FUTURE OF HYDROCARBONS

FUTURE OF HYDROCARBONS | La Jolla Conference 30 th Anniversary Policy Brief

rhythm. Trends point to the pace, rhythm and outlook being determined by energy security and climate security. This is particularly the case in the Americas as discussed. The end of hydrocarbons is not coming yet but there will be a massive change in the years ahead. To conclude the discussion at the La Jolla Conference, the future of hydrocarbons was translated to book and movie titles with Back to the Future, Apocalypse Now, Cinema Paradiso and The Leopard set forth as the leading choices to summarize the debate. The Institute of the Americas would like to recognize Carlos De Regules , Partner, Deloitte S-LATAM, and a member of the IOA’s Energy Steering Committee, for chairing the Virtual Panel and the participation of expert presenters: Marta Jara , Non-Resident Fellow at the Institute of the Americas and former President of ANCAP (Uruguay); Chris Sladen , Non- Resident Fellow at the Institute of the Americas, long-time energy executive and author; Christoffer Mylde , Senior Vice President at Sproule and a member of the IOA’s Energy Steering Committee. We would also like to recognize Kathryn Hillis , a graduate student at UCSD’s School Global Policy and Strategy (GPS), who served as the rapporteur for the panel and assisted in drafting this Policy Brief.

About the Institute of the Americas Established in 1981, the Institute of the Americas is an independent, inter-American institution devoted to encouraging economic and social reform in the Americas, enhancing private sector collaboration and communication and strengthening political and economic relations between Latin America and the Caribbean, the United States and Canada. Located on the University of California, San Diego campus in La Jolla, 30 miles from the border with Mexico, the Institute provides a unique hemispheric perspective on the opportunities opened by economic and social reforms in Latin America and the region’s relationship with the United States and Canada. Since 1992, the Institute’s Energy & Sustainability program has played a crucial thought-leadership role in shaping policy discourse and informing policymakers and investors on the most important trends in the energy sector. The Institute continues to serve as an honest broker between the public and private sectors across the hemisphere to help forge a constructive dialogue on the issue of clean energy transitions and emerging economic opportunities derived from renewable energy deployment. For more information, visit iamericas.org @IOA_Energy

FUTURE OF HYDROCARBONS | INSTITUTE OF THE AMERICAS