GeoSolar Technologies Inc. Appears Poised for Growth as Green Homes of the Future Are Getting Close to Becoming Reality

February 16, 2023 at 09:35 AM EST

The residential sector proves hard to decarbonize as GHG emissions from buildings hit a new high in 2022, despite renewable energy surpassing coal generation for the first time in 60 years
Consumer Electronics Show 2023, one of the world’s most influential tech trade shows, gives us a glance into the all-electric, high-efficiency, grid-interactive homes of the greener future with a lineup of cutting-edge technologies designed to improve people’s lives and tackle environmental challenges
As eco-friendly technologies gain traction across the board, GeoSolar appears well-positioned to benefit as rapid electrification continues and we turn to renewable sources for electricity generation

Although renewable energy surpassed coal generation for the first time in at least six decades, as sources like wind, solar, and hydro climbed to generate 22% of the nation’s total electricity supplies, U.S. greenhouse gas emissions kept increasing over the past year. A recent report published by the Rhodium Group, a leading independent research provider, shows that emissions from buildings and transportation – two sectors that have historically been proven difficult to go green – went up in 2022, pushing the total U.S. emissions up by 1.3% over the past year (https://ibn.fm/n6uKO). However, companies like GeoSolar Technologies (“GST”), a Denver-based climate technology company, work to drive the building sector back on track to a greener future. Its SmartGreen(TM) Home system is developed to maximize residential energy efficiency while minimizing carbon footprint by transforming how existing homes, commercial buildings and newly built homes are powered, heated, and cooled with renewable resources.

The residential sector has long been known as one of the largest contributors to greenhouse gas (“GHG”) emissions. In 2022 only, emissions from buildings grew 6% due to exceptionally cold weather. Burning fossil fuels in buildings accounts for roughly 10% of U.S. carbon emissions. Still, the impact jumps to…

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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GeoSolar Technologies Inc. Appears Poised for Growth as Green Homes of the Future Are Getting Close to Becoming Reality

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