----- Forwarded by Elizabeth Sager/HOU/ECT on 08/01/2000 09:51 AM -----

	ppantano@mwe.com
	07/25/2000 11:57 AM
		 
		 To: Elizabeth Sager/HOU/ECT@ECT
		 cc: 
		 Subject: Allowances





Dear Elizabeth:

     How are you?  You still owe me one for missing my panel last October!
We've been doing some work for EBS, which has been very interesting.

     We have a client that is interested in trading SO2 and NOX allowances 
with
you guys.  I would appreciate it if you would send me copies of the agreements
you use so I can forward them to our client.  Thanks.

     Regards, Paul

Paul J. Pantano, Jr.
McDermott, Will & Emery
600 13th Street, N.W.
Washington, DC 20005
Ph:    (202) 756-8026
Fax:  (202) 756-8087
Email:  ppantano@mwe.com

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