Please note: This event will take place in Abu Dhabi, United Arab Emirates.
The world economy has been undergoing dramatic transformation, with the rise of new developing economies in Asia and new challenges to the global financial system. In addition, emerging energy and climate policies in industrialized countries are accelerating the pace of technological changes and prompting calls for alternative energy and stricter energy efficiency measures. These trends raise questions about future demand for oil. Despite tightening markets and rising energy prices, some nations are reluctant to invest in oil amid the uncertainty over how climate change policies might evolve. To examine these issues, the Baker Institute, with support from Accenture and Baker Botts L.L.P., will convene a high-level roundtable, "Consequences of an Emerging U.S. Energy and Climate Policy on Global Energy Markets," to examine a variety of scenarios for the future of global energy markets. At this event, the institute will unveil findings from a major study investigating the global oil and natural gas market consequences of emerging U.S. policies to regulate greenhouse gas emissions, as well as new linkages between the U.S. dollar, currency markets and oil futures markets.
To register for this event, please contact Carolynn Sandford-May by email at carolynn.sandford-may@bakerbotts.com or by phone at 971.4.436.3691.
Click here to see the event program
Click here to see the bios of the keynotes, featured speakers and presenters
Keynotes and Featured Speakers
The Honorable James A. Baker, III, Honorary Chair, James A. Baker III Institute for Public Policy
His Excellency Mohamed Bin Dhaen Al-Hamli, Minister of Energy, United Arab Emirates
His Excellency Ghanim Al-Jumaily, Ph.D., Ambassador of Iraq to Saudi Arabia
Abdulaziz Al-Attar, Head of Office, Kuwait Petroleum Corporation, Houston
Agenda and Presentations
8:00
Registration and Coffee
9:00
Welcome
Ambassador Edward P. Djerejian
Founding Director
James A. Baker III Institute for Public Policy
Arthur Hanna
Energy Industry Managing Director
Accenture
9:15
Keynote Addresses
Keynote Address by The Honorable James A. Baker, III
Honorary Chair
James A. Baker III Institute for Public Policy
His Excellency Mohamed Bin Dhaen Al-Hamli
Minister of Energy
United Arab Emirates
10:15
Coffee Break
10:30
"Changing Paradigms in International Energy"
Arthur Hanna
Energy Industry Managing Director
Accenture
10:50
Emerging U.S. Climate Policies: Implications for
Global Oil and Natural Gas Geopolitics and Markets
"Energy Market Consequences of an Emerging U.S. Energy and Climate Policy"
Amy Myers Jaffe
Wallace S. Wilson Fellow in Energy Studies
James A. Baker III Institute for Public Policy
11:10
Petrodollars and Cycles in the Global Financial System
"Petrodollars and the Cycle of Financial Bubbles: Here We Go Again"
Mahmoud El-Gamal, Ph.D.
Will Clayton Fellow for International Economics, James A. Baker III Institute for Public Policy
Chair, Department of Economics, Rice University
11:45
Q & A Discussion
Arthur Hanna, Amy Myers Jaffe, Mahmoud El-Gamal
12:15
Lunch
13:45
Panel: Changing International Outlook
Implications for Upstream Oil and Gas Investment
His Excellency Ghanim Al-Jumaily, Ph.D.
Ambassador of Iraq to Saudi Arabia
"Potential Impacts of U.S. Energy, Environmental and Climate Policy on Upstream Oil & Gas Investment"
William Bumpers
Partner
Baker Botts, L.L.P.
"Kuwait Future Oil Strategies and the Proposed Operating Service Agreement"
Abdulaziz Al-Attar
Head of Office, Houston
Kuwait Petroleum Corporation
"The Shale Gas Revolution and What It Means for Global Energy Markets"
Kenneth B. Medlock III, Ph.D.
James A. Baker, III, and Susan G. Baker Fellow in Energy and Resource Economics
James A. Baker III Institute for Public Policy
Discussion
15:15
Coffee Break
15:30
An IOC Perspective on Climate
Doug McKay
Vice President, International Organizations
Shell International
16:00
Panel: Disruptive Technologies
Melissa Stark
Clean Energy Lead
Accenture
"Smart Grid, Smart Water"
Michael Webber, Ph.D.
Associate Director, Center for International Energy and Environmental Policy and
Co-Director, Clean Energy Incubator
University of Texas at Austin
Discussion
17:00
Closing Summary
Amy Myers Jaffe
Wallace S. Wilson Fellow in Energy Studies
James A. Baker III Institute for Public Policy
Reception to Follow
Hosted by Baker Botts L.L.P.
