Cleantech and Biofuels

Cleantech

Cleantech is an industry term used to describe products or services that improve operational performance, productivity, or efficiency while reducing costs, inputs, energy consumption, waste, or environmental pollution. Its origin is the increased consumer, regulatory, and industry interest in clean forms of energy generation—specifically, perhaps, the rise in awareness of global warming, climate change, and the impact on the natural environment from the burning of fossil fuels.

Reduces negative environmental impacts

Clean technology refers to any process, product, or service that reduces negative environmental impacts through significant energy efficiency improvements, the sustainable use of resources, or environmental protection activities.

Diverse range of products, services, and processes

While there is no standard definition of "clean technology," it has been described by Europem and other clean technology firms, as a diverse range of products, services, and processes that harness renewable materials and energy sources, dramatically reduce the use of natural resources, and cut or eliminate emissions and wastes. It notes that "Clean technologies” are competitive with, if not superior to, their conventional counterparts. Clean technologies offer also significant additional benefits, notably their ability to improve the lives of those in both developed and developing countries".

Biofuels

A biofuel is a fuel that is produced through contemporary biological processes, such as agriculture and anaerobic digestion, rather than a fuel produced by geological processes such as those involved in the formation of fossil fuels, such as coal and petroleum, from prehistoric biological matter. Biofuels can be derived directly from plants, or indirectly from agricultural, commercial, domestic, and/or industrial wastes.

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