Mastering New Energy Economics | Davos 2023 | World Economic Forum

Energy systems have experienced a series of shocks, forcing many governments to step in to protect citizens and companies from skyrocketing prices while scrambling to shore up national energy security. As decisions-makers worldwide strive to craft energy strategies for the year ahead, how can they reconcile energy resilience, affordability and sustainability? This session was developed in collaboration with CNN. This session is directly linked to the ongoing work of the Platform for Shaping the Future of Energy, Materials and Infrastructure of the World Economic Forum. Speakers: Julia Chatterley, Fatih Birol, Patricia K. Poppe, Vicki Hollub, Martin Wolf, Jozef Sikela 00:00 Introduction 03:51 Opportunities and risks 08:55 Investing in wind and solar 11:42 Energy security 17:10 Challenges in California 22:00 Emissions reality check 27:50 Creating good competition 37:30 Subsidies 41:00 Early investment 44:16 Martin Wolf's closing thoughts The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #Davos #WEF23 #WorldEconomicForum