Coalition for the Green Bank Claims Green Bank/Clean Energy Deployment Administration Will Offset Energy Cost Increases, Job Losses, Contradicting ACCF-NAM Commissioned Study


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WASHINGTON, DC--(Marketwire - August 14, 2009) - The Coalition for the Green Bank todayrefuted claims made in an economic impact study commissioned by theAmerican Council for Capital Formation (ACCF) and the National Associationof Manufacturers (NAM) asserting that the American Clean Energy andSecurity Act would result in significant job losses and steep increases inthe price of electricity and natural gas for several industrial states.According to the Coalition, the ACCF-NAM study does not take into accountthe expected reduction of electricity costs as a result of the GreenBank/Clean Energy Deployment Administration (CEDA), as proposed in the Act.

"CEDA's low-cost financing of renewable projects will mitigate anyelectricity price increases as well as create millions of new jobs,"according to Reed Hundt, Co-Chair of the Coalition for the Green Bank."Statements made by opponents of the Waxman-Markey bill, claiming that itwill result in an increase in energy prices for consumers and businessesoften neglect to include the potential impact of CEDA in their assumptions.Any analysis of the bill cannot be considered thorough without taking sucha major element into consideration."

The NAM/ACCF study is based on several assumptions made by the US EnergyInformation Association, which itself recognized that it did not analyzethe effects of CEDA in its own report on potential electricity priceincreases. The EIA recently claimed that CEDA "may have the mostsignificant potential to alter the reported results."

About the Coalition for the Green Bank

The Coalition for the Green Bank is a consortium of leaders in energydevelopment enterprises including renewable resource developers, originalequipment manufacturers, investors, financial advisors and consultantsdedicated to the stimulus of green energy assets for clean and sustainableenergy and jobs, and economic development. The CGB is proud to have thesupport of the Pickens Plan, Mesa Power, General Electric, Cavallo Energy,RES-Americas, American Wind Energy Association, Clean Economy Network,ACORE and many more. For more information, visitwww.coalitionforthegreenbank.com/

The CGB is comprised of co-chairs Todd Filsinger (PA Consulting Group) andReed Hundt, and the members of the Steering Committee and Coalition listedbelow.

Steering committee members:AES Corporation (Rajeev Garside)Cavallo Energy (Phillip P. Gennarelli)Chinook Energy (William Gleason)Equilibrium Capital Group, LLC (William Campbell)Greencore Capital (Gilbert Barnes)KRM Energy Advisors LLC (Ken Marks)Latham & Watkins (Mike Gergen)Mesa Power Group, LLC (Monty Humble)Riverstone Holdings LLC (Michael Hoffman)Wellford Energy Advisors (Harrison Wellford)Alan FleischmannMarty KlepperCoalition members:AES CorporationAES Solar Energy Ltd. (Robert Hemphill)Alston & Bird (Bob Jones, Tom Amis)AMB International Finance, LLC (John E. Mullen, Raymond J. Albright)American Council of Renewable Energy (ACORE) (Michael Eckhart)AMSOLAR Corporation (Joshua Weinstein)Applied Materials (Rameesh Kailasam & William G. Morin)Blue Source, LLC (Roger Williams)Boyd Strategies (Steve Boyd)Cavallo/Cross Hudson (Harold Borden)Clean Economy Network (Jeffrey King)Commonwealth of Kentucky (Paul Kaplan)CURRENT Group, LLC (Tom Casey)EKO Asset Management Partners (Jason Scott)Encomia, LP (William J. Eckert)Envision Solar International, Inc. (Robert Noble)Equilibrium Capital Group (Dave Chen)Gas Turbines International, LLC (Larry Rayman)GE Energy Financial Service (Steve Taub)Global Energy, Inc. (Harry H. Graves)Global Environmental Outreach & GeoConsult (Gregory O'Reilly)Green Amperage Partners, LLC (Thomas R. Rosén)Green Harvest Technology (Dan Carol)Greencore Capital (Michael Telford)Grid Storage Technologies (Ben Rogers)Helix Electric, Inc (Ken Emma)Higher Power Energy, LLC (Mark Patkunas)International WoodFuels (Steven Mueller)Kanepi Innovations (Larry Leete)Konarka Technologies, Inc. (Howard R. Berke)Lane Powell (Karen Williams)MAPA Group (Michael Peck)Mesirow Financial Consulting, LLC (John Oates)Mohave Sun Power LLC (Mitchell Dong, Robert Marsh)National Cooperative Bank (NCB) (Andrew Kho, Romie Basra)New Cycle Capital (Josh Becker)Pario Capital (Guy Piazza)Patton Boggs (Joshua Greene)Pillsbury Winthrop Shaw Pittman LLP (J. Todd Culwell)Principle Power (Jon Bonanno)PSE&G (Ralph LaRossa)RecycleBank (Preston Read)Renewable Ventures (Peter Conklin)Serious Materials, CalStar, ZETA (Marc Porat)Solarsa, Inc. (Scott E. Jorgensen)Strategic Energy Advisors, Inc. (Jeanine Hull)Suntech America (K. Scott Son)Tessera Solar (Kevin Scannell)Tioga Energy (Kristian Hanelt)US Mainstream Renewable Power Inc. (Bruce Thompson)Wilson Sonsini Goodrich & Rosati (Robert O'Connor)


Nic Wins Buying Options 83% of the Time

How does he do this? It’s called the “MoneyLine.” It’s how you can spot quick moves in a stock that you close in as little as one day. And we’re not talking about peanuts here. He's won up to 411% using his MoneyLine approach to options. Here's how he does it.


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