Carbon Capture Technology Not Ready to Limit Carbon Emissions Essay

Carbon Capture Technology Not Ready to Limit Carbon Emissions - Essay Example ective system is needed for the proper and flawless storage of Carbon Dioxide if this technology is to be used globally on large scale (Al-Fattah & Duncan, 2011). Storage Issues The storage of CO2, along with the capture, on the other hand, is a relatively a new concept and hence not very effective as yet. This makes CCS inefficient because there is no point of capture if there is no storage mechanism available for the technology. More recently, Carbon capture tanks have been developed and they are employed for storage but they are very expensive and not easy to develop, use and maintain (Hester et al, 2010). Energy consumption Issues Another reason for CCS’s not being ready for usage yet is the energy that it requires to run. The capture and compression of CO2 requires a lot of energy, and this result in raising the running costs of CCS-equipped power plants. The process results in the increase energy needs of a plant by about 10-40%. This extra consumption of energy has rais ed many eyebrows in industrial world because with this new technology, instead of improvement in their produce, they have to invest even more in this extra consumption of fuel. This is a very important obstacle that has kept industrialists from employing this technology in their systems (Hester et al, 2010). Cost related issues of the technology CCS is a very expensive technology and this is also a reason why it is not ready for usage on large scale. As this technology is in its experimental stages, it is not very economical. The equipment and plants made for CCS are very expensive both in building and in later usage. With the passage of time, this obstacle may be removed by employing cheaper techniques and materials for building and running CCS equipments but so far it is not possible and this... In a nutshell, CCS is a very novel technology and as yet it is not flawless. There are many flaws in the system and operation of CCS and that is why it is not ready for use on large scale. With high fuel and energy consumption it becomes a very expensive technology. This makes it inefficient for large scale usage. Concerns regarding its role in promoting pollution have contributed towards making this development a controversial issue. For this reason, more effective and cost-friendly equipment should be developed aimed at reducing pollution in the environment. When effective technology is available, legislation to enforce application of this technology at industrial level may increase its demand on international level, so much so that the cost of equipment may get reduced. This will allow greater acceptability of the technology by industrial sector; thus contributing towards a healthier and green environment globally. It should be kept in mind that any technology in its nascent stage s is far from perfect; as human knowledge evolves, the technology becomes a masterpiece.

Strategic planning and development ( tourism perspective) Essay

Strategic planning and development ( tourism perspective) - Essay Example The company’s operations diversify in two broad categories of renewable energy and sustainable technology. Thereby the company requires abiding by the ethical issues with great concern in order to attain the efficacy of its operations. Masdar, in this regard, functions through five incorporated divisions such as the graduate university which primarily focuses on researches related to the renewable energy production and other components of the sustainable technologies industry. It is noteworthy that the company, being controlled by the Abu Dhabi government, has noticeably confirmed its position as a catalyst to accelerate the economic diversification of the country (Masdar, n.d.). 2. Purpose of the Organization The organization, being associated with the renewable energy and sustainable technologies industry, must abide by the issues related to the environmental aspects of the economy such as the natural resources, the socio-cultural factors and others. Considering the fact it can be stated that the purpose of the organization is highly depended on the industrial growth and its future prospect. In this milieu, the vision and mission statements of the company focus on the overall development of the economy in the global perspective in terms of knowledge, implementation and expansion of the renewable energy and sustainable technologies industry (Masdar, n.d.). Apart from these, the company also aims to contribute to the economic diversification through the expansion of its export base, stimulating entrepreneurship in the private-sector, investing in educational and research initiatives in order to encourage innovative ideas, generate skilled knowledge workers and others. The key purpose of the company also includes increasing the economy’s non-oil share in the global market. With this purpose, the company is concentrated on the prioritized sectors of the economy such as media, tourism, transportation & logistics and aviation & aerospace (Masdar, n.d. ). 3. Identified Problem of the Company and the Opportunity of the Strategic Plan The core values of Masdar have been defined by emphasizing on various attributes active in its micro and macro environment, such as the organizational objectives and the nature of the industry. These values demonstrate one of the major problems of the company, i.e. to market the clean technology products as commercially viable in order to reward a swift and sustainable growth to the economy (Masdar, n.d.). Therefore, the strategic plan that is to be illustrated in this paper is aimed to the purpose of the organization with a significant concern on the challenging factors most likely to be witnessed by the company. In this regard, the planning will be based upon the travel and tourism sector of the economy. It is basically due to the fact that the travel and tourism industry in the current phenomenon is highly prioritized by the economy. Additionally, the growth prospect of the industry is termed to be substantial in the near future which can ensure a sustainable growth to the company in marketing its products. Furthermore, the industry is recorded to grow with rapidity with an increased demand of technology which again enhances the growth perspective of the company and the economy at large. Hence, the plan shall reward the company with opportunities related to its expansion and the growth of the economy in the near future. 4. Goals of the Plan To be precise, the