G8 Camp David Summit:
Projected Discussions and Outcomes
on Energy and Climate Change
John Kirton and Caroline Bracht, G8 Research Group
May 19, 2012
See also Schedule and Agenda
Below are key components of the discussions and probable outcomes of the session on energy and climate change on Saturday, May 19, 2012, at the Camp David Summit.
State of the Global Oil Market
Discussions
continued monitoring of the state of oil markets
use of strategic petroleum reserves (possible)
impact of Iranian sanctions on world oil market
contingency plan to calm oil markets as a result of a confrontation with Iran (possible)
Outcomes
Energy Development/Efficiency/Security
Discussions
US President’s all-of-the-above strategy for energy production and development
expanding production across a number of sources including deep water drilling, natural gas, and nuclear
improving energy efficiency and security while addressing climate change
low carbon and energy efficiency targets (possible)
urban platforms (possible)
2015 deadline for post-Kyoto regime (possible)
green growth to create jobs (possible)
Outcomes
Climate Change
Discussions
global climate action
improving energy efficiency in an environmentally sustainable way
impact of climate change on food security (possible)