We have modelled 3 scenarios in this note: (a) Likely Scenario, (b) Slow-economy scenario and (c) Heroic Climate Action scenario. The scenarios are built around potential linkages between different key variables. The scenarios take into account the interplay between policies, technologies, economic progress, and other carbon interventions in California and Quebec.

This year’s model builds on an expanded CarbonOutlook™ model that also interlinks with the LCFS (low Carbon Fuel Standards) model, and our model on Offsets. The variables that have been enumerated in this report. Should any reader be interested in developing a custom-scenario, our analyst team would be glad to support.

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