Our two prong approach uses the W2E system to remediate commercial and industrial waste, hazardous waste, and ultimately landfill waste, so we are cleaning up the planet and creating many jobs. The waste disposal fees will earn investors that may join us a very healthy return. The power produced by W2E is typically sold to private buyers or public utilities for a small margin. In our case we use it to power the urban farms which in turn creates more jobs and many tons per month of highest grade organic foods.
Both aspects are well established industries, though they have not been brought together, particularly under the economic models of EarthCorp where we also share the revenue generated from the sales of products back with the people who work to create them. On average, 50% of the profits are used by EarthCorp for new projects, 25% to expand the existing project, and 25% is gifted back to the actual food producers.
We are creating a true circular economic and environmental cycle: industrial production of all commodities ultimately becomes the waste for Vorax, which recycles the waste to energy to create jobs, enterprise, highest quality foods, and carbon sequestration. Along with each urban farm site we will establish seed banks with heirloom varieties of highest genetic value for use in the farms and to share with the local communities.
We are raising $20 million for this first project to be located in Vero Beach, Florida. This funding is the catalyst to the fully self-sustaining and profitable model that will fuel positive environmental evolution. All future projects would be funded by the growth and expansion of this project. Members of EarthCorp are building Innocent Chocolate Products, aligning with celebrities, philanthropists, and likeminded persons to create this initial project funding. Private investors are also being sought, but we are not waiting for them, we’ve got a planet to regenerate.