It cannot be “Business as Usual.”
Phoenix, AZ — (June 24, 2021) – Green Planet Group, Inc. (OTC PINK: GNPG), an emerging leader in green technology, announced today that its revolutionary food growing system creates approximately 58,400 carbon credits per year. By retiring cultivated soil, farmers don’t have to plow, plant, or fertilize their crops. This is just one way to reduce their carbon footprint.
The company has developed a carbon collateral program that provides the grower/investor an additional revenue source of approximately 58,400 carbon credits x $21.75, the current worldwide average value of a carbon credit. That equates to approximately $1.3 million. The carbon credits provide additional revenue to the farmer and help reduce the impact of global warming.
“Global warming is manifesting in Arizona in a big way” says Edmond L. Lonergan, President/CEO. “We are in Phoenix. So far this summer, we have broken the daily high temperatures early in the season.”
According to Marvin Percha, a meteorologist with the National Weather Service in Phoenix, “temperatures reached 115 degrees or higher for six consecutive days at Phoenix Sky Harbor International Airport and broke four records. Las Vegas broke records with temperatures as high as 116 degrees and in Salt Lake City, high temperatures topped 100 degrees on five days, peaking at 107.”
Lonergan continued, “a significant amount of the state’s water supply comes from the Colorado River. Lake Mead and the Colorado River are at all-time lows. Water supplies to Arizona are definitely in peril and because 70% of all water is used in agriculture, farmers are at risk of
Our State, Country, and other parts of the world are experiencing similar changes in local weather and as predicted, the rate of change continues to increase. We all hope that things will get back to “normal”, but we don’t take action so nothing gets done.” As Albert Einstein said, “doing the same thing and expecting a different result is the definition of insanity!”
The Company’s wholly owned subsidiary, Healing the Earth, has developed a high-speed, organic growing system that uses only three percent of the water needed by farm grown crops; doesn’t use chemical fertilizers or herbicides; and eliminates plowing, planting and irrigation costs.
In addition, the largest system can produce approximately 32 tons of food daily. This growing system can help feed the world’s population, while at the same time help meet President Biden’s pledge for the US to reach net-zero emissions no later than 2050.
The Company is taking action to make a positive impact on this world.
At Green Planet Group it is NOT “Business as Usual.”
For more corporate information, see the company’s website, www.greenplanetgroup.com.
About Green Planet Group, Inc.
The Company is comprised of four wholly owned subsidiaries: two operating companies and two development stage companies. The Company’s Healing the Earth subsidiary has developed a new Fast Track™ growing system capable of growing vast amounts of fresh, organic food with extremely low water use. XenTx Lubricants produces lubricants and additives for gasoline and diesel engines which reduce emissions and improve fuel economy. AAQIS is developing a hydrogen generator which greatly reduces hydrocarbon emissions while improving fuel efficiency in internal combustion engines. Green Mining Technologies is developing restorative technology for placer mine tailings.
Certain statements contained herein are “forward-looking” statements (as defined – Private Securities Litigation Reform Act of 1995). Green Planet Group, Inc. cautions that the statements made in this press release constitute forward-looking statements and no guarantees of future performance and actual results may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time the statements are made.
Edmond L. Lonergan, CEO