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PRESS RELEASE / ANNOUNCEMENTS Wednesday, April 10, 2013

California Energy Action Summit on April 12

On Friday, April 12, top policy experts and economists will convene at the California Energy Action Summit (CEAS) to ask the hard questions and find real solutions for energy issues that directly impact the state and Santa Barbara County.


Hosted by the Economic Alliance of Northern Santa Barbara County (EconNSBC), CEAS brings together national energy experts, policy makers, academic economists and regional leaders, from both sides of the debate, in a focused dialogue about the role of new alternative energy technologies and onshore oil and gas opportunities, and their imprint on the future economic well-being of the county and the state.

Kicking off the Summit is former U.S. Deputy Secretary of Energy under President Clinton, Bill White, with a keynote overview of “Sustainable and Responsible Oil and Gas Development.” As the Department’s chief operating officer, Mr. White successfully promoted the use of new technologies for oil and gas exploration, the development of alternative forms of energy and the diversification of the world’s oil supply.

A highlight of CEAS is USC’s highly anticipated, “Powering California: The Monterey Shale and California’s Economic Future,” a new study by leading academic economists that examines the role that development of oil from Monterey Shale can play in job creation, economic activity, personal incomes and government tax revenues over the next 15 years. With a focus on Santa Barbara County’s energy and economic challenges, the University of California, Santa Barbara, Department of Economics Chair and Director of the UCSB Economic Forecast Project, Dr. Peter Rupert, will present the results of their new Santa Barbara County Onshore Oil and Gas Economic Study.

California Assemblymember, Dr. Shirley Weber, (D-San Diego) will share her political insights on “The Changing Environment in Sacramento” for the luncheon keynote. And, both panel discussions explore the use of alternative energy resources in the state: “Emerging Energy Sources: Efficiencies, Renewables and Alternative Fuels” and “The Greening of the Oil Patch.”

Magician and mentalist, Rich Ferguson, will host the full day event that takes place at the Santa Ynez Valley Marriott in Buellton, CA, beginning at 8:00 a.m. A sponsored cocktail reception will culminate the Summit from 5:00-6:15 p.m. Visit here for more information.

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