Evergreen BioFuels USA Announces Agreement with Show Me Energy Cooperative to Engineer and Manage Largest Agro-Biomass Pellet Fuel Plant in North America

    Operational in Early 2008, 100,000 ton Pellet Fuel Production Will be
Co-Fired With Coal to Reduce Carbon Emissions and Meet the Heating Needs of
Over 20,000 Homes and Businesses

    MONTREAL, December 10 /CNW/ - Evergreen BioFuels USA, world leader in
developing available, sustainable and carbon-negative bioenergy fuels for
powering utilities, businesses and homes around the globe, announced today an
agreement with Centerview, Missouri-based Show Me Energy Cooperative, which is
comprised of 400 farm businesses, to engineer, build and manage one of the
largest biomass pellet fuel production plants in North America. When completed
in early 2008, the $6.5 million plant will produce enough biomass to not only
be used in coal utility energy production, but also meet the heating needs of
about 20,000 homes.

    The agreement between EBF and SMEC will see the annual production of
100,000 tons of biomass pellet fuels, the energy equivalent of 300,000 barrels
of crude oil, which EBF will market into the local energy market to replace
coal. This agreement is being closely watched by policy makers in Washington
D.C., as well as by many other cooperatives who have expressed an interest in
developing similar production facilities.

    "Our goal is to produce millions of tons of renewable energy pellets to
displace coal use. If adopted on a global scale, this has the potential to
displace billions of tons of greenhouse gases, which are responsible for
today's climate change crisis," said Mark Drisdelle, CEO of Evergreen BioFuels
USA. "While others are relying on food crops to create energy, SMEC is
demonstrating a sustainable, environmentally friendly way that doesn't
threaten the food supply or skew the market."

    At least half of Show Me Energy's production of Power Pellets is destined
to be co-fired with coal, as an immediate means of addressing the issue of
reducing carbon emissions, with a percentage of carbon negative renewable
energy. EBF's pellet fuel is engineered to work with existing utility plant
infrastructure without the need for replacement or retrofit of existing
technology and equipment. According to the Electrical Power Research Institute
(EPRI) this approach of co-firing renewable energy with coal is a near term
solution to reducing greenhouse gas emissions which are responsible for
climate change.

    "Since our inception in 2003, our commitment is to be a leading model for
other energy co-ops in biomass production and we also strive to benefit the
local agricultural marketplace," said Steve Flick, board of directors
president of SMEC. "Our partnership with EBF will allow farm communities and
businesses to diversify farm income, keep energy production in state, and
effect change globally by replacing coal with clean renewable, locally grown
energy crops."

    The production of pellets can use any type of cellulose-based fibers
including, wood and crop residues, dedicated energy crops like switchgrass and
industrial fibers. These are then formed by extruding them into dense
cylindrical pellets with predictable combustion characteristics, to serve as a
cleaner-burning alternative to carbon-emitting fuels currently in use by power
plants and utilities. The amount of energy generated by solid fuel pellets is
similar to that of coal, but can be burned at significantly lower costs due to
the fact that they are carbon neutral while reducing other polluting emissions
like sulfur and nitrogen oxides.

    About Evergreen BioFuels

    Evergreen BioFuels stands at the forefront in the development and
manufacturing of clean renewable forms of energy for power plants, enabling
them to dramatically reduce greenhouse gas emissions and contribute to a
cleaner future. Through the use of clean, renewable bioenergy solutions,
Evergreen BioFuels is creating a future where the global economical growth
doesn't have a negative impact on the environment.

    Headquartered in Montreal, Evergreen BioFuels and Delaware the company
develops, manufactures and distributes the highest quality biomass pellets
that release clean, renewable energy with proven efficiency. Led by renewable
energy visionaries and utilizing patent-pending technology innovations,
Evergreen BioFuels is the leading company to offer sustainable green energy
solutions to prevent global warming in a carbon-constrained future. Visit
evergreenbioenergy.com for more information.

    About Show Me Energy Cooperative

    Show Me Energy Cooperative is a non-profit, producer owned, cooperative
founded to support the development of renewable biomass energy sources in West
Central Missouri through the establishment of suitable conditions in the field
of energy development which incorporate the efforts, products, and goals of
local agricultural biomass producers. SMEC provides additional revenue streams
for farmers and producers for their products by utilization in biomass energy
production and support and reinforce local economy and community through
employment and development of renewable, sustainable, technologies

    SMEC seeks to keep its member-owners informed about their co-op business,
economic, political, charitable, and social environments as well as help to
improve the quality of life, both now and in the foreseeable future, in the
areas where Show Me Energy Cooperative has a business, purchasing, or
distributing presence. Visit goshowmeenergy.com for more information

For further information:

For further information: Media: For Evergreen BioFuels USA Justin
Finnegan, 212-651-4214 Account Executive, Fusion PR M: 917-952-4752

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