Council on Competitiveness Calls Upon Presidential Campaigns to Promote a Comprehensive Energy Plan

The U.S. Needs the Will, the Way and the Workforce to Get it Done

WASHINGTON, D.C., July 29, 2008 — The Council on Competitiveness convened top advisors to the Obama and McCain campaigns and senior officials in the U.S. Department of Energy to address how to create a secure, sustainable and competitive energy future.

The discussions were part of the Council’s Energy Security, Innovation & Sustainability (ESIS) Initiative steering committee meeting, which included chief executives from U.S. industry, academia, government laboratories, and organized labor. 

ESIS initiative participants believe that the future economic growth and security of the United States rely on the country’s ability to craft and implement a comprehensive strategy for increasing energy security and sustainability.  They are working to provide the necessary foundation for the next Administration to advance a comprehensive energy agenda.  That includes both developing a policy framework and building the coalition of stakeholders – CEO’s, university leaders, labor leaders, and others – for action in 2009.

At the meeting, Elgie Holstein, Senior Energy Policy Advisor to Senator Obama, and Becky Tallent, Senior Policy Advisor to Senator McCain discussed the five key strategies the ESIS Initiative has identified as critical to advancing America’s energy security:

• Exercise presidential authority
• Maximize energy efficiency across the U.S. economy
• Catalyze private sector investment in sustainable energy solutions
• Replenish the energy workforce pipeline
• Fast-track energy technology commercialization and deployment.

This fall, the Council will issue a100-Day Action Plan for the new Administration, focusing on these five strategies.

“The ESIS Initiative is bringing together the right people and employing the right process to bring forward the right solutions for America,” said Deborah L. Wince- Smith, president of the Council on Competitiveness.

The goal of the ESIS Initiative is to drive private sector demand for sustainable energy solutions, which will support the creation of new industries, markets and jobs.  The Initiative’s co-chairs include James Owens, chairman & CEO of Caterpillar Inc.; Shirley Ann Jackson, president of Rensselaer Polytechnic Institute; and Michael Langford, national president of the Utility Workers Union of America, AFL-CIO. 

“In order for American businesses to remain competitive, our country must have a comprehensive energy plan that utilizes all available energy sources.  Affordable energy must be a priority for the next administration in order for American businesses to compete in the global economy,” said James Owens, chairman & CEO of Caterpillar.”

“Energy security, and its link to climate change, is the greatest challenge and opportunity of our time,” said Rensselaer Polytechnic Institute President Shirley Ann Jackson.  “The United States is at risk because we do not have a comprehensive energy security and sustainability strategy.  It will require national leadership from the top to encourage the cooperation across the board that will be essential to develop, enact, and implement such a strategy.  Given the importance of the energy question to our nation’s economic and national security, I would urge the next President to host an energy summit within the first 100 days of the new Administration.”

“There is a world wide shortage of skilled workers to build and operate the future’s energy generating technologies,” said Michael Langford, National President of the Utility Workers Union of America.  “Everyone supports a green workforce, but neither presidential campaign has a comprehensive plan to address it.”

The ESIS Initiative was launched in August 2007.  Its initial report – “Define. The Energy – Competitiveness Relationship” – was released in February 2008, and in June 2008 the group challenged the Presidential candidates to answer three key questions about how they would advance a comprehensive energy strategy.

The Council will continue the energy competitiveness conversation on its website, www.compete.org, and in the new Compete Blog, which features a live blog of yesterday’s meeting.

About The Energy Security, Innovation, and Sustainability (ESIS) Initiative – The Council launched the ESIS in August 2007 in response to the growing energy supply challenges. In 2007 and 2008, the Council on Competitiveness will examine the competitiveness implications of today’s energy challenges and opportunities and highlight the critical role of the private sector in order to achieve a secure and sustainable energy future. The goal of the ESIS Initiative is to drive private sector demand for sustainable energy solutions and support the creation of new industries, markets and jobs. The Council on Competitiveness is conducting a series of high-level, expert dialogues to examine the competitiveness implications of today's energy challenges and opportunities. The dialogues will highlight the critical role private sector demand will play in moving the nation forward to a more secure and sustainable energy future.

About The Council On Competitiveness —The Council on Competitiveness is the only group of corporate CEOs, university presidents, and labor leaders committed to the future prosperity of all Americans and enhanced U.S. competitiveness in the global economy through the creation of high-value economic activity in the United States.

About Rensselaer
Rensselaer Polytechnic Institute, founded in 1824, is the nation’s oldest technological university. The university offers bachelor’s, master’s, and doctoral degrees in engineering, the sciences, information technology, architecture, management, and the humanities and social sciences. Institute programs serve undergraduates, graduate students, and working professionals around the world. Rensselaer faculty are known for pre-eminence in research conducted in a wide range of fields, with particular emphasis in biotechnology, nanotechnology, information technology, and the media arts and technology. The Institute is well known for its success in the transfer of technology from the laboratory to the marketplace so that new discoveries and inventions benefit human life, protect the environment, and strengthen economic development.