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KCRA Segment on Valero’s Initiative to Kill AB 32

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simply clean energy3/16/10 KCRA (Sacramento) Segment On Green California Expo and AB 32 Debate.

Schwarzenegger quote: ” I think the people are outraged about the fact that texas oil companies are trying to change laws and policies in california. it is outrageous. This is why I think all of us — environmentalists, and ordinary citizens — we are all out here defending AB 32.”

MORE INFO: The Texas-based oil company Valero Energy Corp. is funding a deceptive initiative for the November 2010 ballot designed to kill Californias leading clean energy and air pollution control standards. The company claims its measure simply suspends AB 32, but in fact their initiative would halt the implementation of clean energy and pollution standards until Californias unemployment level drops below 5.5 percent for an entire year a market condition that has occurred just three times in the last 30 years!

Valero wants us to return to the dirty energy economy that pollutes our environment, jeopardizes our health and puts us at a global competitive disadvantage in the trillion dollar field of clean energy.

Valero was named one of the worst polluters in the U.S. (Source: The Political Economy Research Institute, University of Massachusetts, http://www.peri.umass.edu/Toxic-100-T… The company was hit with $711 million in fines by the U.S. Environmental Protection Agency in 2005.

For the latest news and developments, visit us at http://www.NoOnValero.com.

Duration : 0:1:55

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Clean Energy Victory Bonds – Invest In Our Future

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clean energy collectiveClean Energy Victory Bonds (CEVBs) are proposed U.S. Treasury bonds that will finance the production of innovative energy technologies in the US. At a time when we are facing record unemployment in the US and are falling behind other countries in the race to produce clean energy technologies, CEVBs will create 1.7 million jobs and position the US to be the leader in one of the fastest growing sectors in the world: clean energy. CEVBs will also create a secure energy future for all Americans, decreasing our reliance on foreign oil and utilizing energy sources that are free.

Why Victory Bonds?

During the First and Second World Wars, the US government sold bonds in order to finance the costs of war. These war bonds were dubbed “Victory Bonds” because of the crucial role they played in the war effort. In the spirit of patriotism and national sacrifice, Victory Bonds generated $185 billion during World War II (over $2 trillion in today’s dollars). They gave ordinary Americans ownership in the efforts of their military overseas and afforded individual and institutional investors access to a risk-free asset. We can learn from that experience.

From coal to nuclear to oil, no new energy source was ever developed without significant government funding. As the fossil-fuel driven economy falters, the need for an alternative path forward becomes ever more urgent.

Around the world countries are competing to develop and deploy the next generation of clean energy technologies at an astounding pace. China alone is investing up to $12 billion per month in its clean energy sector. Meanwhile American clean energy capacity languishes for lack of financing and companies are unable to develop cutting edge technologies or create employment for American citizens. Clean Energy Victory Bonds are designed to play a role akin to the Victory Bonds of wartime — to mobilize Americans towards the common goal of a globally competitive U.S. clean technology industry and, ultimately, a greener economy.

Wartime Victory Bonds often yielded interest rates lower than the going market rate, but Americans found them hugely popular as a way of investing in their collective future. Clean Energy Victory Bonds, however, will pay interest equal to or greater than the market interest rate on regular government bonds. Clean Energy Victory Bonds will provide a competitive government-backed investment vehicle that Americans will be excited to purchase, and a chance to invest in our collective future.

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Tuesday Talks: Building a Clean Energy Economy with Secretary Chu

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simply clean energySecretary of Energy Steven Chu answers your questions about how to accelerate innovation in green technology and build a clean energy economy. November 30, 2010.

Duration : 0:33:56

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Investing in Our Clean Energy Future

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simply clean energyThe President hosted an event focused on “Investing in Our Clean Energy Future,” with experts from inside and outside government. On the table were how crucial investments in clean energy and new technologies are included in the budget.

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Duration : 0:22:0

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Youth Clean Energy Economy Forum Part III

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clean energy collectiveIn the third and final segment of the Clean Energy Economy Stakeholder Briefing with Youth Leaders, top White House staff on clean energy listen to reports back from several breakout sessions focused on improving engagement between the White House and youth leaders.

Duration : 0:27:57

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