SCIENCE ADVISOR MARK MILLS LAUNCHES NEW ONLINE VENTURE

(Arlington, VA — April 7, 2000) Greening Earth Society science advisor Mark P. Mills, who is President of Mills McCarthy Associates and author of several reports for both Greening Earth Society and Western Fuels Association, has launched a newsletter and website in partnership with Peter Huber and George Gilder through the Gilder Technology Group.

The first edition of the newsletter The Huber-Mills Digital Power Report is available online at Gilder’s new website . The site’s name is a play on his work in identifying the importance of the "microcosm" and "telecosm" – in other words, the intersection of telecommunications and computing, the Internet – to the world economy. Gilder describes The Huber-Mills Digital Power Report as "a monthly investment advisory covering the dramatic transformation of the power industry in the Internet Economy."

Greening Earth Society president Fred Palmer describes Gilder as "a superstar financial guru whose monthly newsletter is able instantly to move investments in the stock market based in his reputation in identifying the importance of Qualcomm and other technology-based companies early." Palmer says the importance of electricity supply to meet the demand of the "e-conomy" long has been missing from electricity policy considerations in Washington, DC. "Here you have President Clinton meeting with Bill Gates, trumpeting the new economy and the Clinton/Gore Administration’s role in fostering it while at the same time his Vice President stumps the world extolling the virtues of cutting fossil fuel combustion out of the electricity supply picture because he and the President want to ‘do something’ about climate change. Gilder, Huber and Mills have it right. They understand the linkages in the e-conomy. Clinton/Gore only think they do."

Huber is a senior fellow at the Manhattan Institute’s Center for Legal Policy and is described by Gilder as "the best technology analyst I know, the smartest lawyer I’ve ever met, and one of the best writers I’ve run across." Huber and Mills have written articles together for Forbes’ magazine, including "The PCs are coming – dig more coal" which had as its foundation work Mills performed for Greening Earth Society in preparing his report The Internet Begins With Coal: A Preliminary Exploration of the Impact of the Internet on Electricity Consumption released that same month (May 1999).Mills, who also is a senior fellow at the Competitive Enterprise Institute, has written several reports for Western Fuels Association, Inc. His reports have focused on the importance of coal-fired electricity to the U.S. economy due to coal’s domestic abundance, stable and low price, and electricity’s efficiency. The reports include:

Coal: Cornerstone of America’s Competitive Advantage in World Markets (March 1997) in conjunction with the Center for Energy & Economic Development (CEED) and National Mining Association;

Does Price Matter_ The Importance of Cheap Electricity for the Economy (January 1995);

C.L.E.A.N.E.R Transportation: Comparing Electricity and Natural Gas As Transportation Fuels (April 1993); and Sustainable Development and Cheap Electricity: An Evaluation of the Impact of Lower Electricity Prices on the U.S. Economy and U.S. Carbon Dioxide Emissions (October 1992)