The End of Fossil Fuels...But Not for a Long Time
Reunion College session presented by Kit Smith ’63, P.’90
Millions of dollars have been spent developing alternative energy capacity, both in the US and around the world, but wind and solar still only provide a small percent of the energy we consume. There are valid reasons for this including financial ones but also involving the laws of physics. Major scientific breakthroughs will be required before alternative energy will be able to replace fossil fuels entirely.
About the Presenter:
Kit Smith majored in history at Colgate and then attended Harvard Business School where he received an MBA, concentrating in Finance. Following graduation from Harvard he entered the investment profession, working first at Mellon Bank and then at GE Asset Management. During his investment career he analyzed numerous industries, but came to specialize in energy, first as an analyst and then as a portfolio manager. He retired from GEam in 2005 and became an adjunct professor at the University of Connecticut, in the MBA program, where he has taught courses on value investing and energy. His course "The Global Economics of Energy" remains one of the most popular second year electives in the school.
Saturday, June 2 at 9:00am
Alumni Hall, 111