SPEAKERS at July 8 CCIA member education event: Leaders from Ernst & Young’s Assurance Services groups in Denver and Houston led the discussion.
Lisa Shepard – Partner, Assurance Services
Milan Hall – Senior Manager, Assurance Services
BACKGROUND: Will corporations lead cleantech out of the "valley of death?" - Despite the enthusiastic support for cleantech from governments and large companies all over the world, the journey for a cleantech product from prototype to commercial scale remains so difficult that many in the industry have taken to calling it "the valley of death."
How will the industry escape this predicament? Part of the answer may be new financing and corporate partnership models that satisfy the funding requirements of a capital intensive industry as an acceptable level of risk for investors.
Corporations are being driven to implement a resource-efficiency agenda based on cleantech to improve operations and reduce costs, respond to climate change, achieve sustainability goals, generate revenue, decrease dependency on fossil fuels and comply with current and anticipated regulations. With such compelling motivation, will corporations lead the way in providing financing to bring clean technologies to commercial deployment?
Introduction and CCIA overview by Exec Director Christine Shapard at the CCIA YouTube Channel:
Ernst & Young's Lisa Shepard and Milan Hall - First 10 minutes of presentation at the CCIA YouTube Channel:
Links to helpful E&Y support materials:
Ernst & Young: Cleantech Matters - The rising influence of corporations on cleantech growth - Slides: http://www.denverprnewsroom.com/sitebuildercontent/sitebuilderfiles/CleantechMattersSlides.pdf
Ernst & Young Publication: Cleantech Matters - Influence of Corporations on Cleantech Growth: http://www.denverprnewsroom.com/sitebuildercontent/sitebuilderfiles/cleantechmatterspublication.pdf
Ernst & Young Publication: Cleantech Matters - The Future of Energy: http://www.denverprnewsroom.com/sitebuildercontent/sitebuilderfiles/FutureofEnergy.pdf
Ernst & Young Publication: Action Amid Uncertainty: http://www.denverprnewsroom.com/sitebuildercontent/sitebuilderfiles/actionamiduncertainty.pdf