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Polluting Companies Agree to Restore Indiana Waterway

GARY, Indiana, August 23, 2004 (ENS) – In one of the nation's largest natural resource damage settlements, eight companies have agreed to pay roughly $56 million to partly restore natural resources in the Grand Calumet River and Indiana Harbor Canal. Indiana Governor Joe Kernan, Deputy Assistant Attorney General John Cruden, and Assistant Secretary of the Interior Lynn Scarlett disclosed details of the agreement Friday at Marquette Park along the Calumet River corridor, one of the most heavily industrialized areas of the country. The Grand Calumet River, Indiana Harbor Canal and Indiana Harbor are part of the Lake Michigan ecosystem, and the riverside and upland habitats associated with these waters, including lands within the boundaries of the Indiana Dunes National Lakeshore are also affected by the contamination. Studies showed that the releases contaminated the river's water and streambed, affecting migratory birds, fish, invertebrates and aquatic insects. Many advisories warning people not to eat the fish and waterfowl due to toxic contamination are in place in the area. The most toxic metals contaminating the waterway are mercury and lead, and in addition, cadmium, copper, iron, manganese, and zinc are found in the sediments along with polychlorinated biphenyls (PCBs), polycyclic aromatic hydrocarbons (PAHs). […]

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Green Energy Resources Merges with Largest European Woodfiber Fuel Importer

Green Energy Resources, Inc. (OTC.PK: NYIL) a bio-energy supply company that sells biomass wood products, announces it has Agreed to merge with Italiana Commissionaria Legnami ( ICL ) of Monza, Italy. Terms of the merger have not been disclosed. ICL is the largest importer of woodfiber fuel in Italy. In 2003 ICL supplied 80.000 tons of woodchips per month to the Italian market, and forecasts 100% increase for 2004. The proposed merger creates a vertical market corporation in the biomasse/ renewable energy industry, from procurement, to transportation, to power generation plants. Together the companies are one of the largest internationational biomass supply companys in the world, with a capacity of well over a million tons annually. All woodfiberfuels are within strict compliance of the UTCS environmental certification system, and the Kyoto protocol. The merger includes Green Certificate contracts that will generate approximately US$180 million dollars guarenteed in gross revenues annually, through 2012 (EU. CIP 6). Green Energy Resources is dedicated to preserving world forests. The company supplies supplies wastewood from storm damage, maintainance (eg. land clearing for highways and construction)and wood otherwise destined for landfills. It operates under the UTCS (urban tree certification system), an environmental certification system that includes […]

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