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New York Int'l Log & Lumber Announces New
Symbol 'GRGR'
Monday March 7, 2:23 pm ET (Effective tomorrow March 8) Wood biomass has
multiple applications including ethanol, gasification, direct burn biomass, and
co-firing (the mixing of wood and coal to reduce green house emissions)
Co-firing is the largest potential application, with
an estimated market in the United States alone, in trillions of
dollars.
100% Kyoto
compliant wood fiber fuels to the power utility industry.
Emerging Energy Stocks
Presents
Green Energy Resources
(NASDAQ OTC PK:GRGR)
Here's the news: Green Energy Resources Announces New Offices in India and Eastern EuropeRenewable Energy Company Continues Global Growth India is the 6th largest producer of electricity in the world and the 3rd largest electric producer in Asia, behind China and Japan. India, conjointly with all 25 of the European nations,is a signator to the Kyoto treaty to reduce worldwide green house emissions. The announcement comes on the heels of new offices in China and Japan and is a part of Green Energy Resources global positioning strategy. (Partial clip only! Go to yahoo or any news site to read this release in it's entirety.) Green Energy Resources and Baltimore City Collaborate on Renewable Energy Maryland's response to the new port facility for the export of "Green Energy" has been overwhelming. It included a newspaper feature in the Baltimore "Daily Record" (Feb. 11th), an article in "Energy Prospects" a power utility journal (Feb. 28th) and several new supply sources, including national tree trimming companies in Baltimore and throughout country. Many suppliers will provide biomass at no expense to Green Energy Resources. (Partial clip, go to yahoo finance and read the entire news before Monday.) Recent Important News that was released Green Energy Resources Announces Expansion to Japan and Singapore Japan is the worlds largest buyer of emission trading "Green" certificates, and a signatory to the international Kyoto accord. The announcement comes in the wake of Japans highly successful biomass power plant test. A test that operated a power plant for 500 continuos hours (a first) with turbines that performed at three times the capacity of steam. Green Energy Resources is a supplier of UTCS environmentally certified wood biomass. UTCS is the only 100% Kyoto compliant certification system in the world. Biomass is the largest potential market of the Renewable Energy fields, that includes, solar, hydro, and wind. Wood biomass has multiple applications including ethanol, gasification, direct burn biomass, and co-firing (the mixing of wood and coal to reduce green house emissions) Co-firing is the largest potential application, with an estimated market in the United States alone, in trillions of dollars. Green Energy Resources to recognize US Forest Service
plan Establishes lead American role in emerging renewable energy market 51% of American power is generated from coal, the largest green house emission emitter in the world "Green" energy to be successful and have real global impact requires an effective, and achievable application to existing industry conditions. Co-firing meets and exceeds US Federal EPA air quality standards and the international Kyoto Treaty. (Effective February 16, 2005.) Co-firing allows utilities to qualify for renewable energy certificates, (REC's) and large scale emission trading as sellers, rather than buyers, benefiting American rate payers. Up to 1 million new jobs could be generated through the renewable energy industry, Texas recently cited a potential of 39,000 "skilled" jobs that could be created in that state alone. Emissions trading could bring significant economic benefits to urban and rural communities alike. In rural areas for example, small schools, institutions and town governments could generate trading credits to sell, creating new revenue streams in communities with limited tax bases. About: Green Energy Resources is a Renewable Energy company providing environmentally certified, 100% Kyoto compliant wood fiber fuels to the power utility industry. GER works with businesses, governments, and energy companies to implement carbon reduction strategies (reduce greenhouse emissions). Wood fiber fuels reduce sulfur dioxide and nitrous oxide emissions when burned with coal (co-firing) and are fully "Green Certificate (Renewable energycredit; Rec's) eligible. CO-firing meets both the newly implemented US Federal EPA air quality standards and the terms of international green house reduction treaty; (Kyoto). Conversion of existing coal burning power plants is less expensive than building new "clean coal" plants, and the largest potential growth market of the renewable energy industry. The majority of electric power generated in the USA is from coal (51%). Other principal wood fiber applications in the renewable energy sector include, biomasse, gasification, ethanol, and bio-diesel. In other news, GER continues its stock repurchase program, as cash flow deferred from the 2004 ship charter sale ($600,000) continues to provide the company with ample cash flow. GER had a profit in excess of $500,000 for 2004. There is a lot more to say about this company. We will be reporting on GRGR all week. We never know for sure but when we get hired it's usually because they have a lot to say. So keep a keen eye out for News. To
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