SACC-NY, the Swedish-American Chamber of Commerce, New York recently organized the Green Summit environmental seminar. Rising temperatures are causing catastrophes, and it’s time to turn our focus away from the stock exchange and zoom in on climate issues, said Christian Azar, professor and environmental researcher at Chalmers University of Technology when he opened the seminar. Guest of honor was King Carl XVI Gustaf. In his speech, the King spoke of Sweden’s long tradition of caring for the environment: “The theme ‘Going Green’ is often discussed and protected in our country. The impact of climate change is perhaps one of the world's greatest challenges. The global temperature is rising, and the consequences of the global warming can be serious, not least in developing countries. However, awareness is rising! Climate change has become a major concern for scientists, as well as politicians and business leaders.”

Around 250 participated in the event held at Citibank, Park Avenue, NYC with several well-known Swedish business profiles among them: Ericsson’s CEO Carl-Henric Svanberg: Volvo’s leaving President Fredrik Arp; SAAB’s Managing Director Jan Åke Jonsson; SCA’s CEO Jan Johansson; Vattenfall’s CEO Lars G. Josefsson; and, Skanska’s Chief Executive Officer Stuart Graham.

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A Royal Green Award Dinner was held at Tavern of the Green where the SACC Deloitte Green Award was presented to the winner, Swedish Biofuels. The finalists for the Green Award were Ageratec, Chemrec, Opcon, and Swedish Biofuels. The winner was announced by U.S. Ambassador to Sweden, Michael M. Wood, and the winning company's founder, Dr. Angelica Hull, received the prize from HM Carl XVI Gustaf at the dinner. Swedish Biofuels has developed motor fuels containing high energy biocomponents for standard motor engines and the technology to produce such biocomponents. In a new DARPA funded project, Swedish Biofuels applies their technology to jet fuel. (DARPA = Defense Advanced Research Projects Agency, a division of the U.S. Department of Defense.)

More info on SACC-NY: www.saccny.org on the U.S. Stockholm Embassy and Ambassador Wood's One Big Thing http://stockholm.usembassy.gov