We believe that the most important component of the TCFD's recommendations is the use
of scenario analysis by companies as a tool to understand climate - related risks and seize opportunities.
Moreover, the recommended use
of scenario analysis, including against a 2 °C target, is a step forward in helping companies assess their resilience over the longer term.
Financial regulators have also endorsed the importance
of scenario analysis for assessing climate risk through the Financial Stability Board Task Force on Climate - related Financial Disclosures.
Technical Supplement: The Use
of Scenario Analysis in Disclosure of Climate - Related Risks and Opportunities Provides a further level of detail that can be helpful for companies in considering scenario analysis.
Draft Technical Supplement: The Use
of Scenario Analysis in Disclosure of Climate - related Risks and Opportunities (December 2016)
Since the future is uncertain, one fundamental function
of scenario analysis is comparability.
The issues are rather of the nature
of scenario analysis and futures research.
The Hub is an online platform with peer - to - peer resources to assist organizations in implementing TCFD's recommendations to public companies on the use
of scenario analysis to disclose climate - related risks and opportunities.
A number
of scenario analyses forecast tight generation capacity in the southern regions, where most of the phased - out nuclear power is concentrated, and suggest excess power from the north should be rerouted to the south — a recommendation strongly advocated by the Federal Network Agency and ministries involved with the transition.
Not exact matches
The opposite
of failing fast is a «waterfall» approach to software development, where a significant amount
of time is invested upfront — requirements
analysis, design and
scenario planning — before the software is ever tested with real customers.
Mina adds that MSCI is also in a bit
of a tutorial phase with the product's evolution as it has been showing clients how to construct a Brexit
analysis, should the UK leave the European Union, for example, or a
scenario test for a China hard landing should a recession grip the country.
Moreover, our
analysis shows that the cumulative income generated over the period in which the balance sheet has been unusually large is likely to exceed normal levels under a wide range
of scenarios.
Based on statistical
analysis of hockey
scenarios and broad examples from investing, they conclude that: Keep Reading
Corporate Knights said this
analysis could explain «why some
of the biggest oil sands players are gobbling up low - carbon patents and quietly running the numbers on different
scenarios, such as when they should exit the oil sands or make the shift to becoming predominately alternative fuel and green energy firms.»
In this
scenario, technical
analysis may help you identify «the best
of the best.»
In the light
of this
analysis, then, my own
scenario is cautiously hopeful, depending on (1) whether a creative minority
of dreamers and doers with visions
of a new life - fulfilling social order really emerges in strength, (2) the alliances that can be worked out with blacks, the poor, and other minorities now excluded from major social benefits, (3) the extent to which the populist idealism
of the lower middle classes and working people generally favoring the extension
of rights and equality to the «little man» everywhere wins out over the reactionary fears and prejudices which establishment elites and opportunist politicians are all too willing to exploit, and (4) what takes place at the center
of the political spectrum itself under the pressure
of events and in response to challenges to the established system from militant seekers
of change.
Answering specific issues means managing a huge amount
of information from different sources, merging market figures, company results and world
scenarios with the use
of technology, research,
analysis, CRM and marketing.
Our range
of customisable services include
scenario planning, technology deep - dives, ideation workshops and strategic
analysis reports.
Friends
of the Earth is warning
of risks to fish and the environment from a not - so - green Brexit, following an
analysis of likely
scenarios by Sheffield University.
Our
analysis has modelled a limited number
of alcohol taxation
scenarios that may be considered politically feasible.
This speculation and
scenario analysis about how we can win the league and which results would best for us, whilst being 12 points out
of first is just silly.
Scenarios were recorded for later
analysis of placement time and error rate.
The
analysis is based on the default
scenario of the UK ceasing to be a member
of the EU single market and customs union and failing to reach any withdrawal agreement containing preferential trade terms with other EU member states.
«Our
analysis — modelled on the default
scenario that the UK withdraws completely from the EU and fails to reach trade and customs agreements with remaining EU member states — opens the door to the possibility that Scottish businesses and taxpayers will face a range
of additional financial burdens in the form
of increased trading and labour costs.
«A combination
of practical
scenario and case study questions, with more conceptual essay questions, will test a range
of skills essential to the international tax profession, from determining a client's tax position based on an understanding
of applicable legislation, to offering
analysis, evaluation and advocacy on a topical issue in international tax discourse.»
It must be noted that this
analysis presents only one possible
scenario for the future
of federal support
of R&D.
The authors note that cost - benefit
analyses of sustainable land management
scenarios «can be done even with limited data availability, «and underscore that, despite an inevitable degree
of uncertainty, «it is imperative to take action now, as every day sees the loss
of more productive land that will have to be gained back.»
The report from a team
of scientists at Vanderbilt University is the first part in a wide - ranging, $ 7.5 million
analysis of environmental stress and human migration
scenarios in the low - lying South Asian nation.
The Global Carbon Project's
analysis, which compares the world's actual CO2 output with four generations
of emissions
scenarios used by the IPCC, concludes that «significant emission reductions are needed by 2020 to keep 2 degrees Celsius as a feasible goal,» echoing the recent U.N. assessment.
What is needed, Lyman says, is for nuclear energy firms to undertake a detailed threat
analysis for each plant with «a set
of severe accident
scenarios» computer - simulated exhaustively for each.
The
analysis, which used land elevation and tidal data, found that 460 acres, or about a sixth
of Hallandale Beach, would be below sea level during high tide under a 3 - foot
scenario of rise, according to Nancy Gassman, a natural resources administrator for Broward County's Natural Resources Planning and Management Division who worked on the assessment.
Even under the most optimistic
scenarios for curbing carbon dioxide emissions, the
analysis by an international team shows that one - fifth
of the globe's lizard populations, corresponding to 6 percent
of all lizard species, may go extinct by 2050.
Evoked by a new
analysis of a fossil tooth
of the long - extinct animal, called Diprotodon, the
scenario would be the only known seasonal mass migration among marsupials and their close kin.
Looking beyond the 2030 timescale
of the SDGs,
scenario analysis highlights that continuation
of past and current trends in drivers
of change will inhibit the contribution
of the region to the widespread achievement
of the SDGs, while
scenarios which focus on achieving a balanced supply
of nature's contributions to people and incorporate a diversity
of values are more likely to contribute to achieving the majority
of the SDGs.
A new
analysis of various apocalyptic
scenarios suggests that we may be able to detect distant worlds where life has been wiped out by nuclear war or nanotechnology run amok.
The
analysis follows previous studies that show that a business - as - usual
scenario, which assumes a continued growth
of global emissions, would deliver a warming increase
of 4.5 °C by 2100.
This
analysis included original data
of the famous New Year's Wave, which hit the Draupner platform on January 1, 1995 as well as results
of the Jalali group at the University
of California at Los Angeles (UCLA), and finally data in a multifilament
scenario measured at the Max - Born - Institut in Berlin.
«It is the first time that the nodes have been used to try to understand the dynamics
of the ETNOs,» the co-author points out, as he admits that discovering more ETNOs (at the moment, only 28 are known) would permit the proposed
scenario to be confirmed and subsequently constrain the orbit
of the unknown planet via the
analysis of the distribution
of the nodes.
A statistical
analysis of the CMB shows that the cold spot is consistent with this
scenario, the researchers say.
For her study on geologic storage, Lord and her colleagues analyzed and reworked the geologic storage module
of Argonne National Laboratory's Hydrogen Delivery
Scenario Analysis Model.
According to a new
analysis of a fossil tooth
of the long - extinct animal, called Diprotodon, the
scenario would be the only known seasonal mass migration among marsupials and their close kin.
As more images become available for civilian
analysis, he said, «you can envision
scenarios in the very near future where ad hoc groups would have the ability to crowd - fund the cost
of the imagery, and you already see in the humanitarian space where they are doing the
analysis themselves.
To get a sense for how this probability, or risk
of such a storm, will change in the future, he performed the same
analysis, this time embedding the hurricane model within six global climate models, and running each model from the years 2081 to 2100, under a future
scenario in which the world's climate changes as a result
of unmitigated growth
of greenhouse gas emissions.
On the high end, recent work suggests that 4 feet is plausible.23, 3,6,7,8 In the context
of risk - based
analysis, some decision makers may wish to use a wider range
of scenarios, from 8 inches to 6.6 feet by 2100.10,2 In particular, the high end
of these
scenarios may be useful for decision makers with a low tolerance for risk (see Figure 2.26 on global sea level rise).10, 2 Although scientists can not yet assign likelihood to any particular
scenario, in general, higher emissions
scenarios that lead to more warming would be expected to lead to higher amounts
of sea level rise.
«We chose these four countries for
analysis because they have very different population structures and projections, and so they allow us to test this methodology across a range
of possible
scenarios,» says Scherbov.
SRNL has unique experience and expertise in thermochemical hydrogen production flowsheet development, modeling, and simulation using commercial off - the - shelf (COTS) software to support conceptual designs,
scenario studies, capital and operating cost estimates, comparison
of alternative designs, and techno - economic
analyses.
These actions produced models that account for the influence
of smaller features than can be resolved in a global climate model and yielded composite climate
scenarios suitable for
analysis of specific local climate impacts.
This capability supports the application
of DOE's H2A (Hydrogen
Analysis) and H2FAST (Hydrogen Financial Analysis Scenario Tool) analysis tools funded by DOE
Analysis) and H2FAST (Hydrogen Financial
Analysis Scenario Tool) analysis tools funded by DOE
Analysis Scenario Tool)
analysis tools funded by DOE
analysis tools funded by DOE Fuel...
While the study conducts a sensitivity
analysis that includes one
scenario with higher levels
of production subsidies, the fact that the model's outputs seem to barely register a tripling
of production subsidies raises some questions, especially in light
of the findings
of the other recent U.S. study led by the Stockholm Environment Institute and EarthTrack described above.
A careful
analysis made by the team shows that these two features
of the object are consistent with the «rotational disruption»
scenario.