37 min
Climate Change as the Foremost Challenge of Our Generation with Dr. Ralph Izzo, Chairman, President and CEO of PSEG Leadership Lyceum: A CEO's Virtual Mentor
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The Earth Day Episode - A CEO’s Virtual Mentor Episode 21
Climate Change as the Foremost Challenge of Our Generation with Dr. Ralph Izzo, Chairman, President and CEO of PSEG
Happy Earth Day Weekend. Monday, April 22nd is Earth Day. In celebration and recognition, we welcome you to our special Earth Day 2019 episode.
I am joined by Dr. Ralph Izzo, Chairman, President and Chief Executive Officer of Public Service Enterprise Group (PSEG) in Newark, New Jersey. This Episode 21 covers a number of topics relevant to our Mother Earth including the subject of climate change which Dr. Izzo considers to be the foremost challenge of our generation. Our sweeping climate-oriented discussion ranges from the utility industry’s role in combatting climate change, PSEG’s actions and service orientation, cognitive biases in political decisioning, the insurance industry’s role, and nuclear energy’s opportunities in the war on climate change, among other items.
Newark, New Jersey-based PSEG has a $30 billion market capitalization as a public utility holding company that provides regulated electric and gas service through its subsidiaries, as well as investing in solar generation projects and energy efficiency programs.
Dr. Ralph Izzo has served as President and CEO since 2007. His educational foundation is in mechanical engineering and physics. He holds a PhD in Applied Physics from Columbia University.
We express our special thanks to the clients of Lyceum Leadership Consulting that enable us to bring you this podcast.
Thanks for listening. We can’t improve without your feedback – write us through our website www.LeadershipLyceum.com and subscribe wherever you listen to your podcasts.
Informative and Helpful Links:
Illustration of the omission bias through the trolley problem - 1 min 37 sec
Program Guide Earth Day Episode
Climate Change as the Foremost Challenge of Our Generation with Dr. Ralph Izzo, Chairman, President and CEO of PSEG
0:00 Introduction to Episode 21 and Dr. Ralph Izzo, Chairman, President and CEO of PSEG
2:33 Introduction of Climate Change as the foremost challenge of our generation
7:08 A board of directors’ role and interaction with society beyond the boundaries of the corporation
10:44 Break 1
11:06 A utility company’s natural position of responsibility and influence in society.
13:16 PSEG’s actionable steps for society: Step 1 - Energy efficiency and reference to Lyceum’s Earth Day 2018 Episode 15 on Energy Efficiency
15:17 PSEG’s actionable steps for society: Step 2 – Clean energy production and supply
15:52 PSEG’s actionable steps for society: Step 3 – Reliability of energy supply
16:39 Break 2
16:54 What’s in a name? “Public Service” Enterprise Group
21:10 The human affinity to socialize and associate with reference to Lyceum’s Episode 18 on Associations and Alexis de Tocqueville
22:55 Break 3
23:14 Cognitive Bias in group decisions on climate change and the role of policy
29:24 Break 4
29:42 The role of nuclear energy in combatting climate change
29:54 What is working against the expansion of nuclear energy in the US?
34:04 The insurance industry’s role in combatting climate change. Reference to Lyceum’s article: Risk & Reward: The Insurance Sector on the Climate Frontlines
35:54 Concluding statements - optimism in the face of climate change.
Biographies of Guests
Dr. Ralph Izzo
Ralph Izzo was elected chairman and chief executive officer of Public Service Enterprise Group Incorporated (PSEG) in April 2007. He was named the company’s president and chief operating officer and a member of the board of directors of PSEG in October 2006. Previously, Dr. Izzo was president and chief operating officer of Public Service Electric and Gas Company (PSE&G).
Since joining PSE&G in 1992, Dr. Iz
The Earth Day Episode - A CEO’s Virtual Mentor Episode 21
Climate Change as the Foremost Challenge of Our Generation with Dr. Ralph Izzo, Chairman, President and CEO of PSEG
Happy Earth Day Weekend. Monday, April 22nd is Earth Day. In celebration and recognition, we welcome you to our special Earth Day 2019 episode.
I am joined by Dr. Ralph Izzo, Chairman, President and Chief Executive Officer of Public Service Enterprise Group (PSEG) in Newark, New Jersey. This Episode 21 covers a number of topics relevant to our Mother Earth including the subject of climate change which Dr. Izzo considers to be the foremost challenge of our generation. Our sweeping climate-oriented discussion ranges from the utility industry’s role in combatting climate change, PSEG’s actions and service orientation, cognitive biases in political decisioning, the insurance industry’s role, and nuclear energy’s opportunities in the war on climate change, among other items.
Newark, New Jersey-based PSEG has a $30 billion market capitalization as a public utility holding company that provides regulated electric and gas service through its subsidiaries, as well as investing in solar generation projects and energy efficiency programs.
Dr. Ralph Izzo has served as President and CEO since 2007. His educational foundation is in mechanical engineering and physics. He holds a PhD in Applied Physics from Columbia University.
We express our special thanks to the clients of Lyceum Leadership Consulting that enable us to bring you this podcast.
Thanks for listening. We can’t improve without your feedback – write us through our website www.LeadershipLyceum.com and subscribe wherever you listen to your podcasts.
Informative and Helpful Links:
Illustration of the omission bias through the trolley problem - 1 min 37 sec
Program Guide Earth Day Episode
Climate Change as the Foremost Challenge of Our Generation with Dr. Ralph Izzo, Chairman, President and CEO of PSEG
0:00 Introduction to Episode 21 and Dr. Ralph Izzo, Chairman, President and CEO of PSEG
2:33 Introduction of Climate Change as the foremost challenge of our generation
7:08 A board of directors’ role and interaction with society beyond the boundaries of the corporation
10:44 Break 1
11:06 A utility company’s natural position of responsibility and influence in society.
13:16 PSEG’s actionable steps for society: Step 1 - Energy efficiency and reference to Lyceum’s Earth Day 2018 Episode 15 on Energy Efficiency
15:17 PSEG’s actionable steps for society: Step 2 – Clean energy production and supply
15:52 PSEG’s actionable steps for society: Step 3 – Reliability of energy supply
16:39 Break 2
16:54 What’s in a name? “Public Service” Enterprise Group
21:10 The human affinity to socialize and associate with reference to Lyceum’s Episode 18 on Associations and Alexis de Tocqueville
22:55 Break 3
23:14 Cognitive Bias in group decisions on climate change and the role of policy
29:24 Break 4
29:42 The role of nuclear energy in combatting climate change
29:54 What is working against the expansion of nuclear energy in the US?
34:04 The insurance industry’s role in combatting climate change. Reference to Lyceum’s article: Risk & Reward: The Insurance Sector on the Climate Frontlines
35:54 Concluding statements - optimism in the face of climate change.
Biographies of Guests
Dr. Ralph Izzo
Ralph Izzo was elected chairman and chief executive officer of Public Service Enterprise Group Incorporated (PSEG) in April 2007. He was named the company’s president and chief operating officer and a member of the board of directors of PSEG in October 2006. Previously, Dr. Izzo was president and chief operating officer of Public Service Electric and Gas Company (PSE&G).
Since joining PSE&G in 1992, Dr. Iz
37 min