1. California and The Clean Tech Revolution Presentation by Steve Westly September 25, 2008 Fresno, California

2. Being in CleanTech in 2008 is like…

3. The problem is huge

4. China alone… Leads the world in production of coal, steel, cement, and 10 kinds of metal; Consumes more coal than the next three highest-ranked nations—the United States, Russia, and India— combined. Has 80% of its rivers too polluted for fish.

5. The Problem’s getting worse… Quickly. BRIC = Old News Colombia = #43 Romania = #46 Egypt = #51 Vietnam = #58

6. Dubai, UAE

7. And it knows no borders PARTICULATE MATTER OVER LOS ANGELES THAT CAME FROM CHINA:

8. Hope is on the horizon… Says We Have “An Obligation To Act” Supports Cap and Trade Supports California’s right to set its own fuel standards

9. Who’s Stepping Up To The Plate?

10. What VCs Are Doing THE WHOLE SPACE IS HOT State pensions invest $1 billion in clean tech State pensions invest $1 billion in clean tech Clean tech is now the 3rd largest venture investment area -- larger than semiconductors Clean tech is now the 3rd largest venture investment area -- larger than semiconductors 60% more VC investment in clean tech in 2008 than 2007! 60% more VC investment in clean tech in 2008 than 2007! Weekly Oil Prices, 1/07 to 9/08

11. Money Being Made $18.2 billion $8.2 billion $6.75 billion $747 million $247 million Market Cap as of 9/24/08

12. What VCs Are Doing WHAT COMPANIES ARE HOT Tesla Motors Ausra Marrone Organic Innovations San Carlos, CA Palo Alto, CA Davis, CA

13. What China Is Doing In August, China banned 1.3 million cars for four days; pollution decreased 20%. In August, China banned 1.3 million cars for four days; pollution decreased 20%. Beijing has raised its efficiency standards for cars to higher levels than the United States. Beijing has raised its efficiency standards for cars to higher levels than the United States. China has had over ten clean tech companies go public in the last 24 months. China has had over ten clean tech companies go public in the last 24 months. Pan Yue

14. What the Central Valley is Doing 1.Union of Concerned Scientists report, 2005 2.American Lung Association report, 2007

15. What the Central Valley is Doing

16. What California Should Do CARB should raise the Zero Emission Vehicle mandate The legislature should extend the Million Solar Roofs tax credits by 2 years The governor should expedite implementation of AB32

17. We’re making history Ne Plus Ultra