asset beta and equity beta

sir is it possible for a project of a geared company to have a higher asset beta then equity beta, or equity beta will always be higher than asset beta since it includes both the risk?

also if a company is all equity financed its asset beta is the business risk which is the systematic risk right?

correct me if I am wrong.

just watched all your lectures on this topic and things are very clear now. thank you for the lectures, sir.