The 2013 LBA GLOBAL BUSINESS CONFERENCE
September 25th through 26th
Westin Bonaventure Los Angeles
Track I. ENERGY/RENEWABLE ENERGY
The use of energy has been a key in the development of human society by helping it to control and adapt to the environment. Managing its use becomes increasingly important in any functional society.
In the industrialized world, the development of energy resources such as fossil fuels, coal, gas and nuclear power have become essential for agriculture, transportation, waste collection, information technology and communication that have become prerequisites of a developed society.
Production and consumption of energy resources is critical to the global economy. All economic activity requires energy resources whether to manufacture goods, provide transportation, run computers or other machinery. Widespread demand is driving competition among energy utilities and the formation of retail energy markets, as evinced by the creation of the Energy Marketing and Customer Service (EMACS) sub-sector.
The large-scale use of renewable energy technologies, which include biofuels, solar heating and cooling, hydroelectric power, solar power, wind power and geothermal power, will significantly mitigate, and can potentially eliminate a wide range of environmental and human health impacts of energy use.
Climate change concerns, coupled with high oil prices, peak oil and increasing government
support are driving renewable energy legislation, incentives and commercialization. New government spending regulation and policies helped the industry weather the global financial crisis better than many other sectors.
While 16% of global final energy consumption currently comes from renewable resources, the International Energy Agency projects that solar power generation may produce most of the world’s energy within 50 years, dramatically reducing the emission of greenhouse gases that harm the environment.
The 2013 LBA Global Business Conference Track I. ENERGY/RENEWABLE ENERGY will explore the most recent and dramatic developments in the energy industry and how they pertain to business development, both domestically and internationally, and to the global economy.