11.30 – 13.00: How much oil is there and how long will it last?More than 85% of the world’s energy production is based on fossil fuels. Oil, gas and coal have transformed mankind’s economies and brought prosperity and security but also climate change and environmental pollution. Declining finds of easy oil and exploding demand from new emerging economies has raised challenges of supply/demand and more fundamentally the question of the finiteness and thus the future of oil. (...)Introductory discussants include:Philip Lowe, European Commission Director General for EnergyKjell Aleklett, Professor of Physics at Uppsala University, Sweden, and leader of Global Energy Systems research and the Uppsala Hydrocarbon Depletion Study GroupPhilippe Lamberts MEP, Member of the European Parliament Committee on Research, Industry and EnergyIsabelle Muller, Secretary General of the European Petroleum Industry Association (EUROPIA)14.00 – 15.15: How do we manage a smooth transition to a low-carbon economy? There is a growing awareness that the world has to make the transition to a low-carbon future. That said for how long will oil remain the leading source of the global energy system? Can the EU substitute all oil-based economic activities with alternative energy sources or will it need to manage more closely what oil in the future will be used for? (...)Introductory discussants include:Ivan Hodac, Secretary General of the European Automobile Manufacturers Association (ACEA)Pierre de Kettenis, Executive Director for the Petrochemistry Sector of the European Chemical Industry Council (CEFIC)Samantha Smith, Leader of the Global Climate and Energy Initiative of WWFFor more information visit our Event web page.