Fuel for thought?
Recent years have seen real strains
already showing on energy,
food and water resources,
and key environmental factors.
A globalized world has clear benefits,
but these are some
of its clearest drawbacks.
Change in the Arctic has its effects.
And nobody is immune
to these effects.
That there are cascading impacts,
and once you lose too much sea ice,
this changes the jet stream.
A number
of the extreme weather conditions,
perhaps even those we have
been experiencing this summer,
can be attributed
to changes in the Artic.
In Germany we had
electricity blackouts in 2005, 2006
and we were totally surprised.
It effected not just the region itself,
it was actually effecting eleven
other EU states and even Morocco.
We can already see
some very clear signs
of the ice cap melting, of glaciers
disappearing, and if you look...
If you see the importance of glaciers
for instance for drinking water,
maybe less in Europe,
but for sure if you go the Himalayas,
and if the glaciers disappear,
the drinking water
for millions will disappear,
then definitely there is a problem.
So let’s take energy. How can we
create better energy security?
Energy security has
basically three elements.
One is supply security, which also
has to do with the overall availability.
It has to do with the questions
of economic competitiveness,
particularly relevant
for the energy industry.
And it has to do with environmental
issues, such as climate change.
So, all three factors determine
energy security on a national level,
as well as
on a regional and global level.
The basic challenge we see,
is that you need to balance
these three factors with each other.
Changes in needs has led
to changes in many policies too.
Energy is increasingly
becoming a driver
for international relations,
including security.
Alongside
of the globalization of economics,
there is a globalization of security.
Often also the result of new
dependencies, new infrastructures,
be it information
and communication infrastructures,
be it energy infrastructures,
such as pipelines,
such as the growing LNG capabilities
and imports we have.
Part of the challenge is trying
to adapt an energy infrastructure
that was built for a different age.
We have built our infrastructure
assuming that it won’t change,
and it’s changing dramatically.
We see this all over the world.
And our internal economic
structures have been built
right into that physical infrastructure.
Look at Shanghai.
Shanghai is a city like New Orleans.
It’s in a delta, it’s subsiding,
it’s in a typhoon pathway...
It is in the wrong place.
And not only are our traditional
energy resources diminishing,
the world population is also rising.
There is an assessment made
of China’s need for resources.
And they said:
We don’t have enough resources,
so we will reduce demand
by reducing the population.
But at the same time they have
started to secure supply externally.
We have
a tremendous increasing demand
in the mid-term
perspective until 2035.
The IEA is expecting
40% more energy we need
and 70, 80% is coming
still from the fossil fuels.
Finally, there is the challenge
of forming a collective response.
Acting individually
could make the problems worse.
If countries are following
not a very cooperative way,
but a very national way of just...
of guaranteeing national
energy resource security.
Take China, which is very much
seeing that from the political lead
through the prism of regime stability,
then it leads to a situation
where the competition is increasing.
And the competition can
very often then also result even
to more political conflicts or beyond.
So, are we rushing headlong into an
environmental and energy disaster?
Not necessarily.
The solutions in a way already exist.
There is a lot of technology.
There is the knowledge
of what is going to happen.
And there is the possibility
to use much less fossil fuels.
There is the possibility
to save a lot of water.
So it is much more
a matter of political will
to engage into new policies.