GLOBAL GREEN SOLUTIONS INC. (OTCBB: GGRN)

Dear Reader,

There are stories and there are issues. And there are companies with business plans for both.

Last November we were introduced to a company that has created a program to help companies reduce emissions and generate valuable carbon credits… the very things that can help reduce global warming.  It was and remains a sound idea with a sound business plan.

But something has changed.  Just as the Columbine shooting sparked mass discussions of gun control, safer schools, and changes in the firearms industry another global event has ignited the discussion of global warming.

If you weren’t among the 40 Million people who watched the Academy Awards last week, like it or not, Al Gore and his film about global warming “An Inconvenient Truth” were the proverbial stars of the show.  The film’s Oscar and exposure were a tremendous catalyst to worldwide awareness of the issue.

So, today we are re-releasing our previous profile of Global Green Solutions, Inc. (OTCBB:GGRN), the aforementioned company with an anti-global warming solution.  Perhaps now the time is right to look at both the issue and this company.
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Breaking *NEWS* from Global Green

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Press Release Source: Global Green Solutions Inc.
Tuesday February 27, 6:00 am ET

SAN DIEGO, CALIFORNIA--(MARKET WIRE)--Feb 27, 2007 -- Global Green Solutions Inc.(OTC BB:GGRN.OB - News), a developer of ecotechnology solutions for renewable energy and greenhouse gas reduction, has completed its acquisition agreement with Greensteam Development Inc. The new business, Global Greensteam LLC, a joint venture with ITS Engineered Systems and The Onix Corporation, will convert waste biomass into low cost steam for industrial applications.

Global Greensteam will reduce steam generation energy costs up to 30 percent less than natural gas-fueled steam. Waste biomass will be converted to steam using a low-polluting cyclonic solid fuel burner. The burner is incredibly efficient and releases minimal carbon dioxide and nitrous oxide, and virtually no sulfur, into the atmosphere. Currently, the waste biomass is clogging landfills or burned at the production site, contributing to air pollution. With Global Greensteam, a virtually unlimited supply of waste biomass will be transformed into renewable, alternative fuel. The result will be cost-effective steam with a lower carbon emissions footprint.

The company will design, build, own and operate the steam generation units. Global Greensteam will retrofit or replace a customer's current steam generators at the customer site and can assume responsibility for steam generation operations. This outsourcing of steam generation will allow customers to concentrate on their primary businesses by eliminating their involvement with the steam generation process.

Global Greensteam and Aera Energy LLC Sign MOU
Global Greensteam LLC has also signed a Memorandum of Understanding (MOU) with Aera Energy LLC (Aera), one of California's largest oil and gas producers. Under the terms of the MOU, Global Greensteam will negotiate contracts with Aera for the purchase of the steam generated by Global Greensteam's renewable energy technology. The steam will be utilized in Aera's enhanced oil recovery operations, replacing steam currently being generated by natural gas fired units.

Aera produces approximately 185,000 barrels of oil and 65 million cubic feet of natural gas daily. The company has oilfield operations in the San Joaquin Valley, L.A. Basin and Ventura and Monterey counties.

Global Green Solutions Inc., www.globalgreensolutionsinc.com, develops and implements ecotechnology solutions for renewable energy and the reduction of greenhouse gas emissions. Global Green Solutions Inc. is a US public traded company (OTC BB:GGRN.OB - News) with offices in Vancouver, San Diego, El Paso, London, Brussels, Caracas and Johannesburg.

Safe Harbor for Forward Looking Statements:
Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company's actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include, but are not limited to, customer acceptance of the company's services, products and fee structures, the success of the company's brand development efforts, the volatile and competitive nature of the industry, and changes in domestic and international market conditions, and foreign exchange rates.

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Contacts:

Source: Global Green Solutions Inc.
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About Global Green Solutions Inc.

Global Green Solutions Inc. ("Global Green" "GGRN") develops and implements ecotechnology solutions which focus on the development of sustainable renewable energy and the reduction of greenhouse gas emissions in energy industry applications. Global Green has offices in Houston, El Paso, San Diego, London, Brussels, and Caracas.

Greenhouse Gas (GHG) is a term used to describe gases harmful to the environment when emitted into the atmosphere. The Company's objective is the application of its solutions, technologies and services to reduce GHG emissions from oil and gas facilities and the development of projects designed for the production of bio-fuels and the sequestration of CO2. W

Global Green also specifically targets emissions reduction projects in the oil and gas, production, processing and pipeline transportation sector, mainly for companies and operators with aging facilities.

In the recent past, Global Green acquired the assets, know-how, experience and proprietary methodologies of Sealweld International, including service contracts with their key employees. As part of the assets of Sealweld International, Global Green acquired a service contract to carry out a project in the Ukraine led by the United States Environmental Protection Agency - Methane to Markets Program.

Since December 2005, Global Green has invested in business development, sales and marketing activities and are presently negotiating contracts with government owned oil and gas companies in Europe, Central Asia and Latin America.

On October 2, 2006 Global Green entered into an agreement with Pagic LP, Valcent Products Inc., and West Peak Ventures of Canada Limited. Under the agreement, Valcent and Global Green Solutions Inc. will jointly participate in the development of a patent pending, bio mass system to produce hydrocarbons while sequestering CO2, by growing certain algae. This technology broadens Global Green's approach to mitigating greenhouse gases. 
A pilot project to demonstrate the commercial feasibility of the technology is being built in El Paso, Texas. The plant is expected to be operational by July 2007. The pilot plant has an estimated cost of $2,500,000, which is to be provided by Global Green. 

Global warming, which is primarily caused by greenhouse gas (GHG) emissions, is a serious threat to our planet.  The scientific community has ascertained that climate change, as a result of global warming, is causing significant damage to the environment and all living species.  To address this issue, many countries and international authorities are mandating GHG emissions reduction and less fossil fuel consumption. Alternative energy sources are also being explored and developed.

Global Green  recognizes that it is imperative that greenhouse gas reduction programs be financially attractive to its clients.  To meet this challenge, GGRN has developed a portfolio of innovative solutions, services, and eco-technologies for the energy industry that target both emissions reduction and renewable energy production.

The U.N-sponsored Kyoto Protocol has established a worldwide program that sets targets for industrial GHG emissions reduction, with financial incentives for companies implementing an emissions reduction program. The program offers project financing support and an international carbon emissions trading system that allows emitters to receive "carbon credits", which have a monetary value, as payback for emissions reduction.

Global Green applies advanced ecotechnology techniques to reduce industrial GHG emissions to support the Kyoto Protocol standards, while generating financial benefits for our clients. Using an innovative approach, Global Green Solutions provides the funding and the technology, and manages and implements the project. Global Green receives its compensation from a share the carbon credits generated from the emission reductions, and hence based on its project performance. The client profits from the reduced production losses and also from a share of the carbon credits generated.

Carbon Credits are measured in units of certified emission reductions (CERs). Each CER is equivalent to one tonne of carbon dioxide reduction. India has emerged as a world leader in reduction of greenhouse gases by adopting Clean Development Mechanisms (CDMs) in the past two years. Carbon emissions trading involves the trading of permits to emit carbon dioxide (and other greenhouse gases, calculated in tonnes of carbon dioxide equivalent, tCO2e).  It is one of the ways countries can meet their obligations under the Kyoto Protocol to reduce carbon emissions and thereby mitigate global warming.

The world's only mandatory carbon trading program is the European Union Emissions Trading Scheme (or EUETS). Created in conjunction with the Kyoto Protocol, a 1997 international treaty that took effect in 2005, it caps the amount of carbon dioxide that can be emitted from large installations, such as power plants and factories, in the EU's 25 member countries. 

A country (or group of countries) caps its carbon emissions at a certain level (this is known as cap and trade) and then issues permits to firms and industries that grant the firm the right to emit a stated amount of carbon dioxide over a time period. Firms are then free to trade these credits in a free market. 

Firms whose emissions exceed the amount of credits they possess will be heavily penalized. The idea behind carbon trading is that firms that can reduce their emissions at a low cost will do so and then sell their credits on to firms that are unable to easily reduce emissions. A shortage of credits will drive up the price of credits and make it more profitable for firms to engage in carbon reduction. In this way, the desired carbon reductions are met at the lowest cost possible to society.

Methane (natural) gas is a major contributor to global warming, with a global warming impact 21 times that of CO2. Oil and gas operations are the leading source of methane emissions, accounting for over 960M tonnes of carbon dioxide equivalent in 2000 (EPA, 2005), and expected to increase 50% between 2005 and 2020. 

This approach to plant emissions reduction is most beneficial in oil and gas-rich emerging economies, where there is a significant methane emission reduction opportunity and, too often, no technology or budget to pay for GHG emission reduction projects. In 2006, a Global Green demonstration project in the Ukraine reduced emissions on a small section of a natural gas pipeline transmission system which, as a Kyoto project, would have generated a carbon credit value of $1.5 million per year for 10 years.
 

In addition to global warming concerns, the high price of fossil fuels and geopolitical issues regarding fossil fuel supply are driving market demand for alternative fuels such as biodiesel. Some U.S. states, California for example, are mandating renewable energy use by publicly owned utilities. 

The U.S Department of Defense, the largest fuel user in the world, requires 75% of the new vehicles it purchases to be alternate fuel users. Currently, one third of the vehicle fuel consumption in Brazil is biofuels. Studies indicate that world market demand for alternative energy and biofuels will increase dramatically in the coming years. The U.S. Department of Energy projects a $70 Billion market in the U.S. alone by 2010, while Frost and Sullivan, international market consultants, expect an annual growth rate of 25% a year in Europe. The US Department of Agriculture believes that demand for biodiesel fuels will grow astronomically and account for 200 billion barrels produced by 2010. 

As a leader in the advent of renewable energy, Global Green recently announced it has acquired the exclusive license to develop and commercialize the "Vertigro" energy technology developed by Valcent Products Inc., which uses sunlight to convert CO2-rich waste gas into mass-produced algae-based vegetable oil to be used as a biofuel.

The Vertigro technology utilizes vertical farming techniques to produce yields in the range of 4000 barrels of oil per year per acre at a projected cost of $20 a barrel. The benefits of the Vertigro production process are cost effectiveness, utilization of non-arable land, and relatively low capital expenditure. This technology will have applications in the oil and gas, petrochemical and power generation industries with target markets in the USA, Latin America, Mexico and South Africa.

November 03, 2006 2005 set record for atmospheric greenhouse gas: UN
Heat-trapping greenhouse gases in the atmosphere reached a record high in 2005 and are still increasing, the UN weather agency said Friday... 

October 30, 2006 Global Warming Could Devastate Economy, British government report says unchecked global warming will devastate world economy
Unchecked global warming will devastate the world economy on the scale of the world wars and the Great Depression, a British government report said Monday, as the country launched a bid to convince doubters that environmentalism and economic growth can coincide...

U.S. Department of Energy - Alternative Fuels Data Center - What Is Biodiesel? How Is Biodiesel Made? The Biodiesel Market . 

The Bio Fuel Review - A primary news source for the biofuel, biodiesel industry.
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Market Benefits and the Global Green Advantage

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Emission reduction projects produce three significant benefits, namely: - Loss reduction financial benefits whereby reducing methane gas operational leakage increases sales revenues for the oil and gas operating company - Sustained methane gas emission reductions into the atmosphere. Methane is one of the largest contributors to global warming and a key target for greenhouse gas reduction. - Global Carbon Credits. The reduction in methane emissions has a financial value which can be traded as a Carbon Credit and emissions allowance to other companies or countries.

Global Green possesses the unique and diverse knowledge and experience necessary for the successful development and implementation of international oil and gas emission reduction programs:

     * Upstream and Midstream Production, Processing, and Transportation Operations
    * International Projects Management and Methodologies
    * Project Financing and Performance Contracting
    * Global Emissions Reduction Protocols and Practices

Global Green's key personnel have been at the forefront of both global GHG emission reduction policy development and practical application in oil and gas applications:

    * Successfully delivered emissions reduction credits on UK Projects in the world's first national emissions trading system
    * Founding member of UK emissions trading group
    * Participated in U.S. EPA Gas Stars technology case study (see link under case studies on this site)
    * Successfully completed U.S.-sponsored Methane-to-Markets demonstration project in Ukraine
    * Genesis of U.S. EPA Gas Stars valve integrity Best Practices
    * Implemented 1st U.S. EPA-sponsored technology transfer to Russian Federation through U.S/Gazprom Working Group
    * Published widely-referenced Fugitive Emissions Reduction article in Pipeline and Gas Journal in 1999
    * 1st to Prove Value of Pipeline/Valve Leak Mitigation on Rusagas-University of Oregon Study
    * Active Participant on UN Working Party on Gas since 1995

Global Green has developed a broad and expanding portfolio of innovative and cost effective technologies for oil and gas emission mitigation:

      * Emissions Measurement, Monitoring and Verification
    * Valve and Mechanical Seal Integrity
    * Pipeline Integrity Monitoring
    * Instrumentation, Automation and Process Control
    * Reservoir Modeling for GHG Re-injection and Sequestration
    * Renewable Energy from Bio-sequestration

The U.S. EPA sponsors the Natural Gas STAR program. Through this program, EPA works with companies that produce, process, transmit and distribute natural gas to identify and promote the implementation of cost-effective technologies and best practices to reduce emissions of methane.

Global Green personnel were the first to quantify the methane emissions reduction opportunity from pipeline valve leaks, particularly at compressor stations. Global Green participated in the Rusagas Fugitive Gas Capture Project in the Russian Republic. This project was implemented under United Nations Kyoto Protocol mechanisms. Hugh Chisholm, who led the efforts on this project, is widely acknowledged as a leading expert in valve operations and maintenance in oil and gas operations. Mr. Chisholm manages Global Green operations in Houston, TX. The project results indicate: 

1. 1. A large methane emissions problem from valve leaks.
2. 2. Global Green's unique technical solution to reduce those emissions.

Global Green personnel also successfully implemented the valve leak survey and fix at El Paso Natural Gas, which contributed significantly to the documented emission reductions.

Global Green personnel were also instrumental in the development of several EPA Gas STAR best practices for example: Directed Inspection and Maintenance at Gate Stations and Surface Facilities and Directed Inspection and Maintenance at Compressor Stations.

Global Green principals authored a widely-referenced Fugitive Emissions Reduction article in Pipeline & Gas in Aug 1999. The Global Green sealing system helps detect leaks, curb fugitive emissions, and defines the Global Green valve sealing system.

The UK has always been a leader in the areas of safety and the environment, and they were early to recognize the opportunities presented by emissions trading systems.  Global Green technology was instrumental in generating substantial and profitable early emissions credits from UK projects which were ultimately traded on the UK credit market.  Global Green valve integrity technical solutions have been integrated into the standard operating practice of a leading global oil and gas company who acknowledge in their valve maintenance handbook that leaky valves are the biggest methane problem in oil and gas

Recent News from GGRN

Press Release Source: Global Green Solutions Inc.
Monday February 26, 6:00 am ET

SAN DIEGO, CALIFORNIA--(MARKET WIRE)--Feb 26, 2007 -- Michael Gilbert has been named vice president, strategy and business development, for Global Green Solutions Inc.(OTC BB:GGRN.OB - News), an ecotechnology company. Gilbert will be primarily responsible for the business development and marketing of Vertigro, Global Green Solutions algae-to-biofuel technology. Gilbert's previous positions included business strategy consultant for Cleantech Industry, manager for futures strategy with Pitney Bowes Inc., and international environmental technical assistance project manager for the U.S. Environmental Protection Agency. He is a graduate of Cornell University and a licensed professional engineer (PE) and certified energy manager (CEM).

"The overwhelming worldwide interest in Vertigro demanded that we expand our senior management team to maintain responsiveness to customers and investors," said Doug Frater, president and CEO of Global Green Solutions. "Michael's extensive experience in environmental and energy businesses will be a significant asset as we position Vertigro to become the leading biofuel feedstock technology."

The Vertigro technology mass produces algae and extracts the vegetable oil, which becomes feedstock for a cost effective, non-polluting biofuel. Vertigro bioreactors are extremely environmentally-friendly and utilize minimal water and no agricultural land. Production estimates are 180,000 gallons of oil per acre per year, or 4,000 barrels, with an approximate cost of $25 USD per barrel. The algae-derived fuel will be an energy efficient replacement for fossil fuels and can be used in any diesel powered vehicle or machinery.

To read the complete release and disclaimer, Click Here

Press Release Source: Global Green Solutions Inc.
Thursday February 22, 10:57 am ET

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Feb 22, 2007 -- Global Green Solutions Inc. (OTC BB:GGRN.OB - News), an ecotechnology company, has completed a private placement of securities having a value of $4,447,000.00 consisting of units at a $1.00 with a half warrant.

"We are extremely pleased with the private placement proceeds as it reflects the confidence of the investment community in the future of our company," said Doug Frater, president and CEO of Global Green Solutions. "We are proud to be rapidly developing a reputation as a leader in the alternative energy market.

"Worldwide demand for renewable, sustainable energy resources is increasing. This significant influx of financial assets will support the ongoing research, development and marketing of our ecotechnology solutions for renewable energy and the reduction of greenhouse gas emissions, including our Vertigro algae-to-biofuel feedstock technology," Frater said.

To read the complete release and disclaimer, Click Here

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Oct 4, 2006 -- Global Green Solutions Inc. (OTC BB:GGRN.OB - News) announced it has the right to earn the exclusive world rights to a bio-fuel oil technology (known as Vertigro) from Valcent Products Inc. of El Paso, Texas. Vertigro is a C02 sequestration system in high-density vertical bioreactors for the mass production of certain algae that consume up to 90% of their weight with C02 using sunlight as the energy source to drive photosynthesis. Approximately 50% of the dry weight of the algae is an oil suitable for bio-fuel blending with diesel and for other uses. Vertigro is designed as a continuous closed loop that uses little man made energy and nominal water.

To read the complete release and disclaimer, Click Here
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Leadership at Global Green

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Doug Frater is the president and CEO of Global Green and managing director of Global Green Solutions Ltd. (UK). He has 30+ years of experience in the energy industry, primarily in automation and control technology.  Prior to joining Global Green, he was a managing partner with Sigma Consult, where he was responsible for sales, marketing and business development to new technology and solution integration companies in the oil and gas markets. He also worked for Honeywell International Industrial Controls Business as sales vice president, Europe, Middle East and Africa and global director, oil and gas business and international projects.

Financial Highlights For GGRN

 Goals for the fiscal year ending November 30, 2007

Secure Phase II funding grant from International Utility Efficiency Partnership, US Methane to Markets Program or other global mechanisms, to carry out studies of potential greenhouse gas emission reductions across expanded sections of natural gas, high pressure, pipeline transportation systems in Europe and Central Asia.

Commence implementation of the Phase II Ukraine project funded under an International Utility Efficiency Partnership, US Methane to Markets Program or other global mechanism. Project to implement greenhouse gas measurement and reduction across expanded sections of Ukraine natural gas, high pressure, pipeline transportation systems.

• Determine commercial viability of CO2 bio sequestration technology.
• Determine commercial viability of a unique combustion technology utilizing agricultural waste to generate steam, targeting heavy oil companies.
• Explore the development of a consortium of strategic alliance partners related to carbon storage and gas emissions re-injection for oil and gas reservoirs.
• Explore feasibility of Carbon Development Mechanism projects in Southern Africa related to the GHG emissions reduction in the oil and gas industry. 

No revenue was generated in the quarter ended August 31, either in 2006 or 2005. In the nine months since the previous year end, November 30, 2005, the Company received $152,000 to complete a demonstration project in the Ukraine, funded under an International Utility Efficiency Partnership, US Methane to Markets Program grant. The grant was provided to study greenhouse gas measurement and reduction on natural gas high pressure pipeline transportation systems. The Company currently relies on the sale of securities and loan instruments to fund operations. 

SIC Number: 1099 Fiscal Year End: 11-30 Industry: Metals/Mining Warrants:  3,956,998 Options:  2,275,000 Convertible debt:  605,107 Fully Diluted:  37,071,476 Recent Trade: 1.15 (03-02-07) 52wk Range: 0.55 - 1.40 Outstanding Shares: 30,234,371 as of 2006-10-16 Est. Market Cap: 35.8 M (approx) as of 2007-03-01 Primary State of Incorporation: Washington Country of Incorporation: USA Transfer Agent: Pacific Stock Transfer

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