CEOs no longer refute global warming
Members of the Business Council, a group of executives from the top 120 U.S. companies, have altered their beliefs about climate change significantly, said PG&E Chief Executive Officer Peter Darbee in an interview.
Darbee was attending the Business Council's October gathering in Cary, North Carolina.
"No one among the group was arguing the science of climate change," said Darbee. "That debate, at least in that forum, appears to be over. The discussion was really about, 'climate change is happening, it is a challenge of vast proportions and it will require an effort on the part of mankind to respond to this challenge.'"
Darbee also said a tangled web of state and federal laws governing energy use and conservation was delaying action.
"The greatest challenge we face getting our business done is the unintentional gauntlet of government regulation," he said. "What renewable energy developers have to go through — the hoops and hoops and hoops."
Related News
Coal demand dropped in Europe over winter despite energy crisis
PARIS - The EU burned less coal this winter during the energy crisis than in previous years, according to an analysis, quashing fears that consumption of the most polluting fossil fuel would soar as countries scrambled to find substitutes for lost supplies of Russian gas.
The study from energy think-tank Ember shows that between October 2022 and March 2023 coal generation fell 27 terawatt hours, or almost 11 per cent year on year, while gas generation fell 38 terawatt hours, as consumers cut electricity consumption in response to soaring prices.
Renewable energy supplies also rose, with combined wind, solar and hydroelectric output…
