Jaffe said the shale revolution is real, with investments in North America quadrupling since 2010 and expected to hit $80 billion by 2015. Producing from source rock where the demand is located is a new game changing paradigm creating new winners and losers in the industry."All it would take would be an oil crisis to push that technology forward," Jaffe said of the use of natural gas in transportation. "It's poised."Big oil and gas companies can't continue to benchmark against each other, Jaffe said, when the likes of GE and Microsoft are innovating in their markets. "New challenges include the inability to innovate. It's crippling some of these energy companies."The transition to alternative energy resources will take a long time, especially in transportation where there is 250 million liquid-fueled cars on the road and consumers buy new cars every 10 years, Jaffe explained.Michael Ward, a partner at Morrison Foerster, which sponsored the event, introduced Dean Steven Currall.  Ward is co-chair of the firm's Intellectual Property Practice Group and chair of the firm's Patent Practice Group.Great food, drink and networking at the Hyatt Regency Embarcadero on the waterfront in San Francisco.
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Dean’s Distinguished Speaker Amy Myers Jaffe
Executive Director of Energy and Sustainability, UC Davis

Amy Myers Jaffe, executive director of energy and sustainability for the UC Davis Graduate School of Management spoke on “The Energy Future Transformation: Trends in the Energy Industry” at our 11th annual Peer-to-Pier Networking Event in San Francisco on Feb. 13, 2014.