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CO2 Solution Applauds Government of Quebec for Greenhouse Gas Emissions Reduction Plan

July 7, 2011

CO(2) Solution’s Technology Positioned to Provide Efficient Solution to Help
Meet Proposed Carbon Emission Reductions

TSX-V: CST
Outstanding shares: 60,286,136

QUEBEC CITY, July 7, 2011 /PRNewswire/ – CO(2) Solution Inc. announced today that it applauds the announcement made
yesterday by the Government of Quebec to implement a cap and trade
system in the Province to reduce carbon dioxide (CO(2)) and other greenhouse gas (GHG) emissions responsible for climate
change. CO(2) Solution believes its breakthrough carbon dioxide capture technology is
positioned as an important solution to help meet the proposed
reductions.

In the joint announcement made by the Minister of Sustainable
Development, Environment and Parks, Pierre Arcand, and the Minister of
Economic Development, Innovation and Export Trade, Clement Gignac, the
Government of Quebec plans to establish a cap and trade system whereby
large industrial plants and other significant sources of carbon dioxide
and other GHGs would be required to reduce their emissions on an annual
basis beginning January 1, 2013. In its announcement of the plan,
Minister Arcand stated “Proving its leadership, vision and
determination, Quebec is demonstrating that governments can play a
fundamental role in the battle against climate change. We have one of
the most ambitious objectives for the reduction of GHG emissions in
North America.” The province has pledged to reduce emissions 20% below
1990 levels by 2020. The full press release can be found at www.mddep.gouv.qc.ca/Infuseur/communique.asp?no=1904.

CO(2) Solution has developed a patented enzyme-based technology for the
cost-effective capture of CO(2) emissions from large industrial sources in Quebec and elsewhere,
including cement plants, aluminum refineries, power generation plants
and oil and gas operations to meet the requirements of proposed climate
change legislation in an efficient manner.

“We commend the Quebec Government for its leadership on this important
environmental issue. With our made-in-Quebec technology, we look
forward to supporting this effort and helping Quebec and North American
industry efficiently meet new regulatory requirements for emissions
reductions. In turn, the growth of our and other clean technology
providers in Quebec will further establish the Province as a leader in
the new ‘green’ economy”, stated Glenn Kelly, President & CEO of CO(2) Solution Inc.

According to the International Energy Agency’s Greenhouse Gas Program,
power plants and other large stationary industrial sources worldwide
generated aggregate annual carbon dioxide emissions of more than 14
billion tons, representing half of all global emissions of carbon
pollution from all sources. CO(2) Solution’s patented technology provides a cost effective answer for the
capture and treatment of these harmful emissions.

About CO(2) Solution
CO(2) Solution is an innovator in the field of enzyme-enabled carbon capture
and has been actively working to develop and commercialize the
technology for power plants and other large stationary sources of
carbon pollution. In the process, CO(2) Solution has built an extensive patent portfolio covering the use of
carbonic anhydrase, or analogues thereof, for the efficient
post combustion capture of carbon dioxide with low energy aqueous
solvents. Further information can be found at www.co2solution.com.

CO(2) Solution Forward-looking Statements
Certain statements in this news release may be forward-looking. These
statements relate to future events or CO(2) Solution’s future economic performance and reflect the current
assumptions and expectations of management. Certain unknown factors may
affect the events, economic performance and results of operation
described herein. CO(2) Solution undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required under applicable
law.

Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.

SOURCE CO2 SOLUTION INC.


Source: newswire



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