PERSPECTIVES

Introduction to Green Technology

December 10, 2024

About the Technology

According to Investopedia (Jark, 2024), green technology (green tech) relates to science and technology which is used to lessen effects of human beings on the natural environment. Green tech’s coverage on scientific research is wide, and includes agriculture, atmospheric science, energy, hydrology and material science. The main aim of green technologies in general is to combat climate change through reduction of carbon dioxide emissions as well as other greenhouse gases. To support green tech, investors may buy bonds, mutual funds or stocks that are related to technologies that are environmentally friendly.

Examples of Green Tech

Green Technology Info (Admin, 2023) gives the following examples of green tech:

  • Solar Power: through solar panels, sunlight is converted into electricity. Whether mounted on the rooftop or on the ground, solar panels produce clean renewable power. Considered a primary investment that is fairly priced but will give benefits in the long run, such as lower electricity bills and reduction in carbon footprint, it can bring about tax credits and increase the value of property, too.
  • Wind Power: wind turbines are used to convert the wind’s kinetic energy into electricity. Contrary to concerns, this clean form of energy does not harm birds, generates more power than typically needed, and is affordable, especially when compared to fossil fuel costs.
  • Hydro Power: in hydropower dams, turbines are turned using the force of falling water to generate electricity. Currently, it is the largest source of renewable energy and is considered clean and sustainable.
  • Geothermal Energy: geothermal power plants pump geothermal fluids and utilises geothermal energy, which is heat derived from earth’s core, to generate heated water or electricity. Applications include heating, cooling of buildings and seawater desalination.
  • Biomass Energy: biomass, which is organic raw material or waste produce that can be used as fuel, are burned to produce heat or electricity, or processed into biofuels, such as biodiesel or ethanol. The main technologies used to convert biomass into energy are biochemistry, thermochemistry and biofuel production. Examples of biochemical conversion includes fermentation and digestion; while thermochemical conversion includes combustion, gasification, liquefaction and pyrolysis.

In a Nutshell

In a nutshell, although green technology has seemingly caught on fairly recently, it has actually been around for some time. During Palaeolithic times, people used geothermal heating when bathing in hot springs; in 5,000 B.C., people used wind power to sail through the Nile; and in 7th century B.C., they used solar energy to light fires from magnifying glass (Safdie, 2024).

Developments in green tech, and its continuous supply, low operational costs and no or low pollutant byproducts are among factors that increases green tech’s popularity. It is definitely one of the major trending technologies currently and will stay that way for years to come.

References

Admin. (2023, November 14). What is Green Technology? A Beginner’s Guide to Sustainability. Green Technology Info. https://www.greentechnologyinfo.com/what-is-green-technology-a-beginners-guide-to-sustainability/

Jark, Daniel. (2024, June 13). What is Green Tech? How It Works, Types, Adoption and Examples. Investopedia. https://www.investopedia.com/terms/g/green_tech.asp#:~:text=Green%20technology%20is%EE%80%80

Safdie, Stephanie. (2024, July 31). Everything You Need to Know About Green Technology in 2024. Greenly Institute. https://greenly.earth/en-us/blog/ecology-news/everything-you-need-to-know-about-green-technology-in-2022

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