Watch the Best Presentation addressing Global Energy Use and Distribution, and the Imperative Role of Oil and Gas

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TIPRO’s Unraveling the Energy Narrative Virtual Forum with Dr. Scott. W. Tinker, Director, Bureau of Economic Geology at The University of Texas at Austin

The future energy dialog varies widely. Western Europe and the United States suggest there is “clean, renewable” energy and “dirty, non-renewable” energy, and further that clean energy is now “cheaper” than dirty energy. In this narrative, “carbon neutral” is growing in popularity. Some propose to eliminate coal, oil and natural gas altogether, and suggest that solar, wind and batteries can power the world and address climate change. But are solar, wind and batteries really clean, cheaper, and renewable, and can they actually address climate change? A different narrative exists in much of the rest of the world, led most profoundly by China and SE Asia, where billions of people seek affordable and reliable energy to lift themselves into economic prosperity. Here, the energy narrative must be interpreted by examining actions, which often stand in stark contrast to the political rhetoric. Based on affordability and reliability, emerging and developing economies have mostly acted to power with coal, hydro, natural gas and nuclear, supplemented by solar and wind. Further, although the environmental concerns of the developing world include the climate, they are more acutely and sincerely focused on economic growth, and reducing local pollution of water, soil, and air, all of which impact the health and safety of billions of citizens today. Given these two narratives—and recognizing that the US and Europe represent less than 7% of global population—the actions of the rest of the world will drive the energy future.

View recorded session here: https://www.tipro.org/index.php?option=com_content&view=article&id=275