TEL AVIV--(BUSINESS WIRE)--Bloomberg announced today that it will partner with the State of Israel Prime Minister’s Office to host the Bloomberg Fuel Choices Summit in Tel Aviv on November 12 and 13 to discuss the future of transportation and recent innovations that have the potential to change the course of the global dependence on oil.
With oil as a major cause for political and economic instability around the world, and with carbon emissions undermining global efforts to contain rising temperatures, the government of Israel has pledged a bold goal to reduce the use of oil for transportation by 60 percent by 2025. The Prime Minister will deliver an address at the Summit about the country’s vision for eliminating a dependence on oil.
"We are pleased to welcome leaders from around the world to the first annual Fuel Choices Summit which will be devoted to the innovations in fuel choice and energy security," said Benjamin Netanyahu, Prime Minister of Israel. "The Summit's participants will be introduced to cutting-edge developments from over 100 companies, start-ups and corporations, that conduct advanced R&D here in Israel."
The two-day Summit, to be held at Habima National Theatre, will bring together policy makers, financiers, business leaders and innovators from around the world for a discussion on new business models, coalitions and policy decisions to reduce oil consumption. Speakers at the Summit will address countries’ plans to implement new transportation models; obstacles to embracing oil alternatives and opportunities for investment; and energy companies’ long view for the alternative fuels industry. They will also debate frontiers in biofuels, synthetic fuels, natural gas and electric car technologies.
“The transportation industry is on the cusp of a transformation with increasing attention being paid to alternative fuels and new technologies,” said Robert Bierman, head of Bloomberg LINK. “Our Summit will explore the factors driving billion-dollar investment decisions around fuel choices and what opportunities lay ahead."
An evening event will be held at the Hilton Tel Aviv to award the 2013 Eric and Sheila Samson Prime Minister's Prize for Innovation in Alternative Fuels for Transportation. The US $1 million prize – the largest prize in the world in the field of alternative fuels – will be awarded to Professor George A. Olah and Professor G.K. Surya Prakash from the University of Southern California, for their work on methanol economy. This presentation marks the inaugural award to encourage global innovation and scientific breakthroughs in the field of alternative transportation fuels.
In addition to Prime Minister Netanyahu, other key speakers include:
- Neil Z. Auerbach, Managing Partner and CEO, Hudson Clean Energy Partners
- Doug Berven, Vice President of Corporate Affairs, POET
- Wang Chuanfu, Chairman, BYD
- Gen. Wesley Clark, Retired General, United States Army; Former NATO Supreme Allied Commander in Europe
- Mario Garnero, Chairman, Brasilinvest Group
- Michael D. Jackson, Director of Research, Fuel Freedom Foundation
- Prof. Eugene Kandel, Director, National Economic Council, Prime Minister’s Office, Israel
- Hon. Linda Lingle, Former Governor, Hawaii; Member, US Energy Security Council
- Gal Luft, Co-Director, Institute for the Analysis of Global Security (IAGS)
- Mike Lynch, Managing Director, Green Innovation NASCAR
- Héctor Moreira, Board Member, Petróleos Mexicanos (PEMEX)
- Jacob Perry, Minister of Science, Technology and Space, Israel
- Didier Reynders, Deputy Prime Minister and Minister of Foreign Affairs, Belgium
- Gov. Bill Richardson, Former Governor, New Mexico; Former Secretary of Energy, United States
- Prof. Carlo Rubbia, Nobel Laureate in Physics
- Silvan Shalom, Minister of National Infrastructures Energy and Water Resources, Israel
- Dr. Veit Steinle, Ministry of Transportation, Germany
- Terry Tamminen, Seventh Generation Advisors, Former Secretary, California Environmental Protection Agency
- Alan Taub, former VP Global Research and Development, General Motors
Keren Hayesod, Fuel Choices Initiative and the Ministry of Science, Technology and Space are also sponsoring the Summit.
For more information on the program and speakers, please visit: http://www.bloomberglink.com/event/fuelchoices/
Follow us on Facebook, LinkedIn and Twitter (@BBGLINK). The hashtag for this event is #BBGFUELS.
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About Bloomberg LINK
Bloomberg LINK, the executive conference arm of Bloomberg LP, leverages the resources of a global news and information organization to convene events that break news and generate content in live and digital forums. The LINK portfolio focuses on business, technology, finance and world affairs. Since its creation in 2009, LINK has hosted more than 140 events in 14 countries. For more information, please visit www.bloomberglink.com, on the Bloomberg Professional service at LINK <GO> or via Twitter @BBGLink.
About Bloomberg
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Professional service, which provides real time financial information to more than 315,000 subscribers globally. Bloomberg’s enterprise solutions build on the company’s core strength, leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. Through Bloomberg Law, Bloomberg Government, Bloomberg New Energy Finance and Bloomberg BNA, the company provides data, news and analytics to decision makers in industries beyond finance. And Bloomberg News, delivered through the Bloomberg Professional service, television, radio, mobile, the Internet and three magazines, Bloomberg Businessweek, Bloomberg Markets and Bloomberg Pursuits, covers the world with more than 2,400 news and multimedia professionals at more than 150 bureaus in 73 countries. Headquartered in New York, Bloomberg employs more than 15,000 people in 192 locations around the world.
