The key to success is cooperation between governments, cities, communities, development banks and the private sector. We need to leverage existing partnerships and resources, whether domestic or multilateral.
Our companies are not in the energy business, but both of them are making substantial investments in energy efficiency and clean power, not just to be good corporate citizens but because it's good for the bottom line.
EPA officials concluded that the benefits of new, tougher standards "far outweigh their costs." If gas prices stay around $3.50 a gallon, "the net benefit to society could be in excess of $2 trillion."