ut energy poll wave 2, april 10, 2012

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Wave 2 Conducted March 2012

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Presentation slides from press conference on 4-10-12 announcing the results of Wave 2 of the University of Texas at Austin Energy Poll, conducted by the Energy Management and Innovation Center. Poll conducted March 2012. Presenter: Dr. Wayne Hoyer, chair of the marketing department at McCombs School of Business.

TRANSCRIPT

Page 1: UT Energy Poll Wave 2, April 10, 2012

Wave 2Conducted March 2012

Page 2: UT Energy Poll Wave 2, April 10, 2012

Page 2Source: University of Texas at Austin Energy Poll, March 2012

Background• Questionnaire developed in 2010•Collaborative effort with representatives from academia, polling companies, non-governmental organizations, energy producers and energy consumers• Inaugural launch was in Oct. 2011 in Washington D.C.

Wave 2• Online survey conducted March 5-16, 2012• 2,371 respondents, weighted to reflect U.S. Census demographics

General Topics• Energy prices and availability• Energy concerns• Satisfaction with government• Consumer behaviors and voting preferences

The Energy Poll

Page 3: UT Energy Poll Wave 2, April 10, 2012

Page 3Source: University of Texas at Austin Energy Poll, March 2012

• Importance of Energy to Consumers

• Views on Domestic Energy Production

• Environmental Focus

• Satisfaction with Addressing Energy Issues

• Hydraulic Fracturing Results

Wave 2 summary of findings

Page 4: UT Energy Poll Wave 2, April 10, 2012

Page 4Source: University of Texas at Austin Energy Poll, March 2012

• Importance of Energy to Consumers

• Views on Domestic Energy Production

• Environmental Focus

• Satisfaction with Addressing Energy Issues

• Hydraulic Fracturing Results

Wave 2 summary of findings

Page 5: UT Energy Poll Wave 2, April 10, 2012

Page 5Source: University of Texas at Austin Energy Poll, March 2012

65% of respondents think energy issues are important

Not Important: 9.1% Important: 65.4%

Page 6: UT Energy Poll Wave 2, April 10, 2012

Page 6Source: University of Texas at Austin Energy Poll, March 2012

18% think we are headed in the right direction

Wrong Direction: 45%

Wrong Direction: 43.2%

Right Direction: 18%

Right Direction: 13.7%

Page 7: UT Energy Poll Wave 2, April 10, 2012

Page 7Source: University of Texas at Austin Energy Poll, March 2012

27% expect things will improve

Worse Off: 41.3%

Worse Off: 39.3%

Better Off: 22.5%

Better Off: 26.9%

Page 8: UT Energy Poll Wave 2, April 10, 2012

Page 8Source: University of Texas at Austin Energy Poll, March 2012

Cost of gasoline tops energy concerns

%

Page 9: UT Energy Poll Wave 2, April 10, 2012

Page 9Source: University of Texas at Austin Energy Poll, March 2012

Energy prices are high today

%

Page 10: UT Energy Poll Wave 2, April 10, 2012

Page 10Source: University of Texas at Austin Energy Poll, March 2012

Energy prices expected to increase

%

Page 11: UT Energy Poll Wave 2, April 10, 2012

Page 11Source: University of Texas at Austin Energy Poll, March 2012

Household spending on energy expected to increase

Decrease: 5.1% Increase: 69.1%

Decrease: 3.7% Increase: 76%

Page 12: UT Energy Poll Wave 2, April 10, 2012

Page 12Source: University of Texas at Austin Energy Poll, March 2012

• Importance of Energy to Consumers

• Views on Domestic Energy Production

• Environmental Focus

• Satisfaction with Addressing Energy Issues

• Hydraulic Fracturing Results

Wave 2 summary of findings

Page 13: UT Energy Poll Wave 2, April 10, 2012

Page 13Source: University of Texas at Austin Energy Poll, March 2012

If you were to vote in the next election in 2012, would you be more likely or less likely to vote for a presidential candidate who supports each of the following?

%

Energy issues influence voting behavior

Page 14: UT Energy Poll Wave 2, April 10, 2012

Page 14Source: University of Texas at Austin Energy Poll, March 2012

• Importance of Energy to Consumers

• Views on Domestic Energy Production

• Environmental Focus

• Satisfaction with Addressing Energy Issues

• Hydraulic Fracturing Results

Wave 2 summary of findings

Page 15: UT Energy Poll Wave 2, April 10, 2012

Page 15Source: University of Texas at Austin Energy Poll, March 2012

Economic growth outweighs environmental protection

Avoiding Harm to the Environment: 30.3% Economic Growth: 41.9%

Page 16: UT Energy Poll Wave 2, April 10, 2012

Page 16Source: University of Texas at Austin Energy Poll, March 2012

Decline in willingness to pay to protect environment

Page 17: UT Energy Poll Wave 2, April 10, 2012

Page 17Source: University of Texas at Austin Energy Poll, March 2012

Decline in self-reported environmentalists across political affiliation

Page 18: UT Energy Poll Wave 2, April 10, 2012

Page 18Source: University of Texas at Austin Energy Poll, March 2012

Financial motivation is largest driver of environmental concern

%

Page 19: UT Energy Poll Wave 2, April 10, 2012

Page 19Source: University of Texas at Austin Energy Poll, March 2012

65% of respondents believe global climate change is occurring

Wave 2 Base: 2371All results based on weighted data

Is occurring65%

Page 20: UT Energy Poll Wave 2, April 10, 2012

Page 20Source: University of Texas at Austin Energy Poll, March 2012

Factors contributing to climate change

%

Page 21: UT Energy Poll Wave 2, April 10, 2012

Page 21Source: University of Texas at Austin Energy Poll, March 2012

• Continued concern over high energy prices, especially gasoline

• Poor economy and focus on job creation

• Political campaigns: energy/gasoline prices are hot topics

• International events: Iran

• Keystone pipeline/shale gas development

What might be causing these trends?

Page 22: UT Energy Poll Wave 2, April 10, 2012

Page 22Source: University of Texas at Austin Energy Poll, March 2012

• Importance of Energy to Consumers

• Views on Domestic Energy Production

• Environmental Focus

• Satisfaction with Addressing Energy Issues

• Hydraulic Fracturing Results

Wave 2 summary of findings

Page 23: UT Energy Poll Wave 2, April 10, 2012

5131313141415161616171818

2121

23242525

27272829

3447

684847

5543

2336

4225

2143

2728

3116

212524

2250

2319

2617

9

The US Congress

Your state government

US Department of Energy (e.g., EIA)

Oil and gas companies

Large US companies

Natural Resources Defense Council

Energy investors

US Environmental Protection Agency

Environmental Defense Fund

The Sierra Club

Your local government

Nuclear energy industry

Coal industry

Energy entrepreneurs

Hydroelectric industry

The Nature Conservancy

Greenpeace

Renewable energy companies

Research institutes / think tanks

President Barack Obama

Universities

Small US companies

Your electric provider

Engineers and scientists

You / Your Household

Room for improvement in address energy issues

Satisfied % (Top 2 Box)Dissatisfied % (Bot 2 Box)

Page 23Source: University of Texas at Austin Energy Poll, March 2012

Page 24: UT Energy Poll Wave 2, April 10, 2012

Page 24Source: University of Texas at Austin Energy Poll, March 2012

Government should do more to address energy needs

Trying to Do Too Many Things: 25.2%

Should Do More: 56.7%

Trying to Do Too Many Things: 23.7%

Should Do More: 56.9%

Page 25: UT Energy Poll Wave 2, April 10, 2012

Page 25Source: University of Texas at Austin Energy Poll, March 2012

Looking ahead over the next five years or so, how do you think U.S. energy policy will affect your choices for more affordable and clean energy?

Reduce Choices: 20.6% Improve Choices: 41.3%

41% expect improved choices within 5 years

Page 26: UT Energy Poll Wave 2, April 10, 2012

Page 26Source: University of Texas at Austin Energy Poll, March 2012

• Importance of Energy to Consumers

• Views on Domestic Energy Production

• Environmental Focus

• Satisfaction with Addressing Energy Issues

• Hydraulic Fracturing Results

Wave 2 summary of findings

Page 27: UT Energy Poll Wave 2, April 10, 2012

Page 27Source: University of Texas at Austin Energy Poll, March 2012

TX

OK

KSCO

WYOH

PA

NY

LA

How familiar are you with the term 'hydraulic fracturing' (sometimes referred to as 'fracking')?

Familiarity with hydraulic fracturing

U.S.

Page 28: UT Energy Poll Wave 2, April 10, 2012

Page 28Source: University of Texas at Austin Energy Poll, March 2012

TX

OK

KSCO

WYOH

PA

NY

LA

Based on what you know or have heard, please indicate the degree to which you support or oppose the use of hydraulic fracturing in the extraction of fossil fuels.

Hydraulic fracturing: support and opposition

U.S.

* Results from 752 respondents who indicated familiarity with hydraulic fracturing

Page 29: UT Energy Poll Wave 2, April 10, 2012

Page 29Source: University of Texas at Austin Energy Poll, March 2012

TX

OK

KSCO

WYOH

PA

NY

LA

How important is it to you that regulations be put in place to require companies to disclose the specific chemicals used in their hydraulic fracturing fluids?

Need to require disclosure of hydraulic fracturing chemicals

U.S.

* Results from 752 respondents who indicated familiarity with hydraulic fracturing

Page 30: UT Energy Poll Wave 2, April 10, 2012

Page 30Source: University of Texas at Austin Energy Poll, March 2012

Attitudes towards hydraulic fracturing regulation

%

Sufficient: 52%

* Results from 752 respondents who indicated familiarity with hydraulic fracturing

Page 31: UT Energy Poll Wave 2, April 10, 2012

Page 31Source: University of Texas at Austin Energy Poll, March 2012

Wave 2Conducted March 2012