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Extra resources for A Preliminary Investigation into the Role of Pos Psych in Consumer Sensitivity to CSR

Example text

OIL UNCERTAINTIES The future of oil is filled with uncertainties. One important unknown, discussed in the next chapter, is how much, and how quickly, demand for transportation fuels will shift from oil to other energy sources, such as biofuels, electricity, and hydrogen. Another uncertainty, discussed in Chapter 5, is how quickly carbon sequestration and storage technology can be developed and deployed, which could pave the way for greater use of unconventional oil.

Skilled people are going to make a huge difference in resource extraction and energy provision over the next 30 to 40 years. Murray Smith was appointed in January 2005 as the official representative of the Province of Alberta, Canada, to the United States of America. Prior to his diplomatic posting, he served for 12 years as a member of Alberta’s Legislative Assembly. During his tenure as minister of energy (2001 to 2004), Alberta’s annual oil and gas royalty revenue rose to over $9 billion, more than 20,000 wells were drilled, and over $60 billion in investment was committed to Alberta oil sands projects.

Slower growth in the THE GREATEST SINGLE FACTOR 25 ENERGY SHIFT developed world will be offset by faster growth in developing nations. S. government’s Energy Information Association (EIA), world energy demand will have undergone a net increase of 57 percent from a 2004 base, with most of the increases in the fossil fuels—petroleum, coal, and natural gas—that currently supply the vast bulk of the world’s needs. These and other projections, which use mainstream economic forecasts of economic growth and assume no major changes in existing law or policy, provide a starting point for analyzing future energy trends.

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A Preliminary Investigation into the Role of Pos Psych in Consumer Sensitivity to CSR


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