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12th Annual Conference in London, 11th and 12th October 2007 |
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Economic thinking Delegates underlined that tackling climate change opens new economic opportunities, such as new technologies or "green branding". Keeping options open is vital. |
Bernd Ziesemer, Guy Bousquet, Andrea Athanas & Helene Lyall |
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Prof. Edward Krubasik, President, Orgalime European Industries Association |
'Don't take sledgehammer' Krubasik says "The most expensive area is energy. We need fully rounded thinking. It is wrong to spend substantial sums in areas like biofuels if this produces negative effects in other parts of the economic system. We shouldn’t take a sledgehammer to crack a nut. The more we find out about what is needed to be done, the more we can concentrate on taking CO2 out of the atmosphere with the money available.”
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WHAT EDWARD KRUBASIK SAID Maintaining nuclear option to lower emissions "Keeping the nuclear industry in Germany is key to reducing emissions by 30% instead of 25%. After the 2009 election, there could be a change in policy on the nuclear exit, depending on whether the CDU emerges strengthened.” Climate change efforts could support growth “Nick Stern has mentioned a cost to growth of 1-2 % of GDP, but there may be a boost. The fight against global warming might produce many good things for our nations.” Rigour needed on economic incentives "Politicians are there to decide laws and incentives, not to choose technologies. It is important not to select technologies too early, so as not to close off the right paths." |
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 Bousquet says: 'No solution without nuclear'
Guy Bousquet, Director for Sustainable Development and
Continuous Progress, AREVA
“Nuclear is not the only
solution, but if you look at the world’s needs, there is no
solution without nuclear. We should do what every industry does by practising
recycling. AREVA produces a technological, not a political solution. Plutonium would stay mixed with uranium, recycled
in MOX facilities. Our commercial department is fully booked –
nuclear renaissance is a reality.”
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 Golby warns: 'Lights will start to flicker'
Dr. Paul Golby, Chief Executive, E.ON UK “We need to fix the framework so that industry can make the right decisions. Otherwise politicians will still be talking about these policies while the lights start to flicker. Nuclear power needs to play a role in the energy mix. Decisions need to be taken this year if nuclear energy is going to be an option. E.ON UK is carrying out preliminary work supporting reactor designs – for licensing and pre-licensing.” |
 Lyon emphasises role of green branding
David Lyon, Senior Manager, Sustainability and Risk, Arthur D.
Little UK
“We are seeing
consumer-driven market innovation. With green electricity
tariffs, some consumers are willing to pay an ecological
premium. Green branding plays an increasingly important role.
Public policy is crucial in achieving the right balance in
pricing policies – including through decentralised government.” |
 Tacke urges: 'Link technology and fiscal steps'
Dr. Alfred Tacke, Chairman of the Managment Board, Evonik Steag GmbH “We can make a difference in every class of car. There are two billion people around the world who are interested in cars. There’s a lot of work to be done in renewables. We need to have the right fiscal measures in place but also make sure we can open the right technological window.” |
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