Genesee Energy - Reducing Carbon Emissions

February 28, 2017

FOR IMMEDIATE RELEASE

Genesee Energy is paving a path to help reduce carbon emissions

Seattle, WA February 27, 2017 - With growing awareness of todays increasing greenhouse gasses, Seattle local Company Genesee Energy is creating a path for residential oil heat customers to reduce their carbon footprint by a minimum of 4%, and up to as much as 75%. This reduced carbon output is well below the carbon output of natural gas consumers.On Monday, February 27, 2017, Genesee Energy began the process of replacing its two underground storage tanks, doubling the size and allowing for onsite biodiesel blending. One of these tanks will right away hold a B5 blend of Bioheat. The letter “B” refers to the percent by volume of biodiesel per gallon of Ultra Low Sulfur #2 Heating Oil (ULSHO). Biodiesel is a renewable fuel made from a variety of feedstock. Genesee Energy uses biodiesel made locally; specifically from recycled restaurant cooking grease collected and refined by Portland based Sequential Biofuel. Customers heating their homes with this B5 blend will reduce carbon emissions by approximately 4% per year, and have the option to reduce carbon emissions to 75% by increasing their blend to B99 (99% biodiesel to 1% ULSHO).President and CEO Steve Clark states, “We will have one of few Bioheat storage facilities in the city. We are positioning ourselves to help residential customers make an easy choice in the fight to reduce greenhouse gas emissions.” Eventually all customers will get the B5 Bioheat blend if Genesee Energy is their heating oil provider. But they will also have the choice of increasing the blend to B25, B50, or B99. “But even with the B5 blend, people will be making a difference. We will be reducing thousands of pounds of carbon going out into the environment. And it only gets better. A customer using B99 is putting out about 75% less carbon than its neighbor using natural gas. Getting people to understand that has been one of our biggest battles over the last 10 years since Bioheat became available to us. People still have this idea that oil heat is bad, but when you look at the numbers and consider Bioheat, its not.” Remarks Steve.Because the fight against global warming is gaining attention at the legislative level, we will likely see more initiatives on the table such as the one Washington State voters (I-732) recently rejected. Although this Carbon Tax Initiative may not have been the right vehicle, the motive is spot on in the need to find ways to drastically reduce our states carbon footprint. New York City is forging the way with an aggressive greenhouse gas reduction strategy. Just last fall the New York City Council passed I-642-A, which mandates 5% biodiesel in all heating oil, with a long-range plan to increase that to B20 by 2034. In addition to that, New York State is issuing generous tax credits for residents using renewable fuel, of which Bioheat qualifies.Genesee Energy tank replacement project is made possible in part by receiving a grant through Pollution Liability Insurance Agency (PLIA), a government agency associated with the Washington State Department of Ecology. The two 36,000 gallon underground tanks will be first class double wall fiberglass with spill prevention.In addition to global benefits, Bioheat has local and national benefits as well. Portland based Sequential Biodiesel collects used restaurant cooking grease from local venues such as Qwest Field and the University of Washington. If not collected, refined, and repurposed into biodiesel, that cooking grease would end up in the landfill. The more biodiesel in the blend, the less fossil fuel is used. Biodiesel production not only reduces our nations dependency on foreign oil, but has created approximately 60,000 US jobs to date.For more information contact: Steve Clark stevec@genesee-energy.com

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