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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. ALL POSTS

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 past 12 years must be set aside. The focus on obstacles and blame must be shifted to opportunity and leadership.


Despite the glacial pace of the climate negotiations, recent positive signals from China and India mean there is real potential to break the deadlock between developed and developing economies. If the global community believes that the US is committed - that today's encouraging words will be met by action to transform its energy production and use - the world will follow that lead.  


The U.S. and China will be the biggest markets for clean energy technology, and nothing will do more to turn climate change from a threat to an opportunity than confidence that these economic engines are being greened. The United States must figure out a way to send that signal: that America is investing in tomorrow's economy, not yesterday's, and doing so on a large scale. 


Many companies around the world, including my own, are already making plans for a low-carbon future. But political uncertainty continues to undermine our investments. If the United States demonstrates real commitment - and if, as I believe will happen, China and India follow - we can invest with more certainty that our governments will preserve and tighten emission limits over time.


Every question will not be answered in Copenhagen - implementation and the details of national commitments will be negotiated on an ongoing basis. But we need a clear signal about the common direction of the global economy: towards a low-carbon future. Belief in this common direction is the key to unlocking the trillions of dollars of private investment needed for low-carbon growth.

By Lars G. Josefsson  |  October 5, 2009; 7:21 AM ET Save & Share:  Send E-mail   Facebook   Twitter   Digg   StumbleUpon   Technorati  
Previous: Too Big To Fail | Next: Why Are We Going to Copenhagen?


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as an indian i would want to answer to convey this. US wants to advise every one on how they should behave but never followed the one.

if USA do not care for climate chnage which is caused mostly by its own past then it should not tell others what they do with other things like nuclear energy( which USA used on other country not any midleeast nation) . and keping the market open and blah blah blah

it should be out of UN for all the wars it went for illigaly , just think it have created militant afghan to kill it in the future

it have supported killng of 2 million bngaladesh people in the name of friend ship it offered to pakistan in those days

do u think nuclear iran is an probelm for this world , but USA had been problem and will be problem

Posted by: sprakasam | October 10, 2009 10:54 AM
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As a US citizen I support efficiency and and growth in US based energy sources.
I support this not for "climate change" reasons but for long term economic benifits for the US. I will not support any
legislation, treaty or any other mechanism that gives one dime of US taxpayers money to any foreign country in the name of "climate change" prevention. The vast majority of foreign aid given by the US today is wasted, stolen or used against US interest around the world and "climate change" aid would be no different. If the EU wants to give their wealth to the developing world that's up to them but since every other word out of the EU today is about the decline of the US as a world eonomic power just leave us poor Americans out of your UN backed world wide ponzi scheme.

Posted by: Tuerke9 | October 9, 2009 7:20 AM
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Its a cash grab from developing countries. The U.S. should sign anything they want and then do anything we want. You dont tell us what to do, we dont tell your little countries what to do, we dont care what you do, so stuff it. Global warming eerr, climate change, are a fallacy. Get a grip people.

Posted by: marrapz1 | October 6, 2009 2:29 PM
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