Business
Almost everything we thought we knew about energy is ripe for transformation – and rich in both risk and opportunity. Oil suppliers have more unsellable than unburnable oil; they are more at risk from market competition than from climate regulation. Electricity suppliers also face a swarm of disruptors that will transform their businesses beyond recognition as the electricity and auto industries merge to eat the oil industry, as insurgents challenge incumbents in all three of these immense sectors, and as integrative design yields expanding returns to investments in radical energy efficiency.