From the Business Roundtable:
CEOs from Every Economic Sector Release Comprehensive U.S. Energy Plan
Say ‘Self-Sufficiency Is Within Reach’ If Action Taken to Leverage U.S. Advantages
Washington – Business Roundtable(BRT), an association of chief executive officers of leading U.S. companies, today released Taking Action on Energy: A CEO Vision for America’s Energy Future, a detailed, comprehensive national energy strategy to capitalize on U.S. strengths and accelerate economic growth and job creation.
“America’s energy economy is firing on all cylinders – efficiency, renewable power, oil and gas production, and advanced coal and nuclear power technology,” said David M. Cote, Chairman and CEO of Honeywell International, Inc., and Chair of BRT’s Energy and Environment Committee. “North American energy self-sufficiency is within reach, but the missing piece is an effective strategy to capitalize on U.S. advantages. Taking Action on Energy is that strategy.”
In Taking Action on Energy, CEOs, who lead major U.S. companies that operate in every sector of the economy – and represent energy producers, consumers and technology suppliers – offer a vision for America’s energy future that is more affordable, more secure and more sustainable.
“Driven by private sector innovation and investment, the United States is poised to regain its status as an energy superpower,” said John S. Watson, Chairman and CEO of Chevron Corporation. “The dramatic rise in U.S. oil and natural gas production is creating jobs and economic growth across America, but our ability to take full advantage of the historic opportunity in front of us depends upon the right policy framework.”
“Reliable, affordable energy makes the United States the location of choice for manufacturing,” said Andrew N. Liveris, Chairman and CEO of The Dow Chemical Company. “We have outlined a strategy to ensure America stays on top.”
“America’s electric power infrastructure has long delivered value to consumers and enhanced industrial competitiveness,” said Nicholas K. Akins, President and CEO of American Electric Power. “To preserve that value, sound energy strategy must maintain fuel diversity for power generation, support investment in our nation’s transmission system, provide a long-term solution for storing spent nuclear fuel and consider the economic consequences of energy and environmental regulation.”
In Taking Action on Energy, BRT CEOs call on Congress and the Administration to adopt policies that will enhance U.S. self-sufficiency, boost economic growth and promote environmental stewardship. The plan includes detailed and specific recommendations in each of four areas – energy efficiency; traditional energy production; renewable energy production; and electric power generation, transmission and distribution – including measures to:
“America’s energy future is bright, but it is not certain,” concluded Cote. “A diverse portfolio of energy efficiency and supply options is the best way to preserve and extend America’s significant energy advantages.”
Click here to view the full report.
Click here to view a one-page overview of the full report.
Click here to view a one-page overview of the CEO recommendations on energy efficiency.
Click here to view a one-page overview of the CEO recommendations on traditional energy production.
Click here to view a one-page overview of the CEO recommendations on renewable energy production.
Click here to view a one-page overview of the CEO recommendations on electric power generation, transmission and distribution.
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