CNBC, the leading global business and financial news channel, today announced the formation of a Carbon Council that will bring together a number of the world’s leading business leaders, to discuss the financial risks and rewards that the COP15 UN Climate Change Conference will bring.
The CNBC Carbon Council members are: Chad Holliday, Chairman, DuPont; Léo Apotheker, CEO, SAP; Mike Splinter, CEO, Applied Materials; Lars G. Josefsson, CEO, Vattenfall; John Rowe, CEO, Exelon; Dr Zhengrong Shi, CEO, Chairman, Suntech Power; Mike Mack, CEO, Syngenta and Hans Wijers, CEO, Akzo Nobel. Other joining CEOs will be announced shortly.
The CNBC Carbon Council will launch globally on 17 November with exclusive interviews with Mike Splinter, CEO, Applied Materials and Léo Apotheker, CEO, SAP, and will be followed with a series of panel debates and interviews in the build-up, during and after the COP15 meeting. Interviews will air on CNBC around the world and reported online on a dedicated Carbon Challenge page on www.cnbc.com.
The CNBC Carbon Council will discuss and debate the potential profits and pitfalls they are facing in the transformation to a clean energy economy. The members of this exclusive C-suite Council will often disagree on proposed remedies or regulations, but most importantly they all agree that to ignore this historic shift would jeopardise their company's viability and likely make them miss the enormous opportunities to make money along the way.
There is a great deal of uncertainty and political noise surrounding the climate change debate. The Council members, and other CNBC contributors from finance, money management and policymaking will pave the way for smart, savvy investors to get a leg-up.
Four key themes will be explored by the CNBC Carbon Council:
- The Case for Investment: Is green technology the major profit driver for the 21st Century?
- Cap & Trade: Can the market work?
- The Regulatory System: How can the politicians create the right environment for success?
- The Developing World: How can we curb emissions without curbing growth?
CNBC’s analysis of climate change issues will culminate with presenter Geoff Cutmore broadcasting live from COP15 from 7 December onwards.
Patrick Allen, Senior News Editor, CNBC in EMEA said: “The climate debate presents the biggest challenge to humankind in living memory. The CNBC Carbon Council positions CNBC as a leader in the climate change debate and will include in-depth analysis from some of the world’s biggest business leaders and investors. We’ll speak with front line figures in the business community to consider future investment opportunities and frameworks that reduce the uncertainty over investments.”
This launch of the CNBC Carbon Council illustrates CNBC's commitment to being the one-and-only financial news organisation with the resources and the insight to stay ahead of this rapidly evolving, highly complicated story.
The CNBC Carbon Council launches as part of “Green is Universal," NBC Universal's ongoing green initiative dedicated to raising Green awareness, effecting positive change to the environment, and greening its own operations.