About the AuthorDr. Michael LaBelle is an associate professor at Central European University. He holds a joint appointment between the Department of Environmental Sciences and Policy and the Department of Economics and Business. He founded the MyEnergy2050 website to change how we communicate and implement the energy transition.
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By Michael LaBelle — 2 months ago
This week we speak with Adam Czyzewski, the chief economist at PKN Orlen. I’ll describe PKN Orlen as a diversifying oil and gas firm.
I got the opportunity to sit down with Adam while I was in Warsaw and I’m extremely grateful for his time and his willingness to share his thoughts on the energy transition. It is possible that some listeners may object to my conversational style sit-down with a representative of the oil and gas world. I remember a conference I attended in 2019 when the Chief Economist for Equinor got not only a frosty reception but a hostile reception from the academic and policy audience at a conference on ‘Beyond Oil’.
My approach to understanding and assisting in the energy transition is to listen to a range of opinions. In this interview, you’ll learn that Adam – before he joined PKN Orlen 12 years ago, was an outsider himself. He shares his perspective and questioning of the sustainability around not just fossil fuels but global consumption of energy and materials. Even, as he points out – that plastic turned out to be too cheap and good for a consumer society. Nonetheless, the lightweight and durable properties of plastic make it useful for the energy transition.
Adam provides a pivotal acknowledgment and voice that says, yes, our present consumption patterns are not environmentally sustainable – but he also outlines how an oil and gas firm CAN make the transition to be carbon neutral by 2050. This seems unbelievable from an oil and gas firm. At least, I was highly skeptical before speaking to him. But as you’ll hear, more than what I thought, could actually be achievable. Particularly, when you consider how the firm is diversifying into wind farms and investing in developing new technologies.
Depending on where you live and your background, you may be dismissive of what can we learn from a Polish oil and gas firm. As dedicated as the Polish government appears to be towards coal, it is important to understand the world, technology and firms are changing regardless of what is in the headlines. It may be a question of how fast we make the transition, or can we really believe fossil fuel firms will get rid of their fossil fuels? These are points for arguments. But at least from this interview, you’ll gain an understanding of the market forces at work that keep fossil fuels as petrochemical feedstocks in the near – if not distant – future.
One of the reasons I wanted to start a podcast was to share some of the interviews I have with experts while doing research. I’ve interviewed Adam in the past and I always found him very knowledgeable and holding a broad view of energy markets. In this episode, you’ll get more than an insight into the workings of oil and gas markets. You’ll get a thoughtful discussion on where companies are heading as they lower their carbon outputs and invest more into lower or zero-carbon technologies.
By Michael LaBelle — 3 months ago
This week we speak with Miroslav Lopour, he is a Senior Manager of the Energy and Resources team at Deloitte Czech Republic.
We have a wide-ranging discussion about how the Czech Republic is preparing for the energy transition. What you’ll learn from our conversation is a unique perspective on the EU’s Eastern Member States. I found Miroslav has the ability to express in a precise manner both the social and political resistance and reluctance to participate in an energy transition. As you’ll hear in our discussion about the coming electric car revolution, Miroslav articulates why there is reluctance in the country, to move away from the internal combustion engine, and even coal.
He discusses an inherent conservatism in former communist countries which makes politicians and society reluctant to fully participate in a clean energy transition. I think our conversation provides an in-depth understanding of this reluctance to change, not just in the Czech Republic but in the broader region of Eastern Europe.
If I can think of one reason you should listen to our discussion today, it is to understand why certain countries are slow on the uptake and deployment of policies and technologies that deliver a clean energy. There is justifications for why countries move slow. Understanding the reasons can assist in developing policies and help us all transition to a cleaner future – not just a few countries.
As I mentioned we discuss a range of topics, but threaded through our conversation is the difficulty to change industry and technologies. Regardless of the reluctance, as Miroslav points out, the money from the EU is here – and ready to fund the transition. Therefore the Czech Republic is about to ramp up their activities and join the transition.
I think our conversation is an important milestone. We need to revisit the expectations expressed in this interview in a few years. Let’s see if what the EU is promising in retooling industry and assisting people and regions, to move away from coal, does have a positive impact.