Energy  |  Events  |  15.11.2012

Towards the End of Oil

Peak Oil is the moment global oil production starts to decline. The moment arrives as oil is a non-renewable resource, whose exploitation has reached excessive levels since the age of petroleum started at the beginning of the 20th century. As the resource was available in abundance in the early years, especially Western economies based their entire (economic) infrastructure on the ‘black gold’. As the end of oil now is approaching rapidly, this situation constitutes a huge challenge for our economies, as other energy sources have to be introduced. How this can be done, and which central questions have to be answered, will be the focal point of the debate 'Towards the End of Oil', organised by the Greens/EFA European parliamentary group.

Date: Thursday 15 November 2012, 14:15 - 17:30
Venue: European Parliament, Room A1G3 - 60 rue Wiertz - 1047 Brussels
Language: English

Today, almost every country, regardless of its economic development status uses the fossil fuel and this inevitably has led to an increased pressure on global reserves; established reserves are depleted, and there are hardly any new discoveries of reserves, which can be exploited safely.
The increase in oil price for the last 10 years is a testimony for the increased scarcity, and has had a strong impact on our economy, which is extremely dependent on oil. As a result, the daily life of European citizens is directly affected by this trend.
The conference ‘Towards the End of Oil’, therefore discusses this important topic. Its first part will present the report "Europe facing Peak Oil" and will address the geopolitical, economic and anthropological dimensions of the question. In the second part, the speakers will address the various political responses that could be given at local and European level.

Programme:

1st roundtable : Peak oil and its consequences for Europe

14:15-16:00

  • Introduction
    Claude Turmes
    , Member of the European Parliament (Luxembourg)
  • Presentation of the report "Europe facing peak oil" 
    by Benoît Thévard, engineer, author of the report
  • Mathieu Auzanneau, journalist in Le Monde
    A geopolitical analysis
  • Victoria Johnson, economist, New Economic Foundation 
     An economic analysis
  • Agnès Sinaï, journalist, chair of the Institut Momentum
    An anthropologic vision

2nd roundtable : Which responses to be given at the European and local level to peak oil ?

16:00-17:30

  • John Hemming, Member of the House of Commons (United Kingdom), Chair of the parliamentary group on peak oil
    The British responses
  • Simone Osborn, Editor in chief of Energy Bulletin 
    The local initiatives
  • Xavier Desgain, Member of Regional Parliament (Belgium), member of the parliamentary Committee on peak oil and peak gas in the Walloon Parliament
    The achievements in Wallonia
  • Yves Cochet, Member of the European Parliament (France)
    The projects of the European Union