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Woodchips for Energy, Bush, in State of the Union

Green Energy Resources to Supply Ethanol Plant

Green Energy Resources (OTC: GRGR) cited President Bush's State of the Union address calling for woodchips to be a part of Americas' energy solution. The president touted woodchips in regard to ethanol technology. Woodchips are the most dynamic and far reaching of all renewable energy resources. Wood biomass and wood fibers have potential market share in excess of 60% of all energy markets.Primary utilizations include, gasification, biodeisel, direct burn and co-firing.

Green Energy Resources provided a letter of intent to supply over 50,000 tons of woodchips annually, for an ethanol plant in Maryland begining in 2008.

Woodchips mixed with coal,(co-firing), according to the US Energy Information Agency ( EIA), is an inexpensive capital investment with immediate impact towards zero green house emissions. It is the plan most favored and being adopted in Europe. Co-firing could reduce Americas green house emissions in less than five years. America is the worlds largest green house emitter and a major contributor to global climate change.

Co-firing is a solution to the TVA's coal emitting plants sued last week by North Carolina in Federal Court. The suit is similar to Eight states that sued last year in Federal court in regard to emissions from coal burning power plants in the Midwest.Co-firing is also a potential solution to Mirant's dilemna in Virginia, where the Federal authorities have ordered the power plant to generate power, but counter ordered by the state of Virginia to remain shut due to high emissions output.

Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.

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