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www.e2.org

July 8, 2013

President Barack Obama
The White House
1600 Pennsylvania Avenue, N.W.
Washington, DC 20500

Dear Mr. President:

As members of Environmental Entrepreneurs, we are writing to applaud your plan to cut carbon pollution and address the challenges of climate change with commonsense actions that will benefit both the environment and the economy. Climate change fueled by carbon pollution is already creating economic and environmental disruptions with costs that continue to rise the longer we wait to act. By committing to a firm timeline for reducing carbon pollution from power plants, taking strategic action to adapt U.S. infrastructure to the changing climate and assuming global leadership in climate policy, you have provided the clear direction the American business community needs to address the most pressing issue of our time.

E2 is a non-partisan, national community of business leaders who promote strong environmental policy to grow the economy. We are entrepreneurs, investors, and professionals from every sector of the economy who collectively have been involved in financing, creating or working in the early development of more than 1,400 companies, which have created over 500,000 jobs. Our members manage over $108 billion in private equity capital that will flow over the next several years into new companies.

Currently, EPA sets standards for smog, soot, and toxic pollution from power plants, but has no standards for carbon pollution from these plants. Carbon pollution is hurting the bottom lines of companies all across America, fueling weather related disasters, disrupting economic activity and imposing staggering costs on the economy. In 2012, the US suffered 11 weather events each costing more than $1 billion (i), with the cost of Superstorm Sandy alone expected to exceed $60 billion and the drought which afflicted half the country costing $11 billion. Indeed, a recent study from Munich Re, the world’s largest reinsurer, found that over the last 30 years weather related loss events in North America have quintupled, growing at a faster rate than anywhere else in the world.(ii)  

While the costs of climate change keep rising, so does the value of unleashing American innovation and entrepreneurship to solve this problem. The expanding clean energy sector is a powerful platform to restore a robust economy and create millions of new jobs in every sector, from manufacturing to farming. Even during the last years of recession and without a federal market signal on carbon pollution, the renewable energy and energy efficiency sectors have grown at record rates.

Over the last four years wind generation has doubled and solar capacity has grown by a factor of five (iii), and both have reduced costs by close to 40%.(iv)(v) Utility run efficiency programs investments have increased from $2.7 billion in 2007 to nearly $7 billion in 2011. Investments like these have created jobs across the economy, with the Bureau of Labor Statistics announcing earlier this year that the U.S. now has 3.4 million green jobs. Meanwhile, the environmental technology sector, which includes renewable energy generation, alone accounts for more than $300 billion in revenues, and 1.7 million jobs.(vi) 

The clean energy sector is ready to meet your call to double renewable energy production and implement efficiency improvements throughout the economy. As we’ve seen in the 35 states with renewable portfolio standards and more than 25 with energy efficiency standards, clear policy directives have led to an influx of private investments and job creation. For example the Kansas renewable portfolio standard has already helped to double installed wind capacity, creating more than 12,300 jobs for Kansas citizens, $13.7 million in payments to landowners annually, and $10.4 million in contributions to communities each year.(vii) 

And while renewable energy generation is key, your plan also correctly identifies energy efficiency as a huge opportunity to increase our energy supply. Whether in power plants, buildings or vehicles, energy efficiency upgrades have proven to save money while creating jobs. In Ohio alone, utility efficiency efforts passed in 2008 have created more than 3,800 jobs through 2011 and will create more than 32,000 jobs by 2025. And since implementation, these programs have saved businesses and consumers more than $100 million in utility costs.(viii) 

Federal standards to reduce carbon pollution from new and existing power plants and increase energy efficiency will provide the clear and sustained market signal businesses, entrepreneurs and investors require to commit significant funds to clean energy projects across the nation. This has been demonstrated in regions that have already implemented such standards and are reaping significant economic benefits. In the Northeast, the Regional Greenhouse Gas Initiative is successful in meeting its reduction targets as well as proving to be economically beneficial to the states involved. The region gained more than $1.6 billion in economic value, consumers saved $1.1 billion on electric bills, and over 16,000 jobs were created, since implementation in 2008.(ix)

Climate change is a global problem and will require a global solution. By ensuring American leadership on climate and clean energy policy, the innovations we develop domestically will also be the products and services we export to the expanding international market for clean energy, a multi-trillion dollar opportunity. U.S. manufacturers can be the leading global suppliers of cleaner cars, cleaner fuels, and cleaner power, and of technologies that improve industrial, power plant and building efficiency. These initiatives will also serve to make our nation more secure by promoting geopolitical stability and helping to avoid resource shortages leading to confrontations and humanitarian crises resulting from climate disruption. As the world’s strongest economy, America can and must lead in this arena.

Mr. President, your plan will lead to greater economic, energy, and national security for this country. By driving American innovation, investment and leadership in the clean energy economy, you are creating the roadmap to sustainable economic opportunity for generations to come.


(i) “Preliminary Info on 2012 U.S. Billion-Dollar Extreme Weather/Climate Events”, National Climatic Data Center, December 2012.
(ii) Kuczinski, Tony, “Severe Weather in North America”, Munich Re, October 2012. 
(iii) “Electric Power Monthly with Data for April 2013”, U.S. Energy Information Administration, June 2013. 
(iv) “U.S. Solar Market Insight Q1 2013”, Solar Energy Industry Association, June 2013. 
(v) Downing, Louise. “Wind Farm Operating Costs Fall 38% in Four Years, BNEF Says”, Bloomberg, November 2012. 
(vi) Environmental Business International, Inc., 2010. 
(vii) Anderson, Alan Claus, “The Economic Benefits Of Kansas Wind Energy”, Polsinelli Shughart, November 2012. 
(viii) Laitner, John. Energy Productivity: Efficiency Benefits to Power Ohio Jobs and the Economy, NRDC & Ohio Environmental Council, May 2012. 
(ix) Hibbard, Paul, “The Economic Impacts of the Regional Greenhouse Gas Initiative on Ten Northeast and Mid-Atlantic States”, Analysis Group, November 2011.


Sincerely,

Dan Abrams (California)
President/CEO, Wynkoop Properties
Mario Aieta (New York)
Partner, Satterlee, Stephens, Burke & Burke LLP
Fannie Allen (California)
Owner, MFA Designs
Christopher Arndt (New York)
Patty Arndt (New York)
Jay Baldwin (Massachusetts)
Partner, Wind River Capital Partners, LLC
Frederick Baron (California)
Partner, Cooley LLP
Kathy Baron (California)
Marriage Family Counselor, self-employed
Elizabeth Bekiroglu (Washington)
Pacific Northwest Director, Environmental Entrepreneurs
Dave Belote (Virginia)
Senior Vice President , Cassidy and Associates
Jeff Bennett (Colorado)
Founder, Big Kid Science
Lisa Bennett (Colorado)
Fiona Bensen (California)
Tod Bensen (California)
Director, WildAid
Maureen Berkley (Massachusetts)
Meredith Management Corp.
Eric Berman (Washington)
Angel VC
Tony Bernhardt, PhD (California)
Northern California Director, Environmental Entrepreneurs
Aron Bernstein (Massachusetts)
Professor of physics, MIT
Marcella Bernstein (California)
Stuart Bernstein (California)
Global Head, Clean Technology and Renewables and Venture Capital Coverage, Goldman Sachs
Larry Birenbaum (California)
Former SVP, Cisco Systems
Ashley Boren (California)
Executive Director, Sustainable Conservation
David Bowen (California)
Consultant
Bill Boyk (Oregon)
CEO/Founder, GyroVolts by Ameristar Solar, LLC
Diane Boyk (Oregon)
Reid Buckley (California)
Principal, Orion Renewable Energy Group
Dianne Callan (Massachusetts)
Independent Legal Consulting, Green Tech Legal
Hamilton Candee (California)
Partner, Altshuler Berzon LLP
Steve Chadima (California)
Senior Vice President, Communications & Director of California Initiatives, AEE Advanced Energy Economy
Geoff Chapin (Massachusetts)
Founder & CEO, Next Step Living
John Cheney (California)
CEO, Silverado Power, LLC
Matt Cheney (California)
CEO, CleanPath Ventures LLC
Stacie Cheng (California)
Director of Business Strategy and Operations, Dell
Roger Choplin (California)
Proprietor / Owner, Our Earth Music, Inc.
George Cogan (California)
Director, Bain & Company, Inc.
Tom Cole (California)
CEO, Consuming, Inc.
Brooke Coleman (Washington)
Assistant Professor, Seattle University Law School
Stephen Colwell (California)
Executive Director, Philanthropy Associates
Brett Conrad (California)
Managing Parter, Longboard Capital Advisors
Susanne Conrad (California)
President, Conrad Advisors
Catherine Crystal Foster (California)
Consultant, Policy & Advocacy Consulting
Andrew Currie (Colorado)
Investor, Active Minds LLC
Jayne Davis (California)
Peter Davis (California)
Retired Attorney
Wayne Davis (Massachusetts)
Co-Founder, Vice President of Government Affairs, Harvest Power Inc.
Rick DeGolia (California)
Executive Chairman, Cimbal, Inc
Andrew Deitz (California)
Co-Founder, Climate Earth
Michael Delapa (California)
DeLapa Consulting
Chris Dennett (Oregon)
ACME Business Consulting
Heather Dennett (Oregon)
Physical Therapist, Kaiser Permanente
Harry Dennis (California)
Pediatrician, Palo Alto Medical Clinic
Susan Dennis (California)
Fine Arts Advisor, Self-employed
Barry Dicker (Kansas)
President, Decent Energy, Inc.
Nathan Diemer (California)
Founder and Executive Vice President, DreamHammer, Inc.
John Diener (California)
Mendota Energy Beet Cooperative
Ted Driscoll (California)
Partner, Digital Healthcare Lead, Claremont Creek Ventures
Scott Elliott (Washington)
CEO, MountainLogic
Bob Epstein (California)
Co-founder, Sybase, New Resource Bank, Environmental Entrepreneurs
Christina Erickson (California)
Managing Director, WONDROS
Rob Erlichman (California)
Founder & President, Sunlight Electric, LLC
Russell Faucett (California)
President and CEO, Barrington Wilshire, LLC
Lynn Feintech (California)
Anne Feldhusen (California)
Consultant, Green Business Technology Marketing
Kacey Fitzpatrick (California)
President, Avalon Enterprises Inc
Steve Flick (Missouri)
Principal, Environmental Ecologist, Flick Seed Company
Jon Foster (California)
Chief Financial Officer, Nexant
Karen Francis (California)
CEO, Academix Direct, Inc
Nell Freudenberger (New York)
Erin Geegan (Colorado)
President, Zam Energy, LLC
Bonnie Gemmell (California)
GoFavo
Rob Gemmell (California)
Co-founder, AlikeList
Jonathan Gensler (New York)
Consultant, Cambridge Leadership Associates
Nancy Gail Goebner (California)
Gardenpeach Place
Susan Goldhor (Massachusetts)
Biologist, C.A.R.S.
Ken Goldsholl (California)
CEO, x.o.ware, Inc.
Nancy Goldsholl (California)
Lorena Gonda Kiralla (California)
Susan Graff (Georgia)
Principal and Vice President of Global Corporate Sustainability, Resource Recycling Systems (RRS)
Debbie Hall (California)
Chair of the Board, Village Enterprise Fund
Russell Hall (California)
Managing Director, Legacy Venture
Bob Hambrecht (California)
Partner, Allotrope Partners
Elissa Hambrecht (California)
John Harper (Massachusetts)
Principal, Birch Tree Capital, LLC
Mike Hart (California)
CEO, Sierra Energy
Berl Hartman (Massachusetts)
E2 New England Chapter Director, Hartman Consulting
Hyman Hartman (Massachusetts)
Research Scientist, Massachusetts Institute of Technology
Paula Hawthorn, PhD (California)
Carol Hazenfield (California)
Communications Coach
Sheryl Heckmann (California)
Alan Herzig (California)
Independent Director
Shiela Hingorani (California)
First Vice President, Morgan Stanley
Robin Hruska (Washington)
Art Teacher, Blakely Elementary School
Tom Jacoby (California)
CEO, Tymphany Corporation
Wendy James (California)
President, Better World Group
Nicholas Josefowitz (California)
Executive Director, Leadership For A Clean Economy
Fred Julander (Colorado)
President, Julander Energy Company
Charlene Kabcenell (California)
Former Vice President, Oracle Corporation
Derry Kabcenell (California)
Former Executive Vice President, Oracle Corporation
Suparna Kadam (New Jersey)
Co-Founder & VP Sales/Marketing, GreenRay
Christopher Kaneb (Massachusetts)
Principal, Catamount Management Corporation
Kiran Kiki Kapany (California)
Chief Executive Officer, KIKIM Media
Maggie Kaplan (California)
Founder and Executive Director, Invoking the Pause
Van Katzman (Washington)
Principal, Ascent Law Partners LLP
Holly Kaufman (California)
CEO, Environment & Enterprise Strategies
Arthur Keller (California)
Managing Partner, Minerva Consulting
Eric Kentor (California)
Steven Kiralla (California)
Bob Klausner (California)
Charly Kleissner (California)
Co-Founder, KL Felicitas Foundation
Lisa Kleissner (California)
KL Felicitas Foundation
Charles Knowles (California)
Executive Director, Wildlife Conservation Network
Stephanie Knowles (California)
Stephen Koch (California)
Portfolio Manager, AIG Global Real Estate
David Kolsrud (South Dakota)
President, DAK Renewable Energy
Felix Kramer (California)
Founder, California Cars Initiative
Edward Krapels (Massachusetts)
CEO, Anbaric Holding, LLC
Chip Krauskopf (California)
Chief Operating Officer, Chromasun Inc.
Susan Labandibar (Massachusetts)
President, Tech Networks of Boston
Gina Lambright (California)
Managing Partner, TOZ Consulting
Jessica Langsam (Massachusetts)
Sue Learned-Driscoll (California)
Administrator, Stanford University
Nicole Lederer (California)
Co-Founder, Environmental Entrepreneurs
Waidy Lee (California)
Rochelle Lefkowitz (California)
President, Pro-Media Communications
Sam Leichman (California)
Co-Founder, LivingPlug
Florence W. Liddell (New York)
Environmental Advocate
Roger Liddell (New York)
Vice Chairman, Clear Harbor Asset Management, LLC
Mark Liffmann (Washington)
Vice President of Business Development, Clean Power Research
Paul Logan (New York)
Vice President, Jones Lang LaSalle
Tracy Lyons (California)
Singer-Songwriter, Mythic Records LLC
Andrew Magee (Massachusetts)
Senior Consultant, Epsilon Associates
Drew Maran (California)
President, Drew Maran Construction, Inc.
Ryan Martens (Colorado)
Founder, CTO & CSO, Rally Software Development
Wynn Martens (Colorado)
Outreach, University of Colorado
Christine Martin (California)
Clinical Nurse Specialist, San Francisco General Hospital
James Marvin (Massachusetts)
Founder - Chief Executive Officer, Federal Green Solutions
Nancy McCarter-Zorner (California)
Plant Pathologist
Lisa Mihaly (California)
Family Nurse Practitioner
David Miller (Massachusetts)
Executive Managing Director, Clean Energy Venture Group
Karen Miller (Massachusetts)
President, Belly Shmooze
Kate Mitchell (California)
Managing Partner, Scale Venture Partners
Wes Mitchell (California)
Board Member, Foto Forum, SFMOMA
Dan Modisette (Arizona)
Owner, RE Designer, Efficient Energy, LLC
Carol Moné (California)
Producer, Our Earth Productions
Catherine Morrow (New Jersey)
Jay Morrow (New Jersey)
David Moyar (New York)
President & CEO, MEI Hotels Inc.
Gib Myers (California)
Partner Emeritus, Mayfield Fund and Founder/board of the Entrepreneurs Foundation
Susan Myers (California)
Susan Nedell (Colorado)
Consultant
Armand Neukermans (California)
Founder, Xros
Eliane Neukermans (California)
Al Nierenberg (Massachusetts)
M. Kent Norton (California)
Rita Norton (California)
Kathy Nyrop (California)
Consultant
Anne O'Grady (California)
Standish O'Grady (California)
Managing Director, Granite Ventures, LLC
Larry Orr (California)
Managing Partner, Trinity Ventures
Michael Brian Orr (Washington)
Senior Computer Scientist, Adobe Systems
Carl Page (California)
Chief Technology Officer, ZVUE Corp
Jim Panttaja (California)
Vice President, Corporate Development, RebelVox
Mary Panttaja (California)
Vice President, Product Management, RebelVox
Jen Parker (California)
CEO, Canopy Cards
Vic Parker (California)
Managing Director
Jim Patton (California)
Trade Counsel, Apple
Tammy Patton (California)
Sunil Paul (California)
Co-Founder, Managing Director, Spring Ventures
Frederica Perera (New York)
Professor of Public Health, Columbia University
Cynthia Perthuis (New York)
Director of Business and Corporate Development, IdleAir
Ethan Podell (New York)
President, Babel Networks Limited
Christopher Pribe (California)
Dan Purtell (California)
Partner, Altshuler Berzon Nussbaum Rubin and Demain
Erin Reiling (California)
Kinkead Reiling (California)
Maria Teresa Rizzi (New York)
Jamila Rockette (Colorado)
Program Director, CORE
Diana Rose (New York)
Garrison Institute
Jonathan Rose (New York)
President, Jonathan Rose Companies
David Rosenheim (California)
Executive Director, The Climate Registry
Jackie Rosenheim (California)
John Rosenthal (Massachusetts)
President, Meredith Management Corp.
Joan Rossetti (Massachusetts)
Chair, Environmental Affairs Committee of the Prudential Center Residents' Association
Amy Roth (California)
Laurie Rothenberg (New York)
Jacqueline Royce (Massachusetts)
Independent Scholar
Paul Royce (Massachusetts)
Independent Scholar
Karen Rucker (Colorado)
President, ByHandConsulting
Michael Rucker (Colorado)
Managing Director, Brightman Energy
Jack Rutherford (California)
Founder, Modula S
Stacey Rutherford (California)
Director of Sales, Go Green Illumination, LLC
Carina Ryan (California)
Paul Salinger (California)
VP, Marketing, Oracle
John Santoleri (New York)
Partner, StoneWork Capital
Ella Saunders (Massachusetts)
Tedd Saunders (Massachusetts)
CSO, The Saunders Hotel Group
David Schwartz (California)
James Schwartz (Massachusetts)
Vice President, Independence Solar
Michael Schwarz (California)
Frederick Schwarz, Jr. (New York)
Senior Counsel, Cravath, Swaine & Moore, L.L.P.
Lauren Scott (California)
Paul B. Scott (California)
Vice President, Advanced Technologies, Transportation Power Inc
Kathleen Scutchfield (California)
Kathleen Seip (Virginia)
Lt Gen (ret) Noman Seip (Virginia)
Owner, NS Solutions, LLC
Joel Serface (Colorado)
Managing Director, Brightman Energy LLC
Cynthia Sexton (California)
Tim Sexton (California)
Founder & CEO, The Sexton Company
Peter Shanley (California)
Director of Business Development, NEO
Bob Shatten (Massachusetts)
President, Supercool, Inc.
Rebecca Shaw (California)
Environmental Defense Fund
Ann Shulman (California)
President, Philanthropy Associates, Inc.
Steve Silberstein (California)
Co-founder, Innovative Interfaces Inc.
Barbara Simons (California)
Research Staff Member, Retired, IBM Research
Jon Slangerup (California)
Executive Advisor, Moelis Capital Partners, LLC
Sandra Slater (California)
Owner, Sandra Slater Environments
Jennifer Solow (California)
Author
Irene Stillings (California)
President, U.S. Green Chamber of Commerce
Marc Stolman (California)
Attorney, Stolman Law office, E2 Climate Project Leader
Usha Sunkara (California)
Ed Supplee (California)
Former CFO, UTStarcom
Sally Supplee (California)
Former Chief Financial Officer, various companies
Jacob Susman (New York)
Founder and CEO, OwnEnergy
Sven Thesen (California)
Communication & Technology, Better Place
Todd Thorner (California)
Exec Vice President, Foresight Wind
Cariad Thronson (California)
CEO, Forefront Communications
Robert Thronson (California)
VP Business Development, Vigilent
Craig Tighe (California)
Attorney, DLA Piper LLP (US)
Mitch Tyson (Massachusetts)
Tyson Associates
Mike Ubell (California)
Architect, Oracle
Bill Unger (California)
Partner Emeritus, Mayfield Fund
Thomas Van Dyck (California)
Sr. Vice President, RBC Wealth Management
Mark Vander Ploeg (California)
Kirby Walker (California)
Independent film/video producer
Alex Wall (Oregon)
Vice President of Legal Solutions, Haystack Information Discovery
Dorothy Weaver (New York)
Babel Networks Limited
Bill Weihl (California)
Sustainability guru, Facebook
Dave Welch (California)
President, Infinera Corporation
Heidi Welch (California)
Bonni Widdoes (Massachusetts)
President, Gladden House
Clint Wilder (California)
Contributing Editor, Clean Edge
Ellie Wilder (California)
Alexa Willson (New York)
Managing Director, Private Client Advisor, U.S.Trust, Bank of America Private Wealth Management
David Willson (New York)
President, Stanbridge Capital
Andrew Winston (Connecticut)
Founder, Winston Eco-Strategies
Christine Winston (Connecticut)
Tonia Wisman (California)
Erik Wohlgemuth (Oregon)
COO, Future 500
Adam Wolfensohn (New York)
Managing Director, Wolfensohn Fund Management, L.P.
Gary Wolff (California)
Former Vice Chair, CA State Water Resources Control Board
George Woodwell (Massachusetts)
Founder and Director Emeritus, The Woods Hole Research Center
Katharine Woodwell (Massachusetts)
Administrator-retired
Carroll Yandell (California)
George Yandell (California)
Director of Real Estate, Nature Conservancy
Daniel Yost (California)
Partner, Orrick, Herrington & Sutcliffe LLP
Stephanie Yulga Deitz (California)
Head of Lower School, Hillbrook
Margaret Zankel (California)
Martin Zankel (California)
Emeritus Chairman, Bartko, Zankel, Tarrant & Miller
Paul Zorner (California)
Chairman, Kuehnle AgroSystems

259 members

 


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