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February 12, 2004

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February 12, 2004 www.e2.org February 1, 2010 Dear Congressman: As members of Environmental Entrepreneurs (E2), we urge you to oppose proposals by Representatives Jerry Moran and Earl Pomeroy to overturn the Environmental Protection Agency’s authority to regulate greenhouse gas pollution. These proposals would diminish incentives to the private sector to invest in low carbon technologies, retarding much needed economic growth and job creation in the clean energy sector. E2 represents a national community of 850 business leaders who promote strong environmental policy to grow the economy. We are entrepreneurs, investors and professionals who collectively manage over $20 billion of venture capital and private equity, and have started well over 800 businesses which in turn have created over 400,000 jobs. The Clean Air Act is an example of how sensible policy can benefit both our environment and our economy. While improving air quality in our cities, reducing acid rain, and protecting the ozone layer, the law has also driven innovation in pollution control and industrial efficiency, minimizing cost to business. According to the Environmental Protection Agency (EPA), the health benefits of the Clean Air Act outweigh the costs by as much as a 40:1 ratio.1 In 2007 the U.S. Supreme Court ruled that global warming pollutants are covered under the Clean Air Act, and President Obama is carrying out the law by issuing clean vehicle standards and taking steps to ensure that large polluters use the best-available technology to reduce their global warming pollution. EPA is already working to ensure that these rules apply only to major emitters. At a time when the U.S. must transition to a clean energy economy to remain competitive, Moran’s and Pomeroy’s proposals are a step backward that we cannot afford. The growing clean energy sector represents our greatest opportunity to restore a robust economy and create new jobs. Investors and entrepreneurs in this sector are seeking to commercialize the innovations and technologies that will secure America’s position in the global economy. The Moran and Pomeroy proposals send the wrong market signal at the wrong time, undermining investor confidence in this critical industry. The House took a major step forward last June when it passed strong climate and energy legislation that will deploy America’s workforce, encourage business innovation, and promote U.S. leadership in 21st century clean technologies. We urge you to oppose and not cosponsor Representative Moran’s and Pomeroy’s proposals. Sincerely, The following 303 E2 members have signed this letter: 1 “Acid Rain Benefits Exceed Expectations” Environmental Protection Agency, April 14, 2009 (http://www.epa.gov/airmarkets/cap-trade/docs/benefits.pdf) NORTHERN CALIFORNIA, PACIFIC NORTHWEST NEW YORK & NEW ENGLAND SOUTHERN CALIFORNIA & ROCKY MOUNTAINS 40 West 20th Street 1314 Second Street 111 Sutter Street, Fl 20 New York, NY 10011 Santa Monica, CA 90401 San Francisco, CA 94104 TEL 212 727-2700 FAX 212 727-1773 TEL 310 434-2300 FAX 310 434-2 TEL 415 875-6100 FAX 415 875-6161 Curtis Abbott (CA) Bill Capp (MA) CEO, Lucesco Lighting Inc President & CEO, Beacon Power Corporation Maryvonne Abbott (CA) Jackie Capp (MA) Dan Abrams (CA) Oil Painter (retired dentist), JHC Studio President/CEO, Cross River Pictures Steve Chadima (CA) Fannie Allen (CA) Vice President, External Affairs, Suntech America Owner, MFA Designs John Cheney (CA) Channing Arndt (CO) CEO, Silverado Power, LLC Professor, Department of Economics, University of David Cheng (CA) Copenhagen Associate, Ridgewood Capital Christopher Arndt (NY) Stacie Cheng (CA) Partner, Select Equity Group, Inc. Strategic Director, Cheskin Patty Arndt (NY) Roger Choplin (CA) Principal, ONG Designs Vice President, Our Earth Music, Inc. George Bailey (CT) Deborah Cincotta (CA) IBM Writer Jay Baldwin (MA) George Cogan (CA) Partner, Wind River Capital Partners, LLC Director, Bain & Company, Inc. Frank Balluffi (NJ) Tom Cole (CA) Vice President Application Security, Morgan Stanley CEO, Consuming, Inc. Kathy Barry (CA) Brooke Coleman (WA) Lisa Bennett (CO) Assistant Professor, Seattle University Law School Jeff Bennett, Ph.D (CO) Ann Colley (NY) Founder, Big Kid Science Executive Director, The Moore Charitable Tony Bernhardt (CA) Foundation Physicist; Angel investor, Lawrence Livermore Stephen Colwell (CA) National Laboratory Executive Director, Sea Change Foundation Funds Aron Bernstein (MA) Daniel Conners (CA) Professor of physics, MIT Senior V.P. Financial Advisor, UBS Suzanne Biegel (CA) Katie Connor (CO) Maureen Blanc (CA) Lecturer, University of Colorado E2 Northern California Chapter Director, Tim Connor (CO) Environmental Entrepreneurs Partner, Sequel Venture Partners Dayna Bochco (CA) Joy Covey (UT) President, Steven Bochco Productions President, Beagle Foundation Steven Bochco (CA) Catherine Crystal Foster (CA) Steven Bochco Productions Consultant, Policy & Advocacy Consulting David Bowen (Canada) Jane Cuddehe (CO) Consulant Broker Associate, Coldwell Banker Devonshire George Brandt (CA) Michael Cuddehe (CO) Barbara Brenner Buder (CA) President, Seven Trust Advisors CFO, VP - Operations, The San Francisco Andrew Currie (CO) Theological Seminary Investor, Active Minds LLC Diane Brinkmann (CO) John Cusack (NY) Alan Buder (CA) President, Gifford Park Associates DISABILITY, n/a Peter Danzig (CA) Marisa Bueno (MT) Lynne David (VA) Doctoral Student, Stanford University Jayne Davis (CA) Bob Burnett (CA) Peter Davis (CA) Charlie Campbell (CA) Retired Attorney Financial Advisor, UBS Financial Services Inc. John Dawson (CA) Jamie Campbell (CA) Co-founder, Zentek Technology President, Investment Marketing Inc. Rick DeGolia (CA) Mary Campbell (CO) Executive Chairman, InVisM, Inc. Environmental Entrepreneurs February 1, 2010 Representatives Moran and Pomeroy's resolutions Oppose Letter page 2 of 6 Michael Delapa (CA) Ken Goldsholl (CA) DeLapa Consulting CEO, Movidis, Inc. Marco DeMiroz (CA) Nancy Goldsholl (CA) Managing Director, Selby Ventures Amy Goldstein (KS) Chris Dennett Director of Programs, National Multiple Sclerosis Industry Specialist, Account Management, Regence Society, Heartland Chapter Heather Dennett Lorena Gonda Kiralla (CA) Harry Dennis (CA) Jon Gordon (CO) Pediatrician, Palo Alto Medical Clinic Executive Vice President, JobPlex, Inc. Peggy Dennis (CA) Vicki Gordon (CO) Reid Dennis (CA) Connie Greenfield (CT) Managing Director, Institutional Venture Partners Stewart Greenfield (CT) Susan Dennis (CA) Chairman, Alternative Investment Group Fine Arts Advisor, Self-employed Marianna Grossman (CA) Barry Dicker (KS) President & Executive Director, Sustainable Silicon President, Decent Energy, Inc. Valley Eileen Donahoe (CA) L.D. Gussin (MA) Visiting Scholar, CISAC Principal, Cleanmotive Strategies John Donahoe (CA) Melody Haller (CA) CEO, eBay President, Antenna Group Michael Donovan (CO) Bob Hambrecht (CA) Ted Driscoll (CA) Elissa Hambrecht (CA) Venture Partner, Claremont Creek Ventures Jordan Harris (CA) Bob Epstein (CA) Founder, OZOcar Co-founder, Sybase, New Resource Bank, Julie Harris (CA) Environmental Entrepreneurs Berl Hartman (MA) Rob Erlichman (CA) E2 New England Chapter Director, Hartman Founder & President, Sunlight Electric, LLC Consulting Stephanie Farrell (CO) Hyman Hartman (MA) Steve Farrell (CO) E2, Massachusetts Institute of Technology Worldwide Coordinating Director, Humanity's Team Laura Hattendorf (CA) Worldwide Paula Hawthorn (CA) Lynn Feintech (CA) Carol Hazenfield (CA) Anne Feldhusen (CA) Susan Herrschaft (CA) Marketing Program Manager, Hewlett Packard Operations Manager, PricewaterhouseCoopers Nancy Floyd (OR) Alan Herzig (CA) Founder and Managing Director, Nth Power Independent Director Jon Foster (CA) James Higgins (CA) SVP Global Operations, Atempo Partner, Lakeside Enterprises Karen Francis (CA) Jill Tate Higgins (CA) Tod Francis (CA) General Partner, Lakeside Enterprises Founding Partner, Shasta Ventures Jerry Hinkle (VA) Louise Fry (NJ) Manager, Office of Federal Housing Enterprise Volunteer, ICCR Oversight Diane Garrett (CA) Katie Hoffner (CO) Todd Garrett (CA) Investment Consultant, WestMountain Alternative Aaron Gershenberg (CA) Energy Managing Director, Silicon Valley Bank Elaine Honig (CA) Nancy Gail Goebner (CA) Ted Huang (CA) Nancy Goebner Designs Project Manager, Webcor Builders Susan Goldhor (MA) Tom Jacoby (CA) Biologist, C.A.R.S. CEO, Tymphany Corporation Dan Goldman (MA) Wendy James (CA) EVP and CFO, GreatPoint Energy, Inc. President, Better World Group Diana Goldman (MA) Jeni James Arndt (CO) Founder, ICanPlanIt Director, Office of Field Experience, Walden University Environmental Entrepreneurs February 1, 2010 Representatives Moran and Pomeroy's resolutions Oppose Letter page 3 of 6 Nancy Jo (CA) John Loewy (CO) Leigh Johnson (CA) Attorney Dir. of Programs, Stanford Institute for the Alison Long Poetsch (CA) Environment Principal, SHR Investments Roy Johnson (CA) Teresa Luchsinger (CA) CEO, CaliSolar, Inc. Tracy Lyons (CA) Charlene Kabcenell (CA) ClearEdge Power, Inc., Mythic Records LLC Former Vice President , Oracle Corporation Steve MacKay (CA) Derry Kabcenell (CA) Principal, Scourie Network Partners Former Executive Vice President, Oracle Corporation Andrew Magee (MA) Jerome Kalur (MT) Senior Consultant, Epsilon Associates Attorney at Law Marguerite Manteau-Rao (CA) Christopher Kaneb (MA) Entrepreneur, blogger Principal, Catamount Management Corporation Drew Maran (CA) Anjali Kapur (CO) President, Drew Maran Construction, Inc. Rajan Kapur (CO) David Marcus (MA) CEO, Larankelo
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