Renewable Ventures Signs Club Sportiva As First Fleet 'Certified Clean Car' Participant

Club Sportiva Will Neutralize CO2 Emissions from Its Fleet of Classic, Exotic Cars

SAN FRANCISCO, Sept. 13 -- Just eight weeks after announcing its Certified Clean Car Emission Reduction Program at World Environment Day, Renewable Ventures LLC, a renewable energy project finance VC, today announced its first fleet partner in the program, Club Sportiva, the pioneer of timeshare access to classic sports cars. By participating in the Certified Clean Car program, Club Sportiva will offset the carbon dioxide (CO2) emissions of its entire fleet, making its classic and exotic automobiles carbon neutral.

Renewable Ventures' Certified Clean Car program gives automobile drivers an easy and affordable way to reduce CO2 emissions while helping to grow markets for clean renewable energy. To participate or learn more about Certified Clean Car visit: www.certifiedcleancar.com.

"We are pleased to welcome Club Sportiva and its fleet to the Certified Clean Car program. Even though emission-free cars are not yet a viable option, and never will be in the case of classic cars like Club Sportiva's, there exists a real way that drivers can offset their cars' air pollutants today," said Matt Cheney, CEO of Renewable Ventures LLC. "When drivers and organizations participate in Renewable Ventures' Certified Clean Car program, they are purchasing carbon credits and Renewable Energy Certificates to effectively neutralize their cars' emissions."

"Through Certified Clean Car we are making a difference to the environment while continuing to offer our members the ultimate driving experience," said Torbin Fuller, president and operating partner, Club Sportiva. "We provide our members with extraordinary cars and exceptional service, and we are proud to offer first-rate environmental practices to match."

Offsetting automobile carbon dioxide emissions can be done in a variety of ways, including the purchase of carbon credits and Renewable Energy Certificates (RECs). Produced when renewable energy plants generate electricity, RECs represent the environmental benefits of using a renewable source like solar or wind instead of a source like coal or oil that emits carbon dioxide. Their purchase supports the construction of new renewable energy plants. Carbon credits are produced through a different process. In order to monitor and manage overall air pollution, companies and countries around the world have created both mandatory and voluntary carbon trading systems wherein carbon credits are traded between polluting and non-polluting sources to maintain baseline levels of carbon dioxide emissions. Companies that have reduced their pollution levels below the baseline are able to trade carbon credits to those companies or individuals (like car drivers) that want to offset their CO2 pollution.

At CertifiedCleanCar.com, participants can easily calculate the amount of carbon dioxide emitted annually by their cars and then neutralize that damage by purchasing an offset equivalent to the pollution. Certified Clean Car's RECs come from renewable sources certified by the Green-e Renewable Energy Certification Program administered by the Center for Resource Solutions, a national nonprofit organization. Their carbon credits come from the Chicago Climate Exchange (CCX), North America's first and only voluntary, legally binding multi-sector market for reducing and trading greenhouse gas emissions.

With locations in California and Germany, Club Sportiva's carbon neutral fleet includes classic and hard-to-find Ferrari, Corvette, Porsche, Mercedes-Benz, Bentley, Lotus, Morgan, BMW, Alfa Romeo and Jaguar automobiles.

About Renewable Ventures LLC

Renewable Ventures LLC is a leading provider of innovative financing solutions focusing on solar electric and renewable energy power plant development for commercial, industrial and governmental customers in the U.S. Renewable Ventures brings predictable, long-term solar energy to its customers at a price equal to or below that of their current electricity rate. Renewable Ventures finances, owns and operates renewable energy power plants in North America, including plants located in California, Ohio, Connecticut and Texas. For more information about Renewable Ventures, please visit www.renewableventures.com.

About Club Sportiva

Club Sportiva puts a new twist on the timeshare concept, this time, with classic sports cars. Founded in 2003 in San Francisco, Club Sportiva pioneered the sports car "timeshare" concept offering car aficionados and classic car buffs the ultimate classic car driving experience -- without the hassles and costs of ownership, maintenance and storage. Club Sportiva offers four membership packages with a variety of benefits for classic car enthusiasts. Membership packages also include participation in special club events, complimentary use of the car paddock and clubhouse for private parties, travel and subscription discounts and incentive points for member referrals. Club Sportiva also maintains offices in San Jose, and Munich, Germany, with additional locations planned for Los Angeles, Miami and others cities. Each fleet will grow to as many as 80 cars per location. Euro Sportiva, Club Sportiva's European operation, offers nearly 30 exotic cars for touring vacations in Western Europe. For more information, please visit www.clubsportiva.com.