Green Technology
[vc_row css=”.vc_custom_1629803910077{margin-bottom: 24px !important;}”][vc_column][vc_column_text]When the greenhouse gas emissions of the sectors worldwide are analyzed, it is stated that 80-90 percent of the carbon emissions of companies are caused by the use of fossil fuels, although they differ from country to country. In the analyses regarding the fight against climate change, it is stated that in addition to renewable energy sources, new technology applications should be included in sustainability plans, so that the necessary infrastructure can be created to ensure climate action in a much shorter time and systematically.
Taking systematic action and investing in green technologies play an important role in reducing greenhouse gas emissions that cause the climate crisis. In the economy, the cards are being redistributed according to the world agenda of sustainability. While socially responsible investors are narrowing their investments to include companies that specifically use or produce green technologies, visionary companies have begun to see these technologies as a core element of their business goals, investment and even corporate mission. Companies that help in the fight against the climate crisis and give the green light to green technology will quickly reap the fruits of this investment in the coming years and stand out in the competition.[/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1629803910077{margin-bottom: 24px !important;}”][vc_column]
Green Technology and Application Areas
[vc_column_text]Green technology, also known as sustainable, clean or environmentally friendly technology: in the most general sense, it is defined as a type of technology that is used to ensure the sustainability of natural resources at every stage from production to utilization processes and supports the continuity of natural life on our planet. Green technology has much less negative impact on the environment compared to fuel sources such as fossil fuels. These green and science-based technologies therefore serve to actively reverse and mitigate the effects of human activities by mitigating climate change.
According to McKinsey’s projections based on research reports, investments in green technologies should reach approximately 1.5-2 trillion dollars every year from 2025 onwards in order to reach climate neutrality. According to the research, the new technology areas that need to be developed in order for climate neutral policies to succeed are listed under five headings:
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Using electricity instead of fossil fuels in transport, buildings and industry
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Rebuilding the electricity grid to generate clean electricity
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Utilizing the potential of hydrogen
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Developing carbon capture, utilization and storage technology
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Ensuring transition to green technologies in agriculture
In the “Intergovernmental Panel on Climate Change” (IPCC) report published last year, it was announced that the global temperature is expected to increase by 1.5°C by 2030 (2040 in all likelihood). Sustainability movements that have been going on for years around the world have gained momentum, and governments have made commitments with high sanctioning power for action plans on climate. With the echoes of the UN climate change report, it was announced that the use of green technology is mandatory to support the achievement of the goals set out in the Paris Agreement. In short, countries all over the world have been on alert about the climate crisis, on which intensive studies and plans have been made for years. In several countries, investments in alternative solutions such as paper substitutes, bioplastics or recycling technologies are increasing. While the world is talking about how green technologies can be applied more efficiently, companies are planning how they can make a difference in practice.[/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1629803910077{margin-bottom: 24px !important;}”][vc_column]
Major Types of Green Technology
[vc_column_text]Investments are continuing in green technology projects based on next-generation solutions such as converting the possibilities of the sun and wind into energy, which can be converted at the least cost, and reusing costly raw materials. In order to provide a viable alternative to fossil fuels, many businesses are increasing their investments in the main green technologies being developed. In this sense, the main green technologies can be summarized as follows:[/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1629803910077{margin-bottom: 24px !important;}”][vc_column]
[vc_column_text]In the 2020 World Outlook Report of the International Energy Agency, it was announced that the least costly and sustainable alternative energy is: solar energy and solar electricity. For this reason, visionary companies are designing alternative energy sources that do not create atmospheric carbon in R&D studies. While studies are continuing for solar and wind energy, which are the least costly energy sources, industrial uses of solar panels are also being developed.[/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1629803910077{margin-bottom: 24px !important;}”][vc_column]
[vc_column_text]Transport activities, which account for the majority of greenhouse gas emissions, are high on the agenda. For this reason, automotive companies are turning their attention to the production of electric vehicles, despite the problem of electricity grids’ reliance on fossil fuels. By focusing on the design of products such as fuel-efficient engines, high-capacity rechargeable batteries and charging infrastructure, many vehicles manufacturing companies have turned towards switching to electric power and thus reducing carbon emissions from transport.[/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1629803910077{margin-bottom: 24px !important;}”][vc_column]
[vc_column_text]Sustainable agriculture is defined as agriculture practiced in sustainable ways to meet the current food and textile needs of society, with the goal of maintaining a situation that can meet the needs of future generations. The problem of sustainability in the agriculture and livestock sectors is based on the costly use of land and water and the negative environmental consequences of pesticides, fertilizers and animal waste. This problem leads to the environmental footprint. Focusing on green technology solutions aims to address these problems by improving organic farming, animal husbandry and related sectors and reducing methane gas emissions. Green technology efforts are being developed, such as providing substitute products to avoid the consumption of live animals.[/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1629803910077{margin-bottom: 24px !important;}”][vc_column]
[vc_column_text]Recycling is based on the principle of conserving scarce resources by processing recyclable materials for reuse or finding sustainable substitutes. In particular, plastic, glass, paper and metal wastes are already being recycled, but efforts and investments are underway to reuse the high-cost raw materials of unorthodox recycling materials such as e-waste or car parts.[/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1629803910077{margin-bottom: 24px !important;}”][vc_column]
[vc_column_text]Carbon capture is defined as a group of experimental technologies that aim to remove and sequester greenhouse gases either at the point of combustion or from the atmosphere. Carbon capture and storage technologies have become more frequently discussed with the construction of the world’s largest direct air capture facility in Iceland. This technology is not yet capable of absorbing enough carbon dioxide to meet expectations, but with the success of a large facility, it could capture 4,000 tons of carbon dioxide per year.[/vc_column_text][/vc_column][/vc_row]