by Morris Kiema Kilunda

Created on: June 19, 2008   Last Updated: June 20, 2008

Green technology is an initiative geared towards improving operations, performance, productivity and efficiency of companies. The values of green technology are: operation costs reduction ,energy consumption reduction and efficient waste management to minimize pollution.

Green technology ensures companies operate on minimal energy. It positions companies to evaluate production processes and minimize waste. Companies should have recycling procedures in place to convert waste into useful products.

The future of profitable companies lies in efficient production processes, energy and waste management and its products environmental impacts . Kyoto protocol and global warming strategies to minimize greenhouse effects will see companies under-performing in the stock markets. Many companies will face closure depending on their alignment to address global warming.

Energy

Green technology focuses on energy sustainability. Fossil fuels face exhaustion threat and political challenges like Kyoto Protocol and greenhouse effect. It advocates use of renewable sources of energy like solar, wind and biogas. Adoption of renewable energy improves energy efficiency.

Solar

Solar power causes no pollution; is abundant and produces heat energy and electricity. It's reliable than hydro-electric energy. Hydro-electric power faces threat from increasing human population and suitable sites for dams. Dam construction faces reduced water availability to run generator turbines. Solar power enjoys high growth rates, good profit margins and wide domain of investment options.

Wind

It's a renewable and runs both DC and AC generators. It's affected by inconsistency of wind.

Biogas

It's produced from dead organic matter under action of decomposers. Biogas is chemical equivalent of solar energy. Biogas contributes to global warming. It distorts carbon dioxide equilibrium.

Agriculture

Green technology advocates for organic farming. This involves adoption of drip irrigation that saves water, using organically derived pesticides and organic manure or compost manure.

Transport industry

Green technology stresses use of hybrid vehicles that run on bio-fuels as well as battery powered electric motor. This improves fuel economy.

Manufacturing industries

Green technology stresses for adoption of biodegradable packaging materials and use of energy saving lighting accessories like fluorescent bulbs.

water management

Green technology recognizes world water bodies are static while human population is increasing. There is threat of decreased safe water. Waste water treatment measures can reduce global warming arising from decomposition activity of micro-organisms. Waste water treatment is a profitable business. Decomposers produce high quality food like protein that alleviates protein-energy malnutrition.

Investing in green technology positions a company to have an economic advantage that see it gain as consumers demand products that are efficient and environmentally friendly.

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