Refined Coal Can Help States and Industry Meet Clean Air Mercury and Clean Air Interstate Rules - Carbon Avoidance Is Better Than Sequestration DENVER, Jan. 23 /PRNewswire-FirstCall/ -- Evergreen Energy Inc. (NYSE:EEE), a leader in providing cost effective solutions for energy and environmental needs, today voiced its support for bipartisan efforts echoed by President Bush and Members of Congress to tackle global climate change, and urged policymakers to consider innovative technologies, such as refined coal, that are available today to immediately begin curbing greenhouse gas and mercury emissions. Evergreen Energy uses a commercial proprietary process to produce K-Fuel(R), a refined coal that burns with greater energy efficiency and lower emissions than raw, low-rank coal. "Concerted efforts to address climate change, improve energy security and push new energy technologies have come to the forefront as witnessed by both the President's State of the Union address and during the Democrats' 'First Hundred Hours' legislative initiative," said Mark Sexton, chairman and CEO of Evergreen Energy. "Our nation is facing heightened energy and environmental concerns and it is our corporate responsibility to find effective and innovative solutions to protect our environment and harness our domestic energy reserves with advanced technology. It is better to avoid generating the greenhouse gas rather than emitting it and then having to sequester it, and we believe refined coal is an important solution -- one that is available today." Although the Clean Air Interstate and Clean Air Mercury rules touched on by the President call for states and industry to meet new standards for mercury and other emissions over the next decade, refined coal's improved environmental performance, including up to 70-percent reductions in mercury, can be achieved today. Stakeholders in the energy debate and consumers understand that coal is, and will continue to be, our nation's most abundant and available energy resource. Currently, more than 50 percent of domestic electricity comes from coal-fired power plants, and new coal-fired generating plants are proposed in many parts of the world. An attractive commercial product, refined coal, such as Evergreen Energy's K-Fuel(R) product, improves coal before it is burned, resulting in a cleaner and more efficient energy source. K-Fuel(R) is chemically and physically altered by temperature and pressure in a pre-combustion process using raw, low rank, high-moisture coal found in abundance in the western U.S. Due to higher water content, this type of coal is less efficient, but Evergreen can now extract up to 70 percent of the moisture before it is burned, increasing the energy output. As a result, each ton of refined coal consumed will produce less CO2 per kilowatt-hour generated, helping to address greenhouse gas emissions. Additionally, depending on the source of the raw coal, the refined K-Fuel(R) coal has reduced mercury by up to 70 percent, and upon combustion has substantially reduced sulfur dioxide and nitrogen oxide emissions. "We must realize that coal will be part of any short-term and long-term energy solution. As such, our nation needs to adopt technologies that emphasize carbon avoidance as well as carbon capture and sequestration," added Sexton. "We can solve the problem before it becomes a problem if we make coal cleaner before it is burned, and we need to do this today. Evergreen Energy looks forward to working with utility companies, industrial customers and regulators, as well as federal and state policymakers, to bring available solutions such as K-Fuel(R) to more and more markets, and to address climate change and CO2 concerns." About Evergreen Energy Inc. Evergreen Energy Inc. 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 http://www.evgenergy.com/ for more information. Available Topic Expert(s): For information on the listed expert(s), click appropriate link. Mark Sexton http://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=54474 DATASOURCE: Evergreen Energy Inc. CONTACT: Analysts and Investors, Karli Anderson, Director, Investor Relations, or Media, Paul Jacobson, VP, Corporate Communications, both of Evergreen Energy Inc., +1-303-293-2992 Web site: http://www.evgenergy.com/

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