Blue Source Canada Expands with Toronto Office and Names Yvan Champagne as Vice President Eastern Canada

    TORONTO, July 6 /CNW/ - Blue Source Canada, a subsidiary of Blue Source
LLC, today announced that it is expanding its operations with an office in
Toronto to better serve as a resource for businesses and emission reduction
project developers as the country moves to regulate national greenhouse gas
emissions.
    The Company also announced it has appointed Yvan Champagne as Vice
President Eastern Canada, formerly the managing director of the Carbon
Reduction Fund, to work on emission reduction strategies and development of
markets across Canada.
    "This move to open an office in Toronto, combined with the appointment of
a knowledgeable environmental leader will allow us to better serve as a
nationwide resource for emission reduction solutions that deliver real and
lasting opportunities across Canada," said Robert Andrews, President of Blue
Source Canada.
    Blue Source Canada was founded in Alberta in 2003. Blue Source Canada's
management team has developed leading experience in carbon marketing, working
with progressive companies across Canada to identify, document, create and
market emission offsets. In 2007, it began marketing emission offsets in
Alberta through Canada's only regulated system. The company this year
registered 1.11 million tonnes of emission offsets in the 2008 compliance
reporting period under the Government of Alberta's Specified Gas Emitters
Regulation. Blue Source Canada has a diverse portfolio of carbon emission
offsets, many of which are created from projects involving biomass facilities,
renewable energy projects, landfill gas capture and utilization, and
agricultural-based emission reductions.
    Blue Source Canada is now able to work with a wider selection of Canadian
businesses, proactively searching for ways to create, identify and market
emission reductions as additional provincial and federal programs are adopted
across Canada.
    "Blue Source has a great track record of working with partners to
overcome barriers and turn greenhouse gas reduction opportunities into actual
projects," Champagne said, "With our office in Toronto, we are extending our
team and track record to better serve existing and potential partners in
Ontario, Quebec and Atlantic Canada. We look forward to working with new
groups that have opportunities to reduce large quantities of emissions."

    About Blue Source, LLC

    Blue Source offers businesses multiple approaches for reducing and
managing greenhouse gas emissions. Blue Source provides access to capital to
fund project development, works with companies on developing projects and
oversees production of long-term Verified Emission Reductions (VERs). Blue
Source Canada is a leader in Canada's domestic offset opportunities with an
extensive supply portfolio having registered or sold over 5 million tonnes of
emission offsets. Blue Source Canada's technical division leads in technical
expertise for protocol development and offset identification. For more
information, please call 1-403-262-3026 or visit bluesourcecan.com. Yvan's
contact information in Toronto is 1-416-488-0300 or yvanc@bluesourcecan.com.

For further information: Media Contact: Joe McGurk, jmcgurk@cjpcom.com,
(203) 378-1152 x121