Deborah Gordon, Smriti Kumble, David Livingston
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University of Texas Energy Symposium Address: Introducing the Oil-Climate Index
Different oils have different climate impacts. The Oil-Climate Index measures and compares the life-cycle emissions of different crude oils.
Source: University of Texas at Austin Energy Institute
Speaking at the University of Texas at Austin, Carnegie’s David Livingston explained that most sources of conventional crude oils have either started to decline or are located in regions of instability. This means that unconventional oils, such as deepwater oils, shale oils, and oil sands, are becoming increasingly attractive to extract. However, these oils have different climate impacts. The Oil-Climate Index (OCI) measures and compares the life-cycle emissions of different crude oils. Livingston presented the OCI methodolology, the beta webtool, and discussed applications for the tool.
This presentation was given at the University of Texas at Austin.
About the Author
Former Associate Fellow, Energy and Climate Program
Livingston was an associate fellow in Carnegie’s Energy and Climate Program, where his research focuses on emerging markets, technologies, and risks.
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Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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