Spring 2013 Distinguished Leaders Series Kicks Off with Discussion
On Shale’s Effects to Environment, Economy and Security
More than a century ago, with Spindletop in 1901, “Texas tea” helped fuel jobs and the energy industry into the state’s role as a global boomtown. Now, with shale gas defining the next generation of energy, Texas is positioned to boom again.
Bauer faculty and energy industry professionals spoke on “Shale’s Impact on the Economy, Environment and Security” at the first Distinguished Leaders Series event of the spring semester at the University of Houston C. T. Bauer College of Business. Held in Cemo Hall on March 5, the series is presented by AGL Resources and their Houston-based companies and highlights topical energy issues in business.
The session brought students, alumni, faculty and members of the business community together to examine the implications shale energy can have on the economy, security and environment. The panel featured Greg Hopper, managing director for Black & Veatch Management Consulting, and Joseph Pratt, Ph.D., Cullen professor of History and Business at the Bauer College of Business.
“By using shale energy, we will be migrating from one fossil fuel to another that doesn’t put out as much emissions,” said Hopper, who spoke on the impacts of the economy, environment and security. “Environmentally safe solutions can be found, and for a reasonable price.”
While the impact of shale energy is on the forefront of the industries mind, Pratt looked to the past to show similarities between shale explorations and the oil boom in the early 1900s.
“There’s amazing change going on in the energy industry and the University of Houston, Bauer, and our engineering college, will lead that change,” Pratt told the audience. “The southwest has always been a region leading the way for energy booms and we’re destined to do it again.”
The next Distinguished Leaders Series event will be held on April 10, with a reception in the lobby of Cemo Hall at 5 p.m. followed by a discussion on “Dodd-Frank Implications for the Energy Industry and Firms” at 6 p.m. in Stubblefield Auditorium.
By Amanda Sebesta