The world is facing the dual challenge of providing access to affordable and reliable energy for improving our quality of life, while also reducing greenhouse gas emissions from the global energy system with a sense of fierce urgency. This will require a major transformation of the global energy system, a sector worth more than $10 trillion per year. This dual challenge also offers the biggest opportunity of the 21st century. How businesses, nations, researchers and civic organizations seize this opportunity will impact not just our environment, but the global economy and national security.
The magnitude, speed and the nature of this energy transition is unique and unprecedented. Looking back in time for historic lessons will not guarantee future success. Solving the energy challenge will require innovations across science, engineering, business, law, finance and human behavior. To explore, understand and appreciate these innovations, we launched the inaugural Stanford Global Energy Forum in 2018.
We hope that you will join us for the online Global Energy Dialogues and the live Stanford Global Energy Forums so that our current and future leaders can together explore, understand and help shape the future of energy. Read all.
The Vail Global Energy Forum, a vision of founder Jay Precourt, was started in 2011 with the goal of advancing the public understanding of global energy via fact-based balanced dialogue. Each year, over 300 stakeholders convened in Colorado where, in later years, the forum focused on North America as a rising power in energy. The Global Energy Forum moved to its permanent home at Stanford University in the Fall of 2018 where it explored the rapidly changing worldwide energy ecosystem and address the implications of these changes.