On April 17-19, 2009, the “2009 Boao Forum for Asia Annual Meeting†was held. The theme of this year’s conference was “The Economic Crisis and Asia: Challenges and Prospectsâ€. The following is a statement of the speech made by SK Energy President Jiang Zirong at the luncheon discussion on the topic of “Green Economy Promoting Green Economy†yesterday (19th).
Moderator Ke Ruisi: Sir, you are the president of the Energy Agency. In 1858, there was a novel about energy. At that time, whale oil was the main source of energy. Whether this situation would occur, oil would become the next whale oil, completely Depleted.
Glorious: In two respects: those whales and mammals, many of them many years ago on Earth, but have disappeared. This is because we have too much carbon today and many mammals have disappeared. Humans depend on biological energy. Until the beginning of the 50th century, we began to change the energy structure. In 1930, oil became our main energy source. When will the oil run dry? I know everyone is asking this question. This is a matter of time. Oil can be completely depleted. Oil, natural gas and coal are all sources of carbon emissions, but they provide us with the vast majority of energy supply.
In the future, we predict that 80% of energy in 2030 will come from carbon energy.
So we know that oil may dry up sooner or later. How do we deal with the future of oil depletion? In the oil and gas industry, they have a conservative approach to answering your questions. Because the oil and gas industry is now a dinosaur industry, it is not. To find those big mammals buried under 50 kilometers into energy, we need technology. This technology is mature. So the technology we use to develop energy, so that energy can be provided to all people in the world, in fact, this technology is very advanced technology. Some people say that the Stone Age is over. It does not mean that there is no stone. The end of the oil era is not because there is no oil, but because of a variety of alternative energy sources. Because of environmental considerations and other sources of energy that are becoming more cost-effective, the end of the oil era will come. Our company is ready and it is also the preparation process. We hope to find some good renewable energy sources, including electric vehicles and the storage of energy, including solar energy, wind energy storage, and storage. In addition gasoline biofuels, photovoltaic cells and so on. We are accumulating these energy technologies.
Ke Ruisi: Oil dropped from US$147 a barrel to US$40. The price of oil fell so fast. Is it because people do not use alternative energy?
Enrichment: In the short term, this is the case. Given the relatively large fluctuations in oil prices, we find it difficult to determine the future of renewable energy. However, I think that in the long run, rising energy prices is an inevitable trend. We must deal with these high energy prices.
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