Energy and Environment Committee
Related Studies & Resources
Business Roundtable conducted an economic modeling study – The Balancing Act – to determine the best ways to cut reduce GHG levels while minimizing the economic impact on the U.S. economy. We found that a successful policy for reducing GHGs must leverage a balanced portfolio of technologies and eliminate barriers to technology development and deployment. Only this combination will allow us to successfully reduce GHG emissions without significantly hampering economic growth. Additionally, successful legislation must embrace renewable energy while recognizing the role that traditional sources will have to play in our transition to a low-carbon future. Read more about Environment.
Environment
Business Roundtable CEOs are committed to environmental stewardship, sustainable future and action on climate change. That is why we conducted an economic modeling study – The Balancing Act: Climate Change, Energy Security and the U.S. Economy – to determine the best ways to protect the environment by reducing GHG levels, while minimizing the economic impact on the U.S. economy. We found that a successful policy for reducing GHGs must leverage a balanced portfolio of technologies and eliminate barriers to technology development and deployment. Only this combination will allow us to successfully reduce GHG emissions without significantly hampering economic growth. Additionally, successful legislation must embrace renewable energy while recognizing the role that traditional sources will have to play in our transition to a low-carbon future.
Yet, without more investments and supportive government policies in these areas, we will not be able to effectively address our energy or environmental needs – and certainly not at an affordable economic cost. Our CEOs stand ready to continue working with Congress and the Administration to develop real solutions to these pressing sustainability challenges. Meeting the sustainable growth challenge will not be easy or cost-free, but we can significantly mitigate the costs associated with this transformation of our economy through sound policy choices that accelerate the deployment of key technologies.