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, [email protected]