Former Shell Upstream Americas executive vice president David Lawrence has over 30 years of experience in the gas and oil industry, and currently serves as chairman of the Yale Climate and Energy Institute (YCEI) Advisory Board, Chairman of Lawrence Energy Group LLC and as Director for Stone Energy Corporation. On April 10, 2015, David Lawrence, who had worked for Shell for almost three decades led a panel on "Oil and Gas Exploration and Production in the New Price Environment" and provided a speech for the Yale Alumni in Energy (YAE) Seventh Annual Conference.
The YAE conference took place on Yale’s West Campus and served as a forum for students, faculty, and alumni to discuss energy topics and network with peers. Events on the agenda included presentations by keynote speakers, sessions on the Electricity Sector and Future Grid, and discussions regarding developments in energy law and oil’s new price environment. Guest and keynote speakers included renowned economists, key policymakers, energy industry leaders, and some of the top researchers from throughout the country.
A longtime energy professional who filled several senior executive roles for Shell Oil Company and Royal Dutch She'll and its various affiliates worldwide, David Lawrence founded and chairs the Lawrence Energy Group. Committed to energy and renewables, David Lawrence served as Shell’s executive vice president for exploration and commercial and was responsible for the company’s wind business.
The climate change debate is hampered by the fact that most people are not aware of their own carbon emissions; likewise, they often do not see any real value other than satisfaction from taking steps to reduce that footprint. David Lawrence’s Carbon Price Challenge is designed to cut carbon emissions, save energy and money, support innovation and clean energy, and support the reduction of energy poverty worldwide. It provides tools to measure the cost of emissions and the dollar value of conservation efforts.
The challenge involves, first, using one of several online calculators to determine your own annual carbon emissions in tons. Next, establish goals for reducing that footprint, preferably for both the short and the long term. For the sake of comparison, it is estimated that the average annual emissions are about 17 tons per person.
The third step is to calculate your own carbon tax based on those emissions. Although the range used by individuals and companies for this purpose is broad, $25 per ton is a reasonable amount. The average person would thus pay an annual carbon tax of about $425. The fourth step, which can also be done with the online calculators, is to develop a plan to reduce your emissions.
The next step of the challenge is to invest the self-imposed tax in clean energy solutions in one of three ways:
1. Invest directly in enterprises that make and sell products and services that reduce consumers’ carbon footprints.
2. Purchase products and services that reduce your own carbon footprint.
3. Contribute to organizations that conduct research into clean energy.
Step five calls for contributing to organizations like the Ashden Trust, SolarAid, and GRID Alternatives, which work to end what Lawrence calls energy poverty.
An energy executive, David Lawrence most recently led the exploration and commercial division at Shell Upstream Americas and served as the head of global exploration for Royal Dutch Shell. In addition to his ongoing business interests with Lawrence Energy Group, he today writes the blog Energy Perspectives, drawing on his expertise in traditional and renewable energies. The platform serves as a means for him to share his thoughts on energy and climate issues. Since establishing the blog, David Lawrence has been invited to syndicate his content through TheEnergyCollective.com.
With more than 240,000 visitors per month, TheEnergyCollective.com publishes information about energy policies, technologies, fuels, and innovations as well as climate changes that impact the industry. Website articles are written by influential leaders from around the world who have firsthand experience shaping the future of the energy industry. The website receives support from Siemens Energy and Royal Dutch Shell.
In a recent article published on TheEnergyCollective.com website, the policy director for the Idea Bank’s clean-energy team discussed the progress of America in the renewable-energy sector. As of April 2015, the United States is on track to have its cleanest year ever, according to Bloomberg New Energy Finance. This may be due in large part to tax incentives and a decline in the cost of installing solar panels and wind turbines.
Regardless, there are already contracts in place for the construction of solar and wind infrastructure that will produce 18.3 gigawatts of renewable energy in 2015. In addition, ongoing efforts to replace coal-burning power plants with natural gas plants will continue to reduce carbon emissions by half.
Utilizing decades of experience as a geologist and business leader, David Lawrence formerly held the position of executive vice president with Shell Upstream Americas in Houston with responsibilities including exploration.