2. Growth in the Clean Energy Economy Clean energy investment that comes from G-20 countries. Increase in global clean energy investment since 2004.* Billion was invested in 2011 – a record. Gigawatts of new renewable energy deployed in 2011 – a record. *Excluding research and development Source: Bloomberg New Energy Finance

3. Deployment Dominates Investment Priorities Billion worth of nongovernment, non-research clean energy investments in 2011. Billion worth of asset finance and small distributed capacity investments in 2011. Source: Bloomberg New Energy Finance

4. Solar Investment Soars Billion worth of solar energy investments in 2011 – more than half of all clean energy investments in G- 20. Billion worth of wind energy investments in 2011. Source: Bloomberg New Energy Finance

5. Growth in the Clean Energy Economy Total clean energy generating capacity at the end of 2011. Source: Bloomberg New Energy Finance

6. Measuring Competition *In Billions Source: Bloomberg New Energy Finance

7. Measuring Competition Source: Bloomberg New Energy Finance

8. Measuring Competition The United States is hard pressed to sustain 2011s success as the leader in attracting clean energy investment. United States Clean Energy Initiatives that Expired in 2011 Advanced Energy Manufacturing Tax Credit Department of the Treasury Section 1603 Grant Program Department of Energy Section 1705 Loan Guarantees Energy Efficient Appliance Manufacturing Energy Efficient Homes Tax Credit for Builders

9. Measuring Competition Investment intensity: a measure of clean energy investment as a percentage of gross domestic product (GDP). Source: Bloomberg New Energy Finance

10. Measuring Competition Source: Bloomberg New Energy Finance

11. Measuring Competition China revised upward a national target for solar deployment in 2011. To help achieve this target, China adopted its first national feed-in tariff for solar projects. Policy Matters: Source: Bloomberg New Energy Finance

12. Big Opportunities for the U.S. Rising energy demand abroad presents export opportunity for the U.S. 80% of all future energy demand will come from developing nations. Investors need long- term market certainty.