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24/7 Market News: Better Green Technologies Could Help the 'Green New Deal'

Tuesday, 12 March 2019 08:15 AM

24/7 Market News

DENVER, CO / ACCESSWIRE / March 12, 2019 / The U.S. Government is already spending billions on climate change initiatives across the globe, but, if the "New Green Deal" becomes law, powering the US with 100% renewables could easily run into the trillions.

In fact, the American Action Forum estimates that the Green New Deal may cost $93 trillion over the next 10 years. However, will these trillions even make a difference with the climate and, other than squeezing taxpayers and companies, where will the money come from?

The world's population is on pace to hit 8 billion people by 2023, so real innovation and technology are needed. Since most companies are reluctant to incorporate technologies that have significant adverse economic effects, the new green technologies must improve economic and energy efficiencies, in addition to being safer for the environment and the user.

It's already happening, companies like Tesla and UBER are revolutionizing transportation, with a goal of making commutes a zero emissions event, and Elon Musk's Boring Company may be headed to Las Vegas.

DowDuPont created an alliance with the U.S. Green Building Council, as well as dedicated an entire division to developing green and biodegradable products, ensuring that they are leading by example in creating a safer living environment for us all.

Blending improved economics and environmental benefits is a differentiator that Alltemp (OTC PINK: LTMP) is bring to the refrigerant industry. By producing a new coolant that is the safest on the market, but still able to reduce large corporations' energy consumption, by 20%, or more. It's being tested right now in multiple Fortune 500 facilities and it should soon begin to see market penetration.

Just switching to a floor wax that is cheaper, and more effective, will save Walmart $20 million in annual costs and reduced the amount of chemicals needed to buff the floors.

Even Amazon's cloud is green and that's just scratching the surface of its sustainability initiatives, as it aims to stem emissions from the millions of delivered packages each year.

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About 24/7 Market News

As a pioneer in digital financial market media, 24/7 Market News (24/7MN) is dedicated to the swift distribution of financial market news and information. 24/7 MN provides comprehensive corporate communications resources and tools to engage the investment community.

DISCLAIMER:

24/7 Market News (24/7MN) is a third party publisher and news dissemination service provider that produces regular sponsored and non-sponsored reports, articles, stock market blogs, and newsletters covering equities listed on the NYSE, NASDAQ and micro-cap exchanges. 24/7MN holds no investment licenses and is NOT a financial advisory firm, investment adviser, analyst, or broker-dealer and does not undertake any activities that would require such registration. 24/7MN's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.

The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and based on publicly available information which is believed to be reliable. 24/7MN makes no representations as to the completeness, accuracy, or timeliness of the material provided and all materials are subject to change without notice. The editor of 24/7MN owns LTMP shares that can and will be sold. 24/7MN and/or its affiliates are not responsible for any gains or losses that result from the opinions expressed and are not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.

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Forward-Looking Statements

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan," or "planned," "will," or "should," "expected," "anticipates," "draft," "eventually," or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and 24/7MN undertakes no obligation to update such statements.

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