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The world needs to transition to a low-carbon energy system. What form will this transition take and what factors might help to accelerate it? The Outlook explores the forces shaping the transition through scenarios that focus on different sectors, regions and energy sources.

Bernard Looney, chief executive officer, and Spencer Dale, group chief economist, will launch the report.  Location Central London.

Spencer will be joined by Professor Stephen W. Pacala of Princeton University and Sarah Breeden of Bank of England for a panel discussion following this year’s presentation.


Download the 2020 Outlook here



Spencer Dale



Spencer Dale manages BP’s global economics team, providing economic input into the firm’s commercial decisions. He joined BP as group chief economist in October 2014. Prior to that, he was executive director for financial stability at the Bank of England and a member of the 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 joined the Bank of England in 1989 and served in numerous roles, including private secretary to Mervyn King and head of economic forecasting. Spencer served as a senior advisor at the US Federal Reserve Board of Governors between 2006 and 2008

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