Report Mar 27, 2022
Leading oil and gas into a net-zero world
By Alex Dewar, Randolph Bell, Reed Blakemore, and David W. Yellen
Oil and gas may have an important role to play in a net-zero world. This report examines the best ways to use policy and investment levers to set the sector up for success.
Alex Dewar is a nonresident senior fellow at the Atlantic Council’s Global Energy Center and a partner at the Boston Consulting Group (BCG) based in Washington, DC. He serves a wide range of energy, financial, and industrial sector clients on climate change and energy transition topics. He is also BCG’s global topic leader for climate change in the power and utilities sector. At BCG, Dewar is a leading global expert on decarbonization and energy-markets topics, supporting clients on the evaluation of low-carbon technologies, particularly carbon capture, utilization, and storage; hydrogen, biofuels, and carbon removal; use of climate scenarios and sector-specific transition pathways; climate-target setting, decarbonization roadmap development, and implementation; natural gas and liquified natural gas markets; and climate and energy policy assessment, focusing on corporate strategy and portfolio implications.
From 2017 to 2021, Dewar was a senior director at the Center for Energy Impact, BCG’s think tank on energy and climate. Prior to 2017, Dewar was a principal based in Washington, DC, where he worked globally across the oil-and-gas, power-and-utilities, and renewables sectors. He started at BCG in 2009 as a junior consultant in the London office. Dewar holds two master’s degrees—an MSc in economic and social history and an MSc in environmental change and management—from the University of Oxford where he was a Rhodes Scholar. He received his BA in political science from Wheaton College in Massachusetts.