The UCL Ramsay Society held its Annual Debate on the Friday 4 March. The topic – ‘Does oil have a future?‘ – explored areas such as energy policies, emissions, sustainability and the cyclic nature of the oil and gas industry.
The panel members were; Professor Paul Ekins , Dr Myrian Schenk, Abhishek Goswami and John Kemp.The event ended with a Q & A session with members of the audience.
IChemE member Matthew Howard was there to report on the debate. Here are his thoughts:
It quickly became clear that this year’s UCL Ramsay Society Debate “Does Oil Have a Future” was somewhat of a forgone conclusion; its title mirroring alarmist traditions of media headlines which you could imagine exclaiming “Oil is Dead”.
While this would be great news for atmospheric CO2 concentrations, there was agreement between the speakers that yes, oil does have a future. But the question remains, for how long?