Implications of Green technology
Green Nanotechnology Investment: Researchers Help Assess Economic Impact of Nanotech on Green & Sustainable Growth
In the United States alone, government and private industry together invest more than $3 billion per year in nanotechnology research and development, and globally the total is much higher. What will be the long-run economic returns from these investments, not only in new jobs and product sales, but also from improvements in sustainability?
Georgia Institute of Technology researchers Philip Shapira and Jan Youtie helped answer that question through research presented March 27th at the International Symposium on Assessing the Economic Impact of Nanotechnology held in Washington, D.C. The researchers highlighted the importance of full lifecycle assessments to understand the impacts of nanotechnologies on green economic development in such areas as energy, the environment and safe drinking water.
“Nanotechnology promises to foster green and sustainable growth in many product and process areas, ” said Shapira, a professor with Georgia Tech’s School of Public Policy and the Manchester Institute of Innovation Research at the Manchester Business School in the United Kingdom. “Although nanotechnology commercialization is still in its early phases, we need now to get a better sense of what markets will grow and how new nanotechnology products will impact sustainability. This includes balancing gains in efficiency and performance against the net energy, environmental, carbon and other costs associated with the production, use and end-of-life disposal or recycling of nanotechnology products.”
But because nanotechnology underlies many different industries, assessing and forecasting its impact won’t be easy. “Compared to information technology and biotechnology, for example, nanotechnology has more of the characteristics of a general technology such as the development of electric power, ” said Youtie, director of policy research services at Georgia Tech’s Enterprise Innovation Institute. “That makes it difficult to analyze the value of products and processes that are enabled by the technology. We hope that our paper will provide background information and help frame the discussion about making those assessments.”
The symposium is sponsored by the Organization for Economic Cooperation and Development and by the U.S. National Nanotechnology Initiative. Support for Georgia Tech research into the societal impacts of nanotechnology has come from the National Science Foundation through the Center for Nanotechnology in Society based at Arizona State University.
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What are the positive implications of technology?
There are many. The primary one being increased speed and efficiency in performing a vast multitude of tasks from manufacturing to communication. Others may include removing the need for humans to perform menial and dangerous tasks, an increased ability to understand nature and an increased standard of living for most of the world.
The complete list would be so long that many books could (and have) been written on the benefits of technology in fields ranging from medicine and microbiology to engineering and exploration.
What are the financial and technological implications of Panasonic's investment in Tesla? - Quora
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Cost could be huge when dealing with 5000+ cells. You remove supporting devices and wires from the pack and put them direct on the cell. Tesla I feel will have a $200-300 per KW pack price
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