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  • Essay / World Affairs - 1934

    1. Introduction: In recent years, global trade has undergone many significant changes. The manufacturing of smart devices such as the iPhone or iPad has changed the way people interact. At the same time, the creation of “clean technologies”, short for Clean Technology (Adriaen, 2010), also contributes to establishing the new human behavior and reducing the proportion of greenhouse gas emissions. According to statistics from the Environmental Research Web Organization, 36% of all carbon dioxide comes from manufacturing, 40% from buildings and appliances, and 24% from transportation. Innovation in clean technologies therefore plays a vital role in solving these problems. “Clean technologies enable the transformation to a low-carbon, resource-efficient economy could be the next industrial revolution” (Ernst & Young, 2011). As Burtis et al (2004) define clean technology as a specific industry that uses new and innovative technology to create product and services that compete favorably in terms of price and performance while reducing pollution, waste and use of natural resources. In addition, the business world depends more on energy from oil, so it is necessary to find alternative energies and reduce pollution. This report aims to verify that clean technologies will become the alternative energy for the business world in the future. This report has three main sections. The first is the general introduction to the report as well as some background information and definitions on clean technologies. Secondly, it will reveal how the clean technology revolution is influencing the business world by analyzing its relevant aspects. The conclusion will summarize the benefits of clean technologies and identify issues to be addressed.2. These elements relate to...... middle of paper ......21st century. “Clean technology addresses the roots of ecological problems through new science, with an emphasis on natural approaches such as biomimicry and biology” (cleantech.com). In the near future, pure technology is no longer a mysterious machine for customers. Therefore, its potential market will increase significantly, which will also be a risk mitigation for investors and business owners. However, the cost of moving from traditional to new technology will play a crucial role. These old machines will be released and become waste for the environment. In addition, competition within these companies in the energy sector will cause the price of petroleum products to be reduced and customers will start using them again. Therefore, to solve these problems requires government intervention to also support operations in favor of business and consumer rights..