international climate change partnership cop5 workshop balancing short and long term climate change...
TRANSCRIPT
INTERNATIONAL CLIMATE CHANGE PARTNERSHIP
COP5 WORKSHOP“BALANCING SHORT AND LONG
TERM CLIMATE CHANGE OBJECTIVES”
JUDITH BAYERDIRECTOR, ENVIRONMENTAL GOVERNMENT AFFAIRSUNITED TECHNOLOGIES [email protected]
OCTOBER 30, 1999
LONG TERM ASPECTS OF CLIMATE CHANGE
• PROBLEM – ATMOSPHERIC LIFETIMES– CONCENTRATION BUILDUP– SCIENTIFIC UNDERSTANDING
• SOLUTIONS– LARGE INSTALLED BASE OF EQUIPMENT– R&D
SHORT TERM ASPECTS OF CLIMATE CHANGE
• POLITICAL EXPEDIENCY• “WAIT & SEE” MENTALITY• ACTION NOW CAN GENERATE
ENVIRONMENTAL & ECONOMIC BENEFITS
UNITED TECHNOLOGIES CORPORATION
UTC CORPORATE
UTC STATISTICS
• 43RD LARGEST U.S. CORPORATION• $25.7 BILLION IN 1998 REVENUES• 1,900 LOCATIONS IN 183 COUNTRIES• $1 BILLION R&D INVESTMENT PER
YEAR
UTC PRODUCT LIFE
• GENERALLY MEASURED IN DECADES• 104 YEAR OLD OTIS ELEVATOR STILL IN
SERVICE• PRATT & WHITNEY JT8D JET ENGINES
INTRODUCED IN EARLY 1960s STILL SAFELY FLYING
UTC INSTALLED BASE
• CARRIER -- 15 MILLION RESIDENTIAL AIR CONDITIONING UNITS IN THE USA
• OTIS -- 1 MILLION ELEVATORS & ESCALATORS WORLD-WIDE
• PRATT & WHITNEY -- MORE THAN 20,000 COMMERCIAL JET ENGINES
UTC SHORT TERM STRATEGIES
• CORPORATE-WIDE NATURAL RESOURCE CONSERVATION POLICY COMMITMENT
• WORLD-WIDE ENERGY BASELINE FOR OPERATIONS AND TRAVEL
• 25% REDUCTION GOAL FOR ENERGY & WATER USE NORMALIZED BY SALES
• IDENTIFICATION & PURSUIT OF REDUCTION OPPORTUNITIES
UTC LONGER TERM STRATEGIES
• CO-GENERATION • PRODUCT DESIGN• RESEARCH & DEVELOPMENT• PUBLIC POLICY DEBATE
UTC CO2 REDUCTION OPPORTUNITIES
0
20
40
60
80
100
120
MIL
LIO
N M
ETR
IC
TO
NS
OF C
O2
UTCOPERATIONS &TRAVEL
P&W JET ENGINEFLEET
CARRIER USARESIDENTIALAIRCONDITIONERS
CONCLUSIONS
• INDUSTRY AND GOVERNMENT NEED TO DEVELOP SHORT AS WELL AS LONG TERM STRATEGIES
• TARGETS AND TIMETABLES NEED TO BE REALISTIC TO AVOID COSTLY PREMATURE CAPITOL STOCK TURNOVER
• MILESTONES ESSENTIAL TO TRACK PROGRESS AND REFLECT LATEST SCIENTIFIC, ECONOMIC & TECHNICAL FINDINGS