Green Energy Resources Wants Hurricane Storm Wood
Posted on: Wednesday, 3 September 2008, 09:00 CDT
Green Energy Resources (PINKSHEETS: GRGR) seeks hurricane storm damaged trees to turn into renewable energy. The company is looking to partner with FEMA, the states and municipalities affected by hurricanes to achieve four goals: 1) procure wood to turn into renewable energy; 2) utilize storm wood to prevent carbon and methane from being released into the atmosphere; 3) prevent storm damaged wood from ending up in local landfills at taxpayer expense; 4) create value and jobs from storm damage waste wood. Green Energy Resources can take up to 10 million tons in 2008.
Approximately 27 million tons of wood waste (exclusive of major storms) is discarded every year in the United States. The waste wood creates about 52 million tons of carbon and methane greenhouse gases annually released into the atmosphere. The discarded wood comes from every possible source: landscaping, road clearings, residential demolition, Xmas trees, and major storms, such as hurricanes. Huge storms or multiple storms add millions and millions of tons into the nation's landfills that could otherwise be utilized for energy. Green Energy Resources' mission is to change wood waste into a major biomass energy resource.
The renewable energy industry has biomass applications that include cellulostic ethanol, gasification, co-firing with coal, direct burn, and others uses. Carbon Offset credits help protect our environment with measurable, quantifiable and beneficial results for tracking and certifying volumes of wood diverted from landfills.
SALE OF CARBON OFFSETS
Green Energy Resources is offering 200,000 tons of carbon offset credits for sale. The sale is open to all interested parties and individuals. Proceeds will be utilized to reduce carbon and methane emissions from being released into the atmosphere. The carbon offset credits are available at www.greenenergyresources.com at a cost of $6 per carbon ton. Each ton of wood diverted or received from a landfill and sold to a power generating facility qualifies as a marketable and redeemable carbon credit.
CONTACT: Green Energy Resources Joseph Murray 631-375-7921 Email Contactwww.greenenergyresources.com or Worldwide Financial Marketing, Inc. USA Investor Relations Int'l: 1-954-360-9998 Nat'l: 1-866-360-9998 Email Contact
SOURCE: Green Energy Resources
Source: MARKET WIRE
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