6th Annual November 29, 2012 • Digital Sandbox • New York Fuel Fight: Environment Meets Economics Forum Sponsor Agenda 8:00 – 9:00 am Registration & Breakfast 9:00 – 9:15 9:15 – 10:15 Welcome Introductory Remarks Pierre Gadonneix, Chairman, World Energy Council The Technology Battle Though territory continues to open up for remote oil exploration and many hope for natural gas to replace coal and nudge out renewables, achieving a balanced energy solution necessitates innovative technologies across all sectors. Advances in traditional energy sources come at precisely the moment when the price of oil, gas and coal needs to reflect not just the marginal cost of production but hydrocarbons’ wider impact on the environment. This debate will investigate cutting edge technologies that bring both sound economics and environmental responsibilities to face one another. Specifically, we’ll examine: • Tomorrow’s power: fossil fuels, nuclear and renewables • Scalability to meet growing global demand: can renewables compete with coal, gas and nuclear? Speakers John Kingston, Global News Director, Platts (Moderator) Robert Bryce, Senior Fellow, Manhattan Institute Jigar Shah, Founder, SunEdison and Former CEO, Carbon War Room 10:15 – 10:30 Networking Break 10:30 – 11:30 Global Face-Off: Governments Lock Horns with Industry Fledgling governments in the middle east reach for better footing; instability and uncertainty prevail in Syria; and, long-range energy plans in Russia and the United States get back-burnered to election-year partisan posturing. Should government heed industry’s call for the perceived natural gas panacea, or lead us toward the proverbial “all of the above” energy plan? Whether restraining natural market growth, subsidizing sectors or promoting ostensible favorites, governments face an industry inflamed. We’ll address: • Insatiable demands: where would the industry take us? Can the economy recover under government’s control? • Should companies comply knowing governments often change course? • The global impact of an undeniable path for emerging markets Speakers Simon Thorne, Editorial Director, EMEA Oil, Platts (Moderator) Dr. Fatih Birol, Chief Economist, International Energy Agency Suzanne Daugherty, Chief Financial Officer, PJM Interconnection William Reilly, Former Administrator, Environmental Protection Agency 11:45 – 12:30 pm Award of Excellence Ceremony Lunch This year we will be recognizing the Award of Excellence winners for 2012, the Global Energy Awards Finalists in the Stewardship Award section. 12:30 – 2:00 Keynote Address Marvin Odum, President Shell Oil Company Panelists Paul Browning, Former Manager of International Crude Trading; VP & Director of ExxonMobil Sales and Supply. Paul Browning wasPlatts employed Exxon/ExxonMobil for 43 years,a working The Award of Excellence gives anbyopportunity to recognize group primarily in the international supply, transportation, refining of companies for their overall contribution to sustainability, theoptimization, industry and crude oil trading segments of the business. There he developed and to society, inexpertise general. This year the Stewardship Award section was in the global crude oil markets, international marine transportachosen because of these companies commitment to corporatefundamensocial tion, refinery crude slate optimization, global supply/demand responsibility, effienergy ciencypolicy andissues. the production of green energy. was tals, and Paul’s last position with ExxonMobil as Manager of International Crude Trading, and Vice President/Director of ExxonMobil Sales and Supply, LLC. Finalists Stewardship Award Prior to that, he held management positions in a variety of areas within Exxon. On the commercial side, he was initially a crude and product Corporate Social Responsibility Energy Efficiency Program trader but moved on to manage a market analysis group, then the AREVA Inc. Commercial End-User North Corporation Sea crude trading operation, and ultimately, all international Chesapeake Energy Cape Town International Convention Centre trading for Exxon and then ExxonMobil.Cummins In the transportation Devoncrude Energy area, Paul managed Exxon International’sDubai vesselAluminium scheduling operations Entergy Corporation - EITC the vessel chartering activityKohl’s whichDepartment included chartering for Irving Oil -and Fuelthen the Care Store North American Exxon’sPower own needs, out-chartering surplus tonnage, and also selling McCormick & Company Peabody Energyvessels during a time of significantThe Kroger Co. surplus reduction in Exxon’s fleet. PTT Global Chemical Public Company Limited Staples, Inc. Stream Energy Tennessee Valley Authority U-Haul International Green Energy Supplier AREVA Inc. First Wind MidAmerican Energy Company SolarReserve U-Haul International Energy Efficiency Program Energy Supplier City of Burbank Water and Power Commonwealth Edison Company (ComEd) DTE Energy Entergy Corporation - Energy Arkansas Inc. Enzen Global Solutions Pvt Ltd KiWi Power Limited Pepco Holdings, Inc. Tennessee Valley Authority Keynote Speaker Marvin Odum, President, Shell Oil Company Marvin E. Odum is President of Shell Oil Company and Director Upstream of Royal Dutch Shell’s subsidiary companies in the Americas. Odum directs a broad portfolio, from traditional oil and gas development to emerging technologies in a wide range of areas, including heavy oil, onshore gas, light tight oil, deepwater, wind and biofuels. Odum is a member of the Council on Foreign Relations and holds positions of board leadership and participation in the Business Roundtable and the American Petroleum Institute. In addition, he is a member of the Dean’s Council of the John F. Kennedy School of Government at Harvard University and the Advisory Board of the Cockrell School of Engineering at The University of Texas at Austin. He also serves on the University Cancer Foundation Board of Visitors for MD Anderson Cancer Center. Odum earned a bachelor’s degree in mechanical engineering from The University of Texas at Austin and a master’s degree in business administration from the University of Houston. He began his Shell career as an engineer in 1982, and has since served in a number of management positions of increasing responsibility in both technical and commercial aspects of energy. His current role involves engaging with public, private, media and non-governmental leaders on a wide range of energy policy issues. He is charged with establishing and advocating innovative, industry-leading solutions to the challenge of securing safe, secure and sustainable energy sources. Moderators John Kingston, Global News Director, Platts John Kingston oversees the news operations of Platts numerous editorial areas of coverage, including oil, natural gas, electric power, petrochemicals and metals. Prior to that, he had been Platts’ global director of oil, managing the worldwide oil reporting team. He has been with Platts for more than 25 years, and has had stints as managing editor of Platts Oilgram Price Report and editor-in-chief of Platts Oilgram News. Prior to joining Platts, John worked for American Metal Market and for newspapers in New Jersey and Virginia. Simon Thorne, Editorial Director, EMEA Oil, Platts Simon Thorne joined Platts in 2004 and is currently editorial director for oil, Europe, Middle East, and Africa (EMEA). He is responsible for all news and pricing for oil in the EMEA region including crude oil, refined products, liquefied petroleum gas (LPG), Platts’ oil forward curves as well as oil and LPG freight. Prior to joining Platts, Simon worked for a film company evaluating new project concepts and using statistical breakdowns of demographics to suggest enhancements that improve project profitability. In addition, Simon worked in a team of journalists tracking developments and trends in global telecommunication markets used in assessing potential mergers and acquisitions. A native of London, Simon holds a first-class degree in English literature from Kings College London. He speaks fluent French. Speakers Dr. Fatih Birol, Chief Economist, International Energy Agency Dr. Fatih Birol is the Chief Economist and Director of Global Energy Economics at the International Energy Agency in Paris. He is responsible for the IEA’s flagship World Energy Outlook publication, which is recognized as the most authoritative source of strategic analysis of global energy markets. He is also the founder and chair of the IEA Energy Business Council, which provides a forum to enhance cooperation between the energy industry and energy policymakers. Dr. Birol has been named by Forbes Magazine among the most powerful people in terms of influence on the world’s energy scene. He is a member of the UN Secretary-General’s ‘High-level Group on Sustainable Energy for All’ and the Chairman of the World Economic Forum’s (Davos) Energy Advisory Board. Dr. Birol was awarded the Officer of the Order of Merit of the Italian Republic in 2012, the country’s highest honour. In 2009, alongside awards from the Dutch and Polish governments, Dr. Birol received Germany’s Federal Cross of Merit, the country’s most prestigious decoration. He was awarded the Golden Honour Medal of Austria in 2007 and was made a Chevalier dans l’ordre des Palmes Academique by France in 2006. These followed awards from the governments of Turkey in 2005 and the United States in 2004 and from the Russian Academy of Sciences in 2002. He is a past winner of the International Association of Energy Economics’ annual award for outstanding contribution to the profession. Robert Bryce, Senior Fellow, Manhattan Institute Robert Bryce is a senior fellow with the Center for Energy Policy and the Environment at the Manhattan Institute. He has been writing about energy for two decades, and his articles have appeared in numerous publications ranging from The Wall Street Journal to The Nation and the Atlantic Monthly to the Washington Post. Bryce’s first book, Pipe Dreams: Greed, Ego, and the Death of Enron, was named one of the best nonfiction books of 2002 by Publishers Weekly. In 2004, he published Cronies: Oil, The Bushes, and the Rise of Texas, “America’s Superstate”. In 2008, he published Gusher of Lies: The Dangerous Delusions of “Energy Independence”. A review of Gusher of Lies in the New York Times called Bryce “something of a visionary and perhaps even a revolutionary.” His fourth book, Power Hungry: The Myths of “Green” Energy and the Real Fuels of the Future, was published in April 2010 by PublicAffairs. The Wall Street Journal called Power Hungry “precisely the kind of journalism we need to hold truth to power.” The Washington Times said Bryce’s “magnificently unfashionable, superlatively researched new book dares to fly in the face of all current conventional wisdom and cant.” Speakers Suzanne Daugherty, Chief Financial Officer, PJM Interconnection Ms. Daugherty is responsible for the formulation of long-range financial/ investment strategies and business plans to achieve PJM’s long range business objectives and pricing strategy. She directs preparation and evaluation of operating budgets and rates, reviews and distributes policy and procedure statements to ensure regulatory and policy compliance. She is responsible for ensuring that effective planning and basic systems of accounting, financial control, treasury functions of cash management, insurance, investments and taxes are performed. Previously, Ms. Daugherty has been PJM’s liaison to the president, controller and manager of the Business Planning & Analysis Department. Pierre Gadonneix, Chairman, World Energy Council Pierre Gadonneix was appointed WEC Chair in 2007, then re-elected in September 2009 for a three-year term (2010–2013). From 2004 to 2009, Pierre Gadonneix was Chairman and CEO of EDF. Under his impetus, EDF pursued its international expansion in energy markets, especially in China, the US, the UK and Italy. Prior to joining EDF, Mr Gadonneix was Chairman and CEO of Gaz de France from 1996 after serving as CEO from 1987. One of the Chairman’s early initiatives addressed the need that policymaking needs to balance the trade-offs between energy security, social equity, and environmental protection – the energy trilemma. He regularly represents the WEC at global events such as the Rio+20 Earth Summit in Brazil, UNFCCC Conference of the Parties, and the International Economic Forum of the Americas, where he shares the WEC’s vision for sustainable energy. William Reilly, Former Administrator, Environmental Protection Agency William Reilly is a Senior Advisor to TPG Capital, LP and founder of Aqua International, which invested in the water sector. He served as Administrator of the Environmental Protection Agency, president of World Wildlife Fund, director of the Rockefeller Task Force on Land Use, and on staff of the Council on Environmental Quality. In 2010, President Obama appointed him to co-chair the Commission on the BP Deepwater Horizon Oil Spill. He serves on the boards of ConocoPhillips, Royal Caribbean International, and Energy Future Holdings. Jigar Shah, Founder, SunEdison and Former CEO, Carbon War Room Jigar Shah is an entrepreneur and visionary committed to leveraging the next economy, or “impact economy,” by solving the challenging issues of our time. From 2009 to 2012, Jigar was called on by Sir Richard Branson to serve as CEO of the Carbon War Room. The Carbon War Room seeks to harness the power of entrepreneurship to cause proven climate change solution technologies to be deployed at scale. Prior to the Carbon War Room, Jigar was founder and CEO of SunEdison, today the world’s leading solar services company. SunEdison’s groundbreaking business model catalyzed the revolution that turned solar PV into a multi-billion dollar industry worldwide. Jigar sits on the boards of the Coalition for Affordable Solar Energy, SolarNexus, KMR Infrastructure, the Prometheus Institute and Greenpeace USA. Newell Thompson, Executive Director Custom Publishing, News & Sports Group, Time Inc. Newell Thompson is the Executive Director of Custom Publishing at the News & Sports Group at Time Inc. He leads a dynamic team that creates the custom print and digital content for Fortune, Money, Sports Illustrated and TIME. This includes advertising sections in the magazines as well as customized microsites, iPad and social media products for corporate clients. Prior to this post, Newell was the executive vice president of sales for a social commerce startup called Moontoast. He is also a former ad director for TIME and Golf Digest and a former Group Publisher of several custom published titles at North American Membership Group. Company Profiles Forum Sponsor Fortune magazine offers readers an unparalleled look at business and economic news, with incomparable access to business drivers around the globe. 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Platts’ news, pricing, analytics, commentary and conferences help customers make better-informed trading and business decisions and help the markets operate with greater transparency and efficiency. Customers in 150 countries benefit from Platts’ coverage of the oil, petrochemicals, natural gas, electricity,coal, nuclear power, shipping, and metals markets. A division of The McGrawHill Companies, Platts has approximately 900 employees in more than 15 offices worldwide. Additional information is available at www.platts.com. About The McGraw-Hill Companies McGraw-Hill announced on September 12, 2011, its intention to separate into two public companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. 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