Massachusetts Institute of Technology
Sign in

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.

MIT Energy Initiative

MIT Energy Initiative

Category: Environment/Energy | Updated 1 month ago

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

23714 times

More from MIT Energy Initiative

Harish Hande: Energy Services for the Poor

Harish Hande: Energy Services for t...

Added almost 7 years ago | 01:10:34 | 32087 views

Severin Borenstein: Meeting US Energy and Climate Challenges with Rational Policy

Severin Borenstein: Meeting US Ener...

Added over 6 years ago | 01:25:09 | 24462 views

Bruce Dale: How Shall We Choose? Comparing Petroleum Alternatives

Bruce Dale: How Shall We Choose? Co...

Added over 5 years ago | 01:20:18 | 14283 views

High-Performance Rechargeable Batteries for Sustainable Transportation and Large-scale Storage of Electric Power

High-Performance Rechargeable Batte...

Added almost 6 years ago | 01:02:11 | 23061 views

Emerald Cities: How Are Cities Advancing the Shift to a Green Economy?

Emerald Cities: How Are Cities Adva...

Added almost 6 years ago | 01:15:04 | 20171 views

Marija Ilic: Engineering IT-Enabled Electricity Services

Marija Ilic: Engineering IT-Enabled...

Added almost 5 years ago | 01:12:00 | 10044 views