green tech refers to a type of technology that is considered environmentally friendly based on its production process or its supply chain green tech an abbreviation of green technology can also refer to clean energy production the use of alternative fuels and technologies that are less harmful to the environment than fossil fuels 
although the market for green technology is relatively young it has garnered a significant amount of investor interest due to increasing awareness about the impacts of climate change and the depletion of natural resources understanding green techgreen technology is an umbrella term that describes the use of technology and science to create products and services that are environmentally friendly green tech is related to cleantech which specifically refers to products or services that improve operational performance while also reducing costs energy consumption waste or negative effects on the environment the goal of green tech is to protect the environment repair damage done to the environment in the past and conserve the earth s natural resources green tech has also become a burgeoning industry that has attracted enormous amounts of investment capital the use of green tech can be a stated goal of a business segment or a company these goals are typically outlined in a company s environmental sustainability and governance esg statement or can even be found in the mission statement of a firm increasingly socially responsible investors are looking to narrow down their prospective investments to only include companies that specifically employ or produce green technologies the 1 2 trillion infrastructure investment and jobs act signed into law by president joe biden on nov 15 2021 earmarks substantial allocations for green tech these include the largest investment in clean energy transmission and electric vehicle infrastructure in history electrifying thousands of school and transit buses across the country and creating a new authority to build a resilient clean electric grid 1history of green techwhile green tech has become increasingly popular in the modern age elements of these business practices have been in use since the industrial revolution beginning in the early 19th century scientists began to observe the ecological impacts of coal burning industrial plants and manufacturers have sought to reduce their negative environmental externalities by altering production processes to produce less soot or waste byproducts in the united states one of the most important milestones was world war ii in order to reduce consumption and waste more than 400 000 volunteers began collecting metal paper rubber and other materials for the war effort 2following the war scientists like rachel carson began warning of the consequences of chemical pesticides while doctors abroad reported mysterious illnesses associated with nuclear radiation 345 many point to this era as the genesis of the ecological movement which sought to preserve ecosystems and resources while raising awareness of the consequences of runaway technology government bodies slowly recognized the importance of protecting environmental resources curbside recycling programs became common over the following decades raising awareness about household waste the environmental protection agency established in 1970 set firm requirements on pollution and waste and established mandates for coal scrubbers and other clean technologies 6in the united states the first major recycling program was launched during world war ii nearly half a million volunteers pitched in recycling tens of thousands of tons of waste to help the war effort 2types of green techgreen technology is a broad category that encompasses several forms of environmental remediation while climate change and carbon emissions are now considered among the most pressing global issues there are also many efforts to address local environmental hazards some seek to protect specific ecosystems or endangered species others seek to conserve scarce natural resources by finding more sustainable alternatives in order to provide a viable alternative to fossil fuels many businesses are seeking to engineer alternative sources of energy that do not generate atmospheric carbon solar and wind power are now among the most inexpensive sources of energy and solar panels are affordable to u s homeowners at a consumer scale 78 other alternatives such as geothermal and tidal energy have yet to be deployed at scale nearly a third of u s greenhouse gas emissions are released by transportation activities according to the environmental protection agency 9 many manufacturers are exploring ways to reduce automotive emissions either by designing more fuel efficient engines or shifting to electrical power however electric vehicles require a host of innovations in other spheres such as high capacity rechargeable batteries and charging infrastructure in addition the benefits of electric vehicles are limited by the fact that many power grids still rely on fossil fuels farming and livestock have a substantial environmental footprint from the high costs of land and water usage to the ecological consequences of pesticides fertilizers and animal waste as a result there are many opportunities for green technology in the area of agriculture for example organic farming techniques can reduce the damage due to soil exhaustion innovations in cattle feed can reduce methane emissions and meat substitutes can reduce the consumption of livestock recycling seeks to conserve scarce resources by reusing materials or finding sustainable substitutes while plastic glass paper and metal waste are the most familiar forms of recycling more sophisticated operations can be used to recover expensive raw materials from e waste or automobile parts carbon capture refers to a group of experimental technologies that seek to remove and sequester greenhouse gases either at the point of combustion or from the atmosphere this technology has been heavily promoted by the fossil fuel industry although it has yet to deliver on those expectations 10 the largest carbon capture facility can absorb 4 000 tons of carbon dioxide per year a minuscule amount compared to annual emissions 11the amount of new energy capacity that comes from wind and solar power 12adoption of green techwhile green tech is a broad and hard to define category some types of green technology have experienced wide adoption several countries have launched initiatives to eliminate single use plastics a goal that would require sizeable investments in alternatives such as paper substitutes bioplastics or recycling technologies singapore for example has pledged to reach 70 recycling by 2030 13renewable energy is another frontier for green tech adoption with fossil fuels recognized as a significant driver for climate change according to the energy information administration solar and wind power together will account for 71 of the new energy capacity added in 2024 12 worldwide global investment in all renewable energy sources exceeded 1 74 trillion in 2022 14