Increased Energy Innovation, Investment and Productivity is Critical to U.S. Competitiveness,...

Increased Energy Innovation, Investment and Productivity is Critical to U.S. Competitiveness, says Council on Competitiveness President Deborah L. Wince-Smith

WASHINGTON--(Business Wire)--Council on Competitiveness president Deborah L. Wince-Smith made
the following statement today in response to the energy security
initiatives President 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 an
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."

ABOUT THE COUNCIL ON COMPETITIVENESS -- The Council on
Competitiveness is the only group of corporate CEOs, university
presidents and labor leaders committed to the future prosperity of all
Americans and enhanced U.S. competitiveness in the global economy
through the creation of high-value economic activity in the United
States. www.compete.org

Council on Competitiveness
Jennifer Carr, 202-969-3405
jcarr@compete.org

Copyright Business Wire 2008