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The World's Leading Utility Companies Meet in NYC Present Action Plan to Address Energy and Climate Crisis

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The World's Leading Utility Companies Meet in NYC Present Action Plan to Address Energy and Climate Crisis

Published 10-12-06

Submitted by World Business Council for Sustainable Development


WHAT:
Launch of a new report, "Powering a Sustainable Future," at a press luncheon hosted by the World Business Council for Sustainable Development (WBCSD). The report:

  • Outlines the practical steps and measures necessary - in the short and long term -- to lead to a more sustainable power sector;

  • Explores the sustainability performance of the various resource options for electricity generation including coal, gas, nuclear, and renewable energy; and

  • Concludes that unless there is a marked shift in the way electricity is generated and regulated worldwide, the environmental impact of increased energy production will be severe.

    Companies will discuss their views on current energy challenges, how the private sector should address them, and the policy conditions necessary to create a broad-based enabling environment for urgent change.

    WHO:
    (In alphabetic order by affiliation)

  • ABB: Curt Henricson, Head of Sustainability Affairs

  • China Light and Power (CLP): Gail Kendall, the Group Director for Environment

  • Electricité de France (EDF): Bruno Lescoeur, Sr. Executive Vice President, Int'l Industrial and Public Affairs

  • Entergy Corporation: Gary Serio, Vice President, Safety & Environment

  • Eskom: Mandy Rambharos, Chief Advisor Sustainability

  • The Kansai Electric Power Company: Masahiro Izumi, Chief Manager, Global Environment Group

  • Tokyo Electric Power Company (TEPCO): Teruaki Masumoto, Director

  • WBCSD: Björn Stigson, President

  • Independent Assurance Group Chair/Stanford University: David Victor, Professor of Law, Stanford Law School, Director of the Program on Energy and Sustainable Development, Stanford University

  • Moderator/WBCSD: Lloyd Timberlake, Communications Director

    WHEN:
    Tuesday, October 24, 2006, 11:30 a.m. EST - 1:30 p.m.

    WHERE:
    The Waldorf Astoria, 301 Park Avenue, Carnegie Suite, 18th Floor

    WHY:

  • Global power demand is likely to double over the next two to three decades;

  • Modern economies are growing ever more dependent on electricity, and extremely vulnerable to supply interruptions and resource constraints;

  • The power sector generates 40 percent of all CO2 emissions from fuel combustion and emissions are on the rise;

  • More than 1.5 billion today lack access to electricity, preventing them from escaping poverty.

    These trends are unsustainable, and a concerted international response is needed. The WBCSD's Sector Project on Electricity Utilities represents 10 percent of global electricity sold, and was formed to identify key priority objectives in urgent need of attention, explore the business contribution to solutions, and create an action plan for global uptake.

    To attend, please RSVP to Brenda Timm, 212.704.4593, brenda.timm@edelman.com

    • World Business Council for Sustainable Development logo

    World Business Council for Sustainable Development

    World Business Council for Sustainable Development

    The World Business Council for Sustainable Development (WBCSD) brings together some 200 international companies in a shared commitment to sustainable development through economic growth, ecological balance and social progress. Our members are drawn from more than 30 countries and 20 major industrial sectors. We also benefit from a global network of 50+ national and regional business councils and partner organizations. Our mission is to provide business leadership as a catalyst for change toward sustainable development, and to support the business license to operate, innovate and grow in a world increasingly shaped by sustainable development issues.

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