Bipartisan Policy Center to Release Timely Paper on the Economic Risks of Inaction Against a Nuclear Iran

Iran Task Force Illustrates Five Possible Scenarios That Could Impact Global Oil Prices and U.S. Economy

WASHINGTON, Oct. 5, 2012 /PRNewswire-USNewswire/ -- Today, there is broad bipartisan support—among both presidential candidates, U.S. policymakers, and across the country—for preventing a nuclear Iran. Over the past year, a public debate has taken shape around the economic risks posed by preventing a nuclear Iran, whether through tough sanctions or military action against Iran's nuclear facilities. However, the Bipartisan Policy Center (BPC) believes that inaction, too, exposes the U.S. to economic risks.

Next Wednesday, October 10, 2012, BPC's Foreign Policy Project (FPP) will hold a timely discussion on its new paper on Iran: The Price of Inaction: An Analysis of Energy and Economic Effects of a Nuclear Iran. The paper will describe five possible scenarios that could impact global oil prices and affect the U.S. economy if there was a nuclear Iran. It was developed by a bipartisan task force comprised of former elected leaders, policymakers, military officials, energy analysts and economists, including Ambassador Dennis Ross, economist Dr. Daniel Ahn and is co-chaired by Senator Charles Robb and General (ret.) Charles Wald.

Earlier this year, BPC released its fourth report on Iran that calls for a robust and comprehensive triple-track strategy towards the country, involving the simultaneous pursuit of diplomacy, sanctions, and visible credible preparations for a military option of last resort. To read more about the BPC's Iran reports go to:

WHO: Charles Robb, Former Governor and U.S. Senator (D-VA); Co-Chair, Iran Task Force
Ambassador Dennis Ross, Counselor, The Washington Institute; Member, BPC Iran Task Force
Steve Rademaker, Member, BPC Iran Task Force; Principal, Podesta Group
Dr. Daniel Ahn, Chief Commodities Economist, Citigroup; Member, BPC Iran Task Force
Dr. Michael Makovsky, Director, BPC Foreign Policy Project

WHAT: BPC policy discussion on the release of its new paper: The Price of Inaction: An Analysis of Energy and Economic Effects of a Nuclear Iran

WHEN: Wednesday, October 10, 2012
10:00 AM – 11:00 AM

WHERE: Bipartisan Policy Center
1225 Eye Street NW, Suite 1000
Washington, DC 20005

About the Bipartisan Policy Center
Founded in 2007 by former U.S. Senate Majority Leaders Howard Baker, Tom Daschle, Bob Dole, and George Mitchell, Bipartisan Policy Center (BPC) is a non-profit organization that drives principled solutions through rigorous analysis, reasoned negotiation and respectful dialogue. With projects in multiple issue areas, BPC combines politically balanced policymaking with strong, proactive advocacy and outreach.

SOURCE Bipartisan Policy Center