Planktos Ecorestoration CO2 Solutions Embraced by Top Industry/DOE Enviro Conference
Silicon Valley ecorestoration firm Planktos, Inc. saluted for carbon neutralizing premier US energy industry environmental meet, and offering participants the most promising creative response to our climatic and economic woes.
San Francisco, CA (PRWEB) February 1, 2007
For the second year running, Planktos Inc. (OTCBB:DTMC) has been recognized for its innovative technical and economic contributions to the 10th annual Electric Utilities Environmental Conference (EUEC 2007). Held in Tucson, Arizona from January 21-24, this eminent gathering of environmental executives, policy makers, NGOs and technology vendors was galvanized this year by spreading concern over climate change and the urgent need for creative response.
Jointly organized by the US Department of Energy, Edison Electric Institute, Electric Power Research Institute and C TRADE, this year's EUEC enjoyed an abrupt 20% surge in participation as nearly 1300 conferees from around the world packed the hall and workshops, especially the events concerning global warming.
As in 2006, Planktos was publicly honored for making the EUEC carbon neutral with a 2000 ton donation of ecorestoration carbon credits from its US Department of Energy registry. This year, however, Planktos drew the most appreciative attention for its heartening progress reports and methodology contributions in the technical sessions.
"Many things have changed for Planktos since we addressed this group in 2006," said William Coleman, Planktos COO. "Investors and partners have come forward as never before; our staff has grown and diversified; and we have purchased a major research ship from the Bermuda Biological Station for our ocean restoration/carbon sequestration work in the Pacific this year. Our climate forest projects in central Europe are now officially approved and underway, and we have joined the California Climate Action Registry to help ensure that our ecorestoration work qualifies for certification under California's new Global Warming Solutions Act. All these developments have been deeply encouraging and apparently boosted our stock price, too, so we begin 2007 in very fine shape to deliver the highest volume, lowest cost, and above all greenest CO2 mitigation ever achieved."
Planktos is dedicated to restoring the declining health of our most vital marine and terrestrial ecosystems, which return the favor by sequestering enormous quantities of atmospheric CO2 for centuries or more at very little expense. Full restoration of the open ocean's plankton to known 1980 levels, for example, would reduce our annual CO2 surplus by 3~4 billion tons and cancel out roughly half of all manmade emissions each year. Moreover, the technology is extremely economical because it merely replenishes the starving ocean with a little natural iron dust. Iron is a critical micronutrient for all plant growth and photosynthesis and the ocean's tiny plankton plants have been decimated in recent years as their usual wind-borne iron dust supply has dwindled by a third. Replenishing this shortfall not only revives the plankton, buffers ocean acidity, and helps to cool the sky, it recharges the entire marine food chain for fisheries, whales and sea life of every kind.
Coleman adds, "Like many pioneers, our initial challenges are as much educational as technical - informing the public and policy makers that we have found a potent creative solution where no one was even looking before. The Arizona desert may seem a strange place to preach the virtues of plankton power, but our presentations at influential venues like EUEC are truly crucial to this work. The more decision makers who awaken to the fact that Planktos-style ecorestoration means we can turn the corner on global warming and still enjoy a healthy economy, the closer we are to meaningful action both here and in DC."
For more information on the science, tech and political economy of ecorestoration, please visit Planktos at http://planktos. com (http://planktos. com)
Afterword
Planktos, Inc. is a wholly owned subsidiary of Solar Energy Limited (OTCB: SLRE) soon to be acquired by Diatom Corp (OTCBB: DTMC). Solar has reached agreement with Diatom to sell Planktos, Inc. to Diatom for a majority interest in Diatom shares after which Diatom intends to change its name to Planktos Corp.
A number of assertions in this press release may be considered to be forward-looking statements 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 Planktos may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
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