Burn Out: The endgame for fossil fuels

Time & Date

Thursday 27th April 2017

09:30 | Registration
10:00 | Event Starts
11:30 | Event Ends

Venue 

Policy Exchange
6th Floor
8-10 Great George Street
London
SW1P 3AE

An energy revolution is under way with far-reaching consequences for nations, companies, and the way we address climate change.

China’s great economic expansion, which caused so much of the latest commodity super-cycle, is slowing. Low oil prices are sending shockwaves through the global economy. Recent surges in technological innovations, from the internet of things and improvements in battery technologies, to the coming of robots and artificial intelligence, will bring about an energy revolution which could involve the electrification of almost everything. This will inexorably reduce the demand for oil and gas, and prove more effective than current efforts to avert climate change.

These are just some of the trends shaping our energy and climate future illuminated in Professor Dieter Helm’s new book, Burn Out: the endgame for fossil fuels, which was launched at Policy Exchange on the 27th April 2017.

This timely and provocative book ends by offering advice on what governments and businesses can and should do now to prepare for a radically different energy future. Oil companies and energy utilities must begin to adapt their existing business models or face future irrelevancy. Oil-exporting nations, particularly in the Middle East, will be negatively impacted, whereas the United States and European countries that are investing in new technologies may find themselves leaders in the geopolitical game.

Professor Dieter Helm was joined by a panel of speakers including:

  • Professor Michael Grubb, University College London
  • Tom Burke, Chairman, E3G
  • John Moylan, Energy & Industry Correspondant, BBC
  • Richard Howard, Director of Development & Head of Environment and Energy, Policy Exchange

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