The greenhouse effect
A greenhouse gas is a gaseous compound that is capable of absorbing infrared radiation that traps heat in the atmosphere, the main cause of the greenhouse effect, leading to global warming.
Atmospheric levels of carbon dioxide (CO2) are dramatically increased in the atmosphere by the burning of fossil fuels. CO2 is one of the most abundant greenhouse gases in the Earth’s atmosphere and is the main driver to climate change. Human activities, since the beginning of the 18th century, have been responsible for a 40% increase in the atmospheric concentration of carbon dioxide. The effects caused by these continual increases are being felt throughout the planet. The greenhouse effect is responsible for rising of sea levels, melting of polar ice caps and many natural disasters leading to severe economic, social and health consequences.
The importance of carbon credits
Carbon credits and carbon markets are the result of national and international attempts to mitigate the continuous growth in levels of greenhouse gases. The rule is that one carbon credit is equal to one ton of carbon dioxide, or carbon dioxide equivalent gases.
The commercialization of carbon credits is becoming a global reality. According to a new report by the NGO Forest Trends, nearly 20 percent of the 1,896 companies that publicly disclosed their 2014 emissions data confirmed that they were already engaged in the purchase or sale of carbon credits. Buying and selling of carbon credits are gaining global momentum. This new mindset supported by new treaties will help reduce the continual increases in greenhouse gas emissions.
The Circular Economy will help create a greener future
One of the macro trends starting to take shape in the global economy of the 21-century is the volatility in global industrial markets. A continuously expanding global population will require more products to be manufactured and industries will require more raw materials to produce them. “Demand will outpace supply”. At the present pace, the planet will soon not be able to supply all of the raw materials needed for these increased levels of production. Recycling and the circular economy are key to securing our planet’s sustainability and ensure the continual supply of raw materials.
The Circular Economy will increase the supply of raw materials by recycling waste. This will benefit the economy, the environment and reduce greenhouse gas emissions.
Ecolomondo’s technology, for example, recovers valuable commodity products from hydrocarbon waste through recycling. Our technology decomposes waste and produces commodity products from it, with little impact on the environment. From tire waste, it produces quality commodity products such as carbon black, oil, steel and gas.
Ecolomondo’s TDP technology is totally green
Thanks to our recycling technology and the circular economy, many tons of carbon dioxide emissions could soon be avoided. Re-using resources will certainly help respond to the future demand of basic commodity products that will be needed by industries in the future.
While we strive to achieve sustainability, carbon credits are a great mechanism to mitigate emissions. If you want to know more about the circular economy, click here to read our last article about this new industrial reality. You can also follow Ecolomondo’s page here to stay informed on our green technology, the planet’s sustainability and the progress of the circular economy.