Clean Energy Investments
Henry David Thoreau once said that 'Thank God men cannot fly, and lay waste the sky as well as the earth.' This saying not only brings out the growing unrest in the minds of millions of people around the world, but it also emphasizes on the fact that we have vastly damaged the planet already and it is time we acted.
Cleantech is one of the steps that we have taken towards reducing our dependency on environmentally taxing technologies. Cleantech is a set of clean technologies that have a minimal impact on the environment. It focuses on harnessing natural resources like solar power, bio fuel and other renewable power technologies.
While large developed economies like US are readily investing in clean energy, developing nations are also pouring billions of dollars into cleantech. China is one of the forerunners in cleantech investments with several Chinese venture capitalists, capital funds and corporate investing big time in cleantech.
A development challenge
As the population continues to rise, there is immense dependency on fossil fuels for producing electricity and the need for newer energy supplies is increasing every moment especially in developing countries. The fact that about 1.6 billion people around the world have no access to electricity disdains. Energy is also an extremely crucial part of the climate change equation. Around 80% of global CO2 emissions come from energy production and utilization.
What needs to be done?
Apart from massive clean energy investments, there needs to be a gradual transformation of the existing energy supply infrastructure. There needs to be a collaborative effort on the part of the governments of all the countries to foster newer clean energy ventures and to help commercialize existing promising technologies. The focus should also shift to energy consumption. The end users need to be educated about possible conservation methods that will reduce the impact on energy production.
For more info visit : Clean Energy Investments
No comments:
Post a Comment