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 6 months ago

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


Viewed
21984 times

More from MIT Energy Initiative

The Future of Natural Gas as a Transportation Fuel - Michael Gallagher

The Future of Natural Gas as a Tran...

Added over 1 year ago | 01:12:41 | 2763 views

A scientist's eye view of research for sustainable energy

A scientist's eye view of research ...

Added over 1 year ago | 01:06:45 | 876 views

Sue Tierney: Why is modernizing our energy technologies so darn hard, but worth the effort?

Sue Tierney: Why is modernizing our...

Added 4 years ago | 01:02:42 | 13413 views

Price Volatility and Stability in Electric Markets

Price Volatility and Stability in E...

Added over 2 years ago | 00:59:11 | 5252 views

Energiewende: German Angst or Bold Step Ahead?

Energiewende: German Angst or Bold ...

Added over 2 years ago | 01:11:00 | 4428 views

Come Walk the Talk

Come Walk the Talk

Added 5 years ago | 01:13:17 | 29767 views