Coal Goes Cofiring, Mercury Air Emissions Reduced up to 90 Percent; Green Energy Resources Positioned to Meet National Demand

HUNTINGTON, N.Y.--(BUSINESS WIRE)--April 4, 2005

Green Energy Resources (nasdaq otc.GRGR.pk), citing CNBC, announced cofiring has been selected by the power utility industry. The breakthrough was partially revealed in an interview with a top coal company executive last Friday on "Morning Call." Its also been learned the central topic at the coal conference scheduled this month in Tampa, (Fl.) is cofiring. An Industry analyst described the situation as "a paradigm shift." Green Energy Resources is expected to have a major industry partnership role.

Over 51% of American electric power is generated from coal. The value of the industry is estimated in trillions of dollars. The Growth potential of supplying hundreds of millions of tons of environmentally certified wood biomass is in the billions of dollars. The mixture of biomass with coal to achieve a positive environmental result is approximately 10%. Coal use in the United States could be expanded up to 75% of domestic power generation and achieve the requirements of the Kyoto treaty.

Cofiring is an environmentally friendly application of mixing wood biomass with coal to reduce harmful emissions. Recent test data indicates naturally occurring elements available in wood neutralizes mercury and turns it into a harmless but saleable compound.

The US Govt's EIA (Energy Information Agency) states cofiring "has virtually no cost to retrofit" and can be implemented without delay. cofiring does not require expensive scrubbers of any kind, and "reduces energy costs." It's America's best opportunity to take immediate and radical action to reduce greenhouse emissions. No other course of action is as cost effective or can be implemented in as short a period of time. Biomass is 30 times the size of wind and solar energy combined, according to the EIA.

Green Energy Resources is a supplier of UTCS environmentally certified wood biomass. GER has established a national delivery and supply network in the US over the last 3 years and recently reported an estimated 58 million tons in a supply line network. The company recently announced first qtr profits for 2005, on top of its 2004 profits. The company has no debt, has not raised a single dollar of public funds and operates solely on its own cash flow. The company is expected to generate profits for 2005.

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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