[E&E seminars] TODAY: Tony Hayward, CEO of BP - MITEI Colloquium

[Jameson Twomey]

Facing the Harsh Realities

Shaping the Energy Mix of the Future, Starting Today

Tony Hayward
CEO, BP plc.

October 29th - Today!

Lecture at 4:15 PM

Room 10-250
77 Massachusetts Ave
Massachusetts Institute of Technology

Reception follows in the Pappalardo Room (4-304)
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.
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