Corporate, Economic Visionaries Address Platts Lecture

Corporate, Economic Visionaries Address Platts Lecture

November 30, 2007

Duke Energy's Jim Rogers Calls for Substantial Reduction in
Carbon Footprint at Platts Lecture;
 
Former White House National Economic Advisor Gene Sperling
Challenges Audience to View Climate Change as an 'Insurance
Investment'

    NEW YORK, Nov. 30 /Xinhua-PRNewswire/ -- Duke Energy's
Jim Rogers called for a 60 to 80 percent reduction in
today's carbon footprint by mid-century at the acclaimed
Platts Lecture today, in which industry leaders, market
analysts, and academic scholars discussed critical
sustainability issues.  

    At the same lecture, former White House National
Economic Advisor Gene Sperling talked about the marked
change in public opinion on climate change over the last
decade and its inexorable impact on future economic policy.
 Sperling also challenged the audience to look at climate
change as an insurance investment - as a preventative
measure against future catastrophe -- as well as from an
"investment in green" perspective.       

    Duke Energy's Rogers, known for his advocacy of energy
efficiency as a "fifth fuel" (nuclear, coal, gas,
and renewables as first through fourth), asked audience
members in the lecture to view a low-carbon economy as a
national priority, "like a Manhattan Project or an
Apollo mission of the new millennium."

    In addition to his presidency of Duke Energy, Rogers
has served as chairman of the Edison Electric Institute,
the national association for investor-owned electric
companies.  Rogers' outspoken advocacy of energy efficiency
and conversation prompted his appointment as co-chair of two
pivotal organizations -- the Alliance to Save Energy and the
National Action Plan for Energy Efficiency.  

    Sperling served in the Clinton administration as the
president's National Economic Advisor and Director of the
National Economic Council.  As director of the National
Economic Council, Sperling was responsible for coordinating
domestic and international economic cabinet members. 

    The lecture, "Climate, Energy and Climate for
Energy,"  sponsored by R.W. Beck, with co-sponsor
Paccar, preceded the Platts Global Energy Awards gala here,
which honors the energy industry's "best of the
best" in 17 performance categories.  The awards
showcase extraordinary accomplishments by businesses and
individuals worldwide.  Platts, a leading global energy
information service, is a division of McGraw-Hill.

    About Platts: 

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help markets operate with transparency and efficiency.
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depend upon Platts to help them make better trading and
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at http://www.platts.com.
	
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    For more information, please contact:

     Kathleen Tanzy
     Platts
     Tel:   [phone]
     Email: [e-mail]