Amy Myers Jaffe

Jaffe: There Will be No Shortage of Oil/Gas—‘Get Over It’

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VerdeXchange News presents the following remarks by Amy Myers Jaffe, Executive Director for Energy and Sustainability at UC Davis, delivered this summer at the biannual Asilomar Conference on Transportation and Energy. Her thesis: Many incorrectly imagined that the globe and the Industrial West were running dry of oil and thus alternative energy and fuels could depend on high oil prices shifting us to lower carbon emissions. Jaffe suggests that environmental policy advocates shift away from arguing scarcity and instead prepare for possible fossil fuel surpluses, and what that might mean for the economy and for climate change initiatives.