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Leadership and Deliberate Action

Paul A. DeCotis's picture
Senior Partner, Head East Coast Energy & Utilities West Monroe

Paul A. DeCotis is senior partner and east coast lead for West Monroe's Energy & Utilities practice, based in New York City. He leads the firm’s executive advisory and regulatory offerings...

  • Member since 1999
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  • Mar 21, 2022
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Government clean energy and decarbonization aspirations are laudable and necessary to drive private sector investment toward achievement of goals. Plans and goals are also laudable and necessary for driving change. P

ublic policy and government support coupled with private investment are necessary to implement initiatives to put such aspirational goals on a trajectory to be met. It’s clear that to achieve the states’ climate goals significantly more public and private investment is needed.

Alignment among diverse stakeholders, whether climate change believers or deniers, and a clear call-to-action is necessary to bring about the positive economic, environmental, and social change the US and like-minded countries are already benefiting from through investments in clean energy.

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Julian Jackson's picture
Julian Jackson on Mar 25, 2022

Do you think that government investment comes first?  Or do you think that the social change that you mention, for example, communities agitating for cleaner energy is the first step to push government organisations into action?  How important are financial incentives for the private sector?

Paul A. DeCotis's picture
Paul A. DeCotis on Mar 30, 2022

Government leadership and articulation of vision has to coincide with private sector interests. Government incentives help to spur private investment toward the vision, and public sentiment drives the political agenda. At the moment, energy policy leadership is driven by states which provides for 50 different perspectives and points of view. The need is for a single yet multidimensional federal energy policy with states aligning to support it and likely, if energy policy allows for transition and innovations, most all states and industries will have something to gain.

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