Advancements In Green Technology Essay

2759 WordsMar 10, 201212 Pages
Advancements in Green Technology Timothy Bower INF 103 Cathy White August 14, 2010 Advancements in Green Technology It is every human beings responsibility to help preserve our planet from extinction. Humans are depleting the planets natural elements. There are ways in which our species can take responsibility in maintaining a clean livable planet. Here are some measures taken in the preservation and future of our planet earth. There have been tremendous breakthroughs in the advancement of cleaner transportation and architecture. These breakthroughs are shared by many countries. Like all advancements, technology has a price tag. Governments are allocating funds to green technology a reality. In countries of Asia, the government may set up a fund to provide loans to companies that supply and utilize green technology, says Energy, Green Technology and Water Minister Datuk Seri Peter Chin Fah Kui. The budget for 2010 will have 1.5 billion dollars for green technology financing. This financing will go to supply technology in energy and water and waste management industries. “When the existing fund is taken up, we will talk to the Treasury to launch a second budget for next year,” Chin said. 104.8 million dollars of the existing fund has been approved for the disbursement of six projects: building of mini-hydro and treatment plants, water and waste water management, pulp and paper production, and manufacturing of cakes and electronic ribbons. According to Chin, forty three projects have been approved and awarded the green certificate. The remaining thirty seven projects will depend on the banks going through their protocols on the viability of the projects. Chin announced there will be an International Greentech & Eco-Products Exhibition and Conference Malaysia 2010. The event will be held from October 14 to 17 at

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