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Access to reliable, affordable energy undergirds U.S. national and economic security, and a clean, healthy environment is essential for economic prosperity now and for future generations. Business Roundtable supports policies that capitalize on America’s strengths in technology and energy diversity to maximize U.S. energy options and preserve environmental quality. The business community has a special obligation to step forward and help build an environmentally and economically sustainable future.

Business Roundtable Statement on H.R. 2454, “The American Clean Energy and Security Act of 2009”

As business leaders, the CEOs of Business Roundtable are committed to taking action to limit greenhouse gas (GHG) emissions and put our nation on a more sustainable path. We commend the House of Representatives for taking action in this critical area. However, H.R. 2454 falls short of providing a roadmap to an environmentally and economically sustainable future.

New Business Roundtable Study Identifies Policies to Boost Reductions in GHG Emissions

Business Roundtable, an association of chief executive officers of leading U.S. companies, today released an economic modeling study with policy recommendations that have the potential to deliver approximately twice the greenhouse gas (GHG) reductions at roughly half the economic cost of emissions-limiting legislation that doesn’t address obstacles to emissions reduction. The study, The Balancing Act: Climate Change, Energy Security & the U.S. Economy, modeled the cost and benefits of removing critical barriers to technology development and deployment in carbon-pricing policies.

Business Roundtable and Nippon Keidanren Statement on Promoting Sustainable Economic Growth

Leading members of Nippon Keidanren and Business Roundtable met today to discuss a common agenda for promoting sustainable economic growth.

The Balancing Act: Climate Change, Energy Security and the U.S. Economy

On behalf of Business Roundtable’s Sustainable Growth Initiative, I am pleased to present a thoughtful, forward-looking study designed to inform policymakers about the choices and consequences associated with addressing the risks of global climate change.

The Balancing Act: Climate Change, Energy Security and the U.S. Economy - Overview

Aggressive federal investments in a balanced portfolio of new, efficient low‐carbon energy technologies, together with policy leadership to speed development and deployment, can achieve large‐scale reductions in greenhouse gas (GHG) emissions while limiting the cost to the economy.

The Balancing Act: Climate Change, Energy Security and the U.S. Economy - Executive Summary

According to leading scientists, there is increasing evidence that the Earth’s climate has been warming over the last century and that increases in temperature are affecting many global ecosystems.

The Balancing Act: Advanced Vehicle Technologies

A robust approach to the sustainable growth challenge must also include strategies aimed at transforming the U.S. transportation sector, which accounts for approximately one‐third of the nation’s CO2 emissions and two‐thirds of its petroleum consumption.

The Balancing Act: Advanced Biofuels

Policies that support the expansion, diversification and decarbonization of the liquid transportation fuel supply, such as the development and promotion of advanced biofuels, are necessary to advance a variety of sustainable growth objectives, including enhanced resiliency to oil price volatility and reduced greenhouse gas (GHG) emissions.

The Balancing Act: Renewable Power Resources

Accelerating the deployment of renewable power technologies will be particularly important to the goal of decarbonizing the U.S. electric power mix. Many regions of the U.S. are endowed with excellent renewable resources, including abundant supplies of wind, solar, biomass, geothermal and other sources.

The Balancing Act: Nuclear Power

Today, nuclear power represents about 70 percent of America’s low‐ or no‐carbon electricity generation. As the only existing, proven and scalable low‐carbon baseload generation technology, nuclear power will be critical to reducing greenhouse gas emissions and providing affordable and reliable electricity to an expanding economy.

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Committee Priorities

Electricity Generation, Transmission & Distribution

Secure, reliable electricity supplies undergird U.S. economic growth and job creation and the electric power industry plays a key role in safeguarding the environment. Federal and state policies must encourage electricity generators to make full use of America’s diverse portfolio of energy resources to meet U.S. energy needs while ensuring positive environmental outcomes. Policymakers should continue to support efforts by the Department of Energy and the National Institute of Standards and Technology to accelerate and coordinate the development of smart grid standards in order to maintain continued U.S. leadership in smart grid technologies.

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Traditional Energy Production

Oil, coal and natural gas supply more than 80 percent of U.S. energy needs and are vital to U.S. prosperity and economic competitiveness. Improvements in production and power generation methods are helping to reduce the environmental footprint of these energy resources. U.S. policy should expand access, remove barriers to increased production and encourage a smarter approach to energy and environmental regulation.

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Energy Efficiency

Energy efficiency is a cornerstone of a successful energy policy. It can boost economic growth by decreasing energy costs while increasing productivity.

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Renewable Energy

Harnessing America’s abundant renewable energy resources in a cost-effective manner diversifies U.S. energy supplies, enhances U.S. energy security and advances environmental stewardship.

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Climate Change

Because the consequences of global warming for society and ecosystems are potentially serious and far-reaching, Business Roundtable believes that steps to address the risks of such warming are prudent and supports collective actions that will lead to the reduction of greenhouse gas emissions on a global basis.

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Smart Energy & Environmental Regulation

Energy and environmental regulations, which are necessary to protect human health and the environment, should be based on sound science, undergo thorough net cost-benefit analysis, and take into consideration the net cumulative impact these regulations have on energy costs, economic growth and job creation.

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Sustainability

Business Roundtable CEOs are committed to making life better in the communities in which their companies operate, while also creating greater prosperity by driving economic growth and job creation. Each year, Roundtable CEOs reaffirm their commitment to sustainability in a unique report and accompanying video testimonials that detail how America’s business leaders are driving effective environmental efforts and promoting sustainable business practices.

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Committee's Recent Activities

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