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Inside AED The Future of Affordable Energy: Straight Talk from an Energy Insider AED Summit keynote speaker John Hofmeister offers new solutions to bring about investment in energy infrastructure. John Hofmeister Built for 200 million people, the current U.S. energy infrastructure is now supporting 300 million people. Out of date and in need of rebuilding, existing systems are in need of solutions now, according to this year's Summit keynote speaker John Hofmeister, former president of Shell Oil, author, and founder of the not-for-profit organization Citizens for Affordable Energy. Hofmeister will discuss viable solutions and the path for reaching them. Having worked in energy-related industries for 35 years, he will assess U.S. energy policy from an insider's perspective. How will we avoid impending lines at the gas pump and recurring blackouts? "For us to succeed in the 21st century we need every form of energy including coal, oil, wind, nuclear, natural gas, solar, biofuels, hydropower, geothermal and hydrogen. We can't keep the lights on by 2040 if we don't seriously transform the existing system," said Hofmeister. Improving infrastructure and applying new alternatives for moving energy from producers to consumers is vast in scope. But Hofmeister believes educating citizens, business leaders and politi- cians with real data and a can-do determination will move the mountains. "We are living on the cusp of unprecedented prosperity," said Hofmeister. "The capital investment to rebuild the U.S. energy system for the 21st century will require not billions but trillions of dollars over the next 20 or 30 years." The money will come from private investors. "Money can be shifted over to invest in the kinds of projects needed to rebuild the energy system," explained Hofmeister. Through his organization, he wants to share information on the reality we face in a nonpartisan, nonpolitical way. He believes a citizen democ- racy is strong when real data invigorates people to act on what they know. Why not let the market determine what the best fuels are based on economics? Oil's status as a strategic commodity stems from its virtual monopoly over transportation fuel. How can the market provide viable choices that are afford- able, efficient and sustainable for the short- and long-term future? He doesn't think the answers will come from politicians. "The problem is that government has taken over the industry's ability to do what the market needs." A better plan can come through grass roots engagement. With the energy industry being a lubricant to the economy, everyone is vested. An open fuel standard can create new markets and jobs when people understand its benefit and are galvanized to act. Attend AED Summit to learn more about Hofmeister's practical, easy-to- understand advice on all forms of energy, and solutions you wouldn't expect from a former oil executive. Visit www.aedsummit.com. Proposed New Members TVH Parts Company Olathe, KS CNH Capital Insurance Agency, Inc. New York, NY This list is published each month as required by AED bylaws. Comments on the applicants should be directed to AED President Toby Mack at 800-388-0650 ext. 326 or jtm@aednet.org. 8 | www.cedmag.com | Construction Equipment Distribution | October 2012 Summit Schedule Tuesday, Jan. 15 7 a.m. - Evening • Hospitality Suites Noon - 5 p.m. • Registration 8:30 - 10:30 p.m. • The AED Founda- tion's Cabaret Night Benefit (separate ticket required) Wednesday, Jan. 16 7:15 - 8 a.m. • Continental Breakfast 8 - 10 a.m. • Welcome/General Session 10 a.m. - 3 p.m. • CONDEX 10:30 - 10:45 a.m. • CONDEX Centerstage* 11:30 - 11:45 a.m. • CONDEX Centerstage Noon - 1 p.m. • Lunch in CONDEX 10 a.m. - 5:30 p.m. • Hospitality Suites 12:15 - 1 p.m. • CONDEX Centerstage 1:30 - 1:45 p.m. • CONDEX Centerstage 2:15 - 2:30 p.m. • CONDEX Centerstage 3 - 5:15 p.m. • Concurrent Seminars 5:30 - 7 p.m. • Welcome Party Wednesday, Jan. 16 6 - 7 a.m. • 1st Source Bank Fun Run 8 - 10 a.m. • Chairman's Inaugural Breakfast 10 a.m. - 6 p.m. • Hospitality Suites 10 a.m. - 2 p.m. • CONDEX 10:30 - 10:45 a.m. CONDEX Centerstage 11:30 - 11:45 a.m. CONDEX Centerstage Noon - 1 p.m. • CONDEX Centerstage 1:15 - 1:30 p.m. • CONDEX Centerstage 2 - 3:15 p.m. • Economic Keynote 3:30 - 5 p.m. • Concurrent Seminars 6 - 9 p.m. • AED's Viva Las Vegas Party featuring the Ritchie Bros. Reception and Live Auction, plus live music (Frank & Dave) and the MTU Ice Cream Parlor *New for 2013 - CONDEX Centerstage is a new, short educational venue where you can get up close and personal with 2013 Summit speakers. Attendees can take advantage of bonus content and preview the afternoon sessions without leaving the CONDEX floor..