Recently, I was a guest lecturer at an Energy Management Graduate Program class, University of Tulsa. My assigned subject was “International Energy Policy”.
The class was comprised of students not only from Oklahoma and our region but from several other States, Canada and the Middle East.
I made my prepared remarks during the first twenty minutes. My remarks were followed by questions asked by the students during a period of one and one-half hours.
Some of the questions and my answers I share with you:
What does the future of energy look like globally?
The Energy Information Administration (EIA) projects that the world energy consumption will grow by 56% between 2010 and 2040. Though renewable energy and nuclear power are the world’s fastest-growing energy sources, each increasing 2.5% per year, fossils fuels are forecast to continue to supply nearly 80% of world energy use through 2040. Natural gas is the fastest-growing fossil fuel.
What is the main “push point” or “hot button” on the energy policy front now? Is it demand from China and India? Is it climate? It is supply at home? Is it markets?
The EIA states that “the industrial sector continues to account for the largest share of delivered energy consumption and is projected to consume more than half of global delivered energy in 2040.”
There is no question that when economic conditions/markets improve globally, China and India will be at the forefront of energy demand.
“Based on current policies and regulations governing fossil fuel use, global energy-related carbon dioxide emissions are projected to rise to 45 billion metric tons in 2040, a 46% increase from 2010. Economic growth in developing nations fueled by a continued reliance on fossil fuels accounts for most of the emission increases.”
The shale policy that has dramatically increased US supplies also has great promise globally. Technological advancements have been and will be critical in the years ahead.
What advice would you give current industry leaders about how to shape energy policy discussions; is it possible for the US to get out of “conflict mode”?
As the subtitle of my book, America Needs America’s Energy, states, “creating together the People’s Energy Plan” is essential for best results.
We need energy education, and we need to evaluate our individual and corporate energy usage along with the environmental impact. The evaluation will assist in preparing a much needed energy plan.
As you proceed with creating your Personal Energy Journal, you will find a lot of helpful background information in the first two parts of the book, including the pros and cons of the various energy alternatives currently available. In addition, in the back of the book you will find a glossary of energy terms, suggested reading, and web links that offer further assistance.
America Needs America’s Energy! Together we can create America’s Energy Plan!
Go to www.peoplesenergyplan.com to learn more, and to join the effort of striving toward “creating together the people’s energy plan”.
Please let me know what you think, go to www.peoplesenergyplan.com
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