The Implications of GHG Regulations for the Oil Industry
4:35 - 6:00 PM
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Speakers
Rob Barnett Associate Director IHS CERA
(Chair)
Aaron Brady Director IHS CERA
Antonio Pietri Executive Vice President, Field Operations Aspen Technology, Inc.
William Koetzle Manager of Legislative and Regulatory Affairs Chevron Corporation
Sabrina Watkins Manager, Sustainable Development ConocoPhillips
A myriad of GHG-related regulations have been proposed that would affect the oil industry: fuel economy standards, ethanol and biofuel mandates, low carbon fuel standards (LCFS), cap-and-trade, and carbon taxes.
What mix of regulation is likely to unfold as governments finalize policies that address GHG emissions?
What are the major risks and opportunities that GHG regulations pose for different parts of the oil value chain?
Given policy uncertainty, how are oil companies managing these policy risks today?