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BCSE In The News

US businesses urge strong Paris agreement to increase clean energy investment

December 9, 2015, Renewable Energy Magazine
By Robin Whitlock

Lisa Jacobson, President of the Business Council for Sustainable Energy (BCSE), along with several member company executives, has called for a strong agreement from governments at COP 21.

BCSE has brought a delegation of companies and associations to Paris, representing the largest gathering of business leaders in the Council’s history of COP engagement. BCSE represents businesses and trade associations that focus on developing products and services in the energy efficiency, natural gas and renewable energy sectors. These businesses will play a vital role in helping nations to meet their greenhouse gas reduction goals.

“I am optimistic that we will leave Paris this week with a meaningful agreement that can provide an effective course of action for businesses” Ms Jacobson said. “While there is still a lot of work to do, the progress so far has been promising. Not only does this reflect the growing clout of the clean energy sector, it also demonstrates that policy matters to the energy sector and informs investment decisions."

Ms Jacobson added that BCSE’s message to the negotiators is simple - there is already a growing and diverse mix of clean energy solutions that are commercially available for countries to achieve short-term reduction goals. All that is needed is a good policy framework; ideally a price signal on carbon emissions.

The global economy has never been better prepared to take strong action to reduce greenhouse gas emissions. According to Kathryn Clay, Vice President of Policy Strategy for the American Gas Association, market forces and changing consumer behaviour, when combined with smart public policies, are transforming how countries like the US produce, deliver and consume energy. A strong agreement in Paris could further unleash a virtuous circle of innovation and entrepreneurial spirit within the energy sector.

Throughout the conference, the BCSE delegation has been bringing its positive message to Paris, both in one-on-one meetings and at dozens of side events, Council members shared their experiences in how the right public policies encourage private sector innovation and investment.