Energy is a metaphor for the future economic mobility of the world. Deep changes are coming. Energy is mission-essential to the growth, social stability and security of all nations. Oil overdependence and petro-fuel decline offer the world an incentive towards the discovery of renewable energy.
- Global demand for energy in the near future will outpace supply within twenty-five years unless new sources are found to support global growth.
- Energy terrorism and theft will become a future weapon of choice, threatening global peace and security.
- Energy, being linked to all vital services such as health, food, transportation and commerce will be a key driver of future global business.
- Clean, renewable energy sources such as solar, hydrogen and wind will be essential for future productivity.
- Oil-dominated energy is politically and economically unsustainable as a reliable source of fuel for the future. Although oil reserves are in supply decline and increasingly costly, oil will continue to play an important role in the 21st century.
- GDP, growth and productivity will decline if new and cost-effective non-oil energy sources are not found fast to protect future growth and prosperity, and to help rebalance the future of the world.
- New sources of renewable abundant and cost-effective energy must be fast developed within 20-30 years to manage the population’s expectations of enhanced quality of life worldwide.
- Carbon based pollution, from fossil fuels, will be linked to a growing number of future public health risks.
- Energy security will be one of the chief concerns in the 21st century leading to global competition, conflict and the collaboration of nations and corporations.
- Exciting new energy frontiers are emerging such as nanotechnology which will offer promising alternatives to traditional sources of energy in the future.