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Newsroom - Clients - GRGR
The following news and investment research items reflect some of the recent business activity for selected clients of Empire Relations Group, Inc. Additional information for investment research can be found in the featured clients section. News and investment research are for informational purposes only.
Green Energy Resources Inc
Ethanol and Energy From Woodchips: Green Energy Resources New Technology Offers Cheaper Fuel Source Than Corn
NEW YORK, NY--(MARKET WIRE)--Jan 29, 2007 -- Green Energy Resources (Other OTC:GRGR.PK - News) announced it will seek to capture the woodchip for energy marketshare on the US East Coast and California. Woodchips are gaining momentum as a superior and cheaper fuel source for ethanol and power energy production. Green Energy Resources UTCS wastewood to energy plan includes cellulostic fiber, woodchips and woodfiber fuels. President Bush in last week's State of the Union Address 'Biorefinery Initiative,' specifically acknowledged waste sources of woodchips for ethanol and energy. The announcement comes in the wake by industry and investment communities that corn will likely prove uneconomical for ethanol production in the US.
UTCS -- a technology breakthrough
Woodchips and wood fiber can be used as an interim step in Bush's Clean Coal Technology at virtually no cost. Co-firing is the environmentally friendly process of mixing wood fiber with coal to reduce green house gases and carbon emissions. Green Energy Resources has been working to develop 'ECO-GREEN COAL.' Eco-green coal is wood biomass adhered directly to coal to make co-firing transportable in ships and trains.
UTCS technology software tracks, sources, inventories, and environmentally certifies millions of tons of wastewood generated in the US annually. UTCS can certify existing forest lands, plantations, tree farms, and urban wood waste streams as well as storm damage. The software performs emissions calculations for municipalities and trade opportunities. UTCS is a web-based software currently offering open enrollment for ethanol producers, power plant generators and municipalities. WWW.UTCS.COM.
Energy WoodChips -- a Trade Commodity
Green Energy Resources has re-initiated steps to establish commodity standards for "Energy Chips." Energy Chips will have benchmarks similar to coal and oil like West Texas and Brent sea. The plan is to list on a major commodity index and was first offered in 2005 by the company. Green Energy Resources has enlisted the aid of an international and award-winning emissions trade brokerage firm to fully develop the commodity standards and list on an index.
Green Energy updates
Green Energy Resources will attend and be a sponsor of Bioenergy Europe 2007 next week in London. The company is scheduled to finalize a new woodchip carrier at the conference. Green Energy Resources CEO, Joseph Murray will meet several international buyers and plans a joint press release for next week.
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
Green Energy Resources
Joseph Murray
(631) 375-7921
joe.murray@greenenergyresources.com
http://www.greenenergyresources.com
Worldwide Financial Marketing, Inc. USA
Investor Relations
Int'l: 1 (954) 360-9998
Info@wwfinancial.com
http://www.wwfinancial.com
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About Green Energy Resources, Inc.
Green Energy Resources, Inc. is dedicated to becoming a leading
supplier of reliable, low cost, high quality wood fiber fuels (biomass).
Biomass, which is essentially organic matter that can be converted to
energy, is the fourth leading source of energy in the United States
(behind oil, natural gas and coal), and is currently providing about 2
percent of all energy used in this country. This is expected to grow to
over 10% by the end of this decade.
To link to this corporate profile in our members area click here (You must be a registered member to see profile).
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