This report was commissioned by the University of Tasmania in 2011 as a risk management exercise designed to mitigate against adverse impacts to the University caused by peak oil.
Using an established risk management framework, the Institute for Sensible Transport identifies appropriate responses aimed at mitigating threats and maximising resilience and business continuity in the face of significant constraints on oil supply.
This is the first report of its type – for the University of Tasmania and the tertiary sector generally. The report is also an invaluable exercise in signalling to other Tasmanian institutions the importance of oil vulnerability planning. Maximising business continuity prospects during an era of volatile oil prices and reducing supply is a prudent risk management measure with widespread relevance across the State and in tertiary education institutions around the world.
Testimonial from the University of Tasmania Project Manager, Corey Peterson:
The Institute for Sensible Transport was a critical partner in a University of Tasmania initiative to produce a world first Peak Oil Risk Assessment for a university. This effort was all the more important due to involvement of students, academic and professional staff as well as the local community organisations Peak Oil Tasmania and Sustainable Living Tasmania as a project under out award-winning Academic-Operations Sustainability Integration Program (AOSIP). Working with me as the project manager, the Institute for Sensible Transport provided the required rigour and guaranteed project delivery on a tight timeframe as well as providing independent verification of student and staff work. I can only add my support to the comments from participants that rated the Institute for Sensible Transport as a fantastic partner in this effort.