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May 15, 2019

Assemblywoman Lorena Gonzalez
Chair, Assembly Appropriations Committee
State Capitol, Room 2114
Sacramento, CA 94249
 
Assembly Speaker Anthony Rendon
State Capitol, Room 219
Sacramento, CA 94249

Dear Chairwoman Gonzalez and Speaker Rendon:
 
As members and supporters of E2 (Environmental Entrepreneurs), we are writing in strong support of Assembly Bill 383 (Mayes, Friedman).  This bill would create a centralized Clean Energy Financing office within the Office of the Treasurer to provide strategic leadership for coordinated public and private investment to mitigate greenhouse gas emissions. 
 
E2 is a national, nonpartisan group of business leaders, investors, and professionals from every sector of the economy who advocate for smart policies that are good for the economy and good for the environment. Our members have founded or funded more than 2,500 companies, created more than 600,000 jobs, and manage more than $100 billion in venture and private equity capital.
 
California has been a global leader in addressing climate change and the strong suite of state programs and funding sources dedicated to clean energy development are a testimony to this commitment.  California’s strategic policy leadership has created markets and driven significant investment and job growth in California’s clean energy economy.  In fact, according to E2’s 2019 Clean Jobs America report, California leads the nation with almost 513,000 jobs in sectors ranging from renewable energy generation, clean fuels and transportation, and energy efficiency. 
 
Yet, California’s critical climate change mitigation work to date – and the strength of our clean energy economy - represents only a fraction of what must be done to achieve our state’s ambitious greenhouse reduction and carbon neutrality goals.  Furthermore, our state’s tremendous public funding dedicated to advancing the clean energy economy is insufficient to drive the innovation and carbon-free energy generation necessary; significant private investment must be leveraged.  
 
AB 383, and the Clean Energy Financing office it will create, will play a key role of bridging the gap that exists between public resources and programs and the needs of the private sector and facilitate private capital to help finance clean energy.  It is not a new government program and should take minimal resources to implement. Specifically, AB 383 would take two important steps. 
  1. This bill would coordinate the forty existing clean energy financing programs that live in various departments throughout state government.  This coordination will improve the effectiveness of such programs, which are currently siloed and do not communicate well with one another.  
  2. AB 383 would help facilitate the massive pools of private capital that are looking to finance clean energy projects.  Though we have many programs, the state has noted that public money alone will not be enough to provide the financing necessary to meet California’s greenhouse gas goals.  There are large, untapped and underserved clean energy markets that are not penetrated now due to lack of financing.  The ability to blend and connect large pools of capital to underserved markets won’t happen without the facilitation and partnership that this office could provide.
As business leaders who are creating jobs and driving economic growth in California, we appreciate your work to advance California’s clean energy economy. We thank you for your leadership and look forward to working with you on this important legislation. For additional information, please contact Andy Wunder at awunder@e2.org.

Sincerely,

Dan Abrams
President/CEO, Wynkoop Properties
Selora Albin
Certified Classical Homeopath, Selora Homeopathy
Ken Alston
Investment Manager, California Clean Energy Fund
Trevor Anderson
Policy Manager, Climate Action Reserve
Simon Andrews
Principal, Graphic Solutions
Sam Arons
Director of Sustainability, Lyft
Claire Baldwin
Jay Baldwin
Partner, Wind River Capital Partners, LLC
Frederick Baron
Partner, Cooley LLP
Kathy Baron
Kathy Barry
Private Healthcare Pracitioner
Caroline Bauhaus
Education Consultant, Equity & Access
Kayla Bauhaus
Support Engineer, Mapbox
Mark Bauhaus
Partner, Just Business
Tony Bernhardt, PhD
Northern California Director, Environmental Entrepreneurs
Larry Birenbaum
Former SVP, Cisco Systems
Janine Bisharat
Certified Public Accountant, Frank, Rimerman + Co. LLP
David Bowen
Consultant
Jen Boynton
Editor in Chief, Triple Pundit
Barbara Brenner Buder
Jim Bunch
Chairman, Green Chamber
Bob Burnett
Retired, Cisco Systems
Dennis Cagan
Peter Carson
Partner, Sheppard Mullin Hampton & Richter LLP
Priscilla Carson
Stacie Cheng
Director of Business Strategy and Operations, Dell
Roger Choplin
Proprietor / Owner, Our Earth Music, Inc.
Deborah Cincotta
Writer
Tom Cole
Venture Partner, TransLink Capital
Brent Constantz, PhD
CEO, Blue Planet
Martha Conway
Yair Crane
Amy Crowe
psychologist
Duncan Crowley
Systems Engineer, Birdi, Inc.
Mark Cunningham
Jayne Davis
Peter Davis
Retired Attorney
Rick DeGolia
Executive Chairman, Cimbal, Inc
Michael Delapa
DeLapa Consulting
Scott Dietzen
Chairman, Pure Storage
Patricia Durham
Rob Erlichman
Founder & President, Sunlight Electric, LLC
Jerry Feitelson
CEO, Agribody Technologies, Inc.
Anne Feldhusen
Consultant, Green Business Technology Marketing
Mary Finegan
Board Member, Morgan Family Foundation
Steve Fisher
Jon Foster
Chief Financial Officer, Zoox
Karen Francis
CEO, Academix Direct, Inc
Richard Frankel
Co-Founder, Rocket Fuel
Greg Gallo
Partner, DLA Piper US LLP
Penny Gallo
Of Counsel, DLA Piper US LLP
Lisa Gansky
Entrepreneur & Speaker, Digital Tapas
Bonnie Gemmell
CEO, Spicer Bags
Rob Gemmell
Addwater Marketing, Addwater Marketing
Vanessa Gerber
Marketing Associate, CleanFund
Jennifer Giles
Consultant, Verde Consulting Solutions
Nancy Gail Goebner
Owner, Gardenpeach Place
Wes Goldstein
Senior Partner, Hobbs & Towne, Inc.
Lorena Gonda Kiralla
Joan Green
Marianna Grossman
Founder and Managing Partner, Minerva Ventures
Bob Hambrecht
Partner, Allotrope Partners
Reed Hamilton
Owner, Grass Valley Grains
Doug Hammer
Mike Hart
CEO, Sierra Energy
Carol Hazenfield
Communications Coach
Sheryl Heckmann
James Higgins
Partner, Lakeside Enterprises
Jill Tate Higgins
General Partner, Lakeside Enterprises
Shiela Hingorani
First Vice President, Morgan Stanley
Ari Isaak
Founder and CEO, Evari GIS Consulting, Inc.
Christopher Jaap
Founding Attorney, Ridgeline Law Office Inc.
Charlene Kabcenell
Former Vice President, Oracle Corporation
Derry Kabcenell
Former Executive Vice President, Oracle Corporation
Arthur Keller
Managing Partner, Minerva Consulting
Tara Kelly
Director of Community Development, Sullivan Solar Power
Gavriella Keyles
Manager, Stakeholder Engagement, Future 500
Steven Kiralla
Virginia Klausmeier
CEO, Sylvatex
Judy Klein
Charly Kleissner
Co-Founder & Investor, KL Felicitas Foundation
Lisa Kleissner
Co-Founder, KL Felicitas Foundation
Charles Knowles
Executive Director, Wildlife Conservation Network
Stephanie Knowles
Chip Krauskopf
VP Business Development, Aditazz
Selene Lawrence
Director Of Government Affairs, Sullivan Solar Power
Felix Le Merle
Nicole Lederer
Chair and Co-Founder, Environmental Entrepreneurs
Rebecca Lee
David Levitt
Adler & Colvin
Kevin Levy
Attorney
Pyramyth Liu
COO, Hanergy
Jonathan Livingston
Founder & President, Livingston Energy Innovations, LLC
Deepa Lounsbury
Director of Products, Extensible Energy
Sonaar Luthra
CEO, Water Canary
Tracy Lyons
Drew Maran
Drew Maran Construction, Inc., Drew Maran Construction, Inc.
Camilla McCalmont
Tom McCalmont
President, McCalmont Engineering
Nancy McCarter-Zorner
Plant Pathologist
Jim McDermott
Managing Partner, U.S. Renewables Group
Evan McFarland
Investor,
Robin Mills
Patricia Mimeau
Carol Moné
Producer, Our Earth Productions
John Montgomery
President, Lex Ultima
Lisa Mortenson
Co-Founder, Chief Executive Officer, American Biodiesel, Inc. dba Community Fuels
Emilie Munger Ogden
Eleanor Musick
Partner, Musick Davison LLP
Jake Ness
Associate Director of Business Development, Lightapp
Carl Nettleton
President, Nettleton Strategies LLC
Armand Neukermans
Founder, Xros
Eliane Neukermans
Amanda North
Tori Nourafchan
Graham Noyes
Managing Attorney, Noyes Law Corporation
Anne O'Grady
Standish O'Grady
Managing Director, Granite Ventures, LLC
Doug Ogden
CEO, North Ridge Investment Management
Linda Oleson
CEO, Trillium Engineering
Calla Rose Ostrander
John Petro
Mark Roest
Marketing & International Development, Sustainable Energy Inc.
Evan Rosenberg
Senior Environmental Specialist, Los Angeles Metro
David Rosenheim
Founder and CEO, JobsWithImpact
Jackie Rosenheim
David Rosenstein
President, Intex Solutions
Julie Rudick
Stuart Rudick
Partner, Mindful Investors, LLC
Meg Ruxton
Partnerships Manager, Charge Across Town
Paul Salinger
VP, Marketing, Oracle
Kate Sandrini
Amy Santullo
California Clean Tech Open, Downtown College Prep Scholarship Committee
Michael Santullo
Co-Founder and Board Member, California Clean Tech Open
Jan Schalkwijk
Investment Adviser, JPS Global Investments
Lauren Scott
Paul B. Scott
Vice President, Advanced Technologies, Transportation Power Inc
Robert Segal
Segal Enterprises
Tim Sexton
Principal, Make Good Group
Rebecca Shaw
World Wildlife Fund
Barbara Simons
Research Staff Member, Retired, IBM Research
Divya Singh
Project Finance Associate, Cypress Creek Renewables
Jon Slangerup
Chairman and CEO, American Global Logistics
Fiona Smythe
VP, Strategy, mscripts
Mary Solecki
Partner, AJW, Inc.
Tony Stayner
Managing Director &Investor, Excelsior Impact Fund
Ed Supplee
Former CFO, UTStarcom
Sally Supplee
Former Chief Financial Officer
Michael Swords
VP of Government Relations, LA Cleantech Incubator
Sarah Szalavitz
Sven Thesen
Communication & Technology, Better Place
Cariad Thronson
CEO, Forefront Marketing & Communications
Robert Thronson
VP Marketing & Business Development, Vigilent
Bill Unger
Partner Emeritus, Mayfield Fund
Lorna Vander Ploeg
Mark Vander Ploeg
Retired, Investment Banker
Andy Verhalen
General Partner, Matrix Partners
Marilyn Waite
Donn Walklet
CEO, Terra-Vista, Inc.
Tracy Walklet
David Watson
Director & Investor, Ultra Captial
Dave Welch
President, Infinera Corporation
Heidi Welch
Clint Wilder
Contributing Editor, Clean Edge
Ellie Wilder
Yuri Yakubov
Director, Sales Operations, PlanGrid
Daniel Yates
Daniel Yost
Partner, Orrick, Herrington & Sutcliffe LLP
Jennifer Youstra
Paul Zorner
Locus Solutions

170 members

 

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