When: November 9 - 11, 2008
Where: Four Seasons Hotel Doha, Doha, Qatar
Convergence in Technology & Policy Innovation
Twenty trillion dollars. The number is staggering and demands serious attention. Twenty trillion dollars is the cumulative investment the world’s energy producers will need to spend just to keep up with global demand over the next two decades.
The deep impact of that kind of capital flow will reverberate through industrial and capital markets, and governments, everywhere. The winners among them, the heroes and the profit-makers, will be those who understand how to navigate conflicting interests and find the convergence required to attain the widely sought goal: adequate, secure energy supply in an environmentally acceptable fashion. Achieving this goal requires facing immutable realities while pursuing big dreams.
The developed world is transforming from a post-industrial to an information-centric era. Meanwhile, developing nations are poised to simultaneously industrialize and leapfrog into the information economy. Fueling today’s global economy already requires the energy-equivalent of a prodigious 10 million barrels of oil every hour. In 20 years, global transformation and growth will drive today’s world GDP from $48 trillion to $80 trillion; energy demand will increase by 50%. These realities are the central challenge of our era. And while technology and innovation are universally seen as essential tools to meet this challenge, progress won’t happen without leadership and cooperation between technologists and policy makers.
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