All clean technology solutions that want to positively influence anthropogenic climate change and be economically viable can become profitable enterprises to attract investment and progress development.
Fremont, CA: Clean technology is a set of technologies that lowers and improves the use of natural resources while decreasing the negative impact that technology has on the ecosystem. These technologies are new sustainable energy sources like wind and wave power or enhanced conventional energy production processes like smart electric grids.
All clean technology solutions want to influence anthropogenic climate change and be economically viable positively, have the opportunity to become profitable enterprises to attract investment and progress development. Besides, the technology, which is thought to be less beneficial because of the low oil price, will become more viable as oil prices become unstable.
Thus, clean technology solutions are seen as profitable against a range of various criteria instead of other kinds of technology investment. Market and climate forecasts are driven to make clean technology investments, and the safeguarding of life on earth can be higher than the risks and outlays for some investors and funding agencies.
Currently, the clean technology sector's critical areas are sustainable energy and energy enhancement to lower dependence on fossil fuels. The provision of clean water to anyone who needs it, pollution and reduction, as well as recycling and waste management.
The need to adopt clean technology solutions has increased because of the global climate emergency announced by governments worldwide. Governments are implementing regulatory plans that need industry and individuals to lower their environmental impact.
To back these plans, voluntary reduction and carbon trading schemes are launched. The increasing pressure from global communities and organizations should lead to widespread adoption of clean technologies even in the future.