Consequential emissions analysis uses counterfactuals to estimate emissions avoided by an action. New NREL looks at this for the power sector. In theory, this is the best way to think about power sector interventions, BUT in practice, there is not good way yet (1/3)... https://www.nrel.gov/docs/fy25osti/91580.pdf
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objectives. In practice, however, consequential analysis is constrained by the quality of the
estimates it can bring to bear." (2/3)