Council President: Increased Energy Innovation, Investment and Productivity Critical to U.S. Competitiveness

WASHINGTON—Council on Competitiveness President Deborah L. Wince-Smith made the following statement today in response to the energy security initiatives President George W. Bush outlined in his State of the Union address.  

“President Bush is exactly right to be focused on energy security and the tremendous competitiveness opportunities that it enables. On behalf of the Council’s private sector leadership, we applaud the president’s commitment to improving energy security without undermining economic growth. Last August, the Council launched the Energy Security, Innovation & Sustainability Initiative, which emphasizes the critical role of private-sector demand in moving the nation toward a secure and sustainable energy future. We encourage the president and Congress to see to it that the United States has the resources and the funding to drive energy productivity and to invest in energy innovation. The United States must strengthen its global competitiveness by adopting innovative solutions to our energy needs and creating economic incentives for increased energy efficiency.”