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Asia-Pacific Business Symposium, PBEC/EWC Conference

Posted on Nov 10, 2011 in Dept. of Business, Economic Development and Tourism, Economic Development, State Energy Office

The Asia-Pacific Business Symposium held a two-day series of workshops, November 9-10, held in conjunction with APEC 2011 Leaders’ Week. The event was sponsored by the Pacific Basin Economic Council (PBEC), the East-West Center (EWC) and supported by the APEC Business Advisory Council (ABAC). The Symposium was a gathering of business leaders from around the Asia-Pacific Region, including many attendees of APEC Leaders’ Week, to discuss various topics related to trade, sustainability, and other issues of importance to the region. 

Of significance importance to the Hawaii Clean Energy Initiative was the “Economic Development Through Energy Independence” session.

Economic Development Through Energy Independence
As the region builds its economic and energy resiliency, tangible models are emerging of regional economic development driven by energy independence. Economic development focuses on strtegies to spur capital investments to grow the economy, generate markets and businesses, create jobs, develop skilled workforce, and generate tax revenues to improve and expand public services and infrastructure. Now, more than ever, energy is playing a key role in successful economic development strategies and breaking new grounds in Hawaii. The infusion of capital investment in Hawaii’s clean energy industries, which is expected to reach $1.2 billion in 2011, and the proliferation of distributed renewable energy systems and projects, generate thousands of green jobs. These are results of the Hawaii Clean Energy Initiative, launched in 2008 as a partnership between the State of Hawaii and the U.S. Department of Energy (USDOE). This US national test bed and model provides a framework for sustained action to reduce Hawaii’s dependence on imported fossil fuel by at least 70% by 2030. Panelists will speak on successful clean energy transformation programs that promote economic development, and the critical role that the energy market plays in economic growth and development.

Panel

Qiang Yao, Ph.D., Professor, Department of Thermal Engineering, Tsinghua University, People’s Republic of China
(Click for presentation)

Steve Lindenberg, Senior Advisor, Renewable Energy, U.S. Department of Energy
(Click for presentation)

Richard C. Lim, Director, Dept of Business, Economic Development and Tourism, State of Hawaii
(Click for presentation)

Dr. Phyllis Yoshida, Deputy Assistant Secretary for Asia, Europe and the Americas, U.S. Department of Energy
(Click for presentation)

Moderated by Gerald Sumida, Chair, Hawaii Clean Energy Initiative (HCEI) and Partner, Carlsmith Ball LLP