Electric Advantage: The Business Case for an Electrified Economy
We Mean Business Coalition’s white paper highlights how electrification is the fastest, most scalable way to both modernize and decarbonize the economy. It outlines how electrification delivers a blueprint for affordable, secure and competitive growth, creating prosperity for all.
The paper also introduces We Mean Business Coalition’s four-year Electric Advantage program as a platform for collective business leadership to modernize policy, unlock investment and accelerate deployment of clean electrification at scale.
Electric Advantage: The Business Case for an Electrified Economy
Competitiveness: Electrification readiness is emerging as an investment factor
Companies and investors are increasingly factoring “electrification readiness” into their decisions. Countries that make electrification easier to deploy at scale will be better placed to attract capital, strengthen industrial competitiveness and create jobs.
Competitiveness: Electrification readiness is emerging as an investment factor
Energy security: Electrification strengthens resilience to geopolitical shocks
Electrification, powered by domestically supplied renewables, strengthens energy security by shifting reliance from volatile, global commodity markets to predictable, controllable sources of electricity.
Energy security: Electrification strengthens resilience to geopolitical shocks
Affordability: Electrification reduces economy-wide energy costs
As clean power scales rapidly, electrification turns lower-cost electricity into economy-wide value – translating cheaper generation into long-term affordability, efficiency gains and more predictable energy costs.
Affordability: Electrification reduces economy-wide energy costs
10 Policy Principles to Seize the Electric Advantage
As businesses electrify, they need governments to provide clear and consistent signals of support for direct electrification combined with tailored policy packages that target both system-wide and sector-specific barriers.
We developed these 10 policy principles to unlock business action and investment. Taken together, these principles will help accelerate the transition to electrification.
10 Policy Principles to Seize the Electric Advantage
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How businesses can engage
For general questions or to get involved with the Electric Advantage program: [email protected]
For media inquiries: Pascale Palmer, [email protected]
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How businesses can engage
