The comic book movie industry is showing no signs of slowing down anytime soon, with Marvel Studios and DC Entertainment laying down major plans to bring their biggest superheroes to life over the next several years. For Warner Bros. and DC, their first big step towards what may become  a shared superhero film universe (a la Marvel’s Avengers) comes at us next summer with the first ever Green Lantern movie.

Green Lantern stars Ryan Reynolds in the title role and is directed by Martin Campbell off a script by Greg Berlanti. We’ve had a pretty good idea of what the story would be about from our knowledge of the comics and hints from casting and interviews over the months, but now Comic Book Movie has what appears to be the official Green Lantern plot synopsis.

Green Lantern is currently in principal photography and the latest we’ve seen and heard about the 3D project over the last two months included the first photo of Peter Sarsgaard as Dr. Hector Hammond, a look at the Green Lantern spaceship and news that Hal Jordan’s Green Lantern costume would be entirely CGI.

Now we can start piecing it all together with the help of the “official” Green Lantern synopsis:

‘Bringing the enduringly popular superhero to the big screen for the first time, “Green Lantern” stars Ryan Reynolds (“X-Men Origins: Wolverine”) in the title role, under the direction of Martin Campbell (“Casino Royale”).

In a universe as vast as it is mysterious, a small but powerful force has existed for centuries. Protectors of peace and justice, they are called the Green Lantern Corps. A brotherhood of warriors sworn to keep intergalactic order, each Green Lantern wears a ring that grants him superpowers. But when a new enemy called Parallax threatens to destroy the balance of power in the Universe, their fate and the fate of Earth lie in the hands of their newest recruit, the first human ever selected: Hal Jordan.

Hal is a gifted and cocky test pilot, but the Green Lanterns have little respect for humans, who have never harnessed the infinite powers of the ring before. But Hal is clearly the missing piece to the puzzle, and along with his determination and willpower, he has one thing no member of the Corps has ever had: humanity. With the encouragement of fellow pilot and childhood sweetheart Carol Ferris (Blake Lively), if Hal can quickly master his new powers and find the courage to overcome his fears, he may prove to be not only the key to defeating Parallax…he will become the greatest Green Lantern of all.

Campbell directs “Green Lantern” from a screenplay by Greg Berlanti & Michael Green & Marc Guggenheim and Michael Goldenberg, story by Greg Berlanti & Michael Green & Marc Guggenheim, based upon characters appearing in comic books published by DC Comics.

The film also stars Blake Lively (upcoming “The Town,” TV’s “Gossip Girl”) as the spirited Carol Ferris, a test pilot and the heir apparent to her father’s aviation company; Peter Sarsgaard (“An Education,” “Flightplan”) as scientist Dr. Hector Hammond; Mark Strong (“Sherlock Holmes”) as Sinestro, Jordan’s powerful mentor in the Green Lantern Corps; Jay O. Sanders (“Revolutionary Road”) as Carl Ferris, Carol’s aircraft designer dad; Temuera Morrison (“Star Wars” Episodes II and III) as Abin Sur, Jordan’s alien predecessor; Taika Waititi (TV’s “The Flight of the Conchords”) as flight navigator Tom Kalmaku, Hal’s good friend and confidante; Academy Award® nominee Angela Bassett (“What’s Love Got to Do with It”) as enigmatic government scientist Amanda Waller; and Academy Award® winner Tim Robbins (“Mystic River”) as Hector’s influential father, Senator Robert Hammond.

The film is being produced by Donald De Line (“The Italian Job”) and Greg Berlanti (upcoming “Life As We Know It”). Herbert W. Gains and Andrew Haas serve as executive producers. Geoff Johns and Lucienne Papon are co-producing.

The film’s behind-the-scenes creative team is led by a number of Academy Award® winners, including director of photography Dion Beebe (“Memoirs of a Geisha”), production designer Grant Major (“The Lord of the Rings: The Return of the King”), and costume designer Ngila Dickson (“The Lord of the Rings: The Return of the King”), as well as Oscar®-nominated editor and longtime Campbell collaborator, Stuart Baird (“Gorillas in the Mist,” “Superman”). The film’s visual effects are being overseen by Oscar®-nominee Kent Houston (“The Adventures of Baron Von Munchausen,” “Casino Royale”).

The film is currently scheduled for release in 3D and 2D on June 17, 2011. “Green Lantern” will be distributed worldwide by Warner Bros. Pictures, a Warner Bros. Entertainment Company. ‘

I’m not 100% sure on the validity of this synopsis but we’ll let you know when we confirm whether it’s official. It is very interesting that this synopsis points to Parallax as another villain for the film since we’ve not heard that before.

In 1994’s Emerald Light story, Hal Jordan became the villain Parralax and the Green Lantern mantle went to his replacement, Kyle Rayner. The event unsurprisingly caused a flurry amongst fans but Rayner did earn a large following. Jordan’s transformation from good to evil began when his home, Coast City, was completely destroyed and the deaths of those he knew kept haunting him to the point where he uses the ring to recreate Coast City and its people, violating the rules of the Green Lantern Corps. From there it goes downhill, from Jordan turning to the Guardian (Green Lantern leaders) homeworld of Oa to re-power his ring, fighting other Green Lanterns on the path to becoming a super villain.

That story, which we hope would be utilized correctly in the movies, seems a tad off for the Green Lantern origin movie, since it also involves Sinestro after he becomes evil (he’s released by the Guardians from prison to stop Hal). From what we know so far about the movie, we were all lead to believe Sinestro wouldn’t be the villain and instead would just play the mentor role for Jordan until he becomes the villain for the sequel(s).

So, that’s the story which sees Hal Jordan come out as Parallax in the books. We’ll let you know more as we do along with confirmation on this synopsis.

With Batman 3 and Superman: Man of Steel getting release dates in 2012 and Warner Bros. set to show off Green Lantern for the first time at San Diego Comic-Con this summer, we can definitely expect some major announcements and hopefully, the announcement of a Justice League movie.

What do you expect from the Green Lantern movie and its cast?

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Green Lantern opens in theaters on June 17, 2011.

Source: CBM