Today I spoke before the House Select Committee on Energy Independence and Global Warming, highlighting the importance of setting realistic goals that take into account the state of technology and the economy. There are many challenges facing international climate negotiations, but there is an opportunity for the U.S. government and the business community to play a crucial role in the series of talks this year. More than 180 nations are working through the United Nations Framework Convention on Climate Change to complete a new arrangement to address climate change in Copenhagen, Denmark at the end of 2009.

It is time to recognize that smart energy policies and wise investments will make the largest contribution to reducing greenhouse gas emissions. When faced with unprecedented economic challenges and growing global energy demand, it is clear that energy and climate change must be addressed in a way that promotes the economic growth necessary to drive technological innovation and environmental protection. We must have an integrated energy strategy that ensures energy security, increases economic growth, reduces pollution, and mitigates greenhouse gas emissions

We cannot mandate what global technology cannot yet deliver. A global solution must ensure international participation and effective commitments by all major emitting countries, including developing countries. In addition, it should consider growing energy needs, resources, and circumstances of all countries and ensure protections for intellectual property rights and the rule of law.

You can find my written testimony here.