cbi climate change summit - professor sir david king
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Should business care about climate change?
Professor Sir David KingSenior Scientific Advisor to UBS
Director, Smith School of Enterprise and the Environment
17th November 2010
CBI 2010IET, 2 Savoy Place, London
Source: Fedorov et al. Science 2006, 312, 1485 Source: ML Design. From "The Complete Ice Age: How Climate Change Shaped the World" edited by Brian Fagan, Thames & Hudson Ltd., London, 2009
Observed Global Temperatures
60 million years ago
40 million
20 million 0.5 million
Present2.5 million
2 million
1 million1.5 million
5
4
3
2
1
0
3 million
Carb
on
d
ioxid
e
400,000 years ago 300,000 200,000 100,000 Present
Tem
pera
tur e
0ºC
-2ºC
-4ºC
-6ºC
-8ºC175ppm
200ppm
275ppm
250ppm
225ppm
-300ppm
-325ppm
δ1
8 0
(p
pt)
Tem
pera
tur e
Sea Level and Temperature Measurements
Source: Met Office & Proudman Oceanographic Laboratory Liverpool
Volume of conventional oil discovered
Volume of conventional oil consumed
Billion
s o
f b
arr
els
[G
b]
Year
50
40
30
20
10
2000198019601940
0
19201900 2020 2040 2060
Source: N.A. Owen, O.R. Inderwildi and D.A King, ‘The status of conventional world oil reserves - Hype or cause for concern?’ (2010) Energy Policy, doi:10.1016/j.enpol.2010.02.026
Conventional Oil Supply and Demand
Forecasted demand 1.2% p.a. growth
Organisations with links to the Smith School
The Smith School of Enterprise and the Environment at the University of Oxford
Making an impact on the environmental changes facing the planet
www.smithschool.ox.ac.uk
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