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Southern Company CEO Tom Fanning addresses wide-ranging issues on CNBC's "Squawk Box"
On June 30, 2015, Southern Company CEO Tom Fanning guest hosted CNBC's "Squawk Box," covering a wide range of topics, including the company's use of innovative, emerging technologies, the industry's cybersecurity efforts, and the U.S. Supreme Court decision to remand the EPA's MATS rule back to the D.C. Circuit.
"In any element of corporate strategy you need offense and defense… whether it's a solar panel on your rooftop or a fuel cell in your basement… We are trying to invent our future, not be driven by it."
VIDEO: With an industry leadership role in coordinating with federal agencies to protect the electric grid as chair of the Electricity Sub-sector Coordinating Council, Fanning discusses cybersecurity efforts with the Department of Energy's deputy secretary, Liz Sherwood-Randall
"It is an enormous task. One of the things I am so glad about, being able to work with folks like Liz [Sherwood-Randall], and the Department of Energy, and then across with Homeland Security, and a variety of other sectors, is that we are now working in real time trying to pull together this interconnection and create a common defense."
"In our industry, [utilities] have to balance clean, safe, reliable and affordable energy for the benefit of the customers we serve. The only other entity in America that has the lens to make that balanced bet is Congress."
Watch the full video:
VIDEO: Southern Company CEO Tom Fanning Guest Hosts CNBC's "Squawk Box"