Stanford has announced that it will launch a new consulting group focused on the effects of climate variability and its effects on the global energy sector.
The group, Carbonne Consulting, will provide analysis on energy and climate change for governments, businesses, academics and the public, according to the company’s website.
The firm, which also works with energy companies, is the third of the two largest global consulting firms by revenue.
Stanford, which is one of the largest and most prestigious research universities in the world, has become a leader in the study of climate, and is known for its research into climate science and climate policy.
The university is also the birthplace of the carbon dioxide reduction campaign.
Stanfield said in a statement that the new group will “analyze the impacts and consequences of climate on the world economy, and work to improve climate mitigation efforts.”
The company said that its research focuses on the energy sector and the impact of climate uncertainty on the growth of energy-producing companies, including the solar, wind and other energy technologies.
The company also said that it is partnering with other companies, such as solar power producer SunEdison, energy storage companies, and energy companies and energy-intensive industries.
The Climate Group was founded in 2010 and works with the private and public sectors to study and evaluate the impacts on energy production, use, prices, climate resilience and climate policies.
In the statement, the company said it aims to contribute to “the development of more effective policies and regulations to mitigate and adapt to climate change.”
“We believe that the best approach to addressing climate change is one that incorporates the best available science, is based on sound economics and is focused on economic and environmental sustainability,” the statement said.