Haiti Prime Minister and ECCO2 Corp Enter Talks for $1.5 Billion Cleantech Project to Reduce Carbon Emissions and Stimulate Economy
Wed, 09/08/2010 - 2:35pm
The Associated Press

Haiti Prime Minister Jean-Max Bellerive and ECCO2 Corp
(www.ecco2usa.com (http://www.ecco2usa.com/) ) have begun discussions
regarding the launch of the "ECCO2 Haiti Project" in efforts to reduce
carbon emissions and stimulate the Haitian economy following the
catastrophic earthquake earlier this year. This clean development
mechanism (CDM) will be achieved by installing ECCO2's patented
technologies within all 133 communes that make up the nation.

Haiti Prime Minister Jean-Max Bellerive says, "ECCO2 Haiti project is
the start of a bigger and brighter future for Haiti's economy and
environment. ECCO2 brings our nation and the world enormous
opportunity. I am happy to continue the discussions with ECCO2 to
finalize ECCO2 Haiti planning."

The Republic of Haiti has been a member of the Kyoto Protocol since
2005 and currently has an estimated national carbon footprint of 10
million metric tons per year according to current statistics. The
ECCO2 Haiti Project is expected to offset as much as 80 million metric
tons of carbon emissions over the next 10 years. The carbon emission
offsets will generate certified emission reduction (CER) credits
holding a current value of about $1.5 billion (USD). The carbon
credits will be sold to various trading firms and investment banks to
finance the ECCO2 Haiti Foundation; a not-for-profit organization
based in Orlando, FL, United States whose primary focus is to further
economic development in Haiti using environmental initiatives as its
catalyst.

President/Chairman of ECCO2 Corp of Austin, TX, United States (and
president of parent company DBS Distributors, Inc.), Cary Lee
Peterson, comments, "The ECCO2 Haiti Project opens up vast employment
opportunities and potential economic growth as Haiti continues to
restore its infrastructure. While many have turned a blind eye towards
them since the disaster, we are honored to be an active part of
rebuilding the new Haiti."

Although final details of the ECCO2 Haiti Project are still in
discussions, Haitian Prime Minister Jean-Max Bellerive and ECCO2 Corp
are set to complete negotiations within the next few weeks to launch
the program. ECCO2 Corp has brought onboard Global Urban Development
Consultant Group LLC (New York, NY, United States), a consulting firm
that will aid the business development of ECCO2 Haiti Project. John
Patrick Alexis, president of Urban Development Consultant Group LLC,
states, "There is lots of work to do planning and thereafter executing
ECCO2 Haiti project. Our goal is to show the world that rebuilding the
new Haiti is possible through innovators like ECCO2, hard work from
Haitian citizens, its government, and foreign supporters."

About ECCO2 Corp:

ECCO2 Corp is a not-for-profit sister company of DBS Distributors,
Inc. f/k/a Fuel Concepts Pty Limited who are worldwide manufacturers
and distributors of the ECCO2 / ECO Systems product line. The
company's patent technologies have been used by government agencies
over the past 9 years, reducing greenhouse gases output by motor
vehicles and fossil fuel generators all over the world. The ECCO2
(Environmental Control of Carbon Dioxide) Project was launched in July
of 2010 as a multi-billion dollar investment plan with various banks
and private investors with interests to develop and trade over 400
million carbon emission offset futures through use of ECCO2 / ECO
Systems products used in CDM projects worldwide from 2010 through
2020. (For more details visit www.ecco2usa.com
(http://www.ecco2usa.com/) or www.ecco2haiti.com
(http://www.ecco2haiti.com/) ).

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