(OTCBB: GELV) Paving the Way to a Green Future
February 05 2010 - 4:00AM
Marketwired
Green Energy Live (OTCBB: GELV) announced yesterday that they have
moved their corporate headquarters into an office suite in
Michigan, effectively merging all aspects of the corporation under
one roof. The move is a significant step to organizing a rapidly
expanding business.
The Environmental Protection Agency (EPA) recently finalized the
long-term renewable fuels mandate that originated in 2007. The
mandate is for 36 billion gallons of renewable fuel annually by
2022. When the 36 billion gallons of renewable fuel criteria is
met, over 328 million barrels of oil a year will be saved, the
equivalent of 27 million cars off of US roads.
Green Energy Live, with its proprietary biomass-to-energy
conversion solutions aimed at the $154 billion farming industry
will benefit greatly from all clean fuel legislation. Green Energy
Live's gasification technology gives the user almost complete
energy independence, and in some cases, the ability to generate
income from selling back excess energy production to the local
power companies.
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