Each year, senior energy policymakers and industry leaders from over 55 countries convene at CERAWeek — which concludes today — to gain insights into the future of energy. Yesterday, Steve Bolze, President and CEO of GE Power & Water, was part of the Climate Change, Environment and Technology panel at CERA — which is the acronym for the sponsor, IHS Cambridge Energy Research Associates. Stressing the need for strong policies to drive clean energy markets, Steve told the group there’s a clean energy technology economy that’s emerging — and that countries that move quickly to seize the opportunities will reap the rewards. In the video interview immediately below, Steve discusses the new economic environment.
The clean energy economy: Click on the image above to watch a video interview with Steve on CERA’s website.
As Steve says, right now China and the EU are leading the global race, because they have government policies and standards in place to promote the adoption of clean energy technology. These countries, he explained, have aligned policy with innovation to drive clean energy on a large scale — which in turn is helping to create jobs. The reason? Because strong policy targets help to signal the market that long-term investments in clean energy technologies are sound investments.
Steve — who also called in from the conference in Houston last night — also provides a recap of the meeting in the audio clip below:
The focus on clean energy is certainly timely — and a subject that lands GE on the coveted cover of the April issue of Popular Science magazine.
