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GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing renewable energy solutions, stands to benefit from a recent EPA ruling and proposed climate bill.

House Energy and Commerce Committee Chairman Henry Waxman has proposed a climate bill that would require businesses to reduce their greenhouse gas emissions by twenty percent by 2020. The bill will begin its opening round of debate in Congress this week. The hearings will follow the Environmental Protection Agency’s ruling last week that greenhouse gases pose a danger to the public, a finding that opens the way for new regulation of cars, power plants and factories.

Mr. Waxman also stated that he believes that most of the estimated $646 billion in revenue raised from carbon permits under the proposed cap-and-trade system should be spent on green technologies.

These developments make the recent announcement from GWSC that it has teamed with Sustainable Eco-Green Development Co. to develop an alternative energy-themed industrial park in Mesa, Arizona seem prescient.

“Green industrial parks that integrate sustainable, on-site solar power with LEED certified buildings are healthier and more productive work environments,” said Richard Reincke, President of GWSC “And over time, green buildings are cost-effective because of lower operating costs. We believe the recent finding by the EPA, and the requirements for greener building standards, will create a tremendous demand for green industrial parks nationwide.”

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