Slideshow Transcript

1. Slide 1: Global Warming Carbon Clinton Climate Initiative (CCI) Government (1) + Business (1) = 3
2. Slide 2: Setting the Stage for the “Perfect Storm” • Energy Consumption • China, India • Energy Cost • Greenhouse Gas Emissions • Global Warming Quality of Our Lives Today, Our Children Tomorrow
3. Slide 3: The Case for Change……. We Know What We Need to Do…..
4. Slide 4: We Have Options.… McKinsey mid-range curve Cost Abatement cost Commercial Residential <$50/ton Real 2005 dollars per ton CO2e Afforestation of buildings – buildings – Commercial cropland HVAC HVAC buildings – equipment equipment 9/30/08 Control systems efficiency efficiency Coal power plants– CCS Industrial rebuilds with EOR process Coal mining – Solar CSP improvements Active forest Fuel economy packages Methane mgmt Residential management 9/30/08 – Light trucks buildings – Shell retrofits Distributed Residential solar PV Residential electronics water heaters Nuclear Commercial buildings new-build 9/30/08 – Combined heat and Residential power buildings – Lighting Potential 9/30/08 9/30/08 9/30/08 9/30/08 9/30/08 9/30/08 Gigatons/year 9/30/08 9/30/08 9/30/08 9/30/08 9/30/08 9/30/08 9/30/08 9/30/08 9/30/08 9/30/08 9/30/08 Industry – Onshore wind – 9/30/08 Low penetration Onshore wind – Combined heat and High penetration Car hybridi- power zation Cellulosic Existing power Manufacturing – Biomass power – Coal-to-gas 9/30/08 biofuels plant conversion HFCs mgmt Cofiring shift – dispatch of efficiency existing plants improvements Natural gas and Coal power plants – Coal power plants – Commercial petroleum CCS new builds with CCS rebuilds buildings – New Conservation EOR 9/30/08 tillage systems shell management improvements Onshore wind – Medium Residential Afforestation of penetration Industry – CCS Commercial buildings – New pastureland new builds on electronics shell carbon-intensive 9/30/08 improvements processes Commercial Reforestation buildings – CFL Winter Coal power lighting cover crops plants – CCS Commercial new builds 9/30/08 buildings – LED lighting Fuel economy packages – Cars Source: McKinsey; “Reducing US Greenhouse Gas Emissions: How much at What cost?” Reduce 2030 emissions by 2.9 Gigatons cost <$50/ton
5. Slide 5: Policy, Will, Affordability…….. Source: McKinsey; “Reducing US Greenhouse Gas Emissions: How much at What cost?” Abatement legislation already identified
6. Slide 6: Policy, Legislation, Business, ……A winning combination Political Victories Business Victories • Energy Conservation • Energy Conservation - ESPC Legislation - Procurement Policies $ - Funding Options - Performance Risk • Renewable Energy • Renewable Energy - Germany, Spain, CA - New product development - U.S. Solar ITC’s - Ramped Capability Net 1990 to 2000 ESPC benefits estimated at $1.6B* Source: LBL 2005 ESCO Review
7. Slide 7: The Clinton Climate Initiative (BRP) • Building Retrofit Program (BRP) launched May 2007 in NYC - Buildings account for 70% of cities emissions • Utilize Performance Contracting - Similar to US DOE standard ESPC - Proven, self regulating process - Aligns interests of all parties • CCI Customers: • Energy Service Companies (ESCO’s) as Architects/Design Engineers/General Contractors/Performance Guarantors Where Politics and Business Work!
8. Slide 8: Our challenge…Think Big…. Act Now! Political Business 1. Expand ESPC legislation 1. Capital Access 2. Long Term Tax incentives 2. Deployment Investment 3. Legislation Sunsets 3. Low Cost Renewable Energy 4. Mandate agency targets 4. Higher Risk Thresholds 5. Accountability 5. Realistic ROI expectations 6. Uniform energy efficiency building codes “The time to repair the roof is when the sun is shining” - JFK
9. Slide 9: Thank you!