China Commits $180 Billion to Green Energy

Green Energy Resources Featured at London Biofuels Conference


NEW YORK, NY -- (MARKET WIRE) -- 01/23/06 -- Green Energy Resources
(OTC: GRGR) will speak at the Europe 2006 Bioenergy Conference in
London March 16th. The International conference will include a feature
article in the UK-based Environmental Finance magazine in February.
Environmental Finance has over 30, 000 renewable energy subscribers
and is a top-ranking industry publication.


The conference focus is on expanding biofuels and biomass for
renewable energy in Europe. Biomass has a potential market share in
excess of 60% of all power energy markets and is 30 times larger than
all other renewables combined, except hydro power. The conference will
provide an in-depth analysis by the European Union's policy committee
to rapidly increase biomass and biofuels power production in Europe.
The conference is an opportunity for Green Energy Resources to expand
European business contracts, meet power utility executives and coal
industry utilities. The conference will spotlight Green Energy
Resources as a leader in biomass fuel supplies.


In related News, China's green energy law enacted last year takes
effect this month. The plan is intended to boost renewables to 15% of
total power production by 2020. Biomass energy is a centerpiece of the
new law and provides an unparalleled opportunity for Green Energy
Resources to supply Chinese power companies. China's government
modeled its renewables incentive scheme on European Union countries.
Chinese biomass power plant operators will receive a subsidy of $0.03
per kilowatt for the next 15 years. The greatest incentive and benefit
will be provided to power plants approved before 2010.


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.