the emissions from all green isn't completely the same, nor blue, grey, brown, etc., and the specific emissions per unit of hydrogen can and should be considered. Are those factors commonly calculated and published?
"The company has now purchased over 7.5 GW of clean energy to date,..." Richard, gigawatt (GW) is a term used to describe power, not energy. Saying "The company has now purchased over 7.5 GW of clean energy to date" is like saying "It's only a year old, but my car has over 20,000 miles per hour on it!" ?
Ronald Thanks and welcome to the group, very insightful introduction. My main concerns about oil & gas sector is that, banks have started looking at Net-Zero financing and consider, the oil & gas companies that don't have a credible transition and transformation plans, as a major risk to their portfolio, especially from sudden shift of investors sentiments, if regulations...
A great point that the way you measure success is just as critical as the actual steps taken-- you don't want to incentivize the wrong things, have people tilting towards what will be defined as success by a given metric rather than capture the spirit of the intent, etc. Thanks for sharing, Bomee!