LONDON METROPOLITAN BUSINESS SCHOOL
Michael Jefferson in Canning House debate
Visiting Professor Michael Jefferson participated in a debate on the topic of energy scenarios on 12 February at Canning House, home of the Hispanic and Luso Brazilian Council.
From left to right:
Chris Dodwell, Deputy Director and Head of Strategy of International Climate Change, Dept for Energy and Climate Change (DECC)
The Lord Dan Brennan QC, President of Canning House and Matrix Chambers
Wim Thomas, Head of Energy Team, Global Business Environment, Shell International and Chairman of British Institue of Energy Economics and contributor to the World Energy Council
Michael Jefferson, Visiting Professor International Business and Sustainability, LMBS and former Deputy Secretary General of the World Energy Council, former Chief Economist of the Royal Dutch/Shell Group
The debate was led by Wim Thomas, head of Shell’s Global Business Environment (Energy), and attended by a large number of ambassadors and senior corporate representatives. Mr. Thomas gave a presentation on Shell's Energy Scenarios through to 2050.
Shell develops both short-term scenarios, driven by political and economic developments, and long-term ones. Mr. Thomas spoke in detail about the two areas within the long-term scenario; Scramble - a world of energy nationalism and reactive change, where security of energy supply and threats to economic growth are the primary concerns; and Blueprints - a world of emerging coalitions and accelerated change driven by the combined needs of energy supply security and sustainability.
Visiting Professor Michael Jefferson, of LMBS’s Centre for International Business and Sustainability, responded to Mr. Thomas’s presentation as did Chris Dodwell, Deputy Director and Head of Strategy of International Climate Change at the Department of Energy & Climate Change, who presented a Government perspective.
Professor Jefferson's impressive contribution, took a somewhat sceptical approach to the assumptions that lay behind the 'Blueprint' scenario advanced by Wim Thomas.
Chris Dodwell, then spoke of the need for a holistic approach covering areas such as forests and sustainable agricultural systems. He said the UK is looking for Blueprintsand the current priorities include international political agreement, relevant technologies, effective delivery of hard targets, action by developing countries, effective carbon markets and the implementation of President Obama’s green agenda.
Professor Jefferson, followed this and concluded by picking up on those points in the Shell scenario book which Mr. Thomas had not had time to cover, together with points raised by Chris Dodwell.
