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September 13th, 2005
Green Energy Offers to Purchase One Million Tons of Hurricanes’
Wood Debris – Faces Challenges Even Though Disasters Debris Could Power 10 Percent of America’s
Energy Needs
Green Energy Resources (Pink Sheets:GRGR) has offered to purchase up to one million tons
of the storm-damaged wood from the wrath of Hurricane Katrina. Although the plan on the surface, to turn the debris into electrical
energy, appears to be one of the more cost-effective solutions to the debris problem, it apparently faces opposition from
FEMA. Green Energy states, “Green Energy Resources has challenged FEMA to have vision and abandon its present policy
of dump and burn, according to Joseph Murray, CEO. Last year FEMA, and its cozy relationship with certain contractors, according
to a Wall Street Journal report, failed to take advantage of the opportunity to benefit and protect Florida residents and
U.S. taxpayers. Each hurricane provides a new opportunity to strengthen our economy, energy security, and develop new export
markets to improve our balance of trade deficits. The abundance of biomass for renewable energy from each natural weather
event could power up to 10% of America's total energy demand.”
Green Energy Resources with the announcement also reported that
it has developed a software program that is used to manage and track wood biomass sources and reduce greenhouse gas emissions.
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