ENERGY MARKETS AND ENERGY TRANSITION

The Energy Transition and focus on ESG are here to stay. The debate over our response to global warming is the most consequential public policy debate taking place today in the United States and around the world. The stakes are enormous. Energy sits at the nexus of economic development, national security, and environmental responsibility. We are seeing this dynamic play out in real time before our eyes. WESTERDALE HOLDINGS recognizes the opportunity and challenges faced by the Energy Transition, but it must be managed thoughtfully to avoid unintended consequences.

As countries grapple with climate change and carbon reduction targets, they seek to balance these CO2 reductions against reliability and affordability of energy sources, thus creating a high level of consternation. WESTERDALE HOLDINGS is uniquely position to help clients understand the tension for governments, companies and investors alike; which includes:

  • How to create a level playing field for investment, one free of distortions and gamesmanship where investors are incentivized to redirect capital into the necessary technologies and R&D to achieve reduction targets;

  • Where the measure of success is as simple as the lowest cost of energy that has the lowest cost for avoided CO2, with consistent standards of measure and reciprocity across jurisdictions both domestic and international in the spirit of free markets.

  • Understanding the need to optimize an existing asset base that could possibly maintain the supply of energy for the next several decades with a societal and regulatory demand to achieve the transition in the immediate future;

  • While ensuring a planned exit and managed decline delivers sustainable energy supply, along with sustainable earnings for the future of businesses, including the transition of a highly skilled energy workforce that can create the next generation of solutions.

  • And finally, recognizing that both mitigation and remediation may be necessary given the overarching economic implications associated with sustainable change.