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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
Green Energy Resources Makes Carbon Credit Trading Possible For US Municipalities, Towns And Individuals; UTCS Software a First In US Tree Inventory Innovation
NEW YORK, NEW YORK--(MARKET WIRE)--Jul 27, 2006 -- Green Energy Resources (Other OTC:GRGR.PK - News) announced today it will demonstrate its new UTCS software to company shareholders in New York in August. The UTCS software package will include a commodities index and exchange trade board for buying, and selling of certified woods for the renewable energy industry. The trade board will generate new revenue streams for the company through registration fees, membership subscriptions and advertising revenues beginning 4th qtr 2006. The exchange index establishes a commercial market forum for certified wood, or wood biomass to become certified by UTCS. Green Energy's trade board will set uniform product standards for each facet of wood biomass within the renewable energy industry. The product demonstration will be attended by company executives including, new CFO Joseph Mcgowan.
Green Industry firsts
UTCS (urban tree certification system) software features a structure for carbon emission reductions (CERs) and tradeable credits for municipalities. UTCS provides and establishes a framework for the nine (9) New England States and West Coast states in the process of developing emissions caps and trading schemes on a local and regional level. The package is designed to allow future international trades of carbon credits through the European Trading Scheme (ETS) and through the World Banks' Clean Development Mechanism (CDM). UTCS is designed to prevent pollution and reduce use of natural resources by recycling wood waste destined for local landfills. UTCS develops a national tree inventory data bank. The software also efficiently tracks the disposal, location and storage of wood biomass for the nations energy supply into a tradeable commodity with chain of custody documentation. Green Energy Resources will own the data and thus insure its ability to supply long-term contracts and retain its competitive market share.
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 companies' 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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