Yesterday marked the conclusion of the Reuters Global Environmental Summit, which brought together dozens of environmental and industry leaders in New York, San Francisco and Washington D.C.
Michael Brune, the executive director of nonprofit group the Rainforest Action Network, spoke about the promise and difficulties of establishing a system to fund the preservation of tropical forests in developing countries.
Steven Chan, Suntech Holdings' (NYSE: STP) chief strategy officer spoke about continuing demand for solar. He said that demand continues to exceed supply, however average selling prices are expected to decline in the next year.
Venture capitalist Vinod Khosla explained what he is looking for as he places bets on alternative technologies that could potentially make at least 80% of global energy consumption cleaner in the next few years.
Johnson Controls (NYSE: JCI) president Alex Molinarol said his company's hybrid battery business will be profitable within five years and that electric cars are poised to dominate the green-car market despite the fact that demand is currently way below where it needs to be.
Bill Valentine, chairman of HOK, one of the world's largest green architecture firms, said the current financial downturn could spur demand for sustainably designed buildings and communities.