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EUEC 2006 International Electric Utility Meet Initiates Carbon Neutral Conferencing Courtesy of Planktos CO2 Offsets

Posted on: Thursday, 19 January 2006, 09:00 CST

TUCSON, Ariz., Jan. 19 /U.S. Newswire/ -- When the 2006 Electric Utilities Environmental Conference (EUEC) convenes in Tucson on January 22, it will walk its eco-friendly talk by erasing its own carbon footprint with greenhouse gas offsets from the sea. Ocean restoration firm, Planktos, Inc. and its carbon marketing arm, Diatom Corporation (NASD: DTMC.OB), have teemed up with conference organizers and contributed enough greenhouse gas offsets to ensure the four-day gathering is entirely carbon neutral.

Formally entitled the "9th Annual EPA, DOE, EPRI, EEI Conference on Clean Air, Mercury, Global Warming & Renewable Energy," the meeting will host nearly one thousand governmental and industry environmental managers, researchers, and engineers discussing the latest science and policy related to air quality, climate change, sustainable energy technologies, and human health.

Keynote addresses will be presented by leaders such as Rep. Jim Kolbe (R-Ariz.), the Hon. Jim Connaughton, chairman, U.S. Council on Environmental Quality, and Jeffry E. Sterba, chairman, president and CEO, PNM Resources, Albuquerque, New Mexico.

According to Planktos/Diatom CEO Russ George, his team employed standard EPA emissions models to calculate the amount of greenhouse gas that all conference activities would generate, including the meeting's total electricity, heating, cooling, solid waste, and transportation toll. Based on this estimate, Planktos will retire two thousand tons of CO2 offsets from its 2004 DOE Emissions Reduction Registry inventory.

This year Planktos, a subsidiary of Solar Energy, Ltd. (NASD:SLRE.OB), will partner with top ocean labs and scientists to launch large pilot projects designed to ocean sequester significant quantities of CO2e. Diatom Corporation will then offer these GHG offset credits to buyers in the U.S. and other international markets.

"Our eco-friendly credits are the lowest cost greenhouse gas offsets currently available in the environmental marketplace," said Russ George. "More importantly, our process also helps restore ocean health and productivity, and rebalance its most critical ecosystems. We thereby offer an economical solution to institutions concerned with climate change and the fate of the oceans as well. Given the crisis condition our seas, fisheries, even whale populations are in today, we believe our multi-benefit approach to slowing climate change through ocean restoration is not just desirable, it is absolutely essential."

For more information, please refer to the following websites: EUEC: http://www.euec.com and Planktos, Inc.: http:// www.planktos.com

A number of statements contained in this press release may be considered to be forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, and the ability to secure additional sources of financing. The actual results Solar and Diatom may achieve could differ materially from any forward- looking statements due to such risks and uncertainties.

http://www.usnewswire.com

Source: U.S. Newswire

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