Outline of Remarks for Gen.

Wesley Clark

Global energy security in a climate affected world

Dec. 16th Copenhagen

I’d like to recognize Steen Riisgaard, President and CEO of Novozymes. We have a
number of chief executive officers with us here today, including my fellow Co-
Chairman at Growth Energy, Jeff Broin, CEO of POET.

At Growth Energy we have a very focused mission – increasing the amount of

renewable, sustainable ethanol blended into gasoline.

Ethanol is a low-carbon fuel – as much as 59 percent fewer greenhouse gas

emissions than the production of gasoline. The most advanced technology, with
closed loop biorefineries, offer us even cleaner alternatives – as much as 67 percent
fewer GHGs compared to gasoline.

With cellulosic ethanol, we could produce 86 percent fewer GHGs.

That’s according to a January study in the Journal of Industrial Ecology. The same
study found that as the costlier petroleum reserves are developed, like tar sands,
the emissions intensity will increase substantially – meaning the more oil we drill for
the dirtier it will get.

And when we look at trends associated with global warming – the most significant is
the increase in fossil fuels for transportation. I’m talking cars and trucks.

In the United States, cars and trucks put 314 million tons of carbon into the air in
2004, the last year data was available.

A 2007 study found that world consumption of petroleum for transportation pumped
6.3 gigatons of carbon into the atmosphere.

Yet the energy policies of the world’s nations revolve around the continuing
development of fossil fuels.

Studies by the Intergovernmental Panel on Climate Change found that as

developing economies grow so will demand for petroleum-fueled automobiles – a
trend that will drive up carbon emissions another 80 percent by 2030.

That’s the developing economies, where the problem is increasing. In the developed
world, we already have a major problem with carbon from automobiles. The U-S has
5 percent of the world’s population but contributes 45 percent of the world’s
automotive carbon emission.
 Ethanol provides us with a renewable, sustainable, low-carbon alternative. And it
isn’t far away in the future – years of development away from reaching the
marketplace – it is here today and continuing to get greener and cleaner every year.

Both the developing nations and the developed nations need to adopt policies that
would increase the production and consumption of low-carbon ethanol. Not only
does it offer us an answer for our energy crisis, it offers us an answer for our global
security crisis.

Look at the United States, where we have a regulatory cap on the amount of
ethanol that can be consumed. That 10-percent cap is essentially a requirement
that our nation be dependent on foreign oil – and it is a policy for which the U-S
pays dearly.

We suffer the inefficiencies of cartel pricing and oil shocks. Even when demand is
down, the cartels could manipulate production to keep prices high.

Then there is the military cost to ensure steady access to foreign oil from parts of
the world that are volatile, or outright hostile to Western values and policies.

Taxpayers fund the defense of oil shipping routes with an estimated annual cost of
more than $50 billion. In January 2008, the Center for Forensic Economic Studies
estimated this “import premium” at an additional $24 per barrel of imported oil.

What does ethanol offer us to solve this dilemma? The domestic production of
nearly 6.5 billion gallons of ethanol in the United States during 2007 eliminated the
need to import at least 228.2 million barrels of oil for gasoline.

Think about that.

We could convert the petro-dollars that fund strongmen, dictators and terrorists and
invest that money into clean, domestic energy.

Developing nations wouldn’t have to go with their cup, begging a cartel or a

regional dictator for oil.

Developed nations wouldn’t have to worry about a rogue nation sending

shockwaves through the world’s economy with a targeted strike on oil shipping
routes – or by simply holding back production.

We have a viable fuel that can serve as a cleaner alternative to gasoline refined
from oil. It can reduce our dependency on foreign oil and take power away from
both the cartels – and the terrorist factions that would take advantage of Western
dependency on foreign oil.

It is low-carbon. It is sustainable. And it isn’t far in the future.

That renewable, clean fuel is here today. It is ethanol.