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Premium Color Group uses renewable energy to continue "green" commitment

Wednesday, February 10, 2010

Press release from the issuing company

Clifton, NJ – Premium Color Group LLC has entered into an agreement with Renewable Choice Energy to use renewable energy as its sole source of power through the use of Renewable Energy Credits.

"Our company is committed to supporting renewable energy by offsetting the creation of energy and its impact on the environment," said Andy Griffin, managing partner of Premium Color Group. "The program being offered by Renewable Choice is the perfect overlay to our commitment to being good environmental stewards."

Renewable energy, also referred to as clean energy or green energy, is defined as "energy derived from resources that are regenerative, or for all practical purposes, cannot be depleted, such as wind power."

Premium Color Group is working with Renewable Choice Energy to voluntarily participate in the program of purchasing renewable energy credits that will be used for carbon offset. Currently 50 percent of all wind sales in the United States are voluntary, signaling that companies are becoming more aware and accountable for their use of energy in production.

"Our commitment is similar to fighting global climate change by turning to alternative renewable energy sources," Griffin said. 

Renewable Energy Credits help reduce the nation's dependency on fossil fuels, promote cleaner air, fight global climate change, increase the demand for renewable energy in this country and promote the development of clean energy sources. Additionally, it signals that companies are taking responsibility for their environmental impact by offsetting their use of fossil fuels.

Wind power is the fastest growing renewable electricity technology in the United States. Capacity has increased 15 percent annually since 1990 and 30 percent since 2000. In 2007, wind power capacity grew by 45 percent; however it still only represents about 2 percent of the nation's total supply.

According to the Department of Energy's March 2008 report, achieving a 20 percent wind contribution to US electricity supply by 2030 would reduce natural gas by 11 percent, reduce carbon dioxide emissions by 25 percent and increase annual revenues to local communities to more than $1.5 billion.

"For these benefits to be realized, we support starting now to tap into renewable energy sources," Griffin said. "As a company, we're doing our part for environmental issues as they relate to power production."

In order to comply with the highest environmental standards available, Premium Color Group is also a member of the Forest Stewardship Council, the leading organization in the battle to ensure that woodland resources are used in a sustainable manner. The company's commitment carries into its clients' materials, which display the Forest Stewardship Council's logo and signify that each client is also committed to the environment and the sustainable use of America's forests.




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