Podcast appearances and mentions of Spencer Dale

In publishing the 2024 edition of its Energy Outlook, bp aims to contribute to the wider debate about the factors shaping the global energy system. The two main scenarios this year are Current Trajectory and Net Zero. What are the key trends driving the transition? How might the energy system evolve? I'm delighted to be joined by Spencer Dale, bp's Chief Economist, to discuss these questions. bp Energy Outlook 2024: https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/energy-economics/energy-outlook/bp-energy-outlook-2024.pdf

Ed Morse, Citigroup Global Head of Commodity Research, says Chinese and global oil consumption are approaching a peak as the energy transition away from fossil fuels gathers pace. Spencer Dale, BP Chief Economist, says the oil market remains very uncertain. Ben Laidler, eToro Global Market Strategist, says the rally has been fundamentally driven. Karen Short, Credit Suisse Analyst, reacts to earnings from Walmart and Home Depot. See omnystudio.com/listener for privacy information.

The energy sector is in the midst of historic transformation, including rapid technological progress and declining clean energy costs, growing urgency to address climate change - with the impacts of climate change increasingly evident, rising headwinds for the oil and gas sector, the short- and long-term impacts of the Covid-19 pandemic, and growing ambition to address climate change with more countries, financial institutions, and corporations announcing long-term net zero emissions targets. That even includes some oil and gas companies, and among those announcing the most ambitious long term goals has been BP.  In this edition of Columbia Energy Exchange, host Jason Bordoff is joined by Spencer Dale, BP’s group chief economist, to discuss the outlook for the energy sector, the impact of the pandemic on it, BP’s corporate strategy shift, and more. Spencer is responsible for the annual BP Energy Outlook, which tries to make sense of where the energy sector is in the midst of the pandemic, and where it might be headed in different scenarios. Prior to this role, Spencer served as executive director for financial stability at the Bank of England and was a member of its Financial Policy Committee. Between 2008 and 2014, Spencer was chief economist of the Bank of England and a member of the Monetary Policy Committee. 

Spencer Dale, the group chief economist at BP, expressed his hopes for a strategic “energy transition’’ within the oil-and-gas industry in the latest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” a podcast produced by the Harvard Environmental Economics Program.

President Trump is in Florida trying to garner more support in his adopted state. Business Matters gets the very latest from Mary Ellen Klas, Tallahassee Bureau Chief for the Miami Herald. The BBC's Samira Hussain examines the key issues facing farmers in America as they decide whether to vote for Joe Biden or Donald Trump. Also in the programme, Spencer Dale, chief economist at oil giant BP, discusses the company's plan to cut its oil and gas production by 40% by the end of this decade. Plus we hear from Stuart Fowkes, the creator of the Future Cities project, a sound sharing project of natural and human sounds from more than 650 locations. Fergus Nicoll will be joined by Elizabeth Gwynn Nine News reporter in Albury, New South Wales, Australia for comment throughout the programme.

We analyse last night's US presidential debate from the perspective of work and money. David Taylor is with the Pennsylvania Manufacturers' Association, which represents large and small businesses in the key marginal state, and gives us his reaction. And the BBC's Samira Hussain examines the key issues facing farmers in America as they decide whether to vote for Joe Biden or Donald Trump. Also in the programme, Spencer Dale, chief economist at oil giant BP, discusses the company's plan to cut its oil and gas production by 40% by the end of this decade. Plus, the makers of Guinness have developed an alcohol-free version of the famous Irish stout. Grainne Wafer is global brand director at Guinness and tells us how it is made. (Picture: Donald Trump and Joe Biden on the debate stage. Picture credit: Getty Images.)

Is the fossil fuel industry being too complacent about the speed at which renewable energy will disrupt their business in the next three decades? That's the contention of Spencer Dale, chief economist at BP. In an extended interview with Justin Rowlatt, he explains the thinking behind his company's plan to cut its own oil and gas production by 40% before the end of this decade. And it's not just about heading off the threat of catastrophic climate change. As Spencer explains, even in their business-as-usual scenario they expected an unprecedentedly fast shift towards solar, wind and biomass energy, thanks to steep learning curves and stiffening competition. Producer: Laurence Knight (Picture: BP logo at night; Credit: NurPhoto/Getty Images)

Oil fuelled the 20th century, but now a huge energy shock is catalysing a shift to a new world order. Charlotte Howard, The Economist's energy and commodities editor, and host Rachana Shanbhogue investigate why this oil slump is different. They ask Spencer Dale, BP's chief economist, whether the world has passed peak oil. Daniel Yergin, author of “The New Map” and “The Prize”, explains how cleaner energy will reshape geopolitics. And Kevin Tu, of Beijing Normal University, on China's new role as a global powerhouse of electrification.Please subscribe to The Economist for full access to print, digital and audio editions:www.economist.com/podcastoffer See acast.com/privacy for privacy and opt-out information.

Oil fuelled the 20th century, but now a huge energy shock is catalysing a shift to a new world order. Charlotte Howard, The Economist's energy and commodities editor, and host Rachana Shanbhogue investigate why this oil slump is different. They ask Spencer Dale, BP's chief economist, whether the world has passed peak oil. Daniel Yergin, author of “The New Map” and “The Prize”, explains how cleaner energy will reshape geopolitics. And Kevin Tu, of Beijing Normal University, on China's new role as a global powerhouse of electrification.Please subscribe to The Economist for full access to print, digital and audio editions:www.economist.com/podcastoffer See acast.com/privacy for privacy and opt-out information.

While the peak oil theory is dead, the industry faces a very real prospect of peak demand -- and sooner than you might think. Helen Currie, ConocoPhillips' chief economist, talked with Capitol Crude about where the major US oil producer sees global demand heading. She explains her outlook for US...

After weeks of uncertainty, OPEC and its allies will meet July 1 and 2 in Vienna and the fate of the 1.2 million b/d production cut agreement will be the key item on the agenda. On today’s Platts Capitol Crude, Spencer Dale, BP’s chief economist, discusses the impact of the OPEC+...

For the past 68 years, BP has published its Annual Statistical Review of World Energy, an impressive collection of global energy data that offers a retrospective view of what has happened in the world of energy production, consumption, trade, and related issues. This week, host Jason Bordoff is joined by Spencer Dale, BP’s Chief Economist. He is responsible for advising BP’s board and executive team, and manages BP’s global economics team, providing economic input into the firm’s commercial decisions. Jason and Spencer discuss trends, key findings and insights from this year’s report, including the fact that as global energy consumption grew rapidly in 2018, carbon emissions rose at their highest rate in seven years. Jason and Spencer discuss the mismatch between growing calls to act on climate change, growing energy demand, and increasing global carbon emissions. They discuss the unique double-firsts in the U.S. last year, recording the single largest-ever annual increases by any country in both oil and gas production. They discuss how an unusually large number of hot and cold days in the U.S., China and Russia drove strong growth in energy consumption in 2018, and the importance of decarbonizing the power sector to meet our global climate goals. They also discussed BP’s role in fighting climate change.

Bernie Sanders gives a major speech defending democratic socialism and introducing a 21st Century economic bill of rights. Bernie just keeps on widening the space of possibility in American politics. Participants in the first round of the Democratic Party presidential debates are set. All but four people made the cut: Four candidates didn’t make it: Montana Gov. Steve Bullock; Massachusetts Rep. Seth Moulton; former Alaska Sen. Mike Gravel and Miramar, Fla., Mayor Wayne Messam. New Monmouth University poll shows Warren moving into the #2 spot at 19% ahead of Bernie’s 13%. Biden still holding onto the top spot at 36% among “likely caucus-goers.” Latest head-to-head national polls showing six (6) Democratic presidential candidates beating Trump in a hypothetical matchup: Biden +13, Sanders +9; Harris +8, Warren +7. Cadre, a real estate company partially owned by Trump son-in-law Jared Kushner, has received more than $90 million in dark money from foreign investors. The money was funneled through secret accounts in the Cayman Islands. Jared may not have too much to worry about since Elaine Chao has stepped into the corruption spotlight this week. Nancy Pelosi further stymies moves to opening impeachment inquiries at the Peterson Foundation’s 2017 Fiscal Summit. The Peterson Foundation has long been criticized for its role in making the case for gutting social programs and advancing unbridled free trade. Ahead of this week’s hearing on Medicare for All before the House Ways and Means committee, Committee Chair, Democrat Richard Neal of Massachusetts gathered his fellow Democrats behind closed doors and told them not to use the phrase “Medicare for All” during the hearing. Instead, Neal told them to use “universal health care” or “universal health coverage” instead. He was not very successful. Neal is known to be resistant to Medicare for All and some of his largest financial backers are insurance companies and big Pharma. The hearings did show, however, that Mike Kelly, the Republican representative from PA’s 16 District is an anti-Medicare-for-All crusader. Carbon emissions from the global energy industry increased at the fastest rate since 2011, according to BP’s annual global energy report. According to the report, emissions increased by 2% because the demand for energy significantly outstripped the rollout of renewable energy resources and infrastructure. BP’s chief economist, Spencer Dale, told The Guardian, “At a time when society is increasingly concerned about climate change and the need for action, energy demand and emissions are growing at their fastest rate for years.” Yes, said that was BP’s chief economist. Look...the Green New Deal is a disruptive initiative whose time has come. Time for people over “jobs.” I’ll tell you a little about what I mean by that. In this week’s report from Gilead, due to Alabama lawmakers recent passage of an extreme anti-abortion bill - a bill that provides no exception even in the case of rape or incest - rapists may be able to get custody of a child resulting from rapes they committed. That’s because last month those same lawmakers removed language from a bill that would have denied rapists parental rights. Code Pink is seeking a permit to fly the Baby Trump Blimp on the National Mall during Trump’s July 4th address from the Lincoln Memorial. And, the symbolic “tree of friendship” planted at the White House by Trump and French President Emmanuel Macron has died. Governor Wolf says he’ll veto a bill designed to increase the EITC tax credit program that diverts money away from public schools toward private, for-profit, and religious schools. Will there be an increase in the minimum wage and the tipped minimum wage?  Not so fast. House Republicans told Patty Kim that House Republicans haven’t had the “time” to come up with a proposal to raise the wage from $7.25 to $15/hr. PA House Dems looking to do an end around Daryl Metcalf to get Wolf’s Restore Pennsylvania infrastructure plan out of committee and to the House floor for a full vote. PA Republicans refuse to support funding for updating all of PA’s voting machines before the 2020 election. Gov. Wolf has pushed for a $15 million plan to update all voting machines, but Republicans won’t include it in the budget.  Last year Wolf began pushing for voting machines with paper backups following new reports showing new Russian attempts to interview with our elections. A year old black bear made its way into Midtown, Harrisburg and into an oak tree.  The bear quickly became a learning opportunity for all of the neighbors when the local game warden allowed everyone to see the bear up close when it was sedated. Eric Blanc, author of Red State Revolt: The Teachers’ Strike Wave and Working-Class Politics, was just in Harrisburg and will be in Bethlehem on Monday to talk about his book and discuss working class politics. The event is sponsored by the DSA of the Lehigh Valley and will take place from 6:30 to 8:00 pm at Color Me Mine at 25 E. 3rd Street in Bethlehem. Details HERE. Trump dumps on NASA’s moon plans. He tweeted:   “For all of the money we are spending, NASA should NOT be talking about going to the Moon - We did that 50 years ago. They should be focused on the much bigger things we are doing, including Mars (of which the Moon is a part), Defense and Science!” Could it have anything to do with Chinese space initiatives and the current trade war? I wonder. NASA administrator and Trump appointee Jim Bridenstine, says nothing has changed with their plans to land on the moon in 2024.   NASA spots Star Fleet logo embedded in Martian dune. Sean got his car inspected. Fer realz. If you’re looking for a good beer for Father’s Day this Sunday and you are in the Kutztown area, I don’t know how you can resist picking up a couple 4 packs of Dad Jokes from Saucony Creek. Dad Jokes is a Brut-style IPA. Here’s the description from the brewery: Dad Jokes “makes you think you're getting another one of today's juicy sweet IPA's but engages your palate with a clean, refreshing, bone-dry finish. Late additions of Amarillo and Motueka lend juicy tropical flavors with balanced hop bitterness.” While you’re there ask about their annual July 4th Pig Roast from 11:00 am till 7:00 pm. Tickets are $25, which includes slow roasted pork and choice of great sides including Mac & Cheese, coleslaw, corn on the cob, baked beans, roasted potatoes, and watermelon salad Live Music from Nick Cerniglia from 4-7PM.

Karen Leigh, Bloomberg China Government Editor, explains what sets the current protests in Hong Kong apart from previous demonstrations. Gideon Rose, Foreign Affairs Magazine Editor, says the trends in Hong Kong's autonomy are not going in the right direction. Spencer Dale, BP Group Chief Economist & Former BOE Official, says BP needs to shift from being an oil and gas company to an energy company. Paul Tudor Jones, Founder of Tudor Investment Corporation and Robin Hood Foundation, details the concept of 'just' company rankings and how those rankings translate into stock performance. And David Herro, Harris Associates CIO of International Equities, says if the instability in Hong Kong continues to lower pricing, there could be buying opportunities.  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Karen Leigh, Bloomberg China Government Editor, explains what sets the current protests in Hong Kong apart from previous demonstrations. Gideon Rose, Foreign Affairs Magazine Editor, says the trends in Hong Kong's autonomy are not going in the right direction. Spencer Dale, BP Group Chief Economist & Former BOE Official, says BP needs to shift from being an oil and gas company to an energy company. Paul Tudor Jones, Founder of Tudor Investment Corporation and Robin Hood Foundation, details the concept of 'just' company rankings and how those rankings translate into stock performance. And David Herro, Harris Associates CIO of International Equities, says if the instability in Hong Kong continues to lower pricing, there could be buying opportunities. 

CSIS is pleased to host a presentation of the 2019 BP Energy Outlook with Spencer Dale, group chief economist of BP. The global energy system faces a challenge to provide significantly more energy while simultaneously reducing emissions.  What forces are shaping the energy transition through 2040?  The Outlook explores the forces shaping this transition through various scenarios, focusing on different sectors, regions, and fuels. Mr. Dale will present the scenarios of the Outlook, followed by a moderated conversation with Sarah Ladislaw, senior vice president and director of the CSIS Energy & National Security Program. This event is made possible by general funding to CSIS and the CSIS Energy & National Security Program.

Recently British Petroleum (BP) published the latest edition of their yearly Statistical Review of World Energy, the industry ‘bible’ of energy statistics. Earlier this year the company published their equally famous Energy Outlook. Mr. Spencer Dale, chief economist at BP, talks about the forces shaping the energy transition, the Paris Agreement climate goals and the ‘Sophie's choice’ between emissions and poverty.

Spencer Dale, the former chief economist at the Bank of England who now holds the same position at energy giant BP, is our main guest this week. He looks into Europe’s energy future and discusses the dangers of groupthink in both his current and former jobs. To set the scene, POLITICO reporter Kalina Oroschakoff sketches out the controversies around the EU's energy policies. Ryan Heath hosts the podcast from Washington and links up with regular panelists, Lina Aburous and Alva Finn, to talk about Emmanuel Macron’s visit to the U.S. capital, the political theater over a speck of dandruff, Britain’s migration bungles, and a heartwarming story that links Europe and Australia. We also have — for a change — a positive Dear POLITICO dilemma.

As the energy landscape continues to transform--from the rapid growth rates of low-carbon fuels to questions about the future of oil demand to a more integrated global gas market--it is important to understand the trends and developments driving this change. The Center on Global Energy Policy hosted a presentation on BP's Statistical Review of World Energy 2017 with Spencer Dale, Group Chief Economist. After the presentation, CGEP Director Jason Bordoff moderated a conversation where Mr. Dale was joined by Antoine Halff, Sr. Research Scholar at the Center on Global Energy Policy, and Amy Myers Jaffe, Executive Director of Energy and Sustainability at the UC Davis Graduate School of Management.

Capitol Crude looks at whether the landmark crude oil supply cut agreement between OPEC and non-OPEC producers may be undermined by growth of US shale oil supply.Spencer Dale, BP’s group chief economist, and Lynn Helms, North Dakota’s top oil and gas regulator, talk to senior oil...

Speakers: Laurence Boone, Managing Director and Head of Developed Europe Economics, Bank of America Merrill Lynch Global Research Jason Cummins, Head of Research and Chief U.S. Economist, Brevan Howard Inc. Spencer Dale, Executive Director and Chief Economist, Bank of England Brian Sack, Senior Vice President and Co-Director of Global Economics, D.E. Shaw Group Moderator: David Zervos, Managing Director and Chief Market Strategist, Jefferies LLC. Rattled by prospects of the Federal Reserve "tapering" its unconventional stimulus, and happy that it hasn't, investors are wondering what changes to expect from monetary policy around the world. Most observers believe that the European Central Bank and Bank of England will leave key interest rates as they are for several years. But could a more-rapid-than-anticipated tapering by the Fed change this outlook? The uncertainty for Japan - which continues to move full speed ahead with Abenomics and its own brand of quantitative easing - is whether an unexpected turn in the economy might derail this policy. As for emerging markets, many have been rocked by a sudden shift in capital flows as Fed policy helped draw cash back to the core regions. And there is concern that monetary policy might need to be tightened because of continuing currency depreciation. Will central bankers launch the global economy into the much-discussed but elusive escape velocity, or are we set for an even more anemic version of the "new normal"?