To: Dale Geffrey who wrote (711 ) 10/31/1997 4:58:00 AM From: Michael A. Johnson Respond to of 1028
TO: All KNIC Shareholders RE: Prelude to COP3 (Global Warming Conference) This major United Nations conference, scheduled for December 1-10, will establish global policy for the reduction of global warming. Much of this warming is attributed to the release of carbon dioxide into the atmosphere by the burning of fossil fuels. Since the Pure Energy fuel is reported to reduce CO2 emissions by as much as 70% when it is burned,* this fuel should receive major attention by the 5,000 governmental and scientific leaders attending the Kyoto meeting. Over the past several years the U.S. has been widely criticized abroad for its failure to take the initiative on such a vital issue. Now the governments of both the U.S. and Japan feel pressured to establish the political high ground by placing major proposals on the table in December. This is why the U.S. Department of Energy is expected to act on PEC fuel certification in advance of this conference; this is also why there have been reports of Arkenol Asia (KNIC joint venture with Arkenol) becoming involved in projects in several Asian countries, including Japan. It makes no difference to KNIC shareholders which country succeeds in grabbing the leadership role, as Lou Knickerbocker appears to have placed the company in a winning position whatever the conference outcome. It should be noted that Vice President Al Gore will be our lead man at the conference, and as such, he is under great pressure to make a good showing to further his political aspirations. If he feels the Pure Energy fuel can help pave his path to the presidency, then we will be hearing a lot about PEC. *Footnote: The fuel produces 35% less hydrocarbons emissions, 40% less carbon monoxide emissions, and 70% less carbon dioxide emissions than gasoline, according to the company. It claims that the fuel has over 50% less ozone forming potential than reformulated gasoline. SOURCE: pure-energy.com , from Inside Washington Publishers and New Fuels & Vehicles Report - July 18, 1997. I hope the above report will provide a better understanding of why KNIC is moving so rapidly into the energy field. My research also reveals few other alternative fuels projects that hold any prospect of being commercially viable in the near future. Mike Johnson KNIC IPO Shareholder