Green Technology

What Is Green Tech?

Green tech refers to a type of technology that is considered environmentally friendly based on its production process or its supply chain. Green tech—an abbreviation of "green technology"—can also refer to clean energy production, the use of alternative fuels, and technologies that are less harmful to the environment than fossil fuels.

Although the market for green technology is relatively young, it has garnered a significant amount of investor interest due to increasing awareness about the impacts of climate change and the depletion of natural resources.

 

 

History of Green Tech

While green tech has become increasingly popular in the modern age, elements of these business practices have been in use since the Industrial Revolution. Beginning in the early 19th century, scientists began to observe the ecological impacts of coal-burning industrial plants, and manufacturers have sought to reduce their negative environmental externality by altering production processes to produce less soot or waste byproducts.

In the United States, one of the most important milestones was the Second World War. In order to reduce consumption and waste, more than 400,000 volunteers began collecting metal, paper, rubber, and other materials for the war effort.

Following the war, scientists like Rachel Carson began warning of the consequences of chemical pesticides, while doctors abroad reported mysterious illnesses associated with nuclear radiation. Many point to this era as the genesis of the ecological movement, which sought to preserve ecosystems and resources while raising awareness of the consequences of runaway technology.

Government bodies slowly recognized the importance of protecting environmental resources. Curbside recycling programs became common over the following decades, raising awareness about household waste. The Environmental Protection Agency, established in 1970, set firm requirements on pollution and waste and established mandates for coal scrubbers and other clean technologies.

 

Types of Green Tech

Green technology is a broad category that encompasses several forms of environmental remediation. While climate change and carbon emissions are now considered among the most pressing global issues, there are also many efforts to address local environmental hazards. Some seek to protect specific ecosystems or endangered species. Others seek to conserve scarce natural resources by finding more sustainable alternatives.

1.Alternative Energy

2.Electric Vehicles

3.Sustainable Agriculture

4.Recycling

5.Carbon Capture

Video about Green tech

 

 

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Reference

https://www.investopedia.com/terms/g/green_tech.asp