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It has long been recognized that the key to achieving stringent emission standards such as ULEV is the control of cold-start hydrocarbons. This paper describes a new approach for achieving excellent cold-start hydrocarbon control. The most important component in the system is a catalyst that is highly active at ambient temperature for the exothermic CO oxidation reaction in an exhaust stream under net lean conditions. This catalyst has positive order kinetics with respect to CO for CO oxidation. Thus, as the concentration of CO in the exhaust is increased, the rate of this reaction is increased, resulting in a faster temperature rise over the catalyst.