May 8, 2017
TO: HyGen Industries
FROM: Terry Tamminen, CEO Leonardo DiCaprio Foundation; former Secretary of the California Environmental Protection Agency
As custodians of the future, we need to stop using fossil fuels as soon as possible. Every year, our planet experiences ever-increasing threats to public health and our shared climate. Pollution from transportation, which uses over 40% of today’s energy consumption in the USA, is the major contributor to these problems.
A key solution to climate change is the movement to zero-emission vehicles, powered by renewable energy sources. This transition requires building out new infrastructures, creating new jobs and opportunities for all. Eliminating carbon emissions from fossil fuels will save and preserve our planet. Hydrogen-powered fuel cell cars will play a vital role in this “green revolution”. Creating hydrogen from solar and wind solves the intermittent renewable energy problem, enabling renewable energy to proliferate.
California is a leader in the reduction of fossil fuel use, supporting hybrid, electric and now hydrogen fuel cell electric vehicles (FCEVs). The recent surge in the production of hydrogen FCEVs presents us with the classic “chicken and egg” problem. Which comes first, the cars or the refueling stations?
I worked on this important issue while serving as EPA Secretary to Governor Arnold Schwarzenegger and helped the state launch its “Hydrogen Highway” program in 2004. My colleague, Woodrow W. Clark II, Ph.D., was a key architect of that plan and is now a Board Member and an Advisor to HyGen Industries, one of the leading companies seeking electrolyzed (non-fossil fuel) hydrogen refueling stations.
HyGen is a leader in the hydrogen fueling station business. The company uses renewable energy to create hydrogen as a zero-carbon transportation fuel. The California Energy Commission has helped to fund hydrogen stations, but private capital is now needed to build out the full Hydrogen Highway network of stations to support a growing number of FCEVs.
In June 2015, Title IV of the JOBS Act went into effect. Title IV allows companies to issue stock under Regulation A+ to unaccredited investors. This “democratization of capital” means everyone has the opportunity to be part of businesses that can make a difference to the world. I urge everyone to consider doing what they can to help build these stations throughout California, the nation and the world.
Download Endorsement Letter
Leonardo DiCaprio Foundation, 9800 Wilshire Boulevard., Beverly Hills, CA 90212 LDCFoundation.org
Terry Tamminen is CEO of the Leonardo DiCaprio Foundation (LDF). Mr. Tamminen was a close advisor to former California Governor Arnold Schwarzenegger. In November 2003 he was appointed as the Secretary of the California Environmental Protection Agency, later becoming Chief Policy Advisor to the Governor. Mr. Tamminen was the architect of many sustainability policies including California’s Global Warming Solutions Act of 2006, the Hydrogen Highway Network, and the Million Solar Roofs initiative.