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Past Event

Energy Security: Responding to the Challenge

Energy, Environment, Environmental Regulation

Event Summary

Increasing energy demand in developing countries, the Iraq war, rising oil and gas prices, and climate change have combined to return energy security to a central position in the current policy debate. As part of its continuing examination of energy policy, the Brookings Institution hosts John Browne, BP Group Chief Executive, who will discuss how the industry can respond to these new challenges.

Event Information

When

Tuesday, November 29, 2005
9:30 AM to 10:30 AM

Where

Falk Auditorium
The Brookings Institution
1775 Massachusetts Avenue, NW
Washington, DC 20036
Map

Contact: Brookings Office of Communications

Email: Communications@brookings.edu

Phone: 202.797.6105

Browne will discuss BP's plan to restore energy security by unveiling a long term proposal that will focus on diversifying global oil supplies and rebalancing supply and demand, while also reducing dependence on oil as an energy source. Specifically, he will talk about BP's new commitment to renewable and alternative energy sources. Lael Brainard, vice president and director of the Global Economy and Development Center, will moderate the discussion. A question and answer session will follow Browne's remarks.

Transcript

LAEL BRAINARD: As many of the people in this room know, Lord Browne has a very distinctive reputation in the industry. He has been with BP for 40 years, and over the last seven years, since taking the helm at BP, has in many ways revolutionized the industry, leading a big wave of consolidations, but also at the same time leading on very controversial issues—prime among them, climate change, which is of great interest to us here. David Sandalow is here in the audience; he runs our program on climate change.

Today he is stepping out on another issue that is front and central in the news and also somewhat controversial—which is the issue of energy security—to talk about BP's plans to proactively address this area of increasing public interest.

Read full transcript (PDF 83kb)
Remarks as prepared for delivery (PDF 32kb)

Participants

Moderator

Lael Brainard

Vice President and Director, Global Economy and Development

Presentation

John Browne

Group Chief Executive, BP


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