Gerard Anderson on supply chain security
From Policy Talks @ the Ford School: Gerry Anderson on energy policy and Michigan's economic recovery · · University of Michigan
“I think there is an appetite to see a material portion of that reshored. Whether we will see that play through in policy as part of the infrastructure bills that are coming, I don't know, we'll have to see it. I think it's too early to say on that. But it's not lost on people who are becoming dependent on that.”
On , Gerard Anderson, Former Chairman & Chief Executive Officer at DTE Energy, spoke about supply chain security during Policy Talks @ the Ford School: Gerry Anderson on energy policy and Michigan's economic recovery on University of Michigan.
About Gerard Anderson
In an April 2021 appearance at the Ford School, former DTE Chairman and CEO Gerry Anderson discussed energy policy and Michigan's economic recovery from COVID-19. Anderson stated that the utility industry is "desirous of trying to establish what we call an ambitious, but technically grounded clean energy standard," and said the industry favors such a standard over a carbon fee because a fee "doesn't necessarily correlate to a known carbon reduction." He noted that DTE announced in early 2017 a plan to reduce carbon emissions 80% and retire its coal plants, and described the reaction as "overwhelmingly positive." Anderson also addressed the Texas power crisis, attributing high residential bills to a deregulated market where "marketers can pass through the provider spikes to homeowners." He distinguished between rates and bills, saying DTE has "relatively high rates and relatively low bills" due to lower electricity usage in Michigan. Anderson also reflected on the pandemic's impact, predicting that reduced business travel would be a "permanent change for the better in terms of lower energy use," while noting that home energy use had risen and was "likely to be permanent, too." He served as co-chair of the Michigan Economic Recovery Council, which was tasked with forming a reopening plan during the pandemic.