News

Carbonetworks™ Message to U.S. Policy Leaders: Climate Change Measure is Good for Business

CEO Michael Meehan Participates in Business Gathering withTop Obama Officials and Members of Congress

Washington, DC - October 8, 2009: This week, Carbonetworks™, a leading software company that provides performance management for energy, greenhouse gas (GHG) emissions and sustainability solutions, came together in Washington, DC with a diverse group of businesses to support climate change legislation. Participants in the We Can Lead effort met with top Obama Administration officials and Senators to make their case for action this year.

The We Can Lead event gathered more than 150 businesses from more than 30 states to advocate for new policies to create over 1.7 million new jobs, cut carbon pollution, restore America's competitiveness and provide for the nation's economic and national security. Legislation being considered in Congress includes provisions to reduce carbon emissions by 2050, a carbon cap and trade provision, increased investment in alternative energies, such as wind and solar, and increased investment in retrofits.

"This week's event in Washington was a powerful demonstration to the Obama administration and to Congress that sustainability and smart use of energy are not only good for the planet, but also good for business," said Michael Meehan, President and CEO of Carbonetworks. "Our company was built on this idea, and we hope that we embody the opportunity that energy technology offers to drive the American economy in the years ahead."

We Can Lead was sponsored by the Clean Economy Network, a clean tech advocacy association, and Ceres' Business for Innovative Climate and Energy Policy (BICEP), the largest coalition of investors, environmental and public interest organizations in North America.

About Carbonetworks
Carbonetworks™ Performance Management Platform provides software and services to help companies around the world run their Energy, GHG and Sustainability initiatives using a consolidated corporate scorecard for measuring performance. Bringing a decade of experience in the industry, Michael Meehan and Stephen Mooney founded Carbonetworks with the goal of enabling companies all over the world manage and reduce their impact on the environment. With nearly 8,000 sites implemented on its platform and hundreds of companies in over 40 countries in its trading community, Carbonetworks operates the largest carbon management network in the world. For more information, please visit www.carbonetworks.com.

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Whitney Basaman
463 Communications
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