Massachusetts Institute of Technology
Sign in | Create Account

Tony Hayward - Facing the Harsh Realities

- Abstract - In the 20th century, low cost, abundantly available energy enabled global prosperity and development. Now, at the beginning of the 21st century – as living standards rise and urban populations expand – satisfying ever-growing demand in a sustainable way has become the world’s biggest challenge. We need a more diverse energy mix which enables energy security and helps address the issue of climate change. Alternative energy sources have an important role to play, but the long investment lead times in the energy business mean they will take decades to be deployed at scale. We have to face the fact that fossil fuels will continue to supply the overwhelming bulk of our energy needs for decades to come. Tony Hayward will address the tough policy and investment choices involved in navigating towards a lower-carbon world. How will the energy mix evolve in transportation and power generation? What technologies are available? And what actions do governments need to take to create the right framework for a sustainable future? Hayward will seek to stimulate an informed policy debate in an area where half- truths and misinformation too often hold the field. - About the Speaker - Tony Hayward joined BP, one of the world’s largest oil and gas companies, in 1982 as a rig geologist. Following a series of technical and commercial roles in Europe, Asia and South America, he held roles as Director of BP Exploration and Group Treasurer before being appointed CEO of Exploration & Production. Tony joined the main board of BP in 2003 and was appointed Group Chief Executive in May 2007. He is also a member of the MIT Energy Advisory Board, the Business Council of Britain, Chair of GLOBE CEO Forum for Climate Change and a Trustee of the Emirates Foundation.

Comments (0)

It looks like no one has posted a comment yet. You can be the first!

You need to log in, in order to post comments. If you don’t have an account yet, sign up now!

MIT Energy Initiative

MIT Energy Initiative

Category: Global Awareness & Action | Updated 15 days ago

Created
November 17, 2009 10:56
Category
Tags
License
All Rights Reserved (What is this?)
Additional Files


Viewed
22216 times

More from MIT Energy Initiative

C3E 2012: Moving Ideas From Laboratory to Marketplace

C3E 2012: Moving Ideas From Laborat...

Added almost 2 years ago | 00:47:28 | 1745 views

Keynote Fireside Chat with David Crane

Keynote Fireside Chat with David Crane

Added over 1 year ago | 01:10:25 | 680 views

The Future of the Nuclear Fuel Cycle - Summary Report Briefing

The Future of the Nuclear Fuel Cycl...

Added almost 4 years ago | 01:31:00 | 9184 views

Historical Perspectives on Climate Change: Scientific, Technological, and Social Dynamics

Historical Perspectives on Climate ...

Added 2 years ago | 01:15:42 | 2496 views

C3E 2012: Lifetime Achievement Award Presented to Millie Dresselhaus by MIT President Rafael Reif

C3E 2012: Lifetime Achievement Awar...

Added almost 2 years ago | 00:21:35 | 1590 views

MIT Releases Report on the Future of Natural Gas

MIT Releases Report on the Future o...

Added almost 3 years ago | 01:58:00 | 13286 views