2804_09:00_Effects of triple digit oil prices on the economy_Jeff Rubin
The 9th ASPO conference is the only international conference exclusively dedicated to fossil fuel depletion and its economic and social consequences. Providing an excellent opportunity for discussion and knowledge exchange for scientists, industry decision makers and representatives from public authorities from all over the world. ASPO 9 will take place in Brussels, Belgium during April 27-29, 2011.
Based on the theme of "European Energy Policy in an era of expensive energy" ASPO 9 will cover a wide range of topics related to fossil fuel depletion:
- Impacts of 100+ dollar per barrel oil prices on energy markets and the economy.
- Long term availability and cost developments of oil, gas, and coal markets.
- Unconventional fossil fuels developments: deepwater oil, shale gas, and underground coal gasification.
- Global oil export developments and consequences for the European Union Energy Supply.
- Potential and policies for a full scale transition to renewable energy sources.
- Developing an agricultural system without fossil fuels and connected food, fuel and feed policy.
- The integration of renewable energy sources in the European electricity grid.
- European energy policy options in an era of expensive energy with long term declining oil exports.
- Modelling of Energy, transport, and material requirements for an energy transition.
Theme & Objective
The era of cheap energy is ending due to the depletion of low cost high quality fossil fuel deposits. First effects are being felt in Europe in the growing reliance on Middle-East, Caspian and Russian Oil & Gas, significantly higher fuel and chemical prices, and an international struggle over remaining fossil fuel extraction contracts.
These effects will become more apparent with the peak and decline in oil production approaching for reasons of geologic, economic and political nature. The challenge of this predicament is to reduce our dependency on oil while maintaining economic stability, within Europe and beyond.
The ninth international ASPO conference aims to provide insights in the challenges that we face in maintaining economic stability as fossil fuels get more expensive to recover and produce. The attendees will have the opportunity to obtain updates on the latest research on fossil fuel availability, on long and short term economic consequences of expensive energy, and on solution pathways from alternative energy to infrastructure, all within the context of European Energy Policy.