Estimating by future growth rates, China is poised to become the leading energy consumer in the world, but right now the U.S. is one of the most abundant users of energy, and Americans are striving to reduce the amount of energy consumed. Many companies across the country are trying to reduce the amount of energy by enhancing energy facilities and industrial regions more efficiently.American Resource Management Inc.’s (Pink Sheets: ARRM) wholly-owned subsidiary Efficient Technologies Inc. is taking part in the solution efforts to reduce the amount of energy consumed by businesses across the country.
Efficient Technologies is maximizing chiller efficiency resources through its EffTrack program. A chiller is a water-cooled air conditioning system that cools inside air, creating a more comfortable and productive environment. They are used in the manufacturing environment to provide “process” cooling to equipment in an effort to maximize productivity.
EffTrack’s “smart” software performs the complex engineering analysis to determine chiller operating efficiency, performance statistics, fault-detecting diagnosis, cost reporting, and problem notification. EffTrack significantly lowers costs and provides recommendations for improvement that further helps increase efficiency as well as savings.
Efficient Technologies is a partner of Energy Star, which is a joint program of the U.S. Environmental Protection Agency and the U.S. Department of Energy. These departments have helped people and businesses save money while protecting the environment through energy efficient products and practices.
Savings alone last year by Energy Star were enough to reduce greenhouse gas emissions from roughly 25 million cars. Congress has put items in place that will further reduce greenhouse gas emissions and increase efficient use of energy that could help our country become the global leader in providing an energy efficient future.
American Resources, through its subsidiary Efficient Technology, is doing its part to help control the energy waste practices by most businesses in the U.S. Currently ARRM is trading at about 42 cents on the dollar, and has been in an upward trend over the past month climbing almost 24 cents.