This paper describes a proposed high resolution soft X-ray and Extreme Ultraviolet spectroscopy mission to carry out a survey of Stellar and Galactic Environments (SAGE). The payload is based on novel diffraction grating technology which has already been proven in a sub-orbital space mission and which is ready to fly on a satellite platform with minimal development. We discuss the goals of a SAGE base-line mission and demonstrate the scientific importance of high resolution spectroscopy in the Extreme Ultraviolet for the study of stars and the local interstellar medium.