We've recently discovered a new method to make an impact on your environment. When used in conjunction with our patented DRS (Dust Reducing System) sachets, it helps reduce the amount of dust in your environment without compromising the air quality. In addition, it helps reduce the amount of dirt brought into the environment. The product, when used in tandem with the disposable sachets, creates a unique two-part system. To find out more information, visit us at: http://www.EnronEnvironmental.com. NEWS FROM THE GLOBAL FLASH Coal Plant Emissions Enron has agreed to letters on environmental issues from 10 coal burning power plants in the US. These plants emit 10.6 million tons of carbon dioxide equivalent per year making them the largest source of emissions in America. Power Plants can improve their environmental performance by using best-available control technologies such as waste heat recovery, improved efficiency, or environmental amnesty, and in some cases all three. EPA expects the real environmental benefits of these improvements to be significant, potentially reducing emissions from these plants by over 25% compared to baseline. Enron has also developed an innovative emissions reduction strategy for itself called the Power Performance Contract. These contracts provide emitters with an allowance, per megawatt hour of emissions, which can be banked against emissions from other projects. Cement Plants Cement is the second most produced manufactured commodity in the world, and by some estimates consumes more than 3% of the world's fresh water supplies. In an effort to reduce reliance on freshwater, the Environmental Protection Agency (EPA) is encouraging the development of innovative technologies that will enable cement plants to recycle waste water resulting from the manufacturing process, while also cutting emissions of the greenhouse gas, carbon dioxide. A technology called cement-stabilized recycled aggregate, or CSA, has been used for more than a decade. The European Union, Japan, and China all have plants that use this technology. The American Concrete Institute and the American Society of Civil Engineers recently launched a study to determine the viability of using CSA in the United States. Enron technology has also been used successfully in Europe, Japan, and Australia. However, we are not currently using it in the United States. Possible application of this technology in the US would also help cut the nation's growing demand for energy by increasing energy efficiency. Volatile Organic Compound Emissions Several studies have shown that the application of volatile organic compounds, or VOCs, can reduce the environmental impact of solvents. Enron has been a leading proponent of the use of VOCs, and in the mid-nineties began to develop systems to capture VOCs from various processes, including the printing industry. One of the world's leading studies in this field was conducted in Europe with support from the United States. The study focused on the application of a solvent called N-VOC, which is a byproduct of gas turbine power plants. Enron has been using N-VOC since the mid-eighties as an environmentally preferable alternative to solvent-based processes. The use of N-VOC reduces carbon dioxide emissions by 90%. Enron has also developed technology for the capture and treatment of VOCs from the cement and plastics industries. Waste streams from these industries that do not contain VOCs are normally incinerated, adding to the formation of greenhouse gas. However, since VOCs are energy intensive to incinerate, they are often burned, which accounts for 10% of the total volume of hazardous materials released in the United States each year. Enron technology can treat these waste streams without the need to incinerate the volatiles. In addition, the captured VOCs can be used as feedstock for the production of gasoline and other fuels. Several plants using this technology have been built in Europe, Japan, and the United States. Carbon Dioxide Capture/Sequestration One of the biggest producers of carbon dioxide in the world is the burning of fossil fuels. If captured, carbon dioxide can be used as a fuel, a feed stock for the production of chemicals such as methanol and dimethyl ether, or a source of energy. Currently, carbon dioxide is not used as a fuel or feed stock because of the enormous expense of capturing and transporting it. Enron technology, in combination with other companies, has been able to remove carbon dioxide from a gas mixture that comes out of a steel mill and uses it as a feedstock to produce basic chemicals. While the price of carbon dioxide is extremely volatile, the price of the chemicals produced is less volatile and is less expensive than alternatives. PROTECTING OUR ATMOSPHERE AND OPERATING SMOOTHLY To protect the environment, Enron has developed a range of technologies, including tools and methods for controlling emissions at the source and practices that will allow us to operate in a more environmentally sustainable manner. Our efforts include technology to monitor and verify that our contractors are properly applying for necessary permits and licenses as required by local, state and federal law; development of new technologies to reduce NOx, SO2 and particulates; and development of new technologies to monitor and verify compliance with existing environmental laws and operations. Enron has created an innovative new partnership with the University of California at Berkeley and the University of Virginia to study ways that the two universities' cutting-edge research can be used to develop new, low-cost technologies that will help Enron reach its environmental goals. Enron, which has invested more than $55 million in our parks and habitat conservation program in the last seven years, will continue to work with organizations such as the National Park Service and the EPA to help protect the environment in balance with our economical development of our energy assets. CONTACT: Enron Corp., 713-345-7077. ,Copyright 1999 Business Wire. All rights reserved.