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May 29, 2008

Dear Senator,

As members of Environmental Entrepreneurs (E2), we support the Boxer-Lieberman-Warner Substitute to the Climate Security Act, S. 2191. This bill will invigorate our economy by providing a clear market signal and incentivizing U.S. investment in clean energy technology, alternative transportation technologies and fuels, and advanced energy and resource efficiency.

E2 represents a national community of 850 business leaders who believe in protecting the environment while building economic prosperity. As a group of 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. We believe the Lieberman-Warner Climate Security Act will engage the market in deploying the technological solutions needed to prevent global warming, our nation’s gravest environmental threat.

For the United States to maintain its position as a leader in the global energy market, the business community needs clear federal direction. The International Energy Association forecasts $22 trillion in global energy investments over the next twenty years. At the same time traditional energy resources will only grow scarcer and more expensive, driving demand for alternatives. Venture capitalists have already recognized this new market potential, investing $2.7 billion in clean-energy technology in 2007. The Climate Security Act will further stimulate investment in this enormously promising sector.

As the states that have already passed strong climate legislation demonstrate, driving investment toward clean energy makes economic sense. California’s multi-agency Climate Action Team, led by the Secretary of CalEPA, found that state’s Global Warming Bill, which requires emissions to be rolled back to 1990 levels by 2020, will increase Californians’ income by about $4 billion and provide approximately 83,000 jobs. Another recent study by the Economic Development Research Group of Boston shows that the economies of the nine Northeast and Mid-Atlantic states included in the Regional Greenhouse Gas Initiative (RGGI) will grow more by taking action to curb global warming than by allowing the electricity sector to continue business as usual. In fact the average residential consumer will save over $100 per year on energy bills in those states as a result of RGGI policies including increased investment in energy efficiency.

These results can be extended to the national scale. A new report from McKinsey & Company offers a credible roadmap to unlocking global warming solutions at little or no cost to the economy. The report examines the cost and market potential of more than 250 already demonstrated greenhouse gas abatement technologies and finds that the cost savings associated with increased energy efficiency will offset the expense of transitioning to an advanced low-carbon energy supply. However, to successfully seize the opportunities described in the McKinsey study businesses need a clear policy signal now.

The Boxer-Lieberman-Warner Climate Security Act is the key economic policy needed to stimulate investment in a low-carbon energy future and keep the United States at the forefront of technological innovation. We urge you to support the bill and send a clear signal to U.S. businesses to develop and deploy the next generation of clean-energy technologies, creating new markets and jobs benefiting producers and consumers alike.

Sincerely,

Dan Abrams (California)
President/CEO, Wynkoop Properties
Fannie Allen (California)
Owner, MFA Designs
Christopher Arndt (Colorado)
Private Investor & Author
Patty Arndt (Colorado)
Jay Baldwin (California)
Partner, Wind River Capital Partners, LLC
Jeff Bennett (Colorado)
Founder, Big Kid Science
Lisa Bennett (Colorado)
Tony Bernhardt, PhD (California)
Northern California Director, Environmental Entrepreneurs
Gino Borland (Washington)
Partner, Cake Ventures, LLC
Eric Bowen (California)
Vice President, Corporate Business Development & Legal Affairs, Renewable Energy Group
Marisa Bueno (Montana)
Doctoral Student, Stanford University
Jane Byrd (California)
Acting Director, Living Labs
Selcuk Cakir (Massachusetts)
Managing Partner, Ethos Capital
Priscilla Carson (California)
John Cheney (California)
CEO, Enera
Stacie Cheng (California)
Director of Business Strategy and Operations, Dell
George Cogan (California)
Partner, Bain & Company, Inc.
Tom Cole (California)
Venture Partner, TransLink Capital
Ann Colley (New York)
Jeff Crystal (New York)
COO, Voltaic Systems
Jane Cuddehe (New York)
Broker Associate, Coldwell Banker Devonshire
Michael Cuddehe (New York)
Principal, Strategic Global Advisors, LLC
Andrew Currie (Colorado)
Investor, Active Minds LLC
John Cusack (New York)
Financial Services Risk Management, Maplecroft Limited
Duncan Davidson (California)
Senior Advisor, NetServices Venture Group
Jean Davidson (California)
Managing Director, VantagePoint Venture Partners
Peter Davis (California)
Retired Attorney
John Dawson (California)
Co-founder, Zentek Technology
Rick DeGolia (California)
Executive Chairman, Cimbal, Inc
Anne Delehunt (California)
Marketing Consultant, Delehunt-Ricketts
Harry Dennis (California)
Susan Dennis (California)
Fine Arts Advisor
George Denny (Massachusetts)
Partner, Halpern Denny & Co
Sally DeSipio (Oregon)
Creative consultant and climate activist, Self-employed
Gary Dillabough (California)
Principal, The Westly Group
Christopher Dillion (Illinois)
President, Campbell Coyle
Todd Dipaola (California)
President, Checkpoints
Bob Ditchey (California)
Principal, Robert Ditchey
Ted Driscoll (California)
Partner, Digital Healthcare Lead, Claremont Creek Ventures
David Duehren (Massachusetts)
Co-founder, Brooktrout Techology
Dave Edwards (California)
Chief Executive Officer, Koru
Niko Elmaleh (New York)
Vice President, World-Wide Holdings Corp.
Bob Epstein (California)
Co-Founder, Sybase, New Resource Bank, Environmental Entrepreneurs
Christina Erickson (Massachusetts)
Managing Director, WONDROS
Rob Erlichman (California)
Founder & President, Sunlight Electric, LLC
Chris Eyre (California)
Managing Director, Legacy Venture
Hedy Eyre (California)
Lynn Feintech (California)
Anne Feldhusen (California)
Consultant, Green Business Technology Marketing
Bob Fisher (California)
Chair, Gap, Inc.
Randi Fisher (California)
Peter Fortenbaugh (California)
Executive Director, Boy and Girls Club of the Peninsula
Allison Friedman (Massachusetts)
VP Business Development, Co-Founder, Rate It Green
Gil Friend (California)
Chief Sustainability Officer, City of Palo Alto
Andy Funk (California)
Managing Director, Funk Ventures
Kristi Funk (California)
Kristi, Pink Lotus Medical
Don Garman
Senior Vice President, Senior Portfolio Manager, Morgan Stanley - Global Wealth Management
Mindy Garman
Nancy Gail Goebner (California)
Owner, Gardenpeach Place
Dan Goldman (Massachusetts)
Co-Founder and Managing Partner, Clean Energy Venture Group
Diana Goldman (Massachusetts)
Founder, ICanPlanIt
L.D. Gussin (Massachusetts)
Principal, Cleanmotive Strategies
Joseph Guth (California)
Senior Corporate Counsel, Novartis
Tom Haggin (California)
Retired
Vicki Haggin (California)
Greg Hale (New York)
Senior Advisor to the Chairman of Energy & Finance, Office of the Governor of NY
Debbie Hall (California)
Chair of the Board, Village Enterprise Fund
Russell Hall (California)
Managing Director, Legacy Venture
John Harper (Massachusetts)
Principal, Birch Tree Capital, LLC
Berl Hartman (Massachusetts)
E2 New England Chapter Director, Hartman Consulting
Hyman Hartman (Massachusetts)
Research Scientist, Massachusetts Institute of Technology
Carol Hazenfield (California)
Communications Coach
Heather Henriksen (Massachusetts)
Director, Office for Sustainability, Harvard University
James Higgins (California)
Partner, Lakeside Enterprises
Jill Tate Higgins (California)
General Partner, Lakeside Enterprises
Nathalie Hoffman (California)
Managing Member, California Renewable Energies LLC
Rick Holmstrom (California)
Partner & Vice Chairman, Menlo Equities
Colin Horowitz (California)
Janet Huseby (California)
Volunteer coordinator, Berkeley High School
Tom Jacoby (California)
CEO, Tymphany Corporation
Charlene Kabcenell (California)
Former Vice President, Oracle Corporation
Derry Kabcenell (California)
Former Executive Vice President, Oracle Corporation
Christopher Kaneb (Massachusetts)
Principal, Catamount Management Corporation
Timothy David Karsten (California)
TDKA Group
Holly Kaufman (California)
CEO, Environment & Enterprise Strategies
Robert Keith (Montana)
Principal, Beartooth Capital Partners
Michele Kirsch (California)
Co-founder, Kirsch Foundation
Steve Kirsch (California)
CEO, Propel Accelerator
Karinna Kittles Karsten (California)
Charles Knowles (California)
Executive Director, Wildlife Conservation Network
Chip Koch (California)
Partner, Petrosus Energy
Stephen Koch (California)
Principal, Resource Real Estate Group, Inc.
Karen Krucik
Business Development Manager, Vision Developers
Gina Lambright (California)
Managing Partner, TOZ Consulting
Ray Lane (California)
General Partner, Kleiner Perkins Caufield & Byers
Sue Learned-Driscoll (California)
Administrator, Stanford University
Nicole Lederer (California)
Chair and Co-Founder, Environmental Entrepreneurs
Betty Lee (California)
Craig Lewis (California)
Founding Principal, RightCycle & CLEAN Coalition
Shannon Lewis (California)
Tony Lijphart (California)
Director, User Experience, U Grok It
Tracy Lyons (California)
Steve MacKay (California)
Principal, Scourie Network Partners
Michelle Madden (New York)
Founder, Inspired Media
Marguerite Manteau-Rao (California)
Entrepreneur, blogger
Drew Maran (California)
Drew Maran Construction, Inc., Drew Maran Construction, Inc.
Ryan Martens (Colorado)
Founder, Rally Software Development
Christine Martin (California)
Clinical Nurse Specialist, San Francisco General Hospital
Nancy McCarter-Zorner (California)
Plant Pathologist
Patti McClung (California)
David Miller (Massachusetts)
Executive Managing Director, Clean Energy Venture Group
Karen Miller (Massachusetts)
President, Belly Shmooze
Kate Mitchell (California)
Co-Founder and Partner, Scale Venture Partners
Wes Mitchell (California)
Board Member, Foto Forum, SFMOMA
Rob Moir (Massachusetts)
President, Ocean River Institute
Peter Molloy (California)
Lecturer, UC Berkeley
Allen Morgan (California)
Principal, Mayfield
Ted Moriarty (Massachusetts)
Owner, Smart Watering Company
Catherine Morrow (Pennsylvania)
Jay Morrow (Pennsylvania)
Senior VP, AIG Property Casualty
Anne Murphy (Massachusetts)
Gib Myers (California)
Partner Emeritus, Mayfield Fund and Founder/board of the Entrepreneurs Foundation
Susan Myers (California)
Wendy Neu (New York)
CEO, Hugo Neu Corporation
Armand Neukermans (California)
Founder, Xros
Eliane Neukermans (California)
Rick Nowels (California)
Jay Nussbaum (New York)
Attorney, Ginsburg & Redmond, P.C.
Kathy Nyrop (California)
Consultant
David O'Leary (Maryland)
Angel Investor, Investor's Circle
Larry Orr (California)
General Partner, Trinity Ventures
Alex Osadzinski (North Carolina)
Chief Marketing Officer, Relias Learning
Jiali Osadzinski (North Carolina)
Jack Oswald (California)
CEO, SynGest Inc.
Jim Panttaja (California)
R&D Advisor, Conversa Health
Mary Panttaja (California)
Vice President, Product Management, RebelVox
Mark Parnes (California)
Attorney, Wilson Sonsini Goodrich & Rosati
Matt Peak (Indiana)
Director of Clean Technologies, Prize Capital, LLC.
Marina Pelosi (California)
Sam Perry (Massachusetts)
President, Ascendance Ventures
Prad Rao (California)
Investor
Grant Ricketts (California)
CEO and Co-Founder, Tripos Software, Inc.
Kate Ridgway (California)
Real Estate Professional
Jonathan Rose (New York)
President, Jonathan Rose Companies
Amy Roth (California)
Laurie Rothenberg (New York)
Julie Rudick (California)
Stuart Rudick (California)
Partner, Mindful Investors, LLC
Eric Schmidt (California)
Executive Chairman, Google
Wendy Schmidt (California)
Founder, The 11th Hour Project
David Schwartz (California)
Anneke Seley (California)
CEO, ALIO Inc.
Deena Semler (Oregon)
Gregg Semler (Oregon)
Lucid Energy
Joel Serface (Colorado)
Managing Director, Catalyze
Marita Seulamo-Vargas (California)
Journalist, Freelance
Cynthia Sexton (California)
Tim Sexton (California)
Principal, Make Good Group
Laura Shenkar (California)
Principal, Artemis Water Strategy
Steve Shoap (Massachusetts)
inventor
David Silverglide (California)
Co-Founder/CEO, Mixt Greens
Bill Simpson (California)
Attorney
Lori Sinsley (California)
Principal, All Things Green PR, All Things Green PR
Jon Slangerup (California)
Chairman and CEO, American Global Logistics
Bob Smith (California)
Former COO & CFO, Nellcor Inc.
Jennifer Solow (California)
Author
Marc Stolman (California)
Attorney, Stolman Law office, E2 Climate Project Leader
Tricia Stone (California)
Founder, Stone Communications
Ed Supplee (California)
Former CFO, UTStarcom
Sally Supplee (California)
Former Chief Financial Officer
Leslie Swallow (California)
Gary Swart (California)
General Partner & Investor, Polaris Partners
Kathy Swart (California)
Jim Sweeney (Massachusetts)
President, Sustainable New Energy
Cariad Thronson (California)
CEO, Forefront Marketing & Communications
Robert Thronson (California)
VP Marketing & Business Development, Vigilent
Bill Unger (California)
Partner Emeritus, Mayfield Fund
Kathleen Unger (California)
Of Counsel, Freeman, Freeman & Smiley
Stephen Unger (California)
Managing Director, KSMU, LLC
Thomas Van Dyck (California)
Senior Vice President, RBC Wealth Management
Chris Vargas (California)
Founder, Cleantech Circle LLC
Maria Vidal (California)
Lisa Wan (Wyoming)
Mark Wan (Wyoming)
Founding Partner, Three Arch Partners
Dave Welch (California)
President, Infinera Corporation
Heidi Welch (California)
Robert Wilder (California)
CEO, WilderShares, LLC
Diana Williams (California)
Tonia Wisman (California)
Robert Wright (California)
Principal/CEO, Marketing Arts, Inc.
Ion Yadigaroglu (California)
Managing Partner, Capricorn Investment Group
Daniel Yost (California)
Partner, Orrick, Herrington & Sutcliffe LLP
Paul Zorner (California)
Locus Solutions

193 members

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