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Free Forest Environmental Certification and Marketing of Carbon Credits Offered By Green Energy Resources to Capture Increased Market Share

Posted on: Monday, 20 November 2006, 09:00 CST

Green Energy Resources (PINKSHEETS: GRGR) is offering forest land owners in Louisiana, Texas, Virginia and Mississippi UTCS environmental certification of timberlands at no charge. Green Energy Resources will help market the sawn wood through its environmental label and sell carbon sequestration credits of the standing timber to international buyers. The plan is a first ever.

Green Energy Resources' marketing plan is designed to capture market share from the largest U.S. forest product corporations and secure long-term supplies of environmentally certified wood for itself. Green Energy Resources' strategy is to increase company revenues through proceeds of UTCS certified products and sales of the carbon credits. At present, there are over 10 million acres of uncertified timberlands in the Gulf coast states alone.

The UTCS environmental certification system is the most comprehensive system in the world. UTCS includes wood from urban and suburban environs cut by the non-forest industry as well as forest and plantation-grown trees. It is the only system that collects data from municipalities,storm damage and government approved land clearings .UTCS is complete with chain of custody documentation, and 3rd party verifications. The certification meets international standards and is 100% Kyoto compliant.UTCS software is a web-based online system that can be readily implemented at virtually no cost to the company and has GPS handheld devices.

Environmentally certified wood is currently a requirement in most international exports.The U.S. has failed to compete globally or meet environmental standards since the late 1990s. The U.S. is a net importer of many products, including woodchips from South America. The imports are reducing the number of forest industry jobs and driving up consumer prices through labor pool shortages. Green Energy Resources' plan addresses the largest issues facing the industry, growth through exports, the expansion of the domestic forest industry workforce and declining real wages for forest industry loggers.

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 company's 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.

 CONTACT: Green Energy Resources Joseph Murray 631-375-7921 joe.murray@greenenergyresources.comwww.greenenergyresources.com  or  Worldwide Financial Marketing, Inc. USA Investor Relations Int'l: 1-954-360-9998 Nat'l: 1-866-360-9998 Info @ wwfinancial.com www.wwfinancial.com

SOURCE: Green Energy Resources


Source: MARKET WIRE

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