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Press Room
G-8 Discussions on Global Greenhouse Gas Emissions Need to Address Immediate and Long-Term Clean Solutions Evergreen Energy's Refined Coal Viewed as Immediate Solution to Help Address Domestic and Global Energy Demand and Environmental Challenges FOR IMMEDIATE RELEASE: DENVER - May 31, 2007 - Evergreen Energy Inc. today commented on President Bush's call for global talks on greenhouse gas emissions, urging that immediately available solutions such as refined coal be discussed when G-8 delegates meet next week to consider new means for reducing CO2 emissions. Evergreen Energy is a leader in the development and production for refined coal. Refined coal is a readily available energy resource derived from a pre-combustion process that transforms lower rank coal into a cleaner, more efficient and affordable solid fuel to meet today's industrial and utility customers' demands for increased energy. In the process, refined coal also addresses domestic and global environmental concerns such as CO2 and mercury emissions. "Helping to achieve the dual goal of meeting ever-increasing energy demand while also addressing modern environmental challenges, refined coal is a unique American technology that is available today, said Kevin Collins, president and CEO of Evergreen Energy Inc. "In his remarks, the president noted that the U.S. 'is the world's leader when it comes to figuring out new ways to power our economy and be good stewards of the environment.' Evergreen Energy serves as a perfect example of such domestic innovation." "Our pre-combustion process improves lower-rank coals found in the U.S. and around the world, providing immediate benefits in terms of increased energy efficiency and greater environmental quality," added Collins. Engineering calculations suggest that refined coal made from abundant sub-bituminous and lignite coals found in the western U.S. and around the world reduce CO2 emissions at coal-fueled power plants that previously burned "raw" low-rank coals. About Evergreen Evergreen Energy Inc. (NYSE Arca: EEE) refines coal into a cleaner, more efficient and affordable solid fuel that is available today to meet the growing energy demands of industrial and utility customers while addressing important environmental concerns. Visit www.evgenergy.com for more information. Contacts: Analysts and Investors: Media and Public Affairs |
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