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Tuesday, October 29, 2019 11:14:44 PM
This is a $5 Billion project for the Environmental Protection Agency (EPA) that all should read in great detail. A few key notes to be made aware of:
Original news regarding GRPS acquisition of New Earth Development Corporation, with a significant profit participation by RSHN:
https://www.otcmarkets.com/stock/RSHN/news/XYZ-Hemp-Inc-GRPS-and-RushNet-Inc-RSHN-Announce-Acquisition---Large-Scaled-Carbon-Farming-and-the-Production-of-Nano-Sup?id=223187
Key details of the project:
http://blog.xyzhemp.com/wp-content/uploads/2019/04/EPA.pdf
1.0 Company Summary
1.1 Contact Information
Company Name: New Earth Development Corporation
Address: 1001 Grand Ave Suite 207, Glenwood Springs, Colorado 81602-3642
...Industrial hemp has been scientifically proven to absorb more CO2 per hectare than any forest or commercial crop and is therefore the ideal carbon sink. In addition, the CO2 is permanently bonded within the fiber that is used for anything from textiles, to paper and as a building material. It is currently being used by BMW in Germany to replace plastics in car construction. ...
The Board of Directors of New Earth Development Corporation requests that the organization be awarded a $400,000,000 grant to remediate, develop, and cultivate the largest industrial HEMP Farm with 1 million acres over the next five years in Arizona and Texas. ...
One hectare of industrial hemp can absorb 22 tons of CO2 per hectare. It is possible to grow to 2 crops per year, so absorption is doubled. Hemp's rapid growth (grows to 4 metres in 100 days) makes it one of the fastest CO2-to-biomass conversion tools available, more efficient than agro-forestry.
According to EPA above we emit 6.5million tones of GHG/CO2 a year. As a low fertilizer and zero pesticide/herbicide crop, with little management input, the carbon emissions of hemp cultivation are well below the average. Therefore, we can assume the matter remaining in soils roughly offsets the cultivation and management emissions. We could calculate 1.5 million acres of hemp spread out to every major city would assume we could achieve carbon Neutral in the US with a renewable resource crop.
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