Modern society depends on reliable and affordable energy services to function smoothly and to develop equitably. A well-established energy system supports all sectors from medicine and education to agriculture, infrastructure, communications and high-technology. Intensive development patterns have historically relied on inexpensive and energy-dense fossil fuels, which also happen to be the primary source of greenhouse gas emissions contributing to climate change. However, new, clean technologies are available that can reorient development along a more sustainable trajectory.
Business can accelerate the transition to an affordable, reliable and sustainable energy system by investing in renewable energy resources, prioritizing energy efficient practices, and adopting clean energy technologies and infrastructure. Also, with investment in R&D, businesses can innovate and pioneer new technologies that change the status quo of the global energy system, becoming the center of climate change solutions.