ABU DHABI, UAE, November 18 /PRNewswire/ -- Rajendra Pachauri, Chair of the Intergovernmental Panel on Climate Change and a keynote speaker at the upcoming World Future Energy Summit in Abu Dhabi, has made a public call for governments across the world to stimulate research and development in innovation and technology - critical components for the dissemination of low-carbon energy technologies. The statement comes as heads of government from across the world are expected to declare their willingness to adopt ambitious emissions targets in the run up to the United Nations Climate Change Conference in Copenhagen.
The Intergovernmental Panel on Climate Change (IPCC) has assessed scenarios by which the climate of the earth can be stabilized. Based on that assessment Pachauri says, We need to invest now in the research development of new technologies to guarantee that long-terms goals can be met.
Pachauri believes the first step to achieving sustainable energy consumption must be taken by governments. This should be achieved by managing demand, leading to reduced public energy consumption by stimulating lifestyle changes and attaining higher levels of energy efficiency.
Market failures along the innovation chain require public spending to drive down the cost of technologies to a point where the carbon price can take over and accelerate their deployment. Estimates from the European Commission suggest that global public support for energy RD should at least double by 2012 and quadruple by 2020.
Pachauri highlights, There is significant scope, at the individual and community levels, to avoid wasting energy through changes in behaviour and improving energy efficiency by implementing appropriate technological solutions. This must of course all be done alongside a shift towards use of renewable sources of energy.
Between now and 2020, decisive actions are required to scale-up the deployment of a range of technologies, with renewable energy a major focus. However, many technologies have been made available but are not yet commercially proven, according to Pachauri.
The issues Pachauri highlights are among the topics slated for discussion at the upcoming World Future Energy Summit that will take place in Abu Dhabi, 18-21 January 2010. Related topics include Energy Policy Challenges, Sustainable Fuels Power Technologies, Carbon Capture Storage, Energy Efficiency Sustainable Transportation. http://www.worldfutureenergysummit.com
The World Future Energy Summit is held annually in Abu Dhabi, the capital of the United Arab Emirates, under the patronage of H.H. General Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. The Summit is hosted by Masdar, Abu Dhabi's multi-faceted future energy initiative, and is organised by Reed Exhibitions, the world's largest events organiser, together with Elsevier, the leading publishers of science information.
Together, the Summit and the concurrent World Future Energy and World Future Environment Exhibitions form one of the world's must-attend events in future energy and an outstanding networking and business opportunity for the energy and environment communities.
WFES 2009 attracted more than 600 exhibitors, 144 official delegations, more than 18,000 visitors from 84 countries, and 1,124 conference delegates. The third edition of WFES will be held in Abu Dhabi from January 18-21, 2010.
Deutsche Bank Climate Change Advisors is the principal sponsor of WFES 2010. Emirates Aluminium is Associate Sponsor, and Platinum Sponsors include BP Alternative Energy, Standard Chartered, Abu Dhabi Water and Electricity Authority, Oxy and the Abu Dhabi Department of Municipality Affairs.
For more information on the programme or to register, visit http://www.worldfutureenergysummit.com
DB Climate Change Advisors group (DBCCA) is the institutional and alternatives investment management business of Deutsche Asset Management, managing assets of institutional investors and high net worth individuals. DeAM is one of the leading climate change investors in the world, with approximately $4 billion under management as of March 2009. With a world-class in-house research team focusing on this theme, DeAM is an investment industry thought-leader on a broad range of climate change dynamics.
In June 2009, DBCCA launched the world's first scientifically valid, real-time carbon counter, a nearly 70-foot-tall digital billboard displaying the running total of long-lived greenhouse gases in the atmosphere in New York. The Carbon Counter Number is available 24 hours a day at http://www.know-the-number.com and updates are available at http://twitter.com/knowthenumber
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SOURCE: World Future Energy Summit
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