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Lars G. Josefsson
CEO, Vattenfall

Lars G. Josefsson

Lars G. Josefsson is president and CEO of Vattenfall, Europe's fifth largest generator of electricity and the largest generator of heat with operations in Denmark, Finland, Germany, United Kingdom, Poland, Netherlands and Sweden. He is also a member of the UN Secretary-General's Advisory Group on Energy and Climate Change.

Archive: Lars G. Josefsson

Electricity can decrease risk exposure

The concept of energy independence is usually oversimplified in most political and media discussions. Given the globalization of the economy and the global trade in several key energy sources, a country would have to be exceptionally isolated from its neighbors to have a truly insulated energy system.

By Lars G. Josefsson | April 1, 2010; 03:41 AM ET | Comments (2)

We need to talk sensibly about CCS and climate change

My company, Vattenfall, has invested around 300 million dollars in the development of carbon capture and storage. We are arguably the world leader in the development of the technology as it will be used in the power industry.

By Lars G. Josefsson | March 24, 2010; 10:42 AM ET | Comments (6)

Offsets can build momentum for a global effort

Carbon offsets are interesting for three interrelated reasons.

By Lars G. Josefsson | March 19, 2010; 12:00 PM ET | Comments (1)

Some benefits of cap and trade can't be replaced

While there are many policy tools needed to address climate change, there are benefits to cap-and-trade systems that can't be replaced. First and foremost, there is the cap: legislating a limit on emissions is the only way to guarantee the...

By Lars G. Josefsson | March 9, 2010; 07:30 AM ET | Comments (1)

Capping emissions and stimulating investment go hand-in-hand

There is no doubt that investment in new energy solutions must be prioritized. There is equally little doubt that the investment will have to come from companies -- the private sector will probably have to put up 80 percent of the needed investment if we are to meet the urgency of the challenge

By Lars G. Josefsson | February 4, 2010; 06:21 AM ET | Comments (3)

Something to build on

The promises of the U.S. and China may seem insufficient today - but they give us something to build on, and no reason to give up hope.

By Lars G. Josefsson | December 1, 2009; 07:31 AM ET | Comments (0)

An end to blame-and-shame

Trying to assign blame for the shortcomings of the global negotiations is exactly the wrong approach. The process has for years now been focused on questions of shame and blame, and this is one of the major reasons that progress...

By Lars G. Josefsson | November 18, 2009; 07:58 AM ET | Comments (1)

Three fundamentals of climate policy

There are three fundamentals of climate policy. First, policies have to address the emissions from large industrial and power plants. Policy must convince these industries that it will cost too much in the long term to run a plant that...

By Lars G. Josefsson | November 11, 2009; 07:10 AM ET | Comments (2)

Real potential, real uncertainty

From a technical perspective, it is clear that nuclear power can play a substantial role in meeting climate objectives. Our studies indicate that, given strong political support, nuclear power could grow globally by up to 70 percent by 2030. In...

By Lars G. Josefsson | October 27, 2009; 10:24 AM ET | Comments (0)

We must capture every opportunity

Looking at the global options to reduce emissions, I come to two conclusions:   1. The job is possible and affordable if done right, and 2. There is no silver bullet.   No sector or country can meet the challenge...

By Lars G. Josefsson | October 21, 2009; 05:20 AM ET | Comments (0)

It's Time for Action

Climate change is an extremely complex issue, so there will always be room for people with agendas to raise questions and doubts. Yet the basic mechanism of global warming has been well understood for a century, and the best available...

By Lars G. Josefsson | October 15, 2009; 03:32 AM ET | Comments (6)

Belief in a Common Direction Will Unlock Private Investment

The American people are admired worldwide for their ability to focus on the future, and to do so with optimism and confidence. This spirit must be at the core of American leadership on climate change. The diplomatic difficulties of the...

By Lars G. Josefsson | October 5, 2009; 07:21 AM ET | Comments (3)

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