- George Soros recently warned on the effects of global warming, stating that the potential melting of the Greenland ice sheet could threaten the future of survival
- GeoSolar Technologies has looked to deliver on the technological advances needed to address climate change, through the development of its proprietary Smart Green(TM) Home system
- The residential energy solution seeks to harness solar and geothermal energy in a bid to slash household emissions – whilst simultaneously reducing household utility bills
Billionaire investor, George Soros is well renowned for being outspoken about causes he is passionate for; most recently, his target has been centered around the environment. Earlier this year, Soros addressed the Munich Security Conference, during which he expounded on the dangers posed by the melting of the Greenland ice sheet, an event which he stated, “pose[d] a threat to the survival of our civilization.” Although Soros used the occasion to back the idea of using experimental geo technologies to shield the Arctic from melting, as well as an overhaul of international finance to address the challenge ahead, his speech laid out the stark necessity for new technologies to be developed to confront the increasingly fraught environmental challenges posed by global warming.
GeoSolar Technologies (“GST”), a Colorado-based climate technology company pioneering an approach into clean energy solutions for households, has centered its corporate mission around doing exactly that. The company has pioneered the creation of its proprietary Smart Green(TM) Home system technological solution, designed to address the residential energy use which drives as much as 20 percent of greenhouse gas (“GHG”) emissions in the United States (https://ibn.fm/pWdTU).
Putting that figure into perspective – if the U.S. housing sector’s emissions were to be considered as a country, that country would represent the world’s sixth largest GHG emitter, comparable to the entirety of Brazil’s emissions and ranking significantly higher than those of Germany. Perhaps more ominously, by 2025 the United States will add an estimated 70-129 million residents and 62-105 million new homes, further illustrating the urgent need to reduce emissions across the U.S. housing sector.
In its bid to both, address U.S. household emissions as well as transform every aspect of the living experience for the better, GeoSolar’s proprietary technology seeks to harness both, the power of the sun and earth to fully electrify homes. From solar panels on roofs and geothermal heat pumps which harness heat emanating from the earth’s core, through to advanced CERV 2 air purification systems designed to manage indoor air quality in an efficient and intelligent manner, the Smart Green(TM) system has been designed to dramatically increase the energy efficiency of a conventional household. Ultimately, the technology will seek to void the need for a home to depend on carbon-powered utilities or face increasingly exorbitant energy costs subject to volatile fossil fuel commodity prices (https://ibn.fm/TujRM).
Residential solar PV systems have been shown to reduce an average home’s carbon emissions by 1.3 to 1.6 tonnes per year – the equivalent to the emissions which can come from using 536 gallons of fuel or charging 607,904 smartphones. In fact, a standard solar PV system can help a household to avoid as much as 39 tons of carbon dioxide over the course of its 30-year lifespan, the equivalent environmental impact akin to planting and growing 2,365 tree saplings over a decade (https://ibn.fm/NXsjI). GeoSolar’s Smart Green(TM) Home system has sought to take the technology’s potential one step further, complementing its solar panels with geothermal heat pumps designed to provide households with a reliable and environmentally friendly energy source 24 hours a day.
GeoSolar Technologies has already successfully installed its revolutionary residential technology in multiple homes across the state of Colorado, with tests revealing that households using the GeoSolar’s system boasted some of the most impressive energy efficiency ratings (https://www.resnet.us/raters/hers-raters/) within the sector. More importantly, GeoSolar’s Smart Green Home energy solution will now also help homeowners to benefit from legislation included within the recently passed Inflation Reduction Act, providing households pursuing renewable energy home solutions with an array of tax credits and fiscal incentives.
For more information, visit the company’s website at www.GeoSolarPlus.com.
NOTE TO INVESTORS: The latest news and updates relating to GeoSolar Technologies are available in the company’s newsroom at https://ibn.fm/GST
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