Geoffrey M. Heal, Donald C. Waite III Professor of Social Enterprise, Columbia Business School
Travis Bradford, President, Prometheus Institute for Sustainable Development; Associate Professor of Professional Practice in International and Public Affairs, Columbia University
Paul J. Scalise, JSPS Research Fellow, Institute of Social Science, University of Tokyo Moderator:
Hugh Patrick, R.D. Calkins Professor of International Business Emeritus; Director, Center on Japanese Economy and Business, Columbia Business School
Synopsis: Mr. Tanaka analyzed, from a long-term perspective, Asian and global energy supply and demand by examining the following: 1) The "Shale Gas Revolution," geopolitical upheaval in the Middle East, and other changes in the global energy environment, 2) Trends in the global economy, in particular the growth of developing countries, especially in Asia, and 3) Trends in energy and global warming policies.
The use of low-carbon emission alternative technologies that increase energy efficiency and decrease reliance on carbon fuels is expected to continue increasing because they are expected to slow global warming and to help stabilize energy supply. However, policy changes influenced by the Fukushima Daiichi Nuclear Disaster are expected to cause delays and decrease further development of nuclear energy worldwide. With these factors in mind, this symposium aims to present a picture of long-term global energy supply and demand, as well as the energy policies that Japan should adopt.
Following Mr. Tanaka’s remarks, three discussants responded and shared their views on this topic.