Clean Energy Comments on California’s Proposition 10

SEAL BEACH, Calif.--(BUSINESS WIRE)--California voters yesterday turned down Proposition 10. Named The California Renewable Energy and Clean Alternative Fuels Initiative, the measure was a $5-billion, first-in-the-nation public investment to provide funds for a wide variety of clean energy projects across the state, including consumer incentives for clean alternative vehicle fuels and the construction of renewable energy generation facilities, such as solar and wind power plants.

“The passage of Prop 10 would have provided an important funding mechanism to rapidly turn these goals into a reality throughout the state.”

“Everyone talks about reducing the use of imported oil, lowering greenhouse gas emissions and cleaning the air through the use of alternative energy resources, and California’s voters considered supporting these critical goals in a meaningful way,” said Andrew J. Littlefair, President and CEO, Clean Energy. “The passage of Prop 10 would have provided an important funding mechanism to rapidly turn these goals into a reality throughout the state.”

“We supported the initiative, and while Prop 10 may have served as a catalyst to accelerate our growth, its failure does not reduce our opportunities. We believe our core business is strong and pledge to continue to help California and the nation meet our critical goals of reducing imported oil while increasing the use of clean, alternative energy for the health and welfare of all our citizens,” Littlefair noted.

Clean Energy Fuels Corp. (Nasdaq:CLNE) is the leading provider of natural gas (CNG and LNG) for transportation in North America. It has a broad customer base in the refuse, transit, ports, shuttle, taxi, trucking, airport and municipal fleet markets, fueling more than 14,000 vehicles daily at over 170 strategic locations across the United States and Canada. Clean Energy del Peru, Clean Energy’s Peruvian joint venture, operates the world’s largest natural gas fueling station in Lima, Peru. Information at: www.cleanenergyfuels.com

Forward-Looking Statements This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks, uncertainties and assumptions. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements, including our future growth and opportunities. The forward-looking statements made herein speak only as of the date of this press release and the company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.