Hurricanes 2005, Connecting Global Warming to Renewable Energy; Green Energy Resources Offers to Purchase 1 Million Tons, Donate Free Seminars to States.

HUNTINGTON, N.Y. -- Green Energy Resources(Pink Sheets: GRGR) pledged to purchase 1 million tons of storm damage wood in 2005, to defray storm costs to victims.

Michael Brown, Director of Fema, said "he must balance communities needs for quick cleanup against protecting taxpayer dollars from being wasted." Fema pays 6 times the normal hauling rate to insure a quick and rapid clean up in an emergency storm situation. On average, Fema is paying $65 per ton to remove storm damage debris, according to a report in the Wall Street Journal last September. The average normal hauling cost per ton is around $10.

Fema and Florida were presented last year with an opportunity offset the cost of storm damage through sales of wastewood. The offer was made in advance of the hurricanes and documented in the press. 35 million tons of storm debris properly and constructively manufactured at the same or lower cost, could have returned between $550 million dollars to one billion dollars to the US and Florida tax payers in hurricane relief. Theoretically, about a$50 refund per person for every man, woman and child in the state.

Fema, which has a cozy relationship with the top contracting companies for its former directors and managers, has been oblivious to contractors reselling the storm damage products. One contractor, is earning nearly $87 per ton selling wood biomass at port Canaveral Fl, Mobile Ala and Virginia, earning nearly $3 million dollars monthly in pure profit. The same contractor is going about delivering seminars in storm management to state and city employees, justifying obsolete and unproductive recovery machinery. The money belongs to the people of the state, not general contractors. Insult to injury, Polk county last year, paid an energy company $3 per ton to take material the company would normally have to Buy at $15-$20 per ton.

Fema in coordination with another agency, such as the energy department or state foresters, could market the products in advance and arrange transportation to the buyers especially in the renewable energy industry. Current prices in New England range upto $40 per ton. At Fema's trucking rate of $1500 per truckload, material could be delivered anywhere in the country. Incredibly, the agency set up to manage disasters, has no plan at all. Instead, they and the contractors do what has worked for them over the last 40 years, condemn, dump and burn, regardless of cost. A policy of overloaded landfills, new taxes, and utility rate payer increases for years to come.

The US Energy bill needs to incorporate a transportation fund of $40 per ton for the renewable energy industry. The provision would allow storm ravaged states to market wastewood and deliver it anywhere in the US, for less than FEMA is paying contractors to deliver materials at local landfills. In short, a renewable energy subsidy that allows the US to recycle and harness natural resources for less money than it takes to destroy them. FEMA, must be a leader and manager and change with the times. There are viable markets and the emerging renewable energy industry will depend on these supplies. Fema does good work, but they need reform. A good start would be to dump existing contractors and "start protecting taxpayer dollars from being wasted."

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.