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Karan Mistry is a lead member of the Climate & Sustainability, Energy, and Public Sector practices at Boston Consulting Group. He supports clients from all major industries along the energy value chain, primarily through energy transition, including work in decarbonization, climate technology, energy infrastructure, and energy policy.

Karan’s clients include federal and state government entities, energy companies (utilities and OEMs), and companies in high-energy-consuming industries. He co-leads BCG’s partnership with Breakthrough Energy. His work has spanned the end-to-end decarbonization journey, starting with supporting development of net-zero strategies all the way through implementation of Scopes 1 to 3 reduction levers.

Karan has contributed to several BCG publications in the climate and sustainability space, including papers that have been used by both federal and state policy makers.

AREAS OF EXPERTISE

EDUCATION

  • PhD, mechanical engineering, Massachusetts Institute of Technology
  • MS, mechanical engineering, Massachusetts Institute of Technology
  • BS, mechanical engineering, summa cum laude, University of California, Los Angeles

Publications and Videos

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What Today’s Climate Tech Can Learn from Yesterday’s Energy Transitions

Four major barriers stand between emerging climate technologies and adoption at scale. Here’s how earlier pioneering technologies—wind, CCGT, renewables, LNG, and solar—overcame them.

Can Limestone Help Us Decarbonize?

Shashank Samala of Heirloom joins BCG’s Karan Mistry to discuss his company’s novel carbon-capture technology and the policy changes needed to scale climate tech.

Carbon Mitigation Calls for Multiple Solutions

No single pathway will suffice. CarbonCure’s Rob Niven and BCG’s Karan Mistry highlight recent technological and regulatory breakthroughs.

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Boosting Demand for Carbon Dioxide Removal

BCG’s recent report outlines five ways to encourage removal of residual CO2 emissions, a critical factor in achieving global targets to curtail climate impacts.
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Private Equity Is Making Gains in Renewable Energy Use

PE-owned companies are showing significant progress in renewable energy use, and the longer they are owned, the more that use increases.
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Climate Needs and Market Demand Drive Future for Durable CDR

Removing carbon dioxide directly from the air—at scale. That’s just one of the innovative Carbon Dioxide Removal (CDR) technologies that’s not only gathering investment momentum but also helping the world target net zero goals. And growing market demand is sure to follow.
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Shifting the Direct Air Capture Paradigm

How to reduce the costs of the carbon-dioxide removal technology below $150 per ton—and transform it into an affordable solution for tackling the climate crisis.
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Ushering in the Next Generation of Climate Technology

To achieve global net zero by 2050, climate technologies need to deploy and scale more quickly. Here’s how companies and investors can make it happen.
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How the US Can Gain an Edge in Clean Tech

A durable competitive advantage in four clean technologies is possible, according to a new report. To get there, US companies must follow two different paths.
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How the US Can Win in Six Key Clean Technologies

By building a durable competitive advantage in emerging climate-friendly tech, US players can unlock a huge global market.
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Achieving Energy Security in the EU

For Europe to realize this goal, four technologies will require policy support and investment.
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A Better Way for the US to Invest in Infrastructure

The Biden administration has a chance to create jobs, strive for racial equity, and promote public health through smart spending.