Overview

40th Anniversary of the Oil Embargo

Wednesday, October 16, 2013

Forty years ago, the Oil Embargo evidenced how dependent the United States is on foreign energy sources. Americans were left vulnerable and exposed to the long-term possibility of high oil prices, disrupted supply, wars driven by the need for oil, and economic recession. It is imperative that we, as a nation, learn from the past and continue to expand, diversify and invest in our energy supply portfolio.

 

Over 25 recent global studies show that the U.S. and the world can meet most-or-all of our energy needs with commercially-available high value energy efficiency and renewable energy when taken in the aggregate. Most energy efficiency improvements are paid back in five years or less, and a significant percentage of renewable energy technologies can become cash flow positive and are reaching grid parity against traditional energy in today's market.  Aside from renewables being cost-competitive, they afford a higher degree of energy reliability and much improved electric power quality and security (no surges, sags or transients).

 

Contrary to popular belief, five of the renewable options already provide sustained 24-hour electric power: biopower, hydropower & marine energy, and geothermal, as well as some concentrated solar thermal power technologies. With storage (batteries, compressed storage, flywheels, pumped hydropower, and hydrogen) solar and wind can also meet 24-hour needs; however, they already meet naturally-recurring higher electric loads for midday air-conditioning (solar) and evening peaks (wind). The RFS and CAFE standards, with advanced manufacturing and materials changes for automobiles are leading the way for fuel alternatives in mobile sources. All of these renewables technologies are already commercially competitive with $269 billion of private sector global investment reached in 2012; and trillions of dollars in investment forecast in future decades.

 

Our program will demonstrate the renewable energy industry advances made since 1973, and highlight how renewables are the competitive, economical and sustainable global building block for the 21st century.

 

Q & A Submission:
Q & A both on the teleconference and live at the host firm sites, will follow the speakers' presentations. Please email questions to  This email address is being protected from spambots. You need JavaScript enabled to view it. This email address is being protected from spambots. You need JavaScript enabled to view it. .

 

Call Times:
12:00 pm - 1:30 pm Eastern
11:00 am - 12:30 pm Central
10:00 am - 11:30 am Mountain
9:00 am - 10:30 am Pacific
8:00 am - 9:30 am Alaskan

 

Teleconference Chairs:
Kimberly E. Diamond, Lowenstein Sandler LLP
Roger D. Stark, Stoel Rives LLP
Sarah A.W. Fitts, Debevoise & Plimpton LLP

 

Legislative Update: 
Todd Foley, SVP Policy & Government Relations, ACORE

 

Moderator:
Michael Zimmer, Of Counsel, Thompson Hine LLP
 

Opening Remarks:
R. James Woolsey
, Former Director, Central Intelligence Agency; Chairman, Foundation for Defense of Democracies; Venture Partner, Lux Capital
Robert C. (Bud) McFarlane, Co-Founder, McFarlane Associates, Inc.

 

Speakers:
Scott Sklar, President, The Stella Group, LTD
Topic:
U.S. energy supply and consumption trends following the Oil Embargo, the current state of the U.S. energy market, and integrated renewable energy systems.

 

Carol Werner, Executive Director, EESI
Topic: The Clean Air Act, climate change, and advancements in energy efficiency.

 

Michael Ware, Managing Director, Advance Capital Markets representing himself and Bill Holmberg, Biomass Coordinator, American Council On Renewable Energy
Topic: Transportation fuels involving all forms of renewable and fossil energy to power all forms of transport and equipment. Learn about the leaders in alternative transport energy systems -- U.S., Brazil, China, Israel, Germany, and Sweden  -- who are forging the way forward.

Supplementary Materials

1. Oil Embargo Infographics

 


 

 

 

 

 

 

 

 


 

 

Our Next Seminar & Teleconference

One Step Forward, Two Steps Backwards: USEPA’s Carbon Reduction Strategy for Power Plants and Transportation Fuels

Wednesday, JuLy 16, 2014

On June 2nd, in a major step forward to address the risk of climate change, the United States Environmental Protection Agency (USEPA) released its proposed Clean Power Plan to reduce carbon emissions from existing power plants, the leading source of U.S. greenhouse gasses.  The rule would reduce emissions by 30% below 2005 levels and sends a clear message about the critical role renewable energy will play in the sustainable, clean production of electricity.  

In contrast, late last year, USEPA released its proposed renewable volume obligations (RVOs) under the renewable fuel standard (RFS) and for the first time, lowered the RVO below the statutory mandate--and even below what the renewable liquid transportation fuel industry is capable of producing.  This proposal called into question the Administration’s commitment to reducing carbon emissions from the transportation sector, which accounts for about one-third of the U.S. carbon load. The proposal sends a stark message of uncertainty about the role renewable liquid transportation fuels will play in a sustainable, clean transportation sector.  

Please join us for this webinar featuring discussion by leading experts on the potential effects of USEPA’s Clean Power Rule and the proposed 2014 RVOs for both the renewable electricity and renewable liquid transportation fuel sectors.  In addition, the panelists will address the legal interpretation of the Clean Air Act (CAA) upon which USEPA is basing its Clean Power Rule and 2014 final RVOs, and which is the legal basis for challenging the final RVOs.

Q & A Submission:
Q & A both on the teleconference and live at the host firm sites, will follow the speakers' presentations. Please email questions to This email address is being protected from spambots. You need JavaScript enabled to view it. .

Call Times:
12:00 pm - 1:30 pm Eastern
11:00 am - 12:30 pm Central
10:00 am - 11:30 am Mountain
9:00 am - 10:30 am Pacific
8:00 am - 9:30 am Alaskan

Teleconference Chairs:
Kimberly E. Diamond, Lowenstein Sandler LLP
Roger D. Stark, Stoel Rives LLP
Sarah A.W. Fitts, Debevoise & Plimpton LLP

Legislative Update: 
Todd Foley, SVP Policy & Government Relations, ACORE

Moderator: 
Todd Foley, SVP Policy & Government Relations, ACORE

Speakers:
Christopher Flavin, President Emeritus, Worldwatch Institute
Salim Morsy
, Advanced Transport Analyst, Bloomberg New Energy Finance
Ernie Shea, Project Coordinator, 25x'25
Douglas W. Smith, Partner, Van Ness Feldman LLP